Document:

Exhibit 10.22

 

CONSULTING SERVICES AGREEMENT

 

Consulting Services Agreement (the “Agreement”), effective is by and
between Sweet Success Enterprises Inc., with it’s principal office at 1250 NE
Loop 410 Suite 630, San Antonio, TX 78209 (hereinafter the “Client”),  and Richard Monsour , with his  principal office at 448 S Seaward Avenue ,
Ventura, Ca 93003 (hereinafter the “Consultant”).

 

WHEREAS, Client finds that the
Consultant is willing to perform certain work hereinafter described in
accordance with the provisions of this Agreement; and

 

WHEREAS, Client finds that the
Consultant is qualified to perform the work, all relevant factors considered,
and that such performance will be in furtherance of Clients business.

 

NOW, THEREFORE, in consideration
of the mutual covenants set forth herein and intending to be legally bound, the
parties hereto agree as follows:

 

1. SERVICES

 

1.1  Services to Client: The
Consultant shall provide the following (“ Services”) to Client: Arrange
meetings between Client and certain grocery chains to  allow Client to discuss a possible agreement
to sell Client’s products..

 

2. PAYMENT

 

2.1  Payment for Services: The
Consultant will be paid as follows: 20,000 shares of Clients common stock upon
signing of this agreement. Client will register these shares promptly when the
company enacts its next registration.

 

 

3. FACSIMILE SIGNATURE

 

3.1  Execution and delivery of
this Agreement by exchange of facsimile copies bearing the facsimile signature
of a party hereto shall constitute a valid and binding execution and delivery
of this Agreement by such party. Such facsimile copies shall constitute
enforceable original documents.

 

 

	
  Client: 

  	
  Sweet
  Success Enterprises Inc.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By: 

  	
   

  	
   

  
	
   

  
	
  Date: 

  	
  May 18 2005

  	
   

  
	
   

  
	
   

  
	
  Consultant: 

  	
   

  	
   

  
	
   

  
	
   

  
	
  By: 

  	
   

  	
   

  
	
   

  
	
  Date:Exhibit 10.23

 

CONSULTING SERVICES AGREEMENT

 

Consulting Services
Agreement (the “Agreement”), effective is by and between Sweet Success Enterprises
Inc., with it’s principal office at 1250 NE Loop 410 Suite 630, San
Antonio, TX 78209 (hereinafter the “Client”),  and Jeff Morehouse having an address at 2515
Broadway San Antonio, TX  78215 (hereinafter
the “Consultant”).

 

WHEREAS,
Client finds that the Consultant is willing to perform certain work hereinafter
described in accordance with the provisions of this Agreement; and

 

WHEREAS,
Client finds that the Consultant is qualified to perform the work, all relevant
factors considered, and that such performance will be in furtherance of Clients
business.

 

NOW,
THEREFORE, in consideration of the mutual covenants set forth
herein and intending to be legally bound, the parties hereto agree as follows:

 

1. SERVICES

 

1.1  Services to Client: The Consultant shall
provide the following (“ Services”) to Client: Arrange meetings between Client
and 3 CD Consulting to  allow Client to discuss
a possible agreement for services.

 

2. PAYMENT

 

2.1  Payment for Services: The Consultant will be
paid as follows: 100,000 options to purchase Clients common stock, at $.80 per
share, upon signing of this agreement. Client will register these shares
promptly when the company enacts its next registration.

 

 

3. FACSIMILE
SIGNATURE

 

3.1  Execution and delivery of this Agreement by
exchange of facsimile copies bearing the facsimile signature of a party hereto
shall constitute a valid and binding execution and delivery of this Agreement
by such party. Such facsimile copies shall constitute enforceable original
documents.

