Document:

Agreement

 EXHIBIT 10.21 
 AGREEMENT 
 THIS AGREEMENT (this
“Agreement”) is effective as of June 30, 2006 (the “Effective Date”), by and between DESIGN WITHIN REACH, a Delaware corporation
(the “Company”), and ROBERT FORBES, JR. (“Forbes”). 
  

	Section 1.	NEWSLETTER 

  

	 	a.	Forbes hereby agrees to produce one newsletter per month for twelve months (12) months. Each such newsletter shall be completed no later than the tenth (10th) day of each month during the term of this Agreement unless otherwise agreed to by both parties. Each such newsletter
shall focus on design and culture and consistent with the range, diversity, length, and style of prior newsletters. Forbes will not perform any services for the Company except as authorized or requested by the Company. 

  

	 	b.	During the term of this Agreement, the Company will provide Forbes with one personal computer and the assistance of one employee of the Company for up to fifteen (15) hours
each month to assist with the preparation and presentation of the newsletter. In addition, Forbes will have use of an office and reference materials and technical support as needed his work for Design Within Reach. 

  

	Section 2.	TERM AND TERMINATION 

  

	 	a.	This Agreement is effective as of the Effective Date, and will terminate on June 30, 2007 (the “Termination Date”), unless terminated earlier pursuant
to subsection (b) below or extended by mutual consent of Forbes and the Company. 

  

	 	b.	This Agreement may be terminated for cause by the Company or Forbes upon the other’s material breach of this Agreement at any time prior to the Termination Date by giving
written notice of termination setting forth in reasonable detail the basis for the termination and providing the other party with thirty (30) days’ opportunity to cure. 

  

	 	c.	Termination of this Agreement shall not affect (i) the Company’s obligation to pay for Services previously rendered by Forbes or expenses reasonably incurred by Forbes for
which Forbes is entitled to reimbursement under Section 3 of this Agreement, (ii) Forbes’s continuing obligations to the Company under Section 5 of this Agreement, or (iii) the parties’ obligations under Section 6
of this Agreement. 

  

	Section 3.	COMPENSATION 

  

	 	a.	As compensation for the services to be rendered pursuant to this Agreement, the Company shall pay to Forbes the sum of $100,000, to be paid monthly following the performance of the
services and commencing with the conclusion of the first full month following the Effective Date. The Company shall provide Forbes with health care coverage, with coverage and terms consistent with those that it provides to its executive officers.

	 	b.	The Company shall reimburse Forbes for out-of-pocket travel expenses, reasonably incurred by him incident to performing his services under this Agreement up to $50,000, after
submission of reasonably detailed invoices documenting such expenses. Forbes is responsible for all other travel and other out of pocket expenses incurred in connection with this agreement. 

  

	 	c.	In addition, Forbes shall agree to serve, if elected, as a member of the Company’s Board of Directors for six (6) months from the Effective Date. As compensation for his
services as a member of the Board of Directors, Company shall pay Forbes the sum of $25,000, payable in monthly increments of $4,166.66. 

  

	Section 4.	RELATIONSHIP OF THE PARTIES; NONDISPARAGEMENT 

  

	 	a.	Notwithstanding any provision of this Agreement to the contrary, Forbes is and shall at all times be an independent contractor and not an employee of the Company. Except as provided
above, Forbes shall have no right under this Agreement, or as a result of his services to the Company, to participate in any other employee, retirement, insurance or other benefit program of the Company, nor will the Company make any deductions from
Forbes’s compensation for taxes, the payment of which shall be solely Forbes’s responsibility. 

  

	 	b.	Forbes shall pay, when and as due, any and all taxes incurred as a result of his compensation hereunder, including estimated taxes, and if requested by the Company, provide the
Company with proof of said payments. Forbes further agrees to indemnify the Company and hold it harmless to the extent of any obligation imposed on the Company: (i) to pay withholding taxes or similar items; or (ii) resulting from Forbes
being determined not to be an independent contractor. 

  

	 	c.	Forbes agrees that during the term of this Agreement, he will not make any written or oral comments, statements or other pronouncements to the public or to any individual or
individuals outside of the Company that could reasonably be considered to disparage or criticize the Company or its officers, directors or employees. 

