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EXHIBIT 10.1
August 25, 2005
Mr. Vincent Donargo
8317 Courtney Drive
Fishers, IN 46038
Re: Employment Terms
Dear Vince:
I am pleased to present you a conditional
offer of employment for the position
of Vice President, Chief Accounting Officer
and Controller.
This letter sets forth our understanding
relating to the terms of your
employment with Brightpoint, Inc.
("Company").
1. Effective on September 13,
2005 ("Commencement Date"), you will join
the Company as Vice President, Chief Accounting Officer and
Controller
with responsibilities as discussed over the last several months.
Your
annualized base salary will be $170,000. Your base salary will
be
reviewed as part of our normal executive compensation process in
2006.
Factors that may influence any potential increase include: a)
market
data and b) individual performance. In this position you will
report
to the Chief Financial Officer of Brightpoint, Inc. and/or his
designees or such other person as determined by the Company, from
time
to time. The job description for your initial assignment will
be
mutually agreed upon prior to the Commencement Date.
2. Effective in 2006, in
addition to your base salary, you will be
eligible to participate in the Company's
