Document:

Exhibit

Exhibit 10.1
    
CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE
THIS CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE (“Agreement”) is made and entered into between Kathleen J. Hall (“Executive”) and FARO Technologies, Inc. (the “Company”) to confirm the terms of Executive’s separation from employment and to settle, release and discharge, with prejudice, any and all claims Executive has or may have against the Released Parties (defined in Paragraph 3(a) below), including but not limited to those arising or which may be arising out of Executive’s employment with and/or separation of employment from the Company.  
In consideration of the mutual commitments set forth in this Agreement, and intending to be legally and forever bound, Executive and the Company therefore understand and agree as follows:
		
	1.
	Separation of Employment.

(a)    Executive understands that her employment with the Company ended on August 7, 2019 (the “Separation Date”) and that, except as expressly provided within this Agreement, all of the Company’s duties and obligations to Executive, whether by written agreement, plan, policy, practice or otherwise, are completely extinguished as of her Separation Date.  Executive also understands that, following her Separation Date, she has no further right to any salary or employee benefits provided by Company and/or any of the other Released Parties including, without limitation, under any health benefit and/or any other employee benefit plans.  Executive agrees that the payments and benefits provided under this Agreement do not extend her service beyond her Separation Date or increase any amounts due to her under any benefit plans of the Company and/or any other Released Parties.
(b)    Executive similarly agrees that all of her duties and obligations to the Company were extinguished as of her Separation Date, with the exception of those obligations stated herein, otherwise required by law and/or set forth in the New Product Development Confidentiality Notice, the Patent and Confidentiality Agreement, and the Non-Competition and Non-Solicitation Addendum she signed as a condition to employment (the “Covenant Agreements”), as amended in Section 11 herein.    
		
	2.
	Acknowledgment of Receipt of All Previous Pay and Benefits; No Work-Related Injuries; No Harassment; and No Other Amounts Due.

(a)By signing this Agreement, Executive agrees she been paid in full, less all applicable federal, state and local employment and income taxes and other required or elected withholdings, for all wages she earned up to and including her Separation Date and for all other remuneration of any kind accrued, owed or otherwise due to her under any Company policy, plan, practice, program, arrangement and/or agreement, including but not limited to overtime pay, bonuses, commissions, incentive compensation, and paid time off, with the exception of any payments or benefits to be provided as set forth in Section 6 of this Agreement.
(b)Executive confirms that she has not sustained any work-related injuries and, to the best of her knowledge, has not contracted any occupational diseases, except to the extent she has previously 

filed any claims alleging any work-related injury or illness, if any.  Executive also agrees that she has previously been provided all family, medical and disability leave and/or other benefits to which she were ever entitled under federal, state or local family, medical and disability accommodations laws, including any right to reinstatement upon the conclusion of any period of leave, if any.  Executive affirms that she is not aware of, has not engaged in, and has not witnessed any discrimination, harassment or retaliation of any nature towards herself or any other individual during her employment with the Company.
(c)Executive understands she will receive payment for all reimbursable out-of-pocket eligible business expenses in accordance with Company policies or practices, provided she submits hard-copy proof of the same by the close of business on August 14, 2019.  
(d)Executive understands that, except as provided for in this Agreement, the Company and all other Released Parties shall never be required to make any further payment or provide any further benefit, for any reason whatsoever, to her or any other person on her behalf regarding any claim, right or status Executive may have arising on or before the Effective Date of this Agreement (as defined in Paragraph 17(f), below). 

		
	3.
	Release of Claims and Covenant Not to Sue. 

(a)    In exchange for the Company providing Executive with the payments described in this Agreement, Executive, on her own behalf and on behalf of her heirs, executors, personal representatives, administrators, agents and assigns, forever waives, releases, gives up and discharges all waivable claims, real or perceived, whether accrued or unaccrued, liquidated or contingent, and now known or unknown, against the Company, its parent, affiliated and related companies, all of its and their employee benefit plans and trustees, fiduciaries, administrators, sponsors and parties-in-interest of those plans, all of its and their past and present employees, managers, directors, officers, administrators, shareholders, members, investors, agents, attorneys, insurers, re-insurers and contractors acting in any capacity whatsoever (whether individually or in an official capacity on behalf of the Company), and all of its and their respective predecessors, heirs, personal representatives, successors and assigns (collectively, the “Released Parties” as used throughout this Agreement), based on, related to, or arising from any event that has occurred before the date she signs this Agreement and based upon, related to or arising out of or in any way concerning her employment with the Company, the terms, conditions or privileges of her employment with the Company, her separation from employment with the Company, the terms and conditions of her Employment Agreement dated July 1, 2013, her Amended and Restated Employment Agreement effective as of April 25, 2016 and the Addendum to the same dated June 17, 2019, and any and all violations and/or alleged violations of federal, state or local human rights laws, fair employment practices and/or other laws by any of the Released Parties for any reason and under any legal theory including, but not limited to, those arising or which may be arising under, as applicable, Title VII of the Civil Rights Act of 1964 (“Title VII”), the Americans with Disabilities Act (“ADA”), the Age Discrimination in Employment Act (“ADEA”), the Older Worker Benefit Protection Act (“OWBPA”), the Employee Retirement Income Security Act of 1974 (“ERISA”), the Employee Polygraph Protection Act, the Worker Adjustment and Retraining Notification Act (“WARN”), the Civil Rights Act of 1991, the Family and Medical Leave Act (“FMLA”), the Fair Labor Standards Act (“FLSA”), the Equal Pay Act of 1963 (“EPA”), the Lilly Ledbetter Fair Pay Act of 2010 (“Fair Pay Act”), the Genetic Information Nondiscrimination Act of 2008 (“GINA”), the Rehabilitation Act, the Employee Polygraph Protection Act, the Electronic Communication Privacy Act, the Computer Fraud & Abuse Act, the Health Insurance Portability & Accountability Act, the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), the Occupational Safety and Health Act (“OSHA”), the Sarbanes-Oxley Act of 2002, the Fair Credit Reporting Act (“FCRA”), the National Labor Relations Act (“NLRA”), the Labor Management Relations Act (“NLRA”), the Uniformed Services Employment and Reemployment Rights Act of 1994 (“USERRA”), the Civil Rights Act of 1991, 42 U.S.C. §§ 1981, 1983, 1985, 1986 and 1988), the Florida 

Civil Rights Act of 1992, the Florida Whistleblower Protection Act, the Florida Equal Pay Act, the Florida Uniformed Service Members’ Protection Act, the Florida National Reserves Act, the Florida Domestic or Sexual Violence Leave Law, the Florida Minimum Wage Act, all Florida Wage and Hour Laws, the Florida Civil Rights Act, Florida Statutes Chapters 440 or 448, the Pennsylvania Wage Payment & Collection Law, the Pennsylvania Human Relations Act, the Pennsylvania Labor Relations Act, the Pennsylvania Equal Pay Law, the Pennsylvania Minimum Wage Act, the Pennsylvania Workers’ Compensation Act, and all other federal, state or local laws, statutes, regulations, rules, ordinances, or orders, as they may be amended.  Executive also forever waives, releases, discharges and gives up all claims, real or perceived and now known or unknown, for breach of implied or express contract, breach of promise, breach of the covenant of good faith and fair dealing, misrepresentation, negligence, fraud, estoppel, defamation, libel, misrepresentation, intentional infliction of emotional distress, violation of public policy, invasion of privacy, wrongful, retaliatory or constructive discharge, assault, battery, false imprisonment, negligence, and all other claims or torts arising under any federal, state, or local law, regulation, ordinance or judicial decision, or under the United States, Pennsylvania and Florida Constitutions.  
(b)    In further exchange for the Company providing Executive with the payments described in this Agreement, Executive, on her own behalf and on behalf of her heirs, executors, personal representatives, administrators, agents and assigns, hereby waives and gives up any right to become, and promises not to agree to become, a member or representative of any class, collective action, or group of plaintiffs or other individuals in a lawsuit in which any claim is made against the Company that is related in any way to Executive’s employment with the Company, the benefits or attributes of that employment, or the termination of that employment.  Executive affirms that, to the best of her knowledge, she has not become a member of any such putative or certified class, collective action, multi-party action, or group claim, and agrees that if she learns she has been made a member or representative of any such class, collective action, multi-party action, or group claim, whether putative or certified, she will take all appropriate steps to immediately leave or opt out of the class, collective action, multi-party action, or group.
(c)    Executive understands that the laws and actions described above give her important remedies that relate to claims she has or may have arising out of or in connection with her employment with, or separation from employment from, the Company and agrees that she is freely and voluntarily giving up those remedies and claims.  By signing this Agreement, Executive agrees that she is unconditionally waiving the right to proceed with discovery concerning any released claim in any future litigation with any Released Party, if any.  Executive also agrees that she is fully releasing all claims for equitable, punitive or other relief, attorney’s fees, and other fees and costs incurred up to the date she signs this Agreement for any reason.  
(d)    Executive represents and warrants that: (i) she is the lawful owner of all claims released through this Agreement; (ii) she has the beneficial interest in the payments and other benefits she will receive under this Agreement; (iii) she has not assigned, and will not assign, any interest in any claim released through this Agreement; (iv) she has not filed, and is not and has not been subject to a voluntary or involuntary bankruptcy petition in the past three (3) years; (v) she is not a debtor in any pending bankruptcy case; (vi) no receiver, bankruptcy trustee or other third party may assert a right to any claim released through this Agreement or the payments or benefits to be tendered or provided under this Agreement.  Executive agrees that the foregoing representations and warranties shall survive the execution, performance and consummation or termination of this Agreement.  Executive also agrees that she will fully indemnify and hold the Released Parties harmless for any claims or damages, including attorneys’ fees, fines, costs, liquidated damages and punitive damages asserted or awarded against any 

of the Released Parties to the extent any of the foregoing representations and warranties is or becomes untrue and, should it be determined that any bankruptcy trustee or other third party has a right to the payment made to Executive under this Agreement, Executive immediately will return to Company an amount equivalent to the full after-tax value of the Severance Payment (as defined in Paragraph 6(a) below), less Five Hundred and 00/100 Dollars ($500.00).  
(e)    Executive warrants that she does not have any complaint pending before any federal, state or local court or arbitration panel concerning any Released Party.  Executive further agrees not to file a lawsuit against any of the Released Parties in any federal, state or local court, or with any arbitration panel, concerning any claim, demand, issue or cause of action released through this Agreement, except to the extent specifically excluded below in Section 4 and its subparagraphs below.  Should Executive file a lawsuit with any court or arbitration panel concerning any claim, demand, issue, or cause of action waived through this Agreement and not specifically excluded as described in Section 4 and its subparagraphs below, Executive agrees she will be responsible to pay the legal fees and costs that the Released Parties incur defending that lawsuit.  Further, Executive agrees that nothing in this Agreement shall limit the right of any court or arbitration panel to determine, in its sole discretion, that the Released Parties are entitled to restitution, recoupment or set-off of any monies paid to Executive should the release of any claims under this Agreement subsequently be found to be invalid.
		
