Common Contracts

5 similar Key Employee Retention Agreement contracts by Emulex Corp /De/

EXECUTIVE OFFICER FORM] [Emulex Letterhead] [DATE]
Key Employee Retention Agreement • February 9th, 2007 • Emulex Corp /De/ • Computer communications equipment • California

This Key Employee Retention Agreement (“Agreement”) relates to your appointment as [TITLE] of Emulex [name] Corporation, a [California or Delaware] corporation (the “Company”), which is an affiliate of Emulex Corporation, a Delaware corporation (“Emulex”). Because the Company and Emulex wish to assure themselves of both present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you, the Company and Emulex are hereby entering into the following agreements:

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September 5, 2006
Key Employee Retention Agreement • September 6th, 2006 • Emulex Corp /De/ • Computer communications equipment • California

Both Emulex Corporation, a Delaware corporation (“Emulex”) and its affiliates, and its wholly owned subsidiary, Emulex Corporate Services Corporation, a California Corporation (the “Company”) value your services as Chief Executive Officer. Because the Company, Emulex and its affiliates wish to assure themselves of both present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you and Emulex and the Company are hereby entering into the following agreements which amend, restate and supersede your prior key employee retention agreement with Emulex and its wholly owned subsidiary Emulex Corporation, a California Corporation with respect to your prior position as President and Chief Operating Officer of the Company:

September 5, 2006
Key Employee Retention Agreement • September 6th, 2006 • Emulex Corp /De/ • Computer communications equipment • California

Both Emulex Corporation, a Delaware corporation (“Emulex”) and its affiliates, and its wholly owned subsidiary, Emulex Corporate Services Corporation, a California Corporation (the “Company”) value your services as Executive Chairman. Because the Company, Emulex and its affiliates wish to assure themselves of both present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you and Emulex and the Company are hereby entering into the following agreements which amend, restate and supersede your prior key employee retention agreement with Emulex and its wholly owned subsidiary Emulex Corporation, a California Corporation with respect to your prior position as Chairman and Chief Executive Officer:

CHIEF EXECUTIVE OFFICER FORM] [DATE]
Key Employee Retention Agreement • February 4th, 2005 • Emulex Corp /De/ • Computer communications equipment • California

Both Emulex Corporation, a California corporation (the “Company”, including its affiliates), which is a wholly-owned subsidiary of Emulex Corporation, a Delaware corporation (“Emulex”), and Emulex value your services as Chairman and Chief Executive Officer of Emulex and the Company. Because the Company and Emulex wish to assure themselves of both present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you, the Company and Emulex are hereby entering into the following agreements:

EXECUTIVE OFFICER FORM] [DATE]
Key Employee Retention Agreement • February 4th, 2005 • Emulex Corp /De/ • Computer communications equipment • California

Congratulations on your appointment as [TITLE] of Emulex Corporation, a California corporation (the “Company”, including its affiliates), which is a wholly-owned subsidiary of Emulex Corporation, a Delaware corporation (“Emulex”). Because the Company and Emulex wish to assure themselves of both present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you, the Company and Emulex are hereby entering into the following agreements:

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