Amendment to Separation Agreement between Entrust, Inc. and John A. Ryan (August 22, 2001)

Contract Categories: Human Resources › Separation Agreements
Summary

This amendment updates the separation agreement between Entrust, Inc. and John A. Ryan. It extends Mr. Ryan's consulting period until October 31, 2001, and lengthens his non-competition obligation from 63 weeks to 70 weeks. All other terms of the original agreement remain unchanged. Both parties must sign the amendment for it to take effect.

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EX-10.1 3 dex101.txt AMENDMENT TO SEPARATION AGREEMENT EXHIBIT 10.1 August 22, 2001 John A. Ryan 5001 Red Wolf Lane Plano, TX 75093 Dear John: With respect to your separation agreement and release dated February 22, 2001 with Entrust, Inc., we will extend the consulting period referred to in paragraph 15 until October 31, 2001. Also, the duration of your non-competition obligations referred to in paragraph 12 will be extended from 63 weeks to 70 weeks. All other terms and conditions of the agreement will remain in effect. If you agree, please sign a copy of this letter and return it to me. Yours very truly, /s/ JAY KENDRY -------------------------------- Jay Kendry VP & CLO I have read and agree to the terms set forth in this letter. /s/ JOHN A. RYAN - -------------------------- John A. Ryan