	4.
	Exclusions from Release of Claims and Covenant Not to Sue.

(a)Executive understands and agrees that nothing in this Agreement limits her right to bring an action to enforce the terms of this Agreement.
(b)Executive understands and agrees that the Release contained in Section 3 and its subparagraphs above does not include a waiver of any claims which cannot be waived by law and does not include a waiver of any vested rights she may have in any existing Company 401(k) plan nor will it preclude her from purchasing continuation health benefits coverage for herself and/or her dependents under the Company’s continuation health benefits policies to the extent she and her dependents are otherwise eligible and for the period provided by law under COBRA and/or any applicable mini-COBRA law. 
(c)Executive understands and agrees that nothing in this Agreement is intended to or shall prevent, impede or interfere with her non-waivable right to file a charge or complaint with the Equal Employment Opportunity Commission (“EEOC”), the Occupational Safety and Health Review Commission (“OSH”), the National Labor Relations Board (“NLRB”), the Securities and Exchange Commission (“SEC”), any other federal agency, labor board or commission, any state or local fair employment practices agency, or any other state or local agency, labor board or commission (collectively, the “Government Agencies”).  Executive also understands that nothing in this Agreement in any way limits her ability to provide information and/or documents to or otherwise communicate with any Government Agencies, participate in any investigation of any Government Agencies, testify or otherwise participate in any proceeding that may be conducted by any Government Agencies concerning the Company’s past or future conduct, or engage in any activities now or in the future that are protected under the whistleblower statutes administered by OSH or any other Government Agencies without notice to the Company.  This Agreement further does not limit Executive’s right to receive and fully retain a monetary reward from any government-administered whistleblower award or other incentive program for providing information directly to any Government Agencies (such as those administered by the OSH or the SEC); however, Executive understands and agrees she is waiving her right to recover any money or share in or participate in any monetary award in connection with or resulting from the prosecution of any charge, investigation or proceeding.  

(d)Executive understands and agrees that nothing in this Agreement prohibits her from filing a claim to collect any unemployment compensation benefits available to her under applicable state Unemployment Insurance Compensation law or from collecting any award of benefits granted to her in accordance with that law.   
(e)Executive understands and agrees that this Agreement does not limit any statutory rights she may have to bring an action to challenge the terms of this Agreement or contest the validity of the Release contained in this Agreement under the ADEA or the OWBPA. 
 
		
	5.
	Non-Admission of Liability.

Executive agrees that this Agreement shall not in any way be construed as an admission that any of the Released Parties owe Executive any money or have acted wrongfully, unlawfully, or unfairly in any way towards her.  In fact, Executive understands that the Released Parties specifically deny that they have violated any federal, state or local law or ordinance or any right or obligation that they owe or might have owed to her at any time and maintain that they have at all times treated her in a fair, lawful, non-discriminatory and non-retaliatory manner.
		
	6.
	Consideration to be Provided to Executive in Exchange for her Release.

(a)In exchange for and in consideration of Executive’s promises set forth in this Agreement, and contingent upon the Company’s receipt from Executive of a signed, effective, unrevoked original of this Agreement, which is a condition precedent to any payment or other obligation on the part of the Company under this Agreement, the Company agrees to provide the following payments and other benefits to Executive, on behalf of all Released Parties:
(i)a total gross payment equal to eighteen (18) months of Executive’s base salary in effect as of her Separation Date, less all applicable federal, state and local employment and income taxes and other required or elected withholdings (the “Severance Payment” for the “Severance Pay Period”).  Executive’s Severance Payment shall be tendered in substantially equivalent installments, with the first installment being made as soon as practicable following the Effective Date of this Agreement and within sixty (60) days of her Separation Date and the remaining installments continuing consecutively thereafter on the Company’s regularly-established pay dates until paid in full.  
(ii)any outstanding and unvested stock options held by Executive shall become fully exercisable as of her Separation Date, and such stock options shall thereafter continue or lapse in accordance with the other provisions of the applicable award certificate(s); and
(iii)any outstanding restricted stock units held by Executive shall become fully vested as of her Separation Date and shall immediately convert to shares of Company common stock on her Separation Date.
(b)Executive agrees that the payments described above, singularly and together, constitute good and adequate consideration in exchange for her promises herein and are, individually and together, in addition to anything of value to which she is presently entitled by virtue of any understandings, agreements or contracts between herself and any of the Released Parties, her employment with the Company and her separation from that employment, and any of the Released Parties’ policies, practices, plans, agreements or prior understandings with her, including but not limited to compensation, vacation, bonus, severance, on-call, paid time off, commission, incentive compensation, equity incentives, stock options, offer letters, reassignment letters, employment agreements and any other fringe benefit plans, policies or practices.

		
	7.
	No Reliance Upon Verbal Representations.

Executive agrees that no promises, statements or inducements have been made which caused her to sign this Agreement other than those expressly stated in writing within this Agreement.  Executive also agrees that she has signed this Agreement with full knowledge of all rights that she may have, and she hereby assumes the risk of any facts presently unknown to her or any mistake in fact. 
		
	8.
	No Right or Guarantee to Re-Employment or Reinstatement.

Executive understands the termination of her employment is permanent and the Released Parties have not in any way guaranteed that she will be recalled, rehired, reinstated or in any way retained by the Company.  Executive also understands that the Company and all of its related and affiliated companies have no obligation, contractual or otherwise, to consider any employment application she submits or to hire, rehire, retain, reinstate, reemploy or consider her for hire, rehire, retention, reinstatement or reemployment, now or ever in the future, either directly or indirectly, on a full-time, part-time, or temporary basis or as an independent contractor or consultant. 
		
	9.
	Reference-Related Communications.

(a)    Executive agrees that she will direct all reference-related inquiries in the future exclusively to People Operations for confirmation only of her: (i) dates of employment and (ii) employment position.  Executive also agrees that, except for the Company’s verbal confirmation of her dates of employment and position title as expressly set forth above, the Released Parties will have no obligation whatsoever to engage in any reference-related communications with her past, existing or prospective employers unless compelled by a court order or other legal process.  Executive agrees that any statements made on social media by any current or former employees or other representatives of the Company are not official statements of reference by the Company and shall not be construed as such.
(b)    Notwithstanding the foregoing, Executive understands and agrees that the Released Parties will remain free to internally communicate, to those with a business need to know, any and all information concerning her employment history with the Company. 
		
	10.
	Confidentiality of this Agreement.

Except as otherwise required or permitted by law, Executive agrees to keep the terms of this Agreement completely confidential and not to disclose information about this Agreement to anyone other than her spouse, civil union or domestic partner, attorneys, and licensed tax and/or professional investment advisors (hereafter referred to as Executive’s “Confidants”), all of whom she will first inform of and obtain their advance agreement to be bound by this confidentiality provision.  Unless otherwise required or permitted by law, neither Executive nor her Confidants shall disclose the terms of this Agreement to anyone including, but not limited to, any representative of any print, radio or television media; any past, present or prospective employee of or applicant for employment with the Company; any executive recruiter or “headhunter”; any counsel for any current or former employee of the Company; any other counsel or third party; or the public at large.  Executive agrees that, should any of her Confidants disclose information about this Agreement, the disclosure will be treated as if she, herself, breached the Agreement.  

		
	11.
	Continuing Obligation Not to Use Any Confidential Information; and Return of All Confidential Information and Other Company Property.  

(a)    Executive acknowledges and agrees that all confidential, proprietary, trade secret and other business information belonging to the Company and/or the other Released Parties (as those terms are defined within the Covenant Agreements, and such definitions incorporated herein by reference), whether in tangible form or otherwise, including all documents and records, whether printed, typed, handwritten, videotaped, transmitted or transcribed on data files or on any other type of media, and whether or not labeled or identified as confidential and/or proprietary, made or compiled by Executive or made available to her during her employment with the Company, is and remains the sole property of the Company and the Released Parties which Executive shall not at any time use or disclose to any third party.  
(b)    Executive agrees that she has an obligation to and warrants that, as of the date she signs this Agreement, she has made a diligent search for, and returned, all originals and all copies of all documents and records made or compiled by her and/or made available to her or provided to her during the period of her employment with Company that contain confidential, proprietary, trade secret or other business information belonging to the Company and/or any of the Released Parties, whether printed, typed, handwritten, videotaped, transmitted or transcribed on data files or on any other type of media and whether or not labeled or identified as confidential, proprietary or trade secret.  Executive further represents and warrants that she has not previously destroyed any such documents or information and has not retained any copies of any such documents or information in any format for her own personal use or any other purposes for her own benefit or the benefit of any third party.
(c)    In addition to returning all originals and copies (in whatever format) of all confidential, proprietary, trade secret or other business information belonging to the Company and/or any of the Released Parties, Executive agrees that she has an obligation to and warrants that she has returned all other Company property and materials including, but not limited to, credit cards, calling cards, keys, key fobs, identification badges, files, records, product samples, marketing materials, computer disks, tablets, printers, personal digital assistants, pagers, cellular telephones and all associated accessories for technology (e.g. power cords, mouse, etc.). 
(d)    To the extent that Executive transferred any confidential, proprietary, trade secret or other business information belonging to the Company and/or any of the Released Parties to any personal computer equipment or other personal electronic storage devices, or uploaded or downloaded such information to any cloud or other file sharing service to which Executive has or had access (including but not limited to Dropbox or Dropbox Free), Executive warrants that she has returned a true and correct electronic copy of the same to the Company and has otherwise properly disposed of such materials and fully deleted, appropriately removed and purged all electronic copies of the same from her personal computer equipment, other personal electronic devices, and any cloud or other file sharing service to which she had or has access in a manner reasonably performed to effectively prevent the disclosure to any third parties of any sensitive personal data and/or other confidential, proprietary, trade secret or other business information belonging to the Company and/or any of the Released Parties.
(e)    Notwithstanding anything contained in this Agreement or the Covenant Agreements, Executive understands that nothing shall preclude her from voluntarily disclosing or discussing any matter concerning the Company and/or the Released Parties with any Governmental Agencies, whether voluntarily or pursuant to a validly-served subpoena, as more specifically set forth in Paragraph 4(c) hereof, and that nothing in this Agreement precludes her from disclosing or discussing any factual information related to claims filed in civil courts or administrative agencies involving sexual assault or 

abuse, sexual harassment, and workplace harassment or discrimination based on sex or any other protected status, to the extent such disclosures are otherwise permitted by law and not subject to confidentiality restrictions.  Furthermore, Executive understands that, notwithstanding the non-disclosure obligations contained in the Covenant Agreements, pursuant to the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), nothing shall prohibit her from, and she will not be held criminally or civilly liable under any federal or state trade secret law for, the disclosure of a trade secret that is made: (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, solely for the purpose of reporting or investigating a suspected violation of law; or (ii) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal and, in any such event, she may disclose the trade secret to her attorney and use the trade secret information in the court proceeding, provided she files any documents containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order.     
		
