Document:

FOR VALIDATION PURPOSES ONLY - [718818.EX10_13]

 Exhibit 10.13 

EXECUTION COPY 
 VTB
HOLDINGS, INC. 
 2011 PHANTOM EQUITY APPRECIATION PLAN 

VTB Holdings, Inc., a Delaware corporation (the “Company”), wishes to attract employees, directors and consultants to the Company
and its Affiliates, to induce employees, directors and consultants to remain with the Company and its Affiliates, to encourage them to increase their efforts to make the Company’s business more successful and to enhance equity holder value. In
furtherance thereof, the VTB Holdings, Inc. 2011 Phantom Equity Appreciation Plan (the “Plan”) is designed to provide employees, directors and consultants of the Company and its Affiliates with an additional incentive through the grant of
Phantom Units. 
 ARTICLE I. 

DEFINITIONS. 
 Whenever used herein and
unless otherwise provided in a Participant’s Award Agreement, the following terms shall have the meanings set forth below: 
 1.1.
“Affiliate” means, with respect to any Person, (i) each Person that, directly or indirectly, owns or controls, whether beneficially, or as a trustee, guardian or other fiduciary, ten percent (10%) or more of the stock having
ordinary voting power in the election of directors of such Person, (ii) each Person that controls, is controlled by or is under common control with such Person, and (iii) each of such Person’s officers, directors, managers (in the
case of any Person that is a manager-managed limited liability company), and general partners. For the purpose of this definition, “control” of a Person shall mean the possession, directly or indirectly, of the power to direct or cause the
direction of its management or policies, whether through the ownership of voting securities, by contract or otherwise. With respect to any natural person, “Affiliates” shall also include, without limitation, such person’s
spouse, issue, parents, siblings, and any trust the beneficiaries or grantor of which are limited solely to such person and/or such other persons. 

1.2. “Authority” means the United States of America or any other nation, any state or other political subdivision thereof, or any
entity, agency or authority (foreign, federal, state or local) exercising executive, legislative, judicial, regulatory or administrative functions of government or any court, tribunal or arbitrator, and any self-regulatory organization. 

1.3. “Approved Sale” shall have the meaning given such term in the Stockholders Agreement; provided, however, that an Approved Sale
will not be deemed to have occurred unless such event would also be a “change in control” under Code Section 409A or would otherwise be a permitted distribution event under Code Section 409A. 

1.4. “Award” means a grant of Phantom Units under the Plan. 

1.5. “Award Agreement” means the written agreement between the Company and a Participant pursuant to which an Award is granted and
which specifies the terms and conditions of that Award, including the vesting requirements applicable to that Award. All Awards shall be evidenced by an Award Agreement. 

 1.6. “Board” means the Board of Directors of the Company. 

1.7. “Cause” shall have the meaning ascribed to it in the Participant’s employment or consulting agreement or, if no employment
or consulting agreement is in effect or if “cause” is not defined therein, “Cause” shall mean: 
 (a) the
Participant’s conviction of or plea of guilty or nolo contendere to a felony; 
 (b) a determination by the Board that
the Participant committed fraud, misappropriation or embezzlement against any Person; 
 (c) the Participant’s material
breach of the terms of any material written agreement with the Company or any Affiliate to which Employee is a party; 
 (d)
the Participant’s willful misconduct or gross neglect in performance of Participant’s duties; or 
 (e) the
Participant’s failure or refusal to carry out material responsibilities reasonably assigned by the Board or the Company’s Chief Executive Officer to the Participant; 

provided, however, that with respect to subsections (c), (d) and (e) above, Cause will only be deemed to occur after written notice to
the Participant of such action or inaction giving rise to Cause and the failure by the Participant to cure such action or inaction (which is capable of cure) within 30 days after written notice. 

1.8. “Code” means the Internal Revenue Code of 1986, as amended. 

1.9. “Committee” means the committee appointed by the Board to administer the Plan, or if no such committee is appointed, the Board.

 1.10. “Common Shares” means shares of Common Stock. 

1.11. “Common Stock” means the Company’s Common Stock, par value $.01. 

1.12. “Common Stockholder” means holders of the Company’s Common Stock. 

1.13. “Effective Date” means November 9, 2011. 

1.14. “Grant Date” means the effective date on which the Committee grants Phantom Units to a Participant. 

1.15. “Grant Date Value” means the initial value of each Phantom Unit as determined in the sole discretion of the Committee on the
Grant Date and as set forth in the Participant’s Award Agreement and relative to which the Unit Appreciation Value shall be calculated. 

1.16. “Participant” means any employee, director or consultant of the Company or any of its Affiliates to whom an Award is made.

