EX-10.1





 Exhibit 10.1 
  





 
 February 4, 2019 

Patrick Brickley 
 Address 

Address 
  

	 	Re:	 Terms of Employment 



Dear Patrick: 
 This letter agreement (this
“Agreement”) will set forth the terms of your “at-will” term employment relationship with Everbridge, Inc., and/or any present or future parent, subsidiary or affiliate thereof
(collectively, the “Company”). This Agreement hereby supersedes any and all previous agreements relating to your employment relationship with the Company. The terms of your position with the Company are as set forth below and will
be effective only upon, and subject to, the signing of this Agreement and any other agreements or documentation required hereunder, by you and the Company as of the Commencement Date referenced below. Your new role shall commence on March 1,
2019 (the “Commencement Date”), unless you and the Company mutually agree on an alternative date. 

1.    Employment. 

(a)    Title and Duties. Subject to the terms and conditions of this Agreement, the Company will employ you, and
you will be employed by the Company, on an “at-will” basis, as Senior Vice President, Chief Financial Officer & Treasurer and such additional or different position or positions as the Board
of Directors of the Company (the “Board”) may determine in its sole discretion, reporting to Jaime Ellertson, Chairman and Chief Executive Officer or his direct designate. You shall do and perform all services, acts or things
necessary or advisable to manage and conduct the business of the Company and which are normally associated with your position and as further described in Schedule 1 attached hereto. 

(b)    Full Time Best Efforts. For so long as you are employed hereunder, you will devote substantially all of your
business time and energies to the business and affairs of the Company, and shall at all times faithfully, industriously and to the best of your ability, experience and talent, perform all of your duties and responsibilities hereunder. In furtherance
of, and not in limitation of the foregoing, during the term of this Agreement, you further agree that you shall not render commercial or professional services of any nature, including as a founder, advisor, or a member of a board of directors, to
any person or organization, whether or not for compensation, if such services would materially interfere with your duties under this Agreement, without the prior approval of the Chief Executive Officer in his sole discretion; provided, however, that
nothing contained in this Section 1 (c) will be deemed to prevent or limit your right to (i) manage your













 
personal investments on your own personal time or (ii) participate in religious, charitable or civic organizations in any capacity on your own personal time. As set forth above, your
employment with the Company is “at-will,” and, accordingly, either you or the Company may terminate your employment at any time, with or without cause, for any reason or no reason. 

(c)    Location. Unless the parties hereto otherwise agree in writing, during the term of this Agreement, you shall
perform the services required to be performed pursuant to this Agreement at the Company’s Burlington, Massachusetts offices. In addition, the Company may, from time to time require you to travel temporarily to other locations in connection with
the Company’s business. 
 2.    Compensation. During the term of your employment with the Company, the
Company will pay you the following compensation: 
 (a)    Salary. As of the Commencement Date, you will be paid
an annual salary of Two Hundred and Ninety Thousand ($290,000.00), as may be increased from time to time as part of the Company’s normal salary review process (the “Salary”). The Salary shall be prorated for any partial year of
employment on the basis of a 365-day year. Your Salary will be subject to standard payroll deductions and withholdings, and payable in accordance with the Company’s standard payroll practice as it exists
from time to time. 
 (b)    Expenses. During the term of your employment, the Company shall reimburse you for
all reasonable and documented expenses incurred by you in the performance of your duties, under this Agreement in accordance with Company policy. 

(c)    Annual Performance Bonus. You will be eligible to earn an annual performance bonus at the conclusion of each
year of employment with the Company (the “Annual Bonus”). The amount, award and timing of the payment of the Annual Bonus shall be set forth in a Company Management Incentive Plan, established each year by the Board, in its discretion. The
Company’s Management Incentive Plan for fiscal year 2019 is set forth on Schedule A attached hereto and for 2019, your target is ninety-thousand dollars ($90,000). Company Management Incentive Plans, if any, for subsequent years, shall be
provided to you by the Chief Executive Officer. 
 (d)    Restricted Stock Units and Performance Stock Units.
Effective January 1, 2019, you will be granted 62,500 Restricted Stock Units (RSUs) and 62,500 Performance Stock Units (PSUs) under the Company’s 2016 Equity Incentive Plan (the “Equity Plan”), in addition to your
current existing equity. Your first eligibility for a new refresh grant will be in 2020. The RSUs will be subject to annual cliff vesting, 33% 12 months after their grant date, another 33% 24 months after their grant date, and the balance of 34% 36
months after their grant date. The PSUs will vest according to the PSU vesting schedule included as Exhibit A to this Offer Letter. In addition, in the event that, within twelve (12) months following a Change in Control (as defined in the
Equity Plan), there is an Involuntary Termination of Service (as defined in the Equity Plan) or you resign for Good Reason (as defined in Section 3(e) below), then any RSUs and PSUs that remain unvested as of such termination date will vest as
of such termination date, subject to the provisions of, and as more fully described in, the applicable PSU or RSU Grant Notice. 

  
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 (e)    Employee Benefits. As an employee of the Company, you will
be eligible to participate in such Company-sponsored benefits and programs as are made generally available to other employees of the Company. This includes paying for your portion of healthcare coverage and same 401(k) match as other Company
employees. You will receive the same cell phone stipend as other Everbridge executives. In addition, you will be entitled to (i) annually accrue vacation and/or sick time in accordance with the Company’s vacation policy as established by
the Board and as in effect from time to time. The Company reserves the right to change or eliminate any benefit plans at any time, upon notice to you. 

