Employment Agreement (this "Agreement") dated as of February 1, 2004 (the "Effective Date"), by and
between Internap Network Services Corporation (the "Company") and David Buckel ("Executive") (collectively
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1. Position and Duties . Executive shall serve as the Financial Vice President, for the Company, with
such duties, authorities and responsibilities as are commensurate with such position. Executive shall report to the
Company's Chief Financial Officer (“CFO”) and shall work from the Company's offices in Atlanta, Georgia.
2. Base Salary. Executive shall receive an annual base salary of $ 160,000.00 ("Base Salary"). Payment
of Base Salary shall be subject to standard payroll tax withholdings and deductions. Executive's Base Salary shall
be paid semi-monthly in accordance with the Company's standard payroll practices. Executive's Base Salary may
be increased or decreased from time to time by the CFO in consultation with the Company's Board of Directors
or the Compensation Committee of such Board of Directors (in either case, the "Board") in their sole discretion.
3. Performance-Based Bonus . While the Company has not decided to implement a bonus plan
(“Bonus”) for Executive and other senior executive officers at this time, should it do so in the future its present
intention is that Executive’s Bonus would be from 35% to up to 50% of Executive's Base Salary, prorated if less
than a full year. Performance metrics for the Bonus, if any, for 2004 shall be established by the CFO in
consultation with the Board and in their sole and reasonable discretion as soon as practicable after a
determination has been made to implement a Bonus plan for Executive and other senior executive officers.
Performance metrics for and target amount of the Bonus for 2005 and each subsequent calendar year shall be
established on or before February 28 of the year to which the Bonus relates. The CFO, in cons