0000947549-99-000003 Sample Contracts

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EXHIBIT 10.15 EXHIBIT 10.15 RESIGNATION AGREEMENT AND GENERAL RELEASE OF CLAIMS John Luongo ("Employee") has decided to resign from his employment with The Vantive Corporation (the "Company"). It is the Company's desire to provide Employee with...
Resignation Agreement • August 12th, 1999 • Vantive Corp • Services-prepackaged software

John Luongo ("Employee") has decided to resign from his employment with The Vantive Corporation (the "Company"). It is the Company's desire to provide Employee with certain severance benefits that he would not otherwise be entitled to receive upon his resignation and to resolve any claims that Employee has or may have against the Company. Accordingly, Employee and the Company agree as set forth below. This Agreement will become effective on the eighth day after it is signed by Employee (the "Effective Date"), provided that Employee has not revoked this Agreement (by written notice to David Schellhase at the Company) prior to that date. Employee hereby resigns voluntarily from any positions that he holds as an officer of the Company (including his position as Chief Executive Officer) effective as of April 15, 1999, and Employee hereby resigns voluntarily from his employment with the Company effective as of December 31, 1999 (the "Resignation Date"). Employee also hereby confirms his res

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