Tolling Agreement between Gregory L. Reyes and Brocade Communications Systems, Inc. and Its Directors (2006)
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Summary
Gregory L. Reyes and Brocade Communications Systems, Inc., along with its directors, have agreed to pause the running of any legal time limits for claims they may have against each other. This agreement delays the start or continuation of any lawsuits between the parties from January 1, 2006, until either January 1, 2008, or 45 days after written notice to end the agreement is given. The purpose is to allow more time before any legal action must be taken, without losing legal rights due to time limits.
EX-10.2 3 f18060exv10w2.htm EXHIBIT 10.2 exv10w2
Exhibit 10.2
TOLLING AGREEMENT
This Agreement is entered into as of January 1, 2006 between Gregory L. Reyes (Reyes), on the one hand, and Brocade Communications Systems, Inc., David House, William Krause, Nicholas Moore, William OBrien, Christopher Paisley, Larry Sonsini, Seth Neiman, Neal Dempsey and Sanjay Vaswani (collectively referred to as Brocade and its Directors), on the other, who agree as follows:
As consideration for deferring litigation until a later date, the parties agree that all periods of limitation (statutory or otherwise) affecting any claims or causes of action which Reyes may have against Brocade and its Directors or any of them, or which Brocade and its Directors or any of them may have against Reyes, shall be tolled from January 1, 2006 until the earlier of (1) January 1, 2008, or (2) forty-five (45) days from the date of service upon the attorneys for the parties hereto of a written notice terminating this agreement.
Dated: January 23, 2006
SNYDER MILLER & ORTON, LLP | ||||
By: | /s/ Luther Orton | |||
Luther Orton | ||||
Attorneys for Gregory L. Reyes | ||||
Dated: January 23, 2006
WILSON SONSINI GOODRICH & ROSATI Professional Corporation | ||||
By: | /s/ Nina F. Locker | |||
Nina F. Locker | ||||
Attorneys for Brocade Communications Systems, Inc., David House, William Krause, Nicholas Moore, William OBrien, Christopher Paisley, Larry Sonsini, Seth Neiman, Neal Dempsey and Sanjay Vaswani