Letter Agreement for Merger-Related Bonus between Data Critical Corporation and Michael E. Singer, Acknowledged by General Electric Company

Summary

Data Critical Corporation agrees to pay Michael E. Singer, its Executive Vice President and CFO, a $200,000 cash bonus upon the successful closing of the company's merger with a General Electric Company affiliate. This bonus is in addition to any other compensation Singer is entitled to under existing agreements. The agreement is acknowledged by General Electric Company, making the bonus contingent on the merger's completion.

EX-10.10 11 dex1010.txt LETTER AGREEMENT-M. SINGER Exhibit 10.10 Data Critical Corporation 19820 North Creek Parkway, Suite 100 Bothell, WA 98011 phone ###-###-####/facsimile ###-###-#### July 18, 2001 Michael E. Singer Executive Vice President, Corporate Development and Chief Financial Officer Dear Michael: In appreciation of your contributions to the Company, I would like to offer you a cash bonus of $200,000 that will vest and be payable immediately upon the closing of our merger with and into a General Electric Company affiliate. This amount will be in addition to any other payments and benefits to which you are entitled under your other agreements with the Company. Very truly yours, DATA CRITICAL CORPORATION /s/ Richard L. Earnest --------------------------------- By: Richard L. Earnest Title: Chief Executive Officer ACCEPTED AND AGREED: MICHAEL E. SINGER /s/ Michael E. Singer - --------------------------- ACKNOWLEDGED: GENERAL ELECTRIC COMPANY By: /s/ Pamela Krop ------------------------ Name: Pamela Krop Title: Vice President and General Counsel