Document:

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                                                                   Exhibit 10.11

                          [Letterhead of MatchNet plc]

9 June 2004

Mr Jessica Pezzullo
[address]

Dear Jessica:

Re: OFFER LETTER OF EMPLOYMENT

Matchnet plc (the "Company") is pleased to confirm your employment on the
following terms:

1.      POSITION. You will serve in the full time position of Chief Marketing
        Officer reporting to the Chief Executive Officer of the Company. Your
        employment shall commence upon 21 June 2004 (the "Commencement Date").

2.      CASH COMPENSATION. The Company will pay you a salary at the rate of
        $240,000 per year, payable in accordance with the Company's standard
        payroll schedule. This salary will be subject to adjustment pursuant to
        the Company's employee compensation policies in effect from time to
        time. In addition, you will be eligible for an annual bonus pursuant to
        parameters as may be determined by the Board and a onetime bonus of up
        to $25,000 based upon performance metrics to be agreed upon.

3.      EMPLOYEE BENEFITS. As a regular employee of the Company, you will be
        eligible to participate in a number of Company-sponsored benefits
        including paid vacation (at a rate of 20 days per year), all in
        accordance with the Company's policies as in effect from time to time.
        In addition, you wilt be covered under the Company's health, 401(K) and
        group. insurance programs. In accordance with the Company's generally
        applicable policies, you will be reimbursed for all .reasonable travel
        and business expenses incurred by you in connection with your employment
        duties.

4.      SHARE OPTIONS. Subject to the approval of the Board, you will be granted
        an option to purchase 100,000 of the Company's ordinary shares (the
        "Initial Options"). The exercise price per share of the Initial Options
        will be equal to the fair market value per share, as quoted on the
        Frankfurt Exchange, on the date of the commencement of your employment.
        The Options will vest, according to the following schedule: 20% on the
        1st anniversary of the Commencement Date, 25% on the 2nd, anniversary,
        25% on the 3rd

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                                                                      09/06/2004
                                                                     Page 2 of 3

        anniversary and 30% on the 4`" anniversary. The Options will expire 5
        years after .the Commencement Date.

5.      ASSIGNMENT OF RIGHTS; NON-SOLICITATION, CONFIDENTIALITY AND
        NON-DISCLOSURE AGREEMENT. You agree to execute the Assignment of Rights,
        Non-Solicitation of Employees and Vendors, Confidentiality and
        Non-Disclosure Agreements as shall be. provided to you by the Company.

6.      CHANGE .OF CONTROL. For purposes of this agreement, a "Change of Control
        Event" shall be the occurrence of a single shareholder (or beneficial
        owner) acquiring more than 75% of the then outstanding ordinary shares
        (or securities convertible into 75% of the then outstanding shares) of
        the Company. If a "Change of Control Event" occurs and if your
        employment with the Company is involuntarily terminated for any reason
        within 6 months of such "Change of Control Event", you shall be entitled
        to: (i) payment of one year's salary and any accrued bonus (net of any
        required withholding); (ii) immediate vesting of any unvested options,
        set forth in paragraph 4, above, together with an extension of the
        "Final Exercise Date" as defined in the relevant Option Agreement to one
        year from the date of such termination), above; and (iii) payment of any
        COBRA plan for 1 year.

7.      INDEMNIFICATION. To the fullest extent permitted by the Company's
        charter documents and applicable law, the Company agrees to defend and
        indemnify you and hold you harmless against any liability that you incur
        within the scope of your employment with the Company. The Company agrees
        to use its best efforts to purchase and maintain adequate Directors' and
        Officers' liability insurance.

8.      EMPLOYMENT RELATIONSHIP. Your employment with the Company continues to
        be for, no specific period of time. Your employment with the Company
        will continue to be "at will," meaning that either you or the Company
        may terminate your employment at any time and for any reason, with or
        without cause. If you are terminated without cause within 1 year of the
        Commencement Date, you will be entitled to three months salary, less any
        required tax withholdings (and which may be paid according to our normal
        payroll schedule). "Cause" for the purposes of this Agreement, shall
        mean (i) any act of personal dishonesty taken by you in connection with
        your responsibilities as an employee which is intended to result in your
        substantial personal enrichment, (ii) your conviction of a felony, (iii)
        a wilful act by you which constitutes misconduct and is injurious to the
        Company, and (iv) continued wilful violations of your obligations to the
        Company after you have been provided with a written demand for
        performance from the Company which describes the basis for the Company's
        belief that you have not substantially performed your duties. Any
        contrary representations that may have been made to you are superseded
        by this letter agreement. This is the full and complete agreement
        between you and the Company on this term.

