By: William H. Largent President and Chief Executive Officer
EX-10.1 2 l21253aexv10w1.htm EX-10.1 EX-10.1
Exhibit 10.1
July 10, 2006
The Board of Directors
Gentlemen:
I hereby resign as Chief Technical Officer of Applied Innovation Inc. (Applied), and any other offices I may hold with Applied or any of its subsidiaries effective this date.
I understand that this resignation will be treated as a termination without cause by Applied and that I shall be entitled to the severance benefit provided under Section 9(d) of my Employment Agreement dated May 20, 2002.
| Sincerely, | ||||
| /s/ John F. Petro | ||||
| John F. Petro | ||||
Accepted and agreed to as of
July 10, 2006
July 10, 2006
Applied Innovation Inc.
/s/ William H. Largent
By: | William H. Largent | |
| President and Chief Executive Officer |
