Exhibit 10.1

AMENDED AND RESTATED

EMPLOYMENT AGREEMENT

This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and
entered into as of this 17th day of March 2015, by and between MedAssets, Inc.,
a Delaware corporation (the “Company”), and Charles Garner (“Executive”).

W I T N E S S E T H :

WHEREAS, Executive is currently serving as the Chief Financial Officer of the
Company;

WHEREAS, the Company and Executive are party to an Employment Agreement entered
into as of January 7, 2011 and as amended as of May 2, 2011 (the “Prior
Agreement”) providing for Executive’s employment by the Company, and setting
forth the terms and conditions for such employment;

WHEREAS, the Company desires to continue to employ Executive, to appoint
Executive as Executive Vice President and Chief Strategy and Transformation
Officer and to enter into this Agreement embodying the terms of such continued
employment, and Executive desires to continue to be employed by the Company on
the terms and conditions specified herein, to enter into this Agreement and to
accept such continued employment, subject to the terms and provisions of this
Agreement; and

WHEREAS, the Company and Executive desire to amend and restate the Prior
Agreement in order to set forth the terms and conditions of Executive’s
continued employment with the Company and have determined that it is in their
respective best interests to enter into this Agreement on the terms and
conditions as set forth herein.

NOW, THEREFORE, in consideration of the promises and mutual covenants contained
herein and for other good and valuable consideration, the receipt and
sufficiency of which are mutually acknowledged, the Company and Executive hereby
agree as follows:

 

  Section 1. Definitions.

(a) “AAA” shall have the meaning set forth in Section 19(b) hereof.

(b) “Accounting Firm” shall have the meaning set forth in Section 14 hereof.

(c) “Accrued Obligations” shall mean (i) all accrued but unpaid Base Salary
through the date of termination of Executive’s employment, (ii) any unpaid or
unreimbursed expenses incurred in accordance with Section 7 hereof, and
(iii) any benefits provided under the Company’s employee benefit plans upon a
termination of employment, in accordance with the terms contained therein.

(d) “Agreement” shall have the meaning set forth in the preamble hereto.

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(e) “Annual Bonus” shall have the meaning set forth in Section 4(b) hereof.

(f) “Base Salary” shall mean the salary provided for in Section 4(a) hereof or
any increased salary granted to Executive pursuant to Section 4(a) hereof.

(g) “Board” shall mean the Board of Directors of the Company.

(h) “Cause” shall mean (i) Executive’s act(s) of willful misconduct in the
course of Executive’s employment hereunder, (ii) Executive’s act(s) of gross
negligence in the course of Executive’s employment hereunder, that result in, or
could be reasonably expected to result in, material injury to the reputation or
business of the Company or any other member of the Company Group,
(iii) embezzlement or fraud committed (or attempted) by Executive, at
Executive’s direction, or with Executive’s prior actual knowledge,
(iv) Executive’s conviction of or pleading “guilty” or “ no contest” to a
felony, (v) any material violation by Executive of the written material policies
of the Company Group, or (vi) Executive’s material breach of this Agreement or
breach of the Non-Interference Agreement. For purposes of this definition of
Cause, no act or failure to act on the part of Executive shall be considered
“willful” if it is done, or omitted to be done, by Executive in good faith and
with a good faith belief that Executive’s act or omission was in the best
interests of the Company. If, within ninety (90) days subsequent to Executive’s
termination for any reason other than by the Company for Cause, the Company
determines that Executive’s employment could have been terminated for Cause,
Executive’s employment will be deemed to have been terminated for Cause for all
purposes, and Executive will be required to disgorge to the Company all amounts
received pursuant to this Agreement or otherwise on account of such termination
that would not have been payable to Executive had such termination been by the
Company for Cause.

(i) “Change in Control” shall have the meaning set forth in the Plan, as in
effect on the date hereof, and without regard to any amendments thereto that are
not consented to by Executive.

(j) “COBRA” shall mean Part 6 of Title I of the Employee Retirement Income
Security Act of 1974, as amended, and Section 4980B of the Code, and the rules
and regulations promulgated under any of them.

(k) “Code” shall mean the Internal Revenue Code of 1986, as amended, and the
rules and regulations promulgated thereunder.

(l) “Commencement Date” shall mean March 17, 2015.

(m) “Company” shall have the meaning set forth in the preamble hereto.

(n) “Company Group” shall mean the Company together with any direct or indirect
subsidiaries of the Company.

(o) “Compensation Committee” shall mean the Compensation Committee of the Board.

 

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(p) “Continuation Period” shall mean the twelve (12) month period following
Executive’s termination by the Company without Cause (other than by reason of
death or Disability) or by Executive for Good Reason; provided, however, that in
the event such termination occurs during the Protected Period, the Continuation
Period shall instead be eighteen (18) months.

(q) “Delay Period” shall have the meaning set forth in Section 13 hereof.

(r) “Disability” shall mean any physical or mental disability or infirmity of
Executive that prevents the performance of Executive’s duties for a period of
(i) one hundred twenty (120) consecutive days or (ii) one hundred eighty
(180) non-consecutive days during any twelve (12) month period. Any question as
to the existence, extent, or potentiality of Executive’s Disability upon which
Executive and the Company cannot agree shall be determined by a qualified,
independent physician selected by the Company and approved by Executive (which
approval shall not be unreasonably withheld). The determination of any such
physician shall be final and conclusive for all purposes of this Agreement.

(s) “Executive” shall have the meaning set forth in the preamble hereto.

(t) “Excise Tax” shall have the meaning set forth in Section 14 hereof.

(u) “Extension Term” shall mean the period specified in Section 2 hereof.

(v) “Good Reason” shall mean, without Executive’s consent, (i) a material
diminution in Executive’s title, duties, reporting relationships or
responsibilities as set forth in Section 3 hereof; provided, however, that any
alteration by the Company of Executive’s title, duties or responsibilities shall
not constitute Good Reason pursuant to this clause (i) if Executive continues to
report directly to the Chief Executive Officer, have executive-level management
responsibility and is considered part of the management executive committee,
(ii) a reduction in Base Salary set forth in Section 4(a) hereof, Annual Bonus
opportunity set forth in Section 4(b) hereof, or long-term incentive grant
opportunity set forth in Section 4(c) hereof, in each case, other than pursuant
to an across-the-board reduction applicable on a proportional basis to all
similarly situated executives that does not exceed 10% of the applicable
compensation element, (iii) the relocation of Executive’s principal place of
employment (as provided in Section 3(c) hereof), (iv) the failure of the
Company’s successor to assume this Agreement (whether explicitly or by operation
of law), or (v) any other material breach of a provision of this Agreement by
the Company (other than a provision that is covered by clause (i) – (iv) above).
Executive acknowledges and agrees that Executive’s exclusive remedy in the event
of any breach of this Agreement shall be to assert Good Reason pursuant to the
terms and conditions of Section 8(e) hereof. Notwithstanding the foregoing,
during the Term, in the event that the Board reasonably believes that Executive
may have engaged in conduct that could constitute Cause hereunder, the Board
may, in its sole and absolute discretion, suspend Executive from performing
Executive’s duties hereunder, and in no event shall any such suspension
constitute an event pursuant to which Executive may terminate employment with
Good Reason or otherwise constitute a breach hereunder; provided, that no such
suspension shall alter the Company’s obligations under this Agreement during
such period of suspension.

 

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(w) “Initial Term” shall mean the period specified in Section 2 hereof.

(x) “Non-Interference Agreement” shall mean the Confidentiality,
Non-Interference, and Invention Assignment Agreement attached hereto as Exhibit
A.

(y) “Payment” shall have the meaning set forth in Section 14 hereof.

(z) “Person” shall mean any individual, corporation, partnership, limited
liability company, joint venture, association, joint-stock company, trust
(charitable or non-charitable), unincorporated organization, or other form of
business entity.

(aa) “Plan” shall mean Company’s Long Term Performance Incentive Plan, as may be
amended or amended and restated from time to time.

(bb) “Protected Period” shall mean the twenty-four (24) month period following
the consummation of a Change in Control.

(cc) “Release of Claims” shall mean the Release of Claims in substantially the
same form attached hereto as Exhibit B.

(dd) “Rules” shall have the meaning set forth in Section 19(b) hereof.

(ee) “Safe Harbor Amount” shall have the meaning set forth in Section 14 hereof.

(ff) “Severance Benefits” shall have the meaning set forth in Section 8(h)
hereof.

(gg) “Temporary Injunctive Relief” shall have the meaning set forth in
Section 19(b) hereof.

(hh) “Term” shall mean the period specified in Section 2 hereof.

 

  Section 2. Acceptance and Term.

The Company agrees to continue to employ Executive, and Executive agrees to
continue to serve the Company, on the terms and conditions set forth herein;
provided that Executive understands and agrees that the Company has a subsidiary
payroll entity, MedAssets Services, LLC, a Delaware limited liability company,
that may be the actual employer of record with all governmental agencies and may
be responsible for fulfilling all of the Company’s payroll and benefits
obligations (other than equity-based compensation) under this Agreement. The
Term shall commence on the Commencement Date and, unless terminated sooner as
provided in Section 8 hereof, shall continue during the period ending on the
close of business of the two (2) year anniversary of the Commencement Date (the
“Initial Term”). The term of this Agreement shall automatically be extended for
successive one-year periods (“Extension Terms” and, collectively with the
Initial Term, the “Term”) unless either party gives written notice of
non-extension to the other no later than one hundred eighty (180) days prior to
the expiration of the then-applicable Term.

 

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  Section 3. Position, Duties, and Responsibilities; Place of Performance.

