Document:

exh_10-1.htm

EXHIBIT 10.1

SEPARATION AGREEMENT AND RELEASE

This Separation Agreement and Release (“Agreement”) is made by and between Simon Moss (“Executive”) and Avistar Communications Corporation (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

RECITALS

WHEREAS, Executive was employed by the Company as its Chief Executive Officer;

WHEREAS, Executive signed an Employment Agreement with the Company on June 25, 2007 with an effective date of July 16, 2007 (the “Employment Agreement”);

WHEREAS, Executive signed an Invention and Non-Disclosure Agreement with the Company on June 25, 2007 (the “Confidentiality Agreement”);

 

WHEREAS, the Company granted Executive the following: 283,684 shares subject to an incentive stock option on July 19, 2007 (the  “July 2007 ISO”); 816,316 shares subject to a nonstatutory stock option on July 19, 2007 (the “July 2007 NSO”); 250,000 shares subject to a nonstatutory stock option on December
5, 2007 (the “December 2007 NSO”); 58,138 shares subject to a nonstatutory stock option on April 16, 2008 (the “April 2008 NSO”); 37,502 shares subject to an incentive stock option on April 15, 2009 (the “April 2009 ISO”), and 62,498 shares subject to a nonstatutory stock option on April 15, 2009 (the “April 2008 NSO”), all subject to the terms and conditions of the Company’s 2000 Stock Option Plan and individual Stock Option Agreements evidencing each grant
(collectively the “Stock Agreements”);

WHEREAS, effective July 8, 2009 (the “Separation Date”), Executive resigned voluntarily his position as the Company’s Chief Executive Officer, his position as a member of the Board of Directors, and from all positions Executive held with the Company and any of its subsidiaries; and

WHEREAS, the Parties wish to resolve any and all disputes, claims, complaints, grievances, charges, actions, petitions, and demands that the Executive may have against the Company and any of the Releasees as defined below, including, but not limited to, any and all claims arising out of or in any way related to Executive’s employment
with or separation from the Company;

NOW, THEREFORE, in consideration of the mutual promises made herein, the Company and Executive hereby agree as follows:

COVENANTS

1. Resignation.  Executive acknowledges that, effective July 8, 2009, he resigned voluntarily from all positions he held with the Company and any of its subsidiaries,
including his positions as the Company’s Chief Executive Officer and as a member of its Board of Directors. Executive agrees to execute any necessary forms or other documents and to take any actions required to effect such resignations as a matter of state or federal law.

 

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2. Consideration.

a. Payment.  The Company agrees to pay Executive a total of Two Hundred Seventy Thousand Dollars ($270,000.00), at the rate of Twenty-Two Thousand Five Hundred
Dollars ($22,500.00) per month, less applicable withholding, for twelve (12) months from the first regular payroll date following the expiration of the Consulting Period, as defined herein, in accordance with the Company’s regular payroll practices.

b. Life and Health Insurance.  The Company shall reimburse Executive for the payments Executive makes for COBRA coverage for a period of thirteen (13) months,
provided Executive timely elects and pays for continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), within the time period prescribed pursuant to COBRA.  COBRA reimbursements shall be made by the Company to Executive consistent with the Company’s normal expense reimbursement policy, provided that Executive submits documentation to the Company substantiating his payments for COBRA coverage.  In addition, the Company
shall reimburse Executive for payments Executive makes for a $50,000 life insurance policy, up to a maximum of $100.00 per month, for a period of twelve (12) months following the Separation Date, provided Executive obtains and pays for such coverage and submits documentation to the Company substantiating such payments.

c. Bonus.  The Company further agrees to pay Executive a bonus in the amount of Sixty Thousand Dollars ($60,000.00), less applicable withholding, in full consideration
of any bonus Executive would otherwise have been eligible for, including, without limitation, any bonus provided by the Employment Agreement.  Executive acknowledges that, with the exception of this payment, he will not be entitled to receive any other bonus amounts.  The bonus payment provided hereunder will be made to Executive within ten (10) business days after the Effective Date of this Agreement.

d. Extension of Exercise Period.  Notwithstanding anything to the contrary set forth in the applicable Stock Agreements, Executive and the Company agree that,
with respect to all shares subject to options under the Stock Agreements that are vested as of the Separation Date, Executive shall be entitled to exercise said shares for a period of twelve (12) months following the Separation Date.  Except as modified herein, all other terms of the Stock Option Agreements and the Company’s 2000 Stock Plan shall continue to govern the exercise and vesting of Executive’s options under the Stock Option Agreements to purchase shares of the Company’s
common stock.

e. Transitional Services.

i.           Consulting Services.  For one (1) month following the Effective Date of this Agreement (the “Consulting Period”), Executive will make himself reasonably available to serve as a Consultant
to the Company.  During the Consulting Period, Executive agrees to assist in the orderly transition of his employment, including the transition of client relationships, and otherwise assist the Company as requested by the Chairman of the Board or other designated officer or board member.  The consulting services shall include, but not be limited to, Executive’s introduction (in person or by telephone as reasonably requested by the Company) of the Company’s CEO or Board members
to clients, industry analysts, significant investors, technology partners, or distributors.  As consideration for the consulting services Executive has agreed to provide pursuant to this Agreement, the Company agrees to pay Executive a lump sum equivalent to one (1) month of Executive’s base salary, for a total of Twenty-Two Thousand Five Hundred Dollars ($22,500.00) (the “Consulting Fee”) along with associated reasonable expenses.  Executive agrees that he must obtain advance
authorization from the Company prior to incurring individual business-related expenses exceeding Five Hundred Dollars ($500.00).  This payment will be made to Executive within ten (10) business days after the Effective Date of this Agreement.  The parties agree that said payment shall not constitute a payment of wages, and that the Company will issue an Internal Revenue Service Form 1099 to Executive for the purpose of reporting this payment.  As he will no longer be the Company’s
Chief Executive Officer or an employee during the Consulting Period, Executive further agrees not to speak on behalf of the Company except as requested by the Company and to make clear in any authorized discussions that he is acting in an advisory capacity to the Company.

