EX-10.6 2 dex106.htm EMPLOYMENT AGREEMENT BETWEEN THE REGISTRANT & CHRISTOPHER S. CARDELL, 11/24/98 Employment Agreement between the Registrant & Christopher S. Cardell, 11/24/98

Exhibit 10.6

 

 

November 24, 1998

 

To:

   Chris Cardell

From:

   Alan Meckler

Subject:

   Offer of Employment

 

The following is our offer of employment with internet.com LLC (“the Company”):

 

1.    Title: President and Chief Operating Officer

 

2.    Annual base salary: $175,000

 

3.    Annual salary increases: A minimum 4% increase

 

4.    Annual stock option grants: 5,000 share range

 

5.    In the event of your termination, you will be entitled to 12 months of severance to be paid in monthly installments. This severance will be conditional on your not divulging any information, including disparaging comments about the Company, its personnel, financial or other proprietary information.

 

6.    Vacation: Four weeks paid vacation

 

7.    Other benefits:

 

  401k participation
  major medical insurance coverage
  major dental insurance coverage
  disability insurance etc. commensurate with other Company personnel

 

8.    Immediate supervisor: Chairman and Chief Executive Officer

 

All terms of this agreement are effective upon the date of your signing.

 

Very truly yours,

 

 

 

/s/    ALAN M. MECKLER


Alan M. Meckler

Chairman and Chief Executive Officer

internet.com LLC

 

Agreed to by:

 

/s/    CHRISTOPHER S. CARDELL


Christopher S. Cardell

November 24, 1998