(a) Position, Duties, and Responsibilities. During the Term, Executive shall be
employed and serve as the Executive Vice President and Chief Strategy and
Transformation Officer of the Company (together with such other position or
positions consistent with Executive’s title as the Chief Executive Officer shall
specify from time to time), reporting directly to the Chief Executive Officer,
and shall have such duties and responsibilities commensurate with such title.
Executive also agrees to serve as an officer and/or director of any other member
of the Company Group, in each case without additional compensation.

(b) Performance. Executive shall devote Executive’s full business time,
attention, skill, and best efforts to the performance of Executive’s duties
under this Agreement and shall not engage in any other business or occupation
during the Term, including, without limitation, any activity that (x) conflicts
with the interests of the Company or any other member of the Company Group,
(y) interferes with the proper and efficient performance of Executive’s duties
for the Company, or (z) interferes with Executive’s exercise of judgment in the
Company’s best interests. Notwithstanding the foregoing, nothing herein shall
preclude Executive from (i) serving, with the prior written consent of the
Board, as a member of the boards of directors or advisory boards (or their
equivalents in the case of a non-corporate entity) of non-competing businesses
and charitable organizations, (ii) engaging in charitable activities and
community affairs, and (iii) managing Executive’s personal investments and
affairs; provided, however, that the activities set out in clauses (i), (ii),
and (iii) shall be limited by Executive so as not to materially interfere,
individually or in the aggregate, with the performance of Executive’s duties and
responsibilities hereunder or create a potential business or fiduciary conflict.

(c) Principal Place of Employment. Executive’s principal place of employment
shall be at the Company’s corporate headquarters in Alpharetta, Georgia, ,
although Executive understands and agrees that Executive may be required to
travel from time to time for business reasons.

 

  Section 4. Compensation.

During the Term, Executive shall be entitled to the following compensation:

(a) Base Salary. Executive shall be paid an annualized Base Salary, payable in
accordance with the regular payroll practices of the Company, of not less than
$435,000, with increases, if any, as may be approved in writing by the
Compensation Committee; provided, however, that the foregoing shall not preclude
the Compensation Committee from reducing Executive’s Base Salary as part of an
across-the-board reduction applicable on a proportional basis to all similarly
situated executives of the Company that does not exceed 10% of Base Salary. The
Compensation Committee shall review Executive’s Base Salary from time to time,
but no less than annually, during the Term.

(b) Annual Bonus. Executive shall be eligible for an annual incentive bonus
award determined by the Compensation Committee in respect of each fiscal year
during the Term, commencing with the 2015 fiscal year (the “Annual Bonus”). The
Annual Bonus for each fiscal year shall be 75% of Base Salary for target
performance, with the actual Annual Bonus payable being based upon the level of
achievement of annual Company and individual performance objectives for such
fiscal year, as determined by the Compensation Committee in consultation

 

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with Executive and communicated to Executive. The Annual Bonus shall be paid to
Executive at the same time as annual bonuses are generally payable to other
senior executives of the Company subject to Executive’s continuous employment
through the payment date except as otherwise provided for in this Agreement.

(c) Annual Long-Term Incentive Grants. Executive shall be eligible for annual
equity incentive grants or other long-term incentive awards under the Plan or
any successor equity-based plans on the same basis as similarly situated
executives of the Company, as determined by the Compensation Committee in
respect of each fiscal year during the Term. For the 2015 fiscal year, Executive
shall be granted an equity award in connection with the Company’s regular grant
cycle having an aggregate value of $850,000. Awards granted pursuant to this
Section 4(c) shall be granted on such terms and conditions as may be determined
by the Compensation Committee, and the terms of such grants shall be governed by
the terms of the Plan or any successor equity-based plans, as well as separate
award agreements in the standard forms utilized by the Company for similarly
situated executives.

 

  Section 5. Employee Benefits.

During the Term, Executive shall be entitled to participate in health,
insurance, retirement, perquisites and other benefits provided generally to
similarly situated executives of the Company. Executive shall also be entitled
to the same number of holidays, vacation days, and sick days, as well as any
other benefits, in each case as are generally allowed to similarly situated
executives of the Company in accordance with the Company policy as in effect
from time to time. Nothing contained herein shall be construed to limit the
Company’s ability to amend, suspend, or terminate any employee benefit plan or
policy at any time without providing Executive notice, and the right to do so is
expressly reserved.

 

  Section 6. Key-Man Insurance.

At any time during the Term, the Company shall have the right to insure the life
of Executive for the sole benefit of the Company, in such amounts, and with such
terms, as it may determine. All premiums payable thereon shall be the obligation
of the Company. Executive shall have no interest in any such policy, but agrees
to cooperate with the Company in procuring such insurance by submitting to
physical examinations, supplying all information required by the insurance
company, and executing all necessary documents, provided that no financial
obligation is imposed on Executive by any such documents.

 

  Section 7. Reimbursement of Business Expenses.

During the Term, the Company shall pay (or promptly reimburse Executive) for
documented, out-of-pocket expenses reasonably incurred by Executive in the
course of performing Executive’s duties and responsibilities hereunder, which
are consistent with the Company’s policies in effect from time to time with
respect to business expenses, including travel expenses, entertainment expenses,
and professional membership fees, subject to the Company’s requirements with
respect to reporting of such expenses.

 

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  Section 8. Termination of Employment.

(a) General. The Term shall terminate earlier than as provided in Section 2
hereof upon the earliest to occur of (i) Executive’s death, (ii) a termination
by reason of a Disability, (iii) a termination by the Company with or without
Cause, and (iv) a termination by Executive with or without Good Reason. Upon any
termination of Executive’s employment for any reason, except as may otherwise be
requested by the Company in writing and agreed upon in writing by Executive,
Executive shall be deemed to have resigned from any and all directorships,
committee memberships, and any other positions Executive holds with the Company
or any other member of the Company Group and will execute all documents
reasonably requested for Executive to confirm such resignations. Executive’s
execution of this Agreement shall be deemed the grant by Executive to the
officers of the Company of a limited power of attorney to sign in Executive’s
name and on Executive’s behalf any such documentation as may be required to be
executed solely for the limited purposes of effectuating such resignations.
Notwithstanding anything herein to the contrary, the payment (or commencement of
a series of payments) hereunder of any “nonqualified deferred compensation”
(within the meaning of Section 409A of the Code) upon a termination of
employment shall be delayed until such time as Executive has also undergone a
“separation from service” as defined in Treas. Reg. 1.409A-1(h), at which time
such nonqualified deferred compensation (calculated as of the date of
Executive’s termination of employment hereunder) shall be paid (or commence to
be paid) to Executive on the schedule set forth in this Section 8 as if
Executive had undergone such termination of employment (under the same
circumstances) on the date of Executive’s ultimate “separation from service.”

(b) Termination Due to Death or Disability. Executive’s employment shall
terminate automatically upon Executive’s death. The Company may terminate
Executive’s employment immediately upon the occurrence of a Disability, such
termination to be effective upon Executive’s receipt of written notice of such
termination. Upon Executive’s death or in the event that Executive’s employment
is terminated due to Executive’s Disability, Executive or Executive’s estate or
Executive’s beneficiaries, as the case may be, shall be entitled to:

(i) The Accrued Obligations;

(ii) Any unpaid Annual Bonus in respect of any completed fiscal year that has
ended prior to the date of such termination, which amount shall be paid at such
time annual bonuses are paid to other senior executives of the Company, but in
no event later than the date that is 2 1⁄2 months following the last day of the
fiscal year in which such termination occurred; and

(iii) Subject to achievement of the applicable performance objectives for the
fiscal year of the Company in which Executive’s termination occurs, as
determined by the Compensation Committee, payment of the Annual Bonus that would
otherwise have been earned in respect of the fiscal year in which such
termination occurred, pro-rated to reflect the number of days Executive was
employed during such fiscal year, such amount to be paid at the same time it
would otherwise be paid to Executive had no termination occurred, but in no
event later than the date that is 2 1⁄2 months following the last day of the
fiscal year of the Company in which such termination occurred; provided, that in
the event the termination of Executive’s employment occurs during the Protected
Period, Executive shall be entitled to receive payment of the target Annual
Bonus that would otherwise have been earned in respect of the fiscal year in

 

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which such termination occurred, pro-rated to reflect the number of days
Executive was employed during such fiscal year, assuming target level of
performance was achieved, such amount to be paid in a lump sum on the first
regularly scheduled payroll date following the sixtieth (60th) day following the
date of Executive’s termination of employment hereunder.

Following Executive’s death or a termination of Executive’s employment by reason
of a Disability, except as set forth in this Section 8(b), Executive shall have
no further rights to any compensation or any other benefits under this
Agreement.

(c) Termination by the Company with Cause.

(i) The Company may terminate Executive’s employment at any time with Cause,
effective upon Executive’s receipt of written notice of such termination
provided, however, that with respect to any Cause termination relying on
clause (v) of the definition of Cause set forth in Section 1(h) hereof, to the
extent that such act or acts or failure or failures to act are curable,
Executive shall be given not less than thirty (30) days’ written notice by the
Board of the Company’s intention to terminate him with Cause, such notice to
state in detail the particular act or acts or failure or failures to act that
constitute the grounds on which the proposed termination with Cause is based,
and such termination shall be effective at the expiration of such thirty
(30) day notice period unless Executive has fully cured such act or acts or
failure or failures to act that give rise to Cause during such period.

(ii) In the event that the Company terminates Executive’s employment with Cause,
Executive shall be entitled only to the Accrued Obligations. Following such
termination of Executive’s employment with Cause, except as set forth in this
Section 8(c)(ii), Executive shall have no further rights to any compensation or
any other benefits under this Agreement.

