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Exhibit 10.23    
    

OPTIUM CORPORATION  

EXECUTIVE OFFICER

FISCAL YEAR BONUS PLAN  

Approved December 12, 2006

Amended March 3, 2007

Amended and Restated October 22, 2007 

I.
THE PLAN 

        The
eligible participants (each, a "Participant") in the Optium Corporation (the "Company") Fiscal Year Executive Officer Bonus Plan (the "Plan") shall be Chief Executive Officer Eitan
Gertel, Senior Vice President of Engineering and General Manager Mark Colyar, Chief Financial Officer David Renner, Vice President and General Manager Optium Australia Simon Poole, Vice President of
Sales and Marketing Anthony Musto and General Counsel and Vice President of Corporate Development Christopher Brown. The Plan will be effective beginning fiscal year 2008. The Compensation Committee
may add any Company employee at the Vice President level and above to the Plan as a Participant at any time. 

II.
EXECUTIVE OFFICER ANNUAL BONUS 

        Each
Participant will be eligible to receive a bonus for an applicable fiscal year based on the Participant and the Company meeting annual performance targets. The maximum amount of a
Participant's bonus under this Section II of the Plan will be determined based on the Company's achievement of targets (the "Targets") adopted by the Compensation Committee for Company revenue
and
non-GAAP operating profit (the "Metrics") for the fiscal year. The maximum bonus amount that each Participant will be eligible for under this Section II of the Plan during an
applicable fiscal year shall be as follows (the "Maximum Annual Bonus Amount"): 

	Target Achievement
 
	 	Maximum Annual Bonus Amount

	90% of Targets	 	0% of annual salary rate at time
	110% of Targets	 	40% of annual salary rate at time
	125% of Targets	 	100% of annual salary rate at time

Key
aspects of the operation of this Section II are: 

	•
	For
Company performance between 90% and 110% of Targets, the Maximum Annual Bonus Amount is determined by linear interpolation within the range of 0% to 40% of annual salary
rate, and for Company performance between 110% and 125% of Targets, and the Maximum Annual Bonus Amount is determined by linear interpolation within the range of 40% to 100%;

	•
	Payment
to each Participant of an amount equal to 40% of the Maximum Annual Bonus Amount shall be non-discretionary unless otherwise provided in this Plan.
Payment of the remaining 60% of the Maximum Annual Bonus Amount payable to any Participant shall be 100% discretionary and the amount, if any, of such payment shall based on the individual performance
of such Participant during the fiscal year as determined by the Compensation Committee. Notwithstanding the foregoing, 100% of the Maximum Annual Bonus Amount for a fiscal year for each Participant
shall be discretionary in the event that: (i) Company performance is less than 100% of Targets or (ii) the Company performs at less that 100% of any publicly-announced forecast for one
or more of the Metrics or any other publicly-announced financial metric forecast in any quarter of the applicable fiscal year, or would have so performed if executive bonuses equal to 25% of the then
indicated Maximum Annual Bonus Amount were paid to the Participants in such quarter; 

 

	•
	Bonuses
under this Section II will be payable semi-annually, but tracked on an annual basis. For example, if Company performance equals 110% of Targets
for the first and second fiscal quarters, a Participant shall be eligible to receive a maximum semi-annual bonus of 20% of annual salary rate (1/2 of the 40% Maximum Annual
Bonus Amount for meeting the 110% Metrics targets), but if thereafter only Company performance ultimately equals 100% of Targets for the full fiscal year, the Participant's maximum
semi-annual bonus payment for the second half of the fiscal year will be $0.00 so that, on an annual basis, the Participant will have been eligible to receive maximum total bonuses for the
fiscal year equal to the Maximum Annual Bonus Amount, which in this example would be 20% of annual salary rate; provided, that in no event shall a Participant be required to re-pay any
previously paid bonus amount even if the semi-annual bonus payment made under this Section II for the first half of the fiscal year exceeds the indicated Maximum Annual Bonus
Amount;

	•
	Payment
of a semi-annual bonus amount for the first half of the fiscal year at less than the maximum permissible amount (i.e., one-half of Maximum
Annual Bonus Amount as indicated by performance to date) shall not limit the Compensation Committee from making total bonus payments under this Section II to a Participant in any fiscal year of
up to 100% of the Maximum Annual Bonus Amount determined above; and

	•
	In
each case, achievement of the Target for each of the Metrics shall be weighed equally for each bonus measurement period (e.g., if 110% of revenue Target is met and 100%
of operating profit Target is met, Company performance would be determined to be 105% of Targets and the Maximum Annual Bonus Amount for the period would be 30% of annual salary rate at the time). 

