Document:

exhibit_10-2.htm

  

    Exhibit
10.2

     

    [SanDisk
Letterhead]

    

    ____________,
2008

     

    _______________

    _______________

    _______________

     

    Dear
___________:

     

    As you may know, Section 409A of the Internal Revenue
Code (“Section 409A”) imposes new requirements on a wide range of nonqualified
deferred compensation arrangements.  Section 409A defines
nonqualified deferred compensation arrangements broadly to include stock options
and other equity-based awards that do not meet certain requirements set forth in
the IRS regulations.  To the extent these awards had not vested as of
December 31, 2004 when Section 409A went into effect, they may be subject to the
requirements of Section 409A.  Failure to comply with Section 409A may
result in severe penalties for you under the tax law.

     

    The
purpose of this letter agreement is to amend the agreements that evidence
certain stock options granted to you by SanDisk Corporation (the “Company”) in a
manner intended to comply with Section 409A.  Specifically, certain of
your option grants include a “limited stock appreciation right” (the “Limited
SAR”) that would allow you to surrender your option for a cash payment if a
“hostile take-over” (as that term is defined in the applicable option plan) of
the Company occurs.  The Limited SAR provision may cause your options
to be treated as deferred compensation subject to Section
409A.

     

    Below
is a list of your outstanding option grants (your “Outstanding Options”) that
include the Limited SAR provision and had not vested as of December 31,
2004:

     

    
      	
              Date
      of Grant

              (as
      indicated on your

              award
      agreement)

            	
               

              Per-Share

              Exercise
    Price

            	
               

              Total
      Number of

              Shares
    Granted

            	
               

              Shares
      Not Vested

              As of
    12/31/04

            
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      

    

    

    By
signing and returning this letter, you agree that, effective immediately, your
Outstanding Options are amended so that the Limited SAR provision will not apply
to the portion of your option that had not vested as of December 31,
2004.  This letter agreement does not modify any other terms of your
Outstanding Options.  In other words, the existing vesting schedule
and other provisions of your Outstanding Options will continue in
effect.  This letter agreement also does not modify any portion of
your Outstanding Options that had vested as of December 31, 2004.

     

    This
amendment is intended to help you avoid incurring tax
penalties.  Please note that you remain solely liable for your own tax
liability with respect to your Outstanding Options.

     

    If
this letter accurately sets forth our agreement with respect to the foregoing
matters, please sign the enclosed copy of this letter and return it to
me.  Please contact me at [__________]
if you have any questions.

     

    Sincerely,

     

     

    
 

    [Name]

    [Title]

     

    Acknowledged
and Agreed:

     

     

    By:           

               [Name]ex101.htm

    Exhibit
10.1

     

    
 

    
      AMENDMENT TO EXECUTIVE
EMPLOYMENT AGREEMENT

       

      This Amendment to Executive Employment
Agreement is executed this 6th day of
November, 2008 by and between Gen2Media Corp. (“the Company”) and ______________
(“Employee”).

       

      1.           This
Agreement amends that certain Executive Employment Agreement between the parties
dated May 1, 2008 (“the Agreement”).

       

      2.           The
Agreement is hereby amended to provide that the base salary of the Employee is
changed to $125,000 per year for the life of the Agreement. This increase shall
be effective as of November 1, 2008, and shall be paid beginning with the
November 15 paycheck.

       

      3.           The
Agreement is further amended to provide that the Incentive Bonus provided in
paragraph 3(b) thereof is eliminated, and there shall no longer be a cash bonus
provision in the Agreement.

       

      4.           In
consideration of this Amendment, Employee hereby forgives any and all past
salaries or other compensation due him from prior services rendered to the
Company.

       

      5.           Other
than as specifically amended hereby, all other terms and provisions of the
Agreement shall remain in full force and effect.

       

      Wherefore, this Agreement is entered
into this 6th day of
November, 2008.