  

	Section 5.	NONDISCLOSURE OF CONFIDENTIAL INFORMATION 

 During the term
of this Agreement and thereafter, Forbes shall keep all Confidential Information (as defined below) confidential and will not use such Confidential Information other than in connection with Forbes’s discharge of his duties hereunder, and will
safeguard the Confidential Information from unauthorized disclosure. This covenant is not intended to, and does not limit in any way Forbes’s duties and obligations to the Company under statutory and common law not to disclose or make personal
use of the Confidential Information or trade secrets. Forbes shall, upon written request of the Company, return to the Company all written Confidential Information which has been provided to Forbes and destroy all copies of any analyses,
compilations, studies or other documents prepared by him containing or reflecting any Confidential Information. For the purposes of this Agreement, “Confidential Information” shall mean all confidential and proprietary
information of the Company, including, without limitation, the Company’s supplier and vendor lists and information, marketing strategies, pricing policies or characteristics, product or product specifications, designs, plans, proposals other
information of similar character. For purposes of this Agreement, the Confidential Information shall not include (i) information which is generally available to the public, (ii) information obtained by Forbes from third persons not under
agreement to maintain the confidentiality of the same, and (iii) information which is required to be disclosed by law or legal process. 

	Section 6.	INTELLECTUAL PROPERTY 

  

	 	a.	With respect to the newsletters written by Forbes or photographs taken by Forbes during the term of this Agreement, Forbes shall retain the copyrights to such articles and
photographs and Forbes hereby grants to the Company a royalty-free, non-exclusive, perpetual license to use all such newsletters and photographs solely in connection with the Company’s internal publications, web communications, Design Notes,
catalogs and other uses reasonably appropriate for the Company in the ordinary course of business and consistent with past practice. No license is granted by Forbes hereby for any other use and in any other now existing or future media. ROB
FORBES should be identified as the Founder of Design Within Reach and holder of copyright when any articles or photographs are published by Design Within Reach. Design Within Reach agrees to prosecute violations and to hold Forbes harmless for third
party infringement. 

  

	 	b.	With respect to any articles written by Forbes or photographs taken by Forbes prior to the date of this Agreement, Forbes shall retain the copyrights to such articles and
photographs and Forbes hereby grants to the Company a royalty-free, non-exclusive, perpetual license to use all such articles and photographs solely in connection with the Company’s internal publications, web communications, Design Notes,
catalogs and other uses reasonably appropriate for the Company in the ordinary course of business and consistent with past practice. No license is granted by Forbes hereby for any other use and in any other now existing or future media. ROB
FORBES should be identified as the Founder of Design Within Reach and holder of copyright when any articles or photographs are published by Design Within Reach. Design Within Reach agrees to prosecute violations and to hold Forbes harmless for third
party infringement. 

  

	Section 7.	FACILITATION OF STOCK SALES 

 The Company agrees to
cooperate with Forbes’ efforts to put in place a customary 10b5-1 selling plan with respect to his shares of the Company’s common stock provided that Forbes seeks to put such plan in place at a time when he could otherwise purchase or sell
the Company’s securities in compliance with the Company’s insider trading policy. The Company will use commercially reasonable efforts to provide sufficient disclosure in connection with the Company’s next quarterly earnings release
that insiders may engage in purchases and sales of the Company’s securities beginning two trading days following such release; it being understood that the Company shall have no obligation under this Section 7 to provide disclosure
regarding any plans or proposals with respect to any extraordinary transaction, such as a change of control of the Company. The Company further agrees to work with Forbes to identify one or more purchasers who might be interested in purchasing his
shares in a private transaction. Forbes agrees that he will provide reasonable advance notice (which in no event will be interpreted to require Forbes to give more than five business days’ notice) to the Company of any plans by him to sell in
excess of 50,000 shares of the Company’s common stock in any 30-day period and that he will give due consideration to any proposal by one or more purchasers identified by the Company to purchase his shares in a private transaction prior to
making any such sale in excess of 50,000 shares in any calendar month. 
  

	Section 8.	RIGHTS AND REMEDIES UPON BREACH 

 If Forbes breaches or
threatens to commit a breach of any of the provisions of Section 5 of this Agreement, the Company shall have the right and remedy to have Section 5 specifically enforced by any court of competent jurisdiction, it being agreed that any
breach or threatened breach of Section 5 would cause irreparable injury to the Company and that money damages would not provide an adequate remedy 

 
to the Company. The Company shall also have any other rights and remedies available to the Company under law or in equity. 
  