III.
CHIEF EXECUTIVE OFFICER ADDITIONAL BONUS 

        In
addition to the semi-annual bonus amounts that the Company's Chief Executive Officer is eligible to receive under Section II above, the Chief Executive Officer will
be eligible to receive an additional annual bonus of up to $350,000. A pro rata portion of any such additional bonus amount shall be paid semi-annually. Payment of this additional bonus
amount shall be 100% discretionary with the final award determined the Compensation Committee. In determining the size, if any, of this additional bonus amount, the Compensation Committee will
consider the Company's achievement in strategic development, investor relations, human resources and corporate citizenship, as well as the Company's stock trading price performance, in each case
during the applicable fiscal year. 

IV.
VICE PRESIDENT OF SALES AND MARKETING ADDITIONAL BONUS 

        In
addition to the semi-annual bonus amounts that the Company's Vice President of Sales and Marketing is eligible to receive under Section II above, the Vice President
of Sales and Marketing will be eligible to receive an additional quarterly bonus of up to $10,000 per fiscal quarter. Any such bonus amount shall be paid semi-annually with respect to the
two most recently completed fiscal quarters. Payment of this additional bonus amount shall be 100% discretionary with the final award determined the Compensation Committee. In determining the size, if
any, of each additional quarterly bonus amount, the Compensation Committee will consider the Company's achievement in product order development during the applicable fiscal quarter. 

V.
ADDITIONAL ELIGIBILITY REQUIREMENTS 

        Additional
eligibility requirements to receive any bonus payments under the Plan include: 

	•
	Any
bonus amount payable under the Plan shall be pro-rated with respect to any Participant for the portion of the bonus measuring period that the Participant has
been employed by the Company or has been included as a Participant in the Plan by the Committee, whichever is less; and 

2

 

	•
	To
be eligible to receive a bonus payment under the Plan, a Participant must be employed by the Company on the date the date the applicable bonus is actually paid. 

VI.
METHOD OF PAYMENT 

        All
or any portion of the amounts that the Compensation Committee determines to pay under the Plan may be paid in cash and/or in the form of equity compensation. Any amounts paid as
equity compensation may be paid in the form of unrestricted stock, restricted stock, deferred stock units and/or similar equity grants. The Compensation Committee may determine to require further
time-and/or performance-based vesting of any equity compensation award under the Plan. The determination of the value of any equity compensation awarded under the Plan for purposes of
translation of any dollar amounts set forth in the Plan shall disregard any future vesting provisions that could otherwise affect the present value of an equity compensation award. 

VII.
AMENDMENT; OTHER PLANS AND INTERPRETATION 

        The
Plan may be amended or modified by the Compensation Committee at any time. Interpretation of the Plan by the Compensation Committee shall be final. In addition, the Compensation
Committee shall not be limited in creating additional bonus plans applicable to one or more Participants under this Plan or in paying other bonuses to one or more Participants. 

3

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Exhibit 10.36    
    

OPTIUM CORPORATION  

Notice of Grant of Stock Option  

        Eitan Gertel (the
"Grantee") has been granted an option (the
"Option") to purchase certain shares of Optium Corporation (the
"Company") common stock (the "Stock") pursuant
to the Optium Corporation Stock Incentive Plan, as amended (the "Plan"), as follows: 

	

Grant Date:	
 	

March 14, 2006
	

Number of Option Shares:	
 	

500,000 shares of Stock
	

Exercise Price (per share):	
 	

$0.48
	

Expiration Date:	
 	

