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– Release Delayed ·As Of Filer Filing For·On·As Docs:Size Issuer Agent 1/11/08 LogMeIn, Inc. S-1¶ 21:2.9M Bowne of Boston/FA |
Document/Exhibit Description Pages Size 1: S-1 Logmein, Inc. HTML 1.36M 21: CORRESP ¶ Comment-Response or Other Letter to the SEC HTML 4K 2: EX-3.1 EX-3.1 Fifth Amended and Restated Certificate of HTML 122K Incorporation 3: EX-3.3 EX-3.3 Bylaws of the Registrant HTML 67K 4: EX-10.1 EX-10.1 2004 Equity Incentive Plan HTML 75K 13: EX-10.10 EX-10.10 Indemnification Agreement, Dated December HTML 39K 5, 2005 (Steven Benson) 14: EX-10.11 EX-10.11 Indemnification Agreement, Dated October HTML 54K 15, 2004 (Michael Simon) 15: EX-10.13 EX-10.13 Second Amended and Restated Investor HTML 150K Rights Agreement, Dated December 26, 2007 16: EX-10.14 EX-10.14 Lease, Dated July 14, 2004 (Acquiport HTML 219K Unicorn) 17: EX-10.15 EX-10.15 Connectivity Service and Marketing HTML 158K Agreement, Dated December 26, 2007 5: EX-10.2 EX-10.2 Form of Incentive Stock Option Agreement HTML 20K (2004 Plan) 6: EX-10.3 EX-10.3 Form of Nonstatutory Stock Option HTML 20K Agreement (2004 Plan) 7: EX-10.4 EX-10.4 2007 Stock Incentive Plan HTML 51K 8: EX-10.5 EX-10.5 Form of Incentive Stock Option Agreement HTML 33K (2007 Plan) 9: EX-10.6 EX-10.6 Form of Nonstatutory Stock Option HTML 32K Agreement (2007 Plan) 10: EX-10.7 EX-10.7 Form of Restricted Stock Agreement (2007 HTML 61K Plan) 11: EX-10.8 EX-10.8 Letter Agreement, Dated April 18, 2005 HTML 42K (Richard Redding) 12: EX-10.9 EX-10.9 Indemnification Agreement, Dated December HTML 40K 5, 2005 (David Barrett) 18: EX-21.1 EX-21.1 Subsidiaries of the Registrant HTML 10K 19: EX-23.1 EX-23.1 Consent of Independent Registered Public HTML 10K Accounting Firm 20: EX-23.3 EX-23.3 Consent of Shields & Company, Inc. HTML 12K
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Sincerely, 3am Labs, Inc. |
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By: | /s/ Michael Simon | |||
Name: | Michael Simon | |||
Title: | Chief Executive Officer | |||
/s/ Richard Redding | ||||
Richard Redding | ||||
Date: 4/26/2005 |
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Position and Duties:
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Vice President of Business Development. In this position the Employee will work to identify and open channels for the distribution and sale of the Company’s products according to the policies of the Company and the direction of the CEO. | |
Base Salary:
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An annualized salary $145,000, payable in accordance with the Company’s standard payroll practices. | |
Performance salary
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The Employee will be eligible to receive a bonus as follows: | |
compensation: |
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Category I: For each of the first three (3) distribution deals that the Employee obtains for the Company, and which are entered into by the Company, during the first year of the Employee’s employment with the Company (hereafter the “Eligibility Period”) with large broadband providers or wireless service providers, each of which provider must have a minimum of 1 million subscribers and each of which deal must result in the Company receiving either “net profits” of at least $25,000 during the Eligibility Period or within one year thereafter, or $100,000 in revenue from the deal during the Eligibility Period or within one year thereafter, the Employee will receive a bonus payment of $25,000. |
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Category II: For each of the first three (3) distribution, bundling, cross promotion or OEM deals that the Employee obtain for the Company, and which are entered into by the Company, during the Eligibility Period with a Fortune 100 computer hardware or Software company, and each of which deal must result in the Company receiving either “net profits” of at least $25,000 during the Eligibility Period or within one year thereafter, or $100,000 in revenue from the deal during the Eligibility Period or within one year thereafter, the Employee will receive a bonus payment of $10,000. |
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In no event will the Employee be eligible for bonuses under Categories I and II for the same deal or transaction, or for deals or transactions with the same company. The Company reserves the right to decline, in its sole discretion, any transaction or deal and, if it does, no bonus will be due the Employee for such potential transaction or deal. For the purpose of this provision, “net profit” is defined as revenue less any (1) set up costs (such as third party |
hardware, software and network operations center costs), (2) fees or commissions paid to distribution partners, (3) any other third party fees or commissions associated with, related to or required by, the transaction or deal. In order for a bonus to be earned, alt of the conditions of the bonus must be achieved during the time of the Employee’s employment with the Company and otherwise during the Eligibility Period. | ||
