EXHIBIT 10.52 SEPARATION AGREEMENT AND RELEASE -------------------------------- AGREEMENT made as of the 30th day of March 1999, by and between Peritus Software Services, Inc. (the "Company") and Peter Espinosa (the "Employee"). WHEREAS, the parties...Separation Agreement • April 15th, 1999 • Peritus Software Services Inc • Services-computer programming services • Massachusetts
EXHIBIT 10.49 [LETTERHEAD OF PETRIUS APPEARS HERE] April 9, 1999 John Giordano 5 Queene Ann Rd. Hopkinton, MA Dear John: In consideration for your acceptance of the position as president of Peritus Software Services, Inc. ("the Company"), the Company...Peritus Software Services Inc • April 15th, 1999 • Services-computer programming services
This bonus will vest and become non-recoverable on the earlier of: (i) September 30, 1999, (ii) the date of termination of your employment by the Company without cause, or (iii) the merger, liquidation, consolidation, sale of substantially all of the assets, bankruptcy, reorganization or receivership of the Company (a "Vesting Event"). Cause shall mean the failure to perform your duties, conviction of a felony or conduct that materially injures the Company.
EXHIBIT 10.48 PERSONAL & CONFIDENTIAL TO: John Giordano FROM: Dominic Chan SUBJECT: Addendum to your Employment Agreement Because you are so vital to the company during the next phases facing Peritus, Peritus agrees to pay you the following retention...Peritus Software Services Inc • April 15th, 1999 • Services-computer programming services
This change of control payment would be in lieu of your normal minimum 52-week notice of termination without cause provision and related salary continuation in your employment agreement and will apply only in the event of a change of control in Peritus.
LOGO APPEARS HERE] December 1, 1998 Mr. Donald Beck 2376 Glenhaven Drive Highlands Ranch, CO 80126 Dear Don, This letter documents the agreement reached with you today on the telephone. Peritus will forgive the promissory note of $130,000.00 together...Peritus Software Services Inc • April 15th, 1999 • Services-computer programming services
LOGO] December 10, 1998 PERSONAL & CONFIDENTIAL Mr. Peter Espinosa 2 Federal Street Billerica, MA 01821 Dear Pete, This letter documents the agreement reached with you in a meeting with Roland Pampel and me on December 3, 1998. In addition, this...Peritus Software Services Inc • April 15th, 1999 • Services-computer programming services
