MEDSTRONG INTERNATIONAL CORPORATION
EX-10.32 6 v064425_ex10-32.htm
EXHIBIT 10.32
MEDSTRONG INTERNATIONAL CORPORATION
January 8, 2007
Marc Saitta
4720 Benjamin Cross Court
Chantilly, VA 20151
Dear Marc:
We are very pleased to offer you the position of Chief Financial Officer at Medstrong International Corporation (the “Company”). This assignment is based in South Florida. You will report directly to me.
We expect that you will begin working in this new position no later than January 8, 2007. Your base salary will be $149,000 on an annual basis. The Company’s benefits plans, insurance, retirement and vacation benefits, are in the process of being developed and you will qualify as will all other employees at a similar compensation level of the Company with respect to any such benefits granted.
If decided by the Company’s Board of Directors (or committee of the Board of Directors having responsibility for option grants) that any senior executive of the Company receives stock options of the Company according to a stock option plan, then you will be eligible to participate in such plan, subject to and in accordance with applicable law and regulation. Your participation level, vesting schedule, exercise price and all other conditions for the grant of any stock options will be commensurate with your position in the company relative to other participating senior executives as determined in the sole and absolute discretion of the Board of Directors.
As a condition of your employment, you will be required to execute the Company’s Employee Inventions and Proprietary Rights Assignment, Non-Competition and Non-Disclosure Agreement.
Marc, we are all truly looking forward to your joining the Company. Provided the terms of this letter are acceptable to you, please sign and return the enclosed copy.
Sincerely yours, | |||
/s/ Stephen Bartkiw | |||
Stephen Bartkiw, CEO | |||
Agreed: | |||
/s/ Marc Saitta Marc Saitta | Date: January 31, 2007 |