Severance Agreement between DAVOX Corporation and Michael J. Provenzano III

Summary

DAVOX Corporation and Michael J. Provenzano III, its Vice President Finance & Chief Financial Officer, agree that if Provenzano's employment ends due to economic layoff, downsizing, or required relocation, DAVOX will continue his base salary and medical benefits for up to six months or until he finds new employment, whichever comes first. These benefits are contingent on his compliance with company policies, especially regarding confidential information. DAVOX retains the authority to determine eligibility and interpret the agreement's terms.

EX-10.30 11 dex1030.txt SEVERANCE AGREEMENT MICHAEL J. PROVENZANO III Exhibit 10.30 DAVOX CORPORATION VICE PRESIDENT FINANCE & CHIEF FINANCIAL OFFICER SEVERANCE AGREEMENT DAVOX Corporation ("DAVOX") will provide to you the following terms and condition of salary and benefits continuation: (1.) DAVOX shall provide a continuation of your base salary and medical benefits at DAVOX's cost, as may be in effect at the time of a qualifying termination as set forth in subclause 2, commencing upon the date of termination, for a period of six (6) months or until such time as you assume new employment, whichever comes first; (2.) DAVOX shall provide continuation of salary and benefits as set forth in subclause (1) in the event your employment is terminated for the following reasons: (a) economic layoff; (b) downsizing of the Finance organization which results in the elimination of your position as Vice President Finance & Chief Financial Officer; or (c) reorganization of the Finance organization which would require you to relocate. Following the effective date of termination, as set forth in writing and furnished to you by DAVOX, your employment with DAVOX shall cease and you shall not hold yourself as an employee, agent, or representative of DAVOX. Continuation of salary and benefits shall further be subject to your compliance with any then existing company policies and such other terms as may be in effect between you and DAVOX pertaining to the disclosure of confidential or proprietary information. DAVOX has final authority to determine all questions of eligibility to receive benefits under this arrangement and to interpret and construe the terms of this arrangement. Approval: /S/ Alphonse M. Lucchese 8/1/00 ---------------------------------- ----------- Chairman & Chief Executive Officer Date /S/ Michael J. Provenzano 6/12/00 ---------------------------------- ----------- Vice President Finance & Chief Financial Officer Date