       

       

      
        
          
            
              
                
                  
                    
                      
                        
                          	Gen2Media
      Corp.	 	Employee	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	By:	
                                  /s/

                                	 	By:	
                                  /s/
      

                                	 
	 	
                                  Jim
      Byrd, CEOex108.htm

    
    

     

    Exhibit
10.8

     

     

     

     

    
      	 	 	 	
               

            
	 	 	 	International
      Business Machines Corporation 
	 	 	 	Hudson Valley
      Research Park
	 	 	 	
              2070
      Route 52

              Hopewell
      Junction, NY 12533-6531

            

    

     

     

     

    Mr. Gary
Jones

    President
and Chief Executive Officer

    eMagin
Corporation

    Hudson
Valley Research Park

    2070
Route 52

    
      	Hopewell Junction,
      NY 12533-6531	 	 	May 28,
    2002

    

     

    Subject :
Third Amendment to the Lease executed on May 28, 1999, between International
Business Machines Corporation (IBM) and eMagin Corporation

     

    Dear Mr.
Jones:

     

    This
letter, upon your signed acceptance, amends the above referenced Lease between
IBM and eMagin Corporation for space located at the Hudson Valley Research Park
in Hopewell Junction, New York. The Lease shall be amended as
follows:

     

    Replace
"EXHIBIT Al", dated 07-02-99 in its entirety with "EXHIBIT Al," effective date
06-01-02. 

     

    Replace
"EXHIBIT A2', dated 01-15-99 in its entirety with "EXHIBIT A2," effective date
06-01-02. 

     

    Replace
"EXHIBIT A3", dated 01-15-99 in its entirety with "EXHIBIT A3," effective date
06-01-02. 

     

    Replace
"SCHEDULE A", dated 06-01-99 in its entirety with "SCHEDULE A" effective date
06-01-02. 

     

    Replace
"SCHEDULE B", dated 06-01-99 in its entirety with "SCHEDULE Et" effective date
06-02-02.

     

    Except as
amended herein, all the terms and conditions of the Lease shall remain in full
force and in effect. Please indicate your acceptance by signing two (2) copies
of this letter and returning them to IBM for counter signature. Thank
you.

     

    Accepted and agreed to:

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    	INTERNATIONAL
      BUSINESS	 	 	eMagin
      CORPORATION	 
	MACHINES
      CORPORATION	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	By:	
                                            /s/
      Raymond J. Wagner

                                          	 	 	By: 	
                                            /s/ Gary
      Jones

                                          	 
	 	
                                            Raymond
      J. Wagner

                                          	 	 	 	
                                            Gary
      Jones

                                          	 
	 	
                                            Senior
      Program Manager

                                          	 	 	 	
                                            President
      and Chief Executive Officer

                                          	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Date:	06/05/02	 	 	Date: 	June
      5, 2002	 

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    
 

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    SCHEDULE
A

     

    eMagin
CORPORATION

     

    BASE
RENT COMPUTATION SCHEDULE

     

    
      
        	 	 	 	 	
                 

              	
                Effective
      06/01/02 

              
	 	 	 	 	 	 
	
                Space
      Type

              	
                Net

                Productive

                Sq. Ft.

              	This
      
Amendment	
                Rate

                $/NPSF

              	
                Annual

                Base Rent

              	 
	 	 	 	 	 	 
	
                Wet

              	
                 3004

              	
                 -3004

              	
                 $22.00

              	
                 $0.00

              	 
	 	 	 	 	 	 
	
                Dry 

              	
                 7691

              	
                 0

              	
                 $18.00

              	
                 $138,438.00

              	 
	 	 	 	 	
                 

              	 
	
                Office 

              	
                 11209

              	
                 -1997

              	
                 $15.00

              	
                 $138,180.00

              	 
	 	 	 	 	 	 
	
                Clean 

              	
                 16316

              	
                 0

              	
                 $30.00

              	
                 $489,480.00

              	 
	
                 

              	 	 	 	 	 
	
                Storage 

              	
                 9727

              	
                 5001

              	
                 $5.00

              	
                 $73,640.00

              	 
	 	 	 	 	
                 

              	
                 Net Prod.
      Rent

              
	
                Total Sq.
      Ft. 

              	
                 47,947.00

              	
                 0

              	 	
                 $839,738.00

              	
                 $ per
      Year

              
	 	 	 	 	
                 

              	 
	 	
                 New Total Sq.
      Ft

              	
                 47,947.00

              	 	 	 
	 	 	 	 	 	 
	 Amortized Loan
      Payment	 	 	
                $47,231.76 

              	 
	 	 	 	 	 	 
	
                 $155,000
      Fit-up cost at 18.0% at a 5 yr term7

                ( See Schedule-E )

              	 	 	
                 $888,969.76

              	Total Rent
      Charge 
	 	 	 	 	
                $73,914.15 

              	Rent $ per
      Mo. 
	 	 	 	 	 	 
