SEC Info - AutoWeb, Inc. - ‘10-Q’ for 9/30/19

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AutoWeb, Inc. – ‘10-Q’ for 9/30/19 – ‘EX-10’

On: Thursday, 11/7/19, at 4:20pm ET · For: 9/30/19 · Accession #: 1654954-19-12484 · File #: 1-34761

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

11/07/19  AutoWeb, Inc.                     10-Q        9/30/19   50:3M                                     Blueprint/FA

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    399K 
 2: EX-10       Exhibit 10.2                                        HTML     25K 
 3: EX-31       Exhibit 31.1                                        HTML     23K 
 4: EX-31       Exhibit 31.2                                        HTML     23K 
 5: EX-32       Exhibit 32.1                                        HTML     20K 
35: R1          Document and Entity Information                     HTML     51K 
14: R2          Consolidated Condensed Balance Sheets               HTML     98K 
27: R3          Consolidated Condensed Balance Sheets               HTML     41K 
                (Parenthetical)                                                  
42: R4          Consolidated Condensed Statements of Operations     HTML     77K 
                and Comprehensive Income (Loss)                                  
37: R5          Consolidated Statements of Stockholders' Equity     HTML     60K 
17: R6          Consolidated Condensed Statements of Cash Flows     HTML    126K 
28: R7          Organization and Operations                         HTML     22K 
44: R8          Basis of Presentation                               HTML     24K 
34: R9          Recent Accounting Pronouncements                    HTML     26K 
40: R10         Revenue Recognition                                 HTML     41K 
46: R11         Net Loss Per Share and Stockholders' Equity         HTML     29K 
25: R12         Share-Based Compensation                            HTML     44K 
13: R13         Selected Balance Sheet Accounts                     HTML     48K 
39: R14         Leases                                              HTML     25K 
45: R15         Credit Facility                                     HTML     26K 
24: R16         Commitments and Contingencies                       HTML     20K 
12: R17         Income Taxes                                        HTML     23K 
38: R18         Recent Accounting Pronouncements (Policies)         HTML     26K 
47: R19         Revenue Recognition (Tables)                        HTML     28K 
22: R20         Net Loss Per Share and Stockholders' Equity         HTML     26K 
                (Tables)                                                         
20: R21         Share-Based Compensation (Tables)                   HTML     48K 
31: R22         Selected Balance Sheet Accounts (Tables)            HTML     50K 
49: R23         Leases (Tables)                                     HTML     23K 
21: R24         Revenue Recognition (Details)                       HTML     27K 
19: R25         Net Loss Per Share and Stockholders' Equity         HTML     31K 
                (Details)                                                        
30: R26         Net Loss Per Share and Stockholders' Equity         HTML     18K 
                (Details Narrative)                                              
48: R27         Share-Based Compensation (Details)                  HTML     33K 
23: R28         Share-Based Compensation (Details 1)                HTML     23K 
18: R29         Share-Based Compensation (Details 2)                HTML     27K 
15: R30         Share-Based Compensation (Details 3)                HTML     22K 
26: R31         Selected Balance Sheet Accounts (Details)           HTML     34K 
41: R32         Selected Balance Sheet Accounts (Details 1)         HTML     51K 
36: R33         Selected Balance Sheet Accounts (Details 2)         HTML     32K 
16: R34         Selected Balance Sheet Accounts (Details 3)         HTML     30K 
29: R35         Leases (Details)                                    HTML     22K 
43: R36         Leases (Details 1)                                  HTML     34K 
32: XML         IDEA XML File -- Filing Summary                      XML     83K 
33: EXCEL       IDEA Workbook of Financial Reports                  XLSX     43K 
 6: EX-101.INS  XBRL Instance -- auto-20190930                       XML    706K 
 8: EX-101.CAL  XBRL Calculations -- auto-20190930_cal               XML    134K 
 9: EX-101.DEF  XBRL Definitions -- auto-20190930_def                XML    170K 
10: EX-101.LAB  XBRL Labels -- auto-20190930_lab                     XML    492K 
11: EX-101.PRE  XBRL Presentations -- auto-20190930_pre              XML    374K 
 7: EX-101.SCH  XBRL Schema -- auto-20190930                         XSD     74K 
50: ZIP         XBRL Zipped Folder -- 0001654954-19-012484-xbrl      Zip     67K

‘EX-10’ — Exhibit 10.2

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

C: C:

Blueprint

Exhibit 10.2

AMENDMENT NO. 1

EMPLOYMENT AGREEMENT

This Amendment No. 1 to Employment Agreement (“Amendment”) is made and entered into as of August 26, 2019, by and between AutoWeb, Inc., a Delaware corporation (“Company”), and Jared R. Rowe (“Executive”).