Stock Option Grant:
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Subject to approval by the Company’s Board of Directors, the Employee will be granted an Option exercisable at fifty ($.50) cents a share for 250,000 shares of the Company’s common stock (the “Option Shares”) (appropriately adjusted for any stock split, stock dividend, combination or recapitalization of the Company’s capital stock) under the guidelines of the Plan. Subject to the terms and conditions of the paragraphs set forth under the heading “Stock Option” in a letter from the Company to the Employee of even date herewith to which this Schedule 1 is attached, the Option shall become exercisable, on a cumulative basis, according to the following schedule assuming that the Employee remain an employee of the Company at all times during the applicable vesting period of the Option: |
Portion of Option Shares Vesting | ||||
Vesting Date: | on such Vesting Date: | |||
May 23, 2006 | 25% of Option Shares | |||
May 23, 2007 | 25% of Option Shares | |||
May 23, 2008 | 25% of Option Shares | |||
May 23, 2009 | 25% of Option Shares |
Upon termination of the Employee’s relationship with the Company, the Employee may exercise the Option, to the extent then exercisable, but only for the limited period of time set forth in the Plan. For purposes of the preceding sentence, the Employee’s relationship with the Company shall terminate on the date that the Employee is not an employee of the Company. | ||
Benefits:
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The Employee shall be entitled to twenty (20) days’ vacation each calendar year. Any vacation shall be taken at the reasonable and mutual convenience of the Company and the Employee. | |
The Employee shall be entitled to enroll in the Company sponsored health insurance plan either as an individual or as a family with the Employee reimbursing the Company 20% of the premium paid by the Company for such health insurance plan. | ||
Severance Payment
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In the event the Employee’s employment is terminated by the Company other than “for cause”, within the first twelve months |
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after commencement of the Employee’s employment with the Company, then the Employee will be entitled to receive a severance payment equal to three (3) months of the Employee’s base salary. Notwithstanding the above, in the event the Employee’s employment is terminated by the Company other than “for cause” (i) at the time of, or any time following, an “acquisition of the Company,” or, (ii) after the first anniversary of the commencement of the Employee’s employment with the Company, or, (iii) within six months after appointment of a new CEO, or, (iv) for other reasons other than “for cause,” then the Employee will be entitled to receive a severance payment equal to six (6) months of the Employee’s base salary. In no event shall the Company be obligated to pay the Employee a severance payment greater than six (6) months of the Employee’s base salary or any severance payment other than as expressly set forth above. | ||
For the purpose of this provision, an “acquisition of the Company” shall be strictly limited to the (1) the sale of all or substantially all of the assets of the Company to other than a current shareholder, (2) the acquisition of in excess of fifty (50%) percent of the voting equity of the Company by a person or company not presently a shareholder of the Company, or (3) the merger or consolidation of the Company with another company that was neither a subsidiary or affiliate with the Company just prior to the time of the merger or consolidation. Further for the purpose of this provision, “for cause” is defined as any of the following: (1) insubordination or disregard of directives of the Company’s Board of Directors or of the Chief Executive Officer of the Company (or any other the Company officer to whom the Employee report); (2) commission of a willful act which constitutes a breach of the Employee’s duty of loyalty to the Company; (3) commission of a willful act of dishonesty in the course of the Employee’s duties with the Company which significantly injures the Company; (4) engagement in gross or persistent misconduct injurious to the Company, its stockholders or affiliates; (5) conviction of a crime of moral turpitude or of a felony; or (6) chronic alcoholism or drug abuse. | ||
Singing Bonus
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Upon completion of 30 days of employment with the Company, the Employee will receive a one-time payment of $5,000. |
/s/ Richard Redding | ||||
Richard Redding | ||||
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This ‘S-1’ Filing | Date | Other Filings | ||
---|---|---|---|---|
5/23/09 | None on these Dates | |||
5/23/08 | ||||
Filed on: | 1/11/08 | |||
5/23/07 | ||||
5/23/06 | ||||
5/23/05 | ||||
4/18/05 | ||||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/08/08 SEC UPLOAD¶ 9/12/17 1:110K LogMeIn, Inc. |