Exhibit 10.38
MACROVISION CORPORATION
EMPLOYMENT PROTECTION AGREEMENT
THIS EMPLOYMENT PROTECTION AGREEMENT is made and entered into as of April 27, 2001 by and
between Macrovision Corporation, a Delaware corporation (the "Company") and Mark Belinsky ("Belinsky").
WHEREAS, the Board of Directors (the "Board") of the Company has determined that, in connection with the
integration of the Company's recently acquired Globetrotter Software subsidiary ("Globetrotter") with the
Company and the related transfer of Belinsky's employment from the Company to Globetrotter, it is in the best
interests of the Company and its shareholders that Belinsky not be distracted by the personal uncertainties and
risks created by his employment transfer from the Company to Globetrotter by assuring Belinsky a right to
continued employment with the Company for a limited period of time;
NOW, THEREFORE, to assure the Company that it will have the continued dedication of Belinsky and the
availability of Belinsky's advice and counsel through the Globetrotter integration and, and to induce Belinsky to
remain in the employ of Globetrotter and the Company, and for other good and valuable consideration, the
Company and Belinsky agree as follows:
53. Return to Company. In the event that Globetrotter or the Company terminates Belinsky's employment with
Globetrotter prior to April 30, 2002, for any reason other than Cause (as defined below), then, immediately upon
such termination, Belinsky shall be considered to have transferred employment to the Company and shall become
an employee of the Company.
54. Position and Compensation. Upon any such transfer of employment to the Company pursuant to Section 1
above, Belinsky will report directly to the Company's chief operating officer (or if no one holds such position, to
the Company's chief executive officer), and will work under the direction and supervision of such chief operating
officer (or chief executive officer) in such position as such chief operating officer (or chief