	12.
	Non-Disparagement.

Executive represents that she has not made, and agrees that she will not make, now or ever in the future, publicly or privately, verbally or in writing, any false or defamatory remarks about any of the Released Parties and/or the conduct, operations or financial condition or business practices, policies or procedures of the Released Parties to any third party, and that she has not and will not make or solicit any comments, statements, or the like to the media or to others that may be considered false or defamatory to or about any of the Released Parties.
		
	13.
	Cooperation.

 (a)    Executive agrees to cooperate in good faith and to timely respond to all requests from or inquiries by the Company or any of the other Released Parties for assistance and information in connection with any matters or issues relating to or encompassed within her former duties and responsibilities performed for the Company and/or any of its related or affiliated companies, whether requests are made by telephone, email or in-person meeting.  Executive also agrees to cooperate in good faith with the Company and all other Released Parties in connection with any transition matters and with any defense, prosecution or investigation concerning any actual or potential litigation, arbitration or administrative proceeding in which she may be involved or requested as a party, non-party or witness.
(b)    Executive understands and agrees that she will not be entitled to compensation for time spent testifying as a witness in depositions, at trial, or during any other hearing, nor shall she be entitled to compensation for any other time spent responding to Company inquiries or requests for information, meeting with the Company to provide information or assist with the orderly transition of her former job duties, or meeting with the Company’s attorneys or other agents or employees for investigatory interviews, fact gathering, or otherwise to prepare for testimony during any proceeding, although should Executive be called to testify as a witness before any tribunal or in any formal legal proceeding, she will be reimbursed for the reasonable costs of all associated travel, parking, and tolls.
		
	14.
	Responsibility for Taxes.

Executive understands and agrees that she will be solely responsible for all of her own individual tax liabilities and tax reporting obligations and consequences arising under any federal, state, local or other withholding laws or regulations, including without limitation, income, employment, social security, or other taxes, which may result from the payments or provision of any benefits to her under this Agreement and holds and shall hold the Released Parties harmless from and indemnify them for any and all liabilities, costs, fines, interest or penalties resulting from such laws or regulations.  Additionally, 

Executive agrees that the Released Parties shall not be required to pay any further sum to her, even if her tax or withholding consequences are not foreseeable at the time she signs this Agreement or are ultimately assessed in a manner which she does not anticipate at the time she signs this Agreement.  Executive agrees that she has not been provided any advice by any of the Released Parties regarding the tax or withholding consequences of any consideration provided under this Agreement pursuant to any federal, state, local or other income or employment, social security, or other tax or withholding laws or regulations.  
		
	15.
	Compliance with Section 409A.

The Parties agree that, to the extent applicable, this Agreement shall be interpreted in accordance with, and each shall use their best efforts to achieve timely compliance with, Section 409A and the Department of Treasury Regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Effective Date.  Notwithstanding any provision of this Agreement to the contrary, in the event that the Company determines that the payments or other benefits provided hereunder may be subject to Section 409A, the Company reserves the right (without any obligation to do so or to indemnify Executive for failure to do so) to adopt such limited amendments to this Agreement and appropriate policies and procedures, including amendments and policies with retroactive effect, that the Company reasonably determines are necessary or appropriate to (a) exempt any payments made under this Agreement from Section 409A and/or preserve the intended tax treatment of the compensation and benefits provided with respect to this Agreement or (b) comply with the requirements of Section 409A.
		
	16.
	Successors and Assigns.

Executive understands and agrees that she may not assign this Agreement, and that it shall be binding upon herself and her heirs, administrators, representatives, executors, and successors.  Executive also understands and agrees that this Agreement shall be freely assignable by the Company without restriction and shall be deemed automatically assigned by the Company with her consent in the event of any sale, merger, share exchange, consolidation or other business reorganization.  Executive acknowledges and agrees that this Agreement shall be binding upon, and shall inure to the benefit of, the Company’s successors and assigns.  
		
	17.
	Consultation with Counsel; Reasonable Time to Consider Agreement During Review Period; Knowing and Voluntary Acceptance of this Agreement; Right and Time to Revoke; and Effective Date.    

(a)    Executive acknowledges that, through this writing, the Company has recommended that she consult with an attorney of her own choosing before signing this Agreement, that the time afforded to her to consider the terms of this Agreement provides her with a full and fair opportunity to locate and thoroughly discuss all aspects of her rights and this Agreement with an attorney to the extent she elects to do so, and that she has, in fact, so consulted an attorney or knowingly waived her right to consult an attorney.  
(b)    Executive understands that she has forty-five (45) calendar days from her receipt of this Agreement to consider this Agreement before signing it, except that if the last day of that period ends on a Saturday, Sunday or holiday observed by the Company, she shall have until the conclusion of the next immediate business day (the “Review Period”).  Executive also understands that she may use as much of the Review Period as she wishes before signing this Agreement and that she may use all of the Review Period.  Executive agrees that any material or immaterial changes to this Agreement made at any time 

will not restart the running of her Review Period and that her right to accept the terms and benefits of this Agreement will not extend beyond the expiration of the Review Period.      
(c)    Executive may accept this Agreement by sending a signed, dated and notarized original to the Company by hand-delivery, first class U.S. mail, certified mail, or overnight mail to Katrona Tyrrell, Chief People Officer, FARO Technologies, Inc., 250 Technology Park, Lake Mary, FL 32746, postmarked no later than the close of business on the last day of the Review Period.  To the extent that she signs this Agreement and returns it to the Company prior to the expiration of the Review Period, Executive warrants that she has voluntarily and knowingly waived the remainder of the Review Period and agrees that her decision to accept a shortened period of time was not induced by any of the Released Parties through fraud, misrepresentation, a threat to withdraw the offer or alter the offer prior to the expiration of the Review Period, or by providing different terms to workers who sign releases before the expiration of such periods.  
(d)    By signing this Agreement, Executive warrants that she has carefully read and fully understands all of the terms and provisions of this Agreement, is physically and mentally competent to execute this Agreement, and is knowingly and voluntarily signing this Agreement of her own free will, act and deed.  Executive further warrants that she has made such investigation of the facts pertaining to this Agreement and all matters contained herein as she deems necessary, desirable and appropriate, and agrees that her Release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission following the Effective Date of this Agreement by reason of any later discovery of new, different or additional facts.  
(e)    Executive understands that, following her execution of the Agreement, she will have an additional period of seven (7) calendar days to revoke her acceptance of this Agreement by delivering written notification of any such revocation to the Company no later than the close of business on the seventh (7th) calendar day after she signs it, except that if the last day of that period falls on a Saturday, Sunday or holiday observed by Company, she will have until the conclusion of the next immediate business day (the “Revocation Period”).  Written notification of revocation may be delivered by hand delivery, first class U.S. mail, certified mail or overnight mail sent to Katrona Tyrrell, Chief People Officer, FARO Technologies, Inc., 250 Technology Park, Lake Mary, FL 32746, provided that such written notification of revocation must be received by Company no later than the close of business on the last day of the Revocation Period to be effective.  If Executive timely revokes this Agreement during the Revocation Period, the Agreement will not be effective and enforceable, and she will not receive any of the payments or other benefits described in Section 6 and its subparagraphs above.
(f)    The “Effective Date” used throughout this Agreement means the first (1st) calendar day after the Revocation Period expires, on which date the terms of this Agreement shall be fully effective and enforceable provided that Executive has not timely served a notice of revocation upon the Company prior to that date.
		
	18.
	Governing Law and Venue.

This Agreement shall in all respects be interpreted, enforced and governed under the laws of the State of Florida, exclusive of any choice of law rules.  Any disputes concerning this Agreement shall be brought in, and the Parties hereby consent to the personal jurisdiction of, the state and federal courts of the State of Florida (to the extent that subject matter jurisdiction exists only).  

		
	19.
	Severability.

The terms of this Agreement are severable and shall be deemed to consist of a series of separate covenants.  Should any term of this Agreement be found, declared or determined to be void, illegal, invalid or unenforceable by a court of competent jurisdiction, that term shall be modified by the court to make it enforceable and/or severed from this Agreement, but all other terms shall remain in full force and effect.
		
	20.
	Proper Construction.

This Agreement shall not be construed against the Released Parties, and any interpretation of this Agreement by the Released Parties shall be binding on the Parties unless held by a court of competent jurisdiction to be arbitrary and capricious. 
		
	21.
	Amendments.

This Agreement may be modified, altered or terminated only by an express written agreement between the Company and Executive, which agreement must be signed by Executive and a duly authorized representative of the Company, and expressly reference and attach a copy of this Agreement to be effective.
		
	22.
	Entire Agreement.

This Agreement comprises the entire agreement between Executive and the Company and fully supersedes any and all prior agreements or understandings between the Parties pertaining to Executive’s employment, although both Parties agree that this Agreement does not and shall not be construed as altering, modifying, and supplanting or in any way changing or affecting the continued enforceability of the Covenant Agreements that Executive previously entered with the Company, the terms of which Executive acknowledges and agrees remain fully effective and enforceable except as expressly amended in Paragraph 11(e) hereof.  
IN WITNESS WHEREOF, intending to be forever legally bound hereby, the Parties have executed this Agreement, being eleven (11) pages in total length, including its Acknowledgment.    

Dated: August 22, 2019            /s/ Kathleen J. Hall
Kathleen J. Hall

FARO TECHNOLOGIES, INC.