9.      OUTSIDE ACTIVITIES. While you render services to the Company, you agree
        that you will not engage in any other employment, consulting or other
        business activity without the prior written consent of the Company;
        which consent shall not be unreasonably withheld. While you render
        services to the Company, you also will not assist any person or entity
        in competing with the Company, in preparing to compete with the Company
        or in hiring any employees or consultants of the Company.

10.     WITHHOLDING TAXES. All forms of compensation referred to in this letter
        agreement are subject to reduction to reflect applicable withholding
        .and payroll taxes and other deductions required by law.

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                                                                      09/06/2004
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11.     ENTIRE AGREEMENT. Except as set forth herein, this letter agreement
        supersedes and replaces any prior agreements, representations or
        understandings, whether written, oral or implied, between you and the
        Company.

We hope that you will find the above terms acceptable. You may indicate your
agreement with these terms by signing and dating the enclosed duplicate original
of this letter agreement and returning it to me. By signing this letter
agreement, you reconfirm to the Company that you have no contractual commitments
or other legal obligations that would prohibit you from performing your duties
for the Company.

Very truly yours,
MATCHNET PLC

/s/ Todd Tappin
--------------------------------
Todd Tappin

CEO

I have read and accept and agree to the above terms of employment:

/s/ Jessica Pezzullo
--------------------------------
Signature of Jessica Pezzullo

Dated: June 9, 2004<PAGE>
                                                                   Exhibit 10.12

                          [Letterhead of MatchNet plc]

2 April 2004

Mr Ken Ross
20465 Callon Drive
Topanga, CA, 90290

Dear Ken:

Re: Offer Letter of Employment

Matchnet plc (the "Company") is pleased to confirm your employment on the
following terms:

1.      POSITION. You will serve in the full time position of Chief
        Communications Officer reporting to the Chief Executive Officer of the
        Company. Your employment shall commence upon 19 April, 2004 (the
        "Commencement Date").

2.      CASH COMPENSATION. The Company will pay you a salary at the rate of
        $240,000 per year, payable in accordance with the Company's standard
        payroll schedule. This salary will be subject to adjustment pursuant to
        the Company's employee compensation policies in effect from time to
        time. In addition, you may be eligible for an annual bonus pursuant to
        parameters as may be determined by the Board.

3.      EMPLOYEE BENEFITS. As a regular employee of the Company, you will be
        eligible to participate in a number of Company-sponsored benefits
        including paid vacation, all in accordance with the Company's policies
        as in effect from time to time. In addition, you will be covered under
        the Company's health, 401 (K) and group insurance programs. In
        accordance with the Company's generally applicable policies, you will be
        reimbursed for all reasonable travel and business expenses incurred by
        you in connection with your employment duties.

4.      SHARE OPTIONS. Subject to the approval of the Board, you will be granted
        an option to purchase 87,500 of the Company's ordinary shares (the
        "Initial Options"). The exercise price per share of the Initial Options
        will be equal to the fair market value per share, as quoted on the
        Frankfurt Exchange, on the date of the commencement of your employment.
        On the first anniversary of your employment, you will be granted a
        minimum of 12,500 options (the "Anniversary Options") and the exercise
        price per share of the Anniversary Options will be equal to the fair
        market value per share, as

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                                                                      02/04/2004
                                                                     Page 2 of 3

        quoted on the Frankfurt Exchange, on the 1st anniversary of the date of
        the commencement of your employment. Both Options will vest, according
        to the following schedule: 20% on the 1st anniversary of their
        respective grants, 25% on the 2nd anniversary, 25% on the 3rd
        anniversary and 30% on the 4th anniversary. Both Options will expire 5
        years after the date of their respective grants.

5.      ASSIGNMENT OF RIGHTS, NON-SOLICITATION, CONFIDENTIALITY AND
        NON-DISCLOSURE AGREEMENT. You agree to execute the Assignment of Rights,
        Non-Solicitation of Employees and Vendors, Confidentiality and
        Non-Disclosure Agreements as shall be provided to you by the Company.

