Document:

Employment agreement for Patrick J. Clawson

  

					
	EXHIBIT 10.1	  	EMPLOYMENT AGREEMENT AMENDMENT	  	 

  
 This Amendment
(“Amendment”) dated December 4, 2003, is entered into by and between CyberGuard Corporation (“CyberGuard”) and Patrick J. Clawson, an employee of CyberGuard (“Employee”). 
  
 WHEREAS, the Employee and CyberGuard are parties to an Employment Agreement dated
January 18, 2001 (“Agreement”); and 
  
 WHEREAS, the Employee and
CyberGuard desire to amend the Agreement in connection with the Employee’s appointment to the Chief Executive Officer position. 
  
 NOW THEREFORE, in consideration of mutual promises contained herein, and intending to be legally bound hereby, CyberGuard and the Employee agree to amend the
Agreement as follows: 
  

	 	1.	Effective as of January 3, 2004, Section 1 of the Agreement is hereby amended to delete the title “President” and replace it with “Chief Executive Officer”.

  

	 	2.	Effective as of January 3, 2004, Section 3 of the Agreement is hereby amended to provide that the Employee shall have responsibility for the day-to-day operations of CyberGuard,
subject to the authority and control of CyberGuard’s Board of Directors. 

  

	 	3.	Effective as of January 3, 2004, Section 4.a. of the Agreement is hereby amended to provide for base salary of $200,000 per year. 

  

	 	4.	Effective as of December 4, 2003, Section 7.b.ii. of the Agreement is hereby amended with respect to the Employee’s stock option agreement granted on December 4, 2003 to
purchase 100,000 shares of the Company’s Common Stock at $8.33 per share and any stock option agreement granted to the Employee by CyberGuard after the date hereof (each, an “Option”; collectively, the “Options”), as
follows: 

  
 In the event that the Employee’s
employment is terminated by the Company without Cause or by the Employee with Good Reason, then (1) the Options shall become immediately exercisable upon such termination of employment, and (2) the Employee shall have the right to exercise all such
Options for the shorter of (a) two (2) years following his termination of employment or (b) with respect to each Option, the remainder of the period of exercisability under the terms of the appropriate Option agreement. 
  

	 	5.	Nothing herein shall limit or restrict CyberGuard’s rights to terminate the Employee’s employment in accordance with the Agreement. 

  

	 	6.	This Amendment shall supersede any provisions of the Agreement to the extent that this Amendment conflicts with, modifies, or amends any provision of the Agreement. In all other
respects the Agreement shall remain in full force and effect. 

  
 IN WITNESS WHEREOF, the parties hereto have executed this Amendment to the Agreement as of the date above first written. 
  

									
	CYBERGUARD CORPORATION	 	 	 	EMPLOYEE
					
	 By:
	 	 	 	 	 	 	 	 
	 	 	
	 	 	 	 	 	

	 	 	David L. Manning, Audit Committee Chairman	 	 	 	 	 	Patrick J. ClawsonEmployment agreement for Michael Wittig

  

					
			
	EXHIBIT 10.2	  	EMPLOYMENT AGREEMENT AMENDMENT	  	 

  
 This Amendment dated December 4,
2003, is entered into by and between CyberGuard Corporation (“CyberGuard”) and Michael G. Wittig, an employee of CyberGuard (“Employee”). 
  
 WHEREAS, the Employee and CyberGuard are parties to an Employment Agreement dated September 30, 1998 (“Agreement”); and 
  
 WHEREAS, the Employee and CyberGuard desire to amend the Agreement in connection with
the Employee’s appointment to the President position. 
  
 NOW
THEREFORE, in consideration of mutual promises contained herein, and intending to be legally bound hereby, CyberGuard and the Employee agree to amend the Agreement as follows: 
  

	 	7.	Effective as of January 3, 2004, Section 1 of the Agreement is hereby amended to delete the title “Vice President Development” and replace it with “President”.

