you are terminated without cause, all unvested options shall immediately vest and you will have ninety (90) days to exercise such options before they expire. Policies and Benefits As an employee of Mad Catz, you will be provided with a copy of the Mad Catz Employee Manual and insurance booklets, which outline our personnel policies and benefits programs. We are extremely proud of the Mad Catz benefits package and hope you will take the time to review this feature rich package. You are eligible for benefits described therein on the first day of the month following your first thirty (30) days of employment. Any questions regarding Mad Catz’ policies, benefits administration or eligibility, should be directed to Human Resources. At-Will Employment If you choose to accept this offer, please understand your employment is “at-will.” As an at-will employee you agree and understand that you or Mad Catz can terminate the employment relationship at any time, for any reason. Your at-will status cannot be modified by oral agreement; any modification to your at-will status must be in writing. Confidentiality and Authorization to Work As a condition of employment, you will be required to sign an Agreement Relating to Employee Confidentiality, Non-Disclosure and Assignment of Inventions, Patents, Ideas and Discoveries. You should also note that you will be required to show proof of citizenship, permanent residency in the U.S., or authorization to work in the U.S. within three business days of your date of hire. Reference Check This offer is made subject to satisfactory reference checks from previous employers. Acceptance To indicate your acceptance of this offer, please sign below and return this letter to Mad Catz by Wednesday, December 20, 2006. If you accept this offer, your start date will be January 15, 2007. This letter along with the Mad Catz Employee Manual which you will receive at the start of employment and your formal employment contract, set forth the terms of your employment. | 
