John Elliott 218 Las Ondas Santa Barbara, CA 93109 Dear John: It Is My Pleasure to Offer You Employment With 724 Solutions (US) Inc., (724 Solutions) (A Wholly Owned Subsidiary of 724 Solutions Inc.) in the Position of Senior Director Product Marketing, Reporting to Elda Rudd. Your First Date of Employment Will Be September 2, 2003. We Are Looking Forward to Your Joining the Team. Also, Please Note That, as a Condition of Your Employment, You Are Required to Sign and Execute a Copy of This Agreement and All Accompanying Documentation and Return It to Us on or Before August 13, 2003, After Whic (March 18th, 2005)
This letter constitutes the terms and conditions of your employment with 724 Solutions, and supersedes and replaces any previous offers, oral or written. This offer is contingent on your signing agreements related to Confidential Information and Assignment of Inventions to 724 Solutions prior to beginning employment. It is also contingent on your providing us with documentation of U.S. citizenship or authorized alien work status prior to beginning employment.
Re: Amendment to Employment Agreement (March 18th, 2005)
We refer to the employment agreement dated August 12, 2003. 724 desires and you have agreed to make certain amendments to the Agreement, on the terms and conditions set forth in this letter agreement.