0000950123-09-066622 Sample Contracts
November 24, 2009 Michael D. Bornak 153 Penncrest Circle White Oak, PA 15131 Dear Mike:Severance Agreement • November 30th, 2009 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
Contract Type FiledNovember 30th, 2009 Company Industry JurisdictionTollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. This severance agreement (the “Agreement”) describes the severance compensation which Tollgrade agrees will be provided to you in the event your employment with Tollgrade is terminated under the circumstances described below. This Agreement will remain in effect for a period of two (2) years from the date signed by you below.