eAcceleration Corp.
Acceleration Software International Corporation
0000 XX Xxxx Xxxx Xxxx
Xxxxxxx, Xxxxxxxxxx 00000
June 30, 2000
Xxxxx X. Traveller
c/o Trimedyne
0000 Xxxxxxxx Xxxx
Xxxxxx, Xxxxxxxxxx 00000
Re: Severance, Settlement and General Release Agreement
dated as of February 9, 2000 among eAcceleration Corp.,
Acceleration Software International Corporation ("ASIC")
and you (the "Severance Agreement")
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Dear Mr. Traveller:
This letter confirms the following:
1. Paragraph 3(d) of the Severance Agreement is hereby amended to
increase the payment set forth in such paragraph from $17,000 to
$22,300.
2. Paragraph 3(e) of the Severance Agreement is hereby amended to
increase the exercise price per share of ASIC common stock from $2.39
to $2.655 (equivalent to $5.31 per share of eAcceleration Corp. common
stock).
3. Except as specifically set forth above, all of the terms and
provisions set forth in the Severance Agreement shall remain in full
force and effect.
If the foregoing accurately sets forth your understanding, please sign
where indicated below.
Very truly yours,
EACCELERATION CORP.
ACCELERATION SOFTWARE
INTERNATIONAL CORPORATION
By: /s/ Xxxxx Xxxxxxx
-------------------------------
Xxxxx Xxxxxxx
President
Accepted and agreed as of
the date first above written:
/s/ Xxxxx X. Traveller
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Xxxxx X. Traveller