10 years from Grant Date
	

Tax Status of Option:	
 	

Non-Qualified Stock Option

Vested Shares:    Except as provided in Stock Option Agreement, and provided that the Grantee's Service Relationship has not terminated prior
to any applicable date set forth below, the number of Vested Shares as of each date set forth below shall be: 

	Vesting Date
 
	 	Vested Shares
	 
	Upon grant	 	6.249	%
	
Plus:	
 	

 	
 
	

The first day of each month

thereafter until December 1, 2009	
 	

2.083	
%

Additional Vesting Provisions:  

	1.
	100%
of any unvested Stock shall vest if either of the following occur within one year following a Change in Control (as defined in the Plan): (i) termination of the Grantee by
the Company (or its successor) Without Cause (as defined in the Plan) or (ii) if the Grantee resigns because of Constructive Discharge (as defined in the Plan). 

        By
their signatures below, the Company and the Grantee agree that the Option is governed by this Notice and by the provisions of the Plan and the Option Agreement, both of which are
attached to and made a part of this document. The Grantee acknowledges receipt of a copy of the Plan and the Stock Option Agreement, represents that the Grantee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and conditions. This Notice may be executed in
two or more counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same document. 

OPTIUM CORPORATION

	By:	/s/  EITAN GERTEL      
	 	By:	/s/  EITAN GERTEL      

	 	Name:	 	Eitan Gertel	 	 	Eitan Gertel
	 	Title:	 	President/CEO	 	 	 	 
	

 	

Address:	
 	

500 Horizon Drive,	
 	

 	

Address:	

 
	 	 	 	Suite 505

Chalfont, PA 18914	 	 	 	 

ATTACHMENTS:    Optium
Corporation Stock Incentive Plan, as amended through the Grant Date, and the Stock Option Agreement. 

OPTIUM CORPORATION  

Notice of Grant of Stock Option  

        Eitan Gertel (the
"Grantee") has been granted an option (the
"Option") to purchase certain shares of Optium Corporation (the
"Company") common stock (the "Stock") pursuant
to the Optium Corporation Stock Incentive Plan, as amended (the "Plan"), as follows: 

	

Grant Date:	
 	

February 14, 2006
	

Number of Option Shares:	
 	

444,444 shares of Stock
	

Exercise Price (per share):	
 	

$0.45
	

Expiration Date:	
 	

10 years from Grant Date
	

Tax Status of Option:	
 	

Incentive Stock Option

 Vested Shares:    Except as provided in Stock Option Agreement, and provided that the Grantee's Service Relationship has not
terminated prior to any applicable date set forth below, the number of Vested Shares as of each date set forth below shall be: 

	Vesting Date
 
	 	Vested Shares
	 
	Upon grant	 	4.166	%
	
Plus:	
 	

 	
 
	

On the first day of each month

thereafter until December 1, 2009	
 	

2.083	
%

Additional Vesting Provisions:  

	1.
	100%
of any unvested Stock shall vest if either of the following occur within one year following a Change in Control (as defined in the Plan): (i) termination of the Grantee by
the Company (or its successor) Without Cause (as defined in the Plan) or (ii) if the Grantee resigns because of Constructive Discharge (as defined in the Plan). 

        By
their signatures below, the Company and the Grantee agree that the Option is governed by this Notice and by the provisions of the Plan and the Option Agreement, both of which are
attached to and made a part of this document. The Grantee acknowledges receipt of a copy of the Plan and the Stock Option Agreement, represents that the Grantee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and conditions. This Notice may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same document. 

OPTIUM CORPORATION

	By:	/s/  EITAN GERTEL      
	 	By:	/s/  EITAN GERTEL      

	 	Name:	 	Eitan Gertel	 	 	Eitan Gertel
	 	Title:	 	President/CEO	 	 	 	 
	

 	

Address:	
 	

500 Horizon Drive,	
 	

 	

Address:	

 
	 	 	 	Suite 505

Chalfont, PA 18914	 	 	 	 

ATTACHMENTS:    Optium
Corporation Stock Incentive Plan, as amended through the Grant Date, and the Stock Option Agreement. 

