LETTERHEAD APPEARS HERE]Separation Agreement • December 10th, 2004 • Avici Systems Inc • Computer communications equipment • Massachusetts
In recognition of your four plus years of employment and contributions to the Company as President, CEO and director and previously as COO, and as acknowledgement that this separation was prompted by the rapidly changing landscape in the telecommunications equipment business and was not for cause, the Company agrees with you to the following separation terms. This letter summarizes the terms of your separation and release agreement with Avici Systems Inc. (hereinafter the “Company” or “Avici”). The date on which you execute this Agreement shall be the “Effective Date”.
