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·
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A
monthly gross salary of 30,000 NIS (approximately $7,000) (the
“Salary”).
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·
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Executive
insurance - the Registrant will allocate 13.3% of the Salary (8.3%
for
severance payments and 5% for remuneration), and Mr. Amozeg will
allocate
5% of the Salary. The insurance will include a loss of working capacity
coverage (up to 2.5%) that will be paid by the
Registrant.
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·
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Continuing
education fund - the Registrant will allocate 7.5% of the Salary
and Mr.
Amozeg will allocate 2.5% of the Salary.
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·
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Company
car, including fuel expenses.
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·
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Company
mobile phone.
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·
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23
days of paid vacation per each employment year. The timing of the
vacation
will be coordinated with the Registrant's Chief Executive
Officer.
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·
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Recuperation
payments as provided by the applicable collective agreement in Israel.
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·
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The
Registrant and Mr. Amozeg may terminate the employment of Mr. Amozeg
with
the Registrant upon 30 days prior
notice.
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·
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Mr.
Amozeg will be granted with options to purchase a certain amount
of the
Registrant's shares of common stock, as to be recommended by the
Chief
Executive Officer of the Registrant and approved of the Board of
Directors. Such options will be granted under and subject to the
Registrant’s 2007 Stock Option Plan (which has not yet been
adopted).
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Xfone,
Inc.
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Date: January
30, 2007
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By:
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/s/
Guy Nissenson
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|
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Guy
Nissenson
President
and Chief Executive Officer
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