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AOL Inc. – ‘10-12B/A’ on 9/16/09 – ‘EX-10.17’

On:  Wednesday, 9/16/09, at 9:14am ET   ·   Private-to-Public:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1193125-9-192456   ·   File #:  1-34419

Previous ‘10-12B’:  ‘10-12B’ on 7/27/09   ·   Next:  ‘10-12B/A’ on 10/26/09   ·   Latest:  ‘10-12B/A’ on 11/16/09   ·   1 Reference:  By:  SEC – ‘UPLOAD’ on 10/13/09

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 9/16/09  AOL Inc.                          10-12B/A¶             68:6.6M                                   Donnelley … Solutions/FA

Amendment to Registration of Securities (General Form)   —   Form 10
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-12B/A    Amendment No. 1 to Form 10                          HTML    100K 
68: CORRESP   ¶ Comment-Response or Other Letter to the SEC         HTML     84K 
 2: EX-2.1      Plan of Acquisition, Reorganization, Arrangement,   HTML    187K 
                          Liquidation or Succession                              
 3: EX-3.1      Articles of Incorporation/Organization or By-Laws   HTML     31K 
 4: EX-3.2      Articles of Incorporation/Organization or By-Laws   HTML     97K 
 5: EX-10.1     Material Contract                                   HTML     80K 
10: EX-10.10    Material Contract                                   HTML     71K 
11: EX-10.11    Material Contract                                   HTML     33K 
12: EX-10.12    Material Contract                                   HTML     33K 
13: EX-10.13    Material Contract                                   HTML     33K 
14: EX-10.14    Material Contract                                   HTML     37K 
15: EX-10.15    Material Contract                                   HTML     37K 
16: EX-10.16    Material Contract                                   HTML     37K 
17: EX-10.17    Material Contract                                   HTML     30K 
18: EX-10.18    Material Contract                                   HTML     24K 
19: EX-10.19    Material Contract                                   HTML     20K 
20: EX-10.20    Material Contract                                   HTML     52K 
21: EX-10.21    Material Contract                                   HTML     52K 
22: EX-10.22    Material Contract                                   HTML    247K 
23: EX-10.23    Material Contract                                   HTML     56K 
24: EX-10.24    Material Contract                                   HTML     45K 
25: EX-10.25    Material Contract                                   HTML     44K 
26: EX-10.26    Material Contract                                   HTML     30K 
27: EX-10.27    Material Contract                                   HTML     36K 
28: EX-10.28    Material Contract                                   HTML     29K 
29: EX-10.29    Material Contract                                   HTML     31K 
30: EX-10.30    Material Contract                                   HTML     63K 
31: EX-10.31    Material Contract                                   HTML     34K 
32: EX-10.32    Material Contract                                   HTML     29K 
33: EX-10.33    Material Contract                                   HTML     96K 
34: EX-10.34    Material Contract                                   HTML     29K 
35: EX-10.35    Material Contract                                   HTML     30K 
36: EX-10.36    Material Contract                                   HTML     30K 
37: EX-10.37    Material Contract                                   HTML     30K 
38: EX-10.38    Material Contract                                   HTML     30K 
39: EX-10.39    Material Contract                                   HTML     30K 
40: EX-10.40    Material Contract                                   HTML    124K 
41: EX-10.41    Material Contract                                   HTML     30K 
42: EX-10.42    Material Contract                                   HTML     32K 
43: EX-10.43    Material Contract                                   HTML     31K 
44: EX-10.44    Material Contract                                   HTML     72K 
45: EX-10.45    Material Contract                                   HTML     31K 
46: EX-10.46    Material Contract                                   HTML     21K 
47: EX-10.47    Material Contract                                   HTML    182K 
48: EX-10.48    Material Contract                                   HTML     25K 
49: EX-10.49    Material Contract                                   HTML     27K 
50: EX-10.50    Material Contract                                   HTML     57K 
51: EX-10.51    Material Contract                                   HTML     23K 
52: EX-10.52    Material Contract                                   HTML     43K 
53: EX-10.53    Material Contract                                   HTML    126K 
54: EX-10.54    Material Contract                                   HTML    113K 
55: EX-10.55    Material Contract                                   HTML     31K 
56: EX-10.56    Material Contract                                   HTML     27K 
57: EX-10.57    Material Contract                                   HTML     43K 
58: EX-10.58    Material Contract                                   HTML     86K 
59: EX-10.59    Material Contract                                   HTML     22K 
 6: EX-10.6     Material Contract                                   HTML    148K 
60: EX-10.60    Material Contract                                   HTML     26K 
61: EX-10.61    Material Contract                                   HTML     48K 
62: EX-10.62    Material Contract                                   HTML     26K 
63: EX-10.63    Material Contract                                   HTML     22K 
64: EX-10.64    Material Contract                                   HTML     40K 
65: EX-10.65    Material Contract                                   HTML    576K 
66: EX-10.66    Material Contract                                   HTML     36K 
 7: EX-10.7     Material Contract                                   HTML    115K 
 8: EX-10.8     Material Contract                                   HTML     69K 
 9: EX-10.9     Material Contract                                   HTML     67K 
67: EX-99.1     Miscellaneous Exhibit                               HTML   1.78M 


