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Exhibit 10.3

AMENDMENT NO. 1
TO
EMPLOYMENT AGREEMENT

THIS AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (this “Amendment”) dated as of
March 13, 2020 (the “Amendment Effective Date”), by and between Michael Sicoli
and Internap Corporation, a Delaware Corporation (the “Company,” and together
with Executive, each a “Party”, and collectively, the “Parties”).
 
WHEREAS, the Parties entered into an Employment Agreement, dated August 26, 2019
(the “Agreement”); and
 
WHEREAS, the Executive and the Company wish to amend a certain provision of the
Agreement as set forth herein.
 
NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledge, Executive and the Company agree as follows:
 

1.
Section 1.4 is amended to add the following clause (d):

 
(d)  Executive will be eligible to receive a one-time bonus equal to $575,000
(the “Incentive Bonus”).  Fifty percent of the Incentive Bonus will be payable
within five days following the consummation of the chapter 11 plan contemplated
by that certain Restructuring Support Agreement, dated as of March 13, 2020,
among the Company and the other parties thereto (the “Initial Incentive Bonus
Payment Date”).  The remaining fifty percent of the Incentive Bonus will be
payable on March 31, 2021 (the “Second Incentive Bonus Payment Date”, and
together with the Initial Incentive Bonus Payment Date, the “Payment Dates”).
 Executive will forfeit any unpaid portion of the Incentive Bonus if Executive
experiences a Termination other than a Qualifying Termination prior to the
applicable Payment Date.  Notwithstanding the foregoing, in the event of
Executive experiences a Qualifying Termination, Executive will be paid any
unpaid and unforfeited portion of the Incentive Bonus on the later of (x) the
Initial Incentive Bonus Payment Date and (y) the date of such termination.
 
2.     Except to the extent expressly modified or amended by this Amendment, all
terms and provisions of the Agreement shall continue in full force and effect
and shall remain enforceable and binding in accordance with their respective
terms.
 
3.     This Amendment may be executed in counterparts, each of which shall be
deemed an original, but all of which together shall be deemed to be one and the
same agreement.  A signed copy of this Amendment delivered by facsimile, e-mail
or other means of electronic transmission shall be deemed to have the same legal
effect as delivery of an original signed copy of this Amendment.
 
[Signature page follows]
-1 -

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IN WITNESS WHEREOF, the Parties have executed this Amendment as of the Amendment
Effective Date.
 
Company:
 
INTERNAP CORPORATION
 
/s/ Richard Diegnan
Name: Richard Diegnan
Title: Executive Vice President, General Counsel

EXECUTIVE:

/s/ Michael Sicoli
Michael Sicoli

[Signature Page to Amendment No. 1 to Employment Agreement]

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