 

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ii.           Further Transitional Services.  For a period not to exceed one (1) month following the expiration of the Consulting Period, Executive agrees to provide further transition assistance to the Company,
as needed, not to exceed five (5) hours per week.  The Parties agree that Executive’s availability to provide this transitional assistance, and his continued access to his email account and telephone number, in no way constitute or create a new employment, consulting, or service provider relationship with the Company.  Accordingly, Executive agrees that he will not be entitled to any of the benefits or incidents of any such relationship after the expiration of the Consulting Period.  As
he will no longer be an employee, consultant, or service provider following the expiration of the Consulting Period, Executive further agrees that he may not speak on behalf of the Company, represent the Company in any capacity, or hold himself out as an agent of the Company.

iii.           Supplemental Release.  Upon the expiration of the Consulting Period, Executive agrees to execute the Supplemental Release attached hereto as Exhibit 1 (“Supplemental Release”).  Executive
agrees that his failure to execute and return the Supplemental Release within five (5) business days of the expiration of the Consulting Period shall entitle the Company to immediately recover and/or cease providing the Consulting Fee.  Executive further agrees that he shall be responsible to the Company for all costs, attorneys’ fees, and any and all damages incurred by the Company in the bringing of any action to recover the Consulting Fee.

f. Email and Telephone Access.  The Parties agree that, for three (3) months following the Effective Date, Executive will have continued access to the Company
email account and telephone number used by Executive during his employment with the Company.  Executive agrees to direct all work-related calls and email messages he may receive to the attention of the appropriate Company personnel.

 

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3. Reference.  Executive agrees to direct all requests for references or verifications of employment from any third party, including but not limited to employers
or potential employers of Executive, to the Chairman of the Company’s Board of Directors or his designee.  In response to such requests, for a period of two (2) years following the Effective Date of this Agreement, the Company agrees generally to: (1) confirm Executive’s dates of employment, job title, and compensation and (2) provide responses to inquiries and to confirm that the Company acknowledges and appreciates the excellent job Executive performed in accomplishing the turnaround of
the company and positioning the firm effectively for future success, for which he was hired.

4. Press Release.  The Company shall prepare and issue a press release regarding Executive’s resignation.  The release shall generally state that, at
the Executive’s request, both he and the Company have concluded that, given Executive’s successful turnaround and positioning of the Company, for which he was hired, it is a good time for a leadership transition.  The release shall also state that Executive and the Company have put together a transition plan for the Company to continue its success.

5. Stock.

 

	
a.  
	
Vested Shares as of the Separation Date.  The Parties agree that for purposes of determining the number of shares of the Company’s common stock that Executive is entitled to purchase from the Company, pursuant to the exercise of outstanding options, Executive will be considered
to have vested only up to the Separation Date.  Executive acknowledges that as of the Separation Date, as reflected in the Personnel Summary attached hereto as Exhibit 2, Executive will have vested in: (a) 106,381 shares subject to the July 2007 ISO; (b) 374,868 shares subject to the July 2007 NSO; (c) 93,750 shares subject to the December 2007 NSO; (d) 41,527 shares subject to the April 2008 NSO; and (e) zero shares subject to the April
2009 NSO and the April 2009 ISO.

 

	
b.  
	
Tax Status of the Options.  Executive understands and acknowledges that the amending of the July 2007 ISO and the April 2009 ISO (the “ISOs”) pursuant to this Agreement may have the effects set forth below, and that the Company has advised Executive to consult with his
own tax advisor regarding the tax status of the ISOs and the tax consequences to Executive of his exercise of the ISOs and disposition of any shares acquired upon such exercise.

 

	
i.  
	
Modification of ISOs.  The Agreement constitutes a “modification” of the ISOs resulting in the deemed regrant of the ISOs for purposes of the rules governing incentive stock options.  Thus, the holding periods required under Section 422 of the Internal Revenue
Code of 1986, as amended (the “Code”)  to receive preferential federal income tax treatment for the Option will restart as of the Effective Date.  In order to receive preferential federal income tax treatment with respect to the ISOs under the incentive stock option rules, Executive must (A) exercise the ISOs within three (3) months of the Separation Date; and (B) not dispose of the shares acquired pursuant to an incentive stock option prior to (i) two (2) years from the Effective
Date (the deemed grant date for the ISOs), and (ii) one (1) year from the date Executive exercises the ISOs or any portion thereof.

 

 

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ii.  
	
Designation of Portion of Option Exercised.  To the extent that any portion of the ISOs, as amended, are not classified as an incentive stock option as a result of the application of Code Section 422(d) (i.e., the $100,000 limit imposed by Section 422(d) of the Code), Executive
may designate in his written notice of exercise whether the Executive is exercising the incentive stock option portion or the nonstatutory stock option portion.  Unless Executive specifically elects to the contrary in Executive’s written notice of exercise, the portion which is an incentive stock option shall be deemed to be exercised first to the maximum possible extent and then the portion which is a nonstatutory stock option shall be deemed to be exercised.

 

6. Benefits.  Executive’s health insurance benefits shall cease at midnight on July 8, 2009, subject to Executive’s right to continue his health insurance
under COBRA.  Executive’s participation in all benefits and incidents of employment, including, but not limited to, vesting in stock options, and the accrual of bonuses, vacation, and paid time off, ceased as of the Separation Date.  Executive shall receive his final pay, including pay for all accrued but unused vacation, through Administaff in accordance with legal requirements.

7. Payment of Salary and Receipt of All Benefits.  Executive acknowledges and represents that, other than the consideration set forth in this Agreement, the Company
has paid or provided all salary, wages, bonuses, accrued vacation/paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, commissions, stock, stock options, vesting, and any and all other benefits and compensation due to Executive.   Consistent with its normal expense reimbursement policy, the Company shall reimburse Executive for all reasonable business expenses incurred up to and including the Separation Date, provided that Executive
submits documentation to the Company substantiating any such expenses within 30 days of the Separation Date.

