Re: Separation Agreement and ReleaseSalary. Com, Inc. • June 29th, 2009 • Services-prepackaged software • Massachusetts
As you have been notified, your last date of employment with Salary.com, Inc. (“Salary.com”) will be on Tuesday, May 26, 2009 (the “Separation Date”). While we regret the need to take this action, we are pleased to be able to offer you the severance pay and benefits described in this letter (the “Letter Agreement”). As of the Separation Date, your salary, wages, commissions or bonuses (if any), vacation accrual and all other benefits and compensation of every kind or nature from Salary.com will cease except as required by federal or state law, or otherwise set forth below. You acknowledge that from and after the Separation Date, you shall have no authority to represent yourself as an employee or agent of Salary.com, and you agree not to represent yourself in the future as an employee or agent of Salary.com.
Re: Separation Agreement and ReleaseSalary. Com, Inc. • June 29th, 2009 • Services-prepackaged software • Massachusetts
This letter (the “Letter Agreement”) summarizes our understanding regarding your separation from employment with Salary.com, Inc. (“Salary.com”). Your separation from employment will be effective as of the close of business on May 14, 2008 (the “Separation Date”). As of the Separation Date, your salary, wages, commissions or bonuses (if any), vacation accrual and all other benefits and compensation of every kind or nature from Salary.com will cease except as required by federal or state law, or otherwise set forth below. You acknowledge that from and after the Separation Date, you shall have no authority to represent yourself as an employee or agent of Salary.com, and you agree not to represent yourself in the future as an employee or agent of Salary.com.
FOURTH LOAN MODIFICATION AGREEMENTFourth Loan Modification Agreement • June 29th, 2009 • Salary. Com, Inc. • Services-prepackaged software
This Fourth Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of March 16, 2009, by and between SILICON VALLEY BANK, a California corporation, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (FAX 617-969-5965) (“Bank”) and SALARY.COM, INC. a Delaware corporation with offices at 195 West Street, Waltham, Massachusetts 02451 (“Borrower”).
FIFTH LOAN MODIFICATION AGREEMENTFifth Loan Modification Agreement • June 29th, 2009 • Salary. Com, Inc. • Services-prepackaged software
This Fifth Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of June 29, 2009, by and between SILICON VALLEY BANK, a California corporation, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (FAX 617-969-5965) (“Bank”) and SALARY.COM, INC. a Delaware corporation with offices at 195 West Street, Waltham, Massachusetts 02451 (“Borrower”).