(d) Termination by the Company without Cause. The Company may terminate
Executive’s employment at any time without Cause, effective upon Executive’s
receipt of thirty (30) days written notice of such termination. In the event
that Executive’s employment is terminated by the Company without Cause (other
than due to death or Disability), Executive shall be entitled to:

(i) The Accrued Obligations;

(ii) Any unpaid Annual Bonus in respect of any completed fiscal year that has
ended prior to the date of such termination, which amount shall be paid at such
time annual bonuses are paid to other senior executives of the Company, but in
no event later than the date that is 2 1⁄2 months following the last day of the
fiscal year in which such termination occurred;

(iii) Subject to achievement of the applicable performance objectives for the
fiscal year of the Company in which Executive’s termination occurs, as
determined by the Compensation Committee, payment of the Annual Bonus that would
otherwise have been earned in respect of the fiscal year in which such
termination occurred, pro-rated to reflect the number of days Executive was
employed during such fiscal year, such amount to be paid at the same time it
would otherwise be paid to Executive had no termination occurred, but in no
event later than the date that is 2 1⁄2 months following the last day of the
fiscal year of the Company in which such termination occurred; provided, that in
the event the termination of Executive’s

 

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employment occurs during the Protected Period, Executive shall be entitled to
receive payment of the target Annual Bonus that would otherwise have been earned
in respect of the fiscal year in which such termination occurred, pro-rated to
reflect the number of days Executive was employed during such fiscal year,
assuming target level of performance was achieved, such amount to be paid in a
lump sum on the first regularly scheduled payroll date following the sixtieth
(60th) day following the date of Executive’s termination of employment
hereunder;

(iv) An amount equal to one (1) times the sum of Executive’s Base Salary plus
target Annual Bonus for the fiscal year during which such termination occurs,
such amount to be payable in substantially equal installments during the twelve
(12) month period following the date of Executive’s termination of employment
hereunder, in accordance with the Company’s regular payroll practices;

(v) In the event the termination of Executive’s employment occurs during the
Protected Period, an additional amount equal to one (1) times the sum of
Executive’s Base Salary plus target Annual Bonus for the fiscal year during
which such termination occurs, in consideration for Executive’s undertakings set
forth in the Non-Interference Agreement, and subject to compliance therewith,
such amount to be payable in substantially equal installments during the twelve
(12) month period commencing on the first anniversary of the date of Executive’s
termination of employment hereunder, in accordance with the Company’s regular
payroll practices;

(vi) To the extent permitted by applicable law without any penalty to Executive
or any member of the Company Group and subject to Executive’s election of COBRA
continuation coverage under the Company’s group health plan, on the first
regularly scheduled payroll date of each month of the Continuation Period, the
Company will pay Executive an amount equal to the “applicable percentage” of the
monthly COBRA premium cost; provided, that the payments pursuant to this clause
(vi) shall cease earlier than the expiration of the Continuation Period in the
event that Executive becomes eligible to receive health benefits, including
through a spouse’s employer; provided, however, that in the event the
termination of Executive’s employment occurs during the Protected Period and
such other health plan excludes any pre-existing condition that Executive or
Executive’s dependents may have when coverage under such health plan would
otherwise begin, the Company’s obligations under this clause (vi) shall continue
with respect to such pre-existing condition until the earlier of (A) the date
that such exclusion under such other health plan lapses or expires or (B) the
Continuation Period. For purposes hereof, the “applicable percentage” shall be
the percentage of Executive’s health care premium costs covered by the Company
as of the date of termination. Amounts paid by the Company on behalf of
Executive pursuant to this clause (vi) shall be imputed to Executive as
additional taxable income to the extent required to avoid adverse consequences
to Executive or the Company under either Section 105(h) of the Code or the
Patient Protection and Affordable Care Act of 2010; provided that, if such
imputation does not prevent the imposition of an excise tax under, or the
violation of, the Patient Protection and Affordable Care Act (as amended by the
Health Care and Education Reconciliation Act of 2010 and as amended from time to
time), including, without limitation, Section 4980D of the Code, the Company
shall no longer provide such medical and dental benefits to Executive, but shall
provide Executive with cash payments of equivalent value;

 

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(vii) Notwithstanding any provision of any equity plan of the Company or
applicable equity grant agreement to the contrary, all equity awards granted
prior to 2015 that have not otherwise vested shall vest, and the applicable
restrictions shall lapse, immediately upon such termination (with any awards
subject to performance-based vesting being earned and vested at the target level
of performance); and

(viii) Outplacement services for a period of twelve (12) months following the
date of Executive’s termination of employment hereunder, at a level commensurate
with Executive’s position in accordance with the Company’s practices as in
effect from time to time, in an amount not to exceed $25,000. These services
will be provided by a national firm whose primary business is outplacement
assistance, selected by the Company. Notwithstanding the above, if Executive
accepts employment with another employer, these outplacement benefits shall
cease.

The payments and benefits described in clauses (ii)-(viii) above shall
immediately terminate, and the Company shall have no further obligations to
Executive with respect thereto, and Executive shall promptly repay to the
Company any payments or benefits paid or provided to Executive pursuant to
clauses (ii)-(viii) above, in the event that Executive breaches any provision of
the Non-Interference Agreement.

Following termination of Executive’s employment by the Company without Cause,
except as set forth in this Section 8(d), Executive shall have no further rights
to any compensation or any other benefits under this Agreement. For the
avoidance of doubt, Executive’s sole and exclusive remedy upon a termination of
employment by the Company without Cause shall be receipt of the Severance
Benefits.

(e) Termination by Executive with Good Reason. Executive may terminate
Executive’s employment with Good Reason by providing the Company thirty
(30) days’ written notice setting forth in reasonable specificity the event that
constitutes Good Reason, which written notice, to be effective, must be provided
to the Company within sixty (60) days of the occurrence of such event. During
such thirty (30) day notice period, the Company shall have a cure right (if
curable), and if not cured within such period, Executive’s termination will be
effective upon the expiration of such cure period, and Executive shall be
entitled to the same payments and benefits as provided in Section 8(d) hereof
for a termination by the Company without Cause, subject to the same conditions
on payment and benefits as described in Section 8(d) hereof. Following such
termination of Executive’s employment by Executive with Good Reason, except as
set forth in this Section 8(e), Executive shall have no further rights to any
compensation or any other benefits under this Agreement. For the avoidance of
doubt, Executive’s sole and exclusive remedy upon a termination of employment
with Good Reason shall be receipt of the Severance Benefits. Executive hereby
acknowledges and agrees to waive Executive’s right to claim that any facts
existing as of the Commencement Date constitute grounds for a termination for
“Good Reason” for purposes of this Agreement, the Prior Agreement or any other
purpose, including, without limitation, the termination of Executive’s role as
Chief Financial Officer, the appointment of Executive as Executive Vice
President and Chief Strategy and Transformation Officer, the appointment of a
successor Chief Financial Officer and the assumption by Executive of the duties,
reporting relationships and responsibilities commensurate with this new
position, each effective as of the Commencement Date. From and after the
Commencement Date, Good Reason shall exist only if Executive is deemed to have
Good Reason under this Agreement as so construed.

 

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(f) Termination by Executive without Good Reason. Executive may terminate
Executive’s employment without Good Reason by providing the Company thirty
(30) days’ written notice of such termination. In the event of a termination of
employment by Executive under this Section 8(f), Executive shall be entitled
only to the Accrued Obligations. In the event of termination of Executive’s
employment under this Section 8(f), the Company may, in its sole and absolute
discretion, by written notice accelerate such date of termination without
changing the characterization of such termination as a termination by Executive
without Good Reason. Following such termination of Executive’s employment by
Executive without Good Reason, except as set forth in this Section 8(f),
Executive shall have no further rights to any compensation or any other benefits
under this Agreement.

(g) Expiration of Term. In the event that the Term expires following delivery by
the Company to Executive of a notice of non-extension, then Executive shall be
entitled, upon a termination of employment, to the same payments and benefits as
provided in Section 8(d) hereof for a termination by the Company without Cause,
subject to the same conditions on payment and benefits as described in
Section 8(d) hereof. These payments and benefits become due and payable if and
only if Executive’s employment is actually terminated pursuant to a notice of
non-extension. If Executive’s employment with the Company continues beyond the
expiration of the Term, Executive shall be considered an “at-will” employee and
shall not be entitled to any payments or benefits under this Agreement upon any
subsequent termination of employment for any reason whatsoever.

(h) Release. Notwithstanding any provision herein to the contrary, the payment
of any amount or provision of any benefit upon termination of employment
pursuant to subsection (b), (d), or (e) of this Section 8 (other than the
Accrued Obligations) (collectively, the “Severance Benefits”) shall be
conditioned upon Executive’s execution, delivery to the Company, and
non-revocation of the Release of Claims (and the expiration of any revocation
period contained in such Release of Claims) within sixty (60) days following the
date of Executive’s termination of employment hereunder. If Executive fails to
execute the Release of Claims in such a timely manner so as to permit any
revocation period to expire prior to the end of such sixty (60) day period, or
timely revokes Executive’s acceptance of such release following its execution,
Executive shall not be entitled to any of the Severance Benefits. Further,
(i) to the extent that any of the Severance Benefits constitutes “nonqualified
deferred compensation” for purposes of Section 409A of the Code, any payment of
any amount or provision of any benefit otherwise scheduled to occur prior to the
sixtieth (60th) day following the date of Executive’s termination of employment
hereunder, but for the condition on executing the Release of Claims as set forth
herein, shall not be made until the first regularly scheduled payroll date
following such sixtieth (60th) day and (ii) to the extent that any of the
Severance Benefits do not constitute “nonqualified deferred compensation” for
purposes of Section 409A of the Code, any payment of any amount or provision of
any benefit otherwise scheduled to occur following the date of Executive’s
termination of employment hereunder, but for the condition on executing the
Release of Claims as set forth herein, shall not be made until the first
regularly scheduled payroll date following the date the Release of Claims is
timely executed and the applicable revocation period has ended, after which, in
each case, any

 

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remaining Severance Benefits shall thereafter be provided to Executive according
to the applicable schedule set forth herein. For the avoidance of doubt, in the
event of a termination due to Executive’s death or Disability, Executive’s
obligations herein to execute and not revoke the Release of Claims may be
satisfied on Executive’s behalf by Executive’s estate or a person having legal
power of attorney over Executive’s affairs.