3.    Separation Benefits. You shall be entitled to receive separation benefits upon termination of employment only
as set forth in this Section 3; provided, however, that in the event you are entitled to any severance pay under a Company-sponsored severance pay plan, any such severance pay to which you are entitled under such severance pay plan shall
reduce the amount of severance pay to which you are entitled pursuant to this Section 3. In all cases, upon termination of employment you will receive payment for all salary and unused vacation accrued as of the date of your termination of
employment, and your benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law. In furtherance
of, and not in limitation of the foregoing, but without duplication, during the period wherein which you shall be receiving Separation Payments in accordance with the provisions of Section 3(d) hereof (the “Severance Period”),
then the Company shall, at its election, either (i) continue to pay for your health benefits under the Company’s sponsored health care program in which you were enrolled and eligible to receive benefits prior to your termination of
employment, or (ii) pay for your health coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), in each case, for the Severance Period, when such premiums are due and owing. 

(a)    Voluntary Resignation. If you voluntarily elect to terminate your employment with the Company (other than
under the circumstances described in Section 3(c) below), you shall not be entitled to any separation benefits. 

(b)    Termination for Cause. If the Company or its successor terminates your employment for Cause (as defined
below) then you shall not be entitled to receive any separation benefits. 
 (c)    Termination for Death or
Disability. If your employment with the Company is terminated by reason of death or disability, then, as a severance benefit, the Company shall continue to pay one-twelfth (1/12th) of your Salary for a
period of three (3) months, in accordance with the Company’s normal payroll schedule and policy in effect from time to time. For purposes of this section, “Disability” shall mean your inability to perform your duties under
this Agreement because you have become permanently disabled within the meaning of any policy of disability income insurance covering employees of the Company then in force. In the event the Company has no policy of disability income insurance
covering employees of the Company in force when you become disabled, the term “Disability” shall mean your inability to perform your duties under this Agreement by reason of any incapacity, physical or mental, which the Board, based
upon medical 

  
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advice or an opinion provided by a licensed physician acceptable to the Board, determines to have incapacitated you from satisfactorily performing all of your usual services for the Company for a
period of at least ninety (90) days during any twelve (12) month period (whether or not consecutive) and is expected to continue to incapacitate you thereafter, not including any time during which you were on medical leave required by
federal or state law. Based upon such medical advice or opinion, the determination of the Board shall be final and binding and the date such determination is made shall be the date of such Disability for purposes of this Agreement. 

Involuntary Termination. Subject to the provisions of Section 5 hereof, if your employment is terminated by the Company other than for Cause then,
as a severance benefit, the Company shall continue to pay you an amount equal to one-twelfth (1/12th) of your Salary (A) six (6) months, if and to the extent that your employment is terminated within
twelve (12) months following the Commencement Date; or (B) twelve (12) months, if and to the extent that your employment is terminated more than twelve (12) months following the Commencement Date. In addition, if either your
employment is terminated by the Company other than for Cause, or you voluntarily terminate your employment with the Company for Good Reason within twelve (12) months following the Hire Date, 1/3 of your total RSU and PSU grant will vest fully.

 (d)    Definition of “Cause”. For purposes of this Agreement, “Cause” shall mean
any of the following: (i) acts of moral turpitude, fraud or dishonesty that involve the assets of the Company, its customers, suppliers or affiliates; (ii) the conviction of, or a pleading of guilty or nolo contendere to, a felony
other than involving a traffic related infraction; (iii) use of narcotics, liquor or illicit drugs in a manner that has had a detrimental effect on the performance of your duties; (iv) willfully and repeatedly neglecting your duties to the
Company; (v) engaging in any conduct which, after an investigation by a neutral third party, is determined to be discriminatory or harassing toward other Company employees; or (vi) engaging in any conduct which breaches a material
provision of this Agreement or the Inventions Agreement (as defined below). 
 (A)    Cause shall only exist where the
Company has provided you with written notice of the alleged problem or violation of this Agreement or the Inventions Agreement, and you shall have failed to cure such condition to the reasonable satisfaction of the Company within ten
(10) business days. In making any determination that Cause exists, the Board shall act fairly and in good faith and shall give you an opportunity to appear and be heard at a meeting of the Board or any committee thereof and present evidence on
your behalf. For any termination pursuant to (e)(i) or (e)(vi) of Section 3, the Company must have reasonable, specific evidence to establish that such conduct has occurred or “Cause” shall not exist. For the avoidance of doubt, and
notwithstanding anything herein contained to the contrary, in the event that (x) any of the conditions specified in Section (e)(i) through (e)(vi) of Section 3 shall have occurred, and (y) the Company has reasonable evidence to
establish that such conduct has occurred, and (z) the occurrence of any such event shall not be capable of cure, then the Company shall not be required to provide you any notice and a cure period in respect thereof. 

4.    Mitigation. You shall not be required to mitigate the amount of any payment or benefits provided for in this
Agreement by seeking other employment or otherwise. Further, the amount of any payment or benefits provided for in this Agreement shall not be reduced by any compensation earned by you as a result of employment by another employer, by retirement
benefits, by offset against any amount claimed to be owed by you to the Company or otherwise. 