 

 

	
  Client: 

  	
  Sweet
  Success Enterprises Inc.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By: 

  	
   

  	
   

  
	
   

  
	
  Date: 

  	
  May 1 2005

  	
   

  
	
   

  
	
   

  
	
  Consultant: 

  	
   

  	
   

  
	
   

  
	
   

  
	
  By: 

  	
   

  	
   

  
	
   

  
	
  Date:Exhibit
10.1

 

Summary
of Changes to Trustee Compensation

 

On
September 21, 2005, the Board of Trustees of Equity Residential (the “Company”)
approved an increase in the base annual fee paid to its trustees (other than
its Chairman and employee trustees) from $95,000 to $125,000, effective January
1, 2006. The Board of Trustees also approved the increases in the committee and
lead trustee fees set forth in the table below also effective January 1, 2006. There
was no change to the previously disclosed compensation paid to Mr. Samuel Zell
for his service as Chairman of the Board of Trustees.  The Company’s two employee Trustees receive
no fees for their service as Trustees. The last increase in Trustee
compensation occurred as of January 1, 2003. The Compensation Committee of the
Board of Trustees recommended these increases to bring total Trustee
compensation to a level near the 50th percentile of the competitive
market based on the results of an independent published report on director
compensation.

 

The
following table shows the annual compensation payable to the Trustees (other
than the Chairman and employee trustees) before and after these increases:

 

	
   

  	
   

  	
  After

  Increase

  	
   

  	
  Before

  Increase

  	
   

  
	
  Base
  Annual Fee

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Portion
  Payable in Cash

  	
   

  	
  $

  	
  50,000

  	
   

  	
  $

  	
  45,000

  	
   

  
	
  Portion
  Payable in Options and Restricted Shares

  	
   

  	
  75,000

  	
   

  	
  50,000

  	
   

  
	
  Total Base
  Annual Fee:

  	
   

  	
  125,000

  	
   

  	
  95,000

  	
   

  
	
  Audit
  Committee Fees

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Chair (in
  addition to fee as a committee member)

  	
   

  	
  $

  	
  17,500

  	
   

  	
  $

  	
  11,000

  	
   

  
	
  Member

  	
   

  	
  6,000

  	
   

  	
  4,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  All
  Other Committee Fees

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Chair (in
  addition to fee as a committee member)

  	
   

  	
  $

  	
  10,500

  	
   

  	
  $

  	
  6,000

  	
   

  
	
  Member

  	
   

  	
  4,000

  	
   

  	
  4,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Lead
  Trustee Fee

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fee (in
  addition to Base Annual Fee)

  	
   

  	
  $

  	
  20,000

  	
   

  	
  $

  	
  10,000

  	
   

  
										

 

The
non-cash portion of the base annual fee is a long-term incentive grant of
options and restricted shares of the Company issued pursuant to the 2002 Share
Incentive Plan.  This grant will be
allocated between options and restricted shares in the same ratio and utilizing
the same valuation criteria as approved by the Board of Trustees for the annual
long-term incentive grants to the Company’s executive officers.   In past years, the long-term incentive
grants have typically been allocated 25% to options and 75% to restricted
shares.Exhibit 10.01

 

EMPLOYMENT AGREEMENT

 

In consideration for being
employed by Adaptec, Inc. (hereinafter, “Adaptec”), Subramanian ‘Sundi’
Sundaresh (hereinafter, “Employee”) and Adaptec acknowledge and agree to be
bound by the following Executive Employment Agreement:

 

1.                                       DUTIES AND RESPONSIBILITIES: Employee will be employed by Adaptec in the
position of President, reporting to Adaptec’s Chief Executive Officer
(hereinafter, “CEO”).  Employee’s duties
and responsibilities will be assigned by Adaptec’s CEO or his designee.  Employee’s duties and responsibilities may be
altered, modified and changed as Adaptec’s CEO deems appropriate.

