Re: Separation Agreement and ReleaseSalary. Com, Inc. • January 11th, 2008 • Services-prepackaged software • Massachusetts
This letter (the “Letter Agreement”) summarizes our understanding regarding your termination of employment with Salary.com, Inc. (“Salary.com”). December 31, 2007 will be the date on which your employment with Salary.com will terminate (the “Termination Date”). As of the Termination Date, your salary, vacation accrual and all other benefits and compensation of every kind or nature from Salary.com will cease except as required by federal or state law, or otherwise set forth below. You acknowledge that from and after the Termination Date, you shall have no authority to represent yourself as an employee or agent of Salary.com, and you agree not to represent yourself in the future as an employee or agent of Salary.com. You will remain a member of the Board of Directors of Salary.com until such time as you are requested to resign, whereupon you agree to promptly tender your resignation in writing.