Dated: August 26, 2019        By:     /s/ Katrona Tyrrell
Katrona Tyrrell
Chief People OfficerExhibit 10.1

    

    
       

      
        EXECUTION VERSION

         

        

        EMPLOYMENT AGREEMENT

       

      This Employment Agreement (the “Agreement”) is made is made this 26th day of August 2019 and is effective for all purposes as of October 1, 2019 (the “Effective Date”) by and between
        Internap Corporation (“Company”) and Michael T. Sicoli (“Executive”).

       

      WHEREAS, Executive desires to serve as the President and Chief Financial Officer of  the Company in exchange for the protection and other consideration set forth in this Agreement.

       

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

       

      ARTICLE I

      EMPLOYMENT

       

      1.1          Employment.  Company agrees to employ Executive and Executive hereby accepts such employment with the Company upon the terms and conditions set forth in this Agreement, for the
        three-year period (the “Employment Period”) beginning on October 1, 2019 (“Start Date”) and ending on October 1, 2022, but such employment shall automatically renew on the same terms and conditions set forth herein for additional one-year periods
        (each a “Renewal Year”) unless the Company or Executive gives the other party appropriate notice of its election not to renew the Employment Period prior to the renewal date.  If this Agreement is renewed in accordance with this Section, each
        Renewal Year shall be included in the definition of “Employment Period” for purposes of this Agreement.  If this Agreement is not renewed in accordance with this Section, or is otherwise terminated hereunder (i) Executive’s employment shall
        terminate, and (ii) this Agreement shall no longer be in effect; provided, however, that the restrictive covenants and all post-termination obligations of both the Company and Executive contained in this Agreement shall survive termination of this
        Agreement.  For the avoidance of doubt, the term “Employment Period” shall include the initial three-year term and each Renewal Year, and a Termination of Employment by the Company for non-renewal of the Employment Period shall be considered a
        termination by the Company without Cause and shall be treated as a Qualifying Termination hereunder.

       

      1.2          Position and Duties.

       

      (a)          Commencing on the Start Date and continuing during the Employment Period, Executive shall serve as President and Chief Financial Officer (the “President and CFO”) of the Company,
        reporting to the Chief Executive Officer and shall perform such duties as may be assigned to him by the Chief Executive Officer and the Board.  The Company’s Northern Virginia office shall be the Executive’s primary work location and office.

       

      (b)         Executive may serve on no more than one (1) outside board of directors and any such appointment or election to a board shall require the Board’s consent.  Notwithstanding anything to
        the contrary in this Agreement, Executive shall be permitted to: (i) manage his personal and family investments; and (ii) provide services to charitable and/or civic organizations (including holding board, trustee or similar positions); in each
        case, so long as such activity does not interfere with the Executive’s performance of services to the Company or violate Executive’s obligations under ARTICLE V.

       

      
        
          

      

      
      1.3          Base Salary, Bonus and Benefits.

       

      (a)          During the Employment Period, the Company shall pay Executive an annual base salary (“Base Salary”) of Three Hundred Fifty Thousand Dollars ($350,000.00) in accordance with the
        Company’s normal payroll practices, subject to deductions for required federal and state income withholding taxes and social security taxes.  Executive’s Base Salary may be increased (but not decreased) as recommended by the Compensation Committee
        of the Board (the “Compensation Committee”) and approved by the Board based upon Executive’s performance and the Company’s performance, as determined in the sole and absolute discretion of theCompensation Committee and the Board.

       

      (b)        Executive shall be entitled to the opportunity to earn annual calendar year performance bonuses under the Company’s short-term incentive plan (“STIP”), with a target cash bonus of 75% of
        Base Salary earned during a calendar year (“Target Bonus Amount”) in accordance with performance objectives as determined by the Compensation Committee.  Upon the recommendation of the Compensation Committee, the Executive will be able to achieve a
        maximum potential cash bonus of 150% of Base Salary for achievement of performance goals.  Notwithstanding the foregoing, Executive shall receive a cash bonus for 2019 of Sixty-Five Thousand Six Hundred Fifty Dollars ($65,650.00).  All bonus
        payments shall be paid in a lump sum cash payment, subject to deductions for required federal and state income withholding taxes and social security taxes.  The bonus shall be payable in the calendar year following the calendar year in which the
        performance objectives for such bonus are measured, but no later than March 15 of such following year.

       

      (c)          Executive shall be entitled, during the Employment Period, to participate in all retirement, disability, savings, health, medical, dental, insurance, paid time off, and other fringe
        benefits or plans of the Company, if any, generally available to senior executives.  During the Employment Period, the Executive shall be entitled to a minimum of four (4) weeks (twenty (20) business days) of paid time off each calendar year,
        prorated for 2019.  The accrual, use, and carry over of such paid time off shall be governed by the Company’s leave policies.

       

      (d)          The Company will pay or reimburse the Executive for up to Fifteen Thousand Dollars ($15,000) in out of pocket legal expenses for the negotiation of this Agreement.  The payment or
        reimbursement pursuant to this Section 1.3(d) shall be subject to the submission to the Company by the Executive of appropriate documentation and/or invoices in accordance with the customary procedures of the Company for expense reimbursement, as
        such procedures may be revised by the Company from time to time.  It is agreed that the payment or reimbursement pursuant to this Section 1.3(d) shall be considered a working condition fringe benefit for federal tax purposes.

       

      (e)          The Company shall reimburse Executive for all travel and other reasonable business expenses and any other out of pocket business expenses incurred in connection with the performance of
        his duties hereunder subject to (i) such expense reimbursement policies as the Company may from time to time establish, and (ii) Executive furnishing the Company with evidence in the form of receipts satisfactory to the Company substantiating the
        claimed expenditures.

       

      
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      1.4          Equity Awards, Incentive Compensation Plans, Special Bonuses.

       

      (a)          Contingent on the Executive reporting for employment on the Start Date, the Board has approved a grant (the “Award”) to the Executive, as of the Start Date, of an award of restricted
        stock with respect to 150,000 shares of common stock of the Company, par value $0.01 per share (“Stock”), which award shall be made and the restrictions shall lapse and the Award shall vest in accordance with the terms of the Executive’s Notice of
        Grant of Restricted Stock, a copy of which is attached hereto as Exhibit A.  The terms and conditions of the Award are set forth in, and subject to, that certain Restricted Stock Inducement Award Agreement between Executive and the Company, a copy
        of which is attached hereto as Exhibit B.  Executive shall not be entitled to any additional equity grants during the Employment Period, unless otherwise determined by the Board, in its sole and absolute discretion, or as required by Section
        1.4(b).

       

      (b)          In the event that the number of shares of Stock increases or is reduced on account of a stock split, stock dividend, reverse split or similar corporate event, then the number of shares
        of Stock to which the Executive is entitled pursuant to any award under this Agreement shall be appropriately adjusted to prevent dilution or enlargement of the rights of the Executive pursuant to this Agreement.

       

      (c)          The Company shall register any shares of Stock underlying equity-based compensation awarded to the Executive on an SEC Form S-8.

       

      ARTICLE II

      TERMINATION

       

      2.1          Termination.  This Agreement and Executive’s employment may be terminated by any of the following events:

       

      (a)          Qualifying Termination other than during a Protection Period;

       

      (b)          Qualifying Termination during a Protection Period; or

       

      (c)          Termination other than a Qualifying Termination.

       

      2.2          Resignation.  Upon Termination of Employment for any reason, Executive shall deliver to the Company a written resignation from all offices, memberships on the Board, and fiduciary
        positions in which Executive serves.

       

      
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      ARTICLE III

      TERMINATION BENEFITS

       

      3.1          General Termination Benefits.  If Executive incurs a Qualifying Termination other than during a Protection Period, Executive will receive the following termination benefits:

       

      (a)          Severance Pay.  Subject to Section 3.4 and ARTICLE IV, the Executive will receive Severance Pay in equal monthly installments payable over a twelve (12) month period, in accordance
        with the Company’s normal payroll schedule, beginning with the first such date following the date that the general release required pursuant to ARTICLE IV has been delivered to the Company and is fully executed and becomes irrevocable in accordance
        with its terms;  provided, however, that if Severance Pay is deferred compensation subject to Section 409A of the Code and the period that Severance Pay may commence spans more than one calendar year (as a result of the period during which
        Executive may consider executing such general release, or has the right to revoke the general release, spanning more than one calendar year), Severance Pay shall not commence or be paid until the second calendar year.

       

      (b)         COBRA Premiums.  Subject to ARTICLE IV, if the Executive timely elects continued coverage pursuant to COBRA under one or more of the Company’s group health plans, the Company will pay,
        until the end of the COBRA Payment Period, the monthly COBRA premium for such coverage.

       

      (c)          Accrued Obligations.  The Executive will be entitled to payment of (i) any earned and unpaid Base Salary as of Termination of Employment and, if required by applicable law or the
        Company’s applicable policy as of Termination of Employment, any accrued but unused paid time off through Termination of Employment, (ii) any earned but unpaid other amounts due as of the Termination of Employment, including, but not limited to,
        any unpaid, earned performance bonus pursuant to Section 1.3(b) for any prior calendar year, and (iii) any unreimbursed business expenses incurred by the Executive on or before Termination  of Employment (the “Accrued Obligations”).  Accrued
        Obligations described in clause (i) above will be paid as part of Executive’s final ordinary payroll payment from Company for active employment or contemporaneously with such payment, but in no event later than thirty (30) days after such
        Termination of Employment.  Accrued Obligations described in clause (ii) above will be paid in accordance with the terms of the plan under which they arose (including with respect to time of payment or distribution), and shall be paid at the same
        time as similar payments are made to other Company executives.  Accrued Obligations described in clause (iii) above will be paid in accordance with the Company’s expense reimbursement policy.

       

      (d)         Equity Compensation Adjustments.  Any equity-based compensation awards granted to the Executive by Company under an Equity Agreement will be governed by the terms of such awards and
        such Equity Agreement.  Following Executive’s Termination of Employment, Company will not grant the Executive any equity-based compensation awards.

       

      (e)          401(k) Savings Plan.  The terms of the 401(k) Savings Plan will govern the Executive’s account balance, if any, under such 401(k) Savings Plan.

       

      Company’s obligations pursuant to this Section 3.1 shall survive Executive’s death.

       

      
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      3.2          Termination Benefits in Connection with a Change of Control.  If Executive incurs a Qualifying Termination during a Protection Period, Executive will receive the following termination
        benefits:

       

      (a)          Severance Pay.

