Document:

Letter Agreement, dated as of July 20, 2009

 EXHIBIT 10.1 
 July 20, 2009 
 Ray Brunner 
 President and Chief Executive Officer 
 Design Within Reach, Inc. 
 225 Bush Street, 20th Floor 
 San Francisco, California 94104 
 Glenn J. Krevlin 
 Glenhill Special Opportunities Master Fund LLC 
 598 Madison Avenue, 12th
Floor 
 New York, New York 10022 
  

	 	Re:	Securities Purchase Agreement 

 Ladies and Gentlemen: 

This letter is to confirm our mutual agreements with regard to an extension to the “Exclusivity” provisions of that certain Summary of Terms
of Proposed Private Placement (the “Term Sheet”), dated as of May 26, 2009, by and between Design Within Reach, Inc. (the “Company”) and Glenhill Special Opportunities Master Fund LLC (“Glenhill”). The
“Exclusivity” provision of the Term Sheet currently provides that, among other things, until that date which is forty-five (45) days after the execution of the Term Sheet (the “Exclusivity Period”) the Company will not
solicit or encourage any offers, engage in any discussions (other than to inform any initiating party (an “Initiating Party”) that it is subject to the “Exclusivity” provision) or enter into any agreements or commitments with
respect to any financing or the purchase of, or the sale or transfer or issuance (whether by merger, consolidation or otherwise) of, (i) any shares of capital stock of the Company or another entity organized by affiliates of the Company or any
securities convertible into or exchangeable for any such capital stock for the primary purpose of raising capital or (ii) all or substantially all of the assets of the Company. In the event the Company receives a bona fide offer which it deems
superior to the terms in the Term Sheet (a “Superior Offer”), Glenhill has the right of first refusal to enter into an agreement with the Company upon the terms and conditions set forth in the Superior Offer. 
 The parties have entered into a Securities Purchase Agreement (the “Purchase Agreement”), dated as of July 20, 2009, by and between the
Company and Glenhill. The parties have agreed that, in order to provide additional time for the parties to consummate the transactions contemplated by the Purchase Agreement, the Exclusivity Period should be extended until August 15, 2009. As
such, notwithstanding anything to the contrary in the Term Sheet, by signing below, the Company and Glenhill agree that the Exclusivity Period is hereby extended until August 15, 2009. Except as set forth in this letter, the terms and
provisions of the Term Sheet shall remain unchanged and in full force and effect. 

 In connection with this letter agreement, the parties further agree that in the event that the Company
(i) receives a Superior Offer during the Exclusivity Period; (ii) does not close the transactions contemplated by the Purchase Agreement after satisfaction of the conditions to closing set forth in Section 2.3(a) of the Purchase
Agreement; (iii) enters into an agreement or commitment regarding such Superior Offer during the Exclusivity Period with the Initiating Party; and (iv) the transactions contemplated by such Superior Offer are subsequently consummated with
the Initiating Party, then the Company shall promptly upon the closing of such transaction pay to Glenhill $500,000 through the wire transfer of immediately available funds to an account specified by Glenhill. 
 This letter agreement shall be binding upon and inure to the benefit of the parties hereto. Nothing in this letter agreement, express or implied, is
intended to confer upon any party, other than the parties hereto, any rights, remedies, obligations or liabilities under or by reason of this letter agreement, except as expressly provided in this letter agreement. This letter agreement shall be
construed under and shall be governed by the internal laws of the State of New York applicable to contracts and agreements made and to be performed solely within the State of New York. The parties hereto shall have the right to enforce this letter
agreement and any of its provisions by injunction, specific performance or other equitable relief, without bond and without prejudice to any other rights and remedies that such party may have for a breach of this letter agreement. 
 If any party to this letter agreement shall bring any action for any relief against the other, declaratory or otherwise, arising out of this letter
agreement, the losing party shall pay to the prevailing party reasonable attorneys’ fees and costs incurred in bringing such suit and/or enforcing any judgment granted therein. Any judgment or order entered in such action shall contain a
specific provision providing for the recovery of attorneys’ fees and costs incurred in enforcing such judgment. 
 Any term of this
letter agreement may be amended and the observance of any term of this letter agreement may be waived, only with the written consent of each of the parties hereto. 
 [Remainder of page intentionally left blank] 

 IN WITNESS WHEREOF, each of the parties has executed this letter agreement as of the date first
above written. 
  

			
	DESIGN WITHIN REACH, INC.
		