8. Executive’s Release of Claims Against The Company.  Executive agrees that the foregoing consideration represents settlement in full of all outstanding
obligations owed to Executive by the Company and its current and former officers, directors, employees, agents, investors, attorneys, shareholders, administrators, affiliates, benefit plans, plan administrators, insurers, trustees, divisions, and subsidiaries, and predecessor and successor corporations and assigns (collectively, the “Releasees”).  Executive, on his own behalf and on behalf of his respective heirs, family members, executors, agents, and assigns, hereby and forever releases
the Releasees from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, demand, or cause of action relating to any matters of any kind, whether presently known or unknown, suspected or unsuspected, that Executive may possess against any of the Releasees arising from any omissions, acts, facts, or damages that have occurred up until and including the Effective Date of this Agreement, including, without limitation:

 

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a.           any and all claims relating to or arising from Executive’s employment relationship with the Company and the termination of that relationship;

b.           any and all claims relating to, or arising from, Executive’s right to purchase, or actual purchase of shares of stock of the Company, including, without limitation, any claims for fraud, misrepresentation, breach of fiduciary
duty, breach of duty under applicable state corporate law, and securities fraud under any state or federal law;

c.           any and all claims for wrongful discharge of employment; termination in violation of public policy; discrimination; harassment; retaliation; breach of contract, both express and implied; breach of covenant of good faith and fair dealing, both express and implied; promissory
estoppel; negligent or intentional infliction of emotional distress; fraud; negligent or intentional misrepresentation; negligent or intentional interference with contract or prospective economic advantage; unfair business practices; defamation; libel; slander; negligence; personal injury; assault; battery; invasion of privacy; false imprisonment; conversion; and disability benefits;

d.           any and all claims for violation of any federal, state, or municipal statute, including, but not limited to, Title VII of the Civil Rights Act of 1964; the Civil Rights Act of 1991; the Rehabilitation Act of 1973; the Americans with Disabilities Act of 1990; the Equal
Pay Act; the Fair Labor Standards Act; the Fair Credit Reporting Act; the Age Discrimination in Employment Act of 1967; the Older Workers Benefit Protection Act; the Employee Retirement Income Security Act of 1974; the Worker Adjustment and Retraining Notification Act; the Family and Medical Leave Act; the Sarbanes-Oxley Act of 2002; the California Family Rights Act; the California Labor Code; the California Workers’ Compensation Act; and the
California Fair Employment and Housing Act;

e.           any and all claims for violation of the federal or any state constitution;

f.           any and all claims arising out of any other laws and regulations relating to employment or employment discrimination;

g.           any claim for any loss, cost, damage, or expense arising out of any dispute over the nonwithholding or other tax treatment of any of the proceeds received by Executive as a result of this Agreement; and

h.           any and all claims for attorneys’ fees and costs.

Executive agrees that the release set forth in this section shall be and remain in effect in all respects as a complete general release as to the matters released.  This release does not extend to any obligations incurred under this Agreement.  This release does not release claims that cannot be released as a matter of
law, including, but not limited to, Executive’s right to file a charge with or participate in a charge by the Equal Employment Opportunity Commission, or any other local, state, or federal administrative body or government agency that is authorized to enforce or administer laws related to employment, against the Company (with the understanding that any such filing or participation does not give Executive the right to recover any monetary damages against the Company; Executive’s release of claims herein
bars Executive from recovering such monetary relief from the Company).

 

 

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9. The Company’s Release of Claims Against Executive.  The Company hereby and forever releases Executive from, and agrees not to sue Executive concerning,
or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, or cause of action relating to any matters of any kind arising from any omissions, acts, facts, or damages that have occurred up until and including the Effective Date of this Agreement.  Notwithstanding any release provided for herein, this Agreement shall not serve to release any claims by the Company against Executive for any claims relating to fraud, embezzlement, misappropriation of the Company’s
trade secrets, or conduct that is violative of criminal law.  Moreover, this release does not extend to any obligations incurred under this Agreement.  Furthermore, this release does not release claims that cannot be released as a matter of law.

10. California Civil Code Section 1542.  The Parties acknowledges that they have been advised to consult with legal counsel and are familiar with the provisions
of California Civil Code Section 1542, a statute that otherwise prohibits the release of unknown claims, which provides as follows:

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

The Parties, being aware of said code section, agree to expressly waive any rights each may have thereunder, as well as under any other statute or common law principles of similar effect.

11. No Pending or Future Lawsuits.  Executive represents that he has no lawsuits, claims, or actions pending in his name, or on behalf of any other person or entity,
against the Company or any of the other Releasees.  Executive also represents that he does not intend to bring any claims on his own behalf or on behalf of any other person or entity against the Company or any of the other Releasees.  The Company likewise represents that it has no lawsuits, claims, or actions pending against Executive and does not intend to bring any claims against Executive.

12. Trade Secrets and Confidential Information/Company Property.  Executive reaffirms and agrees to observe and abide by the terms of the Confidentiality Agreement,
specifically including the provisions therein regarding nondisclosure of the Company’s trade secrets and confidential and proprietary information.  Executive’s signature below constitutes his certification under penalty of perjury that he has returned all documents and other items provided to Executive by the Company, developed or obtained by Executive in connection with his employment with the Company, or otherwise belonging to the Company.

13. No Cooperation.  Executive agrees that he will not knowingly encourage, counsel, or assist any attorneys or their clients in the presentation or prosecution
of any disputes, differences, grievances, claims, charges, or complaints by any third party against any of the Releasees, unless under a subpoena or other court order to do so.  Executive agrees both to immediately notify the Company upon receipt of any such subpoena or court order, and to furnish, within three (3) business days of its receipt, a copy of such subpoena or other court order.  If approached by anyone for counsel or assistance in the presentation or prosecution of any disputes,
differences, grievances, claims, charges, or complaints against any of the Releasees, Executive shall state no more than that he cannot provide counsel or assistance.

 

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14. Non-disparagement.  Executive agrees to refrain from any disparagement, defamation, libel, or slander of any of the Releasees, and agrees to refrain from any
tortious interference with the contracts and relationships of any of the Releasees.  The Company agrees to refrain from any disparaging statements about Executive.  Executive understands that the Company’s obligations under this paragraph extend only to the Company’s Board of Directors and only for so long as each member is a Director of the Company.

