EMPLOYMENT AGREEMENTEmployment Agreement • June 1st, 2009 • Peerless Systems Corp • Services-prepackaged software • California
Peerless Systems Corporation, a Delaware Corporation, (the “Company”) and its successors and assigns, and William Neil, a natural person (“Executive”) (collectively, the “Parties”), make this EMPLOYMENT AGREEMENT (“Agreement”) as of May 26, 2009 (“Commencement Date”).
KYOCERA MITA Corporation 2-28, 1-Chome, Tamatsukuri, Chuo-ku, Osaka 540-8585 JapanPeerless Systems Corp • June 1st, 2009 • Services-prepackaged software
This letter amends and supplements: (i) the Asset Purchase Agreement, dated as of January 9, 2008, as amended and in effect immediately prior to the execution of this letter agreement (the “APA”), between Kyocera Mita Corporation (”Buyer”) and Peerless Systems Corporation (the “Seller”), and (ii) the General Escrow Agreement, dated April 30, 2008, (the “Escrow Agreement”) among City National Bank, Buyer and Seller. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the APA and the Escrow Agreement.
