EXHIBIT 10.10
MARIMBA(R)
Marimba, Inc.
000 Xxxxx Xxxxxx
Xxxxxxxx Xxxx, XX
00000-0000
xxx.xxxxxxx.xxx
P 000 000-0000
F 650 930-5600
June 10, 2002
This letter serves as an agreement between Xxxx Xxxxxxxx and Marimba, Inc.
Marimba will pay Matt a sum of $100,000 in return for his agreement to not
voluntarily leave Marimba prior to December 31, 2002. Matt agrees to reimburse
Marimba the entire $100,000 should he voluntarily leave Marimba prior to that
date, or should he be terminated for "cause". Cause shall mean:
. The unauthorized use or disclosure of the confidential information or
trade secrets of Marimba;
. Conviction of a felony under the laws of the United States or any state
thereof;
. Gross negligence; or
. Continued failure to perform assigned duties.
Matt agrees that Marimba can withhold monies due from paychecks once it becomes
known that Matt is either voluntarily leaving or being terminated for "cause"
prior to December 31, 2002.
/s/ Xxxx Xxxxxxxx 6/17/02
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Xxxx Xxxxxxxx Date
Vice President, Worldwide Sales
/s/ Xxxxxxxx Xxxxxxxxxxx 6.17.02
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Marimba, Inc. Xxxxxxxx Xxxxxxxxxxx Date
Vice President, Corporate Services
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