 

2.                                       COMPENSATION: Employee’s base salary will be $375,000 per
year.  Adaptec’s CEO and Compensation
Committee of the Board of Directors may increase Employee’s base salary from
time to time as they deem appropriate. In addition, Employee will be eligible
to participate in Adaptec’s Executive Bonus Incentive Plan at a targeted amount
of 75% of annual base salary. That plan has a variable payout based upon
Adaptec’s performance, as well as the performance of Employee. The performance
targets for Adaptec and Employee which shall serve as the basis for awarding
Employee an incentive bonus shall be established by Adaptec’s CEO and Board of
Directors, in their sole discretion, at the beginning of each Fiscal Year. It
is within the sole discretion of Adaptec’s CEO or his designee to determine
whether Employee achieved all or part of the targets established as well as the
resulting bonus amount to be awarded. All bonus plans, including all
performance targets and all other aspects and conditions of those plans, shall
be established by and subject to change and modification by Adaptec’s CEO and
Board of Directors in their sole discretion.

 

3.                                       STOCK OPTIONS: As deemed appropriate by Adaptec’s CEO and
Board of Directors, Employee may receive option grants under the 2004 Equity
Incentive Plan.  The future grants will
vary in number given and in vesting schedules

 

4.                                       BENEFITS: Employee shall be eligible for all benefits
normally and regularly provided to Adaptec’s executive staff as may be in
effect from time to time, if any, in accordance with the rules established
from time to time for individual participation in any such plans. In addition,
Employee will be entitled to receive the following benefits: a $650 per month automobile
allowance, reimbursement for personal financial and tax advice up to $2,500 per
year, reimbursement for health club initiation fees of up to $300 plus 50% of
the club’s monthly dues up to $55.00 per month, survivor benefit management
services up to a maximum cost of $3,000, and a company-paid annual physical
examination. Employee shall also be eligible to participate in Adaptec’s
Deferred Compensation Plan as provided by that plan’s documents.

 

5.                                       EMPLOYEE’S AT-WILL
EMPLOYMENT: Employee
understands and agrees that his employment relationship with Adaptec is for an INDEFINITE PERIOD and is on an AT-WILL basis. This means that Employee is
free to terminate his employment with Adaptec at any time with or without cause
or notice and that Adaptec is similarly entitled to terminate Employee’s
employment at any time with or without cause or notice. Employee understands
and agrees that the AT-WILL nature
of his employment with Adaptec will be maintained throughout the time he is
employed by Adaptec and can only be changed by an express written employment
contract specifically prepared for Employee and signed by Adaptec’s CEO. If
Employee’s employment is terminated for any reason, including as a result of resignation
or constructive 

 

1

 

termination, Employee shall
not be entitled to any payments, benefits, damages, awards or compensation
other than as expressly and specifically required by Paragraph 8 of this
Agreement.

 

6.                                       OUTSIDE ACTIVITIES: During Employee’s employment with Adaptec,
he agrees to devote his full productive time, energies and abilities to the
proper and efficient management of Adaptec’s business. Without express, prior
written authorization from Adaptec’s Board of Directors, Employee shall not,
directly or indirectly, during the term of his employment: (1) render
services of a business, professional or commercial nature, to any other person,
firm, entity, or business, whether for compensation or otherwise; or (2) engage
in any activity competitive with or adverse to Adaptec’s business or welfare,
whether alone, or as an owner, shareholder or partner, or as an officer,
director, employee, advisor, contractor or consultant; or (3) serve as a
Director of a for-profit public company or as a Director of a for profit private
company with a valuation in excess of $10,000,000, without the prior written consent
of Adaptec’s CEO.

 

7.                                       PROTECTION OF ADAPTEC’S
CONFIDENTIAL AND PROPRIETARY INFORMATION AND TRADE SECRETS: During Employee’s employment with Adaptec
as well as at all times following his termination thereof, Employee agrees to
abide by and comply with the Employee Proprietary Information Agreement which
he entered into, a copy of which is attached hereto and incorporated herein as “Exhibit A.”

