Consulting Agreement between Openwave, Inc. and Gerald Held
This agreement is between Openwave, Inc. and Gerald Held, who will provide advisory services to the company, primarily to the CEO and staff, in areas such as product and corporate strategy, product planning, quality processes, and mentoring. Gerald Held will work approximately one day per month, starting December 1, 2004, for at least 12 months, with either party able to cancel with 30 days' written notice after that period. The fee is $7,500 per month, plus approved travel expenses paid by Openwave.
Exhibit 10.3
December 1, 2004
Dave Peterschmidt
CEO
Openwave, Inc.
1400 Seaport Blvd
Redwood City, CA 94063
Dave,
This letter summarizes the terms for advisory services which I propose to provide to Openwave, Inc.
The scope of these services will be to advise the Openwave team (primarily you and your staff) in the following areas:
| - | Product and corporate strategy |
| - | Product planning process |
| - | Product test and quality process |
| - | Product organization |
| - | Mentoring of Jon as a VP of product development |
| - | Other areas which are mutually agreed |
I agree to provide these services for approximately one day each month, starting December 1, 2004 for a minimum period of 12 months and then until cancelled with 30 days written notice by either party.
The fee for these services will be $7,500 per month. Travel expenses will be paid by Openwave as required and approved by Openwave.
If you agree with these terms, please return a signed copy of this letter to me.
Best regards,
Jerry Held
| Agreed: |  | |
| Dave Peterschmidt CEO Openwave, Inc. | ||
| Date: | 12-01-2004 | |
