John K. Buller Resignation Letter to Tully's Coffee Corporation Dated January 11, 2008
John K. Buller submitted his resignation as President, CEO, Board member, and from all other roles at Tully's Coffee Corporation, effective 30 days from January 11, 2008, unless the Board decides to release him earlier. The letter is addressed to the company's Chairman and Board of Directors and expresses appreciation for the company and its progress. Buller states his resignation is intended to give the Board flexibility in guiding the company's future direction.
Exhibit 10.1
John K. Buller
2101 Westlake Avenue N, #302
Seattle, WA 98012
206 ###-###-####
| TO: | Tully’s Coffee Corporation |
Attention: Chairman and Board of Directors
3100 Airport Way South
Seattle, WA 98134
| RE: | 30 Day Written Notice |
After considerable thought, and with the greatest respect for the company, its employees and investors, I have decided to resign giving 30 day notice which shall be effective February 8, 2008, unless the Board chooses to release me from my duties and obligations earlier.
This letter applies to my position as President and CEO of Tully’s Coffee Corporation, as a Board of Director, and all other associated roles with the Company. I am very proud of what has been accomplished over the past year, and the progress we have made. But I believe the company must continue to evolve to be successful, and my resignation will give the Board of Directors the broadest range of options in charting this evolution.
Tully’s has outstanding products, outstanding and talented employees, and legions of loyal customers. I believe that through the evolution of the company’s business model, Tully’s will have a bright future.
| January 11, 2008 | /s/ John K. Buller | |||
| Date | John K. Buller |
Copies to:
Patrick R. Lamb, Carney Badley Spellman, P.S.
Michael Dwyer, Lane Powell PC
