Termination Agreement between Don Schlosser and Varolii Corporation (July 1, 2007)
This agreement confirms the termination of Don Schlosser's Employment Agreement with Varolii Corporation, effective July 1, 2007, as he transitions from his role as Chief Financial Officer to part-time employment. Both parties acknowledge and agree to end the prior employment contract dated June 1, 2006. The document is signed by Don Schlosser and Varolii's Vice President and General Counsel, Jeffry Shelby.
Exhibit 10.12
July 1, 2007
Varolii Corporation
821 2nd Avenue
Suite 1000, 10th Floor
Seattle, WA 98104
Termination of Employment Agreement
To Whom It May Concern:
Effective as of July 1, 2007, in connection with the termination of my service as the Chief Financial Officer of Varolii Corporation and my transition to part-time employment status, this letter hereby confirms the termination of my Employment Agreement with Varolii Corporation, dated as of June 1, 2006.
| Sincerely, |
| /s/ Don Schlosser |
| Don Schlosser |
| Acknowledged and Agreed: |
| /s/ Jeffry Shelby |
| Jeffry Shelby |
| Vice President and General Counsel |
