Attached files
Exhibit 10.17
January 2010
Sarit Firon
New York
Dear Sarit:
I am pleased to confirm the compensation approved for you by the Compensation Committee of the Board. It is effective January 1, 2010
| 2010 | 2009 | |||||
| Annual Salary |
$ | 250,000 | $ | 212,000 | ||
| Quarterly Bonus |
16,000 | 16,000 | ||||
| Commission OTE |
40,000 | 24,400 | ||||
| Total 2010 Compensation |
$ | 354,000 | $ | 300,400 | ||
Your Commission is based on the Global Revenue target for 2010 of $80,000,000. Your commission rate is 0.050%. Should Eyeblaster exceed the revenue target your commission rate on the amount that exceeds will be 0.075%
The Committee also approved an option grant of 15,000 for you. Details and documents on the grant will come to you in the next several weeks
| All the best, |
| /s/ Gal Trifon |
| Gal Trifon CEO |
| cc: | Maureen McGovern |