VIEWPOINT SYSTEMS LETTERHEAD)
January 12, 1995
Mr. A. David Boomstein 1311 Hiwan Trail Huntsville, AL 35802
RE: Offer of Employment
Dear David:
On behalf of Viewpoint Systems, Inc., a Multimedia Access Corporation, (MMAC) subsidiary, I am pleased to extend an offer of employment as Vice President of Marketing, to you. The details of the offer are as follows:
1. Your start date will be contingent upon the terms of your
resignation from your current employment but no later than February 1,
2. Your base salary will be $5,417 per month, payable bi-monthly on or
about the 15th and 30th of each month. This salary will be increased
to $6,050.00 per month when you relocate to Dallas on July 1, 1995.
3. You will be eligible for a Bonus for 1995 based on Viewpoint's
performance to 1995 plan and you achieving pre defined MBO's. For the
period February 1 through July 31, 1995, you will be eligible for a
bonus of $10,000 for successfully implementing five MBO's - these
written MBO's will be defined by Peter W. Craine prior to your start
4. You will be entitled to participate in the Company's standard
benefits plans applicable to all employees, to be described in the
forthcoming MMAC Outline of Benefits. As a VP you will be entitled to
3 weeks vacation.
...
*End of Preview*
Click the 'Add to Cart' button to download the complete and formatted agreement.