15. Breach.  In addition to the rights provided in the “Attorneys’ Fees” section below, Executive acknowledges and agrees that any proven material
breach of this Agreement or of any provision of the Confidentiality Agreement shall entitle the Company immediately to recover and/or cease providing the consideration provided to Executive under this Agreement and to obtain damages.

16. No Admission of Liability.  Executive understands and acknowledges that this Agreement constitutes a compromise and settlement of any and all actual or potential
disputed claims by Executive.  No action taken by the Company hereto, either previously or in connection with this Agreement, shall be deemed or construed to be (a) an admission of the truth or falsity of any actual or potential claims or (b) an acknowledgment or admission by the Company of any fault or liability whatsoever to Executive or to any third party.

 

17. Nonsolicitation.  Executive agrees that for a period of twelve (12) months immediately following the Effective Date of this Agreement, Executive shall not
directly or indirectly solicit any of the Company’s employees to leave their employment at the Company.

18. Costs.  The Parties shall each bear their own costs, attorneys’ fees, and other fees incurred in connection with the preparation of this Agreement.

19. ARBITRATION.  THE PARTIES AGREE THAT ANY AND ALL DISPUTES ARISING OUT OF THE TERMS OF THIS AGREEMENT, THEIR INTERPRETATION, AND ANY OF THE MATTERS HEREIN RELEASED,
SHALL BE SUBJECT TO ARBITRATION IN SAN MATEO COUNTY, BEFORE JUDICIAL ARBITRATION & MEDIATION SERVICES (“JAMS”), PURSUANT TO ITS EMPLOYMENT ARBITRATION RULES & PROCEDURES (“JAMS RULES”).  THE ARBITRATOR MAY GRANT INJUNCTIONS AND OTHER RELIEF IN SUCH DISPUTES.  THE ARBITRATOR SHALL ADMINISTER AND CONDUCT ANY ARBITRATION IN ACCORDANCE WITH CALIFORNIA LAW, INCLUDING THE CALIFORNIA CODE OF CIVIL PROCEDURE, AND THE ARBITRATOR SHALL APPLY SUBSTANTIVE AND PROCEDURAL
CALIFORNIA LAW TO ANY DISPUTE OR CLAIM, WITHOUT REFERENCE TO ANY CONFLICT-OF-LAW PROVISIONS OF ANY JURISDICTION.  TO THE EXTENT THAT THE JAMS RULES CONFLICT WITH CALIFORNIA LAW, CALIFORNIA LAW SHALL TAKE PRECEDENCE.  THE DECISION OF THE ARBITRATOR SHALL BE FINAL, CONCLUSIVE, AND BINDING ON THE PARTIES TO THE ARBITRATION.  THE PARTIES AGREE THAT THE PREVAILING PARTY IN ANY ARBITRATION SHALL BE ENTITLED TO INJUNCTIVE RELIEF IN ANY COURT OF COMPETENT JURISDICTION TO ENFORCE THE ARBITRATION
AWARD.  THE PARTIES TO THE ARBITRATION SHALL EACH PAY AN EQUAL SHARE OF THE COSTS AND EXPENSES OF SUCH ARBITRATION, AND EACH PARTY SHALL SEPARATELY PAY FOR ITS RESPECTIVE COUNSEL FEES AND EXPENSES; PROVIDED, HOWEVER, THAT THE ARBITRATOR SHALL AWARD ATTORNEYS’ FEES AND COSTS TO THE PREVAILING PARTY, EXCEPT AS PROHIBITED BY LAW.  THE PARTIES HEREBY AGREE TO WAIVE THEIR RIGHT TO HAVE ANY DISPUTE BETWEEN THEM RESOLVED IN A COURT OF LAW BY A JUDGE OR JURY.  NOTWITHSTANDING THE FOREGOING,
THIS SECTION WILL NOT PREVENT EITHER PARTY FROM SEEKING INJUNCTIVE RELIEF (OR ANY OTHER PROVISIONAL REMEDY) FROM ANY COURT HAVING JURISDICTION OVER THE PARTIES AND THE SUBJECT MATTER OF THEIR DISPUTE RELATING TO THIS AGREEMENT AND THE AGREEMENTS INCORPORATED HEREIN BY REFERENCE.  SHOULD ANY PART OF THE ARBITRATION AGREEMENT CONTAINED IN THIS PARAGRAPH CONFLICT WITH ANY OTHER ARBITRATION AGREEMENT BETWEEN THE PARTIES, THE PARTIES AGREE THAT THIS ARBITRATION AGREEMENT SHALL GOVERN.

 

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20. Section 409A.  The foregoing provisions are intended to comply with the requirements of Code Section 409A and the final regulations and official guidance thereunder
(“Section 409A”) so that none of the compensation and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply.  The Company and Executive agree to work together in good faith to consider amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to
Executive under Section 409A.

21. Authority.  The Company represents and warrants that the undersigned has the authority to act on behalf of the Company and to bind the Company and all who
may claim through it to the terms and conditions of this Agreement.  Executive represents and warrants that he has the capacity to act on his own behalf and on behalf of all who might claim through him to bind them to the terms and conditions of this Agreement.  Each Party warrants and represents that there are no liens or claims of lien or assignments in law or equity or otherwise of or against any of the claims or causes of action released herein.

22. No Representations.  Executive represents that he has had an opportunity to consult with an attorney, and has carefully read and understands the scope and
effect of the provisions of this Agreement.  Executive has not relied upon any representations or statements made by the Company that are not specifically set forth in this Agreement.

23. Severability.  In the event that any provision or any portion of any provision hereof or any surviving agreement made a part hereof becomes or is declared
by a court of competent jurisdiction or arbitrator to be illegal, unenforceable, or void, this Agreement shall continue in full force and effect without said provision or portion of provision.

 

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24. Attorneys’ Fees.  In the event that either Party brings an action to enforce or effect its rights under this Agreement, the prevailing Party shall be
entitled to recover its costs and expenses, including the costs of mediation, arbitration, litigation, court fees, and reasonable attorneys’ fees incurred in connection with such an action.

