Attached files
Exhibit 10.20
January 2010
Ofer Zadikario
Ra’anana
Dear Ofer:
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 | |||||||||
| Monthly Salary |
|
60,000 |
|
55,000 | ||||||
| Quarterly Bonus |
$ | 6,000 | $ | 5,000 | ||||||
| Commission OTE |
$ | 28,060 | $ | 24,400 | ||||||
| Total 2010 Compensation |
|
914,254 |
|
825,672 | ||||||
Your Commission is based on the Global Revenue target for 2010 of $80,000,000. Your commission rate is 0.035%. Should Eyeblaster exceed the revenue target your commission rate on the amount that exceeds will be 0.053%
| All the best, |
| /s/ Gal Trifon |
| Gal Trifon |
| CEO |
| cc: | Maureen McGovern |