  
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 5.    Conditions to Receipt of Severance or other Benefits Pursuant
to this Agreement. 
 (a)    Release of Claims Agreement. Notwithstanding anything herein contained to the
contrary, the receipt of any severance or other benefits pursuant to Section 3(d) of this Agreement (the “Separation Payments”) is subject to your signing and not revoking a separation agreement and release of claims, based on
the Company’s standard form release, of any and all claims you may have against the Company and its officers, employees, directors, parents and affiliates, in substantially the form attached hereto on Exhibit A (the
“Release”), which must become effective and irrevocable no later than the sixtieth (60th) day following the termination of employment (the “Release Deadline”). If the Release does not become effective and
irrevocable by the Release Deadline, you will forfeit any rights to Separation Payments or benefits under this Agreement. No Separation Payments and benefits under this Agreement will be paid or provided until the Release becomes effective and
irrevocable, and any such Separation Payments and benefits otherwise payable between the date of your termination of employment and the date the Release becomes effective and irrevocable will be paid on the date the Release becomes effective and
irrevocable. 
 (b)    Continued Compliance with Agreements. Your receipt of any Separation Payments or other
benefits pursuant to this Agreement will be subject to, and contingent upon, your not being in breach of this Agreement and / or the Inventions Agreement as of the date of your termination, and your continued compliance following the date of your
termination with the terms of this Agreement, the Inventions Agreement and the Release, notwithstanding anything herein contained to the contrary. 

6.    Confidential and Proprietary Information. 

(a)    Confidential Information and Inventions Agreement. As a condition to the execution and effectiveness of this
Agreement, you agree to abide by, the Company’s Confidential Information and Inventions Agreement which you previously executed (the “Inventions Agreement”). In furtherance, and not in limitation of the provisions thereof, you
agree, during the term hereof and thereafter, that you shall take all steps reasonably necessary to hold the Company’s proprietary information in trust and confidence, will not use proprietary information in any manner or for any purpose except
in connection with the performance of your services to the Company, and will not (other than in the performance of the services to the Company as herein contemplated) disclose any such proprietary information to any third party without first
obtaining the Company’s express written consent on a case-by-case basis. 

(b)    Third Party Information. You understand that the Company has received, and will in the future receive, from
third parties confidential or proprietary information (“Third Party Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and use it only for certain limited purposes. You
agree to hold Third Party Information in confidence and not to disclose to anyone (other than the Company’s personnel who need to know such information in connection with their work for the Company) or to use, except in connection with the
performance of your services to the Company, Third Party Information unless expressly authorized in writing by an officer of the Company. 

  
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 (c)    Whistleblower Exception. Notwithstanding any provision of
this Agreement to the contrary, including but not limited to this Section 6, you may report possible violations of federal law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the
Securities and Exchange Commission, and any agency Inspector General, or make other disclosures that are protected under the whistleblower provisions of federal law or regulation. You do not need the prior authorization from the Company to make any
such reports or disclosures and you are not required to notify the Company that you have made such reports or disclosures. 

7.    Covenant Not to Compete. During the longer of (a) a period of two years beginning on the Commencement
Date, or (b) the duration of your employment with the Company plus two years following the termination thereof, you shall not, directly or indirectly (whether as an employer, operator, agent, independent contractor, consultant, owner, director,
officer, shareholder, investor, partner (general or limited), joint venturer or any other relationship or relationships similar to any of the foregoing), anywhere in the world, except as specifically provided in this Section 7 below: 

(a)    Restriction on Competitive Activities. Engage in any activities, perform any services or conduct, have an
interest in or participate in any businesses that are competitive with any part of the business of the Company as currently conducted or as currently contemplated to be conducted (the “Business”), including without limitation, develop,
create, license, sell, distribute or otherwise commercially exploit any product, service or methodology that has the same principal function or features as the Company’s proprietary software products and related services that constitute the
Business. 
 (b)    No Solicitation of Customers. Solicit or divert away or attempt to solicit or divert away any
customer of the Company in an effort to provide products or services to such customer which are competitive with the Business. 

(c)    Restrictions on Relationships Involving Competitive Activities. Be engaged by, employed by, consult with,
own any capital stock of, or have any financial interest of any kind in, any individual, person or entity, which conducts a business that is competitive with any part of the Business. Notwithstanding the preceding sentence, you may own, for
investment purposes only, up to 1% in the aggregate of the outstanding stock or other equity interest of any entity that is competitive with the Business. 

  
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 8.    Covenant Not to Solicit. During the longer of (a) a
period of one year beginning on the Commencement Date, or (b) the duration of your employment with the Company plus one year following the termination thereof, you shall not, directly or indirectly (whether as an employer, operator, agent,
independent contractor, consultant, owner, director, officer, shareholder, investor, partner (general or limited), joint venturer or any other relationship or relationships similar to any of the foregoing), anywhere in the world, except as
specifically provided in this Section 8 below: 
 (a)    Restrictions on Relationships Involving
Solicitation. Cause, induce, solicit, recruit, hire or encourage or attempt to cause, induce, solicit, recruit, hire or encourage any person or entity that prior to the date hereof was an employee, subcontractor, contractor, agent, distributor,
licensee, licensor or supplier of the Company to terminate, or otherwise change in any manner adverse to the Company or any of its affiliates, its relationship with the Company, or, hire or attempt to hire any person employed by the Company or any
of its affiliates, provided that you may hire such employee if such employee’s employment with the Company or any of its affiliates has been terminated involuntarily prior to date of hire by you. 

