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THIS EMPLOYMENT AGREEMENT (the "Agreement"), dated as of April 30, 2008 and effective as of April 1, 2008 (the
"Effective Date") by and between SCOTT A. PIPER, an individual (the "Executive"), and COLORADO SATELLITE
BROADCASTING, INC., a Colorado corporation with offices at 7007 Winchester Circle, Suite 200, Boulder, CO 80301 ("CSB"),
recites and provides as follows:
WHEREAS, CSB desires to retain the services of Executive, and Executive desires to be employed by CSB, all on the terms
and subject to the conditions set forth herein.
NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants herein contained, CSB and
Executive agree as follows:
1. DEFINITION OF PARTIES. As used herein, the term "CSB" shall include CSB, its parent, affiliates and subsidiaries
whether now in existence or formed in the future.
2. TERM. The Term of this Agreement shall begin as of the Effective Date and shall continue until March 31, 2010, or
such date as the Agreement is terminated by either party as hereinafter provided (the "Term").
3. TERMS OF EMPLOYMENT.
A. POSITION AND DUTIES.
(i) During the Term, Executive shall perform such duties, and have such title, as CSB in its sole discretion, shall
(ii) During the Term, Executive agrees to devote his full-time attention to the business and affairs of CSB. Executive's
employment under this Agreement shall be Executive's exclusive employment during the Term of this Agreement.
(i) Base Salary. During the Term, Executive shall receive a base salary ("Base Salary"), which shall be paid in equal
installments on a bi-weekly basis, at the rate of Two Hundred Twenty Five Thousand Dollars ($225,000.00) per annum, which
Base Salary may be reviewed and adjusted,