	By:	 	 /s/    Ray Brunner

	Name:	 	Ray Brunner
	Title:	 	President and Chief Executive Officer
	
	 GLENHILL SPECIAL OPPORTUNITIES
 MASTER FUND LLC

		
	By:	 	 /s/    Glenn J. Krevlin

	Name:	 	Glenn J. Krevlin
	Title:	 	Managing MemberForm of Voting Agreement

 EXHIBIT 10.2 
 July 20, 2009 
 Glenhill Special Opportunities Master Fund LLC 
 598 Madison Avenue, 12th Floor 
 New York, New York 10022 
 To Whom It May Concern: 
 This letter will confirm my agreement to vote all shares of voting stock of
Design Within Reach, Inc. a Delaware corporation (the “Company”), over which I have voting control in favor of any resolution presented to the shareholders of the Company with respect to Shareholder Approval (as defined in
that certain Securities Purchase Agreement, dated July 20, 2009 among the Company and the purchaser signatory thereto (the “Purchase Agreement”)), including but not limited to: 
  

	 	(i)	an amendment to the Company’s Amended and Restated Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock, par value $0.001
per share, from 30,000,000 to 500,000,000; and 

  

	 	(ii)	the election of Glenn J. Krevlin, David Rockwell and William Sweedler to serve as directors of the Company. 

 This agreement is given in consideration of, and as a condition to enter into, such Purchase Agreement and is not revocable by me. 
  

			
	By:	 	  

		
		 	Name of Shareholder:
		
		 	Number of Shares Beneficially Owned:Offer of Employment Letter

 Exhibit 10.23 
 July 15, 2009 
 Bob Corey 
 [***] 
 Dear Bob: 
 We are pleased to offer you a position with Extreme Networks
(the “Company”) as Senior Vice President and Chief Financial Officer, reporting to Mark Canepa, Chief Executive Officer. Should you decide to join us, you will receive a semi-monthly salary of $15,625.00 (which would equal $375,000.00 on
an annualized basis), less applicable taxes and withholdings, in accordance with the Company’s normal payroll procedures. 
 As a Vice President, you
will be eligible to participate in the FY10 Executive Bonus Plan (EIP) with an annual target of 60% of your annual base salary. This annual target amount will be pro-rated by your amount of time as a regular employee in your first fiscal year of
participation in the plan (FY2010). The pro-rata EIP target bonus will be paid if you and the Company meet established performance objectives tied to Revenue, Operating Profit performance and attainment of key strategic goals. Details of the fiscal
year 2010 Executive Incentive Program will be provided to you after you begin your employment with the Company. The Company retains the right to change or amend the EIP at any time. 
 As a Company employee, you are also eligible to receive certain employee benefits including stock options. Subject to the approval of the Board of Directors or the Compensation Committee, we are pleased to offer you a
one-time option to acquire four hundred and fifty thousand (450,000) shares of Common Stock. Generally, grants are reviewed for approval once a quarter, and are awarded at an exercise price equal to the closing price of the Company’s
Common Stock on the second business day after we publicly announce our financial results for the quarter. One-fourth (1/4) of these shares will vest one year from your first date of employment, provided that you are still employed by the
Company at that time. The remaining shares will vest monthly over the following three years, at a rate of 1/48th of the entire option each month, so long as your employment with the Company continues. Your stock option grant is conditioned on your
execution of the Company’s standard form of employee stock option agreement, and your stock option will be governed by and subject to the terms of that agreement. All vesting and rights to exercise under any Options offered hereunder will also
be subject to your continued employment with the Company at the time of vesting. Your equity awards are also subject to the terms of our Executive Change in Control Severance Plan. Alternatively, you may choose to receive a one-time grant of
Restricted Stock at a conversion rate of 1 (one) share of Restricted Stock per 3 (three) option shares in 

 
lieu of 150,000 (one hundred fifty thousand) of the 450,000 (four hundred fifty thousand) option shares. The Restricted Stock will be subject to grant by the
Board of Directors. The Restricted Stock will vest 25% per year on each anniversary from your date of hire over four years. All vesting and rights to exercise under any Options or Restricted Stock offered hereunder will be subject to your
continued employment with the Company at the time of vesting. You must make the fungible election in writing to me on or before your date of hire. Your stock option and any Restricted Stock grant is conditioned on your execution of the
Company’s standard form of employee stock option and restricted stock agreement, and will be governed by and subject to the terms of that agreement. Your stock options granted to you as a Member of the Board of Directors will continue to vest
and remain outstanding under the terms of your grant agreement upon which they were granted so long as you remain an employee or, if earlier, until the expiration of the term of the option. 
 The Company also has a policy of providing a Change in Control Severance Plan for its executive officers in the event of an acquisition of the Company. Those provisions
will be set forth in your Executive Change in Control Severance Agreement and will be the same as those currently in effect for the other executive officers of the company. A copy of the Plan document has been enclosed for your information.

