Exhibit 10.3

 

August 22, 2011

 

Chris A. Raanes

 

Re: AMENDMENT TO EMPLOYMENT TERMS

 

Dear Chris,

 

Accuray Incorporated (the “Company”) is pleased to offer you the title of
Executive Vice President, Chief Operating Officer. Your new title shall be
effective as of July 25, 2011. This document memorializes the Amendment to the
employment agreement entered into between you and the Company dated January 1,
2011 (“Employment Agreement”).  All other terms of your employment shall remain
unchanged, and no other modifications to the terms of your employment as set
forth in the Employment Agreement may be made unless in a written amendment
signed by both you and the CEO or General Counsel of the Company.

 

 

 

Sincerely,

 

 

 

ACCURAY INCORPORATED,

 

a Delaware Corporation

 

 

 

 

 

By:

/s/ Euan Thomson, Ph.D.

 

Name:

Euan Thomson, Ph.D.

 

Title:

President & Chief Executive Officer

 

 

 

 

 

 

 

By:

/s/ Darren J. Milliken

 

Name:

Darren J. Milliken

 

Title:

Senior Vice President, General Counsel

 

 

 

 

 

 

Accepted and Agreed,

 

 

 

 

 

 

 

 

By:

/s/ Chris Raanes

 

 

 

Chris Raanes

 

 

 

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