Document:

EXHIBIT
10.16

 

LATITUDE COMMUNICATIONS,
INC.

SEPARATION AGREEMENT AND
RELEASE

This Separation Agreement and Release (“Agreement”) is made by and between Latitude
Communications, Inc., a Delaware corporation (the “Company”), and Emil Wang (“Employee”). 
The Company has determined that it is necessary to terminate the employment of
Employee and Employee has agreed to release the Company from any claims arising
from or related to his employment.  In consideration of the mutual
promises made herein, the Company and Employee (collectively referred to as the
“Parties”) hereby agree as
follows:

1.             Termination of Employment.  Employee and the Company acknowledge and
agree that Employee’s employment as former Chief Executive Officer of the
Company terminated effective as of the close of business on September 30, 2002
(the “Termination
Date”).  On such date, the
Company paid Employee for (a) all salary, other than bonus, owed through the
Termination Date (subject to applicable tax withholding), and (b) all accrued
but unused vacation and floating days of Employee at Employee’s final rate of
pay (subject to applicable tax withholding).

2.             Consideration.  In consideration for the release of claims
set forth below and other obligations under this Agreement, and provided
this Agreement is signed by Employee and not revoked under Section 5 below, the
Company agrees to provide the following severance benefits to Employee
following the Effective Date of this Agreement:

(a)           The
Company shall pay Employee, on the Effective Date, a lump sum payment equal to
twelve (12) months of his final base rate of salary, reduced by applicable tax
withholding.

(b)           The
Company shall pay Employee, by October 31, 2002, all bonus amounts owed
Employee through the Termination Date, reduced by applicable tax withholding.

(c)           If
Employee timely and accurately elects to continue his current plan elections
for group health, dental and vision insurance benefits under COBRA, the Company
agrees to pay the applicable COBRA premiums for himself and his currently
enrolled dependents until the earlier of 
September 30, 2003 or the date on which Employee becomes eligible for
insurance coverage from another employer. 
Employee is required to notify the Company within five (5) business days
of the date on or before September 30, 2003, on which he becomes eligible for
other insurance.

(d)           Employee
has the option to purchase the laptop, its operating system and associated
accessories, previously issued to him by the Company, for $1,000.  If this option is taken, the money will be
deducted out of his severance payment. 
Or, the Employee will be permitted to retain possession of the laptop,
its operating system and associated accessories, through November 15, 2002.  If Employee chooses not to take the purchase
option, he explicitly acknowledges and agrees that he is fully financially
responsible for any loss of or damage to the computer following the Termination
Date.

 

 

3.             No Other Payments Due.
Employee acknowledges and agrees that, as of the Termination Date, Employee has
received all salary, accrued vacation, bonuses, compensation or other such sums
due to Employee as of the Termination Date other than amounts, if any, to be
paid after the Termination Date pursuant to this Agreement.  As of the Termination Date, in light of the
payment to be made by the Company of all wages due, or to become due to
Employee, the Parties further acknowledge and agree that California Labor Code
Section 206.5 is not applicable to the Parties hereto.  That section provides in pertinent part as
follows:

NO EMPLOYER SHALL REQUIRE
THE EXECUTION OF ANY RELEASE OF ANY CLAIM OR RIGHT ON ACCOUNT OF WAGES DUE, OR
TO BECOME DUE, OR MADE AS AN ADVANCE ON WAGES TO BE EARNED, UNLESS PAYMENT OF
SUCH WAGES HAS BEEN MADE.

4.             Release of Claims. In
consideration for the obligations of the Company set forth in this Agreement,
Employee, on behalf of himself and his heirs, executors, administrators and
assigns, hereby fully and forever releases the Company and its current and
former officers, directors, employees, investors, stockholders, administrators,
attorneys, predecessor and successor corporations and assigns, of and from any
claim, duty, obligation or cause of action relating to any matters of any kind,
whether presently known or unknown, suspected or unsuspected, that he may
possess arising from any omissions, acts or facts that have occurred up until
and including the date of this Agreement including, without limitation:

(a)           any and all claims relating to or
arising from Employee’s employment relationship with the Company and the
termination of that relationship, including but not limited to any claims for
wages, salary, bonus, compensation, deferred compensation, or other cash
payments;

(b)           any and all claims relating to, or
arising from, Employee’s right to purchase, or actual purchase of shares of the
capital stock of the Company;

(c)           any and all claims for wrongful
discharge of employment; breach of contract, both express and implied; breach
of a covenant of good faith and fair dealing, both express and implied;
negligent or intentional infliction of emotional distress; negligent or
intentional misrepresentation; negligent or intentional interference with
contract or prospective economic advantage; negligence; and defamation;

(d)           any and all claims for violation of
any federal, state or municipal statute, including, but not limited to,
Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991,
the Age Discrimination in Employment Act of 1967, the Americans with
Disabilities Act of 1990, the California Fair Employment and Housing Act, Labor
Code Section 1197.5, and any family and medical leave acts;

(e)           any and all claims arising out of any
other laws and regulations relating to employment or employment discrimination;
and

(f)            any and all claims for attorneys’
fees and costs.

