EXECUTIVE SEVERANCE AND BONUS RESTRICTION AGREEMENT August 2, 2002Executive Severance and Bonus Restriction Agreement • November 13th, 2002 • Radisys Corp • Computer peripheral equipment, nec • Oregon
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<DOCUMENT> <TYPE>EX-10.3 <SEQUENCE>5 <FILENAME>v85803exv10w3.txt <DESCRIPTION>EXHIBIT 10.3 <TEXT> <PAGE> EXHIBIT 10.3 EXECUTIVE SEVERANCE AND BONUS RESTRICTION AGREEMENT August 2, 2002 Fred Yentz 2403 NW 40th Circle EXECUTIVE Boca Raton, Florida 33431 RadiSys Corporation an Oregon corporation 5445 NE Dawson Creek Parkway Hillsboro, Oregon 97124 RADISYS RadiSys considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of RadiSys and its shareholders. In order to induce Executive to remain employed by RadiSys in the face of uncertainties about the long-term strategies of RadiSys and their potential impact on the scope and nature of Executive's position with RadiSys, this Agreement, which has been approved by the Board of Directors of RadiSys, sets forth the bonus and severance benefits that RadiSys will provide to Executive in the event of Termination of Executive's Employment by RadiSys without Cause during
