IMAX Corporation Employment Arrangement Summary with Larry O'Reilly

Contract Categories: Human Resources › Employment Agreements
Summary

IMAX Corporation has entered into an employment arrangement with Larry O'Reilly, its Executive Vice President of Theatre Development. Under this agreement, Mr. O'Reilly will receive an annual base salary of Cdn$263,877 and is eligible to participate in the company's management bonus and sales commission plans. The details of these plans are outlined in IMAX's Proxy Statement filed with the SEC. This arrangement formalizes Mr. O'Reilly's compensation and participation in incentive programs.

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EX-10.1 2 o55162exv10w1.htm EX-10.1 EX-10.1
IMAX CORPORATION
EXHIBIT 10.1
SUMMARY OF EMPLOYMENT ARRANGEMENT
Larry O’Reilly
On January 6, 2005, IMAX Corporation (the “Company”) reached an arrangement with Mr. Larry O’Reilly, Executive Vice President, Theatre Development. Under the arrangement, Mr. O’Reilly receives an annual base salary of Cdn$263,877 and is entitled to participate in the Company’s management bonus plan and sales commission plans, which are described in the Company’s Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 8, 2009 (File No. 000-24216).