Document:

Exhibit 10.8

    
      

    

    Exhibit
      10.8

    Procera
      Networks

     

    October
      18, 2004

     

    

    Mr.
      Gary
      J. Johnson

    16791
      Frank Avenue 

    Los
      Gatos, CA. 95032

    

    Dear
      Mr.
      Johnson:

    

    We
      are
      pleased to offer you employment commencing October 18, 2004 with Procera
      Networks, Inc. (the "Company") in the exempt position of Senior
      VP of Sales and Marketing,
      reporting to the President/CEO.

    

    You
      will
      be compensated as follows:

     

    
      
        	 	
                •

              	
                Compensation:

              	
                You
                  will receive a base salary of $120,000 per year and the opportunity
                  to
                  earn an additional $80,000 annually in commissions by meeting agreed
                  upon
                  quota objectives for a fiscal year, beginning with fiscal 2005.
                  You will
                  also have the opportunity to earn additional commissions in the
                  event you
                  exceed quota objectives and we will put an acceleration percentage
                  in
                  place when the 2005 quota plan in finalized. For this current quarter,
                  it
                  is agreed that the quota is $400,000. Upon completion of a funding
                  of $3M,
                  you will receive a draw of 50% of commissions for the following
                  three
                  months, with an adjustment at the end of the quarter to reflect
                  actual
                  commissions earned.

              

      

      

      
        	 	
                •

              	
                Option
                  Grant:

              	
                On
                  October 12, 2004, our Board of Directors approved a stock option
                  grant to
                  you to purchase 500,000 shares of Procera Common Stock, with vesting
                  as
                  set forth below:

              

      

       

      
        
          	 	
                  •

                	
                  Vesting:

                	
                  You
                    will vest 83,500 shares upon completion of six months of employment
                    and
                    thereafter 13,883 shares per month for the next 30 months. As
                    a senior
                    executive of the company, subject to the discretion of the Plan
                    Administrator, these options will be subject to accelerated vesting
                    in the
                    event of change of control or sale of the company. These provisions
                    will
                    be specifically spelled out in the option agreement that will
                    be provided
                    to you by the company.

                

        

      

       

      
        	 	
                •

              	
                Purchase
                  Price:

              	
                $.92
                  per share

              

      

      

      
        	 	
                •

              	
                Paid
                  Time Off:

              	
                Per
                  Company Policy

              

      

      

      
        	 	
                •

              	
                Medical
                  Benefits:

              	
                Per
                  Company Policy

              

      

    

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    The
      Company offers a number of benefits to its employees, presently including,
      health, dental, and vision insurance. The Company policy also provides for
      paid
      time off and the direct deposit of paychecks. Details of these benefits are
      available and will be provided to you separately. Benefits will become available
      to you immediately upon joining the Company. The Company reserves the right
      to
      alter its policies and/or to amend its benefits at its discretion, upon notice
      to its employees.

    

    Your
      employment with the Company will be strictly on an at-will basis, which means
      that either you or the company can end the relationship at any time upon notice
      to the other, without cause, for any reason or no reason. The Company also
      reserves the right to discipline, demote or alter the terms of employment of
      its
      employees at any time, with or without cause or advance notice. This letter
      agreement shall represent the entire understanding concerning the at-will nature
      of your employment and the possible termination of the employment relationship.
      This at-will agreement cannot be changed or modified in any way except by a
      written agreement between you and the Company, authorized in advance by a duly
      authorized officer of the Company.

    

    Your
      employment is conditioned upon your signing and returning this letter as well
      as
      the following attached documents, which also shall govern the terms of your
      employment:

    

    
      	 	
              •

            	
              EMPLOYEE
                CONFIDENTIALITY AND NON-SOLICITATION
                AGREEMENT

            

    

    
      	 	
              •

            	
              PROPRIETARY
                INFORMATION AND INVENTIONS
                AGREEMENT

            

    

    

    Other
      than as expressly stated in this letter and the attached agreements, the Company
      makes no promises or representations concerning future promotions, compensation,
      or other terms and conditions of employment. By accepting employment, you agree
      that you have not relied upon or been induced to accept employment with the
      Company on the basis of any such promises or representations.

