Consulting and Transition Agreement between Bloom Energy and Randy Furr (March 31, 2020)
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Summary
This agreement between Bloom Energy and Randy Furr confirms that Randy's employment ends on March 31, 2020, after which he will serve as a consultant from April 1, 2020, to April 1, 2021. As a consultant, Randy will not receive salary or benefits but will provide support to the company's leadership as needed. His stock vesting continues for one year, and the remainder of his 2019 RSU grant may be accelerated with committee approval.
EX-10.45 6 ex1045-furrletter.htm EX-10.45 Document
4353 N. First Street, San Jose, CA 95134 ###-###-#### F ###-###-#### www.bloomenergy.com
[Bloom Energy Letterhead]
Exhibit 10.45
March 31, 2020
Randy Furr
Dear Randy,
Your last date of employment as an employee will be March 31, 2020.
You will assume the role of Consultant effective April 1, 2020 through April 1, 2021. During the period that you operate as a Consultant, you will not be eligible for a salary or benefits. As a Consultant, you will make yourself available as needed to provide support to the CEO, CFO and the Executive Team.
Your stock vesting will continue per the terms and conditions of the plans for one year through April 1, 2020. The remainder of your 2019 RSU grant will be accelerated subject to Compensation Committee approval.
The signatures below document the agreements outlined above.
Date: 3/31/2020
/s/ Sonja Wilkerson
Sonja Wilkerson
EVP, Chief People Officer
/s/ Randy Furr
Randy Furr
Exiting CFO
4353 N. First Street, San Jose, CA 95134 ###-###-#### F ###-###-#### www.bloomenergy.com
