Document:

Amended and Restated Employment Agreement (Nicholas Tiliacos)

 Exhibit 10.8 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
 This Amended and Restated Employment Agreement
(the “Agreement”) is dated as of June 1, 2006, by and between Nicholas A. Tiliacos (“Executive”) and Par3 Communications, Inc., a Washington corporation (the “Company”), and sets forth the
terms and conditions with respect to Executive’s employment with the Company as of and after the date of this Agreement. 
 R E C I
T A L S 
 WHEREAS, on October 1, 2002, the Company and Executive entered into an employment agreement (the “Employment
Agreement”); and 
 WHEREAS, the Company desires to continue to employ Executive and Executive desires to continue to be employed by
the Company; and 
 WHEREAS, this Agreement expressly amends and restates the Employment Agreement; 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows: 
 1. Duties and Scope of Employment. 
 (a) Position Responsibilities. Executive is employed as President and Chief Executive Officer of Company and reports to the Company’s
Board of Directors. The duties and responsibilities of Executive include the duties and responsibilities for Executive’s corporate offices and positions as set forth in Company’s bylaws from time to time in effect and such other duties and
responsibilities as the Board may from time to time reasonably assign to Executive, in all cases to be consistent with Executive’s corporate offices and positions. 
 (b) Obligations to the Company. Executive agrees to the best of his ability and experience that he will at all times faithfully perform all of the duties and obligations required of and from Executive,
consistent and commensurate with Executive’s positions, pursuant to the terms hereof and to the reasonable satisfaction of the Company. During the term of Executive’s employment relationship with Company, Executive agrees that he will
devote his full business time and attention to the business of the Company, that the Company will be entitled to all of the benefits and profits arising from or incident to his work services and advice and that he will not directly or indirectly
engage or participate in any business that is competitive in any manner with the business of Company, as a director, officer, advisor or contractor or in any other capacity with respect to any such competitive business, or by making an investment in
any such competitive business. Nothing in this Agreement will prevent Executive from accepting speaking or presentation engagements in exchange for honoraria or from serving on boards of charitable organizations, or from owning no more than 1% of
the outstanding equity securities of a corporation whose stock is listed on a national stock exchange or the Nasdaq 

 
National Market, provided that such activities do not materially interfere with Executive’s obligations to the Company as described above. Executive
agrees that he will comply with and be bound by the Company’s operating policies, procedures and practices from time to time in effect during the term of Executive’s employment relationship with the Company. 
 (c) No Conflicting Obligations. Executive represents and warrants to the Company that he is under no obligations or commitments, whether
contractual or otherwise, that are inconsistent with Executive’s obligations under this Agreement, nor will Executive enter into any such agreement or commitment, contractual or otherwise, in conflict with his obligations under this Agreement.
Executive represents and warrants that he will not use or disclose, in connection with his employment by the Company, any trade secrets or other proprietary information or intellectual property in which any other person has any right, title or
interest and that Executive’s employment by the Company as contemplated by this Agreement will not infringe or violate the rights of any other person or entity. 
 2. Confidentiality Agreement. Executive has signed, the Company’s standard Proprietary Information and Invention Assignment Agreement (the “Confidentiality Agreement”) in the form
attached hereto as Attachment A. Executive hereby represents and warrants to Company that he has complied with all obligations under the Confidentiality Agreement and agrees to continue to abide by the terms of the Confidentiality
Agreement and further agrees that the provisions of the Confidentiality Agreement shall survive any termination of this Agreement or of Executive’s employment relationship with Company. 
 3. Cash Compensation. 
 (a)
Salary. Executive shall receive a base salary as determined by the Compensation Committee and reviewed from time to time (the “Base Salary”), subject to standard payroll deductions and withholdings and payable pursuant
to the Company’s normal payroll practices. 
 (b) Bonuses. Executive’s target incentive bonus is $93,000 for 2006.
Executive’s entitlement to incentive bonuses from the Company is discretionary and shall be determined by the Board or its Compensation Committee in good faith based upon the extent to which Executive’s individual performance objectives
and the Company’s profitability objectives and other financial and nonfinancial objectives are achieved during the applicable bonus period. In the event of Executive’s death or disability during the term of this Agreement, the Company
shall pay to Executive or Executive’s estate the bonus Executive would have earned during the entire year in which death or disability occurred. 
 4. Equity Compensation. Executive has been granted the following options to purchase shares of the Company’s common stock: 1,605,564 shares at an exercise price equal to $0.10 per share on
December 8, 2000, 504,765 shares at an exercise price equal to $0.13 per share on October 12, 2001 and 3,000,000 shares at an exercise price equal to $0.06 per share on October 18, 2002 (collectively, the “Options”).
The Options are subject to the terms of standard Stock Option Agreements, including vesting provisions set forth therein. In the event Executive 