    

    This
      agreement is the only agreement between the parties, and supersedes any and
      all
      previous verbal or written agreements regarding the issues related hereto.
      This
      offer is contingent upon your ability to provide proof of eligibility to work
      in
      the United States as required by the Immigration Reform Control
      Act.

    

    Gary,
      I
      very much took forward to working with you as a member of the executive team
      at
      Procera Networks, Inc.

    

    Sincerely,

    

    /s/
      Douglas J. Glader

    Douglas
      J. Glader

    President
      & CEO

    

    

    

    
      	
              Offer
                accepted:

            	
              /s/
                Gary J. Johnson

            	 
	 	
              Gary
                J. Johnson

            	 
	 	 	 
	
              Date:

            	
              10/18/04Exhibit 10.1

    
      

    

    Employment
      Agreement

     

    

    March
      31,2006

     

    YP
      Corp.

    Mesa,
      Arizona 85205

    

     

    Dear
      Mr.
      Daniel L. Coury, Sr:

     

    This
      letter will serve as the entire agreement between YP Corp (the "Company") and
      Gary L. Perschbacher
      (the "Employee"), with respect to your employment with the Company.

    

    
      	
              1.

            	
              Term

            

    

    

    The
      Employee will work full-time, beginning on April 1, 2006 (the "Beginning Date").
      As an employee of
      the
      Company you will serve as its Chief Financial Officer and perform such services
      as are customary for an individual having such title and holding such
      position.

    

    
      	
              2.

            	
              Salary

            

    

    

    Initially,
      the Employee will be paid an annual salary (the "Salary") of $160,000. Salary
      for any portion of a
      month
      will be prorated based upon the number of normal workdays remaining in the
      month. The salary will
      be
      subject to increase by the Company from time to time. The salary will be
      processed through payroll
      and paid at the same time as other employees.

    

    
      	
              3.

            	
              Incentive
                Bonus and Equity Participation

            

    

    

    The
      Employee will be entitled to receive incentive cash bonuses and/or warrants
      or
      options for the purchase
      of the Company's stock as may be approved by the Board of Directors. As long
      as
      the employee remains
      a
      partner of Tatum, Employee will share with Tatum a portion of his or her
      economic interest in any
      stock
      options or equity bonus that the Company may grant the Employee and may also
      share with Tatum
      (to
      the extent specified in the Resources Agreement referenced below) a portion
      of
      any cash bonus and severance paid to the Employee by the Company. The Company
      acknowledges and consents to such arrangement.

    

    
      	
              4.

            	
              Tatum
                Resources

            

    

    

    The
      Company acknowledges and agrees that the Employee is and will remain a partner
      of, and has and will
      retain an interest in, Tatum, which will benefit the Company in that the
      Employee will have access to certain
      Tatum resources pursuant to a certain Full-Time Engagement Resources Agreement
      between the Company
      and Tatum (the "Resources Agreement").

    

    
      	
              5.

            	
              Employee
                Benefits

            

    

    

    The
      Employee will be eligible for vacation and holidays consistent with the
      Company's policy as it applies
      to senior management.

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

    

    The
      Company will reimburse the Employee for all out-of-pocket business expenses
      promptly after they are
      incurred.

    

    The
      Employee may elect to participate in the Company's employee retirement plan
      and/or 401(k) plan, and
      the
      Employee will be exempt from any delay periods required for
      eligibility.

    

    In
      lieu
      of the Employee participating in the Company-sponsored employee medical
      insurance benefit, the Employee
      will remain on his or her current Tatum medical plan. The Company will reimburse
      the Employee for amounts paid by the Employee for such medical insurance for
      him/herself and (where applicable) his/her family of up to $500 per month upon
      presentation of reasonable documentation of premiums
      paid by the Employee to Tatum. In accordance with the U.S. federal tax law,
      such
      amount will not
      be
      considered reportable W-2 income, but instead non-taxable benefits
      expense.

    

    The
      Employee must receive written evidence that the Company maintains adequate
      directors' and officers' insurance
      to cover the Employee in an amount reasonably acceptable to the Employee at
      no
      additional cost
      to
      the Employee, and the Company will maintain such insurance at all times while
      this agreement remains
      in effect.

