Blueprint





 







EXHIBIT 10.1


 





Via E-Mail

 



May 12, 2017

 



Mr. Peter A Kaouris


21525
27th avenue


Bayside,
NY 11360

 



Dear Peter:

 



We are pleased to offer you the position of Chief Accounting
Officer with Voltari Corporation (the “Company”) at a
semi-monthly salary of $6,770.84 (annualized at $162,500 for a full
365-day year). Your employment is expected to begin on or around
May 22, 2017 on a full-time basis. You will receive your first
semi-monthly paycheck on Thursday, June 15, 2017. All of your
compensation is subject to deductions as required by
law.

 



You will be eligible to participate in our Paid Time Off (PTO)
program which provides staff members with paid time away from work
for vacation, personal time, personal or family illness, personal
religious holidays, weather-related absences when the office has
not been closed, or other personal reasons. Eligibility for PTO
begins after 30 days of employment and is initially provided on an
accrual basis with each pay period at a rate of 5.67 hours per pay
period (17 days annualized). PTO accruals will increase as years of
service increase, and unused PTO balances may be carried over from
year to year or cashed out based on the maximum annual accrual
allowed. The Company reserves the right to add, change or terminate
benefits at any time including, but not limited to, the PTO program
set forth above.

 



As a condition of your initial and continued employment with the
Company, you agree that during and after your employment you shall
not disclose to any third party any confidential or proprietary
information of the Company, any of its affiliates or subsidiaries,
or any of their respective owners, members, directors, managers,
and employees. You further agree that during and after your
employment you will not disparage, verbally or in writing, anyone
in the Company or any of its affiliates or subsidiaries, including
any of their respective owners, members, directors, managers, or
employees, and their family members. You must sign and return the
attached confidentiality policy to reflect your agreement. Nothing
in this offer of employment prohibits you from reporting any
possible violations of federal law or regulation to any government
agency or entity, including but not limited to the Department of
Justice and the Securities and Exchange Commission, or making any
other disclosures that are protected under the whistleblower
provisions of federal law or regulation. You are not required to
notify the Company that you will make or have made such reports or
disclosures.

 



In addition, you must first clear the Company’s background
investigation and drug test, and sign and return the attached
confidentiality agreement. A Company representative will contact
you shortly regarding the background investigation and drug testing
processes.

 



At the appropriate time, you will be expected to execute certain
employment documents (such as confidentiality and insider trading
policies).

 



This letter does not constitute an employment agreement or
contract. You understand that your employment is “at
will” and can be terminated, with or without cause and with
or without notice, at any time. Nothing contained in this letter
shall limit or otherwise alter the foregoing. Your employment will
be subject to other policies, terms, and conditions that may be
established or modified by the Company from time to time. By
signing below, you acknowledge that no representations, oral or
written, express or implied, have been made by the Company as to
any minimum or specified term or length of employment or that you
may be terminated only for cause or only after the Company engages
in corrective action or counseling.

 



If you have any questions on this offer, please feel free to
contact me. We look forward to your joining our team! Please let us
know by May 12, 2017 if you plan to do so as set forth in this
letter.

 



Very truly yours,

 



/s/ Kenneth Goldmann

 



Chief Administrative and Accounting Officer


 



Acknowledged:






 /s/
Peter
Kaouris


 



5/12/2017



Date