Exhibit 10.1

IA Global, Inc.

CEO Compensation Package

May 16, 2008

 

Mr. Schneideman Salary (Section 2.2) and Bonus (Section 2.4) to the Employment
Agreement Dated February 8, 2007

 

 

 

Schedule A

 

 

 

 

 

 

 

 

 

Base salary

 

$   250,000

 

 

 

 

 

 

 

 

 

Salary Increase

 

37,500

(Stock Award)

 

 

 

 

 

 

 

 

Incentive Compensation (Not Guaranteed)-

 

 

 

 

 

 

 

 

 

 

Target

Date

Bonus

 

 

 

 

 

 

 

 

 

Close capital raise from April 1st, 2008

 

 

 

 

$2,000,000

7/31/2008

30,000

(Stock Award)

 

 

$2,000,000

8/31/2008

30,000

(Stock Award)

 

 

$2,000,000

12/31/2008

30,000

(Stock Award)

 

 

Minority Sale in GHI >$5mil

12/31/2008

50,000

(Stock Award)

 

 

 

 

 

 

 

 

Achieve profitability (1)-

 

 

 

 

 

 

 

 

 

 

 

2% of Q1 Profit > $200,000

4/1/08-6/30/08

-

(Stock Award)

2%

 

2% of Q2 Profit > $200,000

7/1/08-9/30/08

-

(Stock Award)

2%

 

2% of Q3 Profit > $200,000

10/1/08-12/31/08

-

(Stock Award)

2%

 

2% of Q4 Profit > $200,000

1/1/09-3/31/09

-

(Stock Award)

2%

 

 

 

 

 

 

 

Share price improvement (3)

 

 

 

 

 

$.40 per share

7/31/2008

15,000

(Stock Award)

 

 

$.60 per share

8/31/2008

20,000

(Stock Award)

 

 

$.80 per share

9/30/2008

20,000

(Stock Award)

 

 

$1.00 per share

11/30/2008

20,000

(Stock Award)

 

 

$1.20 per share

12/31/2008

40,000

(Stock Award)

 

 

 

 

 

 

 

 

Total incentive

 

255,000

 

 

 

 

 

 

 

 

 

Total cash component

 

$   542,500

 

 

 

 

Stock options-

 

500,000 at the closing market value on May 9th, 2008 using the standard program,
which vests quarterly over three years.

 

(1) Incentive profitability is paid based on 2% of after tax net income as filed
with the SEC. There is no incentive if the business does not have more than
$200,000 profit.

 

(2) With terms agreeable to the board of directors.

 

(3) Close price for 5 days during the period.

 

Note: All targets are adjusted for recapitulations or stock splits. For example,

 

A reverse split of 10-1 is implemented.

 

Original Target

Revised Target

$.25 per share

$2.50 per share

 

--------------------------------------------------------------------------------

IA Global, Inc.

CEO Compensation Package

May 16, 2008

 

Mr. Schneideman Bonus (Section 2.4) to the Employment Agreement Dated February
8, 2007

 

Schedule B

Overachievement Incentive Compensation (Not Guaranteed)-

Cash and Stock Options

 

 

Cash

Stock

Target

Date

Bonus

Options

 

 

 

 

Share price improvement (1)

 

 

 

Above $1.25

Any

25,000

100,000

Above $1.50

Any

25,000

100,000

Above $1.75

Any

25,000

100,000

Above $2.00

Any

25,000

100,000

Above $2.25

Any

25,000

(2)

 

 

 

 

Total incentive

 

$125,000

 

 

 

(1) Close price for 5 days during the period.

 

(2) At $2.25 or above, the incentive is 100,000 stock options per $.50 increase
in share price.

 

Note: All targets are adjusted for recapitulations or stock splits. For example,

 

A reverse split of 10-1 is implemented.

 

Original Target

Revised Target

Original Target

Revised Target

$.25 per share

$2.50 per share

100,000

10,000

 

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