25. Entire Agreement.  This Agreement represents the entire agreement and understanding between the Company and Executive concerning the subject matter of this
Agreement and Executive’s employment with and separation from the Company and the events leading thereto and associated therewith, and supersedes and replaces any and all prior agreements and understandings concerning the subject matter of this Agreement and Executive’s relationship with the Company, with the exception of the Confidentiality Agreement, the Stock Agreements, and Paragraphs 3(b), 5, 7, 10(a), 10(c) and (d) to the extent they relate to Paragraph 10(a), 11, 12, 13, 16 and 19 of the Employment
Agreement.  Except as expressly set forth herein, this Agreement supersedes and replaces the Employment Agreement.

26. No Oral Modification.  This Agreement may only be amended in a writing signed by Executive and the Chairman of the Company’s Board of Directors.

27. Governing Law.  This Agreement shall be governed by the laws of the State of California, without regard for choice-of-law provisions.  Executive
consents to personal and exclusive jurisdiction and venue in the State of California.

28. Effective Date.  Executive understands that this Agreement shall be null and void if not executed by him and returned to the Company by July 8, 2009. 
This Agreement will become effective on the date it has been signed by both Parties (the “Effective Date”).

29. Counterparts.  This Agreement may be executed in counterparts and by facsimile, and each counterpart and facsimile shall have the same force and effect as
an original and shall constitute an effective, binding agreement on the part of each of the undersigned.

30. Voluntary Execution of Agreement.  Executive understands and agrees that he executed this Agreement voluntarily, without any duress or undue influence on the
part or behalf of the Company or any third party, with the full intent of releasing all of his claims against the Company and any of the other Releasees.  Executive acknowledges that:

(a)           he has read this Agreement;

	
  
	
(b)
	
he has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of his own choice or has elected not to retain legal counsel;

	
  
	
(c)
	
he understands the terms and consequences of this Agreement and of the releases it contains; and

(d)           he is fully aware of the legal and binding effect of this Agreement.

 

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IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth below.

 

SIMON MOSS, an individual

 

Dated:  ____July 8________, 2009                              /s/ Simon Moss                                        

Simon Moss

 

                                                                AVISTAR
COMMUNICATIONS CORPORATION

 

Dated:  ____July 8_    _____, 2009                        By /s/ Gerald J. Burnett                                       

Dr. Gerald J. Burnett

Chairman of the Board of Directors

 

 

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EXHIBIT 1

(Supplemental Release)

 

 

In consideration of the mutual promises and Payment and other consideration provided in the Separation Agreement and Release, dated, 2009 (the “Agreement”), Simon Moss hereby verifies and confirms his renewed agreement to the terms of that Agreement, including but not limited
to the release and waiver of any and all claims relating to his employment with the Company, and further extends such release and waiver to any claims that may have arisen between during the Consulting Period as defined therein, including but not limited to claims under any local ordinance or state or federal employment law, including laws prohibiting discrimination in employment on the basis of race, sex, age, disability, national origin, or religion, as well as any claims for wrongful discharge, breach of contract,
attorneys’ fees, costs, or any claims of amounts due for fees, commissions, stock options, expenses, salary, bonuses, profit sharing or fringe benefits.

 

IN WITNESS WHEREOF, the Parties have executed this Supplemental Release on the respective dates set forth below.

 

SIMON MOSS, an individual

 

Dated:  ________________, 2009                                                       

Simon Moss

 

AVISTAR COMMUNICATIONS CORPORATION

 

Dated:  ________________,  2009                                    By 

                     Dr.
Gerald J. Burnett                       

                           
 Chairman of the Board of Directors

 

 

 

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EXHIBIT 2

(S. Moss Personnel Summary as of July 8, 2009)

[Missing Graphic Reference]

 

 

13exh_10-2.htm

EXHIBIT 10.2

 

EMPLOYMENT AGREEMENT

This employment agreement (the “Agreement”) is entered into as of July14,  2009 (the “Effective Date”) by and between Avistar Communications Corporation (the “Company”) and Robert Kirk (“Executive”).

       1.       Duties and Scope of Employment.

 

(a)  Positions and Duties.  As of the Effective Date, Executive will serve as Chief Executive Officer of the Company.  Executive
will render such business and professional services in the performance of his duties, consistent with Executive’s position within the Company, as shall reasonably be assigned to him by the Chairman of the Company’s Board of Directors (the “Board”).

(b)  Obligations.  During the Employment Term (as defined herein), Executive will perform his duties faithfully and to the best of his ability
and will devote his full business efforts and time to the Company.  For the duration of the Employment Term, Executive agrees not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Board.

(c)  Work Eligibility.  In order to comply with employer regulations adopted in the Immigration Reform and Control Act of 1986, within three
(3) business days of employment, Executive will need to present documentation demonstrating authorization to work in the United States.

2.  At-Will Employment.  Executive’s employment with the Company pursuant to this Agreement (the “Employment Term”) shall commence on the Effective Date and shall continue, unless otherwise
terminated as provided herein.  Notwithstanding the foregoing, the parties agree that Executive’s employment with the Company will be “at-will” employment and may be terminated at any time with or without cause or notice.  Executive understands and agrees that neither his job performance nor promotions, commendations, bonuses or the like from the Company give rise to or in any way serve as the basis for continuation, modification, amendment, or extension, by implication or
otherwise, of his employment with the Company.  However, as described in this Agreement, Executive may be entitled to severance benefits depending on the circumstances of Executive’s termination of employment with the Company.   In the event Executive is a member of the Company’s Board of Directors at the time his employment with the Company terminates, whether voluntarily or involuntarily and with or without cause, Executive agrees to resign in writing from his position as
a member of the Board of Directors no later than three (3) days following his termination of employment.  Executive agrees to execute any necessary forms or other documents and to take any actions required to effect such resignation as a matter of state or federal law.  Executive acknowledges and agrees that, in the event he fails to comply with the foregoing obligations, he will nevertheless be deemed by the Company to have resigned his Board membership.

3.  Compensation.

(a)  Base Salary.  During the Employment Term, the Company will pay Executive as compensation for his services a base salary at the annualized
rate of $270,000.00 or such other rate not below $270,000.00 as the Compensation Committee of the Board (the “Compensation Committee”) may determine from time to time (the “Base Salary”).  The Base Salary will be paid periodically in accordance with the Company’s normal payroll practices and be subject to applicable withholding taxes.