 

  Section 9. Non-Interference Agreement.

As a condition of Executive’s continued employment with the Company, Executive
shall have executed and delivered to the Company the Non-Interference Agreement.
The parties hereto acknowledge and agree that this Agreement and the
Non-Interference Agreement shall be considered separate contracts, and the
Non-Interference Agreement will survive the termination of this Agreement for
any reason.

 

  Section 10. Representations and Warranties of Executive.

Executive represents and warrants to the Company that—

(a) Executive is entering into this Agreement voluntarily and that Executive’s
employment hereunder and compliance with the terms and conditions hereof will
not conflict with or result in the breach by Executive of any agreement to which
Executive is a party or by which Executive may be bound;

(b) Executive has not violated, and in connection with Executive’s employment
with the Company will not violate, any non-solicitation, non-competition, or
other similar covenant or agreement of a prior employer by which Executive is or
may be bound; and

(c) in connection with Executive’s employment with the Company, Executive will
not use any confidential or proprietary information Executive may have obtained
in connection with employment with any prior employer.

 

  Section 11. Taxes.

The Company may withhold from any payments made under this Agreement all
applicable taxes, including but not limited to income, employment, and social
insurance taxes, as shall be required by law. Executive acknowledges and
represents that the Company has not provided any tax advice to Executive in
connection with this Agreement and that Executive has been advised by the
Company to seek tax advice from Executive’s own tax advisors regarding this
Agreement and payments that may be made to Executive pursuant to this Agreement,
including specifically, the application of the provisions of Section 409A of the
Code to such payments.

 

  Section 12. Set Off; Mitigation.

The Company’s obligation to pay Executive the amounts provided and to make the
arrangements provided hereunder shall be subject to set-off, counterclaim, or
recoupment of undisputed amounts owed by Executive to the Company or its
affiliates; provided, however, that to the extent any amount so subject to
set-off, counterclaim, or recoupment is payable in

 

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installments hereunder, such set-off, counterclaim, or recoupment shall not
modify the applicable payment date of any installment, and to the extent an
obligation cannot be satisfied by reduction of a single installment payment, any
portion not satisfied shall remain an outstanding obligation of Executive and
shall be applied to the next installment only at such time the installment is
otherwise payable pursuant to the specified payment schedule. Executive shall
not be required to mitigate the amount of any payment or benefit provided
pursuant to this Agreement by seeking other employment or otherwise, and except
as provided in Section 8(d)(vi) hereof, the amount of any payment or benefit
provided for pursuant to this Agreement shall not be reduced by any compensation
earned as a result of Executive’s other employment or otherwise.

 

  Section 13. Additional Section 409A Provisions.

Notwithstanding any provision in this Agreement to the contrary—

(a) Any payment otherwise required to be made hereunder to Executive at any date
as a result of the termination of Executive’s employment shall be delayed for
such period of time as may be necessary to meet the requirements of
Section 409A(a)(2)(B)(i) of the Code (the “Delay Period”). On the first business
day following the expiration of the Delay Period, Executive shall be paid, in a
single cash lump sum, an amount equal to the aggregate amount of all payments
delayed pursuant to the preceding sentence, and any remaining payments not so
delayed shall continue to be paid pursuant to the payment schedule set forth
herein.

(b) Each payment in a series of payments hereunder shall be deemed to be a
separate payment for purposes of Section 409A of the Code.

(c) To the extent that any right to reimbursement of expenses or payment of any
benefit in-kind under this Agreement constitutes nonqualified deferred
compensation (within the meaning of Section 409A of the Code), (i) any such
expense reimbursement shall be made by the Company no later than the last day of
the taxable year following the taxable year in which such expense was incurred
by Executive, (ii) the right to reimbursement or in-kind benefits shall not be
subject to liquidation or exchange for another benefit, and (iii) the amount of
expenses eligible for reimbursement or in-kind benefits provided during any
taxable year shall not affect the expenses eligible for reimbursement or in-kind
benefits to be provided in any other taxable year; provided, that the foregoing
clause (iii) shall not be violated with regard to expenses reimbursed under any
arrangement covered by Section 105(b) of the Code solely because such expenses
are subject to a limit related to the period the arrangement is in effect.

 

  Section 14. Golden Parachute Tax Provision.

If there is a change in ownership or control of the Company that would cause any
payment or distribution by the Company or any other Person or entity to
Executive or for Executive’s benefit (whether paid or payable or distributed or
distributable pursuant to the terms of this Agreement or otherwise) (a
“Payment”) to be subject to the excise tax imposed by Section 4999 of the Code
(such excise tax, together with any interest or penalties incurred by Executive
with respect to such excise tax, the “Excise Tax”), then Executive will receive
the greatest of the following, whichever gives Executive the highest net
after-tax amount (after taking into account federal, state, local and social
security taxes): (a) the Payments or (b) one dollar less than the

 

14

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amount of the Payments that would subject Executive to the Excise Tax (the “Safe
Harbor Amount”). If a reduction in the Payments is necessary so that the
Payments equal the Safe Harbor Amount and none of the Payments constitutes
nonqualified deferred compensation (within the meaning of Section 409A of the
Code), then the reduction shall occur in the manner Executive elects in writing
prior to the date of payment. If any Payment constitutes nonqualified deferred
compensation or if Executive fails to elect an order, then the Payments to be
reduced will be determined in a manner which has the least economic cost to
Executive and, to the extent the economic cost is equivalent, will be reduced in
the inverse order of when payment would have been made to Executive, until the
reduction is achieved. All determinations required to be made under this
Section 14, including whether and when the Safe Harbor Amount is required and
the amount of the reduction of the Payments and the assumptions to be utilized
in arriving at such determination, shall be made by an independent, certified
public accounting firm designated by the Company (the “Accounting Firm”). All
fees and expenses of the Accounting Firm shall be borne solely by the
Company. Any determination by the Accounting Firm shall be binding upon Company
and Executive.

 

  Section 15. Clawbacks.

All payments made pursuant to this Agreement are subject to the “clawback”
obligations of Section 954 of the Dodd-Frank Wall Street Reform and Consumer
Act, as may be amended from time to time, and any other “clawback” obligations
pursuant to applicable law, rule, regulation or Company policy, in each case as
consistently applied to all similarly situated executives of the Company.

 

  Section 16. Successors and Assigns; No Third-Party Beneficiaries.

(a) The Company. This Agreement shall inure to the benefit of the Company and
its respective successors and assigns. Neither this Agreement nor any of the
rights, obligations, or interests arising hereunder may be assigned by the
Company to a Person (other than another member of the Company Group, or its or
their respective successors) without Executive’s prior written consent (which
shall not be unreasonably withheld, delayed, or conditioned); provided, however,
that in the event of a sale of all or substantially all of the assets of the
Company, the Company may provide that this Agreement will be assigned to, and
assumed by, the acquiror of such assets, it being agreed that in such
circumstances, Executive’s consent will not be required in connection therewith.
The Company will require in a writing delivered to Executive that any such
purchaser, successor or assignee to expressly assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be
required to perform it if no such purchase, succession or assignment had taken
place.

(b) Executive. Executive’s rights and obligations under this Agreement shall not
be transferable by Executive by assignment or otherwise, without the prior
written consent of the Company; provided, however, that if Executive shall die,
all amounts then payable to Executive hereunder shall be paid in accordance with
the terms of this Agreement to Executive’s devisee, legatee, or other designee,
or if there be no such designee, to Executive’s estate.

(c) No Third-Party Beneficiaries. Except as otherwise set forth in Section 8(b)
or Section 16(b) hereof, nothing expressed or referred to in this Agreement will
be construed to

 

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give any Person other than the Company, the other members of the Company Group,
and Executive any legal or equitable right, remedy, or claim under or with
respect to this Agreement or any provision of this Agreement.

 

  Section 17. Waiver and Amendments.

Any waiver, alteration, amendment, or modification of any of the terms of this
Agreement shall be valid only if made in writing and signed by each of the
parties hereto; provided, however, that any such waiver, alteration, amendment,
or modification must be consented to on the Company’s behalf by the Board. No
waiver by either of the parties hereto of their rights hereunder shall be deemed
to constitute a waiver with respect to any subsequent occurrences or
transactions hereunder unless such waiver specifically states that it is to be
construed as a continuing waiver.

 

  Section 18. Severability.

If any covenants or such other provisions of this Agreement are found to be
invalid or unenforceable by a final determination of a court of competent
jurisdiction, (a) the remaining terms and provisions hereof shall be unimpaired,
and (b) the invalid or unenforceable term or provision hereof shall be deemed
replaced by a term or provision that is valid and enforceable and that comes
closest to expressing the intention of the invalid or unenforceable term or
provision hereof.

 

  Section 19. Governing Law and Jurisdiction.

(a) EXCEPT WHERE PREEMPTED BY FEDERAL LAW, THE VALIDITY, INTERPRETATION,
CONSTRUCTION, AND PERFORMANCE OF THIS AGREEMENT IS GOVERNED BY AND IS TO BE
CONSTRUED UNDER THE LAWS OF THE STATE OF DELAWARE APPLICABLE TO AGREEMENTS MADE
AND TO BE PERFORMED IN THAT STATE, WITHOUT REGARD TO CONFLICT OF LAWS RULES.