OPTIUM CORPORATION  

Notice of Grant of Stock Option  

        Eitan Gertel (the
"Grantee") has been granted an option (the
"Option") to purchase certain shares of Optium Corporation (the
"Company") common stock (the "Stock") pursuant
to the Optium Corporation Stock Incentive Plan, as amended (the "Plan"), as follows: 

	

Grant Date:	
 	

February 14, 2006
	

Number of Option Shares:	
 	

1,055,556 shares of Stock
	

Exercise Price (per share):	
 	

$0.45
	

Expiration Date:	
 	

10 years from Grant Date
	

Tax Status of Option:	
 	

Non-Qualified Stock Option

 Vested Shares:    Except as provided in Stock Option Agreement, and provided that the Grantee's Service Relationship has not
terminated prior to any applicable date set forth below, the number of Vested Shares as of each date set forth below shall be: 

	Vesting Date
 
	 	Vested Shares
	 
	Upon grant	 	4.166	%
	
Plus:	
 	

 	
 
	

On the first day of each month

thereafter until December 1, 2009	
 	

2.083	
%

Additional Vesting Provisions:  

	1.
	100%
of any unvested Stock shall vest if either of the following occur within one year following a Change in Control (as defined in the Plan): (i) termination of the Grantee by
the Company (or its successor) Without Cause (as defined in the Plan) or (ii) if the Grantee resigns because of Constructive Discharge (as defined in the Plan). 

        By
their signatures below, the Company and the Grantee agree that the Option is governed by this Notice and by the provisions of the Plan and the Option Agreement, both of which are
attached to and made a part of this document. The Grantee acknowledges receipt of a copy of the Plan and the Stock Option Agreement, represents that the Grantee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and conditions. This Notice may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same document. 

OPTIUM CORPORATION

	By:	/s/  EITAN GERTEL      
	 	By:	/s/  EITAN GERTEL      

	 	Name:	 	Eitan Gertel	 	 	Eitan Gertel
	 	Title:	 	President/CEO	 	 	 	 
	

 	

Address:	
 	

500 Horizon Drive,	
 	

 	

Address:	

 
	 	 	 	Suite 505

Chalfont, PA 18914	 	 	 	 

ATTACHMENTS:    Optium
Corporation Stock Incentive Plan, as amended through the Grant Date, and the Stock Option Agreement. 

OPTIUM CORPORATION  

Notice of Grant of Stock Option  

        Eitan Gertel (the
"Grantee") has been granted an option (the
"Option") to purchase certain shares of Optium Corporation (the
"Company") non-voting common stock (the
"Stock") pursuant to the Optium, Inc. Stock Incentive Plan (the
"Plan"), as follows: 

	

Grant Date:	
 	

June 23, 2005
	

Number of Option Shares:	
 	
1,250,000
	

Exercise Price (per share):	
 	

$0.08
	

Expiration Date:	
 	

May 1, 2015
	

Tax Status of Option:	
 	

Incentive Stock Option

 Vested Shares:    Except as provided in Stock Option Agreement, and provided that the Grantee's Service Relationship has not
terminated prior to any applicable date set forth below, the Shares will vest 25% on May 1, 2006 and 2.08% monthly thereafter with the final
vesting occurring on May 1, 2009. Fractional shares are not exercisable until fractional shares equal a whole share. Upon Change of Control of the Corporation 100% accelerated vesting will
occur. 

        By
their signatures below, the Company and the Grantee agree that the Option is governed by this Notice and by the provisions of the Plan and the Option Agreement, both of which are
attached to and made a part of this document. The Grantee acknowledges receipt of a copy of the Plan and the Option Agreement, represents that the Grantee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and conditions. This Notice may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same document. 

OPTIUM, INC.

	By:	/s/  EITAN GERTEL      
	 	By:	/s/  EITAN GERTEL      

	 	Name:	 	Eitan Gertel	 	 	Eitan Gertel
	 	Title:	 	President	 	 	 	 
	

 	

Address:	
 	

500 Horizon Drive,	
 	

 	

Address:	

 
	 	 	 	Suite # 505

Chalfont, PA 18914	 	 	 	 

ATTACHMENTS:    Optium
Corporation Stock Incentive Plan, as amended through the Grant Date, and the Option Agreement. 

