Amendment No. 2 to Employment Agreement between EasyLink Services Corporation and Gerald Gorman (Termination)

Contract Categories: Human Resources › Separation Agreements
Summary

This amendment, dated December 23, 2004, is between EasyLink Services Corporation and Gerald Gorman. It terminates the existing employment agreement between the parties, except for certain provisions related to confidentiality, intellectual property, and miscellaneous terms, which will remain in effect. The termination is linked to a separate Domain Portfolio Purchase Agreement executed on the same date. Both parties have agreed to these terms and signed the amendment.

View More
EX-10.3 4 b403173_ex10-3.txt AMENDMENT TO EMPLOYMENT AGREEMENT EXHIBIT 10.3 Amendment No. 2 dated December 23, 2004 (Termination of Employment Agreement) To Employment Agreement dated November 12, 2002 Amendment No. 2 (this "Amendment") dated December 23rd, 2004 to Employment Agreement (the "Agreement") dated November 12, 2002 between EasyLink Services Corporation ("EasyLink") and Gerald Gorman (the "Executive"), amended previously on November 12, 2003. WHEREAS, the Company and the Executive desire to terminate the Agreement on the terms and conditions set forth herein; NOW, THEREFORE, in consideration of the terms and conditions of that certain Domain Portfolio Purchase Agreement of even date herewith, the Company and the Executive hereby agree as follows: 1. The parties hereto hereby agree that, except as expressly set forth below, the Agreement is terminated effective this even date herewith. 2. The following provisions of the Agreement, as previously amended, shall survive this termination: a. Section 5 concerning "Confidentiality and Restrictive Covenants;" b. Section 6 concerning "Intellectual Property;" and c. Section 8 containing miscellaneous provisions. IN WITNESS WHEREOF, the Company and the Executive have executed this Agreement as of the date first written above. EXECUTIVE EASYLINK SERVICES CORPORATION /s/Gerald Gorman By: /s/Thomas Murawski - -------------------------- --------------------------------------- Gerald Gorman Name: Thomas Murawski Title: President & Chief Executive Officer