  
 2 

 1.17. “Payment Date Value” means upon an Approved Sale, the consideration to be paid to
the Common Stockholders of the Company with respect to each outstanding share of Common Stock (on a fully diluted basis). 
 1.18.
“Person” means an individual, a general or limited partnership, a corporation, a limited liability company, an association, a joint stock company, a business or other trust, a joint venture, a company, an unincorporated organization, an
Authority or any other legal entity. 
 1.19. “Phantom Unit” means a hypothetical unit designated by the Company as a metric for
measuring future payments. Phantom Units do not represent Common Shares or any other equity security of the Company or its Affiliates, nor does a Phantom Unit provide any rights to obtain ownership of any Common Shares or any other equity security
of the Company of its Affiliates. 
 1.20. “Stockholders Agreement” means the VTB Holdings, Inc. Stockholders Agreement dated
January 7, 2011 entered into in connection with the consummation of the transactions contemplated by that certain Stock Purchase Agreement dated September 28, 2010. 

1.21. “Termination of Service” means a Participant’s termination of employment or other service, as applicable, with the
Company and all of its Affiliates for any reason, including without limitation, death, disability, termination by the Company or any of its Affiliates with or without Cause and resignation by the Participant. For purposes of the Plan, unless
otherwise determined by the Committee in its sole discretion, a change in the capacity in which a Participant is employed by, or otherwise providing services to, the Company and/or its Affiliates or a change in the entity employing the Participant
or to which the Participant otherwise provides services will not be deemed a Termination of Service so long as the Participant continues providing services as an employee, director or consultant to the Company or an Affiliate of the Company. If a
Participant’s employment or other service relationship is with an Affiliate of the Company and that entity ceases to be an Affiliate of the Company, the Participant will be deemed to have incurred a Termination of Service when the entity ceases
to be an Affiliate of the Company unless the Participant transfers employment or other service to the Company or its remaining Affiliates. 

1.22. “Unit Appreciation Value” means with respect to each Phantom Unit, the amount, if any, by which the Payment Date Value exceeds
the Grant Date Value. 
 ARTICLE II. 

EFFECTIVE DATE AND TERMINATION OF THE PLAN. 

The Plan shall become effective on the Effective Date and shall terminate on the tenth anniversary of the Effective Date; provided, however, that the
Committee may at any time prior to the tenth anniversary of the Effective Date terminate the Plan; provided further, however, that the termination of the Plan shall not impact any Awards that are outstanding as of the date of such termination. 

  
 3 

 ARTICLE III. 

ADMINISTRATION OF THE PLAN. 
 The Plan
shall be administered by the Committee, who shall have full responsibility and authority to administer the Plan. The Committee shall have full authority to (i) determine to whom Awards will be granted, (ii) determine the amount of Awards
to be granted, (iii) determine the terms and conditions of Awards (including, but not limited to, restrictions as to vesting, transferability or forfeiture, settlement of an Award and waivers or accelerations thereof, based in each case on such
considerations as the Committee shall determine) and all other matters to be determined in connection with an Award and (iv) otherwise do all things it deems appropriate to carry out the purposes of the Plan. Any interpretation by the Committee
of the terms and provisions of the Plan and Award Agreements and the administration thereof, and all actions taken by the Committee, shall be final and binding on Participants and all other Persons. 

ARTICLE IV. 

ELIGIBILITY, GRANT AND VESTING. 

4.1. Eligibility. Any employee, director and consultant of the Company or its Affiliates who is designated by the Committee as eligible
to participate in the Plan shall be eligible to receive an Award under the Plan. 
 4.2. Phantom Units. The maximum number of Phantom
Units available for grant under the Plan shall be 991,692. 
 4.3. Grant of Phantom Units. Subject to the other terms of the Plan,
the Committee shall, in its sole discretion as reflected by the terms of the applicable Award Agreement: (i) determine and designate from time to time those Participants to whom Phantom Units are to be granted and the number of Phantom Units to be
granted to each such Participant, considering the position and responsibilities of the Participant, the nature and value to the Company of the Participant’s present and potential contribution to the success of the Company, whether directly or
through an Affiliate, and such other factors as the Committee may deem relevant; (ii) determine the Grant Date Value of each Phantom Unit; (iii) determine the time or times when, and the manner and conditions under which, each Phantom Unit
shall be vested and paid-out; and (iv) determine or impose other conditions to the grant of Phantom Units under the Plan as it may deem appropriate. 

4.4. Vesting. The Committee may condition the vesting upon: (i) the Participant’s continued employment or other service with
the Company or any of its Affiliates over a period of time; (ii) the Company’s or any of its Affiliates’ attainment of specified financial targets; (iii) the achievement by the Participant, the Company or any of its Affiliates of
any other performance goals set by the Committee; or (iv) any combination of the above conditions, as specified in the relevant Award Agreement. In addition, upon an Approved Sale, the Committee may condition vesting and payment of the Unit
Appreciation Value upon the Participant’s continuation of employment with the Company or a successor entity or such other conditions as the Committee shall determine. The Committee may, in its sole discretion and at any time, accelerate the
vesting of all or part of any Award. 

  
 4 

 ARTICLE V. 