	 	 	 	 	
                 $18.50:

              	
                per Sq.
      Ft. per Yr.

                Avg.
Rent 

              

      

    

     

    Deriving
Net Rentable Basis

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	
                                              Building

                                              Number

                                            	
                                              Net
      

                                              Productive

                                              Sq. Ft. 

                                            	
                                               

                                              NP
      to NR 

                                              Factor

                                            	
                                               

                                              Net
      

                                              Rentable

                                              Sq. Ft.

                                            	 	
                                              Net
      Rentable

                                              Delta
  (Sq.Ft.)

                                            
	
                                              310

                                            	
                                              10352

                                            	
                                              1.26

                                            	
                                              13043.52

                                            	 
      	
                                              2692

                                            
	
                                              320

                                            	
                                              0

                                            	
                                              1.27

                                            	
                                              0

                                            	 
      	
                                              0

                                            
	
                                              321

                                            	
                                              0

                                            	 
      	
                                              0

                                            	 
      	
                                              0

                                            
	
                                              330

                                            	
                                              28991

                                            	
                                              1.26

                                            	
                                              36528.66

                                            	 
      	
                                              7538

                                            
	
                                              334

                                            	
                                              8604

                                            	
                                                1.47

                                            	
                                              12647.88

                                            	 
      	
                                              4044

                                            
	640	 0	 	

                                              0

                                            	 	

                                              0

                                            
	Total     	
                                                      47,947.00

                                            	 
      	
                                              62,220

                                            	 
      	
                                              14,273

                                            

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        	BOMA Formula
      for Net Productive to Net Rentable	 	 	 Date
      05/24/02
	 	 	 	 	 
	
                Building
      Rentable

              	 = Bulding Net
      Rentable	
                 Example

              	
                 475000

              	 =
    1.55
	
                Building Net Productive 

              	 	
                 308300

              
	 	 	 	 	 

      

    

    
       

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      
        
        

      

    

    SCHEDULE
B

     

    eMagin
CORPORATION

     

    BASE
RENT PAYMENT SCHEDULE

    Effective
Date

     

    06/01/02

    
      
        	 
      	 
      	
                1999

              	
                2000

              	
                2001

              	 
      	
                2002

              	
                2003

              	
                2004

              
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                January

              	 
      	
                $70,589.25

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $79,833.98

              	
                $73,914.15

              	
                $73,914.15

              
	
                February

              	 
      	
                $70,589.25

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $79,833.98

              	
                $73,914.15

              	
                $73,914.15

              
	
                March

              	 
      	
                $70,589.25

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $79,833.98

              	
                $73,914.15

              	
                $73,914.15

              
	
                April

              	 
      	
                $70,589.25

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $79,833.98

              	
                $73,914.15

              	
                $0.00

              
	
                May

              	
                1

              	
                $70,589.25

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $79,833.98

              	
                $73,914.15

              	
                $0.00

              
	
                June

              	
                1

              	
                $71,308.31

              	
                $79,833.98

              	
                $79,833.98

              	
                2

              	
                $73,914.15

              	
                $73,914.15

              	
                $0.00

              
	
                July

              	 
      	
                $71,308.31

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $73,914.15

              	
                $73914.15

              	
                $0.00

              
	
                Aug

              	 
      	
                $79,833.98

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $73,914.15

              	
                $73,914.15

              	
                $0.00

              
	
                September

              	 
      	
                $79,833.98

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $73,914.15

              	
                $73,914.15

              	
                $0.00

              
	
                October

              	 
      	
                $79,833.98

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $73,914.15

              	
                $73,914.15

              	
                $0.00

              
	
                November

              	 
      	
                $79,833.98

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $73,914.15

              	
                $73,914.15

              	
                $0.00

              
	
                December

              	 
      	
                $79,833.98

              	
                $79,833.98

              	
                $79,833.98

              	 
      	
                $73,914.15

              	
                $73,914.15

              	
                $0.00

              
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Total

              	 
      	
                $894,732.77

              	
                $958,007.76

              	
                $958,007.76

              	 
      	
                $916,568.93

              	
                $886,969.76

              	
                $221,742.44

              

      

    

    
 

    Notes:

     

    1. $8,525.67
Per Mo., credit for 6,254 S/F in B/310, under consturciotn &
unabavaible7

    2. Reclassified
office and lab (5,000 s.f.) to storage space

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}]]