9.    Arbitration. 

(a)    Agreement to Arbitrate. Except as provided for any action arising out of any violation of the Inventions
Agreement or as set forth in clause (b) below addressing excluded claims and remedies, you and the Company both agree that any disputes of any kind whatsoever arising out of or relating to the termination of your employment with the Company,
including any breach of this Agreement, shall be subject to final and binding arbitration. 
 (b)    Excluded Claims,
Relief and Enforcement. You understand that this Agreement does not prohibit you from pursuing an administrative claim with a local, state, or federal administrative body such as the Department of Fair Employment and Housing, the Equal
Employment Opportunity Commission, the National Labor Relations Board, or the Workers’ Compensation Board, or the Department of Unemployment Assistance for unemployment benefits. This Agreement does not preclude the Company from pursuing court
action regarding any claims arising out of any breach of the Inventions Agreement or other claims not otherwise resulting from, or arising out of, the termination of your employment with the Company. Nothing in this Agreement prohibits either party
from seeking injunctive or declaratory relief from a court of competent jurisdiction. Either the Company or you may bring an action in court to compel arbitration under this Agreement and to enforce an arbitration award. Otherwise, with the
exception of claims set forth in this clause or arising out of the Inventions Agreement, neither party shall initiate or prosecute any lawsuit or claim in anyway related to any arbitrable claim, including without limitation any claims as to the
making, existence, validity, or enforceability of the agreement to arbitrate. 
 (c)    Procedure. You agree that
any arbitration will be administered by Judicial Arbitration & Mediation Services, Inc. (“JAMS”), pursuant to its employment arbitration rules and procedures (the “JAMS Rules”), which are available at
www.jamsadr.com/rules-employment-arbitration. A neutral and impartial arbitrator shall have the power to decide any motions brought by any party to the arbitration, including motions for summary judgment and/or adjudication, motions to dismiss and
demurrers, and motions related to discovery, prior to any arbitration hearing. You also agree that the arbitrator shall have the power to award any remedies available under applicable law. In the event that either party to this Agreement rejects a
written offer to compromise from the other party, and fails to obtain a more favorable judgment or award, the arbitrator may award attorneys’ fees and costs to the party that made the offer to compromise in an amount that the arbitrator deems
appropriate, taking into consideration the attorneys’ fees and costs (including expert fees) actually incurred and reasonably necessary to defend or prosecute the action. The arbitrator will not have the authority to disregard or refuse to
enforce any lawful Company policy, and the arbitrator shall not 

  
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order or require the Company to adopt a policy not otherwise required by law. You understand that the Company will pay the costs and fees of the arbitration that you initiate, but only those fees
over and above the costs you would have incurred had you filed a complaint in a court of law. You agree that the arbitrator shall prepare a written decision containing the essential findings and conclusions on which the award is based. You agree
that any arbitration under this Agreement shall be conducted in Lansing, Michigan. 
 (d)    Exclusive and Final
Remedy. Except as provided by the JAMS Rules and this Agreement, arbitration shall be the sole, exclusive and final remedy for any dispute between you and the Company. Accordingly, except as provided for by the JAMS Rules and this Agreement,
neither you nor the Company will be permitted to pursue court action regarding claims that are subject to arbitration. Nothing in this Agreement or in this provision is intended to waive the provisional relief remedies available under the JAMS
Rules. 
 (e)    Prohibition of Group Actions. Claims must be brought in your individual capacity, not as a
representative or class member in any purported class or representative proceeding. The arbitrator shall not consolidate claims of different employees into one proceeding, nor shall the arbitrator have the power to hear arbitration as a class
action. 
 (f)    Voluntary Nature of Agreement. You acknowledge and agree that you are executing this Agreement
voluntarily and without any duress or undue influence by the Company or anyone else. You further acknowledge and agree that you have carefully read this Agreement and have asked any questions needed for you to understand the terms, consequences, and
binding effect of this Agreement and fully understand it, including that you are waiving your right to a jury trial. Finally, you acknowledge that you have been advised by the Company to seek the advice of an attorney of your choice
before signing this Agreement and you agree that you have been provided such an opportunity. 
 10.    General.

 (a)    Entire Agreement, Amendment and Waiver. This Agreement, together with the other agreements specifically
referred to herein, embodies the entire agreement and understanding between the parties hereto with respect to the subject matter hereof and supersedes all prior oral or written agreements and understandings relating to the subject matter hereof,
including but not limited to the offer letter between you and the Company dated May 30, 2012. The terms and provisions of this Agreement may be modified or amended only y written agreement executed by the parties hereto. The terms and
provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by written document executed by the party entitled to the benefits of such terms or provisions. Each such waiver or consent will be effective only in
the specific instance and for the purpose for which it was given, and will not constitute a continuing waiver or consent. 

(b)    Notices. Any notice, request, instruction or other document required or permitted hereunder shall be in
writing and shall be deemed effectively given: (a) upon personal delivery to the party to be notified; (b) three (3) days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (c) one
(1) business day after deposit with a 

  
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nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent to the party to be notified at the following address
of such party or at such other address as such party may designate by ten (10) days advance written notice to the other parties hereto in accordance with the provisions hereof: 

 

	 	If to the Company:	 Everbridge, Inc. 



	 	    	 25 Corporate Drive 



	 	    	 Burlington, MA 01803 



	 	    	 Attention: Chief Executive Officer 



 

	 	with a copy to:	 Everbridge, Inc. 