(b) Any disputes arising under or in connection with this Agreement, other than
an action brought to obtain injunctive relief in order to enforce the provisions
of the Non-Interference Agreement, shall be resolved by final and binding
arbitration before a single arbitrator as agreed upon between the Company and
Executive in Wilmington, Delaware, under the Federal Arbitration Act, using the
American Arbitration Association (the “AAA”) and in accordance with the
commercial arbitration rules of the AAA (the “Rules”) then in effect. The
written decision of the arbitrator, which shall include findings of fact and
conclusions of law, shall be final and binding upon the parties and in such form
that judgment may be entered in and enforced by any court having jurisdiction
over the parties. The arbitrator shall be entitled to award reasonable
attorneys’ fees to the prevailing party in any arbitration or judicial action
under this Agreement, or in connection with any statutory claim under applicable
law. Each party otherwise shall pay its own attorneys’ fees in any such
arbitration; provided, however, that the Company shall pay for any
administrative or filing fees, including the arbitrator’s fee, that Executive
would not have otherwise incurred if the dispute was adjudicated in a court of
law, rather than through arbitration. Nothing in this Agreement shall prevent
Executive or the Company from seeking, from a court of competent jurisdiction,
temporary restraining orders or

 

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preliminary injunctions, without the necessity of posting a bond, to require or
prevent certain acts or events (“Temporary Injunctive Relief”) in cases in which
such Temporary Injunctive Relief would otherwise be authorized by law, and such
court shall be entitled to award reasonable attorneys’ fees to the prevailing
party in any such action under this Agreement. In such cases where Temporary
Injunctive Relief is sought, the trial on the merits of the action will occur in
front of, and will be decided by, the arbitrator, who will have the same ability
to order legal or equitable remedies as could a court of general jurisdiction.
This arbitration provision recognizes the rights and responsibilities of
government agencies, including but not limited to, the Equal Employment
Opportunity Commission and state agencies, to enforce the statutes which come
under their jurisdiction. This Agreement is not intended to prevent Executive
from initiating or participating in any investigation or proceeding conducted by
these government agencies. Nothing in this arbitration provision is intended to
limit any right Executive may have to file a charge with or obtain relief from
the National Labor Relations Board or to file a claim for workers’ compensation
benefits and unemployment compensation benefit with the appropriate government
agency. Executive understands and agrees that any such arbitration shall be
conducted on an individual basis only, not a class basis, and Executive hereby
waives any right to bring classwide claims before any arbitrator or in any
forum. THE COMPANY AND EXECUTIVE UNDERSTAND THAT BY AGREEING TO ARBITRATE
DISPUTES EACH IS WAIVING ANY RIGHT TO A JURY TRIAL.

 

  Section 20. Notices.

(a) Place of Delivery. Every notice or other communication relating to this
Agreement shall be in writing, and shall be mailed to or delivered to the party
for whom or which it is intended at such address as may from time to time be
designated by it in a notice mailed or delivered to the other party as herein
provided; provided, that unless and until some other address be so designated,
all notices and communications by Executive to the Company shall be mailed or
delivered to the Company at its principal executive office, and all notices and
communications by the Company to Executive may be given to Executive personally
or may be mailed to Executive at Executive’s last known address, as reflected in
the Company’s records.

(b) Date of Delivery. Any notice so addressed shall be deemed to be given or
received (i) if delivered by hand, on the date of such delivery, (ii) if mailed
by courier or by overnight mail, on the first business day following the date of
such mailing, and (iii) if mailed by registered or certified mail, on the third
business day after the date of such mailing.

 

  Section 21. Expenses.

Each party shall be responsible for the payment of any attorneys’ fees and other
expenses incurred by such party in the negotiation and drafting of this
Agreement, except that the Company will pay or reimburse Executive for the
reasonable and documented attorneys’ fees and expenses incurred by Executive (in
an amount up to $5,000) in connection with the review, negotiation and drafting
of this Agreement and any ancillary agreements.

 

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  Section 22. Section Headings.

The headings of the sections and subsections of this Agreement are inserted for
convenience only and shall not be deemed to constitute a part thereof or affect
the meaning or interpretation of this Agreement or of any term or provision
hereof.

 

  Section 23. Entire Agreement.

This Agreement, together with any exhibits attached hereto, constitutes the
entire understanding and agreement of the parties hereto regarding the
employment of Executive. This Agreement supersedes all prior negotiations,
discussions, correspondence, communications, understandings, and agreements
between the parties relating to the subject matter of this Agreement, including
without limitation, the Prior Agreement. Notwithstanding the foregoing, the
parties hereto acknowledge and agree that the terms of the Director and Officer
Indemnification Agreement, if any, by and between Executive and the Company,
remains, and will continue to remain, in full force and effect in accordance
with its terms, and that this Agreement does not modify the terms of such
agreement.

 

  Section 24. Survival of Operative Sections.

Upon any termination of Executive’s employment, the provisions of Section 8
through Section 25 of this Agreement (together with any related definitions set
forth in Section 1 hereof) shall survive to the extent necessary to give effect
to the provisions thereof.

 

  Section 25. Counterparts.

This Agreement may be executed in two (2) or more counterparts, each of which
shall be deemed to be an original but all of which together shall constitute one
and the same instrument. The execution of this Agreement may be by actual
signature or by signature delivered by facsimile or by e-mail as a portable
document format (.pdf) file or image file attachment.

*        *        *

[Signatures to appear on the following page(s).]

 

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IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date
first above written.

 

MEDASSETS, INC.

/s/ Keith Hicks

By: Keith Hicks Title: Chief People Officer EXECUTIVE

/s/ Charles Garner

Charles Garner

[Signature Page to Employment Agreement]

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Exhibit A

CONFIDENTIALITY, NON-INTERFERENCE, AND INVENTION ASSIGNMENT AGREEMENT

As a condition of my becoming employed by, or continuing employment with,
MedAssets, Inc., a Delaware corporation (the “Company”), and in consideration of
my employment with the Company and my receipt of the compensation now and
hereafter paid to me by the Company, I agree to the following:

 

  Section 1. Confidential Information.

(a) Company Group Information. I acknowledge that, during the period of my
employment with the Company (the “Employment Period”), I will have access to
information about the Company and its direct and indirect parents, subsidiaries
and affiliates (collectively, the “Company Group”) and that my employment with
the Company shall bring me into close contact with confidential and proprietary
information of the Company Group. In recognition of the foregoing, I agree, at
all times during the Employment Period and thereafter, to hold in confidence,
and not to use, except for the benefit of the Company Group or as may be
necessary to enforce my rights under any agreement with the Company, or to
disclose to any person, firm, corporation, or other entity without prior written
authorization of the Company, any Confidential Information that I obtain or
create. I further agree not to make copies of such Confidential Information
except as authorized by the Company. I understand that “Confidential
Information” means information that the Company Group has developed, acquired,
created, compiled, discovered, or owned or will develop, acquire, create,
compile, discover, or own, that has value in or to the business of the Company
Group. I understand that Confidential Information includes, but is not limited
to, any and all non-public information that relates to the actual or anticipated
business and/or products, research, or development of the Company Group, or to
the Company Group’s technical data, trade secrets, or know-how, including, but
not limited to, research, product plans, or other information regarding the
Company Group’s products or services and markets, customer lists, and customers
(including, but not limited to, customers of the Company Group on whom I called
or with whom I may become acquainted during the Employment Period), software,
developments, inventions, processes, formulas, technology, designs, drawings,
engineering, hardware configuration information, marketing, finances, and other
business information disclosed by the Company Group either directly or
indirectly in writing, orally, or by drawings or inspection of premises, parts,
equipment, or other Company Group property. Notwithstanding the foregoing,
Confidential Information shall not include (i) any of the foregoing items that
have become publicly and widely known through no unauthorized disclosure by me
or others who were under confidentiality obligations as to the item or items
involved or (ii) any information that I am required to disclose to, or by, any
governmental or judicial authority; provided, however, that in such event I will
give the Company prompt written notice thereof so that the Company Group may
seek an appropriate protective order and/or waive in writing compliance with the
confidentiality provisions of this Confidentiality, Non-Interference, and
Invention Assignment Agreement (this “Agreement”).

(b) Former Employer Information. I represent that my performance of all of the
terms of this Agreement as an employee of the Company has not breached and will
not breach any agreement to keep in confidence proprietary information,
knowledge, or data acquired by me in confidence or trust prior or subsequent to
the commencement of my employment with the Company, and I will not disclose to
any member of the Company Group, or induce any member

--------------------------------------------------------------------------------

of the Company Group to use, any developments, or confidential or proprietary
information or material I may have obtained in connection with employment with
any prior employer in violation of a confidentiality agreement, nondisclosure
agreement, or similar agreement with such prior employer. During the Employment
Period, I will not improperly make use of, or disclose, any developments, or
confidential or proprietary information or material of any prior employer or
other third party, nor will I bring onto the premises of the Company or use any
unpublished documents or any property belonging to any prior employer or other
third party, in violation of any lawful agreements with that prior employer or
third party. I will use in the performance of my duties only information that is
generally known and used by persons with training and experience comparable to
my own, is common knowledge in the industry or otherwise legally in the public
domain, or is otherwise provided or developed by the Company.

(c) Third Party Information. I understand that the Company Group has received
and in the future may receive from third parties confidential or proprietary
information (“Third Party Information”) subject to a duty on the Company Group’s
part to maintain the confidentiality of such information and to use it only for
certain limited purposes. In recognition of the foregoing, I agree, at all times
during the Employment Period and thereafter, to hold in confidence and will not
disclose to anyone (other than Company Group personnel who need to know such
information in connection with their work for the Company Group), and not to
use, except for the benefit of the Company Group, Third Party Information
without the express prior written consent of an officer of the Company and
otherwise treat Third Party Information as Confidential Information.

