Severance Arrangement with David P. SommersSeverance Arrangement • June 4th, 2007 • Netscout Systems Inc • Services-computer integrated systems design
Contract Type FiledJune 4th, 2007 Company IndustryNetScout Systems, Inc. (the “Company”) has a severance arrangement with David P. Sommers, the Senior Vice President, General Operations and Chief Financial Officer of the Company. Pursuant to this arrangement, if Mr. Sommers is terminated by the Company for any reason other than Due Cause or if Mr. Sommers terminates his employment with the Company for Good Reason, Mr. Sommers will receive severance equal to twelve (12) months of his base salary at the time of such termination. If Mr. Sommers’ employment is terminated for Due Cause or if he elects to terminate his employment with the Company for any reason other than a Good Reason, he will not be entitled to any severance payment.