	Section 9.	MISCELLANEOUS 

 This Agreement shall be governed in all
respects by the laws of the State of California, without regard to any provisions thereof relating to conflict of laws among different jurisdictions. In the event either party shall commence any action or proceeding against the other party by reason
of any breach or claimed breach in the performance of this Agreement, or to seek a judicial declaration of rights hereunder, the prevailing party in such action shall be entitled to recover his/her or its reasonable attorneys’ fees and costs.
This Agreement is the entire agreement of the parties with respect to the services to be provided by Forbes and supersedes any prior agreements between the parties with respect to the subject matter of this Agreement. This Agreement may only be
amended in writing by the Company and Forbes and their respective permitted successors and assigns. Forbes may not assign, subcontract or otherwise delegate his obligations under this Agreement without the Company’s prior written consent.
Subject to the foregoing, this Agreement will be binding upon and inure to the benefit of the parties and their respective heirs, legal representatives, successors and assigns. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 Having understood and agreed to the foregoing, the Company and Forbes have signed this Agreement as of
the day and year written above. 
  

									
		 		 	DESIGN WITHIN REACH
					
	 By:
	 	 /s/ Robert Forbes, Jr.
	 		 	 By:
	 	 /s/ Ray Brunner

	 Name:
	 	 Robert Forbes, Jr.
	 		 	 Name:
	 	 Ray Brunner

		 		 		 	 Title:
	 	 Chief Executive Officer

			
	 Dated: June 22, 2006
	 		 	 Dated: June 22, 2006Separation Agreement and General Release

 Exhibit 10.1 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
 This Separation Agreement and General Release
(“Agreement”) is made and entered into as of June 30, 2006, by and between Lixin Cheng (“Cheng”) and Axesstel, Inc., a Nevada corporation (“Axesstel”), and inures to the benefit of each of
Axesstel’s current, former and future parents, subsidiaries, related entities, employee benefit plans and their fiduciaries, predecessors, successors, officers, directors, shareholders, agents, employees and assigns. 
 RECITALS 
 A. Cheng has served
as the Chief Sales Officer and President of Fixed Wireless Group of Axesstel pursuant to a Letter Agreement dated June 16, 2005 (the “Employment Agreement”); 
 B. Axesstel and Cheng have agreed to terminate the Employment Agreement and Cheng’s position as Chief Sales Officer and President of Fixed Wireless
Group as of July 15, 2006 (the “Effective Date”) and Axesstel has agreed to provide certain severance benefits, in exchange for his execution of this Agreement; and 
 C. Cheng has agreed to accept the benefits to be provided to him under this Agreement. 
 NOW, THEREFORE, for and in consideration of the execution of this Agreement, and the mutual covenants contained in the following paragraphs, Axesstel and
Cheng agree as follows: 
 1. No Admission of Liability. The parties agree that this Agreement, and performance of the
acts required by it, does not constitute an admission of liability, culpability, negligence or wrongdoing on the part of anyone, and will not be construed for any purpose as an admission of liability, culpability, negligence or wrongdoing by any
party and/or by any party’s current, former or future parents, subsidiaries, related entities, predecessors, successors, officers, directors, shareholders, agents, employees and assigns. 
 2. Termination of Employment Agreement. The parties agree that the Cheng’s employment and rights under the Employment Agreement
shall be terminated as of the Effective Date. 
 3. Severance and Payment. Axesstel agrees that on the Effective Date it
will provide to Cheng the following severance benefits: (i) a lump sum payment of 12 month’s base salary plus car allowance (which Cheng and Axesstel agree is $262,000), less applicable withholding taxes, (ii) all of Cheng’s
outstanding stock options will remain outstanding and exercisable until March 31, 2007, (iii) Axesstel will pay monthly the COBRA payment to maintain Cheng’s health insurance benefits until the earlier of twelve months from the
effective date of this Agreement, or the time Cheng becomes eligible to receive health insurance through new employment; and (iv) Cheng shall be entitled to retain his personal computer and cellular 