‘EX-10.17’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  Exhibit 10.17  

Exhibit 10.17

LOGO

 

TO:    David Harmon                         LOGO
FROM:   

 

Ron Grant, Chief Operating Officer                            

  
DATE:    October 15, 2007   
SUBJECT:    Bonus Retention Program   

 

 

This letter is to notify you that you are eligible to participate in a one-time Bonus Retention Program (“Bonus Program”) with AOL LLC (together with its subsidiaries and affiliates, “AOL” or the Company). The purpose of this discretionary Bonus Program is to reward and retain qualified and motivated individuals. This letter sets forth the key terms and conditions of your participation in the Bonus Program.

Bonus Periods:    The Bonus Program shall be effective from October 15, 2007 (“Commencement Date”) and shall end on September 30, 2009 (“End Date”). The Bonus Program will be divided into two discrete periods as follows:

 

   

October 15, 2007September 30, 2008 (“Bonus Period 1”)

 

   

October 1, 2008September 30, 2009 (“Bonus Period 2”)

Bonus Payments:    Subject to the Bonus Conditions set forth below, the total bonus amount for which you may be eligible shall be in accordance with the following schedule and calculation. For purposes of this Bonus Program, your “Current Annual Salary” shall be your annual base pay in effect as of the date of this letter.

 

   

Bonus Period 1:    One-time payment equal to 30% of your Current Annual Salary payable on or after September 30, 2008 (an amount equal to $93,040.14)

 

   

Bonus Period 2:    One-time payment equal to 70% of your Current Annual Salary payable on or after September 30, 2009 (an amount equal to $217,093.67)

Bonus Conditions: Your eligibility for the Bonus Payments shall be subject to and dependent upon you meeting the following conditions:

 

  1. You must be a full-time, active employee of the Company throughout the entire applicable Bonus Period. If your employment ends for any reason prior to the end of any Bonus Period, you will not be entitled to any Bonus Payment (or any pro rata Bonus Payment) for that Bonus Period or any subsequent Bonus Period. If during any Bonus Period you move to another Time Warner entity, you will not be entitled to any Bonus Payment (or any pro rata Bonus Payment) for that Bonus Period or any subsequent Bonus Period.

 

  2. Eligibility for participation in the Bonus Program shall be determined by the Chief Executive Officer of AOL and the senior executive of the Human Resources

 

22000 AOL Way        Dulles, VA 20166-9323    USA


    department, at their sole discretion, and can be revised at any time for any reason not prohibited by law.

 

  3. You must perform your job satisfactorily throughout each Bonus Period and your performance rating in accordance with the Company’s annual review process must be “Fully Meets Expectations” or higher at the time of payout to receive any Bonus Payment.

 

  4. Employees on an approved leave of absence during any Bonus Period shall receive a Bonus Payment only upon their return to work. Employees who do not return from a leave of absence will not receive a Bonus Payment.

 

  5. Any Bonus Payment to which you may be entitled under this Bonus Program shall be paid, less applicable withholdings, on your next regularly scheduled pay date following the end of the applicable Bonus Period, unless local law requires that it be paid sooner.

 

  6. You agree to comply with the current version of the Company’s Confidentiality, Noncompetition and Proprietary Rights Agreement. In addition, you agree not to make any disparaging or untruthful remarks or statements about the Company, its officers, directors, employees or agents, and to comply with the Standards of Business Conduct and all other relevant policies of the Company.

 

  7. You agree to keep the existence and details of the Bonus Program, including your participation in the Bonus Program, strictly confidential. Any breach of this provision shall result in forfeiture of your eligibility for future Bonus Payments or your return of the Bonus Payments to the Company if previously paid to you.

All other terms and conditions of your employment with the Company remain in full force and effect. Your employment with the Company remains at-will, unless otherwise provided in a separate writing signed by an authorized officer of the Company. Nothing in this letter or the Bonus Program is intended to create a contract for employment or guarantee of continued employment with the Company for any period of time. The Company reserves the right to change the terms and conditions of this discretionary Bonus Program at any time for any reason not prohibited by law, with or without notice to you.

Please sign and date one copy of this letter and return it to Sara Dunn, HR Director, 36B:L09, if you wish to participate in this discretionary Bonus Program. If you have any questions, please do not hesitate to contact Dave Harmon or Sara Dunn.

 

 

ACCEPTED:  

/s/ David Harmon

    DATE:       

Dates Referenced Herein

This ‘10-12B/A’ Filing    Date    Other Filings
9/30/09None on these Dates
Filed on:9/16/09
10/1/08
9/30/08
10/15/07
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/13/09  SEC                               UPLOAD9/22/17    1:24K  AOL Inc.
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Filing Submission 0001193125-09-192456   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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