Exhibit

10.41




 




 




September 23, 2002




 




Alex Kormushoff




137 North Clay Street




Hinsdale, IL  60521




 




Dear Alex:




 




BroadVision is pleased to obtain your acceptance of the position of

Senior Vice President, Worldwide Professional Services.   Pehong, Warren, Jim and I are especially

pleased to have you on the team.  The

following outlines the terms of our employment offer to you.  Please note that your employment at

BroadVision is contingent upon successful completion of a pre-employment

background screen.




 




As a SVP reporting directly to me, you will work from our facility in

Itasca.




 




Your starting salary will be $16,666 per month, paid on a semi-monthly basis, which would be an

annualized rate of $200,000 per year. You are also eligible to receive a bonus of 45% of your

base salary once the Company meets the sustained profitability threshold, and

you have met   individual performance

targets.  Your signing bonus will be

$25,000 to be paid out over the next four quarters.




 




In addition to the above, you will be

recommended to a grant of an

option to purchase 65,000 post split shares of BroadVision

common stock at a fair market value to be determined at the next meeting of the

option committee.  The options

vest over four years:  twenty-five percent (25%) of the shares

will vest after the first year of

employment and the balance over the remaining three years on a monthly basis

(2.083% of the original

grant amount per month).




 




You will be eligible for the standard BroadVision employee benefits

which include: medical, dental, vision, and prescription package, long-term

disability insurance, group life insurance, participation in our 401(k) Savings

Plan, participation in the Employee Stock Purchase Plan (ESPP), and two weeks

paid vacation your first year of employment (vacation is based on length of

service).




 




 




	

   


  	

   


  
	

  Candidate’s Initial


  





 































 




Alex Kormushoff




September 23, 2002




 




While BroadVision pays for the majority of your medical insurance,

should you choose to participate in the plan, your financial contribution will

be 10-20% of your monthly insurance premium, depending on your benefit

selection. Benefits start the first of the month after your date of hire.  You should also note that BroadVision may

modify salaries and benefits from time to time as it deems necessary.




 




As a BroadVision employee, you will be required to sign an

acknowledgment that you have read and understand the company rules as described

in the company handbook and intend to abide by these rules and

regulations.  You will be expected to

sign and comply with the attached Proprietary Information and Inventions

Agreement.  You will also be required to

submit an I-9 form and satisfactory documentation regarding your identification

and right to work in the United States no later than three (3) days after your

employment begins.




 




As an employee, you may terminate employment at any time for any reason

whatsoever with notice to BroadVision. 

We request that in the event of resignation, you give the company at

least two weeks notice.  Similarly,

BroadVision may terminate your employment at any time for any reason whatsoever

with or without cause or advance notice. 

This mutual termination of employment arrangement will supersede all

previous written and oral communication with you and can only be modified by

written agreement signed by all parties.




 




If you wish to accept employment at BroadVision under the terms set out

above, please sign and date this letter, and return it to Human Resources by

September 30.




 




I look forward to your favorable reply and to a productive and exciting

working relationship.




 




Sincerely,




 




 




Andrew Nash




Chief Operating Officer




 




 




	

   


  	

  /s/ Alex Kormushoff


  	

   


  	

   


  
	

   


  	

  Approved and Accepted


  	

   


  	

  Date


  	

   


  
	

   


  
	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  
	

   


  	

  Candidate’s Start Date


  	

   


  	

  Candidate Social Security Number