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. 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.
September 26, 2016 Kirk R. Brannock 1642 Hamilton Dr Bloomfield, MI 48302-0220 Dear Kirk, (September 28th, 2016)
On behalf of the Board of Directors, I am very pleased to offer you 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"). Your position will primarily be located at the Company's headquarters in Aurora, Illinois and we understand you will retain your current residence but will rent an apartment nearby the Company headquarters during your term with the Company. We agree that the position will last less than one year. You will report to the Board of Directors for the Company and the Operating Subsidiary. Subject to your meeting the below requirements, your expected start date is October 17, 2016.