PAYMENT OF VESTED UNIT APPRECIATION VALUE 

5.1. Subject to Section 5.3 below, upon an Approved Sale, the Unit Appreciation Value with respect to each vested Phantom Unit shall be
payable in the same manner, according to the same schedule and at the same time as payments are made to Common Stockholders of the Company in connection with such Approved Sale (and as such, each Participant recognizes that his or her payment of the
Unit Appreciation Value may not be made in full until the expiration of any escrow, holdback, earnout, indemnification or similar condition); provided, however, that unless otherwise permitted by Code Section 409A, no payments of the Unit
Appreciation Value shall be made in respect of an Approved Sale after the fifth anniversary thereof. 
 5.2. Upon payment of the Unit
Appreciation Value pursuant to this Article V: (i) the vested Phantom Units with respect to which such payments were made shall be cancelled; and (ii) any unvested Phantom Units shall be cancelled for no consideration; and in both cases,
no further payments shall be made from the Plan in relation to such Phantom Units. 
 5.3. In accordance with Code Section 409A, with
respect to an Approved Sale, the Committee, in its sole discretion, may condition payment of the Unit Appreciation Value upon the Participant’s continuation of employment with the Company or a successor entity or such other conditions as the
Committee shall determine. 
 ARTICLE VI. 

TERMINATION OF SERVICE 

6.1. Unless specifically provided otherwise in an Award Agreement or as otherwise provided by the Committee in its sole discretion, in the
event that a Participant incurs a Termination of Service for any reason (excluding a termination for Cause), (i) the Participant’s unvested Phantom Units shall immediately terminate and be cancelled for no consideration and (ii) the
Participant’s vested Phantom Units shall remain outstanding until an Approved Sale. 
 6.2. If a Participant is terminated for Cause,
the Participant shall forfeit his or her entire Award, including all vested and unvested Phantom Units. 
 ARTICLE VII. 

LIMITS ON TRANSFERABILIY OF AWARDS. 
 No
Award or other right or interest of a Participant under the Plan shall be pledged, assigned or transferred for any reason during the Participant’s lifetime, and any attempt to do so shall be void and the relevant Award shall be forfeited. 

  
 5 

 ARTICLE VIII. 

TAX WITHHOLDING. 
 The Company and its
Affiliates shall be entitled to withhold from any payments under the Plan any amount of tax withholding determined by the Committee to be due in respect of an Award. 

ARTICLE IX. 

INTERPRETATION AND AMENDMENTS, OTHER RULES. 

The Committee may make such rules and regulations and establish such procedures for the administration of the Plan as it deems appropriate. Without limiting
the generality of the foregoing and subject to the other terms of the Plan, the Committee may (i) at the time of grant, determine the extent, if any, to which Awards shall be forfeited (whether or not such forfeiture is expressly contemplated
hereunder); (ii) interpret the Plan and the Award Agreements hereunder, with such interpretations to be conclusive and binding on all Persons and otherwise accorded the maximum deference permitted by law; and (iii) take any other actions
and make any other determinations or decisions that it deems necessary or appropriate in connection with the Plan or Award Agreements or the administration or interpretation thereof. Unless otherwise expressly provided hereunder or under an Award
Agreement, the Committee, with respect to any Award, may exercise its discretion hereunder at the time of grant or thereafter. In the event of any dispute or disagreement as to the interpretation of the Plan, any Award Agreement or any rule,
regulation or procedure, or as to any question, right or obligation arising from or related to the Plan or any Award Agreement, the decision of the Committee shall be final and binding upon all Persons. The Committee may amend the Plan and Award
Agreements as it shall deem advisable. 
 ARTICLE X. 

CHANGES IN CAPITAL STRUCTURE 
 In the event
of any stock dividend, recapitalization, forward split or reverse split, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, extraordinary or unusual cash distribution or other similar corporate transaction or
event, the Committee shall make such changes to the Plan or Awards as it deems appropriate and its determination shall be final, binding and conclusive. The Plan shall not affect, in any way, the right or power of the Company to make adjustments,
re-classifications, reorganizations or changes of its capital or business structure, to make distributions to its Common Stockholders, or to merge or to consolidate or to dissolve, liquidate or sell, or transfer all or part of its business or
assets. 
 ARTICLE XI. 

MISCELLANEOUS. 
 11.1.
Section 409A Compliance. The Plan and all Awards are intended to comply with, or be exempt from, Code Section 409A and all regulations, guidance, compliance programs and other interpretative authority thereunder, and shall be
interpreted in a manner consistent therewith; provided, however, that neither the Company, any of its Affiliates or any member of the Committee, shall have any liability to Participants or any other Person if any Award is not

  
 6 

 
exempt from or compliant with Code Section 409A. Notwithstanding anything contained herein to the contrary, in the event any Award is subject to Code Section 409A, the Committee may, in
its sole discretion and without a Participant’s prior consent, amend the Plan and/or Awards, adopt policies and procedures, or take any other actions as deemed appropriate by the Committee to (i) exempt the Plan and/or any Award from the
application of Code Section 409A, (ii) preserve the intended tax treatment of any such Award or (iii) comply with the requirements of Code Section 409A. 

