Westell Technologies Inc Sample Contracts

Westell Technologies Inc – NEWS RELEASE (February 7th, 2019)

AURORA, IL, February 6, 2019 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance network infrastructure solutions, announced results for its fiscal 2019 third quarter ended December 31, 2018 (3Q19). Management will host a conference call to discuss 3Q19 results and plans for future growth tomorrow, Thursday, February 7, 2019, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – NEWS RELEASE (October 31st, 2018)

AURORA, IL, October 31, 2018 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance network infrastructure solutions, announced results for its fiscal 2019 second quarter ended September 30, 2018 (2Q19). Management will host a conference call to discuss 2Q19 results and plans for future growth tomorrow, Thursday, November 1, 2018, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – NEWS RELEASE (August 1st, 2018)

AURORA, IL, August 1, 2018 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance network infrastructure solutions, announced results for its fiscal 2019 first quarter ended June 30, 2018 (1Q19) and, under new CEO leadership, a new course for future growth. Management will host a conference call to discuss 1Q19 results and plans for future growth tomorrow, Thursday, August 2, 2018, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT FOR AWARD GRANTED TO ALFRED S. JOHN ON MAY 21, 2018 (May 25th, 2018)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to Alfred S. John (the “Participant”) this 21st day of May 2018 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. FORM of RESTRICTED STOCK UNIT AWARD AGREEMENT (May 25th, 2018)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to Alfred S. John (the “Participant”) this 21st day of May 2018 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. NON-QUALIFIED STOCK OPTION (May 25th, 2018)

THIS NON-QUALIFIED STOCK OPTION, dated as set forth in the attached Memorandum is granted by WESTELL TECHNOLOGIES, INC. (the "Company"), to the Employee as set forth in the attached Memorandum (the “Employee”) pursuant to the Company's 2015 Omnibus Incentive Compensation Plan (the "Plan").

Westell Technologies Inc – NEWS RELEASE (May 23rd, 2018)

AURORA, IL, May 23, 2018 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced results for its fiscal 2018 fourth quarter ended March 31, 2018 (4Q18) and its fiscal year ended March 31, 2018 (FY18). Management will host a conference call to discuss financial and business results tomorrow, Thursday, May 24, 2018 at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – On behalf of the Board of Directors, I am very pleased to offer you the position of President and Chief Executive Officer of Westell Technologies, Inc. (“Company”) and President and Chief Executive Officer of Westell, Inc. (“Operating Subsidiary”). Your position will primarily be located at the Company’s headquarters in Aurora, Illinois and we expect you to spend most work days at the Company's headquarters (or visiting our clients or other operations). To facilitate that, you agree that you will maintain an apartment in the Aurora, Illinois area with no less than a one-year lease and that you (May 9th, 2018)
Westell Technologies Inc – NEWS RELEASE (May 9th, 2018)

AURORA, IL, May 9, 2018 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced that its Board of Directors has chosen Alfred S. (Stephen) John as the Company’s new President and CEO, effective May 21, 2018. Stephen succeeds interim President and CEO Kirk Brannock, who will retain the role of Chairman of the Board of Directors.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. FORM of RESTRICTED STOCK UNIT AWARD AGREEMENT (April 3rd, 2018)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to Kirk Brannock (the “Participant”) this 31st day of March 2018 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. FORM of RESTRICTED STOCK UNIT AWARD AGREEMENT (February 9th, 2018)
Westell Technologies Inc – Jesse Swartwood SEVERANCE AGREEMENT SEVERANCE AGREEMENT (February 9th, 2018)
Westell Technologies Inc – NEWS RELEASE (February 7th, 2018)

AURORA, IL, February 7, 2018 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced results for its fiscal 2018 third quarter ended December 31, 2017 (3Q18). Management will host a conference call to discuss financial and business results tomorrow, Thursday, February 8, 2018, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – November 24, 2017 Kirk R. Brannock 1642 Hamilton Drive Bloomfield MI 48302 Dear Kirk, On behalf of the Board of Directors, I am very pleased that you have accepted the position of Interim President and Chief Executive Officer of Westell Technologies, Inc. ("Company") and Interim President and Chief Executive Officer of Westell, Inc. ("Operating Subsidiary"). We agree that the position is on an interim basis and that you will continue as Chairman of the Board as well. You will report to the Board of Directors for the Company and the Operating Subsidiary. Subject to your meeting the below requir (November 27th, 2017)
Westell Technologies Inc – NEWS RELEASE (November 1st, 2017)

AURORA, IL, November 1, 2017 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced results for its fiscal 2018 second quarter ended September 30, 2017 (2Q18). Management will host a conference call to discuss financial and business results tomorrow, Thursday, November 2, 2017, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. RESTRICTED STOCK AWARD AGREEMENT (August 11th, 2017)

THIS RESTRICTED STOCK AWARD AGREEEMENT (“Award”) is entered into and granted this 7th day of July, 2017 (the "Grant Date") by Westell Technologies, Inc., a Delaware corporation (the “Company”) to Kirk R. Brannock ("Mr. Brannock", "you", or the “Participant”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT FOR AWARD GRANTED TO MATTHEW B. BRADY ON JULY 17, 2017 (August 11th, 2017)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to Matthew B. Brady (the “Participant”) this 17th day of July 2017 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. NON-QUALIFIED STOCK OPTION (August 11th, 2017)

THIS NON-QUALIFIED STOCK OPTION, dated as set forth in the attached Memorandum is granted by WESTELL TECHNOLOGIES, INC. (the "Company"), to the Employee as set forth in the attached Memorandum (the “Employee”) pursuant to the Company's 2015 Omnibus Incentive Compensation Plan (the "Plan").