       

      (i)          Subject to Section 3.4 and ARTICLE IV, Executive will receive Severance Pay in a single lump-sum cash payment on the first Company payroll date that follows the
        latest of (1) Executive’s Qualifying Termination, (2) the date of the Change of Control, or (3) the date that the general release required pursuant to ARTICLE IV is executed and delivered to Company and becomes irrevocable in accordance with its
        terms by such date; provided, however, that if Severance Pay is deferred compensation subject to Section 409A of the Code and the period that Severance Pay could be paid spans more than one calendar year (as a result of the period during which
        Executive may consider executing such general release, or has the right to revoke the general release, spanning more than one calendar year), Severance Pay shall be not be paid until the second calendar year..

       

      (ii)          In the event of any conflict between the provisions of Section 3.1(a) and the provisions of this Section 3.2(a), which arises because of a Qualifying Termination
        during a Protection Period, the provisions of this Section 3.2(a), and not Section 3.1(a) shall control, except that the amount payable pursuant to this Section 3.2(a) will be reduced by the aggregate dollar amount previously paid under Section
        3.1(a).

       

      (b)         COBRA Premiums.  Subject to ARTICLE IV, if the Executive timely elects continued coverage pursuant to COBRA under one or more of the Company’s group health plans, the Company will pay,
        until the end of the COBRA Payment Period, the monthly COBRA premium for such coverage, which is equal to monthly cost of the Executive’s group health plan coverage that the Company was paying as of Termination of Employment.

       

      (c)          Accrued Obligations.  The Executive will be entitled to payment of any Accrued Obligations in accordance with the provisions of Section 3.1(c) above.

       

      (d)          Equity Compensation Adjustments.  Any equity-based compensation awards shall be treated in accordance with Section 3.1(c).

       

      (e)          401(k) Savings Plan.  The terms of the 401(k) Savings Plan will govern the Executive’s account balance, if any, under such 401(k) Savings Plan

       

      (f)           Conditional Cap on Severance Pay.

       

      If the Executive is a “disqualified individual” (as defined in Section 280G of the Code), and if the payments to the Executive pursuant to this Agreement (when considered with all other payments made to Executive
        which are “parachute payments” as defined in Section 280G of the Code) (the amount of all such payments, collectively, the “Parachute Payment”) result in the Executive becoming liable for the payment of any excise taxes pursuant to Section 4999 of
        the Code (“280G Excise Tax”), the Executive will receive either (i) the Parachute Payment or (ii) the Parachute Payment as reduced to avoid imposition of the 280G Excise Tax (the “Conditional Capped Amount”), whichever of clauses (i) and (ii),
        after taking into account applicable federal, state, and local taxes and the 280G Excise Tax, results in the receipt by the Executive, on an after-tax basis, of the greatest portion of the Parachute Payment.

       

      

      
        5

        
          

      

      Not more than fourteen (14) days following the earlier of the Termination of Employment or the date on which the Executive’s right to parachute payments becomes reasonably likely to occur, Company will notify the
        Executive in writing (A) whether the severance benefits payable pursuant to this Section 3.2 when added to any other parachute payments to which the Executive is entitled exceed an amount equal to 299% (the “299% Amount”) of the Executive’s “base
        amount” as defined in Section 280G(b)(3) of the Code, (B) the amount that is equal to the 299% Amount, (C) whether the Parachute Payment or the Conditional Capped Amount pursuant to section 3.2(f)(ii) is greater on an after-tax basis and (C) if the
        Conditional Capped Amount is the greater amount, the amount that the Parachute Payment must be reduced to equal such amount.  Such reduction order may be elected by the Executive at the time to the extent legally permitted and not a violation of
        Code Section 280G or 409A and, if it is or is not elected within fifteen (15)  days of the notification, it shall be done in the following order: (a) all cash severance in the reverse order to be received, (b) all equity valued without regard to
        Treas. Reg. §1.280G-1, Q&A-24(c) in reverse order of vesting, and (c) all equity valued pursuant to Treas. Reg. §1.280G-1, Q&A-24(c) in reverse order of vesting.

      

      

      The calculation of the 299% Amount, the determination of whether the termination benefits described in Section 3.2(f)(i) or the Conditional Capped Amount described in Section 3.2(f)(ii) is greater on an after-tax
        basis and, if the Conditional Capped Amount in Section 3.2(f)(ii) is the greater amount, the determination of how much the Executive’s termination benefits must be reduced in order to avoid application of the 280G Excise Tax will be made by
        Company’s public accounting firm in accordance with section 280G of the Code or any successor provision thereto.  The costs of obtaining such determination will be borne by Company.

       

      Company’s obligations pursuant to this Section 3.2 shall survive Executive’s death.

       

      3.3          Termination Benefits in Connection with a Termination Other Than a Qualifying Termination.  If Executive has a Termination of Employment that is not described in Section 3.1 or 3.2,
        including due to death or Disability, Executive will receive the following termination benefits:

       

      (a)          Severance Pay.  The Executive will not receive any Severance Pay.

       

      (b)          Accrued Obligations.  The Executive or the Executive’s estate, as applicable, will be entitled to payment of any Accrued Obligations in accordance with the provisions of Section
        3.1(c).

       

      (c)          Equity Compensation Adjustments.  Any equity-based compensation awards shall be treated in accordance with Section 3.1(c).

       

      (d)          401(k) Savings Plan.  The terms of the 401(k) Savings Plan will govern the Executive’s account balance, if any, under such 401(k) Savings Plan.

       

      3.4          Code Section 409A.

       

      (a)          It is the intention of Company and the Executive that the provisions of this Agreement either (i) provide compensation that is not deferred compensation, or (ii) provide compensation
        that is deferred compensation exempt from Section 409A of the Code, or (iii) provide deferred compensation that complies with Section 409A of the Code and the rules, regulations and other authorities promulgated thereunder (including the transition
        rules thereof) (collectively, “409A”), and all provisions of this Agreement will be construed and interpreted in a manner consistent with this intent.

       

      
        6

        
          

      

      (b)         To the extent Executive is a “specified employee,” as defined in Section 409A(a)(2)(B)(i) of the Code and as determined in good faith by Company, notwithstanding the timing of payment
        provided in any other Section of this Agreement, no payment, distribution or benefit under this Agreement that constitutes a distribution of deferred compensation (within the meaning of Treasury Regulation Section 1.409A-1(b)) upon separation from
        service (within the meaning of Treasury Regulation Section 1.409A-1(h)), after taking into account all available exemptions, that would otherwise be payable during the six-month period after separation from service will be made during such
        six-month period.  If the payments are delayed as a result of the previous sentence, then on the first business day following the end of such six-month period (or such earlier date upon which such amount can be paid under 409A without resulting in
        a prohibited distribution, the Company shall pay the Executive (or the Executive’s estate) a lump-sum amount equal to the cumulative amount that would have otherwise been payable to the Executive during such period.

       

      (c)          In the event that Company determines that any provision of this Agreement that is subject to 409A does not comply with 409A, Company and Executive shall negotiate in good faith to
        amend or modify such provision to comply with 409Awith the objective that such amendment or modification will, to the greatest extent commercially practicable, maintain the economic value to Executive of such provision.

       

      (d)          For purposes of 409A, each installment of Severance Pay under Section 3.1(a) will be deemed to be a separate payment as permitted under Treasury Regulation Section 1.409A-2(b)(2)(iii).

       

      (e)          Notwithstanding anything to the contrary contained in this Agreement, a Qualifying Termination shall occur only to the extent that the Executive incurs a “separation from service” with
        the Company within the meaning of Treasury Regulation Section 1.l409A-1(h).

       

      (f)          Notwithstanding anything to the contrary contained in this Agreement, to the extent required to avoid accelerated taxation and/or tax penalties under 409A, expenses reimbursable to the
        Executive under this Agreement shall be paid to the Executive on or before the last day of the year following the year in which the expense was incurred and the amount of expenses eligible for reimbursement (and in-kind benefits provided to the
        Executive) during any one year may not effect amounts reimbursable or provided in any subsequent year.

       

      ARTICLE IV

       CONDITIONS TO PAYMENT OF TERMINATION BENEFITS

       

      As a condition of receiving Severance Pay and COBRA premium payments, Executive will be required to (a) within twenty-one (21) days or forty-five (45) days (depending on the circumstances of the Termination of
        Employment) following Termination of Employment execute and deliver to Company a general release of claims against Company, at the Company’s election, in such form as the Company then is regularly using with respect to terminated employees, and (b)
        comply, subject to Section 5.1 below, with the covenants set forth in ARTICLE V below.  In the event that Executive does not execute and deliver a general release as set forth above, or such release is revoked (but only to the extent revocation is
        permitted under the terms of such general release), then the Executive will forfeit all entitlement to any Severance Pay and COBRA premium payments.

        

      

      
        7

        
          

      

      ARTICLE V

       RESTRICTIVE COVENANTS

       

      5.1          Restrictive Covenants.

       

      (a)          Executive acknowledges and agrees that: (i) Executive (1) will serve Company as a Key Executive; and/or (2) will serve Company as a Professional; and/or (3) will customarily and
        regularly solicit Customers and/or Prospective Customers for Company; and/or (4) will customarily and regularly engage in making sales or obtaining orders or contracts for products or services to be provided or performed by others in Company;
        and/or (5) (A) will have a primary duty of managing a department or subdivision of Company, (B) will customarily and regularly direct the work of two (2) or more other employees, and (C) will have the authority to hire or fire other employees;
        and/or (ii) Executive’s position is a position of trust and responsibility with access to (1) Confidential Information, (2) Trade Secrets, (3) information concerning Internap Employees, (4) information concerning Customers of Company, and/or (5)
        information concerning Prospective Customers of Company.

       

      (b)          Executive represents and warrants that: (i) Executive is not subject to any legal or contractual duty or agreement that would prevent or prohibit Executive from performing Executive’s
        duties for the Company or complying with this Agreement, and (ii) Executive is not in breach of any legal or contractual duty or agreement, including any agreement concerning trade secrets or confidential information, owned by any other person or
        entity.

       

      (c)          Executive further agrees that during Executive’s employment with the Company and in connection with the performance of Executive’s duties for the Company, Executive shall not breach
        any legal or contractual duty or agreement Executive entered into with any former employer or third party.

