TRANSITION AGREEMENT AND RELEASE OF CLAIMSTransition Agreement and Release of Claims • March 16th, 2023 • Rackspace Technology, Inc. • Services-computer programming, data processing, etc. • Texas
Contract Type FiledMarch 16th, 2023 Company Industry JurisdictionThis Transition Agreement and Release of Claims (this “Release”) is entered into between Holly Windham (“Executive”) and Rackspace Technology, Inc. (together with its subsidiaries and affiliates, including Rackspace US, Inc, the “Company” and together with Executive, the “Parties”). The Parties agree and acknowledge that (i) Executive’s last day as Chief People Officer (but not Chief Legal Officer) of the Company was December 16, 2022, (ii) Executive’s last day as Chief Legal Officer of the Company will be January 16, 2023 (the “Transition Date”) and (iii) Executive will help to transition the duties of Chief Legal Officer to her interim successor from the Transition Date through January 31, 2023, at which point Executive will be on garden leave and continue to receive her base salary through February 28, 2023 (the “Termination Date”), following which Executive will experience a qualifying termination of employment under that certain employment agreement between the Parties dated as of
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2023 • Rackspace Technology, Inc. • Services-computer programming, data processing, etc.
Contract Type FiledMarch 16th, 2023 Company IndustryThis Second Amendment to the Employment Agreement is dated March 13, 2023 by and between Naushaza Molu (“Employee”) and Rackspace US, Inc. (the “Company”).