 

  Section 2. Inventions.

(a) Developments Retained and Licensed. I have attached hereto, as Schedule A, a
list describing with particularity all developments, inventions, concepts,
know-how, original works of authorship, improvements, trade secrets,
methodology, algorithms, software, processes, formulas, designs, drawings and
other technological advancements and implementations that I can demonstrate were
created or owned by me prior to the commencement of the Employment Period
(collectively referred to as “Prior Developments”), which belong solely to me or
belong to me jointly with another, that relate in any way to any of the actual
or proposed businesses, products, or research and development of any member of
the Company Group, and that are not assigned to the Company hereunder, or if no
such list is attached, I represent that there are no such Prior Developments.
If, during any period during which I perform or performed services for the
Company Group both before or after the date hereof (the “Assignment Period”),
whether as an officer, employee, director, independent contractor, consultant,
or agent, or in any other capacity, I incorporate (or have incorporated) into a
Company Group product or process a Prior Development owned by me or in which I
have an interest, I hereby grant each member of the Company Group, and each
member of the Company Group shall have, a non-exclusive, royalty-free,
irrevocable, perpetual, transferable worldwide license (with the right to
sublicense) to make, have made, copy, modify, make derivative works of, use,
sell, and otherwise distribute such Prior Development as part of, or in
connection with, such product or process.

(b) Assignment of Inventions. Without additional compensation, I agree to
assign, and hereby do assign, to the Company all rights, title and interest
throughout the world in and to all Inventions (as defined below) which I may
solely or jointly conceive, create, invent, develop,

 

A-2

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modify, compile or reduce to practice, at any time during the Assignment Period,
whether or not during regular working hours, provided they either (i) relate at
the time of conception, development or reduction to practice to the business of
any member of the Company Group, or the actual or anticipated research or
development of any member of the Company Group; (ii) result from or relate to
any work performed for any member of the Company Group; or (iii) are developed
through the use of equipment, supplies, or facilities of any member of the
Company Group, or any Confidential Information, or in consultation with
personnel of any member of the Company Group (collectively referred to as
“Company IP Rights”). I understand that “Inventions” means inventions, concepts,
know-how, developments, original works of authorship, improvements, trade
secrets, methodology, algorithms, software, processes, formulas, designs,
drawings and other technological advancements and implementations. I agree that
I will promptly make full written disclosure to the Company of any Company IP
Rights I participate in conceiving, creating, inventing, developing, modifying,
compiling or reducing to practice during the Assignment Period. I further
acknowledge that, to the greatest extent permitted by applicable law, all
Company IP Rights made by me (solely or jointly with others) within the scope of
and during the Assignment Period are “works made for hire” for which I am, in
part, compensated by my salary, unless regulated otherwise by law. If any
Company IP Rights cannot be assigned, I hereby grant to the Company Group an
exclusive, assignable, irrevocable, perpetual, worldwide, sublicenseable
(through one or multiple tiers), royalty-free, unlimited license to use, make,
modify, sell, offer for sale, reproduce, distribute, create derivative works of,
publicly perform, publicly display and digitally perform and display such work
in any media now known or hereafter known. Outside the scope of my service,
whether during or after the Employment Period, I agree not to (i) modify, adapt,
alter, translate, or create derivative works from any such work of authorship or
(ii) merge any such work of authorship with other Company IP Rights. To the
extent rights related to paternity, integrity, disclosure and withdrawal
(collectively, “Moral Rights”) may not be assignable under applicable law and to
the extent the following is allowed by the laws in the various countries where
Moral Rights exist, I hereby irrevocably waive such Moral Rights and consent to
any action of the Company Group that would violate such Moral Rights in the
absence of such consent.

(c) Maintenance of Records. I agree to keep and maintain adequate and current
written records of all Company IP Rights made by me (solely or jointly with
others) during the Assignment Period. The records may be in the form of notes,
sketches, drawings, flow charts, electronic data or recordings, and any other
format. The records will be available to and remain the sole property of the
Company Group at all times. I agree not to remove such records from the
Company’s place of business except as expressly permitted by Company Group
policy, which may, from time to time, be revised at the sole election of the
Company Group for the purpose of furthering the business of the Company Group.

(d) Intellectual Property Rights. I hereby agree to assist the Company, or its
designee, at the Company’s expense, in every way to secure the rights of the
Company Group in the Company IP Rights and any copyrights, patents, trademarks,
service marks, database rights, domain names, mask work rights, moral rights,
and other intellectual property rights relating thereto in any and all
countries, including the disclosure to the Company of all pertinent information
and data with respect thereto, the execution of all applications,
specifications, oaths, assignments, recordations, and all other instruments that
the Company shall deem necessary in order to apply for, obtain, maintain, and
transfer such rights and in order to assign and convey to

 

A-3

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the Company Group the sole and exclusive right, title, and interest in and to
such Company IP Rights, and any intellectual property and other proprietary
rights relating thereto. I further agree that my obligation to execute or cause
to be executed, when it is in my power to do so, any such instrument or papers
shall continue after the Assignment Period until the expiration of the last such
intellectual property right to expire in any country of the world; provided,
however, that the Company shall reimburse me for my reasonable expenses incurred
in connection with carrying out the foregoing obligation. If the Company is
unable because of my mental or physical incapacity or unavailability for any
other reason to secure my signature to apply for or to pursue any application
for any United States or foreign patents or copyright registrations covering
Company IP Rights or original works of authorship assigned to the Company as
above, then I hereby irrevocably designate and appoint the Company and its duly
authorized officers and agents as my agent and attorney in fact to act for and
in my behalf and stead to execute and file any such applications or records and
to do all other lawfully permitted acts to further the application for,
prosecution, issuance, maintenance, and transfer of letters patent or
registrations thereon with the same legal force and effect as if originally
executed by me. I hereby waive and irrevocably quitclaim to the Company any and
all claims, of any nature whatsoever, that I now or hereafter have for past,
present, or future infringement of any and all proprietary rights assigned to
the Company.

(e) State Nonassignable Invention Exemptions. Solely to the extent that I
(i) was or am an employee of the Company and (ii) was or am based in California,
Illinois, Washington, Kansas or Minnesota or otherwise entitled to the benefits
of the state statutes of California, Illinois, Washington, Kansas or Minnesota
during the Employment Period, then, to the extent the assignment of Company IP
Rights to the Company in this Section 2 can be construed to cover inventions
excluded under the appropriate state statutes (including California Labor Code
Sec. 2870, Illinois Employee Patent Act, 765 ILCS 1060, Sec. 2, Revised Code of
Washington Section 49.44.140(1), Kansas Statute K.S.A. §44-130, and Minn. Stat.
§181.78, each incorporated herein by reference), this Section 2 shall not apply
to such inventions.

 

  Section 3. Returning Company Group Documents.

I agree that, at the time of termination of my employment with the Company for
any reason, or as soon as practicable thereafter, I will deliver to the Company
(and will not keep in my possession, recreate, or deliver to anyone else) any
and all Confidential Information, Third Party Information and all other
documents, materials, information, and property developed by me pursuant to my
employment or otherwise belonging to the Company and, if so requested, will
certify in writing that I have fully complied with the foregoing obligation. I
agree further that I will not copy, delete, or alter any information contained
upon my Company computer or Company equipment before I return it to the Company.
In addition, if I have used any personal computer, server, or e-mail system to
receive, store, review, prepare or transmit any Company information, including
but not limited to, Confidential Information, I agree to provide the Company
with a computer-useable copy of all such Company information and then
permanently delete and expunge such Company information from those systems; and
I agree to provide the Company access to my system as reasonably requested to
verify that the necessary copying and/or deletion is completed. I agree further
that any property situated on the Company’s premises and owned by the Company
(or any other member of the Company Group), including disks and other storage
media, filing cabinets, and other work areas, is subject to inspection by
personnel of any member of the Company Group at any time with or without notice.

 

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  Section 4. Disclosure of Agreement.

As long as it remains in effect, I will disclose the existence of this Agreement
to any prospective employer, partner, co-venturer, investor, or lender prior to
entering into an employment, partnership, or other business relationship with
such person or entity. I also consent to the notification of my prospective
employer, partner, co-venturer, investor, or lender of my rights and obligations
under this Agreement, by the Company providing a copy of this Agreement or
otherwise.

 

  Section 5. Restrictions on Interfering.

(a) Non-Competition. During the Employment Period and the Post-Termination
Non-Compete Period, I shall not, directly or indirectly, individually or on
behalf of any person, company, enterprise, or entity, or as a sole proprietor,
partner, stockholder, director, officer, principal, agent, or executive, or in
any other capacity or relationship, engage in any Competitive Activities, within
the United States or any other jurisdiction in which the Company Group is
actively engaged in business.

(b) Non-Interference. During the Employment Period and the Post-Termination
Non-Interference Period, I shall not, directly or indirectly for my own account
or for the account of any other individual or entity, engage in Interfering
Activities.

(c) Definitions. For purposes of this Agreement:

(i) “Business Relation” shall mean any current or prospective client, customer,
licensee, or other business relation of the Company Group, or any such relation
that was a client, customer, licensee, supplier, or other business relation
within the six (6) month period prior to the termination of the Employment
Period, in each case, to whom I provided services, or with whom I transacted
business, or whose identity became known to me in connection with my
relationship with or employment by the Company.

(ii) “Competitive Activities” shall mean any business activity that is
competitive with the then-current or demonstrably planned business activities of
the Company Group. During the Post-Termination Non-Compete Period, whether a
business activity is competitive will be determined at the time of termination
of the Employment Period.

