November 14, 2002 Geoffrey Boyd Chief Financial Officer Eschelon Telecom, Inc.
Exhibit 10.2.1
November 14, 2002
Xxxxxxxx Xxxx
Chief Financial Officer
Eschelon Telecom, Inc.
000 Xxxxx Xxxxxx Xxxxxx
Suite 1200
Minneapolis, MN 55402-2456
Dear Xx. Xxxx,
Your existing service agreement expires on March, 2003 and we are extending the termination language in that agreement for another two (2) years or through March, 2005.
In the event that your employment with Eschelon Telecom, Inc. is terminated without cause anytime before April 1st, 2005, the Company will continue your salary and medical payments for a period for one (1) year beyond termination. Additionally, Xxxxxxxx will accelerate the vesting of options by one (1) year in such event. The obligations imposed on you as an Officer of Eschelon Telecom, Inc. with respect to confidentially, non-disclosure, and non-solicitation shall continue notwithstanding the termination of the employment relationship between the parties.
Accepted and Agreed:
By: |
/s/ Xxxxxxx X. Xxxxx |
|
/s/ Xxxxx X. Xxxxxxxx |
|
Xxxxxxx X. Xxxxx |
|
Xxxxx X. Xxxxxxxx |
|
President & Chief Operating Officer |
|
Chairman & Chief Executive Officer |
|
|
|
|
|
|
|
|
Accepted and Agreed: |
|
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxxx X. Xxxx |
|
|
|
Xxxxxxxx X. Xxxx |
|
|
|
Chief Financial Officer |
|
|
· 000 Xxxxxx Xxxxxx Xxxxx · Suite 1200 · Minneapolis, MN 55402 · Phone (000) 000-0000 · Fax (000) 000-0000