11.2. No Rights to Employment or Other Service. Nothing in the Plan or in any Award Agreement shall confer on any Participant any right
to continue in the employ or other service of the Company or its Affiliates or interfere in any way with the right of the Company or its Affiliates to terminate a Participant’s employment or other service at any time and for any reason. 

11.3. No Right to an Award. Neither the adoption of the Plan nor any action of the Board or of the Committee shall be deemed to give
any individual any right to be granted an Award under the Plan’s terms, except as may be evidenced by an Award Agreement duly executed on behalf of the Company or its Affiliate, and then only to the extent and on the terms and conditions set
forth therein. The Plan shall be unfunded. The Company shall not be required to establish any special or separate fund or to make any other segregation of funds or assets to assure the performance of its obligations under any Award. 

11.4. Additional Obligations. Participants shall take whatever actions and execute whatever documents the Committee deems necessary or
advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Participant pursuant to the provisions of the Plan and the relevant Award Agreement. In connection with an Approved Sale, each Participant shall
be subject to and shall comply with any escrow and/or indemnification requirements imposed upon the Common Stockholders of the Company. 

11.5. No Fiduciary Relationship. Nothing contained in the Plan, and no action taken pursuant to the provisions of the Plan, shall
create or shall be construed to create a trust of any kind, or a fiduciary relationship between the Company, its Affiliates, the officers of the Company or its Affiliates or the Committee, on the one hand, and the Participant or any Person claiming
rights by or through the Participant, on the other. 
 11.6. Notices. All notices under the Plan shall be in writing, and if to the
Company, shall be delivered to the Committee or mailed to its principal office, addressed to the attention of the Committee; and if to the Participant, shall be delivered personally, sent by facsimile transmission or mailed to the Participant at the
address appearing in the records of the Company or its Affiliates. Such addresses may be changed at any time by written notice to the other party given in accordance with this Section. 

11.7. Exculpation and Indemnification. The Company shall indemnify and hold harmless any member of the Committee from and against any
and all liabilities, costs and expenses incurred by such members as a result of any act or omission to act in connection with the performance of such Person’s duties, responsibilities and obligations under the Plan. 

  
 7 

 11.8. Captions. The use of captions in this Plan is for convenience. The captions are not
intended to provide substantive rights. 
 11.9. Governing Law. All questions concerning the construction, validity and
interpretation of the Plan shall be governed by the internal law, not the law of conflicts, of the State of New York. 

  
 8FOR VALIDATION PURPOSES ONLY - [718818.EX10_14]

 Exhibit 10.14 

PERSONAL AND CONFIDENTIAL 
 August 13,
2012 
 Mr. Juergen Stark 
 8324 Santaluz Pointe 

San Diego, California 
 92127 

Dear Juergen, 
 Voyetra Turtle Beach, Inc.
(“VTB”) is pleased to offer you a position with VTB as its Chief Executive Officer. The effective start date of your employment is September 4, 2012 (the “Effective Date”). You will report directly to the Board
of Directors of VTB (the “Board”) and perform such duties consistent with your title as may, from time to time, be determined and assigned by the Board or any of its designees. Additionally, you will be appointed to serve on the
Board during your tenure at VTB. As discussed, you will be leading an effort to relocate the Company’s headquarters to the San Diego, Los Angeles, or San Francisco area with a goal to have that substantially completed by June 2013. 

Your annual base salary will be $500,000.00 and you will be eligible to participate in VTB’s bonus plan with a target bonus of $300,000.00, provided,
that if you remain employed with VTB through December 31, 2012, your bonus for 2012 shall be no less than $97,808 and shall be paid to you no later than March 15, 2013. The bonus targets for each fiscal year (or portion thereof) will
be based on mutually agreed upon performance goals, currently contemplated to be comprised of EBITDA and other management objectives. You will be eligible to participate in the medical, prescription drug, dental, long-term disability, life insurance
and retirement plans that VTB sponsors for the benefit of its employees, on the same terms as other VTB senior executives, all subject to the terms and conditions of those plans as in effect from time to time, some of which may require employee
contribution. During the term of your employment, VTB will reimburse you for any and all reasonable business expenses (including travel and housing) incurred by you in the course of performing your duties, subject to VTB’s requirements with
respect to reporting and documentation of such expenses. You will be entitled to two weeks of paid vacation during the remainder of 2012 and four weeks in subsequent calendar years and you will accrue sick days, all in accordance with VTB policy.

