Termination of Consulting Agreement between Cyberonics, Inc. and BK Consulting

Summary

Cyberonics, Inc. and BK Consulting have mutually agreed to end their Consulting Agreement, originally dated August 25, 2005 and amended on August 23, 2006. The termination is effective as of November 19, 2006. Both parties have signed this document to confirm the agreement's conclusion and release each other from further obligations under the original contract.

EX-10.1 2 exhibit1.htm EX-10.1 EX-10.1

Exhibit 10.1

TERMINATION OF CONSULTING AGREEMENT

The undersigned parties to the Consulting Agreement dated August 25, 2005, as amended on August 23, 2006, (the “Agreement”) hereby agree to terminate the Agreement effective as of November 19, 2006.

IN WITNESS WHEREOF, the parties have caused this Termination of Consulting Agreement to be executed by their duly authorized representative.

     
Cyberonics, Inc.
  BK Consulting
 
   
 
   
By:     /s/ David S. Wise      
  By:     /s/ Reese S. Terry, Jr.     
 
   
 
   
David S. Wise, Vice President
  Reese S. Terry, Jr.
 
   
 
   
Date:     December 13, 2006     
  Date:     December 13, 2006