	 	    	 25 Corporate Drive 



	 	    	 Burlington, MA 01803 



	 	    	 Attention: General Counsel 



 

	 	If to you:	 Patrick Brickley 



	 	    	 Address 



	 	    	 Address 



(c)    Availability of Injunctive Relief. The parties hereto agree that, notwithstanding anything to the contrary
herein contained, any party may petition a court for injunctive relief where either party alleges or claims a violation of this Agreement or the Inventions Agreement or any other agreement regarding trade secrets, confidential information,
noncompetition, non-solicitation or assignment of inventions. In the event either party seeks injunctive relief, the prevailing party shall be entitled to recover reasonable costs and attorney’s fees.

 (d)    Assignment. The Company may assign its rights and obligations hereunder to any person or entity that
succeeds to all or substantially all of the Company’s business or that aspect of the Company’s business in which you are principally involved. You may not assign your rights and obligations under this Agreement without the prior written
consent of the Company. 
 (e)    Governing Law. This Agreement, and the rights and obligations of the parties
hereunder, will be construed in accordance with and governed by the law of the State of Michigan, without giving effect to the conflict of law principles thereof. 

(f)    Taxes. All payments to you under this Agreement shall be subject to all applicable federal, state and local
withholding, payroll and other taxes. 
 (g)    Severability. The finding by an arbitrator or a court of
competent jurisdiction of the unenforceability, invalidity or illegality of any provision of this Agreement shall not render any other provision of this Agreement unenforceable, invalid or illegal. Such arbitrator or court shall have the authority
to modify or replace the invalid or unenforceable term or provision with a valid and enforceable term or provision which most accurately represents the parties’ intention with respect to the invalid or unenforceable term or provision. If
moreover, any one or more of the provisions contained in this Agreement will for any reason be held to be excessively broad as to duration, geographic scope, activity or subject, it will be construed by limiting and reducing it, so as to be
enforceable to the extent compatible with the applicable law as it will then appear. 

  
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 (h)    Interpretation; Construction. The headings set forth in
this Agreement are for convenience of reference only and shall not be used in interpreting this Agreement. This Agreement has been drafted by legal counsel to the Company, but you have been encouraged to consult with, and have consulted with, your
own independent counsel and tax advisors with respect to the terms of this Agreement. The parties acknowledge that each party and its counsel has reviewed and revised, or had an opportunity to review and revise, this Agreement, and the normal rule
of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement. 

(i)    Return of Company Property. Upon termination of this Agreement or earlier as requested by the Company, you
shall deliver to the Company any and all equipment, and, at the election of the Company, either deliver or destroy, and certify thereto, any and all drawings, notes, memoranda, specifications, devices, formulas and documents, together with all
copies, extracts and summaries thereof, and any other material containing or disclosing any Third Party Information or Proprietary Information (as defined in the Inventions Agreement) of the Company. 

(j)    Survival. The provisions of Sections 3, 5, 6, 7, 8 and 9, and the provisions of the Inventions Agreement,
shall survive termination of this Agreement. 
 (k)    Representations and Warranties. By signing this Agreement,
you represent and warrant that (i) you are not restricted or prohibited, contractually or otherwise, from entering into and performing each of the terms and covenants contained in this Agreement, and (ii) your execution and performance of
this Agreement shall not violate or breach any other agreements between you and any other person or entity, and (iii) you have provided the Company with copies of any written agreements presently in effect between you and any current or former
employer. You further represent and warrant that you will not, during the term hereof, enter into any oral or written agreement in conflict with any of the provisions of this Agreement, the agreements referenced herein and the Company’s
policies. 
 (l)    Confirmation of Employment Status. Prior to your first day of employment with the Company,
and as a condition to such employment, you shall provide the Company with documentation of your eligibility to work in the United States, as required by the Immigration and Reform and Control Act of 1986. 

(m)    Trade Secrets of Others. It is the understanding of both the Company and you that you shall not divulge to
the Company and/or its subsidiaries any confidential information or trade secrets belonging to others, including your former employers, nor shall the Company seek to elicit from you any such information. Consistent with the foregoing, you shall not
provide to the Company and/or its affiliates, and the Company and/or its affiliates shall not request, any documents or copies of documents containing such information. 

  
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 (n)    Telecopy Execution and Delivery. A facsimile, telecopy or
other reproduction of this Agreement may be executed by one or more parties hereto and delivered by such party by facsimile or any similar electronic transmission device pursuant to which the signature of or on behalf of such party can be seen. Such
execution and delivery shall be considered valid, binding and effective for all purposes. At the request of any party hereto, all parties hereto agree to execute and deliver an original of this Agreement as well as any facsimile, telecopy or other
reproduction hereof. 
 (o)    Counterparts. This Agreement may be executed in two counterparts, each of which
shall be deemed an original, all of which together shall constitute one and the same instrument. 

  
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 EVERBRIDGE, INC. 

Executive Employment Agreement — Counterpart Signature Page 

If the foregoing accurately sets forth our agreement, please so indicate by signing and returning to us the enclosed copy of
this letter. 
  

			
	Very truly yours,
	
	EVERBRIDGE, INC.
		