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. FORM of RESTRICTED STOCK UNIT AWARD AGREEMENT (August 11th, 2017)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to Matthew B. Brady (the “Participant”) this 17th day of July 2017 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – NEWS RELEASE (August 9th, 2017)

AURORA, IL, August 9, 2017 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced results for its fiscal 2018 first quarter ended June 30, 2017 (1Q18). Management will host a conference call to discuss financial and business results tomorrow, Thursday, August 10, 2017, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – July 4, 2017 1240 Camelot Lane Lemont, IL 60439 Dear Matt, On behalf of the Board of Directors, I am very pleased to offer you the position of President and Chief Executive Officer of Westell Technologies, Inc. (“Company”) and President and Chief Executive Officer of Westell, Inc. (“Operating Subsidiary”). Your position will primarily be located at the Company’s headquarters in Aurora, Illinois. You will report to the Board of Directors for the Company and the Operating Subsidiary. Subject to your meeting the (July 10th, 2017)
Westell Technologies Inc – Re: Employment Agreement Matters (July 10th, 2017)

particular, Westell is no longer providing such agreements, but instead is setting forth terms and conditions of employment in offer letters.

Westell Technologies Inc – CERTIFICATE OF AMENDMENT OF AMENDED AND RESTATED CERTIFICATE OF INCORPORATION (May 31st, 2017)

WESTELL TECHNOLOGIES, INC., a corporation organized and existing under and by virtue of the General Corporation Law of the State of Delaware (the “Corporation”), DOES HEREBY CERTIFY AS FOLLOWS:

Westell Technologies Inc – NEWS RELEASE (May 31st, 2017)

AURORA, IL, May 31, 2017 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced that at a special meeting held on May 30, 2017, stockholders voted to approve a proposal authorizing the Board of Directors of the Company to effect a reverse stock split of the Company’s outstanding Class A and Class B Common Stock at a ratio of 1-for-4. Westell’s Class A Common Stock is expected to begin trading at the post-split level as of the commencement of trading on Thursday, June 8, 2017.

Westell Technologies Inc – NEWS RELEASE (May 24th, 2017)

AURORA, IL, May 24, 2017 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced results for its fiscal 2017 fourth quarter ended March 31, 2017 (4Q17). Management will host a conference call to discuss financial and business results after market close today, Wednesday, May 24, 2017 at 4:30 PM Eastern Time (details below).

Westell Technologies Inc – NEWS RELEASE (May 17th, 2017)

AURORA, IL, May 17, 2017 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced that its Board of Directors has authorized a new stock repurchase program of up to $2 million of its Class A common stock.

Westell Technologies Inc – Westell Negotiates New Lease at its Aurora Headquarters Facility Company Expects Annual $2.0 Million Reduction in Cash Outlays (April 3rd, 2017)

AURORA, Ill., April 3, 2017 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced today that it expects to save approximately $2.0 million annually after negotiating a new three-year lease on a portion of its current Aurora, Illinois, headquarters facility.

Westell Technologies Inc – NEWS RELEASE (March 8th, 2017)

AURORA, Ill., March 8, 2017 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced today that Cary B. Wood, former President and Chief Executive Officer of Sparton Corporation, has been appointed to Westell’s Board of Directors. Mr. Wood will serve as a member of the Audit Committee. Martin D. Hernandez, a Westell board member since 2009, is stepping down from the board.

Westell Technologies Inc – NEWS RELEASE (February 8th, 2017)

AURORA, IL, February 8, 2017 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced results for its fiscal 2017 third quarter ended December 31, 2016 (3Q17). Management will host a conference call to discuss financial and business results tomorrow, Thursday, February 9, 2017, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – NEWS RELEASE (January 30th, 2017)

AURORA, Ill., January 30, 2017 - Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, announced today that Mark A. Zorko, a principal with executive management and business support services firm Brentwood Advisory, LLC, has been appointed to Westell’s board of directors. Mr. Zorko will serve as Chairman of the Audit Committee. Fared Adib, a Westell board member since 2014, is stepping down from the board.

Westell Technologies Inc – NEWS RELEASE (January 3rd, 2017)

AURORA, IL, January 3, 2017 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced that it received approval from the NASDAQ Stock Market to transfer the listing of the Company's Class A Common Stock to the NASDAQ Capital Market from the NASDAQ Global Select Market. In addition, NASDAQ approved an additional 180-day grace period to regain compliance with NASDAQ’s minimum bid requirement.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. LEADERSHIP TEAM FORM of RESTRICTED STOCK UNIT AWARD AGREEMENT (November 4th, 2016)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to _______________________ (the “Participant”) this first day of November 2016 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – WESTELL TECHNOLOGIES, INC. RESTRICTED STOCK UNIT AWARD AGREEMENT (November 4th, 2016)

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT is granted by WESTELL TECHNOLOGIES, INC. (the “Company”) to Kirk R. Brannock (the “Participant”) this 17th day of October 2016 (the “Grant Date”) pursuant to the Company’s 2015 Omnibus Incentive Compensation Plan (the “Plan”). The applicable terms of the Plan are incorporated herein by reference, including the definitions of terms contained therein.

Westell Technologies Inc – NEWS RELEASE (November 2nd, 2016)

AURORA, IL, November 2, 2016 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced results for its fiscal 2017 second quarter ended September 30, 2016 (2Q17). Management will host a conference call to discuss financial and business results tomorrow, Thursday, November 3, 2016, at 9:30 AM Eastern Time (details below).

Westell Technologies Inc – NEWS RELEASE (August 10th, 2016)

AURORA, IL, August 10, 2016 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance wireless infrastructure solutions, today announced results for its fiscal 2017 first quarter ended June 30, 2016 (1Q17). Management will host a conference call to discuss financial and business results tomorrow, Thursday, August 11, 2016, at 9:30 AM Eastern Time (details below).