 In terms of equity, you will be entitled to a stock option grant of VTB common stock representing a 7% ownership interest (as of the Effective Date) on a
fully diluted basis with an exercise price equal to the grant date fair market value of the common stock (anticipated to be approximately $2.13/share as of the Effective Date). Such options will vest 25% on the first anniversary of the Effective
Date, with the remainder vesting ratably each month over the following three year period (subject to accelerated vesting as provided in the Grant Agreement (as defined below)) and will be subject to the terms and conditions set forth under the 2011
VTB Equity Incentive Plan and your grant agreement thereunder which grant agreement, subject to the terms of this agreement, shall be substantially in the form attached hereto as Exhibit A (the “Grant Agreement”). 

Your employment with VTB will be on an “at-will” basis and either you or VTB may terminate your employment at any time with or without cause or
notice. However, in the event that your employment is terminated by VTB without “cause” or by you for “good reason”, in either case, (i) on or prior to the first anniversary of the Effective Date and/or following an Approved
Sale, you will be entitled (A) to continue to receive your then-current base salary and to receive VTB-paid healthcare continuation benefits for you and your dependents at the levels in effect immediately prior to such termination (it being
understood that if such benefits cannot be provided directly by the Company because they are prohibited by law or would 

 

 
  

 
result in the imposition of tax penalties, then the Company shall pay the cash value of the premiums to you as and when they would otherwise have been paid to the plans for purposes of procuring
your own health insurance) (in any event, such healthcare benefits or payments, the “Continuation Benefits”), in each case, for a period of one year following the effective date of such termination, except that if the termination
occurs following an Approved Sale, the salary payments shall be paid as a single lump sum on the First Payroll Date (as defined below), (B) to payment on the First Payroll Date of a pro rata bonus equal to your target bonus (as may be increased
in the future) multiplied by a fraction, the numerator of which equals the number of days you are employed by VTB in the calendar year through the date of termination and the denominator of which equals 365 (a “Pro-Rated Bonus”),
and (ii) after the first anniversary of the Effective Date (and not following an Approved Sale), you will be entitled (A) to continue to receive your then-current base salary and to receive Continuation Benefits, in each case, for a period
of six months following the effective date of such termination, and (B) to payment on the First Payroll Date of a Pro-Rated Bonus. In addition, upon your termination by VTB without “cause” or by you for “good reason”, in
either case, on or prior to the first anniversary of the Effective Date, you will vest in a pro-rata portion of the stock options that would have vested on the first anniversary of the Effective Date (had you remained employed), determined by
multiplying such number of stock options by a fraction, the numerator of which equals the number of days from the Effective Date through the date of such termination and the denominator of which equals 365. The receipt of such severance benefits
shall be conditioned upon your execution and non-revocation of a release of claims in the form attached hereto as Exhibit B, as well as your continued compliance with the covenants set forth in the VTB employee restrictive covenant agreement
executed concurrently herewith (the “Employee Agreement”) and, notwithstanding anything herein to the contrary, no cash severance payments shall be paid to you prior to VTB’s first regularly scheduled payroll date occurring 30
days or more after your date of termination (such date, the “First Payroll Date”), and any amounts otherwise payable prior to the First Payroll Date shall instead be paid on the First Payroll Date. For the purposes of this letter,
“Approved Sale” shall have the meaning set forth in the Stockholders Agreement, dated January 7, 2011, by and among VTB Holdings, Inc. and certain of its stockholders. 

For purposes of this letter, “cause” shall mean (a) your conviction of or plea of guilty or nolo contendere to a felony; (b) your
commission of fraud, misappropriation or embezzlement; (c) your material breach of the terms of this offer or the Employee Agreement; (d) your willful misconduct or gross neglect in performance of your duties; or (e) your willful
failure or refusal to carry out material responsibilities consistent with your title that are reasonably assigned to you by the Board, in the case of sections (c), (d) and (e) above, after written notice thereof and your failure to cure
such action or inaction (which is capable of cure) within 30 days thereafter and “good reason” shall mean (i) a material diminution, without your consent, in your title, duties or responsibilities as in effect immediately before such
diminution, (ii) a material breach of by VTB of this or any other written agreement between you and VTB, including without limitation, a failure by VTB to relocate its headquarters as discussed above, (iii) a material reduction in your
base salary or target bonus opportunity by VTB, in any case, after written notice to VTB thereof and VTB’s failure to remedy such diminution, breach or reduction within 30 days thereafter, provided that you actually terminate employment within
60 days after the expiration of such cure period. 
 In addition, VTB will promptly reimburse you for your legal and due diligence costs actually incurred
in connection with the negotiation and drafting of this agreement (and any ancillary agreements contemplated hereby), not to exceed $10,000. As a VTB employee, you will be expected to abide by VTB’s published rules and regulations generally
applicable to other VTB senior executives and to sign and comply with the Employee Agreement. By executing this letter, you represent that you will not be prevented from performing any of your duties for VTB as a result of any agreement with or
other contractual or statutory obligation to (including, without limitation, any non-competition, proprietary information or confidentiality agreement) any prior employer and there is no criminal or fraudulent conduct in your past. As required by
law, this offer is subject to satisfactory proof of your right to work in the United States. 
  

