Engage, Inc. Letter Confirming Executive Resignation Benefits for Anthony Nuzzo (September 24, 2001)

Summary

Engage, Inc. confirms in this letter to Anthony Nuzzo that, following his resignation as CEO, President, and director effective September 30, 2001, he will receive all rights and benefits under Section 3A of his Executive Retention Agreement. The letter also affirms his entitlement to additional benefits outlined in a prior letter from Frank B. Campanella dated September 10, 2001. This document formalizes the company's commitment to provide these post-resignation benefits to Mr. Nuzzo.

EX-10.1 6 b41354ex10-1.txt LETTER FROM THE COMPANY TO ANTHONY NUZZO- 9/24/01 EXHIBIT 10.1 September 24, 2001 Mr. Anthony Nuzzo 22 Chatham Circle Wellesley, MA 02481 Dear Tony: This letter will confirm that, pursuant to the action taken by the Board of Directors of Engage, Inc. ("Engage"), on Thursday, September 20, 2001, notwithstanding anything to the contrary contained in the Executive Retention Agreement dated as of November 7, 2000, by and between Engage and you (the "Retention Agreement"), as a result of your resignation from your positions at Chief Executive Officer and President and as a director of Engage, you will be entitled to receive all of the rights and benefits afforded to you under Section 3A of the Retention Agreement commencing on your last day of employment on September 30, 2001. In addition, you are entitled to receive all of the rights and benefits set forth in that certain letter from Frank B. Campanella to you, dated as of September 10, 2001. Very truly yours, Engage, Inc. By: /s/ Michael K. Baker ------------------------------------------ Michael K. Baker Executive Vice President & General Counsel