EX-10.R 3 mts026030_ex10r.txt TERMS OF EMPLOYMENT - KNIGHT EXHIBIT 10.r The following is a written description of the terms of employment of Susan E. Knight, pursuant to Item 601(b)(10)(iii)(B) of Regulation S-K: Title: Vice President and Chief Financial Officer. Base Salary: $19,166.67 per month. Annual Incentive Bonus: Eligible for incentive bonuses under the MTS Management Variable Compensation ("MVC") Plan. Pro rated for fiscal year 2001. For fiscal year 2002, MVC pay-out to be not less than $100,000. Stock Options: Options to purchase 20,000 shares on start date. Thereafter, eligible for grants under the MTS Stock Option Plan, as approved by the Board. Employee Benefits: Eligible to participate in all employee benefits available to U.S. employees. Annual vacation: Three weeks. Other: Business allowance of $625 per month. 26