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Kozmo Com Inc – IPO: ‘S-1’ on 3/20/00 – EX-10.8

On:  Monday, 3/20/00   ·   As of:  3/21/00   ·   Accession #:  912057-0-12562   ·   File #:  333-32864

Previous ‘S-1’:  None   ·   Next & Latest:  ‘S-1/A’ on 4/6/00

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

 3/21/00  Kozmo Com Inc                     S-1         3/20/00   15:637K                                   Merrill Corp/FA

Initial Public Offering (IPO):  Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)                102    483K 
 2: EX-3.1      Articles of Incorporation/Organization or By-Laws     19     72K 
 3: EX-3.2      Articles of Incorporation/Organization or By-Laws     21     74K 
 4: EX-4.1      Instrument Defining the Rights of Security Holders    74    237K 
10: EX-10.10    Material Contract                                      3     20K 
11: EX-10.11    Material Contract                                      9     39K 
12: EX-10.12    Material Contract                                      7     29K 
13: EX-10.13    Material Contract                                      6     29K 
 5: EX-10.5     Material Contract                                     14     59K 
 6: EX-10.6     Material Contract                                     14     59K 
 7: EX-10.7     Material Contract                                      2     14K 
 8: EX-10.8     Material Contract                                      2     11K 
 9: EX-10.9     Material Contract                                      2     13K 
14: EX-23.1     Consent of Experts or Counsel                          1      6K 
15: EX-27.1     Financial Data Schedule (Pre-XBRL)                     2      8K 


EX-10.8   —   Material Contract

EX-10.81st Page of 2TOCTopPreviousNextBottomJust 1st
 

Exhibit 10.8 October 14, 1999 Mr. Kenneth "Skip" Trevathan 1836 Johnson Road Germantown, TN 38139 Dear Skip: On behalf of Kozmo.com and its team members, I am pleased to offer you a position with our company. We are excited about our business and look forward to having you on the team. The offer is as follows: Position: Chief Operating Officer Reports to: Joe Park, CEO Salary: $250K base - Annual salary review Sign On: $15K Equity: 2.5% of shares outstanding (equivalent to 994,920 shares) Vesting Information: There is a 4 year vesting period for all shares. 25% will vest after the first year of employment. The remaining shares will vest on a pro-rated monthly basis. All options that have accrued between date of employment and date of IPO will vest immediately upon Kozmo.com's IPO. If the company is sold or acquired, all outstanding shares will vest immediately. Bonus: Bonus will be paid every 6 months during the fiscal year (February/August) and will be a combination of cash and equity. Targeted annual bonus will be 20% of base salary. 401K: Will commence as soon as it is put into place. (Projected January 2000) Life Insurance/Disability: Kozmo.com will pay for your $1M life insurance and disability program to be determined. Severance: If you are terminated for reasons other than cause, you will be guaranteed salary continuation for up to three months. Housing/Travel: Fully paid corporate apartment in New York City. The housing will be with your and your spouse's approval. All travel expenses for you and your spouse at your discretion. Benefits: Full medical/dental coverage and a $5M personal liability insurance to cover you and your dependents. Vacation: Your present vacation policy stands at 4 weeks, 2 personal, 2 floating holidays, 6 company holidays. Location: New York, NY -- Headquarters
EX-10.8Last Page of 2TOC1stPreviousNextBottomJust 2nd
Germantown, TN -- Home office/Residence Start Date: November 15, 1999 Miscellaneous: All hardware and software will be provided. This is an exciting time to help Kozmo.com. Your contribution will help the firm realize its potential in the marketplace and bring personal satisfaction in playing a role in its success. We look forward to having you join our team. Yours truly, /s/ Yong Kang Yong Kang Executive Director Accepted: /s/ Kenneth "Skip" Trevathan 10-16-99 -------------------------------- -------------- Kenneth "Skip" Trevathan Date

Dates Referenced Herein

Referenced-On Page
This ‘S-1’ Filing    Date First  Last      Other Filings
Filed as of:3/21/00None on these Dates
Filed on:3/20/00
11/15/992
10/14/991
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Filing Submission 0000912057-00-012562   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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