Document:

Offer of Employment Letter - John D. Hellmann

 EXHIBIT 10.19 
 August 27, 2006 
 Mr. John Hellman 
 c/o
Design Within Reach, Inc. 
 225 Bush Street, 20th Floor 
 San
Francisco, CA 94104-4215 
 Dear John: 
 On behalf of Design
Within Reach, Inc. (the “Company”), I am pleased to offer you the position of Vice President, Chief Financial Officer. This position reports to the Company’s Chief Executive Officer. The terms of this offer are as set forth below.

 You will be paid a salary at an annual rate of $240,000, payable in installments pursuant to the Company’s bi-weekly payroll policy. You will be
eligible for all Company benefits on the first day of the month following your date of hire. You will be eligible to receive a bonus outlined in exhibit A, based on the achievement of corporate and individual goals to be set by the CEO of Design
Within Reach consistent with the revised 2006 Company Business plan. 
 In connection with the commencement of your employment as Chief Financial Officer,
the Company will recommend to the board of directors that you be granted an option to purchase 150,000 shares of the Company’s Common Stock with an exercise price equal to the fair market value on the date of grant. Contingent upon your
continued employment, the shares subject to the option will vest in equal monthly amounts over a period of 36 months from the date of grant. This option will be an incentive stock option to the maximum extent allowed by the Tax Code, and will be
subject to the terms of the Company’s 2004 Equity Incentive Award Plan and the Stock Option Agreement between you and the Company. 
 By accepting this
offer, you agree that, to the best of your ability, you will at all times loyally and conscientiously perform all of the duties and obligations required of you by the Company’s Board of Directors and implicit in your responsibilities as Chief
Financial Officer, to the reasonable satisfaction of the Company. During the term of your employment, you will devote all of your business time and attention to the business of the Company, and will not render commercial or professional services to
any person or organization, whether or not for compensation, without the prior consent of the Company’s Chief Executive Officer or Board of Directors. You agree that you will not directly or indirectly engage or participate in any business that
is competitive in any manner with the business of the Company; provided, however, that nothing in this agreement will prevent you from owning no more than 1.0% of the outstanding equity securities of a corporation whose stock is listed on a national
stock exchange. 
 You agree at all times during the term of your employment with the Company, and thereafter, to hold in strictest confidence, and not to
use, except for the benefit of the Company, or to disclose to any person, firm, corporation or other entity, except as required by your duties for the Company, any “Confidential Information” of the Company. “Confidential
Information” includes, but is not limited to, information pertaining to any aspect of the Company’s business which is information not known to actual or potential competitors of the Company; information not known to the investing public;
information not known to other third parties; or information that is proprietary to the Company or to its customers or suppliers, whether of a technical, financial or other nature. 
 In the course of your employment with the Company, you will be subject to and required to comply with all Company policies, and applicable laws and regulations. 

 Employment with the Company is “at-will.” This means that it is not for any specified period of time and can be
terminated by you or by the Company at any time, with or without advance notice, and for any or no particular reason or cause. 
 If your employment is
terminated by the Company without cause (and not as a result of your death or disability), and if (i) you have been employed by the Company for three months or more and (ii) you sign a general release of known and unknown claims in form
satisfactory to the Company, you will receive severance payments totaling six (6) months’ salary, less applicable withholding, to be paid over a period of six (6) months following the effective date of release. Severance payments will
be made in accordance with the Company’s normal payroll procedures. In the event that such termination without cause occurs within one year following any Change of Control (and you sign the release of claims described above), in addition to
receiving the severance payments described above, your unvested Company stock options shall immediately vest in full. 
 For purposes of this Agreement:

 (a) “Change of Control of the Company shall be deemed to have occurred if the Company (i) is a party to a merger,
consolidation or exchange of securities which results in the holders of voting securities of the Company outstanding immediately prior thereto failing to continue to hold at least 50% of the combined voting power of the voting securities of the
Company, the surviving entity or a parent of the surviving entity outstanding immediately after such merger, consolidation or exchange; and 
 (b) A termination “for cause” occurs if you are terminated for any of the following reasons: (i) theft, dishonesty, misconduct or falsification of any employment or Company records; (ii) improper
disclosure of the Company’s confidential or proprietary information; (iii) any action by you which has a material detrimental effect on the Company’s reputation or business; (iv) your failure or inability to perform any assigned
duties after written notice to you of, and a reasonable opportunity to cure, such failure or inability; or (v) your conviction (including any plea of guilty or no contest) for any criminal act that impairs your ability to perform your duties
under this Agreement. 
 All disputes, claims, and causes of action, in law or equity, arising from or relating to this agreement or its enforcement,
performance, breach, or interpretation, or to your employment with the Company or any termination of that employment, shall be governed by California law, and shall be resolved solely and exclusively by final, binding and confidential arbitration
before a single neutral arbitrator through the Judicial Arbitration & Mediation Services/Endispute, Inc. (“JAMS”) under the then existing JAMS arbitration rules. Any arbitration shall be held in San Francisco, California. Nothing
in this section is intended to prevent either party from obtaining injunctive relief in court to prevent irreparable harm. Both you and the Company irrevocably waive your respective rights to have any disputes or claims tried by a jury. 

For purposes of federal immigration law, you will be required to provide the Company documentary evidence of your identity and eligibility for employment in the
United States. Such documentation must be provided within three (3) business days of your date of hire. 
 If you accept this offer, this letter shall
constitute the complete agreement between you and Company with respect to the terms and conditions of your employment. Any prior or contemporaneous representations (whether oral or written) not contained in this letter, or contrary to those
contained in this letter, that may have been made to you are expressly cancelled and superseded by this offer. Except as otherwise specified herein, the terms and conditions of your employment may not be changed, except in another letter or written
agreement, signed by you and the Chief Executive Officer or Chairman of the Board of the Company. 
  

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 I am delighted to be able to extend this offer to you on behalf of the Company. To indicate your acceptance, please sign
and date one copy of this letter, and return it to the Company, either in person or at the address below: 
  

	
	Design Within Reach, Inc.
	Attention: Suzanne Ewing, Vice President, Human Resources
	225 Bush Street, 20th Floor
	San Francisco, CA 94104

  

	
	Sincerely,
	
	 /s/ Ray Brunner

	Ray Brunner
	Chief Executive Officer

 I accept the above-described employment offer letter, on the terms set forth therein. 
  

			
	Dated: August 27, 2006	 	 /s/ John Hellmann

		 	John Hellmann

  

 Page 3 of 3Amended and restated Offer of Employment Letter

 EXHIBIT 10.20 
 March 16, 2007 
 Mr. Ray Brunner 
 c/o Design
Within Reach, Inc. 
 225 Bush Street, 20th Floor 
 San Francisco,
CA 94104-4215 
 Dear Ray: 
 Design Within Reach, Inc. (the
“Company”) is pleased to provide you with this amended offer letter setting forth the terms under which you will serve as the Company’s President and Chief Executive Officer. As President and Chief Executive Officer, you will report
to the Company’s Board of Directors. 
 You will be paid a salary at an annual rate of $350,000, payable in installments pursuant to the Company’s
bi-weekly payroll policy. This salary increase will be retroactive to January 1, 2007. You are eligible for all Company benefits. You will be eligible to receive a bonus of up to 100% of your annual salary, based on the achievement of corporate
and individual goals to be set by the Compensation Committee of the Board of Directors. For the year 2007, you also will receive an automatic bonus of $50,000 if you are serving as the Company’s Chief Executive Officer at the end of the year.
Corporate and individual goals shall be determined as soon as practicable following Board approval of the 2007 Company Business Plan. 
 During your tenure
as President and Chief Executive Officer of the Company, you will have a seat on the Company’s Board of Directors. 
 By accepting this offer, you agree
that, to the best of your ability, you will at all times loyally and conscientiously perform all of the duties and obligations required of you by the Company’s Board of Directors and implicit in your responsibilities as President and Chief
Executive Officer, to the reasonable satisfaction of the Company. During the term of your employment, you will devote all of your business time and attention to the business of the Company, and will not render commercial or professional services to
any person or organization, whether or not for compensation, without the prior consent of the Company’s Board of Directors. You agree that you will not directly or indirectly engage or participate in any business that is competitive in any
manner with the business of the Company; provided, however, that nothing in this agreement will prevent you from owning no more than 1% of the outstanding equity securities of a corporation whose stock is listed on a national stock exchange.