  

	 	8.	Effective as of January 3, 2004, Section 3 of the Agreement is hereby amended to delete the reference to “President and Chief Operating Officer” and replace it with
“Chief Executive Officer”. 

  

	 	9.	Section 4.a. is hereby amended to state that the Employee’s salary is $165,000 per year. 

  

	 	10.	Effective as of December 4, 2003, Section 7.b.(ii) of the Agreement is hereby amended with respect to the Employee’s stock option agreement granted on December 4, 2003 to
purchase 40,000 shares of the Company’s Common Stock at $8.33 per share and any stock option agreement granted to the Employee by CyberGuard after the date hereof (each, an “Option”; collectively, the “Options”), as follows:

  
 In the event that the Employee’s
employment is terminated by the Company without Cause or by the Employee with Good Reason, then the Options shall become immediately exercisable upon such termination of employment. 
  

	 	11.	Nothing herein shall limit or restrict CyberGuard’s rights to terminate the Employee’s employment in accordance with the Agreement. 

  

	 	12.	This Amendment shall supersede any provisions of the Agreement to the extent that this Amendment conflicts with, modifies, or amends any provision of the Agreement. In all other
respects the Agreement shall remain in full force and effect. 

  
 IN WITNESS WHEREOF, the parties hereto have executed this Amendment to the Agreement as of the date above first written. 
  

									
	CYBERGUARD CORPORATION	 	 	 	EMPLOYEE
					
	 By:
	 	 	 	 	 	 	 	 
	 	 	
	 	 	 	 	 	

	 	 	 David L. Manning
 Audit Committee Chairman
	 	 	 	 	 	Michael G. WittigAgreement between eUniverse, Inc. and Series C preferred stockholders

 Exhibit 10.11 
  
 AGREEMENT 
  
 THIS AGREEMENT (this “Agreement”) is made by and among eUniverse, Inc., a Delaware corporation (the “Company”), and the holders (the
“Stockholders”) of the Company’s Series C Convertible Preferred Stock (the “Series C”) listed on the signature pages hereto. 
  
 RECITALS 
  
 WHEREAS, the Stockholders own certain shares of the Series C, purchased pursuant to the terms of that certain Series C Preferred Stock Purchase
Agreement, dated as of October 31, 2003 (the “Purchase Agreement”). 
  
 WHEREAS, the listing of the Company’s common stock on the Nasdaq SmallCap Market would significantly benefit all of the Company’s stockholders, including the Stockholders, by enhancing the value and
liquidity of their shares and the parties therefore desire to enter into this Agreement. 
  
 NOW, THEREFORE, in consideration of the conditions and promises herein contained and for other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties hereto
hereby agree as follows: 
  
 1. Antidilution Protection.
Pursuant to the provisions of the Company’s Series C Certificate of Designations (the “Series C Certificate”), the conversion price of the Series C may be adjusted upon an issuance by the Company of certain equity securities with a
price per share less than the Conversion Price (as defined in the Series C Certificate) of the Series C. The parties acknowledge and agree that such a Conversion Price adjustment could result in the Series C issued to the Stockholders pursuant to
the Purchase Agreement becoming convertible into an amount of the Company’s common stock that would exceed twenty percent of the Company’s common stock (or voting power) less one share (the “Nasdaq Limit”) outstanding prior to
the issuance of such Series C. The parties further acknowledge that they desire that such Series C not become convertible into an amount of common stock greater than the Nasdaq Limit, unless and until the Company’s stockholders have approved
such an issuance or unless such issuance would not be a violation of the Nasdaq rules. Therefore, the parties hereby agree that, notwithstanding anything to the contrary contained in the Series C Certificate, the Conversion Price of the Series C
shall not be adjusted below that price which would result in the Series C shares issued pursuant to the Purchase Agreement becoming convertible into a number of shares of the Company’s common stock greater than the Nasdaq Limit, unless the
aforementioned stockholder approvals have been obtained prior thereto or unless otherwise allowed by the Nasdaq Rules. If, at the time Series C shares are converted into common stock by one of the Stockholders, the number of shares of common stock
issuable upon such conversion would have been greater, but for the operation of this paragraph 1, then the Company shall pay to such converting Stockholder cash in an amount equal to the Fair Market Value of the shares of common stock that such
Stockholder would have otherwise received. For purposes hereof “Fair Market Value” shall be defined as the average daily Market Price of the Company’s common stock over a period of twenty (20) consecutive trading days prior to the day
as of which Fair Market Value is being determined. The “Market Price” for each such trading day shall be the average closing price on all domestic exchanges on which the common stock is then listed or the last sale price on the Nasdaq
National or SmallCap Market or if the stock is not so listed the average of the high and low bid and asked prices on such day in the domestic over the counter market or as reported on the Nasdaq bulletin board. 
  