 

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Employee
agrees that the release set forth in this Section 4 shall be and remain in
effect in all respects as a complete general release as to the matters released.  This release does not extend to any
obligations incurred or specified under this Agreement.

5.             Acknowledgment of Waiver of Claims
under ADEA.  Employee
acknowledges that he is waiving and releasing any rights he may have under the
Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver
and release is knowing and voluntary. 
Employee and the Company agree that this waiver and release does not
apply to any rights or claims that may arise under ADEA after the Effective
Date (as defined in Section 17 below) of this Agreement.  Employee acknowledges that the consideration
given for this waiver and release Agreement is in addition to anything of value
to which Employee was already entitled. 
Employee further acknowledges that he has been advised by this writing
that (a) he should consult with an attorney prior to executing this
Agreement; (b) he has at least twenty-one (21) days within which to consider
this Agreement; (c) he has seven (7) days following his execution of this
Agreement to revoke the Agreement (the “Revocation Period”).  This Agreement shall not be effective until
the Revocation Period has expired.

6.             Civil Code Section 1542.
Employee represents that he is not aware of any claim by him other than the
claims that are released by this Agreement. 
Employee acknowledges that he has been advised by legal counsel and is
familiar with the provisions of California Civil Code Section 1542, which
provides as follows:

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

Employee,
being aware of said Code section, agrees to expressly waive any rights he may
have thereunder, as well as under any other statute or common law principles of
similar effect.

7.             Confidentiality.  The Parties each agree to use their best
efforts to maintain in confidence the existence of this Agreement, the contents
and terms of this Agreement, and the consideration for this Agreement
(hereinafter collectively referred to as “Settlement Information”), except as
provided herein.  Each Party hereto
agrees to take every reasonable precaution to prevent disclosure of any
Settlement Information to third parties, and each agrees that there will be no
publicity, directly or indirectly, concerning any Settlement Information.  The Parties hereto agree to take every
precaution to disclose Settlement Information only to those employees,
officers, directors, attorneys, accountants and other service professionals,
and governmental entities who have a reasonable need to know of such Settlement
Information.

8.             Nondisclosure
of Confidential and Proprietary Information. Employee
understands and agrees that his obligations to the Company under his existing
Confidential Information and Invention Assignment Agreement between Employee
and the Company (the “Confidentiality Agreement”) shall survive
termination of his employment with the Company.  Employee warrants that at all times in the past he has been, and
agrees that at all times hereafter he shall continue to be, in compliance with
his obligations to maintain the confidentiality of all confidential and
proprietary information of the Company as provided by the Confidentiality 

 

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Agreement and applicable law. 
Employee expressly agrees that he shall not intentionally divulge,
furnish or make available to any party any of the trade secrets, patents,
patent applications, price decisions or determinations, marketing plans,
business plans, product plans, inventions, customers, proprietary information
or other intellectual property of the Company, until after such time as such
information has become publicly known otherwise than by act of collusion of
Employee. Employee acknowledges that, as a condition to his receipt of
severance, he must return all of the Company’s property and confidential and
proprietary information in his possession to the Company on or before the Effective
Date of this Agreement, other than as explicitly set forth in Section 2(d).

 

9.             Non-Disparagement.
Each Party agrees to refrain from any disparagement, criticism, defamation,
slander of the other, or tortious interference with the contracts and relationships
of the other.  Employee agrees that he
shall continue to conduct himself in a professional manner that is supportive
of the business of the Company.

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

11.           No Representations.  Neither Party has relied upon any
representations or statements made by the other Party hereto which are not
specifically set forth in this Agreement.

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

13.           Forum. Each of the parties to this
Agreement consents to the exclusive jurisdiction and venue of the courts of the
state and federal courts located in Santa Clara County, California.

14.           Entire Agreement.  This Agreement and the Confidentiality
Agreement represents the entire agreement and understanding between the Company
and Employee concerning Employee’s separation from the Company, and supersedes
and replaces any and all prior agreements and understandings concerning the
termination of Employee’s relationship with the Company.

15.           No Oral Modification.  This Agreement may only be amended in
writing signed by Employee and the Company.

16.           Governing Law.  This Agreement shall be governed by the laws
of the State of California, without regard to its conflicts of law provisions.

17.           Effective Date.  This Agreement is effective upon expiration
of the Revocation Period described in Section 5 and such date is referred to
herein as the “Effective Date.”