  

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elects to exercise the options as to some or all of the shares prior to the date such shares are vested, such unvested shares will be subject to the right of
the Company to repurchase the shares at the lesser of the original purchase price or the fair market value of the shares at the time of repurchase, which repurchase right will lapse in accordance with the vesting schedule set forth in the Stock
Option Agreements. Executive shall be eligible to participate in any stock option or other incentive programs available to officers or executives of the Company. 
 5. Benefits. 
 (a) General Benefits. Executive is eligible to participate in the
Company’s employee benefit plans of general application to full time employees of the Company in accordance with the rules established for individual participation in any such plan and under applicable law. Executive is eligible for such other
benefits as the Company generally provides to its other employees of comparable position. 
 (b) Vacation. Executive is
entitled to vacation benefits according to the Company’s standard policies. 
 6. Term; At-Will Employment. The employment
of Executive under this Agreement is for an unspecified term. The Company and Executive acknowledge and agree that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment
with the Company may be terminated by either party at any time for any or no reason, and with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages award or
compensation other than as provided in this Agreement. 
 7. Separation Benefits. Executive is entitled to receive separation
benefits upon termination of employment only as set forth in this Section 7; provided, however, that in the event Executive is entitled to any severance pay under a Company-sponsored severance pay plan, any such severance pay to which Executive
is entitled under such severance pay plan shall reduce the amount of severance pay to which Executive is entitled pursuant to this Section 7. In all cases, upon termination of employment Executive will receive payment for all salary and
unused vacation accrued as of the date of Executive’s termination of employment, and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in
effect on the date of termination and in accordance with applicable law. 
 (a) Voluntary Resignation. If Executive voluntarily
elects to terminate Executive’s employment with the Company, Executive shall not be entitled to any severance benefits. 
 (b)
Termination for Cause, Disability or Death. If the Company or its successor terminates Executive’s employment for Cause, as defined below, or if Executive’s employment is terminated on account of Executive’s disability
or death, then Executive shall not be entitled to receive any separation benefits. 
  

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 (c) Involuntary Termination. If Executive’s employment is terminated by the Company or
its successor other than for Cause, as defined below, and other than on account of Executive’s death or disability, or if Executive resigns under circumstances that constitute a Constructive Termination, as defined below, provided Executive
signs a general release of claims with respect to the Company or its successor and related parties within 60 days of such employment termination, Executive shall receive the following separation benefits: (i) continued payment of
Executive’s Base Salary for a period of six (6) months following the date of his termination of services, commencing on the payroll period following the effective date of the Executive’s general release and (ii) if Executive
makes a timely and accurate election and is and remains eligible to continue his current group health insurance coverage (including medical and dental) pursuant to the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), the
Company will pay the applicable premiums to provide coverage for Executive and his eligible dependents for up to six (6) months following the date of Executive’s termination of services, ending at such earlier time as Executive or his
dependents cease to be eligible for COBRA continuation coverage under the Company’s health insurance plan, (iii) a lump sum payment of fifty percent (50%) of Executive’s annual target incentive bonus based on Executive’s
average bonus actually paid for the two calendar years prior to his termination, and (iv) the period to exercise any vested Options (and any options granted to Executive subsequent to the date hereof) that are held by Executive on the date of
termination shall be extended to six (6) months following such date of termination (or such lesser period necessary to avoid any “deferred compensation” within the meaning of Section 409A(d)(1) of the Internal Revenue Code).

 (d) Change of Control. Upon a Change of Control, as defined below, 100% of the unvested shares subject to the Options
described in Section 4 above and any subsequent option grants shall be deemed vested one day prior to such Change of Control. 
 (e)
Definitions. The following definitions shall apply: 
 (i) Cause. For purposes of this Agreement,
“Cause” for Executive’s termination will exist at any time after the happening of one or more of the following events: 
 (1) Executive’s willful failure substantially to perform his duties and responsibilities to the Company or deliberate violation of a Company policy; 
 (2) Executive’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct that has caused or is reasonably expected to result in material injury to the Company; 
 (3) Unauthorized use or disclosure by Executive of any proprietary information or trade secrets of the Company or any other party to whom the Executive
owes an obligation of nondisclosure as a result of his relationship with the Company; or 
 (4) Executive’s willful breach of any of
his obligations under any written agreement or covenant with the Company. 
  

