Re: Change in Control Letter AgreementLetter Agreement • February 9th, 2009 • Bakbone Software Inc • Services-prepackaged software
BakBone Software, Incorporated, a Canadian corporation (the “Company”), desires, for its continued success, to have the benefit of experienced management personnel. The Board of Directors of the Company therefore believes that it is in the best interests of the organization that, in the event of any prospective Change in Control (as hereinafter defined) of the Company, you be reasonably secure in your employment and position with the Company. In addition, in the event of a Change in Control, the Board of Directors also wants to enable you to exercise independent judgment as to the best interests of the Company and its stockholders without the distraction of any personal uncertainties or risks regarding your continued employment with the Company. In consideration of the foregoing, we are offering you the additional benefits outlined below:
February 9, 2009 Mr. Robert WrightBakbone Software Inc • February 9th, 2009 • Services-prepackaged software
On behalf of Bakbone Software Incorporated, a Canadian corporation (“Parent”), and BakBone Software, Inc., a California corporation and a wholly-owned subsidiary of Parent (“BakBone”), we would like to extend an offer of employment (“Agreement”) to you for the position of Senior Vice President-General Counsel of Parent and of BakBone reporting to Steve Martin, Senior Vice President and CFO. Your employment commencement date will be February 1, 2009.