       

      (d)          Executive shall abide by the following both during and after Executive’s employment with Company for the periods specified below, whether or not Executive receives any benefits under
        this Agreement pursuant to ARTICLE III:

       

      (i)          Trade Secrets and Confidential Information.  Unless compelled to do so by judicial or regulatory process, an order of a court or other governmental or
        quasi-governmental body having jurisdiction over such matter, Executive shall not knowingly: (A) both during and after Executive’s employment with Company, use, disclose, reverse engineer, divulge, sell, exchange, furnish, give away, or transfer in
        any way the Trade Secrets or the Confidential Information (regardless of when obtained) for any purpose other than Company’s Business, except as authorized in writing by Company; (B) during Executive’s employment with Company, use, disclose,
        reverse engineer, divulge, sell, exchange, furnish, give away, or transfer in any way (1) any confidential information or trade secrets of any former employer or third party, or (2) any works of authorship developed in whole or in part by Executive
        during any former employment or for any other party, unless authorized in writing by the former employer or third party; or (C) upon Termination of Employment for any reason: (1) retain Trade Secrets or Confidential Information, including any
        copies existing in any form (including electronic form) which are in Executive’s possession or control, or (2) destroy, delete or alter the Trade Secrets or Confidential Information without Company’s prior written consent.  The obligations under
        this Agreement shall: (I) with regard to the Trade Secrets, remain in effect as long as the information constitutes a trade secret under applicable law; and (II) with regard to the Confidential Information, remain in effect for so long as such
        information constitutes Confidential Information as defined in this Agreement.

       

      
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      The confidentiality, property and proprietary rights protections available in this Agreement are in addition to, and not exclusive of, any and all other rights to which Company is entitled under
        federal and state law, including, but not limited to, rights provided under copyright laws, trade secret and confidential information laws, and laws concerning fiduciary duties.

       

      Notwithstanding anything to the contrary set forth in this Agreement, (i) pursuant to the Defend Trade Secrets Act of 2016 (18 U.S.C § 1833(b)(1)), no individual shall be held criminally or civilly
        liable under federal or state law for the disclosure of a trade secret that: (1) is made (x) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and (y) solely for the purpose of
        reporting or investigating a suspected violation of law; or (2) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal, and (ii) Executive shall not be prohibited from (1) exercising
        Executive’s rights under federal, state, or local law (including, but not limited to, Section 7 of the National Labor Relations Act or in acting as or cooperating with a whistleblower), (2) cooperating in a government or administrative
        investigation, or (3) revealing alleged criminal wrongdoing to law enforcement.

       

      (ii)          Non-Solicitation of Customers.  During the Restricted Period, Executive shall not, directly or indirectly, solicit any Customer of Company for the purpose of
        selling or providing any products or services competitive with the Business.  The restrictions set forth in this subsection shall apply only to those Customers (a) with whom or which Executive dealt on behalf of the Company, (b) whose dealings with
        the Company were coordinated or supervised by Executive, or (c) about whom Executive obtained Confidential Information in the ordinary course of business as a result of Executive’s association with the Company.

       

      (iii)        Non-Solicitation of Prospective Customers.  During the Restricted Period, Executive shall not, directly or indirectly, solicit any Prospective Customer of Company
        for the purpose of selling or providing any products or services competitive with the Business.  The restrictions set forth in this subsection apply only to Prospective Customers (a) with whom or which Executive dealt on behalf of the Company, (b)
        whose dealings with the Company were coordinated or supervised by Executive, or (c) about whom Executive obtained Confidential Information in the ordinary course of business as a result of Executive’s association with the Company.

       

      
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      (iv)        Non-Recruit of Employees.  During the Restricted Period, Executive shall not, directly or indirectly, solicit, recruit or induce any Internap Employee to (i)
        terminate his or her employment relationship with Company, or (ii) work for any other person or entity engaged in the Business.  For the avoidance of doubt, the foregoing restriction shall also include prohibiting Executive from knowingly
        disclosing to any third party the names, background information, or qualifications of any Internap Employee, or otherwise identifying any Internap Employee as a potential candidate for employment.  The restrictions set forth in this subsection
        shall apply only to Internap Employees (a) with whom Executive had Material Interaction, or (b) that Executive supervised.

       

      (v)         Non-Competition.  During the Restricted Period, Executive shall not, on Executive’s own behalf or on behalf of any person or entity, engage in the Business in the
        Territory.  For purposes of this subsection, the term “engage in the Business” shall include: (a) performing or participating in any activities which are the same as, or substantially similar to, activities which Executive performed or in which
        Executive participated, in whole or in part, for or on behalf of the Company; (b) performing activities or services about which Executive obtained Confidential Information or Trade Secrets as a result of Executive’s association with the Company;
        and/or (c) interfering with or negatively impacting the business relationship between the Company and a Customer, Prospective Customer, or any other third party about whom Executive obtained Confidential Information or Trade Secrets as a result of
        Executive’s association with the Company.

       

      (vi)         Definitions.  For purposes of this Section 5.1 only, capitalized terms shall be defined as follows:

       

      (A)          “Business” means (1) those activities, products and services that are the same as or similar to the activities conducted and products and services offered and/or
        provided by Company within two (2) years prior to termination of Executive’s employment with Company, and (2) the business of providing information technology (“IT”) infrastructure services that enable businesses to securely store, host, access and
        deliver their online applications and media content through the Internet.  Such services include, but are not limited to: (I) Internet connectivity, (II) colocation services, (III) hosting services, (IV) CDN services and (V) “Cloud” computing
        services.

       

      (B)          “Confidential Information” means (1) information of Company, to the extent not considered a Trade Secret under applicable law, that (I) relates to the business of
        Company, (II) was disclosed to Executive or of which Executive became aware of as a consequence of Executive’s relationship with Company, (III) possesses an element of value to, and (IV) is not generally known to Company’s competitors, and (2)
        information of any third party provided to Company which Company is obligated to treat as confidential, including, but not limited to, information provided to Company by its licensors, suppliers or customers.  Confidential Information includes, but
        is not limited to, (a) methods of operations, (b) price lists, (c) financial information and projections, (d) personnel data, (e) future business plans, (f) the composition, description, schematic or design of products, future products or equipment
        of Company or any third party, (g) advertising or marketing plans, and (h) information regarding independent contractors, employees, clients, licensors, suppliers, Customers, Prospective Customers or any third party, including, but not limited to,
        the names of Customers and Prospective Customers, Customer and Prospective Customer lists compiled by Company, and Customer and Prospective Customer information compiled by Company.  Confidential Information shall not include any information that
        (x) is or becomes generally available to the public other than as a result of an unauthorized disclosure by Executive, (y) has been independently developed and disclosed by others without violating this Agreement or the legal rights of any party,
        (z) was already known by the Executive prior to the commencement of his employment by the Company without restriction as to use or disclosure, or (aa) otherwise enters the public domain other than through unlawful means by Executive.

        

      

      
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      (C)          “Customer” means any person or entity to whom Company has sold its products or services.

       

      (D)         “Key Executive” means that, by reason of Company’s investment of time, training, money, trust, exposure to the public or exposure to Customers, vendors or other
        business relationships during the course of Executive’s employment with Company, Executive will gain a high level of notoriety, fame, reputation or public persona as Company’s representative or spokesperson; will gain a high level of influence or
        credibility with Customers, vendors or other business relationships; or will be intimately involved in the planning for or direction of the business of Company or a defined unit of Company’s business.  Such term also means that Executive possesses
        selective or specialized skills, learning or abilities or Customer contacts or Customer information by reason of having worked for Company.

       

      (E)          “Internap Employee” means any person who (I) is employed by Company at the time of Executive’s Termination of Employment, or (II) was employed by Company during the
        last six (6) months of Executive’s employment with Company.

       

      (F)          “Material Interaction” means any interaction with an Internap Employee which relates or related, directly or indirectly, to the performance of Executive’s or the
        Internap Employee’s duties for Company.

       

      (G)         “Professional” means an employee who has as a primary duty the performance of work requiring knowledge of an advanced type in a field of science or learning
        customarily acquired by a prolonged course of specialized intellectual instruction or requiring invention, imagination, originality or talent in a recognized field of artistic or creative endeavor.  Such term shall not include employees performing
        technician work using knowledge acquired through on-the-job and classroom training, rather than by acquiring the knowledge through prolonged academic study, such as might be performed, without limitation, by a mechanic, a manual laborer or a
        ministerial employee.

       

      (H)          “Prospective Customer” means any person or entity to whom Company has solicited to sell its products or services.

       

      
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      (I)          “Restricted Period” means the time period during Executive’s employment with Company, and (1) for twelve (12) months following Executive’s termination of employment
        with the Company if such termination is a Qualifying Termination, or (2) if Executive’s employment is terminated for any reason other than a Qualifying Termination, for nine (9) months following Executive’s termination of employment with the
        Company.

       

      (J)           “Territory” means the continental United States and those other countries in which the Company sells products or services during the Restricted Period.

       

      (K)          “Trade Secrets” means information of Company, and its licensors, suppliers, clients and customers, without regard to form, including, but not limited to, technical
        or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, a list of actual customers, clients, licensors or suppliers, or a list of
        potential customers, clients, licensors or suppliers which is not commonly known by or available to the public and which information (I) derives economic value, actual or potential, from not being generally known to, and not being readily
        ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use, and (II) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.

       

      5.2         Enforcement.  Upon Executive’s employment with an entity that is not an Affiliate of Company (a “Successor Employer”) during the period that the provisions of this ARTICLE V remain in
        effect, Executive will provide such Successor Employer with a copy of this Agreement and will notify Company of such employment within thirty (30) days thereof.  Upon the material, uncured, violation of any of the provisions of this ARTICLE V the
        payment of all severance benefits will cease, as applicable.  Such relief will apply regardless of when such violation is discovered.  Without by implication limiting the generality of the foregoing, Company may suspend any payments due under this
        Agreement pending the outcome of litigation regarding a breach of any provision of this Agreement or regarding a dispute arising from the subject matter of this Agreement.

       

      5.3         Independent Covenants.  Each of the covenants set forth in this ARTICLE V shall be construed as an agreement independent of (a) each of the other covenants set forth in this ARTICLE V,
        (b) any other agreements, or (c) any other provision in this Agreement, and the existence of any claim or cause of action by Executive against Company, whether predicated on this Agreement or otherwise, regardless of who was at fault and regardless
        of any claims that either Executive or Company may have against the other, shall not constitute a defense to the enforcement by Company of any of the covenants set forth in this ARTICLE V.  Company shall not be barred from enforcing any of the
        covenants set forth in this ARTICLE V by reason of any breach of any other part of this Agreement or any other agreement with Executive.