  

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telephone, provided that Axesstel shall first have the opportunity to remove all Axesstel confidential information from such devices. 
 4. General Release. Cheng for himself, his heirs, executors, administrators, assigns and successors, fully and forever releases and
discharges Axesstel and each of its current, former and future parents, subsidiaries, related entities, employee benefit plans and their fiduciaries, predecessors, successors, officers, directors, shareholders, agents, employees and assigns
(collectively, “Releasees”), with respect to any and all claims, liabilities and causes of action, of every nature, kind and description, in law, equity or otherwise, which have arisen, occurred or existed at any time prior to the
signing of this Agreement, including, without limitation, any and all claims, liabilities and causes of action arising out of or relating to Cheng’s employment with Axesstel prior to the date of this Agreement. Notwithstanding the foregoing,
nothing in this agreement shall be deemed to constitute a waiver or release of Cheng’s claims for indemnification pursuant to the terms of the Indemnification Agreement between Axesstel and Cheng dated as of August 3, 2004. 
 5. Knowing Waiver of Employment-Related Claims. Cheng understands and agrees that, with the exception of potential
employment-related claims identified below, he is waiving any and all rights he may have had, now has, or in the future may have, to pursue against any of the Releasees any and all remedies available to him under any employment-related causes of
action, including without limitation, claims of wrongful discharge, breach of contract, breach of the covenant of good faith and fair dealing, fraud, violation of public policy, defamation, discrimination, personal injury, physical injury, emotional
distress, claims under Title VII of the Civil Rights Act of 1964, as amended, the Age Discrimination in Employment Act, the Americans With Disabilities Act, the Federal Rehabilitation Act, the Family and Medical Leave Act, the California Fair
Employment and Housing Act, the California Family Rights Act, the Equal Pay Act of 1963, the provisions of the California Labor Code and any other federal, state or local laws and regulations relating to employment, conditions of employment
(including wage and hour laws), perquisites of employment (including but not limited to claims relating to stock and/or stock options) and/or employment discrimination. Claims not covered by the release provisions of this Agreement are
(i) claims for unemployment insurance benefits, (ii) claims under the California Workers’ Compensation Act, and (iii) claims arising from Axesstel’s nonperformance under this Agreement. The release provisions of this
Agreement do not apply to claims which may arise after the date of execution. 
 6. Waiver of Civil Code § 1542.
Cheng expressly waives any and all rights and benefits conferred upon him by Section 1542 of the Civil Code of the State of California, which states 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.” 
  

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 Cheng expressly agrees and understands that the Release given by him pursuant to this Agreement applies to all unknown,
unsuspected and unanticipated claims, liabilities and causes of action which he may have against Axesstel or any of the other Releasees. 
 7. Severability of Release Provisions. Cheng agrees that if any provision of the release given by him under this Agreement is found to be unenforceable, it will not affect the enforceability of the remaining provisions
and the courts may enforce all remaining provisions to the extent permitted by law. 
 8. Promise to Refrain from Suit or
Administrative Action. Cheng promises and agrees that he will never sue Axesstel or any of the other Releasees, or otherwise institute or participate in any legal or administrative proceedings against Axesstel or any of the other Releasees,
with respect to any claim covered by the release provisions of this Agreement, including but not limited to claims arising out of Cheng’s employment with Axesstel prior to the date of this Agreement, unless he is compelled by legal process to
do so. Cheng promises and agrees that he shall not advocate or incite the institution of, or assist or participate in, any suit, complaint, charge or administrative proceeding by any other person against Axesstel or any of the other Releasees,
unless compelled by legal process to do so. 
 9. Confidentiality of Settlement. Cheng promises and agrees that, unless
compelled by legal process, he will not disclose to others and will keep confidential both the fact of and the terms of this settlement, including the amounts referred to in this Agreement, except that he may disclose this information to his spouse
and to his attorneys, accountants and other professional advisors to whom the disclosure is necessary to accomplish the purposes for which Cheng has consulted such professional advisors. Cheng expressly promises and agrees that, unless compelled by
legal process, he will not disclose to any present or former employees of Axesstel the fact or the terms of this settlement. 
 10.
Public Announcements. Cheng agrees that Axesstel will be required to issue a press release and filing on Form 8-K with the United States Securities and Exchange Commission in connection with the resignation. Cheng agrees that Axesstel
may state that Cheng has “elected to resign for personal reasons” or other mutually acceptable language. Cheng will not make any contradictory statement and will refrain from making any statements that are defamatory, derogatory or
detrimental with respect to Axesstel. 
 11. Promise to Maintain Confidentiality of Axesstel’s Confidential
Information. Cheng acknowledges that due to the position he has occupied and the responsibilities he has had at Axesstel, he has received confidential information concerning Axesstel’s products, procedures, customers, sales, prices,
contracts, and the like. Cheng hereby promises and agrees that, unless compelled by legal process, he will not disclose to others and will keep confidential all information he has received while employed by Axesstel concerning Axesstel’s
products and procedures, the identities of Axesstel’s customers, Axesstel’s sales, Axesstel’s prices, the terms of any of Axesstel’s contracts with third parties, and the like. Cheng agrees that a violation by him of the
foregoing obligation to maintain the confidentiality of Axesstel’s confidential information will constitute a material breach of this Agreement. Cheng specifically confirms that he will 