	By:	 	/s/ Jaime Ellertson
		
	Name:	 	Jaime Ellertson
		
	Title:	 	Chairman and CEO
		
	Date:	 	March 1, 2019


  

	
	ACCEPTED AND AGREED TO BY:
	
	/s/ Patrick Brickley
	Patrick Brickley


  
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 Schedule 1 

Duties and Responsibilities 

Defined terms used in this Schedule 1 not otherwise herein defined shall have the meanings ascribed to them in the letter agreement to
which this Schedule 1 is attached. 
 The Chief Financial Officer (CFO) is a key member of the senior management team and central to
all operational, strategic, and reporting issues. He partners with the Chief Executive Officer (CEO) and executive team to provide strategic leadership for the company’s long-term strategy. The CFO oversees and manages all aspects of the
company’s finance-related activities including corporate finance, FP&A, treasury, credit, cash management, tax, risk management, financial and managerial accounting, control, budgeting and forecasting, and financial reporting. He serves as
a strategic visionary in leading and developing financial strategies based on sound technical skills, analytical ability, good judgment, and strong operational capabilities that will positively influence the operating results of the business. 

Essential Functions: 
  

	 	1.	 Serve as both a financial and business advisor to the CEO, the board, and other members of the executive
leadership team. 


  

	 	2.	 Build and manage a high performing finance function equipped with best practice processes, analytics, and tools
that can scale in a high-growth environment. 


  

	 	3.	 Provide daily direction and high quality, hands-on leadership to
achieve business results and identify and attack key issues and opportunities. 


  

	 	4.	 Provide insight-driven FP&A capability and advice to help the CEO and COO to make informed decisions,
supporting growth and preventing strategic or operational missteps and partner with the CEO and other senior executives to bring a financial lens and forward-thinking perspective to key strategic and operational decisions. 



 

	 	5.	 Contribute needed process management expertise and excellence to instill process disciplines and tools that can
be applied across the company. 


  

	 	6.	 Support a culture defined by high performance, accountability, collaboration, trust, and a focus on core
metrics. 


  

	 	7.	 Lead and direct all financial business planning including strategic plans, annual operating plans, business
analyses, forecasting and reporting, and balance sheet management. 


  

	 	8.	 Lead and manage, through functional direct reports, the company’s treasury and tax functions including
financings and cash management activities and ensure the company is structured and managed in a tax efficient manner. 


  

	 	9.	 Lead and drive the value creation initiatives within the company. 



 

	 	10.	 Provide mentorship, guidance, and transparency to members of the finance function as well as direct reports.



 The SVP, CFO & Treasurer will be a key member of the Senior Management Team and will report to the Chief Executive Officer.













 Exhibit A 

Vesting Schedule 
 At the end of the
fiscal quarter ended immediately after the second anniversary of the Grant Date (the “First Measurement Date”), up to sixty-two and one-half
percent (62.5%) of the Shares subject to this Award will become eligible to vest based on the compound annual growth rate (the “CAGR”) achieved during the eight fiscal quarters preceding the most recent fiscal quarter. At the
end of the fiscal quarter ended immediately after the third anniversary of the Grant Date (the “Second Measurement Date”), up to an additional sixty-two and one-half percent (62.5%) of the Shares subject to this Award will become eligible to vest based on the CAGR achieved during the twelve fiscal quarters preceding the most recent fiscal quarter. In each case, the CAGR
shall be determined based on the Company’s consolidated revenue during each such quarter, as reported in the Company’s consolidated financial statements. Any such vesting will take place on the date that the Company files its Form 10-Q or Form 10-K for the applicable Measurement Date. The number of shares vested as of either measurement date shall be determined with reference to the following table:

  

					
	 REVENUE
GROWTH
	    	 PSU VESTING
	    	 LINEAR INTERPOLATION VESTING

			
	 <20%
	    	0%	    	No linear interpolation vesting
			
	 20% to 25%
	    	5% to 12.5%	    	1.5% increased vesting for every 1% above 20%
			
	 25% to 30%
	    	12.5% to 25%	    	2.5% increased vesting for every 1% above 25%
			
	 30% to 35%
	    	25% to 50%	    	5% increased vesting for every 1% above 30%
			
	 40%
	    	62.5%	    	Cliff vesting of added 12.5% of PSUs (no linear vesting)

 For the avoidance of doubt, only up to 62.5% of the Shares may vest on either the First Measurement Date or the Second
Measurement Date. The PSUs shall expire with respect to any Shares not vested as of the Second Measurement Date. 












 Exhibit B 

Form of Release Agreement 
 This Release
Agreement (“Release” or “Agreement”) is made by and between
                                        
(“you”) and Everbridge, Inc. (the “Company”). A copy of this Release is an attachment to the Employment Agreement between the Company and you dated
                                 , 20    
(the “Employment Agreement”). Capitalized terms not defined in this Agreement carry the definition found in the Employment Agreement. 

1.    Separation Payments. In consideration for your execution, return and
non-revocation of this Release on or after the date your employment is terminated (the “Separation Date”), the Company will provide you with the Separation Payments described in
Section 3(d) of the Employment Agreement: 
 2.    Compliance with Section 409A.
The Separation Payments offered to you by the Company are payable in reliance on Treasury Regulation Section 1.409A-1(b)(9) and the short term deferral exemption in Treasury Regulation Section 1.409A-1(b)(4). For purposes of Code Section 409A, your right to receive any installment payments (whether pay in lieu of notice, Separation Payments, reimbursements or otherwise) shall be treated
as a right to receive a series of separate payments and, accordingly, each installment payment shall at all times be considered a separate and distinct payment. All payments and benefits are subject to applicable withholdings and deductions. 