 2. Voting Of Series C Shares. Pursuant to the Series C Certificate,
holders of the Series C are entitled to vote their shares of Series C on an “as converted” basis. The parties acknowledge and agree that this could result in each share of Series C having more than one vote. The parties further acknowledge
that they desire that the Series C only be entitled to one vote per share. Therefore, each of the Stockholders on behalf of itself and its affiliates hereby agrees that, to the extent that any adjustment in the conversion price of the Series C stock
results in any share of Series C being entitled to more than one vote, such Stockholder or affiliate thereof shall not cast any votes in excess of the number of Series C shares held by such Stockholder. 
  

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 3. Representations and Warranties. The Company hereby represents and warrants to the Stockholders
as follows: (a) the Company is not in breach of any of its agreements with the Stockholders or their affiliates; (b) the Company has all necessary approvals and consents necessary to execute and perform this Agreement; and (c) the Company has
advised the Stockholders of all material matters associated with the Company obtaining the consent of NASDAQ to the relisting of its common stock. 
  
 4. Waivers and Amendments. Upon the approval of the Company and the written consent of the Stockholders the obligations of the Company and the
rights of the Stockholders under this Agreement may be waived (either generally or in a particular instance, either retroactively or prospectively and either for a specified period of time or indefinitely) or amended. Neither this Agreement, nor any
provision hereof, may be changed, waived, discharged or terminated orally or by course of dealing, but only by a statement in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought, except to
the extent provided in this Section 5. 
  
 5. Notices. All
notices, requests, consents and other communications required or permitted hereunder shall be in writing and shall be hand delivered or mailed postage prepaid by registered or certified mail or transmitted by facsimile transmission (with immediate
telephonic confirmation thereafter), 
  
 (a) If to any
Stockholder: 
  
 VantagePoint Venture Partners

 1001 Bayhill Drive, Suite 300 
 San Bruno, CA 94066 
 Attention: General Counsel 
 Facsimile No.: (650) 869-6344 
  
 with a copy to: 
  
 Orrick, Herrington & Sutcliffe LLP 
 400 Sansome Street 
 San Francisco, CA 94111 
 Attention: Dora Mao, Esq. 
 Facsimile No.: (415) 773-5759 
  
 or (b) If to the Company: 
  
 eUniverse,
Inc. 
 6060 Center Drive, Suite 300 
 Los Angeles, CA 90045 
 Facsimile No.: 310-215-2757 
 Attn: President 
  
 with a copy to: 
  
 Fulbright & Jaworski L.L.P. 
 865 South Figueroa St. 
 Los Angeles, CA 90017 
 Attention: J. Keith Biancamano, Esq. 
 Facsimile No.: (213) 680-4518 
  
 or at such other address as the Company or the Stockholders may specify by written notice to the others, and each such notice, request, consent and other communication shall for all purposes of the Agreement be treated as being effective or
having been given when delivered if delivered personally, upon receipt of facsimile confirmation if transmitted by facsimile, or, if sent by mail, at the earlier of its receipt or 72 hours after the same has 
  

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 been deposited in a regularly maintained receptacle for the deposit of United States mail, addressed and postage prepaid
as aforesaid. 
  
