CONFIDENTIAL SETTLEMENT AGREEMENT AND RELEASE by and between NORTEL NETWORKS LIMITED, NORTEL NETWORKS INC., FOUNDRY NETWORKS, INC., BOBBY R. JOHNSON, Jr., H. EARL FERGUSON, deceased, and JEFFREY PRINCE. Effective Date: 25 October 2004Settlement Agreement • March 11th, 2005 • Foundry Networks Inc • Computer communications equipment • Massachusetts
This Confidential Settlement Agreement and Release (“Settlement Agreement”) is entered into as of October 25, 2004 (“Effective Date”), by and between Foundry Networks, Inc., a Delaware corporation (“Foundry”); Bobby R. Johnson, Jr., a natural person (“Johnson”); the Estate of H. Earl Ferguson, deceased (“Ferguson”); Jeffrey Prince, a natural person (“Prince”); Nortel Networks Limited, a corporation organized under the laws of Canada, and Nortel Networks Inc., a Delaware corporation. Nortel Networks Limited, Nortel Networks Inc., Foundry, Johnson, Ferguson and Prince are hereinafter referred to jointly as the “Parties” and each individually as a “Party”.