OPTIUM CORPORATION  

Amendment to Grant of Stock Option  

        [Eitan Gertel] (the "Grantee") was granted an
option (the "Option") to purchase certain shares of Optium Corporation (the
"Company") common stock (the "Stock") pursuant
to the Optium Corporation 2000 Stock Incentive Plan, as amended (the "Plan"), as follows: 

	

Grant Date:	
 	

June 23, 2005
	

Number of Option Shares:	
 	

1,250,000 shares of Stock
	

Original Exercise Price (per share):	
 	

$0.08

        The
Grantee acknowledges that the Company has informed the Grantee that the Original Exercise Price set forth above may be below the fair market value of the Stock on the Grant Date and
that, as a result, pursuant to Section 409A of the Internal Revenue Code of 1986 ("Section 409A"), the
Grantee may be subject to income taxes, including tax penalties, with respect to the Option in an amount greater and at a time earlier than anticipated at the time of the Option grant. 

        In
an attempt to mitigate the risk of the possible additional tax liability under Section 409A, the Grantee hereby acknowledges and agrees, for no additional consideration, to
amend the terms of the Option by increasing the per share exercise price of the Option as follows, to the amount set forth below, which is an amount that the Company believes is the per share fair
value of the Stock on the Grant Date: 

	

Amended Exercise Price (per share):	
 	

$0.09

        The
Grantee understands that this Amendment is intended only to attempt to minimize the possible tax liability under Section 409A, but does not guarantee any reduction in
additional tax liability under Section 409(A) in connection with the Option, and that exercise of the Option and sale of any shares issued upon exercise will still be subject to income taxation
under other sections of the Internal Revenue Code. The Grantee has been advised by the Company that the Grantee should consult his or her tax advisor prior to executing this Amendment and has had the
opportunity to do so. The Grantee agrees that he or she is not relying on the Company for tax advice with respect to the Option or this Amendment. 

        By
their signatures below, the Company and the Grantee agree that the Option is governed by the original Notice of Grant, as amended by this Amendment, and by the provisions of the Plan
and the Option Agreement (each as defined in the original Notice of Grant). The Grantee represents that the Grantee has read carefully and fully understands this Amendment, and hereby accepts all of
its terms and conditions. 

	Company:	 	 	 	Grantee:	 
	
OPTIUM CORPORATION	

 
	

By:	

/s/  ILLEGIBLE      
	
 	

By:	

/s/  EITAN GERTEL      
	 	 	 	 	 	 	

	 	Name:	 	 	 	 	 
	 	Title:	 	 	 	 	 	 
	

 	

Address:	
 	

500 Horizon Drive,	
 	

 	

Address:	

 
	 	 	 	Suite 505

Chalfont, PA 18914	 	 	 	 

OPTIUM CORPORATION  

Notice of Grant of Stock Option  

        Eitan Gertel (the
"Grantee") has been granted an option (the
"Option") to purchase certain shares of Optium Corporation (the
"Company") non-voting common stock (the
"Stock") pursuant to the Optium Corporation Stock Incentive Plan (the
"Plan"), as follows: 

	

Grant Date:	
 	

May 1, 2003
	

Number of Option Shares:	
 	

2,147,500 shares of Stock
	

Exercise Price (per share):	
 	

$0.04
	

Expiration Date:	
 	

May 1, 2013
	

Tax Status of Option:	
 	

Incentive Stock Option

Vested Shares:    Except as provided in Stock Option Agreement, and provided that the Grantee's Service Relationship has not terminated prior
to any applicable date set forth below, the number of Vested Shares as of each date set forth below shall be: 

	Vesting Date
 
	 	Vested Shares

	May 1, 2003	 	1,029,004
	
Plus:	
 	

 
	

June 1, 2003 and each full month

thereafter until May 1, 2005	
 	

44,739
	

June 1, 2005	
 	

44,760

Additional Vesting Provisions:  

	1.
	100%
of any unvested Stock shall vest if either of the following occur within one year following a Change in Control (as defined in the Plan): (i) termination of the Grantee by
the Company (or its successor) Without Cause (as defined in the Plan) or (ii) if the Grantee resigns with Good Reason (as defined in the Plan).