    

    Furthermore,
      the Company will maintain such insurance coverage with respect to occurrences
      arising during
      the term of this agreement for at least three years following the termination
      or
      expiration of this agreement
      or will purchase a directors' and officers' extended reporting period, or
      "tail," policy to cover the
      Tatum
      Partner.

    

    The
      Company agrees to indemnify the Employee to the full extent permitted by law
      for
      any losses, costs, damages, and expenses, including reasonable attorneys' fees,
      as they are incurred, in connection with any cause
      of
      action, suit, or other proceeding arising in connection with Employee's
      employment with the Co

    

    
      	
              6.

            	
              Termination;
                Severance Payment

            

    

    

    The
      Company may terminate this Agreement at any time. In the event this Agreement
      is
      terminated other than
      by
      Employee voluntarily or by the Company for Cause (as defined below), or by
      reason of Employee's
      death or permanent disability, Employee shall be entitled to the
      following:

    

    If
      the
      termination of this agreement is within 9 months of the Beginning Date, the
      Employee will be entitled
      to receive a severance payment ("Severance Payment") equal to three month's
      salary. After that employee shall receive the remainder of this one year
      contract.

    

    The
      Company will pay directly to Tatum a portion of any Severance Payments that
      the
      Company may make to Employee equal to the same percentage that applies above
      with respect to Salary. For purposes hereof,
      "Severance Payment" means any payments to Employee by Company in connection
      with
      the termination
      of Employee's employment.

    

    This
      agreement will terminate immediately upon the death or disability of the
      Employee. For purposes of this
      agreement, disability will be as defined by the applicable policy of disability
      insurance or, in the absence
      of such insurance, by the Company's Board of Directors acting in good
      faith.

    

    The
      Salary will be prorated for the final pay period based on the number of days
      in
      the final pay period up to
      the
      effective date of termination or expiration.

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    
      	
              7.

            	
              Miscellaneous

            

    

    

    This
      agreement contains the entire agreement between the parties, superseding any
      prior oral or written statements
      or agreements.

    

    Neither
      the Employee nor the Company will be deemed to have waived any rights or
      remedies accruing under
      this agreement unless such waiver is in writing and signed by the party electing
      to waive the right or
      remedy. This agreement binds and benefits the successors of the
      parties.

    

    The
      provisions of this agreement concerning the payment of salary and bonuses,
      directors' and officers' insurance and confidentiality will survive any
      termination or expiration of this agreement.

    

    The
      terms
      of this agreement are severable and may not be amended except in a writing
      signed by the parties.
      If any portion of this agreement is found to be unenforceable, the rest of
      this
      agreement will be enforceable except to the extent that the severed provision
      deprives either party of a substantial portion of its
      bargain.

    

    This
      agreement will be governed by and construed in all respects in accordance with
      the laws of the State of Arizona, without giving effect to conflicts-of-laws
      principles.

    

    Each
      person signing below is authorized to sign on behalf of the party indicated,
      and
      in each case such signature is the only one necessary.

    

    

    Please
      sign below and return a signed copy of this letter to indicate your agreement
      with its terms and conditions.

    

    

    
      	
              Sincerely
                yours, 

            	 
	 	 
	
              YP
                Corp.

            	 	 
	 	 	 
	
              By:

            	/s/
              Daniel L. Coury, Sr.	 
	
              Signature 

            	 	 
	 	 	 
	
              Name:
                Daniel L. Coury, Sr. 

            	 
	
              Title:
                Chairman and acting CEO 

            	 

    

     

    

    
      	
              Acknowledged
                and agreed by:  

            	 	 	 
	 	 	 	 
	 	
              EMPLOYEE
                

            	 
	 	 	 
	 	
              /s/
                Gary Perschbacher

            	 
	 	
              (Signature)

            	 
	 	 	 
	 	
              Gary
                Perschbacher

            	 
	 	
              (Print
                name) 

            	 
	 	 	 
	 	
              Date:

            	
               3/31/06 

            	 

    

     

     

    -3-

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