SEPARATION AGREEMENT, RELEASE ----------------------------- AND CONSULTING AGREEMENT ------------------------ WHEREAS, David J. Rynne ("Rynne") desires to voluntarily resign from his employment with Tandem Computers Incorporated ("Tandem"); and...Separation Agreement • May 14th, 1997 • Tandem Computers Inc /De/ • Electronic computers • California
EXHIBIT 10.21Settlement Agreement • May 14th, 1997 • Tandem Computers Inc /De/ • Electronic computers
Pursuant to an employment agreement between Tandem Computers Incorporated ("Tandem") and James G. Treybig ("Treybig") dated as of May 19, 1995 (the "Employment Agreement"), as amended as of January 10, 1996 (the "Amendment"), Treybig retired from employment with Tandem on January 10, 1996. As of January 18, 1996 Tandem and Treybig entered into a settlement agreement and general release to satisfy Treybig's obligations under Section 5 of the Amendment. Tandem and Treybig desire to enter into an agreement to resolve the amount payable to Treybig pursuant to clause (ii) of Section 2 of the Amendment.
