Document:

Offer of Employment Letter Agreement

 Exhibit 10.22 

 

 

 April 26, 2009 
 William Kerley 
 11906 Colleyville Dr 
 Austin, Texas 78738 
 Dear Bill, 
 We are pleased to offer you a full-time position with WhiteGlove House Call Health, Inc, commencing April 29, 2009. Your title will be Vice President of F&A and Operations,
reporting to the Chief Executive Officer. 
 Your responsibilities will include, but not be limited to: 

 

	 	•	 	 Human Resources 

  

	 	•	 	 IT Infrastructure and facilities 

  

	 	•	 	 Legal coordination 

  

	 	•	 	 Treasury 

  

	 	•	 	 Accounting and internal control 

  

	 	•	 	 Business planning and strategy 

  

	 	•	 	 Risk Management 

  

	 	•	 	 Management of Member Support Team 

 Compensation: 
 Your compensation will be: 

 

	 	•	 	 A base salary of $15,000.00 per month, paid semi-monthly on the 15th and the last day of each month, commencing on April 28, 2009;

  

	 	•	 	 An annual bonus of $20,000.00 with the possibility to earn 25% of the annual bonus each quarter, subject to you successfully achieving business
objectives, mutually agreed to at the beginning of each quarter. This bonus will be paid upon accomplishment of 100% of your business objectives agreed upon at the beginning of each quarter. This bonus may be prorated, at WhiteGlove House Call
Health’s discretion, if objectives are partially met. 

 Equity: 

In addition to your compensation, 120,000 Incentive Stock Options will be granted to you under WhiteGlove House Call Health’s Incentive Stock Option
Plan, subject to Board approval at an option price to be determined by the Board at time of grant. 

  

							
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 Benefits: 
 WhiteGlove House Call Health offers a variety of benefit programs to assist you in taking care of yourself and your family. These benefits may be modified from time to time at WhiteGlove House Call
Health’s discretion. 
 Health Insurance: 
 WhiteGlove House Call Health currently has a PPO health insurance plan providing major medical insurance with Humana of Texas where WhiteGlove House Call Health pays 75% of the monthly premiums for its
employees. Your eligibility for these medical benefits will begin 30 days from the start date of your employment with WhiteGlove House Call Health. You will need to submit the enrollment form for your PPO health insurance within one month of your
start date in order to ensure your coverage by that date. 
 Paid Time Off: 

Regular status employees are encouraged to take time off each year. WhiteGlove House Call Health has adopted Paid Time Off (PTO) guidelines to allow
employees to determine the best use of their time. PTO is awarded on January 1 of each year and expires the following December 31. PTO has no cash value and employees will not receive pay in lieu of time off. Additionally, PTO will not be
carried over to the next year. Any absence from work that exceeds three hours will be charged against an employee’s PTO. Where an exempt employee has exhausted PTO, deductions for salary may be made in increments of full days only for absences
for personal reason or illness. 
 Employees with less than three years of service receive 25 days of PTO per year after the first calendar year
of service. PTO during the first calendar year of service is determined on a pro-rata basis based on anniversary date. All days off from work for personal reasons (including vacation and illness) are charged against the employee’s PTO,
including any time taken off for the 10 federal holidays, listed below: 
  

	
	New Year’s Day
	
	Birthday of Martin Luther King, Jr.
	
	Washington’s Birthday
	
	Memorial Day
	
	Independence Day
	
	Labor Day
	
	Columbus Day
	
	Veterans Day
	
	Thanksgiving Day
	
	Christmas Day

 After three years of service, employees will
receive 30 days of PTO per year. During the third year of employment, an employee will participate in the additional 5 days on a pro-rata basis. For example, if an employee’s anniversary date is April 1, he or she would receive an
additional 3.75 days of PTO on April 1 (5 additional PTO days /12 months * 9 months remaining in the year). 

  

							
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 PTO for reasons other than illness must be approved by your manager. 

