**Exhibit 10.1**
**SEPARATION AGREEMENT**
      This separation agreement (“Agreement”) is entered into this 10th day ofApril, 2001 (the “Effective Date”), by and between Getty Images, Inc. of 701 N.34th Street, 4th Floor, Seattle, WA 98103 (“Getty”), and John Hallberg(“Hallberg”).
      In consideration of the mutual covenants set forth below, the partiesagree as follows:
      1. Separation of Employment. Hallberg resigns from his employment withGetty effective April 30, 2001 (the “Separation Date”). Hallberg will formallyannounce his resignation no sooner than April 30, 2001.
      2. Separation Package. Getty agrees to provide Hallberg with thefollowing benefits:
           (a) Separation Pay. Getty will pay Hallberg a lump sum equal totwelve (12) months salary as severance pay ($260,000.00) less all lawful orrequired deductions, within 7 days after the effective date of this Agreement.
           (b) Medical, Welfare, and Retirement Benefits. Getty will provideHallberg and his dependents with continued medical, welfare, and retirementbenefits through April 30 2001. Beginning in May 2001, Hallberg and/or hisdependents may elect a temporary continuation of group health insurance coverageat group rates (called “COBRA continuation coverage”). Getty will provideHallberg and his covered dependents with a separate notice summarizing theirCOBRA continuation coverage rights and obligations, as well as an election form.If Hallberg and/or his covered dependents wish to continue COBRA coverage,Hallberg must pay all applicable premiums for the duration of the COBRAeligibility period.
           (c) Stock Options. Getty agrees that the stock options granted toHallberg on October 26, 1998, August 3, 1999, October 22, 1999 and April 6,2000, totaling 75,000, (less any options exercised prior to March 22, 2001),shall be accelerated and deemed fully vested as of March 22, 2001. Hallberg mayexercise any vested options at any time between March 22, 2001 and the close ofbusiness on March 22, 2002.
           (d) Accrued Vacation. Getty agrees to pay Hallberg for seven (7)days of accrued but unused vacation, in the amount of Seven Thousand Dollars($7,000.00). Payment shall be made on or before May 31, 2001.
           (e) Tax Withholding. All payments made under this Agreement shall besubject to applicable federal income tax, social security and any other requiredwithholdings.
           (f) 401(k) Match. Getty agrees to continue the employer’snon-discretionary matching contribution to Hallberg’s 401(k) account throughApril 30, 2001 and confirm that all amounts are vested.
      3. D&O Coverage. Getty warrants that Hallberg has been, and willcontinue to be, protected under Getty’s D&O insurance policies, for acts oromissions committed while employed by Getty on or before April 30, 2001.
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      4. Releases. Hallberg accepts the Separation Package contained in thisAgreement in full satisfaction of all his rights and interests relating to hisemployment with and separation from Getty and in full satisfaction of all hisrights and interests arising under any pre-existing agreement between theparties including, without limitation, the Employment Agreement dated April 10,2000, between Hallberg and Getty and any and all option agreements betweenHallberg and Getty or between Hallberg and Getty Images. In considerationtherefore, Hallberg and his heirs, executors, successors and assigns, herebyreleases and forever discharges Getty and its respective subsidiaries,successors, past and present officers, directors, agents, and employees from anyand all claims, causes of action or liabilities, at law or in equity, judicialor administrative, debts, sums of money, accounts, judgments or demands,suspected or unsuspected and irrespective of any present lack of knowledge ofany possible claim or of any fact or circumstance pertaining thereto, which havearisen or may arise related to Hallberg’s employment, or separation fromemployment, with Getty on or before the date of this Agreement.
      This release specifically covers, but is not limited to, any disabilityclaims under state law; any claims of discrimination based on race, color,national origin, sex, marital status, or physical or mental disability under anyfederal, state, or local law, rule, or regulation; any contract or tort claimsarising under federal, state, or local law; any claims arising under federal,state or local law based on promises made or allegedly made by Getty toHallberg; any claims under any express or implied contract or legal restrictionson Getty’s right to terminate its employees; any claims of unfair dismissalpursuant to the laws of the United States, the United Kingdom or any otherforeign country. Hallberg hereby covenants not to assert any such claims orcauses of action.
      Getty and its respective subsidiaries, successors, past and presentofficers, directors, agents, and employees, hereby releases and foreverdischarges Hallberg and his heirs, executors, successors and assigns from anyand all claims, causes of action or liabilities, at law or in equity, judicialor administrative, debts, sums of money, accounts, judgments or demands,suspected or unsuspected and irrespective of any present lack of knowledge ofany possible claim or of any fact or circumstance pertaining thereto, which havearisen or may arise related to Hallberg’s employment, or separation fromemployment, with Getty on or before the date of this Agreement.
