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EXHIBIT 10.1
[LOGO] ma(c)rovision Macrovision Corporation
2830 De La Cruz Blvd.
Santa Clara, CA 95050
(408) 562-8400 Main
(408) 567-1800 Fax
www.macrovision.com
July 22, 2005
Mr. James Budge
[Address]
[Address]
Dear James,
I am pleased to offer you the position of Executive Vice President and Chief
Financial Officer at Macrovision Corporation (the "Company"), reporting to me.
This job location is based in our offices located at 2830 De La Cruz Blvd. in
Santa Clara and does not involve telecommuting. In your role you will be
responsible for all worldwide finance functions.
Your compensation will consist of base salary of $275,000 annually. You will
also be eligible to participate in our EIP (Executive Incentive Plan). For 2005,
the EIP will provide you a payout at 100% achievement of targets equal to 50% of
the prorated portion of your base salary earned during 2005, of which eighty
percent (80%) payment for 2005 shall be guaranteed. For 2006 and subsequent
years, the EIP bonus payout is based 50% on the Company meeting both its revenue
plan and EBIT plan and 50% on your achievement of specific individual objectives
that you and I will develop together, with the bonus payout at 100% achievement






