EX-10.1




 Exhibit 10.1 
  

			
	 




	 	 132.SGP.Cisco Systems (USA) Pte. Ltd.

UE BizHub East
 8 Changi Business Park Avenue 1

SINGAPORE 486018
 http://www.cisco.com


 Letter of Transfer 

International Transfer 

18-Feb-2021 

Tiang Yew Irving Tan 
 300 East Tasman Drive 

SAN JOSE, CALIFORNIA 95134 
 USA 

Dear Tiang Yew Irving: 
 This letter is to confirm
the details of your transfer under Cisco’s Local International Transfer Policy to 132.SGP.Cisco Systems (USA) Pte. Ltd. in Singapore. This letter pertains only to the remuneration, services and changes that will occur as a result of your
transfer, as indicated by the International Transfer policy. Under separate cover, you will receive an offer letter outlining the compensation, benefits and employment conditions associated with your local offer at 132.SGP.Cisco Systems (USA) Pte.
Ltd. in Singapore. Your actual start is conditional upon the issuance and maintenance of a valid residency, work and/or any other permits necessary to legally reside and work in Singapore. 

Compensation and Benefits 
 Effective
February 8, 2021, you will receive the salary, applicable bonuses, equity compensation, and benefits that are offered in Singapore. Salary actions, including timing and amounts of increases, will be consistent with the salary program in effect
in Singapore. 
 You will be eligible for the local health and welfare plan coverage in Singapore. Please be aware that there may be an enrolment
process related to the local benefits plan. 
 Your coverage under your current plan in United States will cease with the effective date of your
transfer i.e. February 8, 2021. Additionally you will be eligible for other benefit plans like retirement plans, life insurance, business travel accident insurance, and disability as applicable in Singapore to which you are transferring.
Working hours, vacation, public holidays, and sick leave will follow policies in effect for Singapore. 
 You will no longer participate in United
States benefit plans. 

  
  

 

			
	Employee Initials /s/ IT	  	Page 1













 Transfer Remuneration and Transition Support 

You will receive the following allowances and services to assist with your transition: 

Tiang Yew Irving Tan 
 New Location:
Singapore 
 Summary of International Transfer - Benefit & Services 

 

							
	 	 	 	 
	
  Benefit / Service
	  	Description	  	Delivery	 	Frequency
	 	 		 
	 Relocation Time

Off (RTO)
	  	 Up to 3 business days off to complete personal matters as part of the
relocation
	  	Discuss and agree RTO with your manager. No reporting is needed, unless legally required	 	Up to 1 month prior to relocation and up to 3 months post relocation
	Tax Briefing	  	
Mandatory tax briefing, one for current country and one for new country, through the Cisco approved tax provider
	  	Direct billed to Cisco	 	Prior to transfer
	Tax Preparation	  	 Tax preparation
through the Cisco approved provider for the current and new location for the year of transfer
	  	Direct billed to Cisco	 	At country specific tax year-end
	Enroute Travel – Employee and Dependents	  	 Enroute travel in accordance with the
Cisco Global Travel Policy.
 Must be booked through the Relocation Vendor using Cisco Relocation Travel desk (CisART).
	  	Airfare/train direct billed to Cisco	 	Prior to transfer
	 Baggage and Transportation

to/from airport
	  	 Reimbursement of up to the equivalent of
500.00 USD for baggage fees against actual receipts.
 Transportation to and from the airport/train station and meals on day of travel reimbursed
with receipts through Relocation Vendor expense tool.
	  	Submit eligible expenses through Relocation Vendor expense tool	 	Upon transfer
	Temporary Living - Accommodation	  	 60 days of temporary living (serviced
apartment or hotel depending on the number of days) to be used in current and/or new location
	  	Direct billed to Cisco or reimbursed by Relocation Vendor	 	Upon transfer
	Temporary Living - Transportation	  	 60 days rental car and fuel reimbursement per Cisco Global Travel
Policy
	  	Submit eligible expenses through Relocation Vendor expense tool	 	Upon transfer
	Household Goods Shipment- Air	  	 Air shipment managed by Cisco Relocation
Provider.
 160 cu ft (1x D + x LDN container)
	  	Direct billed to Cisco	 	Prior to transfer
	Household Goods Shipment - Sea	  	 Sea
shipment based on family size managed by Cisco Relocation Provider.
 40 foot container

Storage in Transit: up to 30 days
	  	Direct billed to Cisco	 	Prior to transfer


  
  

 

			
	Employee Initials /s/ IT	  	Page 2














							
	 	 		 
	Vehicle - Loss on sale subsidy	  	 Reimbursement of up to the equivalent of 10,000.00 USD.