       

      5.4         Right of Offset.  If Executive is at any time indebted to Company, or otherwise obligated to pay money to Company for any reason, Company, at its election, may offset amounts otherwise
        payable to Executive under this Agreement against any such indebtedness or amounts due from Executive to Company, to the extent permitted by law, except that no offset may be applied to any deferred compensation that is not exempt from Section 409A
        of the Code.

       

      
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      5.5          Non-Disparagement.

       

      (a)          During Executive’s employment and following the termination of Executive’s employment with the Company for any reason, Executive shall not make any disparaging or defamatory
        statements, whether written or oral, regarding the Company, or any of its current or former officers, directors, shareholders, or employees.  Neither the Company nor any director or executive officer of the Company shall at any time knowingly make
        any disparaging or defamatory statements, whether written or oral, regarding the Executive.

       

      (b)         Nothing contained in this Agreement limits Executive’s ability to file a charge or complaint with the Equal Employment Opportunity Commission, the National Labor Relations Board, the
        Occupational Safety and Health Administration, the Securities and Exchange Commission (“SEC”), or any other federal, state or local governmental agency or commission (together, the “Government Agencies”).  This Agreement does not limit either
        party’s ability to 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 other
        party; provided, however, that Executive may not disclose Company information that is protected by the attorney-client privilege, except as expressly authorized by law.

       

      (c)          Nothing in Section 5.5(a) shall be construed to prohibit Executive, the Company or any other individual from taking good faith actions to enforce this Agreement or providing truthful
        testimony or information as may be required by law, rule, regulation, or legal process or as requested by any legal or regulatory authority, or from complying with any whistleblower law.

       

      ARTICLE VI

       DISPUTE RESOLUTION

       

      6.1         Venue and Jurisdiction.  Executive and Company agree that any and all claims arising out of or relating to this Agreement shall be (a) brought in a state court in the Commonwealth of
        Virginia, or (b) brought in or removed to the United States District Court for the Eastern District of Virginia.  Executive and the Company consent to the personal jurisdiction of the courts identified above.  Executive and the Company waive (a)
        any objection to jurisdiction or venue, or (b) any defense claiming lack of jurisdiction or venue, in any action brought in such courts.

       

      6.2          Entitlement to Injunctive Relief.  If Executive breaches any of the restrictions set forth in ARTICLE V, Executive agrees that: (a) Company would suffer irreparable harm; (b) it would
        be difficult to determine damages, and money damages alone would be an inadequate remedy for the injuries suffered by Company; and (c) if Company seeks injunctive relief to enforce this Agreement, Executive shall waive and shall not (i) assert any
        defense that Company has an adequate remedy at law with respect to the breach, (ii) require that Company submit proof of the economic value of any Trade Secret or Confidential Information, or (iii) require Company to post a bond or any other
        security.  Nothing contained in this Agreement shall limit Company’s right to any other remedies at law or in equity.

       

      
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      6.3          Fees and Expenses.

       

      (a)          Except as provided in Section 6.3(b) below, if Company or Executive sues in court against the other for a breach of any provision of this Agreement or regarding any dispute arising
        from the subject matter of this Agreement, the prevailing party will be entitled to recover its attorneys’ fees, and court costs, regardless of which party initiated the proceedings.  If there is no prevailing party, Company and Executive will each
        bear their own costs and attorneys’ fees incurred.

       

      (b)          If, subsequent to a Change of Control, (i) Company or Executive sues in court, or (ii) Company contests the validity, enforceability or the Executive’s interpretation of, or
        determinations under, this Agreement, Company will pay all legal fees, expenses and damages which the Executive may incur as a result of the Executive’s instituting legal action to enforce the rights hereunder.  If the Executive is the prevailing
        party or recovers any damages in such action, the Executive will be entitled to receive in addition thereto pre-judgment and post-judgment interest on the amount of such damages.

       

      ARTICLE VII

       MISCELLANEOUS PROVISIONS

       

      7.1         Executive Acknowledgement.  Executive is entering into this Agreement of Executive’s own free will.  Executive acknowledges that Executive has had adequate opportunity to review this
        Agreement and consult with counsel of Executive’s own choosing.  Executive represents that Executive has read and understands this Agreement, Executive is fully aware of this Agreement’s legal effect and has not acted in reliance upon any
        statements made by Company other than those set forth in writing in the Agreement.

       

      7.2          Cooperation.  Following termination of Executive’s employment for any reason, Executive shall reasonably cooperate with Company (including its employees, officers, directors, attorneys
        and representatives) and furnish complete and truthful information, testimony or affidavits in connection with any matters, including, but not limited to, any litigation, investigation or other dispute, about which Executive has knowledge or
        information.  If Executive has any contact with any party adverse to Company in any investigation, lawsuit or dispute, Executive agrees, if legally permitted to do so, to promptly notify the Company’s General Counsel first by telephone and as soon
        as possible thereafter in writing, provided that the foregoing shall not apply to any contact with a potential “whistleblower” or if Executive is a “whistleblower.”

       

      7.3          Successors and Assigns.  The rights and obligations of Company under this Agreement will inure to the benefit of and will be binding upon the successors and assigns of Company. 
        Company will require any successor (whether direct or indirect, by purchase, merger, consolidation, sale of assets or otherwise) to all or substantially all of the business and/or assets of Company, by a written agreement in form and substance
        reasonably satisfactory to Executive, to assume expressly and agree to perform this Agreement in the same manner and to the same extent that Company would be required to perform it if no such succession had taken place.  This Agreement is personal
        to Executive and without the prior written consent of Company is not assignable by Executive otherwise than by will or the laws of descent and distribution.  This Agreement will inure to the benefit of and be enforceable by Executive’s personal and
        legal representatives, executors, administrators, heirs, distributes, devisees and legatees.

       

      
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      7.4          Amendment.  This Agreement will not be modified, changed or in any way amended except by an instrument in writing signed by Company and the Executive.

       

      7.5         Severability.  The provisions of this Agreement are severable.  If any provision of this Agreement is determined to be unenforceable, in whole or in part, then such provision shall be
        modified so as to be enforceable to the maximum extent permitted by law.  If such provision cannot be modified to be enforceable, the provision shall be severed from this Agreement to the extent unenforceable.  The remaining provisions and any
        partially enforceable provisions shall remain in full force and effect.

       

      7.6         Integration.  The provisions of this Agreement, the Indemnity Agreement attached hereto as Exhibit C, the Employment Covenants Agreement attached as Exhibit D, the Restricted Stock
        Inducement Award Agreement, and the Notice of Grant of Restricted Stock, and any other exhibits hereto constitute the entire and complete understanding and agreement between the parties with respect to the subject matter hereof, and supersede all
        prior and contemporaneous oral and written agreements, representations and understandings of the parties, including without limitation Company’s severance policy, any change of control agreement and employment agreement (including any offer letter)
        between Executive and Company, which are hereby terminated with respect to Executive.

       

      7.7          Choice of Law.  THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE COMMONWEALTH OF VIRGINIA WITHOUT REFERENCE TO PRINCIPLES OF CONFLICTS OF LAWS OF
        VIRGINIA OR ANY OTHER JURISDICTION, AND, WHERE APPLICABLE, THE LAWS OF THE UNITED STATES.

       

      7.8          Survival.  The provisions of ARTICLE III, ARTICLE IV, ARTICLE V, ARTICLE VI, ARTICLE VII and ARTICLE VIII will survive the termination of this Agreement.  The existence of any claim or
        cause of action of Executive against the Company, whether predicated on this Agreement or otherwise, will not constitute a defense to the enforcement by the Company of the covenants of the Executive contained in this Agreement, including but not
        limited to those contained in ARTICLE IV.

       

      7.9          No Waiver.  No waiver by either party at any time of any breach by the other party of, or compliance with, any condition or provision of this Agreement to be performed by the other
        party will be deemed a waiver of similar or dissimilar provisions or conditions at any time.

       

      7.10        Notice.  For all purposes of this Agreement, all communications required or permitted to be given under this Agreement will be in writing and will be deemed to have been duly given when
        hand delivered or dispatched by electronic facsimile transmission (with receipt thereof confirmed), or five business days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or two
        business days after having been sent by a nationally recognized overnight courier service, addressed to Company at its principal executive office, to Company’s General Counsel, and to Executive at the Executive’s principal residence, or to such
        other address as any party may have furnished to the other in writing, except that notices of change of address will be effective only upon receipt.

       

      7.11        Counterparts.  This Agreement shall be executed by Company and Executive in one or more counterparts which, taken together, shall constitute one original.

       

      
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      7.12       Construction.  This Agreement is deemed to be drafted equally by both Executive and Company and will be construed as a whole and according to its fair meaning.  Any presumption or
        principle that the language of this Agreement is to be construed against any party will not apply.  The headings in this Agreement are only for convenience and are not intended to affect construction or interpretation.  Any references to
        paragraphs, subparagraphs, sections, subsections or clauses are to those parts of this Agreement, unless the context clearly indicates to the contrary.

       

      7.13        No Mitigation.  In no event will Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the
        provisions of this Agreement and such amounts will not be reduced whether or not the Executive obtains other employment.

       

      7.14        Withholding.  Company may deduct and withhold from any amounts payable under this Agreement such Federal, state, local, foreign or other taxes as are required to be withheld pursuant to
        any applicable law or regulation.

       

      ARTICLE VIII

       DEFINITIONS

       

      8.1          “Affiliate” means a corporation that is a member of a controlled group of corporations (as defined in section 414(b) of the Code) that includes Company, any trade or business (whether
        or not incorporated) that is in common control (as defined in section 414(c) of the Code) with Company, or any entity that is a member of the same affiliated service group (as defined in section 414(m) of the Code) as Company.

       

      8.2          “Board” means the board of directors of the Company.

