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Exhibit 10.15
November 15, 1999
Robert (Dan) L. Daniels
27725 Torija
Mission Viejo, CA 92691
Dear Dan:
We are very pleased to confirm our offer to you of employment with
VillageFax.com, Inc. (the "Company") as Vice President of Operations. Your
effective date of hire will be December 1, 1999.
The terms of the offer are as follows:
1. Your base salary will be $90,000 per year payable as earned on a semi-
monthly basis. Your salary will be paid 50 percent in stock at $2.50 per
share and 50 percent in cash until the Company completes a round of capital
formation that exceeds 2 million dollars.
2. Your primary work place is the Companies corporate headquarters in Tustin.
3. The Company will reimburse you for business expenses consistent with our
business expense policies.
4. As an employee of the Company, your contribution to the business will be
additionally rewarded through stock options. The Company will grant
incentive stock options for 260,000 shares of Common Stock. The current
fair market value of the stock is $2.50. The stock will be vested over 5
years and governed by the companies Stock Option Plan. The granting of
these shares will require the approval of the board of directors.
5. You will receive three weeks paid vacation annually. Vacation time is
accrued per pay period.
6. You will be afforded the opportunity to enroll in the Companies medical
benefits plan.
7. Your performance will be subject to review semi-annually.
8. As an employee of the company, you will have access to certain Company
confidential information and you may, during the course of your employment,
develop certain inventions or obtain information, which will be the
property of the Company. To protect the interest of the Company, as a
condition of employment you will be required to execute the Company's Non-
Disclosure Agreement. We wish to impress upon you that we do not wish you
to bring with you any confidential or proprietary material of any former
employer or to violate any other obligations you may have to your former
employers.
9. This offer of employment is made to you in confidence, and therefore its
terms must not be disclosed to anyone outside your immediate family.
10. Your employment with the company is terminable at will, which means that
you will be free to terminate your employment with the Company at any time
for any or no reason, with our without
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notice. Similarly, the Company may terminate your employment at any time
for any or no reason, with our without notice. By accepting this offer of
employment, you will be agreeing that your employment is terminable at
will, and acknowledge that no one has the authority to promise you, either
orally or in writing, anything to the contrary.
As per your request, if during your tenure the control of the Company
changes through a merger or acquisition and if as a result, your employment
is terminated, the Company will provide you a severance package. The
package consists of six months of your base salary. The six salary payments
will be made during the first six consecutive months after your
termination.
11. The terms of this letter constitute the entire agreement between us
regarding your employment with the Company and shall supersede any other
agreements made prior to or on the date of this letter.
12. This offer, if not accepted, will expire on November 20, 1999.
The Company requires all new employees to provide information verifying their
authorization to work in the United States, which is a condition of employment.
As the Company evolves, there may be opportunities or changes in your
responsibilities, compensation, title and reporting relationships.
The Company is an equal opportunity employer and does not discriminate based on
age, color, disability, national origin, race, medical condition, marital
status, religion or sex.
We are pleased to extend this offer to you. Please sign and return this letter
to me at your earliest convenience. Dan, we look forward to you joining the
Company and we are most confident that your abilities will contribute to our
mutual success. If you have any questions, please feel free to contact me.
Sincerely,
Mason Conner
President and CEO
Acknowledged, Accepted and Agreed:
Robert L. Daniels: /s/ Robert L. Daniels Date: 17 Nov 99
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