	2.
	This
Option shall be a reverse vesting option (i.e., the Grantee may exercise the entire grant at anytime and the exercise of any unvested portion shall result in the issuance of
unvested restricted stock subject to vesting and repurchase by the Company, pursuant to an agreement with terms determined by the Company in its sole discretion to reflect the vesting provisions of
this Option). 

        By
their signatures below, the Company and the Grantee agree that the Option is governed by this Notice and by the provisions of the Plan and the Option Agreement, both of which are
attached to and made a part of this document. The Grantee acknowledges receipt of a copy of the Plan and the Option Agreement, represents that the Grantee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and conditions. This Notice may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same document. 

OPTIUM CORPORATION

	By:	/s/  PAUL SUCHOSKI      
	 	By:	/s/  EITAN GERTEL      

	 	Name:	 	Paul Suchoski	 	 	Eitan Gertel
	 	Title:	 	CEO	 	 	 	 
	

 	

Address:	
 	

2721 Discovery Drive	
 	

 	

Address:	

 
	 	 	 	Suite #500

Orlando, FL 32826	 	 	 	 

ATTACHMENTS:    Optium
Corporation Stock Incentive Plan, as amended through the Grant Date, and the Option Agreement 

OPTIUM CORPORATION  

Notice of Grant of Stock Option  

        Eitan Gertel (the
"Grantee") has been granted an option (the
"Option") to purchase certain shares of Optium Corporation (the
"Company") non-voting common stock (the
"Stock") pursuant to the Optium, Inc. Stock Incentive Plan (the
"Plan"), as follows: 

	

Grant Date:	
 	

May 1, 2003
	

Number of Option Shares:	
 	

1,000,000 shares of Stock
	

Exercise Price (per share):	
 	

$0.04
	

Expiration Date:	
 	

May 1, 2013
	

Tax Status of Option:	
 	

Incentive Stock Option

Vested Shares:    Except as provided in Stock Option Agreement, and provided that the Grantee's Service Relationship has not terminated prior
to any applicable date set forth below, the number of Vested Shares as of each date set forth below shall be: 

	Vesting Date
 
	 	Vested Shares

	February 1, 2004	 	250,000
	
Plus:	
 	

 
	

March 1, 2004 and each full month

thereafter until January 1, 2007	
 	

20,833
	

February 1, 2007	
 	

20,845

        By
their signatures below, the Company and the Grantee agree that the Option is governed by this Notice and by the provisions of the Plan and the Option Agreement, both of which are
attached to and made a part of this document. The Grantee acknowledges receipt of a copy of the Plan and the Option Agreement, represents that the Grantee has read and is familiar with their
provisions, and hereby accepts the Option subject to all of their terms and conditions. This Notice may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which shall constitute one and the same document. 

OPTIUM, INC.

	By:	/s/  PAUL SUCHOSKI      
	 	By:	/s/  EITAN GERTEL      

	 	Name:	 	Paul Suchoski	 	 	Eitan Gertel
	 	Title:	 	CEO	 	 	 	 
	

 	

Address:	
 	

2721 Discovery Drive	
 	

 	

Address:	

 
	 	 	 	Suite ##500

Orlando, FL 32826	 	 	 	 

ATTACHMENTS:    Optium
Corporation Stock Incentive Plan, as amended through the Grant Date, and the Option Agreement 

Additional Agreement 

        All
Option grants dated on or prior to April 14, 2006 held by Grantee are subject to reverse vesting (i.e., the Grantee may exercise the entire grant at any time and the exercise
of the unvested portion shall result in the issuance of unvested restricted stock subject to vesting and repurchase by the Company pursuant to an agreement with terms determined by thc Company in its
sole discretion to reflect the vesting provisions of the applicable Option). 

QuickLinks

Exhibit 10.36

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