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OFFER OF EMPLOYMENT

Executive Employment Agreement

OFFER OF EMPLOYMENT | Document Parties: INSIGNIA SOLUTIONS PLC You are currently viewing:
This Executive Employment Agreement involves

INSIGNIA SOLUTIONS PLC

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Title: OFFER OF EMPLOYMENT
Date: 12/12/2005
Industry: Software and Programming     Sector: Technology

OFFER OF EMPLOYMENT, Parties: insignia solutions plc
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Exhibit 10.01

[INSIGNIA LETTERHEAD]

 

 

 

Mr. John Davis

 

November 21, 2005

Dear John:

It is always an exciting part of my job to see Insignia Solutions plc. (Insignia) grow as we add quality people to our team. Towards that end, I am pleased to extend this offer of employment to you. I wanted to write to tell you how delighted we are that you may be joining us and to briefly summarize some of the terms of our offer.

We hope that you will join us as Vice President of Finance and CFO beginning December 8, 2005. Your starting salary will be $16,666.67 per month paid semi-monthly (subject to standard tax and other withholdings/deductions). Additionally, you may be eligible for bonuses totaling $10,000 per quarter. Bonus goals will be determined between you and me with approval by the compensation committee of our Board of Directors.

If you need more time to transition out of your current position, I am open to discuss a part time arrangement through the end of the year. Please let me know you


 
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