(iii) “Interfering Activities” shall mean (A) encouraging, soliciting, or
inducing, or in any manner attempting to encourage, solicit, or induce, any
Person employed by, or providing consulting services to, any member of the
Company Group to terminate such Person’s employment or services (or in the case
of a consultant, materially reducing such services) with the Company Group;
(B) hiring any individual who was employed by the Company Group within the six
(6) month period prior to the date of such hiring; or (C) encouraging,
soliciting, or inducing, or in any manner attempting to encourage, solicit, or
induce, any Business Relation to cease doing business with or reduce the amount
of business conducted with any member of the Company Group, or in any way
interfering with the relationship between any such Business Relation and any
member of the Company Group.

 

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(iv) “Person” shall mean any individual, corporation, partnership, limited
liability company, joint venture, association, joint-stock company, trust
(charitable or non-charitable), unincorporated organization, or other form of
business entity.

(v) “Post-Termination Non-Compete Period” shall mean the period commencing on
the date of the termination of the Employment Period for any reason and ending
on the twenty-four (24) month anniversary of such date of termination.

(vi) “Post-Termination Non-Interference Period” shall mean the period commencing
on the date of the termination of the Employment Period for any reason and
ending on the twenty-four (24) month anniversary of such date of termination.

(d) Non-Disparagement. I agree that during the Employment Period, and at all
times thereafter, I will not make any disparaging or defamatory comments
regarding any member of the Company Group or its respective current or former
directors, officers, employees or shareholders in any respect or make any
comments concerning any aspect of my relationship with any member of the Company
Group or any conduct or events which precipitated any termination of my
employment from the Company. However, my obligations under this subsection (d)
shall not apply to disclosures required by applicable law, regulation, or order
of a court or governmental agency. By countersigning this Agreement, the Company
will instruct its directors and officers not to make any disparaging or
defamatory comments regarding me in any respect or make any comments concerning
any aspect of my relationship with any member of the Company Group or any
conduct or events which precipitated any termination of my employment from the
Company, and the Company will not issue, authorize or condone any such comments.

(e) Standstill Agreement. I agree that during the Employment Period and the
Post-Termination Non-Compete Period, I will not, directly or indirectly,
(i) serve as a principal, partner, stockholder, director, officer, employee,
consultant, advisor, or in any other capacity or relationship, to a private
equity, hedge fund or similar firm if such activities involve the Company, its
parents, subsidiaries or affiliates or any business that engages in (or intends
to engage in) Competitive Activities or (ii) represent, discuss, participate,
instigate, consult, advise or involve myself either individually or together
with any other party(ies) (including, but not limited to, any individual,
private equity firm, corporation or partnership (public or private)) in any form
of transaction, including any acquisition, merger, tender offer, solicitation of
proxies or capital markets transaction, related to the Company and/or its
outstanding common shares, or debt securities.

 

  Section 6. Reasonableness of Restrictions.

I acknowledge and recognize the highly competitive nature of the Company’s
business, that access to Confidential Information renders me special and unique
within the Company’s industry, and that I will have the opportunity to develop
substantial relationships with existing and prospective clients, accounts,
customers, consultants, contractors, investors, and strategic partners of the
Company Group during the course of and as a result of my employment with the
Company. In light of the foregoing, I recognize and acknowledge that the
restrictions and limitations set forth in this Agreement are reasonable and
valid in geographical and temporal scope and in all other respects and are
essential to protect the value of the business

 

A-6

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and assets of the Company Group. I acknowledge further that the restrictions and
limitations set forth in this Agreement will not materially interfere with my
ability to earn a living following the termination of the Employment Period and
that my ability to earn a livelihood without violating such restrictions is a
material condition to my employment with the Company.

 

  Section 7. Independence; Severability; Blue Pencil.

Each of the rights enumerated in this Agreement shall be independent of the
others and shall be in addition to and not in lieu of any other rights and
remedies available to the Company Group at law or in equity. If any of the
provisions of this Agreement or any part of any of them is hereafter construed
or adjudicated to be invalid or unenforceable, the same shall not affect the
remainder of this Agreement, which shall be given full effect without regard to
the invalid portions. If any of the covenants contained herein are held to be
invalid or unenforceable because of the duration of such provisions or the area
or scope covered thereby, I agree that the court making such determination shall
have the power to reduce the duration, scope, and/or area of such provision to
the maximum and/or broadest duration, scope, and/or area permissible by law, and
in its reduced form said provision shall then be enforceable.

 

  Section 8. Injunctive Relief.

I expressly acknowledge that, because my services are personal and unique and
because I will have access to Confidential Information, any breach or threatened
breach of any of the terms and/or conditions set forth in this Agreement may
result in substantial, continuing, and irreparable injury to the members of the
Company Group for which monetary damages would not be an adequate remedy.
Therefore, I hereby agree that, in addition to any other right or remedy that
may be available to the Company in law or in equity, any member of the Company
Group shall be entitled to injunctive relief, specific performance, or other
equitable relief by a court of appropriate jurisdiction in the event of any
breach or threatened breach of the terms of this Agreement without the necessity
of proving irreparable harm or injury as a result of such breach or threatened
breach or posting a bond and without liability should relief be denied, modified
or vacated. Notwithstanding any other provision to the contrary, I acknowledge
and agree that the Post-Termination Non-Compete Period, or Post-Termination
Non-Interference Period, as applicable, shall be tolled during any period of
violation of any of the covenants in Section 5 hereof and during any other
period required for litigation during which the Company or any other member of
the Company Group seeks to enforce such covenants against me if it is ultimately
determined that I was in breach of such covenants.

 

  Section 9. Cooperation.

I agree that, following any termination of my employment, I will continue to
provide reasonable cooperation to the Company and/or any other member of the
Company Group and its or their respective counsel in connection with any
investigation, administrative proceeding, or litigation relating to any matter
that occurred during the Employment Period in which I was involved or of which I
have knowledge. As a condition of such cooperation, the Company shall reimburse
me for reasonable out-of-pocket expenses incurred at the request of the Company
with respect to my compliance with this Section. I also agree that, in the event
that I am subpoenaed by any person or entity (including, but not limited to, any
government agency) to give testimony or provide documents (in a deposition,
court proceeding, or otherwise) that in any

 

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way relates to my employment by the Company and/or any other member of the
Company Group, I will give prompt notice of such request to the Company and will
make no disclosure until the Company and/or the other member of the Company
Group has had a reasonable opportunity to contest the right of the requesting
person or entity to such disclosure.

 

  Section 10. General Provisions.

(a) Governing Law and Jurisdiction. EXCEPT WHERE PREEMPTED BY FEDERAL LAW, THE
VALIDITY, INTERPRETATION, CONSTRUCTION, AND PERFORMANCE OF THIS AGREEMENT IS
GOVERNED BY AND IS TO BE CONSTRUED UNDER THE LAWS OF THE STATE OF DELAWARE
APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN THAT STATE, WITHOUT REGARD
TO CONFLICT OF LAWS RULES. FURTHER, I HEREBY CONSENT TO THE EXCLUSIVE
JURIDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN THE STATE OF DELAWARE,
AND WAIVE ANY RIGHT TO TRIAL BY JURY, IN CONNECTION WITH ANY DISPUTE ARISING
UNDER OR CONCERNING THIS AGREEMENT.

(b) Entire Agreement. This Agreement sets forth the entire agreement and
understanding between the Company and me relating to the subject matter herein
and merges all prior discussions between us, provided that nothing contained in
this Agreement shall limit, restrict or adversely affect in any way the
Company’s right, title or interest in any Company IP Rights transferred or
assigned by me (or on my behalf) to the Company at any time prior to the date
hereof. No modification or amendment to this Agreement, nor any waiver of any
rights under this Agreement, will be effective unless in writing signed by the
party to be charged. Any subsequent change or changes in my duties, obligations,
rights, or compensation will not affect the validity or scope of this Agreement.

(c) No Right of Continued Employment. I acknowledge and agree that nothing
contained herein shall be construed as granting me any right to continued
employment by the Company, and the right of the Company to terminate my
employment at any time and for any reason, with or without cause, is
specifically reserved.

(d) Successors and Assigns. This Agreement will be binding upon my heirs,
executors, administrators, and other legal representatives and will be for the
benefit of the Company, its successors, and its assigns. I expressly acknowledge
and agree that this Agreement may be assigned by the Company without my consent
to any other member of the Company Group as well as any purchaser of all or
substantially all of the assets or stock of the Company or of any business or
division of the Company for which I provide services, whether by purchase,
merger, or other similar corporate transaction, provided that the license
granted pursuant to Section 2(a) may be assigned to any third party by the
Company without my consent.

(e) Survival. The provisions of this Agreement shall survive the termination of
my employment with the Company and/or the assignment of this Agreement by the
Company to any successor in interest or other assignee.

*        *        *

 

A-8

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I, Charles Garner, have executed this Confidentiality, Non-Interference, and
Invention Assignment Agreement on the date set forth below:

 

Date:

March 17, 2015

/s/ Charles Garner

(Signature)

Charles Garner

(Type/Print Name)

[Signature Page to Non-Interference Agreement]

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SCHEDULE A

LIST OF PRIOR DEVELOPMENTS

AND ORIGINAL WORKS OF AUTHORSHIP

EXCLUDED FROM SECTION 2

 

Titl e

  

Date

  

Identifying Number or

Brief Description

                                                           

  X   No Developments or improvements

        Additional Sheets Attached

Signature of Executive:  

/s/ Charles Garner

Print Name of Executive:  

Charles Garner

Date:  

March 17, 2015

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Exhibit B

RELEASE OF CLAIMS

As used in this Release of Claims (this “Release”), the term “claims” will
include all claims, covenants, warranties, promises, undertakings, actions,
suits, causes of action, obligations, debts, accounts, attorneys’ fees,
judgments, losses, and liabilities, of whatsoever kind or nature, in law, in
equity, or otherwise.