Once the Compensation Committee has approved or increased such Base Salary, it thereafter shall not be reduced; provided, however, that if a Change of Control (as defined below) has not occurred, such Base Salary may be reduced by the Compensation Committee if such reduction is in proportion to a salary reduction program approved by the Board
which affects a majority of the other executive officers of the Company generally.

 

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(b)  Stock Options.  The Company’s Compensation Committee and Board have approved that Executive be granted an option to purchase up to 1,500,000 shares of the Company’s Common Stock, with
vesting starting from the Effective Date, at an exercise price equal to the fair market value of the Company’s Common Stock on the date of grant (the “Option”), as determined by the Company’s Board of Directors.  The Option shall vest over a four (4) year period subject to Executive’s continued service with the Company through the relevant vesting dates.  Except as provided herein, the Option shall be subject to the terms, definitions and provisions of the Company’s
2000 Stock Plan and form of option agreement adopted for use thereunder.

Executive will be eligible to participate in the Company’s annual incentive option program pursuant to such terms and conditions as determined by the Compensation Committee in its sole discretion.  Any such annual option grant or additional grants and the amount of such grants will be in the sole discretion of the Board and/or
the Compensation Committee, as applicable.

(c)  Bonus.  For each fiscal year of the Company, Executive will be eligible to receive an annual bonus based upon the achievement of performance
criteria specified by the Compensation Committee (the “Bonus”).  Any Bonus paid shall be subject to all applicable withholding taxes and will be paid within sixty (60) days of the date that the Bonus is determined.  The annual Bonus shall be determined as of December 31 of each year during the Employment Term.

For the second half of fiscal 2009 the maximum amount of the Bonus will be $80,000 and will be based on the Bonus in plan for the CEO position.  This plan pays a Bonus for proportionate attainment of revenue, profit, and cash goals beyond a threshold.  Within the first month of employment, Executive and the Compensation
Committee of the Board will settle on a revised formula.

4.  Employee Benefits.  During the Employment Term, Executive will be entitled to participate in the employee benefit plans currently and
hereafter maintained by the Company of general applicability to other senior executives of the Company.  The Company reserves the right to cancel or change the benefit plans and programs it offers to its employees at any time.

5.  Expenses.  The Company will reimburse Executive for reasonable travel, entertainment or other expenses incurred by Executive in the furtherance
of or in connection with the performance of Executive’s duties hereunder, in accordance with the Company’s expense reimbursement policy as in effect from time to time.

6.  Severance.

(a)  Involuntary Termination.  If prior to a Change of Control (as defined below), Executive’s employment with the Company terminates
(excluding a termination based on Executive’s death or Disability (as defined herein)) other than voluntarily or for Cause (as defined herein), and Executive signs and does not revoke a release of claims with the Company, then, subject to Section 11, Executive shall be entitled to receive: (i) continuing payments of severance pay (less applicable withholding taxes) at a rate equal to his Base Salary rate, as then in effect, for a period of six (6) months from the date of such termination of employment,
to be paid periodically in accordance with the Company’s normal payroll policies; (ii) all shares of common stock subject to the Option which have vested as of the date of Executive’s termination of employment shall be exercisable for a period of six (6) months following the date of such termination, provided, however, that in no event shall this provision operate to extend the Option beyond the term/expiration date of such Option (and in no event will extend the term of the Option beyond ten (10)
years from the date of grant), nor shall the unvested portion of the Option continue to vest during the six (6) month severance period; (iii) reimbursement for the cost of continued health plan coverage for the Executive and his dependents for a period of six (6) months from the date of such termination of employment; provided, however, that (A) the Executive constitutes a qualified beneficiary, as defined in Section 4980B(g)(1) of the Internal Revenue Code of 1986, as amended  (the “Code”)
and (B) Executive timely elects continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), within the time period prescribed pursuant to COBRA; and (iv) the portion of the projected Bonus for the fiscal year in which such termination of employment occurs accrued up to the date of termination as determined by the Compensation Committee in its sole discretion.

 

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(b)  Voluntary Termination; Termination for Cause.  If the Executive’s employment with the Company terminates voluntarily by Executive
(including a termination due to death or Disability) or for Cause by the Company, then (i) all vesting of all options to purchase the Common Stock of the Company and other equity awards will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned) and (ii) Executive shall not receive any severance benefits or the continuation of any other benefits.

(c)  Change of Control.  In the event of a Change of Control that occurs prior to the second anniversary of the Effective Date, then, subject
to Section 11, fifty percent (50%) of the shares subject to the Option shall become fully vested and exercisable.

7.  Section 409A.

(a)           Notwithstanding anything to the contrary in this Agreement, no severance pay or benefits to be paid or provided to Executive, if any, pursuant to this Agreement that, when considered together with any other severance payments or separation benefits, are considered deferred
compensation under Code Section 409A and the final regulations and any guidance promulgated thereunder (“Section 409A”) (together, the “Deferred Compensation Separation Payments”) will be paid or otherwise provided until Executive has a “separation from service” within the meaning of Section 409A.  Similarly, no severance payable to Executive, if any, pursuant to this Agreement that otherwise would be exempt from Section 409A pursuant to Treasury Regulation Section
1.409A-1(b)(9) will be payable until Executive has a “separation from service” within the meaning of Section 409A.

(b)           Any severance payments or benefits under this Agreement that would be considered Deferred Compensation Separation Payments will be paid on, or, in the case of installments, will not commence until, the sixtieth (60th) day following Executive’s separation from service,
or, if later, such time as required by Section 7(c).  Except as required by Section 7(c), any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s separation from service but for the preceding sentence will be paid to Executive on the sixtieth (60th) day following Executive’s separation from service and the remaining payments shall be made as provided in this Agreement.

