October 14, 2008 David L. Blakeney 9008 Audobon Drive Gibsonia, PA 15044 Dear Dave:Severance Agreement • October 22nd, 2008 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In order to induce you to accept and to remain in Tollgrade’s employment, 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 your employment with Tollgrade commences (the “Term”).
October 14, 2008 Ken Shebek 8005 Finch Road Gibsonia, PA 15044 Dear Ken:Severance Agreement • October 22nd, 2008 • Tollgrade Communications Inc \Pa\ • Services-telephone interconnect systems • Pennsylvania
Tollgrade Communications, Inc. (“Tollgrade”) considers the stability of its executive management team to be essential to Tollgrade’s best interests. In order to induce you to accept and to remain in Tollgrade’s employment, 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 your employment with Tollgrade commences (the “Term”).
