Ask Jeeves Letterhead]Severance Agreement • January 25th, 2005 • Ask Jeeves Inc • Services-business services, nec
We are pleased to inform you that the Compensation Committee of the Board of Directors of Ask Jeeves, Inc. (the “Company”) approved a new special severance benefit program for you and other key executives. The Compensation Committee approved the substance of the new program on October 28, 2004 and recently approved the final form of this agreement. The purpose of this letter agreement is to set forth the terms and conditions of your new severance package and to explain the limitations that may impact the overall value of that package under certain circumstances.
