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Agreement#: AG-41075
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VP Marketing Letter Agreement

Effective Date: October 15, 1996
Parties:

Excite

Sectors: Media
September 23, 1996





William White Jr. 25 Barbara Lane Menlo Park, CA 94025





Dear Bill:



I'm pleased to offer you a position as Senior Vice President, Marketing at Excite Inc., reporting to me, with an employment start date of September 24, 1996. I understand your prior vacation commitments and grant your request for an unpaid leave of absence ending on your first day in the office, October 16,



The offer is contingent upon our obtaining:



1. documentation of U.S. citizenship or authorized alien work status,



2. return of a signed copy of this letter indicating your acceptance of our offer, and



3. receipt of a signed copy of Excite's Employee Invention Agreement and Confidentiality Agreement on the first day of your employment.



Your compensation will consist of a base salary of $160,000.00 per year, and a sign-on bonus of $15,000.00. Additionally we will work with you to maintain this compensation level once a formal bonus plan is put in place. Management will recommend that the Board of Directors approve a grant to you of stock options for 150,000 shares of Excite's Common Stock. The exercise price of the options would be the fair market value, as determined by the Board a t the time of the grant. The options would be subject to vesting at a rate of one-fourth (1/4) on the first anniversary of employment and thereafter at rate of one-forty eighths (1/48) each full succeeding mon ...

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