For and in consideration of the Severance Benefits (as defined in my Employment
Agreement, dated March 17, 2015, with MedAssets, Inc. (such corporation, the
“Company” and such agreement, my “Employment Agreement”)), and other good and
valuable consideration, I, Charles Garner, for and on behalf of myself and my
heirs, administrators, executors, and assigns, effective as of the date on which
this release becomes effective pursuant to its terms, do fully and forever
release, remise, and discharge the Company, and each of its direct and indirect
subsidiaries and affiliates, and their respective successors and assigns,
together with their respective current and former officers, directors, partners,
shareholders, employees, and agents (collectively, and with the Company, the
“Group”), from any and all claims whatsoever up to the date hereof that I had,
may have had, or now have against the Group, whether known or unknown, for or by
reason of any matter, cause, or thing whatsoever, including any claim arising
out of or attributable to my employment or the termination of my employment with
the Company, whether for tort, breach of express or implied employment contract,
intentional infliction of emotional distress, wrongful termination, unjust
dismissal, defamation, libel, or slander, or under any federal, state, or local
law dealing with discrimination based on age, race, sex, national origin,
handicap, religion, disability, or sexual orientation. The release of claims in
this Release includes, but is not limited to, all claims arising under the Age
Discrimination in Employment Act of 1967 (“ADEA”), Title VII of the Civil Rights
Act of 1964, the Americans with Disabilities Act of 1990, the Civil Rights Act
of 1991, the Family and Medical Leave Act of 1993, the Employee Retirement
Income Security Act of 1974, the Worker Adjustment and Retraining Notification
Act of 1988 and the Equal Pay Act of 1963, each as may be amended from time to
time, and all other federal, state, and local laws, the common law, and any
other purported restriction on an employer’s right to terminate the employment
of employees. I intend this Release to be a general release of any and all
claims to the fullest extent permissible by law and for the provisions regarding
the release of claims against the Group to be construed as broadly as possible,
and hereby incorporate in this release similar federal, state or other laws, all
of which I also hereby expressly waive.

I understand and agree that claims or facts in addition to or different from
those which are now known or believed by me to exist may hereafter be
discovered, but it is my intention to fully and forever release, remise and
discharge all claims which I had, may have had, or now have against the Group,
whether known or unknown, suspected or unsuspected, asserted or unasserted,
contingent or noncontingent, without regard to the subsequent discovery or
existence of such additional or different facts. Without limiting the foregoing,
by signing this Release, I expressly waive and release any provision of law that
purports to limit the scope of a general release.

I acknowledge and agree that as of the date I execute this Release, I have no
knowledge of any facts or circumstances that give rise or could give rise to any
claims under any of the laws listed in the preceding paragraphs.

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By executing this Release, I specifically release all claims relating to my
employment and its termination under the ADEA, a United States federal statute
that, among other things, prohibits discrimination on the basis of age in
employment and employee benefit plans.

Notwithstanding any provision of this Release to the contrary, by executing this
Release, I am not releasing (i) any claims relating to my rights under Section 8
of my Employment Agreement, (ii) any claims that cannot be waived by law,
(iii) my right of indemnification as provided by, and in accordance with the
terms of, the Director and Officer Indemnification Agreement, if any, the
Company’s by-laws or a Company insurance policy providing such coverage, as any
of such may be amended from time to time, or (iv) any claims I may have as a
stockholder of the Company.

I expressly acknowledge and agree that I –

 

  •   Am able to read the language, and understand the meaning and effect, of
this Release;

 

  •   Have no physical or mental impairment of any kind that has interfered with
my ability to read and understand the meaning of this Release or its terms, and
that I am not acting under the influence of any medication, drug, or chemical of
any type in entering into this Release;

 

  •   Am specifically agreeing to the terms of the release contained in this
Release because the Company has agreed to pay me the Severance Benefits in
consideration for my agreement to accept it in full settlement of all possible
claims I might have or ever have had, and because of my execution of this
Release;

 

  •   Acknowledge that, but for my execution of this Release, I would not be
entitled to the Severance Benefits;

 

  •   Understand that, by entering into this Release, I do not waive rights or
claims under the ADEA that may arise after the date I execute this Release;

 

  •   Had or could have had [twenty-one (21)][forty-five (45)]1 calendar days
from the date of my termination of employment (the “Release Expiration Date”) in
which to review and consider this Release, and that if I execute this Release
prior to the Release Expiration Date, I have voluntarily and knowingly waived
the remainder of the review period;

 

  •   Have not relied upon any representation or statement not set forth in this
Release or my Employment Agreement made by the Company or any of its
representatives;

 

 

1  To be selected based on whether applicable termination was “in connection
with an exit incentive or other employment termination program” (as such phrase
is defined in the Age Discrimination in Employment Act of 1967).

 

B-2

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  •   Was advised to consult with my attorney regarding the terms and effect of
this Release; and

 

  •   Have signed this Release knowingly and voluntarily.

I represent and warrant that I have not previously filed, and to the maximum
extent permitted by law agree that I will not file, a complaint, charge, or
lawsuit against any member of the Group regarding any of the claims released
herein. If, notwithstanding this representation and warranty, I have filed or
file such a complaint, charge, or lawsuit, I agree that I shall cause such
complaint, charge, or lawsuit to be dismissed with prejudice and shall pay any
and all costs required in obtaining dismissal of such complaint, charge, or
lawsuit, including without limitation the attorneys’ fees of any member of the
Group against whom I have filed such a complaint, charge, or lawsuit. This
paragraph shall not apply, however, to a claim of age discrimination under the
ADEA or to any non-waivable right to file a charge with the United States Equal
Employment Opportunity Commission (the “EEOC”) or similar state agency;
provided, however, that if the EEOC or similar state agency were to pursue any
claims relating to my employment with the Company, I agree that I shall not be
entitled to recover any monetary damages or any other remedies or benefits as a
result and that this Release and Section 8 of my Employment Agreement will
control as the exclusive remedy and full settlement of all such claims by me.

I hereby agree to waive any and all claims to re-employment with the Company or
any other member of the Group and affirmatively agree not to seek further
employment with the Company or any other member of the Group. I acknowledge that
if I re-apply for or seek employment with the Company or any other member of the
Group, the Company’s or any other member of the Group’s refusal to hire me based
on this provision will provide a complete defense to any claims arising from my
attempt to apply for employment.

Notwithstanding anything contained herein to the contrary, this Release will not
become effective or enforceable prior to the expiration of the period of seven
(7) calendar days immediately following the date of its execution by me (the
“Revocation Period”), during which time I may revoke my acceptance of this
Release by notifying the Company and the Board of Directors of the Company, in
writing, delivered to the Company at its principal executive office, marked for
the attention of its [Chief Executive Officer]. To be effective, such revocation
must be received by the Company no later than 11:59 p.m. Eastern Time on the
seventh (7th) calendar day following the execution of this Release. Provided
that this Release is executed and I do not revoke it during the Revocation
Period, the eighth (8th) calendar day following the date on which this Release
is executed shall be its effective date. I acknowledge and agree that if I
revoke this Release during the Revocation Period, this Release will be null and
void and of no effect, and neither the Company nor any other member of the Group
will have any obligations to pay me the Severance Benefits.

The provisions of this Release shall be binding upon my heirs, executors,
administrators, legal personal representatives, and assigns. If any provision of
this Release shall be held by any court of competent jurisdiction to be illegal,
void, or unenforceable, such provision shall be of no force or effect. The
illegality or unenforceability of such provision, however, shall have no effect
upon and shall not impair the enforceability of any other provision of this
Release.

 

B-3

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EXCEPT WHERE PREEMPTED BY FEDERAL LAW, THE VALIDITY, INTERPRETATION,
CONSTRUCTION, AND PERFORMANCE OF THIS RELEASE IS GOVERNED BY AND IS TO BE
CONSTRUED UNDER THE LAWS OF THE STATE OF DELAWARE APPLICABLE TO AGREEMENTS MADE
AND TO BE PERFORMED IN THAT STATE, WITHOUT REGARD TO CONFLICT OF LAWS RULES. ANY
DISPUTE OR CLAIM ARISING OUT OF OR RELATING TO THIS RELEASE OR CLAIM OF BREACH
HEREOF SHALL BE BROUGHT EXCLUSIVELY IN THE UNITED STATES DISTRICT COURT FOR THE
DISTRICT OF DELAWARE, TO THE EXTENT FEDERAL JURISDICTION EXISTS, AND IN ANY
COURT SITTING IN DELAWARE, BUT ONLY IN THE EVENT FEDERAL JURISDICTION DOES NOT
EXIST, AND ANY APPLICABLE APPELLATE COURTS. BY EXECUTION OF THIS RELEASE, I
CONSENT TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS, AND WAIVE ANY RIGHT TO
CHALLENGE JURISDICTION OR VENUE IN SUCH COURT WITH REGARD TO ANY SUIT, ACTION,
OR PROCEEDING UNDER OR IN CONNECTION WITH THIS RELEASE. FURTHER, I HEREBY WAIVE
ANY RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY SUIT, ACTION, OR PROCEEDING
UNDER OR IN CONNECTION WITH THIS RELEASE.

Capitalized terms used, but not defined herein, shall have the meanings ascribed
to such terms in my Employment Agreement.

*        *        *

I,                                     , have executed this Release of Claims on
the date set forth below:

 

 

Charles Garner Date:

 

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