  

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continue to comply with the terms of the Employee Innovations and Proprietary Rights Assignment dated as of January 19, 2004 and executed by Cheng and
Axesstel. 
 12. Integrated Agreement. The parties acknowledge and agree that no promises or representations were made
to them which do not appear written herein and that this Agreement contains the entire agreement of the parties on the subject matter thereof. The parties further acknowledge and agree that parole evidence shall not be required to interpret the
intent of the parties. 
 13. Voluntary Execution. The parties hereby acknowledge that they have read and understand
this Agreement and that they sign this Agreement voluntarily and without coercion. 
 14. Waiver, Amendment and Modification of
Agreement. The parties agree that no waiver, amendment or modification of any of the terms of this Agreement shall be effective unless in writing and signed by all parties affected by the waiver, amendment or modification. No waiver of any
term, condition or default of any term of this Agreement shall be construed as a waiver of any other term, condition or default. 
 15. Representation by Counsel. The parties acknowledge that they have had the opportunity to be represented in negotiations for the preparation of this Agreement by counsel of their own choosing, and that they have
entered into this Agreement voluntarily, without coercion, and based upon their own judgment and not in reliance upon any representations or promises made by the other party or parties or any attorneys, other than those contained within this
Agreement. The parties further agree that if any of the facts or matters upon which they now rely in making this Agreement hereafter prove to be otherwise, this Agreement will nonetheless remain in full force and effect. 
 16. California Law. The parties agree that this Agreement and its terms shall be construed under California law, without regard to
any choice of law provisions. 
 17. Agreement to Arbitrate Claims Arising from Agreement. The parties agree that with
the exception of disputes and claims identified below, if any dispute arises concerning interpretation and/or enforcement of the terms of this Agreement, said dispute shall be resolved by binding arbitration before a single arbitrator conducted in
San Diego, California in accordance with the Judicial Arbitration and Mediation Services entity (“JAMS”). The rules of JAMS then in effect shall govern. In the event that such a dispute arises, counsel for both parties will attempt
to jointly select an arbitrator. If unable to do so, the procedures outlined in the JAMS rules shall govern. 
 Exceptions: If
Axesstel claims that Cheng has violated the confidentiality provisions of this Agreement and/or the confidentiality provisions of any other agreement referenced herein, Axesstel may, but is not required to, arbitrate said dispute. Furthermore,
neither party to this Agreement shall be prohibited from seeking injunctive relief in a judicial proceeding. 
  

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 18. Drafting. The parties agree that this Agreement shall be construed without
regard to the drafter of the same and shall be construed as though each party to this Agreement participated equally in the preparation and drafting of this Agreement. 
 19. Counterparts. This Agreement may be signed in counterparts and said counterparts shall be treated as though signed as one document. 
 20. Binding Effect. This Agreement shall become effective and binding on the date first written above. 
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date set forth below. 
  

					
		
	/s/ Lixin Cheng	 	6/30/06
	Lixin Cheng	 	
	
	AXESSTEL, INC.
		
	By:	 	/s/ Marvin Tseu
		 	Marv Tseu	 	
		 	Chief Executive Officer	 	

  

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