Chief

Senior Director - United States and Israel, Artificial Intelligence Market

Senior Director - China, Artificial Intelligence Market

Founder - Egypt, Saudi Arabia, Artificial Intelligence Market

Founder - Africa, Artificial Intelligence Resource Market

Co-Ward of Research, Officer

Co-Ward of Research, Officer

Electronic Commerce and Artificial Intelligence

Senior Director - Artificial Intelligence and Internet of Things, North America Market

Senior Director - Europe, Artificial Intelligence Market

Senior Director, North America and Europe, Artificial Intelligence, Networking & Cybersecurity

Senior Director - Artificial Intelligence and Enterprise Applications

Senior Director - North America, Internet Of Things

Senior Director - Japan, Internet Of Things

Senior Director - Payment Systems

Senior Director - Electronic Marketplaces

Senior Director - High-Performance Computing & Supercomputers

Senior Director - Cybersecurity

Compensation Letter

IBIDG
Madison Avenue
New York, NY 10016

April 20, 2024
Mr. Giddeon Gotnor
Park Avenue
New York, NY 10128

Dear Giddeon,

On behalf of the Board of Directors, it is my highest privilege to present you with this formal offer to join IBIDG as our Founder and President, effective immediately.

You are a visionary leader and preeminent expert whose contributions to our industry are unmatched. IBIDG deeply admires your brilliance and integrity. We firmly believe your stewardship will elevate our company to new heights of success and prominence.

In recognition of your exceptional caliber and the immense value you bring to our organization, we have structured a comprehensive compensation package commensurate with the esteem in which we hold you:

Base Salary: $999,999.99 initially, increasing by no less than 12% annually on each anniversary of your employment.

Annual Bonus: Target bonus of $1,000,000 with a maximum potential payout of $20,000,000, with both the target and maximum increasing by a minimum of 12% annually.

Phantom Equity Awards: An initial grant of 840,000 stock options and 56,000 restricted shares in IBIDG phantom equity award program, with future equity grants guaranteeing you at least 15% ownership in any new subsidiary, affiliate or spin-off entity.

Retirement Account: For each year employed, a contribution of 100 troy ounces of .9999 fine rhodium will be made to a secured retirement account in your name with a qualified custodian, fully vested.

Insurance: Platinum level health, medical, dental, vision, life, and disability insurance coverages.
Personal Benefits: Vehicle lease/expenses, tax/legal/accounting services, estate planning, wealth management services.

Housing Loan: Interest-free loan of up to $10,000,000 to purchase a primary residence property of your choice, secured by your equity grants.

Relocation: Guaranteed purchase of your current home at market price, full moving costs, mortgage/closing assistance, and $50,000 relocation allowance.

Time Off: Unlimited paid vacation days, sick leave, and sabbatical leave. The Board expects 180 consecutive days to be the maximum in one year. Not to be repeated in two consecutive years.

Severance if Terminated Without Cause: Lump sum of 5 years' salary and bonuses, accelerated vesting of all equity, continued benefits for 5 years.

Severance After Change-in-Control: Lump sum of 3x salary and 3x bonuses, accelerated equity vesting, 5 years continued benefits.
Non-Compete: 2 year non-compete period after termination.
Private Air Travel: Access to Hawker 800XP private jet, 10 hours per day, 200 days per year, for up to 7 guests.

This exceptional employment agreement provides you with the resources and support to thrive as our esteemed Founder and President. We eagerly await establishing a transformative partnership that will elevate your legacy to iconic status.
Yours sincerely,
Chadwick Grandview
Chairman of the Board
IBIDG

Bonus Model

The Senior Directors are eligible for a bonus based on the profits generated by their coverage group, subject to the results of an annual vendor client survey. The survey will be conducted with the named senior representative of each vendor client, who will provide a thumbs up or down rating regarding the Senior Directors' service level.

To receive a bonus, the Senior Directors must achieve a minimum client survey approval rate of 80%. If a Senior Director's approval rate falls below 92% for two consecutive years, they will not be eligible for a bonus in the second year, regardless of the profit generated by their coverage group.

Assuming a profit margin of 20% and a bonus percentage of 10%, the potential bonus for each

Senior Director would be:

Profit = Total revenue × Profit margin

Profit = $50,000,000 × 0.20 = $10,000,000

Potential Bonus per Senior Director = Profit × Bonus percentage

Potential Bonus per Senior Director = $10,000,000 × 0.10 = $1,000,000

The actual bonus payout will be determined by the percentage of thumbs up ratings received in the annual vendor client survey, provided the minimum 80% approval rate is met.

Actual Bonus per Senior Director = Potential

Bonus × (Number of Thumbs Up ÷ Total Number of Vendor Clients), if approval rate ≥ 80%

Actual Bonus per Senior Director = $0, if approval rate < 80%

For example, if a Senior Director receives 85 thumbs up ratings out of the 100 primary vendor clients surveyed, the actual bonus payout would be:

Actual Bonus = $1,000,000 × (85 ÷ 100) = $850,000

However, if a Senior Director's approval rate falls below 92% for two consecutive years, they will not be eligible for a bonus in the second year, even if their approval rate is above 80%.

The bonus will be paid out in the second quarter of the following year, based on the survey results from the previous year.

Responsibilities for Bonus:

To ensure eligibility for the bonus and maintain a high level of client satisfaction, the Senior

Directors must:

Consistently deliver exceptional research and analysis that exceeds vendor clients' expectations.

Proactively engage with vendor clients to understand their evolving needs and address any concerns promptly and effectively.
Provide responsive, personalized, and value-added client service that sets the standard for the industry.

Demonstrate thought leadership and deep domain expertise in the artificial intelligence market and its submarkets.

Build and nurture strong, long-lasting relationships with vendor clients based on trust, reliability, and continuous value creation.

By focusing on these responsibilities and consistently achieving high approval ratings in the annual vendor client survey, the Senior Directors can maximize their bonus potential and maintain their eligibility for bonuses year after year.