 
 100 Summit Lake Drive Ste 100,
Valhalla, NY 10595    Tel: 914.345.2255    Fax: 914.345.2266    www.turtlebeach.com 

  

 

 
  

 We are thrilled about the opportunity to work with you and have you as part of our team. If you have any
questions regarding this offer, please call me. If this offer is acceptable, please countersign and date this letter and return the original to me. 
  

	
	Sincerely,
	
	/s/ Ron Doornink
	Ron Doornink
	Executive Chairman, Voyetra Turtle Beach, Inc.

 I have read and understand the terms of this employment offer and I accept this offer as presented: 

 

					
	/s/ Juergen Stark	 		 	8/13/2012
	Juergen Stark	 		 	Date

  
  

100 Summit Lake Drive Ste 100, Valhalla, NY 10595    Tel: 914.345.2255    Fax:
914.345.2266    www.turtlebeach.com 

  

 Voyetra Turtle Beach, Inc. Proprietary Information and Employment Agreement 

I, Juergen Stark, (hereinafter “Employee”), residing at 8324 Santaluz Pointe, San Diego, California 92127 recognize that Voyetra Turtle
Beach, Inc. (hereinafter “VTB”) is engaged in a continuous program of research, development, production, and distribution of computer products, and that it is part of my responsibility as an employee to assist VTB in such endeavors.

 In consideration of my employment by VTB (hereinafter “Employment”). I agree to the terms and conditions in this Agreement. I understand
that the faithful observance of this Agreement is, and shall remain, a condition of Employment. 
 The capitalized terms in this Agreement shall have the
following meanings: 
  

	1.1	“Confidential Information” means any of VTB’s proprietary information and trade secrets, including but not limited to, methods of doing business, data, know-how, research, product plans, products,
services, software, developments, inventions, processes, formulas, technology, designs, drawings, marketing, lists of actual or potential customers or suppliers, financial or other business information disclosed to me, either directly or indirectly
in writing, orally or by drawings or observation of parts or equipment. Confidential Information shall not include (a.) information disclosed publicly in published materials; (b.) information generally known in the industry; or (c.) information that
has become publicly known and made publicly available through no wrongful act on behalf of myself or others who were under confidentiality obligations as to the item or items involved. 

 

	1.2	“Work Product” means all items created or made, discoveries, concepts, ideas and fixed expressions thereof, whether or not patent-able or register-able under copyright or other statutes, including but
not limited to software, source and object code, hardware, technology, products, machines, programs, process developments, formulae, methods, techniques, know-how, data and improvements, which: (a.) I make or conceive or reduce to practice or learn
alone or jointly with others who are retained, employed or acting on behalf of VTB; (b.) occur during the period of, as a consequence of, or in connection with Employment; (c.) result from tasks assigned to me by VTB; or (d.) result from use of
property, premises or facilities owned, leased or contracted for by VTB. This paragraph shall not apply to any development, which meets all of the following three conditions: (1.) I do the work entirely by myself without use of VTB’s
facilities, property, resources or Confidential Information, (2.) I do the work entirely on my own time, and (3.) the development does not relate in any way to VTB’s current, previous or planned business or research. 

2. Project Maintenance 
  

	2.1	I agree to disclose promptly to VTB or its authorized agent all Information regarding Work Products as soon as is possible. I agree to maintain thorough documentation of all Work Products and of any projects that I
undertake as part of Employment so that any knowledgeable person with qualifications similar to mine will be capable of understanding or continuing such projects with reasonably minimal effort. After termination of Employment, I agree to make myself
reasonably available to assist VTB in completing or maintaining projects I was involved in during Employment. My compensation for providing such assistance will be equal to the higher of my equivalent hourly wage at the time of termination of
Employment with VTB or my equivalent hourly wage at my current employment. 

 3. Confidentiality and Conflicting Obligations

  

	3.1	I represent to VTB that I am free to enter into Employment with VTB and I have no interest, obligation or agreement, written or oral, which is inconsistent with or conflicts with this Agreement or any other agreement I
have entered into with VTB, or which would prevent, limit or impair my performance of any part of this Agreement or any other agreement I have entered into with VTB. I agree to notify VTB immediately if any such interest or obligation arises. I
represent to VTB that the accuracy of the statements I have made in my resume and in my Employment application are true and complete and I understand that any false or incomplete statements in my resume or Employment applications will be grounds for
immediate discharge. 

  

	3.2	It is VTB’s policy to respect trade secrets of others. This applies especially to knowledge employees may have of trade secrets of a former employer. I understand that it is VTB’s policy to refuse to receive
or consider any trade secret information (i.e. non-disclosed ideas, inventions, patent applications, etc.) submitted from companies or person outside or VTB without the prior written approval of the Chief Executive Officer of VTB . I represent to
VTB that my performance of the terms in this Agreement do not and will not breach any agreement to keep in confidence proprietary information of a third party. During Employment, I agree not to improperly use or disclose any confidential information
of any former or concurrent employer or of any other person or entity and I further agree to not bring onto VTB’s premises any confidential information belonging to any such employer, person or entity unless consented to in writing by such
employer, person or entity. I will not give any person at VTB any information is a trade secret of a former employer or any other third party. If I have signed a confidentially or non-competition agreement that might affect Employment with VTB, I
will immediately inform my supervisor. 