      5. Non-Disparagement. Hallberg and Getty agree for themselves and allothers acting on their behalf, either directly or indirectly, not to take,support, encourage, induce or voluntarily participate in any action or attemptedaction that would negatively comment on, disparage, or call into question thebusiness operations, policies, or conduct of the other, or any parent,subsidiaries, affiliates, officers or employees thereof, or to act in any waywith respect to such business operations, policies or conduct that would damagethe other’s reputation, business relationships, or present or future business,or the reputation of any past or present directors, executives, officers,agents, employees or parents, affiliates and subsidiaries of the other. Eachparty agrees that they will not comment about the other party to any person orentity, including but not limited to current or former employees, officers orcustomers, concerning such business operations, policies or conduct except asrequired or permitted by law or as necessary for that party to defend itself inany civil, criminal, administrative, judicial, arbitral, or administrativeproceeding. Each party further agrees that from this point forward it will notstate, comment or suggest to any persons any false reasons for Hallberg’sseparation from employment with Getty.
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Nothing in this paragraph shall prevent Hallberg from commenting about his workexperience at Getty in connection with any bona fide efforts at seekingemployment, but in such event, he will not disparage Getty in any way.
      6. Non-Solicitation. Hallberg agrees that he will not, during the twelve(12) months following the Separation Date, seek to procure the services of anyofficer or employee of Getty.
      7. Confidentiality. Hallberg and Getty agree to keep the terms of thisAgreement confidential, except for communications about it by Hallberg with hisimmediate family, attorney or accountants or other professional financialadvisors, or communications by Getty with its attorneys, financial advisors, orexecutive management personnel with a bona fide need to know. Hallberg and Gettyfurther agree to take all reasonable steps necessary to ensure thatconfidentiality is maintained by any of the individuals referenced above to whomdisclosure is authorized, and agree to accept responsibility for any breach ofconfidentiality by any individual to whom the terms of the Agreement aredisclosed. The parties agree that damages for breach of this Confidentialityprovision would be difficult to determine and therefore agree that thisprovision may be enforced by temporary or permanent injunction. The right tosuch injunctive relief shall be in addition to and not in place of any furtherremedies to which the non-breaching party may be entitled.
      8. Complete Agreement. This Agreement constitutes a full and finalresolution of all matters in any way related to Hallberg’s employment with, andseparation from, Getty. This Agreement supersedes any and all other agreementsbetween the parties including without limitation the Employment Agreement datedApril 10, 2000, between Hallberg and Getty. Except as provided in thisAgreement, there are no other wages, bonuses or benefits of any kind owed byGetty to Hallberg.
      9. No Admission. Nothing in this Agreement shall be construed as anyindication that Getty has acted wrongfully towards Hallberg or any other person.
      10. Voluntary Execution. Hallberg represents that he has read,considered, and fully understands this Agreement and all its terms, and executesit freely and voluntarily. Hallberg represents that in entering into thisAgreement, he does not rely and has not relied upon any representation orstatement made by Getty or any of their respective employees or agentsconcerning this Agreement.
      Hallberg has a period of twenty-one (21) days in which to consider thisAgreement, but may sign it in less than 21 days at his option.
      Hallberg shall have a period of seven (7) days following his signingthis Agreement in which to revoke it. This Agreement shall not become effectiveor enforceable until the revocation period has expired.
      11. Construction of Agreement; Governing Law, Venue. Each party has hada full and complete opportunity to review this Agreement, and has been given theopportunity to have counsel review it. Accordingly, the parties agree that thecommon law principles of construing ambiguities against the drafter shall haveno application to this Agreement. Interpretation of this Agreement shall beunder Washington law. Any action to determine the construction, validity orperformance of this Agreement will be settled by adjudication before theSuperior Courts of the
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State of Washington in King County or the Federal District Courts of the WesternDistrict of Washington (as permitted by law) and each party hereby consents tothe jurisdiction of such courts for all disputes, controversies and claims andwaives any venue or non conveniens argument.
      12. Amendment. The parties agree that no modification, change oramendment of this Agreement or any of its provisions shall be valid, unless inwriting and signed by the party against whom such claimed modification, changeor amendment is sought to be enforced
      13. Severability. If any provision of this Agreement, or portionthereof, shall be held invalid or unenforceable by a court of competentjurisdiction or in any arbitration proceeding, such invalidity orunenforceability shall attach only to such provision or portion thereof, andshall not in any way affect or render invalid or unenforceable any otherprovision of this Agreement or portion thereof, and this Agreement shall becarried out as if any such invalid or unenforceable provision or portion thereofwere not contained herein. In addition, any such invalid or unenforceableprovision shall be deemed, without further action on the part of the parties,modified, amended or limited to the extent necessary to render the same validand enforceable.
      14. Attorney’s fees. In the event any proceeding or lawsuit is broughtin connection with this Agreement, the prevailing party in such proceeding shallbe entitled to receive its costs, expert witness fees and reasonable attorneys’fees, including costs and fees on appeal.
      15. Counterparts. This Agreement may be executed via facsimile and incounterparts, each of which will be deemed an original and all of which togetherwill constitute one and the same document
      IN WITNESS WHEREOF, the parties have executed this Agreement effectiveas of the day and year first written above.    JOHN HALLBERG