Western Digital Corporation 20511 Lake Forest Drive Lake Forest, California 92630 Tel 949.672.7000
EXHIBIT
10.37
Western Digital Corporation 00000 Xxxx Xxxxxx Xxxxx Xxxx Xxxxxx, Xxxxxxxxxx 00000 Tel 000.000.0000 |
February 16,
2006
Xx. Xxxxxxx
X. Xxxxxx
00000 Xxxx Xxxxxx Xxxxx
Xxxx Xxxxxx, XX 00000
00000 Xxxx Xxxxxx Xxxxx
Xxxx Xxxxxx, XX 00000
Dear Ray:
When countersigned by you below, this letter shall constitute our agreement that the entire
Performance Share Award granted by Western Digital Corporation (the “Company”), to you on January
20, 2005, in accordance with that certain Notice of Grant of Performance Share Awards and
Performance Share Award Agreement, dated on or about January 20, 2005, is hereby terminated and
you have no further rights with respect to, or in respect of, such Performance Share Award.
This letter agreement, which is entered for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, shall be interpreted and construed in accordance
with the laws of the State of Delaware (without regard to conflict of law principles) and
applicable federal law. This letter agreement constitutes the entire agreement and supersedes all
prior understandings and agreements, written or oral, of the parties hereto with respect to the
subject matter hereof.
Very truly yours, | ||||
Western Digital Corporation | ||||
By: | /s/ Xxxx Xxxxxxx | |||
Xxxx Xxxxxxx | ||||
President and Chief Executive Officer | ||||
Agreed to and Accepted by: |
||||
/s/ Xxxxxxx
X. Xxxxxx |