3.    Release. In exchange for the Separation Payments and other consideration, to which you would not
otherwise be entitled, and except as otherwise set forth in this Agreement, you, on behalf of yourself and, to the extent permitted by law, on behalf of your spouse, heirs, executors, administrators, assigns, insurers, attorneys and other persons or
entities, acting or purporting to act on your behalf (collectively, the “Employee Parties”), hereby generally and completely release, acquit and forever discharge the Company, its parents and subsidiaries, and its and their
officers, directors, managers, partners, agents, representatives, employees, attorneys, shareholders, predecessors, successors, assigns, insurers and affiliates (the “Company Parties”) of and from any and all claims,
liabilities, demands, contentions, actions, causes of action, suits, costs, expenses, attorneys’ fees, damages, indemnities, debts, judgments, levies, executions and obligations of every kind and nature, in law, equity, or otherwise, both known
and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way related to agreements, events, acts or conduct at any time prior to and including the execution date of this Agreement, including but not limited to: all
such claims and demands directly or indirectly arising out of or in any way connected with your employment with the Company or the termination of that employment; claims or demands related to salary, bonuses, commissions, stock, stock options, or
any other ownership interests in the Company, vacation pay, fringe benefits, expense reimbursements, severance pay, or any other form of compensation; claims pursuant to any federal, state or local law, statute, or cause of action; tort law; or
contract law (individually a “Claim” and collectively “Claims”). The Claims you are releasing and waiving in this Agreement include, but are not limited to, any and all Claims that any of the Company
Parties: 
  

	 	•	 	 has violated its personnel policies, handbooks, contracts of employment, or covenants of good faith and fair
dealing; 


  

	 	•	 	 has discriminated against you on the basis of age, race, color, sex (including sexual harassment), national
origin, ancestry, disability, religion, sexual orientation, marital status, parental status, source of income, entitlement to benefits, any union activities or other protected category in violation of any local, state or federal law, constitution,
ordinance, or regulation, including but not limited to: the Age Discrimination in Employment Act, as amended (“ADEA”); Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; 42 U.S.C.
§ 1981, as amended; the Equal Pay Act; the Americans With Disabilities Act; the Genetic Information Nondiscrimination Act; the Family and Medical Leave Act; the Elliott-Larsen Civil Rights Act, the Michigan Persons With Disabilities Civil
Rights Act; the Employee Retirement Income Security Act; the Employee Polygraph Protection Act; the Worker Adjustment and Retraining Notification Act; the Older Workers Benefit Protection Act; the anti-retaliation provisions of the Sarbanes-Oxley
Act, or any other federal or state law regarding whistleblower retaliation; the Lilly Ledbetter Fair Pay Act; the Uniformed Services Employment and Reemployment Rights Act; the Fair Credit Reporting Act; and the National Labor Relations Act; and
















	 	•	 	 has violated any statute, public policy or common law (including, but not limited to, Claims for retaliatory
discharge; negligent hiring, retention or supervision; defamation; intentional or negligent infliction of emotional distress and/or mental anguish; intentional interference with contract; negligence; detrimental reliance; loss of consortium to you
or any member of your family and/or promissory estoppel). 


 Notwithstanding the foregoing, other than events expressly contemplated by
this Agreement you do not waive or release rights or Claims that may arise from events that occur after the date this Release is executed. Also excluded from this Agreement are any Claims which cannot be waived by law, including, without limitation,
any rights you may have under applicable workers’ compensation laws. Nothing in this Agreement shall prevent you from filing, cooperating with, or participating in any proceeding or investigation before the Equal Employment Opportunity
Commission, United States Department of Labor, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal government agency, or similar state or local agency
(“Government Agencies”), or exercising any rights pursuant to Section 7 of the National Labor Relations Act. You further understand this Agreement does not limit your ability to voluntarily communicate with any
Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. While this Agreement does not limit
your right to receive an award for information provided to the Securities and Exchange Commission, you understand and agree that, you are otherwise waiving, to the fullest extent permitted by law, any and all rights you may have to individual relief
based on any Claims that you have released and any rights you have waived by signing this Agreement. If any Claim is not subject to release, to the extent permitted by law, you waive any right or ability to be a class or collective action
representative or to otherwise participate in any putative or certified class, collective or multi-party action or proceeding based on such a Claim in which any of the Company Parties is a party. This Agreement does not abrogate your existing rights
under any Company benefit plan or any plan or agreement related to equity ownership in the Company; however, it does waive, release and forever discharge Claims existing as of the date you execute this Agreement pursuant to any such plan or
agreement. 
 4.    Your Acknowledgments and Affirmations. You also acknowledge and agree that
(i) the consideration given to you in exchange for the waiver and release in this Agreement is in addition to anything of value to which you were already entitled, and (ii) that you have been paid for all time worked, have received all the
leave, leaves of absence and leave benefits and protections for which you are eligible, and have not suffered any on-the-job injury for which you have not already filed
a Claim. You affirm that all of the decisions of the Company Parties regarding your pay and benefits through the date of your execution of this Agreement were not discriminatory based on age, disability, race, color, sex, religion, national origin
or any other classification protected by law. You affirm that you have not filed or caused to be filed, and are not presently a party to, a Claim against any of the Company Parties. You further affirm that you have no known workplace injuries or
occupational diseases. You acknowledge and affirm that you have not been retaliated against for reporting any allegation of corporate fraud or other wrongdoing by any of the Company Parties, or for exercising any rights protected by law, including
any rights protected by the Fair Labor Standards Act, the Family Medical Leave Act or any related statute or local leave or disability accommodation laws, or any applicable state workers’ compensation law. 

