Amendment to Severance Agreement between Digi International Inc. and Subramanian Krishnan (November 20, 2000)

Summary

This amendment updates the severance agreement between Digi International Inc. and Subramanian Krishnan. If Mr. Krishnan is terminated without cause by the Company on or before the January 2001 Annual Meeting of Shareholders, he will receive severance pay equal to one year's base salary and a pro-rated bonus based on his cash bonus target. All other terms of the original agreement remain unchanged. The amendment is effective upon acceptance by Mr. Krishnan.

EX-10.(E)(I) 3 c59054ex10-ei.txt AMENDMENT TO THE AGREEMENT DATED NOVEMBER 20, 2000 1 EXHIBIT 10(e)(i) November 20, 2000 PERSONAL AND CONFIDENTIAL Mr. Subramanian Krishnan Digi International Inc. 11001 Bren Road East Minnetonka, MN 55343 Dear Kris: This letter confirms the terms of an amendment to your severance agreement with the Company as set forth in the letter agreement dated March 26, 1999 (the "Agreement"). Except as specifically provided for herein, the terms of the Agreement remain in full force and effect. If you are terminated by the Company without "cause" on or before the date of the January 2001 Annual Meeting of Shareholders or any adjournment thereof, you would be entitled to severance equal to one year's base salary and a bonus (if earned), based on your cash bonus target that would be pro-rated for the portion of the fiscal year through the termination date. The Agreement as amended by this letter constitutes the entire agreement between you and the Company regarding the subject matter contained therein and supersedes all prior agreements and understandings relating thereto. If the terms outlined above are acceptable, please confirm by signing the enclosed copy below and returning it to me. Very truly yours, DIGI INTERNATIONAL INC. By Joseph T. Dunsmore President and Chief Executive Officer ACCEPTED: /s/ Subramanian Krishnan ------------------------------------- Subramanian Krishnan