If taxable in Singapore, Cisco will be responsible for the applicable tax liability.
	  	Submit supporting documentation and eligible expenses through Relocation Vendor expense tool	 	Prior to transfer
	Miscellaneous Allowance	  	 One-time net allowance of 77,077 SGD
	  	Paid via new country payroll after relocation	 	Following transfer
	
Departure
 Services
	  	 Service to assist with departure support
in the current location through Cisco Relocation Provider
	  	Direct billed to Cisco	 	Upon transfer
	 Home sale
assistance –
 Buyer Value
 Option
	  	 Agent commissions and customary closing
costs on the sale of the primary residence in the US.
 Selling agent must be registered with Relocation Vendor network.

Please refer to the Cisco Home Sale and Marketing Assistance guide for details.

If taxable in Singapore, Cisco will be responsible for the applicable tax liability.
	  	Direct billed to Cisco.	 	Following transfer
	Home Marketing Assistance	  	 Reimbursement up to 10,000.00 USD for the
following:
 i. Painting
 ii. Tune up
exterior landscaping
 iii. Professional carpet cleaning

iv. Professional home staging
 v. Buyer
closing costs
 If taxable in Singapore, Cisco will be responsible for the applicable tax liability.
	  	Submit eligible expenses through Relocation Vendor expense tool.	 	During the Home Sale process
	 Home Sales

Incentive
	  	 Sales
incentive of 2% of the home sale value if an offer is received and accepted within the first 90 days of listing; 1% if an offer is received and accepted between 91 and 180 days of listing.

Employee is responsible for taxes.
	  	Paid via payroll through first available payroll cycle after the home is acquired by the Relocation Vendor.	 	During the Home Sale process

 The relocation elements of the compensation package are contingent upon your execution of the attached Relocation Agreement and
compliance with the terms of that Agreement. No substitutions or cash outs for any of the provided relocation components are permitted. All relocation benefits are available for up to 12 months from the transfer/assignment start date, unless
separately specified. 
 Other Transfer Terms and Conditions 

Code of Business Conduct 
 In order to
commence your transfer, you must have executed the most recent Code of Business Conduct. 

  
  

 

			
	Employee Initials /s/ IT	  	Page 3













 Taxes and Tax Services 

Taxes 
 As result of your transfer, you will be
responsible for all income taxes in both your current location and the new location, as per country specific tax rules and regulations. 
 Failure to
comply may create issues with visa renewals, incur tax penalties which will be your responsibility and even in severe cases, involve penal punishment. 
 Some
countries offer a special tax regime which provides a preferential effective rate of income taxation through reductions in the tax rate or the tax base. Obtaining this special tax status is the employee’s responsibility. 

Tax Gross-up may be applied when the transfer related remuneration and services you receive under the
International Transfer policy requires the company to provide the remuneration or services as a guaranteed net payment after taxes are deducted. Tax Gross-up is however limited to income and social taxes, and
to a limited extent, the exit taxes in effect in certain countries. 
 Please review the Global Tax Policy for further details. Cisco shall
have the right and privilege at any time it deems necessary and proper to amend, add, or delete provisions to and from the Global Tax Policy without prior notice. 

Tax Briefing 
 Cisco has retained an
international tax firm, Ernst & Young, to assist you with the understanding of your taxes, both in the current and new Payroll location.

You are required to meet with the tax vendor consultants both at current and new locations. These meetings are critically important to ensure tax
and legal compliance are met and any risk for the Company due to your transfer is effectively managed. 
 You are encouraged to seek tax advice from
your personal tax advisor at your own expense to determine the impact of any relocation payments upon your individual tax liability. You are also encouraged to save all of your relocation expense receipts for tax purposes. 

