exv10w1



 












Exhibit 10.1






	 	 	 
	 	 	
	 
	January 18, 2006

	 	REVISED






Claire Long

[address intentionally omitted]




Dear Claire:



WebSideStory is pleased to offer you the position of chief financial officer, reporting to Jeff
Lunsford, President and CEO. Our offer includes the following terms and conditions:





	 	•	 	A start date to be agreed upon. We would like to have you start as soon as possible.
	 
	 	•	 	A bi-weekly salary in the amount of $7,307.69 ($190,000 on an annual basis.)
	 
	 	•	 	Eligibility for a $40,000 annual bonus (prorated for 2006 based on hire date),
contingent on the achievement of WebSideStory’s annual revenue, net income and bookings
targets.
	 
	 	•	 	Non-statutory stock options (NSOs) to purchase 70,000 shares of the company’s common
stock, vesting over 4 years with the first 25% not vesting until your first anniversary
with the Company. The exercise price of the options will be established by the Board of
Directors. These options will also be subject to the terms and conditions of the
Company’s 2004 Equity Incentive Plan and related agreements
	 
	 	•	 	A change-in-control agreement substantially in the form of exhibit A.




You are also eligible to participate in WebSideStory’s benefit plans including medical, dental,
life, and disability insurance. You will receive three weeks of accrued vacation each year.
Additionally, WebSideStory offers an on-site fitness center, tuition reimbursement, 401(k) plan,
credit union, and other attractive benefits. Further information about the Company’s benefits will
be provided to you on your first day.



Due to the enactment of the Immigration Reform and Control Act of 1986, this offer is contingent on
your ability to produce acceptable documentation verifying your eligibility to work in the United
States. You will be required to present the necessary documents on the day you begin work at
WebSideStory.



Additionally, a condition of this offer and of your employment with WebSideStory is the maintenance
of the confidentiality of WebSideStory’s proprietary and confidential information and compliance
with the Company’s policies and procedures as set forth in its Employee Handbook. Accordingly, you
will be required to execute the Company’s Employee Confidentiality and Inventions Agreement and the
Employee Handbook on your first day of employment.



If you wish to accept our offer of employment, please sign and return the enclosed copy of this
letter in the enclosed envelope to me (or, confidential fax: 858-546-0697.) Your signature below
will indicate your understanding that no other promises or representations have been made to you
and that you understand that you will be an at-will employee. Either party may end the
relationship at any time. This offer is not a contract of employment, and the terms of employment
are subject to change.




 









 







We are excited to have you join WebSideStory and know that it will be a mutually rewarding working
relationship.




Very truly yours,




/s/ Sheryl Roland

Sheryl Roland

Vice President, Human Resources




Acceptance




     I have read, understand, and accept the foregoing terms and conditions of my offer of
employment. I further understand that while my job duties, title, compensation and benefits may
change over time without a written modification of this agreement, the “at-will” term of my
employment (i.e., my right and WebSideStory’s right to terminate our employment relationship at any
time, with or without cause) is a term of employment which cannot be altered or modified except in
writing signed by me and the president/CEO of WebSideStory. I understand and agree that any
contrary representation or agreements, which may have been made to me, are superseded by this offer
and my acceptance of the same.



Approved and accepted:




	 	 	 	 	 
	/s/ Claire Long
	 	 	 	 
	 

Claire Long

	 	 
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