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 (ii) Constructive Termination. For purposes of this Agreement, “Constructive
Termination” shall be deemed to occur if Executive resigns within 30 days following: (A) a material reduction in Executive’s job responsibilities or change in title; (B) relocation by the Company or successor thereto of
Executive’s work site to a facility or location more than 50 miles from Executive’s principal work site for the Company immediately prior to the relocation; or (C) a reduction in Executive’s then-current base salary by at least
15%, provided that an across-the-board reduction in the salary level of all other employees or consultants in positions similar to the Executive’s by the same percentage amount as part of a general salary level reduction shall not constitute
such a salary reduction. 
 (iii) Change of Control. For purposes of this Agreement, “Change of Control”
shall mean a sale of all or substantially all of the Company’s assets, or any merger, consolidation or other transaction of the Company with or into another corporation, entity or person, other than a transaction in which the holders of at
least a majority of the voting securities of the Company outstanding immediately prior to such transaction continue to hold (either by the voting securities remaining outstanding or by their being converted into voting securities of the surviving
entity) at least thirty-three percent (33%) of the total voting power represented by the voting securities of the Company, or such surviving entity, outstanding immediately after such transaction and Executive continues to serve as Chief
Executive Officer of the Company or such surviving entity. 
 8. Successors and Assigns. The rights and obligations under this
Agreement shall benefit and be binding on any successor and/or assign of the Company, and the Company shall cause such successor and/or assign to agree expressly to perform the obligations under this Agreement in the same manner and to the same
extent as the Company would be required to perform such obligations in the absence of a succession. The terms of this Agreement and all of Executive’s rights hereunder shall inure to the benefit of, and be enforceable by, Executive’s
personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. Executive’s obligations under this Agreement may not be assigned. 
 9. Miscellaneous Provisions. 
 (a) No Duty to Mitigate. Executive shall not be required to mitigate the amount of any payment contemplated by this Agreement (whether by seeking new employment or in any other manner), nor, except as otherwise provided in
this Agreement, shall any such payment be reduced by any earnings that Executive may receive from any other source. 
 (b) Amendments
and Waivers. Any term of this Agreement may be amended or waived only with the written consent of the parties. 
 (c) Sole
Agreement. This Agreement, including any Attachments hereto, constitutes the sole agreement of the parties and supersedes all oral negotiations and prior writings with respect to the subject matter hereof. 
  

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 (d) Notices. Any notice required or permitted by this Agreement shall be in writing and
shall be deemed sufficient upon receipt, when delivered personally or by a nationally-recognized delivery service (such as Federal Express or UPS), or 48 hours after being deposited in the U.S. mail as certified or registered mail with postage
prepaid, if such notice is addressed to the party to be notified at such party’s address as set forth below or as subsequently modified by written notice. 
 (e) Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Washington, without giving effect to the principles of
conflict of laws. 
 (f) Dispute Resolution. The parties expressly agree that any dispute regarding the terms of this Agreement
or with respect to the employment relationship between Executive and the Company shall be subject to the jurisdiction and venue of the appropriate federal or State court with subject matter jurisdiction of the dispute located in the County of King
in the State of Washington, or such other federal or State court as the parties may mutually agree. The parties expressly waive their right to jury trial with respect to any claim arising under or in connection with this Agreement or the employment
relationship between Executive and the Company. 
 (g) Severability. If one or more provisions of this Agreement are held to be
unenforceable under applicable law, the parties agree to renegotiate such provision in good faith. In the event that the parties cannot reach a mutually agreeable and enforceable replacement for such provision, then (i) such provision shall be
excluded from this Agreement, (ii) the balance of the Agreement shall be interpreted as if such provision were so excluded and (iii) the balance of the Agreement shall be enforceable in accordance with its terms. 
 (h) Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together will
constitute one and the same instrument. 
 Advice of Counsel. EACH PARTY TO THIS AGREEMENT ACKNOWLEDGES THAT, IN EXECUTING THIS AGREEMENT, SUCH
PARTY HAS HAD THE OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND HAS READ AND UNDERSTOOD ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR
PREPARATION HEREOF. 
 [Signature Page Follows] 
  

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 The parties have executed this Agreement the date first written above. 
  