Each employee has an on-going obligation to the successful operations of the company. With that said, we expect everyone to equally share in the
responsibility of caring for patients 365 days per year, including holidays. 
 Other Benefits: 

When available, you will be eligible to participate in WhiteGlove House Call Health’s 401(k) plan at the next entry date. Entry dates are on the
first day of each calendar quarter. WhiteGlove House Call Health does not have a matching program and does not have intentions to put one in place in the near term. 
 Additional Important Information: 
 This offer is contingent upon a pre-employment
background check and your ability to provide proof of your eligibility to work in the United States. 
 Your employment at WhiteGlove House Call
Health is not for any specified time, but is “at will.” Either you or WhiteGlove House Call Health may terminate your employment at any time for any reason, with or without cause or advance notice. By accepting this offer, you agree that
this “at will” employment relationship will remain in effect for the duration of your employment and can only be modified by an express written agreement by the Chief Executive Officer of WhiteGlove House Call Health. 

This offer is also subject to your execution of WhiteGlove House Call Health’s Employment Agreement which is attached. Please note the provisions of
the Confidential Information and Invention Assignment Agreement with respect to intellectual property and non-disclosure of confidential information. In particular, you must not bring any trade secret material belonging to others with you, and you
must agree not to use any trade secrets belonging to others during your employment at WhiteGlove House Call Health. Please also note the non-competition and non-solicitation provisions. 
 This letter and the Employment Agreement set forth the terms of your employment with us and supersede any prior representations or agreements whether oral or written. A duplicate of this offer letter is
enclosed for your records. To accept this offer, please sign and return this letter along with the Employment Agreement and return, either by hand delivery or in the enclosed envelope. 

  

							
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 Please respond to this offer by signing below and returning no later than 12:00 PM on April 27,
2009, or this offer will be considered declined. We look forward to you becoming a member of our valued team. 
 Sincerely, 

Robert Fabbio 
 Robert Fabbio 

Chief Executive Officer and President 
 Please
sign below to accept this offer. 
  

			
	Accepted:	 	 /s/ William Kerley

			
	  
 Date:
	 	 4-26-2009

			
	Confirmed start date:	 	 April 29, 2009

  

							
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 Exhibit 10.23 
 April 21, 2008 
 Mike Hancock 
 3701 Whitt Loop 
 Austin, TX 78749 
 Dear Mike: 
 I am pleased to extend you an offer for employment at WHITEGLOVE HOUSE CALL HEALTH,
Inc. Your title will be the VP of Sales and Business Development, reporting to Robert Fabbio, Chief Executive Officer and President. 
 Your
responsibilities include, but are not limited to: 
  

	 	•	 	 Recruitment and management of WHITEGLOVE HOUSE CALL HEALTH’s sales and business development staff 

 

	 	•	 	 Primary person responsible for WHITEGLOVE HOUSE CALL HEALTH’s membership acquisition, membership enrollment, and membership revenue

  

	 	•	 	 Participate as an active member of the executive management team 

 Compensation: 
 Your compensation includes the following: 

 

	 	•	 	 A base salary of $16,500.00 per month, paid semi-monthly on this 15th and the last day of each month, commencing on May 1, 2008 (or before); 

 

	 	•	 	 The opportunity to earn up to an additional $75,000.00 in annual incentive compensation based on meeting membership enrollment targets
($65,000.00 at plan) and management-based objectives ($10,000 annually for the successful accomplishment of certain MBOs), paid quarterly and subject to you and the company successfully accomplishing the objectives as set forth below.

 Membership enrollment Incentive Compensation 

The following summarizes the Membership enrollment incentive portion of your 2008 compensation plan. Your incentive compensation
is calculated using the following table: 
  

					
	 Override Rate /
 Member Enrolled
	  	 New Members
 Enrolled (after 5/1/08)
	  	 Potential Maximum
 Incentive Override Amount

	11.02	  	1 - 1652	  	$18,200.00
	21.00	  	1653-2891	  	$26,000.00
	16.80	  	2892-4130	  	$20,800.00
	18.00	  	above 4130	  	

 Membership enrollment incentive compensation is paid in the month following the quarter the
memberships are closed. For example, Membership enrollment incentive compensation on memberships enrolled, billed and recognized in January, February, and March will be paid with the first April paycheck, in accordance with the Company’s normal
payroll policy. 

