July 14, 2006Severance Agreement • August 8th, 2006 • Network Engines Inc • Services-prepackaged software • Massachusetts
In connection with the termination of your employment with Network Engines, Inc. (the “Company”) on July 14, 2006, you are eligible to receive the severance benefits described in the “Description of Severance Benefits” attached to this letter as Attachment A if you sign and return this letter agreement to Carol Walsh in the enclosed envelope by August 28, 2006. By signing and returning this letter, you will be entering into a binding agreement with the Company and will be agreeing to the terms and conditions set forth in the numbered paragraphs below, including the release of claims set forth in paragraph 3. Therefore, you are advised to consult with your attorney before signing this letter and you may take up to forty-five (45) days to do so. If you sign this letter, you may change your mind and revoke your agreement during the seven (7) day period after you have signed it. If you do not so revoke, this letter will become a binding agreement between you and the Company upon the expira
