Exhibit 10.33 TO: Rick Goshorn DEPARTMENT: Human Resources FROM: Bill McDaniel DATE: December 12, 2002 SUBJECT: Acterna Corporation, Inc. Senior Management Retention Agreement -----------------------------------------------------------...Acterna Corp • July 29th, 2003 • Instruments for meas & testing of electricity & elec signals
Company FiledJuly 29th, 2003 IndustryThis memorandum describes a payment (the "Payment") to be made available to you. The Payment is subject to the terms and conditions of the this memorandum, as set forth below. You will be eligible to receive a total of $300,000, earned and paid in three installments. The first installment will be paid on or about December 20, 2002 covering the period of December 20, 2002 -March 31, 2003; the remaining installments will be earned on April 1, 2003 and October 1, 2003, respectively, and paid on the next following regular payroll date (each, a "Payment Date") covering the period of April 1, 2003 - October 1, 2003. The first and second installments will be equal to twenty-five percent (25%) of the total Payment, the final installment will be the remaining fifty percent (50%) of the Payment. In order to receive each installment, you must sign this memorandum, adhere to its terms, and you must be employed with the Company on the applicable Payment Date. You earn each installment and the right
Exhibit 10.31 TO: John Peeler, CEO & President DEPARTMENT: Human Resources FROM: Bill McDaniel DATE: December 12, 2002 SUBJECT: Acterna Corporation, Inc. Senior Management Retention Agreement -----------------------------------------...Acterna Corp • July 29th, 2003 • Instruments for meas & testing of electricity & elec signals
Company FiledJuly 29th, 2003 IndustryThis memorandum describes a payment (the "Payment") to be made available to you. The Payment is subject to the terms and conditions of the this memorandum, as set forth below. You will be eligible to receive a total of $1,000,000, earned and paid in three installments. The first installment will be paid on or about December 20, 2002 covering the period of December 20, 2002 -March 31, 2003; the remaining installments will be earned on April 1, 2003 and October 1, 2003, respectively, and paid on the next following regular payroll date (each, a "Payment Date") covering the period of April 1, 2003 - October 1, 2003. The first and second installments will be equal to twenty-five percent (25%) of the total Payment, the final installment will be the remaining fifty percent (50%) of the Payment. In order to receive each installment, you must sign this memorandum, adhere to its terms, and you must be employed with the Company on the applicable Payment Date. You earn each installment and the rig