 6. No Implied Waivers. No failure or
delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or
privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 
  
 7. Successors and Assigns. All the terms and provisions of this Agreement shall be binding upon and inure to the benefit of and be enforceable by
the respective parties hereto, the successors and assigns of the Stockholders and the successors of the Company, whether so expressed or not. None of the parties hereto may assign any of its rights or obligations hereunder without the prior written
consent of the other parties hereto; provided, however, each Stockholder may assign all or a portion of its rights hereunder to its members, partners, and affiliates without consent of the Company. 
  
 8. Headings. The headings of the Sections and paragraphs of this
Agreement have been inserted for convenience of reference only and do not constitute a part of this Agreement. 
  
 9. Governing Law. The internal laws, and not the laws of conflicts of California shall govern the enforceability and validity of this Agreement,
the construction of its terms and the interpretation of the rights and duties of the parties. 
  
 10. Dispute Resolution. In the event of any dispute arising out of or relating to this Agreement, then such dispute shall be resolved solely and exclusively by confidential binding arbitration with the San
Francisco branch of JAMS (“JAMS”) to be governed by JAMS’ Commercial Rules of Arbitration (the “JAMS Rules”) and heard before one arbitrator. The parties shall attempt to mutually select the arbitrator. In the event they are
unable to mutually agree, the arbitrator shall be selected by the procedures prescribed by the JAMS Rules. Each party shall bear its own attorneys’ fees, expert witness fees, and costs incurred in connection with any arbitration. 
  
 11. Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, AND AGREE TO THE ARBITRATION PROVISION CONTAINED IN SECTION 10. 
  
 12. Counterparts; Effectiveness. This Agreement may be executed in any
number of counterparts and by different parties hereto in separate counterparts, with the same effect as if all parties had signed the same document. All such counterparts shall be deemed an original, shall be construed together and shall constitute
one and the same instrument. This Agreement shall become effective when each party hereto shall have received counterparts hereof signed by all of the other parties hereto. 
  
 13. Entire Agreement. This Agreement contains the entire agreement among the parties hereto with respect to the
subject matter hereof and such Agreement supersedes and replaces all other prior agreements, written or oral, among the parties hereto with respect to the subject matter hereof. 
  
 14. Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent
jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated
so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such a determination, the parties shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible. 
  

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 15. Construction. All provisions of this Agreement have been negotiated at arms length, each party
having legal counsel, and this Agreement shall not be construed for or against any party by reason of the authorship or alleged authorship of any provision hereof. The language in this Agreement shall be construed as to its fair meaning and not
strictly for or against any party. 
  
 IN WITNESS WHEREOF, this
Agreement has been duly executed and delivered by a duly authorized officer of each party hereto as of January 30, 2004. 
  
 eUniverse, Inc. 
  
  
 By:  /s/  Brett C. Brewer 

Name:     Brett C. Brewer 
 Title: President 
  
  
 VantagePoint Venture Partners IV (Q), L.P. 
 By: VantagePoint Venture Associates IV, L.L.C., 
 Its General Partner 
  
  
 By:  /s/  Alan E. Salzman 

 Name: Alan E. Salzman 
 Title: Managing Member 
  
  
 VantagePoint Venture Partners IV, L.P. 
 By: VantagePoint Venture Associates IV, L.L.C. 
 Its General Partner 
  
  
 By:  /s/  Alan E. Salzman 

 Name: Alan E. Salzman 
 Title: Managing Member 
  
  
 VantagePoint Venture Partners IV Principals Fund L.P.

 By: VantagePoint Venture Associates IV, L.L.C. 
 Its General Partner 
  
  
 By:  /s/  Alan E. Salzman 

 Name: Alan E. Salzman 
 Title: Managing Member 
  

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