 In addition to the foregoing benefits, you will be eligible to participate in various other Company benefit plans, including its group health, short-term
disability, long-term disability, and life insurance plans, as well as its 401(k) and employee stock purchase plans. Your participation in the Company’s benefit plans will be subject to the terms and conditions of the specific benefit plans. As
a Vice President of the Company, you are not eligible to participate in the Company’s Flexible Time Off (“FTO”) program, and you will not accrue any FTO hours. You will, however, be eligible to take paid time off from time-to-time as
reasonably necessary for vacation, sick time, or other personal purposes, subject to the needs of your position and the approval of your manager. 
 If you
choose to accept this offer, your employment with the Company will be voluntarily entered into and will be for no specified period. As a result, you will be free to resign at any time, for any reason or for no reason, as you deem appropriate. The
Company will have a similar right and may conclude its employment relationship with you at any time, with or without cause. If you accept this offer, you also agree that you will resign as a member of the Board of Directors upon your first date of
employment and that resignation will be effective automatically on the date of your first date of employment. You may continue to serve as a member of any other Board that you are now on provided it does not interfere with your full-time employment
or present a conflict of interest. You agree to terminate any other consulting or similar engagement you may now have. 
 In the event of any dispute or
claim relating to or arising out of this agreement, our employment relationship, or the termination of our employment relationship (including, but not limited to, any claims of wrongful termination or age, gender, disability, race or other
discrimination or harassment), you and the Company agree that all such disputes shall be fully, finally and 

 
exclusively resolved by binding arbitration conducted by the American Arbitration Association (“AAA”) in Santa Clara County, California, and we
waive our rights to have such disputes tried by a court or jury. The arbitration will be conducted by a single arbitrator appointed by the AAA pursuant to the AAA’s then-current rules for the resolution of employment disputes, which can be
reviewed at www.adr.org. 
 This offer is contingent upon your signing the enclosed Employee Inventions and Proprietary Rights Assignment Agreement,
and upon your ability to provide to the Company documentary evidence of your identity and eligibility for employment in the United States. Please bring this documentation, such as a passport or driver’s license and an original social security
card, to your Employee Orientation. Such documentation must be provided to us within three (3) business days of your date of hire, or our employment relationship with you may be terminated. 
 To indicate your acceptance of the Company’s offer, please sign and date this letter in the space provided below and return to Kathleen Swift, VP of Human
Resources at Extreme Networks at 3585 Monroe Street, Santa Clara, CA 95051. A duplicate original is in enclosed for your records. This offer of employment, if not accepted, will expire in 2 (two) business days. Based on our discussions, it is
anticipated that you will begin employment no later than July 21, 2009. 
 All new employees receive a benefits package from the HR Department. If
you have any benefit related questions, please contact Kathleen Swift at [***]. 
 This agreement, along with any agreements referenced above, constitute the
entire agreement between you and the Company concerning the terms and conditions of your employment with the Company. This agreement cannot be modified or amended except by a subsequent written agreement signed by you and the Company; provided,
however, that the Company may, in its sole discretion, elect to modify your title, compensation, duties, or benefits without any further agreement from you. 
 Bob, we look forward to welcoming you to Extreme Networks and we believe you will make an important contribution to the company, in what should be a rich and rewarding experience. If you have any questions, please feel free to contact
Kathleen Swift at [***]. 
 Sincerely, 
  

	
	 /s/    Kathleen Swift

	 EXTREME NETWORKS INC.
 Kathleen Swift

Vice President, Human Resources

 I agree to and accept employment with Extreme Networks, Inc. on the terms set forth in this agreement. 
  

					
	 /s/    Bob Corey
	 		  	 July 15, 2009

	Bob Corey	 		  	Date

 My start date will be July 21, 2009 
  
  
 [*** Each item denoted with three asterisks in this document is immaterial contact information that has been redacted for purposes of personal privacy.]

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