  

	3.3	I recognize that VTB has received and in the future may receive confidential or proprietary information from third parties (such as, but not limited to, software programs provided under license and unannounced hardware
under development) subject to a duty on VTB’s part to maintain the confidentially of such information and to use it only for certain limited purposes. I agree to hold all such confidential and proprietary information in the strictest confidence
and not to disclose it to any person, firm or entity or use it except as necessary in carrying out my work for VTB consistent with VTB’s agreement with such third party. I agree to comply with VTB’s policies and procedures with respect to
such information and at no time during or after Employment will I breach any such obligation of confidentiality that VTB has with third parties. 

  

	3.4	At all times during and subsequent to Employment. I agree to keep in strictest confidence and trust VTB’s Confidential Information. I understand that my obligations regarding Confidential Information are as
follows: (a.) Not to disclose Confidential Information to persons outside of VTB in conversations with visitors, suppliers, family, or anyone else; (b.) Not to use Confidential Information for my own benefit or for the profit or benefit of persons
outside of VTB; (c.) To disclose this information to other VTB employees only on a “need to know” basis and then only to employees who have been informed that the information is Confidential Information: and (d.) To place appropriate
Confidential Information notices on all materials and in all software files prepared by me that contain Confidential Information. Notwithstanding the foregoing, the Employee may disclose Confidential Information in accordance with judicial or other
government order, provided that the Employee gives VTB prompt notice upon learning of such order in order to permit VTB to seek an appropriate protective order. 

  

	3.5	 I understand and agree that a person leaving the employ of VTB has an obligation to protect VTB’s Confidential Information until the information
becomes publicly available or until VTB no longer considers it trade secret or proprietary. I understand that after termination of Employment, all correspondence, printed matter, software files and programs, documents, or records of any kind are all
property of VTB and must remain at VTB’s premises. Of course, skills and general knowledge acquired or improved on the job are personal assets of the employee. 

	3.6	I understand that it is VTB’s policy that software licensed by VTB may not be duplicated or used in any manner inconsistent with VTB’s rights and vendor’s rights as spelled out in licensing agreements.
When VTB licenses to others any software products that contain computer code supplied by other companies, if I am involved in the development of such code, I will be sure that VTB has a valid license that authorizes our use and distribution of the
code. 

  

	3.7	I understand and agree that I will notify VTB immediately upon discovery of any unauthorized sale, distribution, disclosure, publication or other unauthorized use of Confidential Information and/or materials and will
cooperate with VTB in every reasonable way to assist in regaining possession of the Confidential Information and/or materials and to prevent the further unauthorized use or disclosure of such Confidential Information and/or materials.

 4. Disclosure and Assignment of Work Product 
  

	4.1	I hereby assign to VTB any rights I now have or may hereafter acquire in VTB’s Confidential Information. Upon termination of Employment, for whatever reason, I will promptly surrender to VTB all copies, in whatever
form, of VTB’s Confidential Information in my possession, custody or control, and I will not take with me any Confidential Information embodied in a tangible medium of expression. 

 

	4.2	I agree and understand that my Work Products are works made for hire and shall be the sole property of VTB and its assigns. As such, I hereby assign to VTB any and all intellectual property rights I now have or may
hereafter acquire in such Work Products and irrevocably relinquish for the benefit of VTB and its assigns any moral rights in my Wok Products. During Employment, I shall promptly and fully disclose to VTB the existence of any Work Products
generated, conceived or learned by me, either alone or jointly with others. 

  

	4.3	It any of my Work Products may not, by operation of law, be considered work made for hire by me for VTB, or if ownership of all right, title, and interest of the intellectual property rights therein shall not otherwise
vest exclusively in VTB, I agree to assign, without further consideration, the ownership of all Trade Secrets, U.S. and international copyrights, patent-able inventions, and other intellectual property rights therein to VTB, its successors, and
assigns. I agree to perform, upon the reasonable request of VTB, during or after Employment, such further acts as may be necessary or desirable to transfer, perfect, and defend VTB’s ownership of my Work Products. 

 

	4.4	During and subsequent to Employment, I agree to assist VTB, at VTB’s expense, in obtaining any Protections relating my Work Products, whereby “Protections” means methods of protecting intellectual
property and collectively includes as a matter of example: patents, copyrights, trademarks, and trade secrets. To that end, I will furnish to VTB, upon its request and at its expense, all written assignments, transfers, affidavits, certifications
and other documents VTB may request in order to confirm the fact of VTB’s ownership of any of its property and I will execute all documents for use in applying for and obtaining such Protections as VTB may reasonably request, together with any
assignments thereof to VTB or persons designated by it. I agree to assist VTB in obtaining and enforcing Protections relating to my Work Products beyond the termination of Employment if VTB compensates me for time actually spent by me at VTB’s
request on such assistance. My compensation for providing such assistance will be equal to the higher of my equivalent hourly wage at the time of termination of Employment with VTB or my equivalent hourly wage at my current employment.

