Exhibit 10.16
300, avenue Viger Est,
Montreal (Quebec)
Videotron Canada
International Ltee H2X 3W4
Telephone: (514) 281-1232
Telecopieur: (514) 985-8420
Montreal, February 8 1995
SENT VIA FACSIMILE
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Mr. William M. O'Neil
53A Primrose Gardens
Belsize Park, London NW3 4UL
U.K.
Dear William:
Following our recent discussions, I confirm, as listed below, the terms of your
Offer of Employment with our Videotron subsidiary in the United States.
TITLE: Vice President and Regional Manager
Southern California and Arizona
ANNUAL SALARY: U.S. $120,000
o This annual salary will be revisited based on your performance after six
months.
AUTOMOBILE ALLOWANCE: U.S. $500.00/month
o Short Term Incentive Bonus Plan of up to 30% of your salary per annum
dependent upon achievement of agreed upon goals and objectives. For the
remainder of 1995, your bonus will be prorated and will be dependent upon
achievement of agreed upon goals and objectives.
o Participation in incentive Stock Plan of OpTel, Inc.
o Reimbursement of all out-of-pocket relocation costs
o Benefits consistent with those provided to other Senior Executives of the
company.
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Should you have any questions and/or for comments, please do not hesitate to
Contact me. If the above terms are acceptable to you, please sign the offer and
return it to my attention, at your earliest convenience.
Sincerely,
/s/ Rory O. Cole /s/ William M. O'Neil
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Rory O. Cole William M. O'Neil
Vice President
New Market Development