			
	PAR3 COMMUNICATIONS, INC.
		
	 By:
	 	 /s/ John Malloy

	Title:	 	John Malloy, Director
		
	Address:	 	821 Second Ave., 10th Floor
		 	 Suite 1000
 Seattle, WA 98104

  

			
	NICHOLAS A. TILIACOS
		
	 Signature:
	 	 /s/ Nicholas Tiliacos

		
	Address:	 	821 Second Ave., 10th Floor
		 	 Suite 1000
 Seattle, WA 98104

 SIGNATURE PAGE TO EMPLOYMENT AGREEMENT BETWEEN 
 PAR3 COMMUNICATIONS, INC. AND NICHOLAS A. TILIACOSEmployment Agreement (John Flavio)

 Exhibit 10.9 
 February 21, 2007 
 John Flavio 
 Dear John: 
 On behalf of PAR3 Communications, Inc. (the “Company”), I am pleased to offer you the position of
Chief Financial Officer of the Company on the following terms: 
 1. Position. 
 (a) You will be employed as the Chief Financial Officer of the Company, working out of the Company’s headquarters office in Seattle, Washington. You
will report to the Chief Executive Officer of the Company. Your duties and responsibilities shall include the duties and responsibilities customarily associated with your corporate offices and positions and such other duties and responsibilities
assigned by the Chief Executive Officer and the Board of Directors, including the duties and responsibilities set forth in the Company’s bylaws from time to time in effect, in all cases to be consistent with your corporate offices and
positions. Concurrent with the commencement of your employment with the Company, you will resign from the Company’s Board and all Committees you are then serving on. 
 (b) You agree to the best of your ability and experience that you will at all times loyally and conscientiously perform all of the duties and obligations required of and from you pursuant to the express and implicit
terms hereof, and to the reasonable satisfaction of the Company. During the term of your employment, you further agree that you will devote all of your business time and attention to the business of the Company, the Company will be entitled to all
of the benefits and profits arising from or incident to all such work services and advice, you will not render commercial or professional services of any nature to any person or organization, whether or not for compensation, without the prior
written consent of the Company, and you will not directly or indirectly engage or participate in any business that is competitive in any manner with the business of the Company. The Company hereby acknowledges and consents to your continued service
on the board of ProV International so long as such service does not interfere with, or conflict with, your obligations to the Company hereunder. Nothing in this letter agreement (this “Agreement”) will prevent you from accepting
speaking or presentation engagements in exchange for honoraria or from serving on boards of charitable organizations, or from owning no more than one percent (1%) of the outstanding equity securities of a corporation whose stock is listed on a
national stock exchange. 
 2. Start Date. Subject to fulfillment of any conditions imposed by this Agreement, you will
commence this new position with the Company on April 2, 2007 (the “Start Date”). 

 3. Proof of Right to Work. For purposes of federal immigration law, you will be required to
provide to the Company documentary evidence of your identity and eligibility for employment in the United States. Such documentation must be provided to us within three business days of your date of hire, or our employment relationship with you may
be terminated. 
 4. Cash Compensation. 
 (a) Salary. You will be paid a monthly salary of $18,750, which is equivalent to $225,000 on an annualized basis (the “Base Salary”), subject to standard payroll deductions and
withholdings and payable pursuant to the Company’s regular payroll practices. The Base Salary will be reviewed annually as part of the Company’s normal salary review process. 
 (b) Bonus. Your annual target incentive bonus will be $65,000. Your entitlement to incentive bonuses from the Company is discretionary and
shall be determined by the Board or its Compensation Committee in good faith, consistent with past practices for your position, and based upon the extent to which your individual performance objectives and the Company’s profitability objectives
and other financial and nonfinancial objectives are achieved during the applicable bonus period. 
 5. Stock Option Grant.

