Common Contracts
5 similar Severance Agreement contracts by Tollgrade Communications Inc \Pa\
ContractSeverance Agreement • May 5th, 2020 • Pennsylvania
EX-10.3 4 l35893aexv10w3.htm EX-10.3 Exhibit 10.3 March 17, 2009 Joseph G. O’Brien 7019 Fair Oaks Drive Export, PA 15632 Dear Joe: Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In order to induce you to remain in Tollgrade’s employment, this agreement (the “Agreement”) describes the severance compensation that Tollgrade agrees will be provided to you in the event your employment with Tollgrade is terminated under the circumstances described below. This Agreement shall be for an initial term beginning on the date hereof and expiring on the third anniversary of such date (the “Term”) and shall automatically be extended for successive additional terms of two years unless either party gives the other written notice of its intent not to renew at least 60 days prior to the end of the then current term.
March 17, 2009 Grant Cushny 114 Crystal Springs Drive Cranberry Township, PA 16066 Dear Grant: Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In...Severance Agreement • March 19th, 2009 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
This Agreement shall be for an initial term beginning on the date hereof and expiring on the third anniversary of such date (the “Term”) and shall automatically be extended for successive additional terms of two years unless either party gives the other written notice of its intent not to renew at least 60 days prior to the end of the then current term.
March 17, 2009 David L. Blakeney 9008 Audobon Drive Gibsonia, PA 15044 Dear Dave: Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In order to induce...Severance Agreement • March 19th, 2009 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
This Agreement shall be for an initial term beginning on the date hereof and expiring on the third anniversary of such date (the “Term”) and shall automatically be extended for successive additional terms of two years unless either party gives the other written notice of its intent not to renew at least 60 days prior to the end of the then current term.
March 17, 2009 Joseph G. O’Brien 7019 Fair Oaks Drive Export, PA 15632 Dear Joe: Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In order to induce...Severance Agreement • March 19th, 2009 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
This Agreement shall be for an initial term beginning on the date hereof and expiring on the third anniversary of such date (the “Term”) and shall automatically be extended for successive additional terms of two years unless either party gives the other written notice of its intent not to renew at least 60 days prior to the end of the then current term.
March 17, 2009 Robert H. King 205 Skyridge Drive Atlanta, GA 30350 Dear Rob: Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In order to induce you to...Severance Agreement • March 19th, 2009 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
This Agreement shall be for an initial term beginning on the date hereof and expiring on the third anniversary of such date (the “Term”) and shall automatically be extended for successive additional terms of two years unless either party gives the other written notice of its intent not to renew at least 60 days prior to the end of the then current term.
