EXHIBIT 10.27
EXTENSION TO TOLLING AGREEMENT
WHEREAS, Symbol Technologies, Inc. ("Symbol") and Tomo Razmilovic ("Razmilovic")
entered into an Employment Agreement dated February 14, 2002, and a Separation,
Release, and Non-Disclosure Agreement that was fully executed on February 27,
2002 (the "2002 Agreements");
WHEREAS, Symbol and Razmilovic entered into a tolling agreement dated May 6,
2003 ("Tolling Agreement");
WHEREAS, Symbol and Razmilovic have agreed to extend the effective dates of the
Tolling Agreement (the "Extension");
WHEREAS, Symbol and Razmilovic, in consideration of the mutual promises,
covenants and agreements set forth in the Tolling Agreement and in this
Extension, the sufficiency of which is hereby acknowledged, agree as follows:
1. The terms and provisions of the Tolling Agreement are incorporated herein.
2. The Termination Date of the Tolling Agreement shall be extended to and
include December 31, 2004.
3. This Extension may be executed in one or more counterparts, each of which
shall be deemed an original but also which together shall constitute one and the
same instrument.
DATED: March 18, 2004
/s/ TOMO RAZMILOVIC
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Tomo Razmilovic
XXXXX XXXXXXX
/s/ XXXXX X. XXXXXXX
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Xxxxx X. Xxxxxxx
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Tel: (000) 000-0000
Attorneys for Tomo Razmilovic
Extension of Tolling Agreement
Page 2 of 2
SYMBOL TECHNOLOGIES, INC.
/s/ XXXXX XXXX
--------------------------------------
Xxxxx Xxxx
Senior Vice President and General
Counsel
Symbol Technologies -- Corporate
Headquarters
Xxx Xxxxxx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000-0000
Tel: (000) 000-0000
XXXXXXX BERLIN SHEREFF XXXXXXXX, LLP
/s/ XXXXXX X. XXXXXXXX
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Xxxxxx X. Xxxxxxxx
The Chrysler Building
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Tel: (000) 000-0000
Attorneys for Symbol Technologies,
Inc.
2