 (a) In connection with the commencement of your employment, the Company will
recommend that the Board of Directors grant you an option to purchase 1,400,000 shares of the Company’s Common Stock (“New Option Shares”) with an exercise price equal to the fair market value on the date of the grant. The New
Option Shares will vest at the rate of 25% of the shares on the twelve (12) month anniversary of your Vesting Commencement Date (as defined in your Stock Option Agreement, which date will be your Start Date, as defined above) and 1/48th of the total number of New Option Shares per month thereafter. Vesting will, of course, depend on your continued employment with the Company. The option will
be subject to the terms of the Company’s 2000 Stock Option Plan and the Stock Option Agreement between you and the Company. The Options will be immediately exercisable in whole or in part subject to the Company’s right to repurchase, at
the lower of (i) the original purchase price or (ii) the then fair market value of the Company’s Common Stock , the portion of shares that is unvested in the event your service with the Company terminates before your shares are fully
vested. 
 (b) In addition, the option granted to you on July 14, 2006 to purchase 300,000 shares of the Company’s Common
Stock will remain outstanding and continue to vest in accordance with the terms of the Stock Option Agreement between you and the Company (the “Existing Option Shares”). 
 (c) In the event that within twelve (12) months following a Change in Control, the Company terminates your employment without Cause (as defined
below) or you resign under circumstances that constitute a Constructive Termination (as defined below) (a “Change in Control Termination”), any remaining unvested portion of all stock options held by you, including the New Option Shares
and the Existing Option Shares, shall have the vesting accelerated such that all options are fully vested and exercisable as of the date of the Change in Control Termination (the 

 
“Acceleration”). Your receipt of the Acceleration is contingent upon your signing a general release of claims with respect to the Company or its
successor and related parties within 60 days of such employment termination. 
 6. Benefits. 
 (a) Insurance Benefits. The Company will provide you with the opportunity to participate in the standard benefits plans currently available
to other Company employees, subject to any eligibility requirements imposed by such plans. 
 (b) Vacation; Sick Leave. You
will be entitled to paid time off according to the Company’s standard policies. 
 7. Relocation Assistance. The Company
agrees to provide assistance with your relocation to Seattle as follows: The Company will reimburse you for the reasonable cost of packing, transportation, and unpacking of your household goods and one (1) automobile provided that you agree to
provide documentation to support any such costs in accordance with the Company’s generally applicable policies. In addition, the Company agrees to pay you $10,000 to cover travel and incidental expenses related to your relocation. The Company
will withhold from all such payments any amounts that are required by law (such as for federal income taxes, FICA and unemployment insurance) and any amounts received by you for relocation expense reimbursement will be reported as taxable income to
you in the year received as required by applicable tax law, except to the extent such amounts are excludable from adjusted gross income under applicable tax law. 
 8. Separation Benefits. You will be entitled to receive separation benefits upon termination of employment only as set forth in this Paragraph 8; provided, however, that in the event you are
entitled to any severance pay under a Company-sponsored severance pay plan, any such severance pay to which you are entitled under such severance pay plan shall reduce the amount of severance pay to which you are entitled pursuant to this Paragraph
8. In all cases, upon termination of employment you will receive payment for all salary and unused vacation accrued as of the date of your termination of employment, and your benefits will be continued under the Company’s then existing
benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law. 
 (a) Voluntary Resignation. If you voluntarily elect to terminate your employment with the Company, you will not be entitled to any severance benefits. 
 (b) Termination for Cause, Disability or Death. If the Company or its successor terminates your employment for Cause, as defined below, or
if your employment is terminated on account of your disability or death, then you will not be entitled to receive any separation benefits. 
 (c) Involuntary Termination. If your employment is terminated by the Company or its successor other than for Cause, as defined below, and other than on account of your death or disability, or if you resign under circumstances
that constitute a Constructive 

