0001193125-11-210399 Sample Contracts

EMPLOYMENT AND SEVERANCE AGREEMENT
Employment and Severance Agreement • August 4th, 2011 • Overland Storage Inc • Computer storage devices • California

THIS EMPLOYMENT AND SEVERANCE AGREEMENT (this “Agreement”) is entered into between Overland Storage, Inc., a California corporation (“Employer” or the “Company”), and Kurt L. Kalbfleisch (“Executive”) as of August 3, 2011 (the “Effective Date”). This Agreement amends and restates in its entirety the Employment and Severance Agreement between the Company and Executive dated as of September 29, 2009 and is effective on the Effective Date.

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EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2011 • Overland Storage Inc • Computer storage devices • California

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into between Overland Storage, Inc., a California corporation (“Employer” or the “Company”), and Eric Kelly (“Executive”) as of August 3, 2011 (the “Effective Date”). This Agreement amends and restates in its entirety the Employment between the Company and Executive dated as of June 24, 2009 and is effective on the Effective Date.

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