RETENTION BONUSAgreement • August 7th, 2006 • Avici Systems Inc • Computer communications equipment • Massachusetts
You will receive a retention bonus if (1) you remain actively employed full-time with the Company for the one-year period immediately following the Effective Date (the “Retention Period”); (2) prior to a Change of Control that occurs before the end of the Retention Period, your employment is terminated without Cause; or (3) at the time of or following a Change of Control that occurs before the end of the Retention Period, your employment is terminated without Cause or you resign for Good Reason.
This agreement is entered into by and between Avici Systems Inc. (the “Company”) and T.S. Ramesh (“you”).Agreement • August 7th, 2006 • Avici Systems Inc • Computer communications equipment • Massachusetts
You will receive severance pay if you are terminated from employment with the Company without Cause or if you resign for Good Reason.