  
 WHITEGLOVE HOUSE CALL HEALTH,
Inc. Confidential 
 1 of 3 

 Equity: 
 In addition to your compensation, 195,000 Incentive Stock Options will be granted to you under WHITEGLOVE HOUSE CALL HEALTH’s Incentive Stock Option Plan, subject to Board approval at an option price
to be determined by the Board at time of grant. 
 Your employment at WHITEGLOVE HOUSE CALL HEALTH is not for any specified time, but is
“at will.” Either you or WHITEGLOVE HOUSE CALL HEALTH may terminate your employment at any time for any reason, with or without cause or advance notice. By accepting this offer, you agree that this “at will” employment
relationship will remain in effect for the duration of your employment and can only be modified by an express written agreement by the Chief Executive Officer of WHITEGLOVE HOUSE CALL HEALTH. 
 Benefits: 
 WHITEGLOVE HOUSE CALL HEALTH offers a variety of benefit programs to assist you
in taking care of yourself and your family. These benefits may be modified from time to time at WHITEGLOVE HOUSE CALL HEALTH’s discretion. 

WHITEGLOVE HOUSE CALL HEALTH currently has a PRO health insurance plan providing major medical insurance with BlueCross BlueShield of Texas where the
WHITEGLOVE HOUSE CALL HEALTH pays 75% of the monthly premiums for it’s employees. In addition, the WHITEGLOVE HOUSE CALL HEALTH gives all of its employees a Gold membership to WHITEGLOVE’s services at no charge. We also offer reduced
WHITEGLOVE membership fees for family members. In addition, WHITEGLOVE HOUSE CALL HEALTH provides vision coverage with Davis Vision. Your eligibility for these medical benefits will begin 30 days from the start date of your employment with
WHITEGLOVE HOUSE CALL HEALTH. You will need to submit the enrollment form for your PPO health insurance within one month of your start date in order to ensure your coverage by that date. 
 When available, you will be eligible to participate in WHITEGLOVE HOUSE CALL HEALTH’s 401(k) plan at the next entry date. Entry dates are on the first day of each calendar quarter. WHITEGLOVE HOUSE
CALL HEALTH does not have a matching program and does not have intentions to put one in place in the near term. 
 WHITEGLOVE HOUSE CALL HEALTH
currently provides its employees, at no charge, Medical Malpractice Insurance (for the healthcare professionals), Short and Long-term disability coverage, and Workers Compensation and all into effect on the first day of the month following your
start date. 
 Additional Important Information: 
 This offer is contingent upon a pre-employment background check and your ability to provide proof of your eligibility to work in the United States. 

This offer is also subject to your execution of WHITEGLOVE HOUSE CALL HEALTH’s Employment Agreement which is attached. Please note the provisions of
the Confidential Information and Invention Assignment Agreement with respect to intellectual property and non-disclosure of confidential information. In particular, you must not bring any trade secret material belonging to others with you, and you
must agree not to use any trade secrets belonging to others during your employment at WHITEGLOVE HOUSE CALL HEALTH. Please also note the non-competition and non-solicitation provisions. 
 This letter and the Employment Agreement set forth in pertinent part the terms of your employment with us and supersedes any prior representations or agreements whether oral or written. A duplicate of
this offer letter is enclosed for your records. To accept this offer, please sign and return this letter along with the Employment Agreement and return, either by hand delivery or in the enclosed envelope. 

  
 WHITEGLOVE HOUSE CALL HEALTH,
Inc. Confidential 
 2 of 3 

 Please respond to this offer by sending a signed copy of this letter back to me by April 24, 2008 or
this offer will be considered declined. I am looking forward to having you as a part of the team and hope that through your efforts and the efforts of the team, we can continue to build a successful company. 

Sincerely. 
 /s/ Bob Fabbio 

Bob Fabbio 
 Chief Executive Officer and
President 
 Please sign below to accept this offer. 
  

			
	Accepted:	 	 /s/ MICHAEL W.
HANCOCK

			
	  
 Date:
	 	 4-23-08

			
	Confirmed start date:	 	 MAY 5TH 2008

  
 WHITEGLOVE HOUSE CALL HEALTH,
Inc. Confidential 
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