 

8.                                       TERMINATION OF EMPLOYMENT:

 

(a)                                  Termination for Cause: Adaptec and Employee agree that Adaptec may
terminate Employee’s employment and terminate this Agreement at any time “for
cause,” which shall include any one or more of the following reasons:

 

(1) A
deliberate or serious violation of the Employee’s material duties as assigned by
Adaptec’s CEO;

 

(2) Refusal
or unwillingness to perform such material duties in good faith and to the best Employee’s
ability upon request by Adaptec’s CEO or his designee;

 

(3) A
breach or violation of any other terms or conditions of this Agreement, including
the Employee Proprietary Information Agreement;

 

(4) Neglect
or poor performance of duties, if not remedied to Adaptec’s CEO’s satisfaction
after written notice has been given to the Employee by Adaptec’s CEO or his
designee;

 

(5) Conviction
of the Employee of a felony or other crime involving moral turpitude,
dishonesty, willful misconduct, misappropriation of funds, habitual insobriety
or illegal drug use;

 

(6) Substance
abuse or any other action on the part of the Employee involving willful and
deliberate malfeasance or gross negligence in the performance of his duties and
responsibilities, or any conduct or act which brings public disrespect,
contempt or ridicule upon Adaptec;

 

(7) A
deliberate or serious violation of any law, rule, regulation, constitutional provision,
or Adaptec policy or procedures, (which policies are subject to modification or
change at any time), or local, state or federal law, which

 

2

 

violation,
may, in the sole judgment of Adaptec’s CEO constitute justification for
Employee’s termination;

 

(8) Prolonged
absence from duties without the consent and approval of Adaptec’s CEO,
including but not limited to, where Employee is permanently disabled, which,
from the CEO’s sole discretion, constitutes justification for Employee’s
termination;

 

(9) Employee’s
death.

 

(b)                                 Consequences of Termination for Cause: In the event Adaptec exercises its option
to terminate Employee “for cause” as defined in this paragraph, Employee shall
be entitled only to the unpaid salary and unused vacation benefits which he has
accrued through and until the date of his termination as well as an amount
equal to the salary he would have otherwise received for any fully-accrued,
unused sabbatical. There shall be no entitlement to compensation for any partially-accrued,
unused sabbatical. Employee shall be entitled to no other or further compensation,
benefits or severance payments of any kind or nature in the event he is
terminated “for cause.” Should the Employee be terminated “for cause” as
provided in this paragraph, Adaptec will provide the Employee with a written statement
detailing such cause.

 

(c)                                  Termination Without Cause: Adaptec, by action of its CEO, may
terminate Employee’s employment and terminate this Employment Agreement at any
time and for any reason without cause by giving Employee written notification of
termination. In the event Adaptec exercises its option to terminate Employee
without cause, upon Employee signing a Separation Agreement and General
Release, Adaptec shall:

 

(1) pay
Employee his unpaid salary and unused vacation benefits he has accrued prior to
the date of his termination;

 

(2) pay
to Employee within 30 days following his termination of employment with Adaptec
a one-time payment equal to one year of base salary; plus an additional week of
base salary for each year of service beyond three years of service.  Employee’s prior service to the 2005 rehire
date will not be considered in calculating tenure.

 

(3) provide
outplacement services on Employee’s behalf through the use of a company or
consultant to be chosen by Employee in an amount not to exceed $10,000, said
payments to be made directly to the outplacement service provider;

 

(4) provide
Employee and his legal dependents with coverage under Adaptec’s health, vision
and dental insurance plans pursuant to the terms of the Consolidated Omnibus
Budget And Reconciliation Act (“COBRA”) following the termination of Employee’s
employment with Adaptec. Adaptec agrees to pay the premiums for those COBRA
benefits for the period of one year following the termination of his
employment.

