EX-10.5: LETTER AGREEMENT
EX-10.5 5 y57487exv10w5.htm EX-10.5: LETTER AGREEMENT EX-10.5
EXHIBIT 10.5
Letter Agreement
| May 6, 2008 |
Dear Robin:
I am pleased to inform you that the Compensation Committee of the Board of Directors has approved paying you a spot bonus in the amount of $150,000, with the proviso that you be required to repay the Company $75,000 of that amount if you are no longer employed by the Company in 12 months.
I ask you to sign below to indicate your understanding, agreement and acceptance of this bonus under the terms stated above.
| All the best, | ||
| /s/ Susan Lyne | ||
| Susan Lyne |
Acknowledged, Agreed to and Accepted:
/s/ Robin Marino
Robin Marino
Date: May 8, 2008
Robin Marino
Date: May 8, 2008
