DATE] [EMPLOYEE] [ADDRESS] [ADDRESS] Dear [EMPLOYEE]:Severance Program Agreement • January 8th, 2021 • On24 Inc • Services-prepackaged software
You are currently employed by ON24, Inc. (“ON24” or the “Company”) pursuant to the terms of a written agreement with the Company dated [DATE] (the “Agreement”). The Agreement sets forth, or may set forth, certain severance benefits that you are entitled to receive under specified circumstances, subject to terms and conditions set forth in the Agreement. Based on a May 21, 2019 Unanimous Written Consent of the Company’s Board of Directors (the “UWC”), the Company has adopted a severance program that applies to certain of its executive and non-executive employees (the “Severance Program”), subject to the employees’ right to opt-out of the Severance Program in their sole discretion (the “Opt-Out Right”), for example if the employees determine that their existing severance benefits, if any, are superior to the benefits provided in the Severance Program.
Severance Program AgreementSeverance Program Agreement • April 24th, 2014
