April 12, 2010 Philip E. Soran c/o of Compellent Technologies, Inc. 7625 Smetana Lane Eden Prairie, MN 55344 Re: Agreement to Waive Annual Medical Allowance Dear Phil:
Exhibit 10.1
April 12, 2010
Xxxxxx X. Xxxxx
c/o of Compellent Technologies, Inc.
0000 Xxxxxxx Xxxx
Xxxx Xxxxxxx, XX 00000
c/o of Compellent Technologies, Inc.
0000 Xxxxxxx Xxxx
Xxxx Xxxxxxx, XX 00000
Dear Phil:
This letter agreement is intended to memorialize your agreement to waive the $1,000 annual
allowance for a medical physical examination pursuant to Schedule 2 of that certain Executive
Employment Agreement by and between you and Compellent Technologies, Inc., dated February 3, 2010
(the “Employment Agreement”). This letter agreement contains the entire agreement between you and
Compellent on this subject and, other than as set forth herein, your Employment Agreement shall
remain in full force and effect. This letter agreement can be modified only in a writing signed by
you and an officer of Compellent.
In Witness Whereof, the parties hereto have executed this letter agreement as of the
date set forth above.
Compellent Technologies, Inc. | ||||
By:
|
/s/ Xxxx X. Xxxxxx | /s/ Xxxxxx X. Xxxxx | ||
Xxxx X. Xxxxxx Chief Operating Officer |
Xxxxxx X. Xxxxx Chairman, President and Chief Executive Officer |