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

19.           Assignment.  This Agreement may not be assigned by Employee or the Company
without the prior written consent of the other party.  Notwithstanding the foregoing, this Agreement may be assigned by
the Company to a corporation controlling, controlled by or under common control
with the Company without the consent of Employee.

20.           Voluntary Execution of Agreement.  This Agreement is executed voluntarily and
without any duress or undue influence on the part or behalf of the Parties
hereto, with the full intent of releasing all claims as set forth herein.  The Parties acknowledge that:

(a)           they have read this Agreement;

(b)           they have been represented in the
preparation, negotiation, and execution of this Agreement by legal counsel of
their own choice or that they have voluntarily declined to seek such counsel;

(c)           they understand the terms and
consequences of this Agreement and of the releases it contains; and

(d)           they are fully aware of the legal and
binding effect of this Agreement.

 

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

	
   

  	
  Latitude Communications, Inc.

  
	
   

  	
   

  
	
  Dated as of October 8, 2002

  	
  By:

  	
  /s/  Rick McConnell

  	
   

  
	
   

  	
   

  	
  Chief Executive Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  EMIL WANG, an individual

  
	
   

  	
   

  
	
  Dated as of October 8, 2002

  	
  By:

  	
  /s/  Emil Wang

  	
   

  

 

 

 

 

-5-EXHIBIT
10.17

CONSULTING AGREEMENT
BETWEEN EMIL WANG AND LATITUDE COMMUNICATIONS, INC.

This
Consulting Agreement (the “Agreement”) is entered into by and between
Latitude Communications, Inc., (the “Company”), a Delaware
corporation, and Emil Wang (“Consultant”).

1.             Consulting Relationship.  During the term of this Agreement,
Consultant will provide consulting services (the “Services”) to the
Company as described on Exhibit A attached to this Agreement.
Consultant represents that Consultant has the qualifications, the experience
and the ability to properly perform the Services.  Consultant shall use Consultant’s best efforts to perform the
Services such that the results are satisfactory to the Company.

2.             Fees.  As consideration for the Services to be
provided by Consultant and other obligations, the Company shall pay to
Consultant the amounts specified in Exhibit B attached to this Agreement
at the times specified therein.

3.             Expenses.  Consultant shall be reimbursed for
out-of-pocket expenses incurred by Consultant at the request of the Company in
connection with the provision of the Services, provided that Consultant submits
receipts for such expenses and obtains prior written approval for any expenses
in excess of $1000.

4.             Term and Termination.  Consultant shall serve as an independent
contractor to the Company for the period commencing on October 1, 2002 and
terminating no later than March 31, 2003, unless extended by the mutual written
agreement of the parties hereto.  Notwithstanding
the foregoing, either party may terminate this Agreement at any time upon ten
days’ written notice.  In the event of
such termination, Consultant shall be paid for any portion of the Services that
have been performed prior to the termination. 
Further, the Company may terminate this Agreement upon Consultant’s
material breach of any provisions of this Agreement or the Confidentiality
Agreement (as defined below) with no further obligations to Consultant as set
forth in Section 9 below. The provisions of Sections 5, 7, 8, and 9 and the
Confidentiality Agreement shall survive any termination or expiration of this
Agreement in perpetuity.

5.             Independent Contractor.
Consultant’s relationship with the Company will be that of an independent
contractor and not that of an employee. 
Consultant shall have no authority to enter into contracts that bind the
Company or create obligations on the part of the Company without the prior
written authorization of the Company. 
Consultant shall provide the Services using her own
tools/equipment.  Consultant
acknowledges and agrees that Consultant will not be eligible for any Company
employee benefits and to the extent she becomes eligible for such benefits,
Consultant hereby expressly waives any rights to participation in such benefit
plans and policies.  Consultant shall
have full responsibility for applicable withholding and other taxes for all
compensation paid to Consultant under this Agreement, and for compliance with
all applicable labor and employment requirements with respect to Consultant’s
self-employment, sole proprietorship or other form of business organization,
including state worker’s compensation insurance coverage requirements and any
US immigration visa requirements.  

 

 

Consultant agrees to indemnify, defend and hold the
Company harmless from any liability for, or assessment of, any claims or
penalties with respect to such withholding and other taxes or labor or
employment requirements.

6.             Supervision of Consultant’s Services.
All of the services to be performed by Consultant, including but not limited to
the Services, will be as agreed between Consultant and the Company’s
President/CEO.

7.             Confidentiality Agreement.  Consultant
will keep confidential, and will not disclose to any third party (except as
otherwise contemplated by the activities undertaken by Consultant for the
Company hereunder), all information provided to Consultant by the Company.  The foregoing obligation of confidentiality
will not apply to:

a)                                      information that is now in the public
domain or subsequently enters the public domain without fault of Consultant’s
part;

b)                                     information that is known by Consultant
of Consultant’s own sources at the time of disclosure by the Company, as
evidenced by Consultant’s prior written records; and

c)                                      information disclosed to Consultant by a
third party lawfully and contractually entitled to make such disclosure

Consultant’s
obligations of confidentiality will continue for two years after termination of
this Agreement of any reason (including the expiration of this term).

