Resignation and Consulting Agreement between Extreme Networks, Inc. and Jim Judson (May 22, 2012)

Contract Categories: Human Resources › Consulting Agreements
Summary

This agreement documents Jim Judson's resignation from Extreme Networks, Inc., effective June 29, 2012, and sets terms for him to provide consulting services to the company at $175 per hour for at least two months after his resignation. Either party may end the consulting arrangement after the initial two-month period with five days' written notice. The agreement acknowledges Judson's prior service as Interim Chief Financial Officer and outlines the transition to a consulting role.

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EX-10.1 2 extr8k-may222012xex101.htm RESIGNATION AND CONSULTING AGREEMENT, DATED MAY 22, 2012, BETWEEN EXTREME NETWORKS, INC. AND JIM JUDSON EXTR 8K - May 22, 2012 - EX 10.1


May 22, 2012
 
Jim Judson
 
Dear Jim:
In connection with your resignation from Extreme Networks, Inc. effective June 29, 2012 (“Resignation Date”), we are confirming our agreement that you will continue to provide consulting, as needed, to the Company at a rate of $175.00 per hour for a minimum of two months after the Resignation Date. Either you or the Company may elect to terminate the consulting relationship beyond the two month period at any time with 5 days prior written notice to the other party.
We want to again thank you for your services as Interim Chief Financial Officer and for the contributions you made to Extreme Networks.

Sincerely,
 
EXTREME NETWORKS INC.
/s/ Diane Honda
Diane Honda
Vice President, General Counsel & Secretary


 
I agree to provide consulting to Extreme Networks, Inc. on the terms set forth in above.
 
 
 
 
 
 
/s/ James T. Judson
 
 
  
5/22/2012
Jim Judson
 
 
  
Date