0000352789-06-000041 Sample Contracts

IOMEGA CORPORATION UNANIMOUS WRITTEN CONSENT TO ACTION TAKEN BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS
Executive Transition Agreement • May 12th, 2006 • Iomega Corp • Computer storage devices

The undersigned, being all of the members of the Compensation Committee of the Board of Directors of Iomega Corporation (the “Company”), have taken the following action by unanimous written consent without a meeting, such action to be effective on the date indicated below:

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SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement • May 12th, 2006 • Iomega Corp • Computer storage devices • California
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