 
Termination, as defined below, provided you sign a general release of claims with respect to the Company or its successor and related parties within 60 days
of such employment termination, you will receive the following separation benefits: (i) continued payment of your Base Salary for a period of six (6) months following the date of termination of services, commencing on the payroll period
following the effective date of the general release executed by you and (ii) reimbursement for the premium cost for continued health insurance coverage (including medical and dental) for you and your eligible dependents to the extent provided
under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) for up to six (6) months following the date of termination of your employment, ending at such earlier time as you or your dependents cease to be eligible for
COBRA continuation coverage under the Company’s health insurance plan. 
 9. Definitions. The following definitions shall
apply hereunder: 
 (i) Cause. For purposes of this Agreement, “Cause” for your termination will exist at any
time after the happening of one or more of the following events that has caused or is reasonably expected to result in material injury to the Company: 
 (1) A reasonable and good faith determination by the Board of Directors that you have willfully failed substantially to perform your duties and responsibilities to the Company, provided that such determination is
preceded by a written demand for substantial performance delivered to you by the Board of Directors specifically identifying the manner in which it believes that you have not substantially performed your duties or responsibilities, identifying the
measures that will constitute an acceptable cure and providing a reasonable period (not less than twenty (20) days) for you to cure such failure (it being understood that neither bad judgment nor mere negligence nor any act or omission
reasonably believed by you to have been in, or not opposed to, the interests of the Company, shall constitute a substantial failure to perform your duties or responsibilities); 
 (2) Commission of any act of fraud, embezzlement, dishonesty, deliberate violation of a Company policy or any other willful misconduct; 
 (3) Unauthorized use or disclosure of any proprietary information or trade secrets of the Company or any other party to whom you owe an obligation of
nondisclosure as a result of your relationship with the Company; or 
 (4) Willful breach of any of your other obligations under any written
agreement or covenant with the Company. 
 (ii) Constructive Termination. For purposes of this Agreement,
“Constructive Termination” shall be deemed to occur if you resign within 30 days following (A) a material reduction in your job responsibilities or change in title; (B) relocation by the Company or successor thereto of
your work site to a facility or location more than 50 miles from your principal work site for the Company immediately prior to the relocation; or (C) a reduction in your then-current base salary by at least 15%, provided that an
across-the-board reduction in the salary level of all other employees or consultants in positions similar to your position by the same percentage amount as part of a general salary level reduction shall not constitute such a salary reduction.

 (iii) Change in Control. For purposes of this Agreement, “Change of
Control” shall mean a sale of all or substantially all of the Company’s assets, or any merger, consolidation or other transaction of the Company with or into another corporation, entity or person, other than a transaction in which the
holders of at least a majority of the voting securities of the Company outstanding immediately prior to such transaction continue to hold (either by the voting securities remaining outstanding or by their being converted into voting securities of
the surviving entity) at least thirty-three percent (33%) of the total voting power represented by the voting securities of the Company, or such surviving entity, outstanding immediately after such transaction and you continue to serve as Chief
Financial Officer of the Company or such surviving entity. 
 10. Confidential Information and Invention Assignment Agreement.
Your acceptance of this offer and commencement of employment with the Company is contingent upon the execution, and delivery to an officer of the Company, of the Company’s Proprietary Information and Inventions Agreement, a copy of which is
enclosed for your review and execution (the “Confidentiality Agreement”), prior to or on your Start Date. 
 11.
At-Will Employment. Your employment with the Company will be on an “at will” basis, meaning that either you or the Company may terminate your employment at any time for any reason or no reason, without further obligation or
liability beyond what is provided for in this Agreement. 
 12. No Conflicting Obligations. You understand and agree that by
accepting this offer of employment, you represent to the Company that your performance will not breach any other agreement to which you are a party and that you have not, and will not during the term of your employment with the Company, enter into
any oral or written agreement in conflict with any of the provisions of this Agreement or the Company’s policies. You are not to bring with you to the Company, or use or disclose to any person associated with the Company, any confidential or
proprietary information belonging to any former employer or other person or entity with respect to which you owe an obligation of confidentiality under any agreement or otherwise. The Company does not need and will not use such information and we
will assist you in any way possible to preserve and protect the confidentiality of proprietary information belonging to third parties. Also, we expect you to abide by any obligations to refrain from soliciting any person employed by or otherwise
associated with any former employer and suggest that you refrain from having any contact with such persons until such time as any non-solicitation obligation expires. 
 13. Entire Agreement. This Agreement, together with the Confidentiality Agreement, sets forth the entire agreement and understanding between you and the Company relating to your employment and
supersedes all prior agreements and discussions between us. This Agreement may not be modified or amended except by a written agreement, signed by an officer of the Company. This Agreement will be governed by the laws of the State of Washington
without regard to its conflict of laws provision. 

 We are all delighted to be able to extend you this offer and look forward to working with you. To
indicate your acceptance of the Company’s offer, please sign and date this letter in the space provided below and return it to me, along with a signed and dated copy of the Confidentiality Agreement. 
  

									
	Very truly yours,	 		 		 	ACCEPTED AND AGREED:
				
	PAR3 COMMUNICATIONS, INC.	 		 		 	JOHN FLAVIO
					
	By:	 	 /s/ Nicolas Tiliacos
	 		 		 	 /s/ John Flavio

		 	Nicolas Tiliacos	 		 		 	Signature
		 	Chief Executive Officer	 		 		 	February 21, 2007
		 		 		 		 	Date

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