 You agree at all times during the term of your employment with the Company, and thereafter, to hold in strictest confidence, and not to use, except for
the benefit of the Company, or to disclose to any person, firm, corporation or other entity, except as required by your duties for the Company, any “Confidential Information” of the Company. “Confidential Information” includes,
but is not limited to, information pertaining to any aspect of the Company’s business which is information not known to actual or potential competitors of the Company; information not known to the investing public; information not known to
other third parties; or information that is proprietary to the Company or to its customers or suppliers, whether of a technical, financial or other nature. 
 In the course of your employment with the Company, you will be subject to and required to comply with all Company policies, and applicable laws and regulations. 

 Employment with the Company is “at-will.” This means that it is not for any specified period of time and can be
terminated by you or by the Company at any time, with or without advance notice, and for any or no particular reason or cause. 
 If your employment is
terminated by the Company without cause (and not as a result of your death or disability), and if (i) you have been employed by the Company for three months or more and (ii) you sign a general release of known and unknown claims in form
satisfactory to the Company, you will receive severance payments totaling $350,000, less applicable withholding, to be paid over a period of six (6) months following the effective date of release. Severance payments will be made in accordance
with the Company’s normal payroll procedures. In the event that such termination without cause occurs within one year following any Change of Control (and you sign the release of claims described above), in addition to receiving the severance
payments described above, your unvested Company stock options shall immediately vest in full. 
 For purposes of this Agreement: 
 (a) “Change of Control of the Company shall be deemed to have occurred if the Company (i) is a party to a merger, consolidation
or exchange of securities which results in the holders of voting securities of the Company outstanding immediately prior thereto failing to continue to hold at least 50% of the combined voting power of the voting securities of the Company, the
surviving entity or a parent of the surviving entity outstanding immediately after such merger, consolidation or exchange; and 
 (b) A termination “for cause” occurs if you are terminated for any of the following reasons: (i) theft, dishonesty, misconduct or falsification of any employment or Company records; (ii) improper disclosure of the
Company’s confidential or proprietary information; (iii) any action by you which has a material detrimental effect on the Company’s reputation or business; (iv) your failure or inability to perform any assigned duties after
written notice to you of, and a reasonable opportunity to cure, such failure or inability; or (v) your conviction (including any plea of guilty or no contest) for any criminal act that impairs your ability to perform your duties under this
Agreement. 
 All disputes, claims, and causes of action, in law or equity, arising from or relating to this agreement or its enforcement, performance,
breach, or interpretation, or to your employment with the Company or any termination of that employment, shall be governed by California law, and shall be resolved solely and exclusively by final, binding and confidential arbitration before a single
neutral arbitrator through the Judicial Arbitration & Mediation Services/Endispute, Inc. (“JAMS”) under the then existing JAMS arbitration rules. Any arbitration shall be held in San Francisco, California. Nothing in this section
is intended to prevent either party from obtaining injunctive relief in court to prevent irreparable harm. Both you and the Company irrevocably waive your respective rights to have any disputes or claims tried by a jury. 
 If you accept this offer, this letter shall constitute the complete agreement between you and Company with respect to the terms and conditions of your employment. Any
prior or contemporaneous representations (whether oral or written) not contained in this letter, or contrary to those contained in this letter, that may have been made to you are expressly cancelled and superseded by this offer. Except as otherwise
specified herein, the terms and conditions of your employment may not be changed, except in another letter or written agreement, signed by you and the Chairman of the Board of the Company. 
  

 Page 2 of 3 

 To indicate your acceptance, please sign and date one copy of this letter, and return it to the Company, either in person
or at the address below: 
  

					
	 Design Within Reach, Inc.
	 		 	
	 Attention: John Hellmann, Chief Financial Officer
	 	
	 225 Bush Street, 20th Floor
	 		 	
	 San Francisco, CA 94104
	 		 	
			
	 Sincerely,
	 		 	
			
	 /s/ John D. Hellmann
	 		 	
	 John D. Hellmann
	 		 	
	 Chief Financial Officer
	 		 	

 I accept the above-described employment offer letter, on the terms set forth therein. 
  

			
	Dated: March 8, 2007	 	 /s/ Ray Brunner

		 	Ray Brunner

  

 Page 3 of 3

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