8.             Conflicts with this Agreement.  Consultant represents and warrants that he
is not under any pre-existing obligation in conflict or in any way inconsistent
with the provisions of this Agreement. Consultant represents and warrants that
Consultant’s performance of all the terms of this Agreement will not breach any
agreement to keep in confidence proprietary information acquired by Consultant
in confidence or in trust prior to commencement of this Agreement.

9.             Breach of this Agreement.  Consultant acknowledges and agrees that upon
Consultant’s material or intentional breach of any of the provisions of this
Agreement and following written notice of such breach by the Company to
Consultant and an opportunity to cure such breach within five (5) business days
where such breach may be cured, in addition to any other remedies the Company
may have under this Agreement or otherwise, the Company’s obligations to (i)
provide payments to Consultant as described in Sections 2 and 3 of this
Agreement, including but not limited to pro-rata payment for work performed as
of the date of termination and (ii) continue the consulting relationship under
this Agreement, shall immediately terminate.

10.           Miscellaneous.

(a)           Amendments and Waivers.  Any term of this Agreement may be amended or
waived only with the written consent of the party to be charged.

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(b)           Sole Agreement.  This Agreement, including the Exhibits
hereto, constitutes the sole agreement of the parties and supersedes all oral
negotiations and prior writings with respect to the subject matter hereof.

(c)           Notices.  Any notice required or permitted by this Agreement shall be in
writing and shall be deemed sufficient upon receipt, when delivered personally
or by courier, overnight delivery service or confirmed facsimile, 48 hours
after being deposited in the regular mail as certified or registered mail
(airmail if sent internationally) with postage prepaid, if such notice is
addressed to the party to be notified at such party’s address or facsimile
number as set forth below, or as subsequently modified by written notice.

(d)           Severability.  If one or more provisions of this Agreement are held to be
unenforceable under applicable law, the parties agree to renegotiate such
provision in good faith.  In the event
that the parties cannot reach a mutually agreeable and enforceable replacement
for such provision, then (i) such provision shall be excluded from this
Agreement, (ii) the balance of the Agreement shall be interpreted as if such
provision were so excluded and (iii) the balance of the Agreement shall be
enforceable in accordance with its terms.

(e)           Counterparts.  This Agreement may be executed in counterparts, each of which
shall be deemed an original, but all of which together will constitute one and
the same instrument.

(f)            Choice of Law; Jurisdiction.  The validity, interpretation, construction
and performance of this Agreement shall be governed by the laws of the State of
California, without giving effect to the principles of conflict of laws.

(g)           Advice of Counsel.  EACH PARTY ACKNOWLEDGES THAT, IN EXECUTING
THIS AGREEMENT, SUCH PARTY HAS HAD THE OPPORTUNITY TO SEEK THE ADVICE OF
INDEPENDENT LEGAL COUNSEL, AND HAS READ AND UNDERSTOOD ALL OF THE TERMS AND
PROVISIONS OF THIS AGREEMENT.  THIS
AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR
PREPARATION HEREOF.

[Signature Page Follows]

 

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The
parties have executed this Agreement on the respective dates set forth below.

 

	
  LATITUDE
  COMMUNICATIONS, INC.

  	
   

  	
  EMIL WANG, an Individual, on behalf of Emil Wang

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Name:

  	
  /s/  Rick
  McConnell

  	
   

  	
  /s/ Emil Wang

  	
   

  
	
   

  	
   

  	
  Signature

  
	
  Title:
  

  	
  Chief
  Executive Officer

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date:

  	
  October 8, 2002

  	
   

  	
  Date:

  	
  October 8, 2002

  	
   

  
	
   

  	
   

  	
   

  
	
  Address:

  	
   

  	
  Address:

  
	
   

  	
  2121 Tasman Drive

  	
   

  	
   

  	
  1740 Poppy Ave

  
	
   

  	
  Santa Clara, CA 
  95054

  	
   

  	
   

  	
  Menlo Park, CA 94025

  
								

 

 

 

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EXHIBIT A

 

DESCRIPTION OF CONSULTING SERVICES

•                  Assistance in defining and pursuing various strategic
alternatives for the Company

•                  Assistance in working with any existing or potential
customers the Company may desire

•                  Other projects, as assigned, by the
President/CEO

 

 

 

EXHIBIT B

COMPENSATION

For Services performed by Consultant under this Agreement,
the Company shall pay Consultant at the rate of $10,000 per month for the
months of October, November and December, 2002 and at the rate of $5000 per
month for the months of January, February and March, 2003, payable within 10
business days of the Company’s receipt of each Invoice.

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