| || |
| || ||agreement (the First Vesting Date). All vesting is subject to your continued service to Qualys through each vesting date. However, 100% of the then unvested shares subject to the RSUs shall accelerate and vest if: (i) Qualys incurs a change in control (as defined in the 2012 Equity Incentive Plan); and (ii) your employment is terminated by Qualys other than for cause (as will be defined in your RSU agreement), death or disability or you resign for good reason (as will be defined in your RSU agreement), in each case, during the period on, and 12 months following, a change in control.|
| ||Should Qualys terminate your employment without cause, you will be entitled to severance equal to four (4) months of your base salary, provided you sign Qualys Severance agreement and the Qualys General Release of Claims.|
As a Qualys employee, you will be expected to abide by Qualys rules and regulations, and sign and comply with the attached Proprietary Information and Inventions Agreement, which prohibits unauthorized use or disclosure of Qualys proprietary information.
Your employment relationship with Qualys is at-will. You may terminate your employment with Qualys at any time and for any reason whatsoever simply by notifying Qualys. Likewise, Qualys may terminate your employment at any time and for any reason whatsoever, with or without cause or advance notice. This at-will employment relationship cannot be changed except in a writing signed by a Qualys officer.
This letter, together with your Employee Proprietary Information and Inventions Agreement and the RSU agreement between you and Qualys (relating to your grant described above), forms the complete and exclusive statement of your employment agreement with Qualys. The employment terms in this letter supersede any other agreements or promises made to you by anyone, whether oral or written.
Your employment is contingent upon providing evidence of your legal right to work in the United States as required by the US Citizenship and Immigration Services.
We look forward to your acceptance of employment with Qualys under the terms described above. To accept this offer, please sign and date this letter. Please keep a copy of these documents for your records. This offer will expire on May 21, 2020 and is contingent upon successful reference checks and a satisfactory background check.
Joo Mi, we are excited about you joining our team. If you have any questions, please feel free to call me at ###-###-####.
/s/ Rima Touma Bruno
|Rima Touma Bruno|
|Chief Human Resources Officer|
919 East Hillsdale Boulevard, 4th Floor, Foster City, CA 94404
T 650 ###-###-#### F 650 ###-###-#### www.qualys.com