Exhibit 10.28
DAVOX CORPORATION
EXECUTIVE VICE PRESIDENT, SALES & MARKETING
SEVERANCE AGREEMENT
DAVOX Corporation ("DAVOX") will provide to you the following terms and
condition of salary and benefits continuation:
1. Termination Due to Merger / Acquisition - You will receive 12 months base
salary, medical and dental benefits continuation in the event your
employment with Davox Corporation is terminated as a result of a merger or
acquisition that results in the elimination, consolidation or relocation of
your position.
2. Termination within 9 months from Start Date - You will receive 6 months
base salary, medical and dental benefits continuation in the event your
employment with Davox Corporation is terminated for any reason other than a
Merger / Acquisition within the first 9 months of your employment with
Davox Corporation. Notwithstanding the foregoing, if you voluntarily resign
within 9 months from your start date, you will not receive any base salary,
medical or dental benefits continuation.
3. Termination after 9 months from Start Date - You will receive 6 months base
salary, medical and dental benefits continuation in the event your
employment with Davox Corporation is terminated following your first 9
months with the company and for reasons other than those associated with
job performance or Merger & Acquisition. Notwithstanding the foregoing, if
you voluntarily resign after 9 months from your start date, you will not
receive any base salary, medical or dental benefits continuation.
Following the effective date of termination, as set forth in writing and
furnished to you by DAVOX, your employment with DAVOX shall cease and you shall
not hold yourself as an employee, agent, or representative of DAVOX.
Continuation of base salary and benefits shall further be subject to your
compliance with any then existing company policies and such other terms as may
be in effect between you and DAVOX pertaining to the disclosure of confidential
or proprietary information.
Approval:
/s/ Xxxxx X. Xxx 2/21/02
--------------------------------- -------
President & Chief Executive Officer Date
/s/ Xxxxx Xxxxxxxxx 2/21/02
--------------------------------- -------
Executive Vice President, Sales & Marketing Date
