SEVERANCE AGREEMENTSeverance Agreement • October 9th, 2020 • CyrusOne Inc. • Real estate investment trusts • Texas
This SEVERANCE AGREEMENT (this “Agreement”) by and between Katherine Motlagh (“Employee”) and CyrusOne Management Services LLC, a Delaware Limited Liability Company (“Employer”) is effective as of November 2, 2020, or such earlier date as Employee commences employment with the CyrusOne Group (as defined below) on or after the date of execution of this Agreement by the parties hereto (the “Effective Date”).
Katherine Motlagh Dear Katherine:CyrusOne Inc. • October 9th, 2020 • Real estate investment trusts
On behalf of CyrusOne, I am happy to extend an offer to you for the position of Executive Vice President & Chief Financial Officer, reporting to our President & Chief Executive Officer (“CEO”), Bruce W. Duncan. This position is located at the corporate headquarters in Dallas, Texas. This offer is contingent upon you not being legally bound by a non-competition agreement that would prohibit your employment with the Company, successful completion of a background investigation and drug test, and you signing the CyrusOne Non-Disclosure and Non-Competition Agreement included with this offer letter. This offer is further subject to review and approval by the Compensation Committee of our Board of Directors (the “Compensation Committee”). Your anticipated start date with the Company is no later than November 2, 20201.