The IRS provides tax information, forms and publications at no charge to the public at
http://www.irs.gov. 
 Tax
Preparation 
 In addition to the tax briefing, Cisco has retained Ernst & Young to assist you with the preparation and filing of your
taxes, both in the current and new Payroll location for the year of transfer. 
 You will be fully responsible for all penalties and interest charges
assessed by any tax authority due to your failure to (1) provide information to Cisco’s tax vendor, Ernst & Young, on a timely basis, (2) notify Ernst & Young of any significant personal income or investment
transactions, or (3) cooperate with Cisco with respect to the tax gross-up process. 
 This letter,
together with its attachments, states our entire understanding of your transfer remuneration and services. However, this letter does not modify, amend or supersede written Cisco agreements and policies that are consistent with enforceable
provisions of this letter such as Cisco’s “Proprietary Information and Invention Agreement” and Cisco’s Arbitration Agreement. In addition, this letter, its attachments and their contents do not modify or supersede any local laws
which may prohibit the application of other policies deemed corporate policies of Cisco Systems, Inc. such as the International Transfer policy or the Tax Policy. You should not sign this letter unless you understand it. You should also


  
  

 

			
	Employee Initials /s/ IT	  	Page 4













 
be aware that some listed provisions may be changed from time to time as legal requirements may dictate, new practices may require, or for other reasons at the discretion of the Company. In the
event this should happen, notification will be provided. If questions should arise concerning any provision listed or any subsequent revisions to policies applicable to employees on international transfer, you are urged to consult with your Cisco
Relocation Services Provider, or your Cisco Relocation Advisor. 
 Please acknowledge receipt of this letter and agreement with its terms by signing
this letter and returning a scanned copy to Sara Modena at                     . 

Sincerely yours, 
  

									
	/s/ Chuck Robbins	  	                              
      	  	February 22, 2021	  	                    	  	
					
	Signature	  		  	Date	  		  	
	Chuck Robbins	  		  		  		  	
	Manager	  		  		  		  	

  
  

 

									
	ACKNOWLEDGE AND CONCUR: 	  	/s/ Irving Tan	  	 	 	February 21, 2021	 	
		  	Tiang Yew Irving Tan	  	        ID Number	 	            Date	 	

  
  

  
  

 

			
	Employee Initials /s/ IT	  	Page 5













 



 
 18-Feb-2021 

Tiang Yew Irving Tan 
 300 East Tasman Drive 

SAN JOSE, CALIFORNIA 95134 
 USA 

Relocation Payback Agreement 

I understand and agree that Cisco Systems, Inc. (“Cisco”) may, in its sole discretion, require that I provide acceptable documentation of some
or all of my relocation expenses before reimbursing me for those expenses.
 I further understand and agree that Cisco’s obligation to make any
relocation payment(s) is contingent upon my continued employment with the Company. If I voluntarily terminate my employment within the first 24 months of my relocation, I agree to pay back a prorated portion of all the relocation payments
advanced to me or paid on my behalf by Cisco. 
 In the event that Cisco involuntarily terminates my employment without cause or as result of a
restructuring, no reimbursement is required. However, in the event that my employment is involuntarily terminated during the 24 months of employment in the new Payroll location for Cause as defined below, I agree to repay Cisco for
the relocation costs Cisco advanced to me or paid on my behalf by Cisco in a prorated amount. A termination for “Cause” will mean a termination for any of the following reasons: (i) your continued material failure to
perform your duties to Cisco (other than due to your death or disability after there has been delivered to you a written demand for performance which describes the specific material deficiencies in your performance and the specific manner in which
your performance must be improved, all in accordance with the Cisco performance management plan, and which provides thirty (30) business days from the date of notice, or the amount of time specified in any applicable Cisco performance
management plan, whichever is greater, to remedy such performance deficiencies; (ii) your engaging in an act of willful misconduct that has had or will have a material adverse effect on Cisco’s reputation or business; (iii) your being
convicted of, or a plea of no contest to, a felony; (iv) your committing an act of fraud against, or willful misappropriation of property belonging to, Cisco; or (v) your material breach of the Cisco Code of Business Conduct, Conflict of
Interest Agreement or Proprietary Information and Inventions Agreement. 
 I agree to pay the balance in full to Cisco within thirty
(30) days of my termination date. 
 In the event that the move is cancelled voluntarily by me prior to the completion of the transfer, I agree
to repay Cisco for any funds advanced or benefits paid on my behalf.
 In cases where the move is cancelled by Cisco prior to the completion of
the transfer, Cisco agrees to reimburse me for relocation costs incurred in preparation for the move. I agree in this scenario, to provide receipts as proof of the relocation costs incurred.

 

			
	   /s/ Irving Tan
	  	February 21, 2021
	Signature	  	Date


  
  

 

			
	Employee Initials /s/ IT	  	Page 6