Amendment to Employment Agreement between Registrant and Dror Levy (February 1, 2011)

Summary

This amendment updates the employment agreement between the company (Registrant) and Dror Levy, originally dated June 9, 2002. The main change is an increase in the notice period required for termination from one month to five months. All other terms and conditions of the original employment agreement remain unchanged. The amendment is effective as of February 1, 2011.

EX-10.35 6 dex1035.htm AMENDMENT TO EMPLOYMENT AGREEMENT BY AND BETWEEN REGISTRANT AND DROR LEVY Amendment to Employment Agreement by and between Registrant and Dror Levy

Exhibit 10.35

February 1st, 2011

Dror Levy

Subject: Update to your Employment Agreement dated June 9th, 2002

Dear Dror,

The notice peiod as defined in section 3a of your employement agreement dated June 9th, 2002 shall be increased to five (5) months from one (1) month previously.

All other terms and conditions of the current employment agreement (including the Company’s procedures as amended from time to time) remain unchanged and shall apply.

 

Best Regards,  
            Tali Chen  
Corporate Vice President  
        Human Resources  

2580 North First Street, Suite 460

San Jose, CA 95131