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Modem Media Inc – ‘S-1/A’ on 12/23/98 – EX-10.7(A)

As of:  Wednesday, 12/23/98   ·   Accession #:  1012870-98-3233   ·   File #:  333-68057

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

12/23/98  Modem Media Inc                   S-1/A                 11:213K                                   Donnelley R R & S… 13/FA

Pre-Effective Amendment to Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1/A       Amendment #2 to Form S-1                               6     45K 
 2: EX-3.1(A)   Certificate of Incorporation                           9     36K 
 3: EX-3.1(B)   Certificate of Incorporation to Be Effective           8     31K 
 4: EX-3.2(A)   Bylaws of Registrant                                  32    125K 
 5: EX-10.6(A)  O'Connell Covenant Not to Compete                      6     20K 
 6: EX-10.6(B)  Ahlers Covenant Not to Compete                         6     20K 
 7: EX-10.6(C)  Allen Covenant Not to Compete                          6     20K 
 8: EX-10.7(A)  Letter Agreement - Steven C. Roberts                   2     11K 
 9: EX-10.7(B)  Noncompetition Agreement - Steven C. Roberts           3     14K 
10: EX-10.8     Form of Indemnification Agreement                     11     44K 
11: EX-21.1     List of Subsidiaries                                   1      5K 


EX-10.7(A)   —   Letter Agreement – Steven C. Roberts

EX-10.7(A)1st Page of 2TOCTopPreviousNextBottomJust 1st
 

EXHIBIT 10.7(a) RELATIONSHIP TECHNOLOGY GROUP November 14, 1996 Mr. Steven Roberts 4737 Prestwick Drive Manlius, NY 13104 Dear Steven: We are pleased to offer you the position of Chief Operating Officer with the Relationship Technology Group, reporting to Doug Ahlers, President. We have considered the challenge and opportunity offered by working in a fast paced environment and believe you will be more than able to meet the goals of the Relationship Technology Group. In accepting a position with the Company, you agree that the employment relationship between the Company and you is an at- will relationship and that the employment and compensation can be terminated, with or without cause, and with or without notice, at any time, at the option of either the Company or you. The following confirms the specific agreements regarding your compensation if you accept this position of Chief Operating Officer with the Relationship Technology Group. . Your annual base salary on your start date will be $150,000.00. . When you start with the Relationship Technology Group, or when TN Technologies files an IPO, whichever comes later, you will receive stock options with a market value at the date of grant equal to 80% of your salary. On your first anniversary of employment with the Relationship Technology Group, you will receive stock options with a market value at the date of grant equivalent to 100% of your salary. . To compensate you for the increased cost of a mortgage in the general area of Westport, CT, we agree to pay you an additional $2,000 per month. This additional $2,000 will be divided into two monthly payments and distributed in each semi-monthly paycheck.
EX-10.7(A)Last Page of 2TOC1stPreviousNextBottomJust 2nd
Page 2 (cont'd.) November 14, 1996 . This mortgage differential payment will begin once you obtain a new mortgage. If your employment with the Relationship Technology Group terminates for any reason, this mortgage differential payment will cease with your final paycheck. . The mortgage differential payment will have no bearing on the calculation of any salary increases, merit bonuses or any other salary based calculations which you may earn during your employment with the Relationship Technology Group. Accordingly, even though your base salary may increase, the mortgage differential payment will remain the same. . In order to begin the mortgage differential payment process you must submit to the Relationship Technology Group supporting paperwork for your current mortgage and for your new mortgage. Relationship Technology Group has a forty (40) hour work week, Monday through Friday. The work day can be flexed one (1) hour between 7:00 a.m. and 7:00 p.m. The responsibilities that are associated with the Chief Operating Officer position are such that it may require the investment of additional time to successfully meet deadlines and demands. Steven, we are looking forward to your joining the Relationship Technology Group and playing a key role in our continued success. Please acknowledge your acceptance by signing the copy of your offer letter and confidentiality agreement and returning them to me in the enclosed envelope. If you have any questions or concerns, please give me a call. Best Regards, /s/ Marilyn L. Fidler Accepted By: /s/ Steven Roberts Marilyn L. Fidler --------------------------- Director of Human Resources Date: December 2, 1996 cc: Doug Ahlers --------------------------------

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘S-1/A’ Filing    Date First  Last      Other Filings
Filed on:12/23/98S-1/A
12/2/962
11/14/9612
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Filing Submission 0001012870-98-003233   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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