In addition, you acknowledge that you are knowingly and voluntarily waiving and releasing any rights you may have under the ADEA (“ADEA
Waiver”). You also acknowledge that the consideration given for the ADEA Waiver is in addition to anything of value to which you were already entitled. You further acknowledge that you have been advised by this writing, as required
by the ADEA, that: (a) your release and waiver herein does not apply to any rights or claims that arise after the date you sign this Agreement; (b) you should consult with an attorney prior to signing this
Agreement; (c) you have twenty-one (21) days to consider this Agreement (although you may choose to voluntarily sign it sooner); (d) you have seven
(7) days following the date you sign this Agreement to revoke it (by sending written revocation directly to the Company’s [title]); and (e) the Agreement will not be effective until the
date upon which the revocation period has expired unexercised, which will be the eighth day after you sign this Agreement. 












 5.    Return of Company Property. By the Separation Date, you
agree to return to the Company all Company documents (and all copies thereof) and other Company property that you have had in your possession at any time, including, but not limited to, Company files, notes, drawings, records, business plans and
forecasts, financial information, specifications, computer-recorded information, tangible property (including, but not limited to, computers), credit cards, entry cards, identification badges and keys; and, any materials of any kind that contain or
embody any proprietary or confidential information of the Company (and all reproductions thereof). Please coordinate return of Company property with [name/title]. Receipt of the Separation Payments described in Section 1 of this Agreement is
expressly conditioned upon return of all Company property. 
 6.    Confidential Information, Non-Competition and Non-Solicitation Obligations. Both during and after your employment you acknowledge your continuing obligations under your Confidential Information and
Inventions Agreement not to use or disclose any confidential or proprietary information of the Company and comply with your post-employment non-competition and
non-solicitation restrictions. The Company acknowledges that you will not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that: (A) is
made (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a
complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. In addition, in the event that you file a lawsuit for retaliation by the Company for reporting a suspected violation of law, you may disclose the
trade secret to your attorney and use the trade secret information in the court proceeding, if you: (A) file any document containing the trade secret under seal; and (B) do not disclose the trade secret, except pursuant to court order.

 7.    Confidentiality. The provisions of this Agreement will be held in strictest confidence by you and
will not be publicized or disclosed in any manner whatsoever; provided, however, that: (a) you may disclose this Agreement to your immediate family; (b) you may disclose this Agreement in confidence to your attorney, accountant, auditor,
tax preparer, and financial advisor; and (c) you may disclose this Agreement insofar as such disclosure may be required by law. Notwithstanding the foregoing, nothing in this Agreement shall limit your right to discuss your employment with the
Equal Employment Opportunity Commission, United States Department of Labor, the National Labor Relations Board, other federal government agency or similar state or local agency or to discuss the terms and conditions of your employment with others to
the extent expressly permitted by Section 7 of the National Labor Relations Act. 
 8.    Non-Disparagement. You agree not to disparage the Company, and the Company’s attorneys, directors, managers, partners, employees, agents and affiliates, in any manner likely to be harmful to them or their
business, business reputation or personal reputation; provided that you will respond accurately and fully to any question, inquiry or request for information when required by legal process. Notwithstanding the foregoing, nothing in this Agreement
shall limit your right to voluntarily communicate with the Equal Employment Opportunity Commission, United States Department of Labor, the National Labor Relations Board, other federal government agency or similar state or local agency or to discuss
the terms and conditions of your employment with others to the extent expressly permitted by Section 7 of the National Labor Relations Act. 

9.    No Admission. This Agreement does not constitute an admission by the Company of any wrongful action or
violation of any federal, state, or local statute, or common law rights, including those relating to the provisions of any law or statute concerning employment actions, or of any other possible or claimed violation of law or rights. 

10.    Breach. You agree that upon any breach of this Agreement you will forfeit all amounts paid or owing
to you under this Agreement. Further, you acknowledge that it may be impossible to assess the damages caused by your violation of the terms of Sections 5, 6, 7 and 8 of this Agreement and further agree that any threatened or actual violation or
breach of those Sections of this Agreement will constitute immediate and irreparable injury to the Company. You therefore agree that any such breach of this Agreement is a material breach of this Agreement, and, in addition to any and all other
damages and remedies available to the Company upon your breach of this Agreement, the Company shall be entitled to an injunction to prevent you from violating or breaching this Agreement. You agree that if the Company is successful in whole or part
in any legal or equitable action against you under this Agreement, you agree to pay all of the costs, including reasonable attorneys’ fees, incurred by the Company in enforcing the terms of this Agreement. 












 11.    Miscellaneous. This Agreement constitutes the
complete, final and exclusive embodiment of the entire agreement between you and the Company with regard to this subject matter. It is entered into without reliance on any promise or representation, written or oral, other than those expressly
contained herein, and it supersedes any other such promises, warranties or representations. This Agreement may not be modified or amended except in a writing signed by both you and a duly authorized officer of the Company. This Agreement will bind
the heirs, personal representatives, successors and assigns of both you and the Company, and inure to the benefit of both you and the Company, their heirs, successors and assigns. If any provision of this Agreement is determined to be invalid or
unenforceable, in whole or in part, this determination will not affect any other provision of this Agreement and the provision in question will be modified by the court so as to be rendered enforceable. This Agreement will be deemed to have been
entered into and will be construed and enforced in accordance with the laws of the State of Michigan as applied to contracts made and to be performed entirely within Michigan. 

 

			
	EVERBRIDGE, INC.
		
	By:	 	 
		
		 	[insert]
	
	 
		
		 	[insert]