Vertex Special Opportunities Fund III, LP
Exhibit 99.1
Vertex Special Opportunities Fund III, LP
000 Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
VIA ELECTRONIC DELIVERY AND OVERNIGHT MAIL
December 30, 2014
Xxxx Xxx
General Counsel
Meru Networks
000 Xxxx Xxxxx
Xxxxxxxxx, Xxxxxxxxxx
Xxxx:
Reference is hereby made to that certain Nomination and Standstill Agreement dated January 13, 2014 (the “Agreement) by and among Potomac Capital Partners III, LP. (“PCP III”) and certain of its affiliates (collectively, the “Group”), Meru Networks, Inc. (the “Company”), Xxxx Xxxxxx and Stephen Domenik. Pursuant to Section 5 (b) of the Agreement, Vertex Special Opportunities Fund III, LP, as successor to PCP III and on behalf of the Group, hereby notifies the Company that the Group is exercising its right to terminate the Agreement, effective immediately.
Xxxx Xxxxxx