Background

The Company and the Executive have entered into that certain Employment Agreement dated as of April 12, 2018 (“Employment Agreement”).

Executive is employed as the Company’s President and Chief Executive Officer pursuant to the terms and conditions of that certain Employment Agreement dated as of April 12, 2018 (“Employment Agreement”). Among other terms and conditions, the Employment Agreement provides for the payment to Executive of a monthly travel and housing allowance in the amount of Fifteen Thousand Dollars ($15,000), less applicable tax withholdings (“Travel and Housing Accommodation Monthly Allowance”) for Executive’s (i) personal housing in the Irvine, California area; and (ii) air/ground travel between Atlanta, Georgia and Irvine, California.

With the recent change in the Company’s principal executive offices from the Company’s office in Irvine, California to the Company’s office in Tampa, Florida, it is anticipated that Executive will spend significantly more time in the Tampa, Florida office, and that the Tampa, Florida office will be Executive’s primary office location. In recognition of these changes, it has been proposed that the terms of the Travel and Housing Accommodation Monthly Allowance be changed to provide the allowance for Executive’s (i) personal housing in the Tampa, Florida area; and (ii) air/ground travel between Atlanta, Georgia and Tampa, Florida.

In consideration of the mutual covenants and agreements contained herein, and with reference to the above recitals, the parties hereby agree as follows:

Article I

Amendments to Employment Agreement

1.1 Definition of Travel and Housing Accommodation Monthly Allowance. Section 1(u) of the Employment Agreement is hereby amended in its entirety to read as follows:

(u) “Travel and Housing Accommodation Monthly Allowance” means a monthly allowance of Fifteen Thousand Dollars ($15,000), less applicable tax withholdings, for Executive’s (i) personal housing in the Tampa, Florida area; and (ii) air/ground travel between Atlanta, Georgia and Tampa, Florida.

1.2 Payment of Travel and Housing Accomodation Montly Allowance. Section 4(e) of the Employment Agreement is hereby amended in its entirety to read as follows:

(g) Each month, during the Employment Term, the Company will pay to Executive the Travel and Housing Accommodation Monthly Allowance. Should Executive elect to relocate to the Tampa, Florida area, the Travel and Housing Accommodation Monthly Allowance will cease and Company will pay actual moving costs from Atlanta, Georgia to the Tampa, Florida area plus actual sales brokerage fees incurred for the sale of Executive’s residence in Atlanta, Georgia, such moving and relocation assistance not to exceed Two Hundred Thousand Dollars ($200,000.00) in the aggregate. It is expressly understood that at no point during the Employment Term Executive shall be required to relocate from Atlanta, GA area.

ARTICLE 1

General Provisions

1.1 Capitalized Terms. All capitalized terms in this Amendment, to the extent not otherwise defined herein, shall have the meaning assigned to them in the Employment Agreement.

1.2 Continuing Effectiveness. Except as modified by this Amendment, the Employment Agreement shall remain in full force and effect and neither party by virtue of entering into this Amendment is waiving any rights it has under the Employment Agreement, and once this Amendment is executed by the parties hereto, all references in the Employment Agreement to “the Agreement” or “this Agreement,” as applicable, shall refer to the Employment Agreement as modified by this Amendment.

1.3 Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which shall constitute one instrument.

[Remainder of Page Intentionally Left Blank; Signature Page Follows]

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written.

AutoWeb, Inc.

By: /s/ Glenn E. Fuller

Glenn E. Fuller

Executive Vice President, Chief Legal Officer and Secretary

Executive

/s/ Jared R. Rowe

Jared R. Rowe

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

Filed on:	11/7/19	8-K
For Period end:	9/30/19	4
	8/26/19
	4/12/18	3, 4, 8-K
		List all Filings

2 Subsequent Filings that Reference this Filing

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

 3/24/22  AutoWeb, Inc.                     10-K       12/31/21   87:7.9M                                   Disclosure Law Group/FA
 3/11/21  AutoWeb, Inc.                     10-K       12/31/20   76:5.6M                                   Blueprint/FA

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Filing Submission 0001654954-19-012484 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)