6.      CHANGE OF CONTROL. For purposes of this agreement, a "Change of Control
        Event" shall be the occurrence of a single shareholder (or beneficial
        owner) acquiring more than 75% of the then outstanding ordinary shares
        (or securities convertible into 75% of the then outstanding shares) of
        the Company.

        6.1    In the event of a "Change of Control Event" that occurs between
               six months and one year of your date of employment and if your
               employment with the Company is terminated for any reason
               (including your own election) within 6 months of such "Change of
               Control Event", you shall be entitled to: (i) payment of one
               year's salary and any accrued bonus (net of any required
               withholding); (ii) immediate vesting and exercisability of 43,750
               options set forth in Paragraph 4 (together with an extension of
               the "Final Exercise Date" as defined in the relevant Option
               Agreement to one year from the date of such termination), above;
               and (iii) payment of any COBRA plan for 1 year.

        6.2    In the event of a "Change of Control Event" that occurs after one
               year of your date of employment and if your employment with the
               Company is terminated for any reason (including your own
               election) within 6 months of such "Change of Control Event", you
               shall be entitled to: (i) payment of one year's salary and any
               accrued bonus (net of any required withholding); (ii) immediate
               vesting and exercisability of all unvested options set forth in
               Paragraph 4 (together with an extension of the "Final Exercise
               Date" as defined in the relevant Option Agreement to one year
               from the date of such termination), above; and' (iii) payment of
               any COBRA plan for 1 year.

        6.3    The payments provided for in this Section 6 shall be increased
               to compensate for any increased taxes resulting from provision
               280G of the Internal Revenue Code.

7.      INDEMNIFICATION. To the fullest extent permitted by the Company's
        charter documentsand applicable law, the Company agrees to defend and
        indemnify you and hold you harmless against any liability that you incur
        within the scope of your employment with the Company. The Company agrees
        to use its best efforts to purchase and maintain adequate Directors' and
        Officers' liability insurance.

8.      EMPLOYMENT RELATIONSHIP. Your employment with the Company continues to
        be for no specific period of time. Your employment with the Company will
        continue to be "at will," meaning that either you or the Company may
        terminate your employment at any time and for any reason, with or
        without cause. If you are terminated without cause within 1 year of your
        employment, you will be entitled to six months salary and COBRA benefits
        for six months. "Cause" for the purposes of this Agreement, shall mean
        (i) any act of personal dishonesty taken by you in connection with your
        responsibilities as an employee which is intended to result in your
        substantial personal enrichment, (ii) your

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                                                                      02/04/2004
                                                                     Page 2 of 3

        conviction of a felony, (iii) a wilful act by you which constitutes
        misconduct and is injurious to the Company, and (iv) continued wilful
        violations of your obligations to the Company after you have been
        provided with a written demand for performance from the Company which
        describes the basis for the Company's belief that you have not
        substantially performed your duties. Any contrary representations that
        may have been made to you are superseded by this letter agreement. This
        is the full and complete agreement between you and the Company on this
        term.

9.     OUTSIDE ACTIVITIES. While you render services to the Company, you agree
       that you will not engage in any other employment, consulting or other
       business activity without the prior written consent of the Company, which
       consent shall not be unreasonably withheld. While you render services to
       the Company, you also will not assist any person or entity in competing
       with the Company, in preparing to compete with the Company or in hiring
       any employees or consultants of the Company.

10.    WITHHOLDING TAXES. Alt forms of compensation referred to in this letter
       agreement are subject to reduction to reflect applicable withholding and
       payroll taxes and other deductions required by law.

11.     ENTIRE AGREEMENT. Except as set forth herein, this letter agreement
        supersedes and replaces any prior agreements, representations or
        understandings, whether written, oral or implied, between you and the
        Company.

We hope that you will find the above terms acceptable. You may indicate your
agreement with these terms by signing and dating the enclosed duplicate original
of this letter agreement and returning it to me. By signing this letter
agreement, you reconfirm to the Company that you have no contractual commitments
or other legal obligations that would prohibit you from performing your duties
for the Company.

Very truly yours, MATCHNET PLC

/s/ Todd Tappin
--------------------------------
Todd Tappin

CEO

I have read and accept and agree to the above terms of employment:

/s/ Ken Ross
--------------------------------
Signature of Ken Ross

Dated:  2 April 2004

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