(c)          Notwithstanding anything to the contrary in this Agreement, if Executive is a “specified employee” within the meaning of Section 409A at the time of Executive’s termination (other than due to death), then the Deferred Compensation Separation Payments that are
payable within the first six (6) months following Executive’s separation from service, will become payable on the first payroll date that occurs on or after the date six (6) months and one (1) day following the date of Executive’s separation from service.  All subsequent Deferred Compensation Separation Payments, if any, will be payable in accordance with the payment schedule applicable to each payment or benefit.  Notwithstanding anything herein to the contrary, if Executive dies
following Executive’s separation from service, but prior to the six (6) month anniversary of the separation from service, then any payments delayed in accordance with this paragraph will be payable in a lump-sum as soon as administratively practicable after the date of Executive’s death and all other Deferred Compensation Separation Payments will be payable in accordance with the payment schedule applicable to each payment or benefit.  Each payment and benefit payable under this Agreement
is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations..

 

 

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(d)           Any amount paid under this Agreement that qualifies as a payment made as a result of an involuntary separation from service pursuant to Section 1.409A-1(b)(9)(iii) of the Treasury Regulations that does not exceed the Section
409A Limit (as defined below) will not constitute Deferred Payments for purposes of clause (i) above.   For purposes of this Agreement, “Section 409A Limit” will mean two (2) times the lesser of: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Executive’s taxable year preceding the Executive’s taxable year of his or her separation from service as determined under Treasury Regulation Section 1.409A-1(b)(9)(iii)(A)(1)
and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Code Section 401(a)(17) for the year in which Executive’s separation from service occurred.

(e)           The foregoing provision is intended to comply with the requirements of Section 409A so that none of the severance payments and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted
to so comply.  The Company and Executive agree to work together in good faith to consider amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive under Section 409A.

8.  Definitions.

(a)  Cause.  For purposes of this Agreement, “Cause” is defined as (i) Executive engaging in knowing and intentional illegal
conduct that is injurious to the Company; (ii) Executive’s conviction of, or plea of nolo contendere to, a felony; (iii) Executive’s gross misconduct; or (iv) Executive’s continued substantial violations of his employment duties after Executive has received a written demand for performance from the Company which specifically sets forth the factual basis for
the Company’s belief that Executive has not substantially performed his duties.

(b)  Change of Control.  For purposes of this Agreement, “Change of Control” of the Company is defined as: (i) any “person”
(as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), is or becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing more than fifty percent (50%) of the total voting power represented by the Company’s then outstanding voting securities, except Gerald J. Burnett; or (ii) the date of the consummation of a merger or consolidation of the Company with any other corporation
that has been approved by the shareholders of the Company, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation or
the shareholders of the Company approve a plan of complete liquidation of the Company; or (iii) the date of the consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets.

(c)  Disability.  For purposes of this Agreement, “Disability” means the inability of Executive, due to a physical or mental
impairment, to perform the essential functions of the Executive’s position, with or without reasonable accommodation, for a period of ninety (90) days.  Whether Executive is disabled shall be determined by the Company based on evidence provided by one or more physicians selected by the Company.

(d)  Involuntary Termination.  For purposes of Section 6 of this Agreement, “Involuntary Termination” shall include termination
of Executive’s employment by Executive within ninety (90) days after the occurrence of any of the following: (i) any material diminution in Executive’s authority, duties or responsibilities and (ii) any material diminution in Base Salary, other than a reduction that is consistent with an across-the-board reduction in the base compensation payable to other executive employees, unless, in each case, such diminution is consented to in writing by Executive.  Notwithstanding the foregoing,
before Executive’s termination of employment may be considered an Involuntary Termination, (A) Executive must provide the Company with written notice within ninety (90) days of the event that Executive believes constitutes an “Involuntary Termination” specifically identifying the acts or omissions constituting the grounds for an Involuntary Termination and (B) the Company must have an opportunity within thirty (30) days following delivery of such notice to cure the Involuntary Termination condition.

 

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9.  Confidential Information.  Executive covenants that he has executed the Company’s standard Invention and Non-Disclosure Agreement
(the “Confidential Information Agreement”) and such agreement is and shall remain in full force and effect upon the Effective Date.  Executive further agrees to sign any future amendments to the Confidential Information Agreement provided that such amendment is also signed by a majority of the officers of the Company.

 

10.  Solicitation of Employees.  Executive agrees that for a period of twelve (12) months immediately following the termination of Executive’s
relationship with the Company for any reason, whether voluntary or involuntary, with or without Cause, Executive shall not either directly or indirectly solicit any of the Company’s employees to leave their employment, or attempt to solicit employees of the Company, either for himself or for any other person or entity.  Executive agrees and acknowledges that upon any breach by Executive of this Section, the Company shall have the right to terminate all severance benefits set forth in this Agreement.

11.  Separation Agreement and Release of Claims.  The receipt of any severance pursuant to Section 6 will be subject to Executive signing and not revoking a separation agreement and release of claims in
a form reasonably satisfactory to the Company (the “Release”) and provided that such Release becomes effective and irrevocable no later than sixty (60) days following the termination date (such deadline, the “Release Deadline”).  The Release shall generally and unilaterally release the Company, its affiliates and agents, and their respective successors and assigns, from all claims, and shall include a provision prohibiting disparagement of the Company, its employees, and officers.  If
the Release does not become effective and irrevocable by the Release Deadline, Executive will forfeit any rights to severance or benefits under this Agreement.  In no event will severance payments or benefits be paid or provided until the Release becomes effective and irrevocable.

12.  Assignment.  This Agreement will be binding upon and inure to the benefit of (a) the heirs, executors and legal representatives of Executive
upon Executive’s death and (b) any successor of the Company.  Any successor of the Company will be deemed substituted for the Company under the terms of this Agreement for all purposes. For this purpose, “successor” means any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires all or substantially all of the assets or business of the Company.  None of the rights of Executive to receive
any form of compensation payable pursuant to this Agreement may be assigned or transferred except by will or the laws of descent and distribution.  Any other attempted assignment, transfer, conveyance or other disposition of Executive’s right to compensation or other benefits will be null and void.

13.  Notices.  All notices, requests, demands and other communications called for hereunder shall be in writing and shall be deemed given
(a) on the date of delivery if delivered personally; (b) one (1) day after being sent by a well established commercial overnight service; or (c) four (4) days after being mailed by registered or certified mail, return receipt requested, prepaid and addressed to the parties or their successors at the following addresses, or at such other addresses as the parties may later designate in writing:

If to the Company:

Avistar Communications Corporation

1875 South Grant Street, 10th Floor

San Mateo, CA  94402

Attn:  Chairman of the Board of Directors

 

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If to Executive:

at the last residential address known by the Company.

