Amendment to Employment, Separation and General Release Agreement between Overland Storage, Inc. and Robert Scroop

Summary

This letter agreement between Overland Storage, Inc. and Robert Scroop extends the separation date in their original Employment, Separation and General Release Agreement from August 14, 2008, to October 14, 2008. All other terms of the original agreement remain unchanged. Both parties have agreed to this extension by signing the letter.

EX-10.21 3 a08-21569_4ex10d21.htm EX-10.21

Exhibit 10.21

 

[Company Letterhead]

 

July 9, 2008

 

Robert Scroop

XXXXXXXXXXXX

San Diego, CA 92129

 

 

Re:

Employment, Separation and General Release Agreement

 

 

dated February 14, 2008

 

Dear Bob:

 

Reference is made to the above-referenced agreement (the “Agreement”).  Such Agreement provides for your Separation Date as August 14, 2008.  By execution of this letter agreement, the parties acknowledge that they would like to extend the Separation Date to October 14, 2008.  No other terms of the Agreement shall change.

 

Please acknowledge your consent to the change in your Separation Date by signing the below acknowledgement and returning it to me at your earliest convenience.

 

Very truly yours,

 

OVERLAND STORAGE, INC.

 

 

 

/s/ Vernon A. LoForti

 

Vernon A. LoForti

 

President and CEO

 

 

 

 

 

ACCEPTED AND AGREED:

 

 

 

By:

      /s/ Robert Scroop

 

Name:  Robert Scroop