Color Kinetics Incorporated 10 Milk Street, Suite 1100 Boston, MA 02108 April 11, 2006 (April 14th, 2006)
We are pleased to clarify your bonus for 2005 and to describe the terms of the mutually agreed upon change of your status from a Color Kinetics employee to consultant, including the principal business terms of your consulting agreement and your service as member of the Board. During your tenure as Founder and CEO of Color Kinetics, the Company grew and prospered, and we remain appreciative of your accomplishments. We now look forward to your continued contributions and insights as a Director and consultant under the terms set forth in this letter and your consulting agreement.
Contract (June 14th, 2004)
EXHIBIT 10.22 April 5, 2004 Mr. Graham T. Allison, Jr. Elisabeth Allison, Ph.D. 69 Pinehurst Road Belmont, Massachusetts 02478 Dear Dr. and Mr. Allison: As you know, Color Kinetics Incorporated (the "Company") entered into a letter agreement with you, dated December 14, 2001 (the "Letter Agreement") in connection with the Series E Convertible Preferred Stock financing of the Company. In the Letter Agreement, the Company agreed to use its best efforts after the closing of the Series E Financing to secure the election as a director of one person nominated by you and mutually agreed upon by the Company and the Company's Board of Directors. At the time of the Letter Agreement it was the intention of the Company and you that the Company's obligations under the Letter Agreement would bind the Company only during the period prior to the initial public offering of the Company's capital stock. In order to make this understanding explicit, please sign in the space provided below to ind