AMENDED AND RESTATED RETENTION AGREEMENTRetention Agreement • October 1st, 2007 • Overland Storage Inc • Computer storage devices • California
This Amended and Restated Retention Agreement (this “Agreement”) is entered into on September 27, 2007 between Overland Storage Inc., a California corporation having its principal offices at 4820 Overland Avenue, San Diego, California 92123 (the “Company”), and Vernon A. LoForti (“Employee”). This Agreement amends, restates and supersedes in its entirety that certain Retention Agreement effective January 27, 2000 between the Company and Employee.
AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • October 1st, 2007 • Overland Storage Inc • Computer storage devices • California
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is entered into between Overland Storage, Inc., a California corporation (“Employer” or the “Company”) and Vernon A. LoForti (“Executive”) on September 27, 2007. This Agreement is entered into in connection with the appointment of Executive to the new position of President and Chief Executive Officer of the Company on August 7, 2007 (the “Effective Date”), and shall be deemed effective as of such date. This Agreement amends, restates and supersedes in its entirety that certain Employment Agreement effective December 4, 2000 between Employer and Executive.
