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A reader plucked this tid bit from Move.com’s recent filings (8K).

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On February 27, 2008, Move, Inc. (the “Company”) executed a letter agreement (“Letter Agreement”) with Alan Dalton, President, New Business Venture, and an accompanying mutual release of claims (the “Release”). The agreements provide that Mr. Dalton voluntarily resign as President, New Business Venture effective as of February 29, 2008, but remain as a senior advisor to the Company.
Pursuant to the terms of the Letter Agreement, as senior advisor Mr. Dalton will receive a base monthly salary of $3,000, along with additional compensation for performing special project services. The scope of such services shall be mutually agreed upon by the parties in advance and in writing. Mr. Dalton’s compensation for the special project services is guaranteed at a minimum of $12,000 per month in accordance with Exhibit A to the Letter Agreement.
The Letter Agreement provides for a twelve month term but can be extended upon mutual agreement of the parties (collectively, the “Term”). If Mr. Dalton provides the services through the initial twelve month Term in accordance with the Letter Agreement, in conjunction with his execution of a full release of claims for the period covering the Term: (i) he shall have twelve months after the conclusion of the Term to exercise all of his outstanding vested options of the Company; (ii) Move will pay his Consolidated Omnibus Reconciliation Act of 1986 (“COBRA”) premiums for twelve (12) months following the Term’s conclusion, or until he obtains employment providing health insurance, whichever occurs first; and (iii) if he moves within twelve months of the Term’s conclusion, the Company agrees to reimburse his reasonable cost of shipping (via van lines) household belongings from California to the East Coast of the United States.
The Letter Agreement is only effective if Mr. Dalton does not revoke the Release within the seven day period stated in paragraph 5(b) of the Release, as provided by law. The Release, consistent with Mr. Dalton’s Executive Retention and Severance Agreement dated September 30, 2002, provides for: (i) a full mutual release of claims between the Company and Mr. Dalton; (ii) a severance payment of $675,000, less appropriate taxes and withholdings; and (iii) all of Mr. Dalton’s unvested options described in his September 30, 2002 offer letter and his subsequent stock option grants, to vest as of February 29, 2008.
The Release further provides that Mr. Dalton shall not be entitled to participate in any other bonus programs, including the 2007 Executive Bonus Plan, or receive additional stock options or other equity based incentives, and that he shall forfeit all right, title and interest in and to the restrictive stock unit awards previously granted to him.
The foregoing description of the Letter Agreement and the Release is qualified in its entirety by the terms of the agreements, which are attached hereto as Exhibits 99.1 and 99.2, and incorporated herein by reference.

In my opinion Alan deserves all of this and more….

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