14.  Severability.  In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable
or void, this Agreement will continue in full force and effect without said provision.

 

        15.       Arbitration.

 

(a)  General.  In consideration of Executive’s service to the Company, its promise to arbitrate all employment related disputes and
Executive’s receipt of the compensation, pay raises and other benefits paid to Executive by the Company, at present and in the future, Executive agrees that any and all controversies, claims, or disputes with anyone (including the Company and any employee, officer, director, shareholder or benefit plan of the Company in their capacity as such or otherwise) arising out of, relating to, or resulting from Executive’s service to the Company under this Agreement or otherwise or the termination of Executive’s
service with the Company, including any breach of this Agreement, will be subject to binding arbitration under the Arbitration Rules set forth in California Code of Civil Procedure Section 1280 through 1294.2, including Sections 1281.8 and 1283.05 (the “Rules”) and pursuant to California law.  Disputes which Executive agrees to arbitrate, and thereby agrees to waive any right to a trial by jury, include any statutory claims under state or federal law, including, but not limited
to, claims under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act of 1990, the Age Discrimination in Employment Act of 1967, the Older Workers Benefit Protection Act, the California Fair Employment and Housing Act, the California Labor Code, claims of harassment, discrimination or wrongful termination and any statutory claims.  Executive further understands that this Agreement to arbitrate also applies to any disputes that the Company may have with Executive.

 

(b)  Procedure.  Executive agrees that any arbitration will be administered by the Judicial Arbitration and Mediation Services (“JAMS”)
and that a neutral arbitrator will be selected in a manner consistent with its National Rules for the Resolution of Employment Disputes.  All arbitration proceedings shall be held in San Mateo County, California.  The arbitration proceedings will allow for discovery according to the rules set forth in the Employment Arbitration Rules and Procedures of JAMS (the “JAMS
Rules”) or California Code of Civil Procedure.  Executive agrees that the arbitrator will have the power to decide any motions brought by any party to the arbitration, including motions for summary judgment and/or adjudication and motions to dismiss and demurrers, prior to any arbitration hearing.  Executive agrees that the arbitrator will issue a written decision
on the merits.  Executive also agrees that the arbitrator will have the power to award any remedies, including attorneys’ fees and costs, available under applicable law.  Executive understands the Company will pay for any administrative or hearing fees charged by the arbitrator or JAMS except that with respect to any arbitration Executive initiates, Executive will pay the amount Executive would have otherwise been required to pay to file a claim in court.  Executive agrees
that the arbitrator will administer and conduct any arbitration in a manner consistent with the Rules and that to the extent that the JAMS Rules conflict with the Rules, the Rules will take precedence.

 

(c)  Remedy. Except as provided by the Rules, arbitration will be the sole, exclusive and final remedy for any dispute between Executive and the Company.  Accordingly,
except as provided for by the Rules, neither Executive nor the Company will be permitted to pursue court action regarding claims that are subject to arbitration.  Notwithstanding, the arbitrator will not have the authority to disregard or refuse to enforce any lawful Company policy, and the arbitrator will not order or require the Company to adopt a policy not otherwise required by law which the Company has not adopted.  The prevailing party in any arbitration proceeding shall be entitled
to recover from the losing party all reasonable costs that it has incurred as a result of such proceeding, including but not limited to, all reasonable travel costs and reasonable attorneys’ fees.

  

 

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(d)  Administrative Relief.  Executive understands that this Agreement does not prohibit Executive 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 or the workers’ compensation board.  This Agreement does, however, preclude Executive from pursuing court action regarding any such claim.

 

(e)  Voluntary Nature of Agreement.  Executive acknowledges and agrees that Executive is executing this Agreement voluntarily and without
any duress or undue influence by the Company or anyone else. Executive further acknowledges and agrees that Executive has carefully read this Agreement and that Executive has asked any questions needed for Executive to understand the terms, consequences and binding effect of this Agreement and fully understands it, including that EXECUTIVE IS WAIVING EXECUTIVE’S RIGHT TO A JURY TRIAL.  Finally,
Executive agrees that Executive has been provided an opportunity to seek the advice of an attorney of Executive’s choice before signing this Agreement.

16.  Integration.  This Agreement, together with the Company’s stock option plan, any stock option agreements and the Confidential
Information Agreement represents the entire agreement and understanding between parties as to the subject matter herein and supersedes all prior or contemporaneous agreements whether written or oral.  No waiver, alteration, or modification of any of the provisions of this Agreement will be binding unless in writing and signed by duly authorized representatives of the parties hereto.

17.  Waiver of Breach.  The waiver of a breach of any term or provision of this Agreement, which must be in writing, will not operate as
or be construed to be a waiver of any other previous or subsequent breach of this Agreement.

18.  Headings.  All captions and section headings used in this Agreement are for convenient reference only and do not form a part of this
Agreement.

19.  Tax Withholding.  All payments made pursuant to this Agreement will be subject to withholding of applicable taxes.

20.  Governing Law.  This Agreement will be governed by the laws of the State of California (with the exception of its conflict of laws provisions).  Executive
consents to personal and exclusive jurisdiction and venue in the State of California.

21.  Acknowledgement.  Executive acknowledges that he has had the opportunity to discuss this matter with and obtain advice from his private
attorney, has had sufficient time to, and has carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement.

22.  Counterparts.  This Agreement may be executed in counterparts, and each counterpart will have the same force and effect as an original
and will constitute an effective, binding agreement on the part of each of the undersigned.

-Signature page follows-

 

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IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by their duly authorized officers, as of the day and year first above written.

 

Robert Kirk, an individual

 

Dated:  __July 14______________, 2009                  /s/ Robert Kirk                                                    

Robert Kirk

 

                                                                     Avistar
Communications Corporation

 

Dated:  __July 14_____________, 2009                   By /s/ Gerald J. Burnett                                       

Gerald J. Burnett

Chairman of the Board of Directors

  

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