 5. Prohibition Against Unfair Business Practices 
  

	5.1	During Employment I will refrain from engaging in any action that would reasonably be expected to be harmful to VTB and I shall responsibly promote and support VTB’s business activities to prevent VTB from
suffering injury or hardship, if it can reasonably be avoided. 

  

	5.2	During Employment, and for a period of one (1) year following termination of Employment, I shall not, either directly or indirectly, (a.) use Confidential Information for any purpose (other than the proper performance
of employment duties), including to design, develop, produce, promote or sell products or services competitive with those of VTB; or (b.) solicit or accept business from any of VTB’s customers for products or services competitive with those of
VTB. Should any court of law subsequently determine that I have violated this section, I agree that I will not engage in the foregoing activities for one year following that judicial determination. 

 

	5.3	During Employment and for a period of one (1) year subsequent to termination of Employment, I will not, directly or indirectly, solicit for hire or cause to be solicited for hire by others, or otherwise induce any
person employed by VTB or a VTB subsidiary to terminate his or her employment or contract with VTB or a VTB subsidiary. 

  

	5.4	I understand that as an employee of VTB I should avoid outside activity that may raise an actual or potential conflict with my job responsibilities at VTB. I acknowledge that, where reasonably identifiable and
avoidable, even the appearance of a conflict with my employment duties should be avoided. 

  

	5.5	I understand that as an employee of VTB, I may not solicit a gift from any company or persons with whom VTB does business and that any gift is inappropriate if the value of the gift is intended to influence VTB’s
business decisions. I understand that as an employee of VTB I may not give a gift of value that i s calculated to influence a business decision. 

6. Return of Materials 
  

	6.1	I understand that during Employment, I may have access to software, hardware, documentation, equipment, tools, materials, and supplies belonging to VTB and other items either licensed or owned by VTB and I agree not to
remove such items from VTB’s premises except as required by the proper performance of my employment duties. 

  

	6.2	Upon VTB’s request or upon the termination of Employment, I agree to return to VTB and leave at its disposal all memoranda, notes, records, drawings, manuals, computer programs, documentation, diskettes, computer
tapes, and other documents or media pertaining to VTB’s business activities or my specific duties at VTB, including all copies of such materials in my possession. I will also return to VTB and leave at its disposal all materials containing any
Confidential Information. I will not keep any copies of such materials. This section shall apply to all materials made or compiled by me, as well as to all materials furnished to me by anyone else in connection with Employment. 

7. General Terms and Conditions 
  

	7.1	I agree that because of the nature of VTB’s business, the restrictions contained in this Agreement are reasonable and necessary in order to protect the legitimate interests of VTB. 

  

					
		 	Page 5	 	Confidential Information

	7.2	I understand that in the event that any term, clause or provision of this Agreement shall be construed to be or adjudged invalid, void or unenforceable, such term, clause or provision shall be construed as severed from
this Agreement, and the remaining terms, clauses and provisions shall remain in effect. 

  

	7.3	I acknowledge that VTB’s waiver of any provision of this Agreement shall not constitute a waiver of any succeeding breach of the same or other provision; nor shall any delay or omission by VTB to exercise or avail
itself of any right, power or privilege that it has hereunder, operate as a waiver of any such right, power or privilege. 

  

	7.4	I understand that if I violate any provision of this agreement relating to Confidential Information, Work Product, non-solicitation, or my duty to cooperate in matters relating to protection of intellectual property,
VTB will suffer immediate and irreparable injury. If I violate any of such provisions. I agree that in addition to any other remedies that may apply, my strict compliance with this Agreement should be ordered by a court of competent jurisdiction,
and VTB is therefore entitled to preliminary and final injunctive relief to enforce this Agreement. 

  

	7.5	This Agreement may not be amended or altered except by a writing signed by both parties. 

  

	7.6	This Agreement shall inure to the benefit of and be binding upon VTB, its successors and assigns, and on me, my successors, assigns, heirs, executors, administrators and legal representatives. 

 

	7.7	This Agreement shall be governed by, subject to and construed under the laws of the State of California. In any action by VTB to enforce this Agreement, I agree to submit to the jurisdiction and venue of any court of
competent jurisdiction in San Diego County in the State of California. 

 I HAVE READ THIS AGREEMENT, UNDERSTAND IT, AND AGREE TO ITS TERMS.

  

											
						
	 By:
  
	 	 Juergen Stark
	 		 	 

	 		 	 8/13/2012

		 	Employee Printed Name	 		 	Employee Signature	 		 	Date

  

					
		 	Page 6	 	Confidential Information

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00231-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00231-of-00352.parquet"}]]