       

      8.3          “Cause” means: the occurrence of any of the following: (i) the willful and continued failure by the Executive to substantially perform his material duties to the Company (other than
        due to Executive’s Disability or any such actual or anticipated failure after Executive’s issuance of a Notice of Termination (as defined below) for Good Reason) after a written demand for substantial performance is delivered to the Executive by
        the Board, which demand specifically identifies the manner in which the Board believes that Executive has not substantially performed his duties (ii) Executive’s willful and continued failure to substantially follow and comply with such specific
        and lawful directives of the Board that are not inconsistent with Executive’s position as President and CFO of the Company (other than any such failure resulting from Executive’s incapacity due to physical or mental illness or any such actual or
        anticipated failure after Executive’s issuance of a Notice of Termination for Good Reason) after a written demand for substantial performance is delivered to Executive by the Board, which demand specifically identifies the manner in which the Board
        believes that Executive has not substantially performed his duties), (iii) the Executive has been convicted of or pleaded nolo contendere to a felony involving moral turpitude, or (iv) the Executive has engaged in fraud against the Company or
        misappropriated Company property or the property of the Company’s Affiliates (other than incidental property) resulting in a material economic or financial injury to the Company or any Affiliate.

       

      
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      8.4          “Change of Control” means any of the following occurrences which is also a change in the ownership or effective ownership of the Company or of a substantial portion of its assets
        within the meaning of Treas. Reg. §1.409A-3(i)(5):

       

      (a)          An acquisition, or a series of acquisitions within a 12 month period, by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange
        Act of 1934, as amended (the “1934 Act”) (an “Entity”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the 1934 Act) of  30% or more of either (i) the then outstanding shares of the Company’s Stock (the “Outstanding
        Stock”) or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Voting Securities”); excluding, however, the following: (A) any acquisition
        directly from the Company, other than an acquisition by virtue of the exercise of a conversion privilege unless the security being so converted was itself acquired directly from the Company, (B) any acquisition by the Company, (C) any acquisition
        by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the Company, or (D) any acquisition by any corporation pursuant to a transaction which complies with clauses (i), (ii) and (iii)
        of subsection (d) of this Section;

       

      (b)          Any Entity becomes the beneficial owner, as defined in Rule 13d-3 under the Exchange Act, directly or indirectly, of more than 50% of either (i) the Outstanding Stock or (ii) the
        Outstanding Voting Securities; excluding, however, the following: (A) any acquisition directly from the Company, other than an acquisition by virtue of the exercise of a conversion privilege unless the security being so converted was itself
        acquired directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the Company, or (D) any acquisition
        by any corporation pursuant to a transaction which complies with clauses (i), (ii) and (iii) of subsection (d) of this Section;

       

      (c)          A change in the composition of the Board such that the individuals who, as of the Effective Date, constitute the Board (such Board shall be hereinafter referred to as the “Incumbent
        Board”), cease for any reason to constitute at least a majority of the Board; provided, however, that for purposes of this definition, any individual who becomes a member of the Board subsequent to the Effective Date whose election, or nomination
        for election, by the Company’s stockholders was approved by a vote of at least a majority of those individuals who are members of the Board and who were also members of the Incumbent Board (or deemed to be such pursuant to this proviso), shall be
        considered as though such individual were a member of the Incumbent Board; and provided, further however, that any such individual whose initial assumption of office occurs as a result of or in connection with either an actual or threatened
        election contest (as such terms are used in Rule 14a-11 of Regulation 14A promulgated under the 1934 Act) or other actual or threatened solicitation of proxies or consents by or on behalf of an Entity other than the Board shall not be so considered
        as a member of the Incumbent Board;

       

      
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      (d)          The consummation of a merger, reorganization or consolidation or sale or other disposition of all or substantially all of the assets of the Company (each, a “Corporate Transaction”);
        excluding however, such a Corporate Transaction pursuant to which (i) all or substantially all of the individuals and entities who are the beneficial owners, respectively, of the Outstanding Stock and Outstanding Voting Securities immediately prior
        to such Corporate Transaction will beneficially own, directly or indirectly, more than 60% of, respectively, the outstanding shares of common stock, and the combined voting power of the then outstanding voting securities entitled to vote generally
        in the election of directors, as the case may be, of the corporation resulting from such Corporate Transaction (including, without limitation, a Parent (“Parent” means any corporation which is a parent corporation
          (within the meaning of Section 424(e) of the Code) of the Company)) in substantially the same proportions as their ownership, immediately prior to such Corporate Transaction, of the Outstanding Stock and Outstanding Voting Securities, as
        the case may be, (ii) no Entity (other than the Company, any employee benefit plan (or related trust) of the Company, such corporation resulting from such Corporate Transaction or, if reference was made to equity ownership of any Parent for
        purposes of determining whether clause (i) above is satisfied in connection with the applicable Corporate Transaction, such Parent) will beneficially own, directly or indirectly, 50% or more of, respectively, the outstanding shares of common stock
        of the corporation resulting from such Corporate Transaction or the combined voting power of the outstanding voting securities of such corporation entitled to vote generally in the election of directors unless such ownership resulted solely from
        ownership of securities of the Company prior to the Corporate Transaction, and (iii) individuals who were members of the Incumbent Board will immediately after the consummation of the Corporate Transaction constitute at least a majority of the
        members of the board of directors of the corporation resulting from such Corporate Transaction (or, if reference was made to equity ownership of any Parent for purposes of determining whether clause (i) above is satisfied in connection with the
        applicable Corporate Transaction, of the Parent); or

       

      (e)          The approval by the stockholders of the Company of a complete liquidation or dissolution of the Company.

       

      8.5          “COBRA Payment Period” means twelve (12) months.

       

      8.6          “Code” means the Internal Revenue Code of 1986, as amended.

       

      8.7          “Disability” means, in Company’s sole discretion, Executive becomes mentally or physically impaired or disabled such that Executive is unable to perform Executive’s duties and
        responsibilities hereunder for a period of at least one hundred twenty (120) days in the aggregate during any one hundred fifty (150) consecutive day period.

       

      8.8          “Equity Agreement” means any equity plan, agreement or arrangement maintained or sponsored by Company in which Executive is a participant.

       

      8.9          “Good Reason” shall mean the Termination of Employment by Executive for any of the following reasons:

       

      (i)           a material reduction in the Executive’s Base Salary or Target Bonus Amount as in effect on the date hereof, or as the same may be increased from time to time,
        during the Employment Period;

       

      (ii)          a material change in the geographic location at which Executive must perform services for the Company,

       

      (iii)         a material reduction in Executive’s, responsibilities or duties during the Employment Period;

       

      (iv)         an adverse change to Executive’s title as President and CFO;

       

      (v)          any change in reporting such that Executive does not report directly to the Chief Executive Officer; or

       

      
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      (vi)         a material breach of this Agreement by the Company;

       

      provided, in each case, that the Executive has not consented to or waived in writing compliance with, as applicable, any of the foregoing.  Notwithstanding the foregoing, the Executive’s
        resignation shall not be considered a Qualifying Termination unless the Executive provides the Company with at least thirty (30) days’ prior written notice of his intent to resign for one of the reasons enumerated above within ninety (90) days of
        the existence of such reason, and the Company does not remedy the alleged violation(s) within such thirty (30) day period.

       

      8.10        “401(k) Savings Plan” means the Internap 401(k) Savings Plan or any other qualified retirement plan with a cash or deferred arrangement that is maintained or sponsored by Company or any
        Affiliate in which Executive is a participant.

       

      8.11        “Notice of Termination” means a notice that shall indicate the specific termination provision in this Agreement (if any) relied upon and shall set forth in reasonable detail the facts
        and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated.  Any purported termination of Executive’s employment by the Company or by Executive (other than termination due to Executive’s
        death, which shall terminate Executive’s employment automatically) shall be communicated by a written Notice of Termination to the other party hereto in accordance with Section 7.10.

       

      8.12       “Protection Period” means the period beginning on the date that is one hundred twenty (120) days prior to the occurrence of a Change of Control, provided that the Change of Control
        involves a strategic or financial buyer who had been in communication and/or negotiations with the Company prior to the termination of Executive’s employment, and ending twenty-four (24) months following the occurrence of a Change of Control.

       

      8.13        “Qualifying Termination” means

       

      (a)           In the case of any Termination of Employment other than during a Protection Period, “Qualifying Termination” shall mean:

       

      (i)           the Termination of Employment by Company for any reason other than Cause, Disability or death;

       

      (ii)          the Termination of Employment by Executive for Good Reason; or

       

      (iii)         the election by the Company not to renew the Employment Period.

       

      (b)          In the case of any Termination of Employment during a Protection Period, “Qualifying Termination” shall mean:

       

      (i)           the Termination of Employment by Company for any reason other than Cause, Disability or death;

       

      (ii)          the Termination of Employment by Executive for Good Reason; or

       

      (iii)         the election by the Company not to renew the Employment Period.

       

      
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      (c)         Notwithstanding anything to the contrary contained herein, any amounts or benefits payable upon a Qualifying Termination that would constitute non-exempt “deferred compensation” for
        purposes of Section 409A of the Code and applicable regulations will not be payable or distributable to Executive by reason of such circumstance unless the circumstances giving rise to such Qualifying Termination meet any description or definition
        of “separation from service” in Section 409A of the Code and applicable regulations (without giving effect to any elective provisions that may be available under such definition).  If this provision prevents the payment or distribution of any
        amount or benefit, such payment or distribution shall be made on the date, if any, on which an event occurs that constitutes a Section 409A-compliant “separation from service.”

       

      (d)          In the event that Executive is employed by a subsidiary of Company and not Company, for purposes of the term “Qualifying Termination,” “Company” will include such subsidiary.

       

      8.14       “Severance Pay” (a) in the event that Section 3.1 is applicable, means cash severance payments in an amount equal to the Executive’s Base Salary as of Termination of Employment, plus
        Executive’s annual Target Bonus Amount under the Company’s STIP, or other applicable short term bonus plan in effect as of Executive’s Termination of Employment, or (b) in the event that Section 3.2 is applicable, means cash severance payments in
        an amount equal to one and one half (1.5) times the sum in the preceding clause (a).

       

      8.15        “Termination of Employment” means the date on which Executive ceases to perform duties for Company and its Affiliates.  If Executive ceases to perform duties for Company or an
        Affiliate, but continues to perform services for another Affiliate (including Company), then Executive will not be considered to have had a “Termination of Employment” even if the two entities are no longer related through stock ownership.

       

      [Signature page follows]

       

      
        20

        
          

      

      IN WITNESS WHEREOF, the parties have executed this Agreement as of the date stated above.

       

      

      
        	
                INTERNAP CORPORATION

              	
                EXECUTIVE

              
	 	 
	
                By:

              	/s/ Peter D. Aquino	
                /s/ Michael T. Sicoli

              
	
                Name:

                

              	Peter D. Aquino	
                Michael T. Sicoli

              
	
                Title:

                

              	Chief Executive Officer	 

        

        

        

      

      
        21

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