 

(d)                                 Change of Control:  If
within one (1) year of the Change of Control: 1)A material reduction,
without Employee’s consent, of the annual base and target incentive
compensation specified in this letter of agreement; 2) The failure of the
Company’s successor after a Change in Control to assume this letter of
agreement. 3) Employee’s employment is terminated without cause by the Company
4) if the Employee’s position of responsibility is substantially changed or 

 

3

 

5)
if the position relocates to more than 25 additional commute miles (one way) and
the employee elects to be terminated:

 

Upon signing a Separation Agreement and General
Release, Employee shall receive a one-time payment equal to 1.5 (one and
one-half) times the annual base pay, 1 (one) times the targeted bonus, COBRA
benefits for 1 (one) year, and outplacement assistance as noted in (c 3).  Employee will also receive accelerated option
vesting as noted in the Change of Control provisions of the 2004 Equity Incentive
Plan.  If the employee has less than one
year of service with the Company at time of Change of Control termination, then
Employee will receive the greater of a prorated amount of (d) or the full
payment in (c 1-4) whichever is greater.

 

(e)                                  Termination at Option of Employee: This Agreement may be terminated by Employee
and Employee has the right to resign his employment with Employer in his sole discretion
at any time. In the event the Employee terminates his employment at any time
for any reason, the Employee shall be entitled only to the compensation and
unused vacation benefits earned by him up to and including the effective date
of his termination, and he shall be entitled to no further or other
compensation, benefits, or severance payments of any nature or kind.

 

(f)                                    Return of Adaptec Equipment and Property. At the time of Employee’s termination of
employment with Adaptec, Employee agrees to return to Adaptec all Adaptec property
and equipment, including but not limited to, computers, printers, computer
diskettes, software, files, records, computations, reports, studies, manuals,
notebooks, documents, correspondence, customer lists, lists of potential
customers, and any and all other confidential information or records and other
similar items relating to Adaptec’s business, whether prepared by Employee or
otherwise coming into Employee’s possession.

 

9.                                       FINAL AND BINDING
ARBITRATION:

 

(a)                                  Final and Binding Arbitration: In the event any controversy or dispute
arises in connection with the validity, construction, application, enforcement
or breach of this Agreement, including any and all claims that the Employee may
have against Adaptec or any of its officers, directors, employees and/or agents
acting in their official capacity or otherwise, and all disputes and claims
Adaptec may have against Employee, shall be submitted and subjected to final and binding arbitration pursuant to
the employment dispute resolution rules of the American Arbitration
Association and the California Arbitration Act and the parties hereto expressly waive their rights, if any, to have such
matters heard by a court or jury, or administrative agency, whether state or
federal. The claims covered by this Agreement which shall be submitted
to final and binding arbitration include, but
are not limited to, claims for breach of this Agreement, claims for
wrongful termination and constructive termination, including any and all claims
for compensation and benefits as called for in paragraph 8 of this Agreement;
claims for wages or other compensation and benefits due; claims for breach of
any contract or covenant (express or implied); tort claims; claims for
discrimination and harassment (including, but not limited to, race, color, sex,
religion, national origin, age, sexual orientation, marital status, medical
condition, family leave, handicap and/or disability); claims for benefits
(except where an employee benefit or pension plan specifies that its claims
procedure shall culminate in an arbitration procedure different from this one);
and claims for violation of any federal, state or other governmental law,
statute, regulation, constitution or ordinance, with the exception of claims
excluded in Paragraph 9(b) below.

 

4

 

(b)                                 Claims Not Covered By And Excluded From
Binding Arbitration: The
parties agree that any claims that the Employee may have for workers’
compensation or unemployment compensation benefits are not subject to final and
binding arbitration. In addition, the parties agree that both parties shall
have the right to seek injunctive relief from a court of competent jurisdiction.

 

(c)                                  Required Notice Of All Claims and Statute Of
Limitations: The parties
agree that the aggrieved party must be given written notice of any claim to be
arbitrated to the other party within the period of time required by the
applicable federal or state statute of limitations. If proper and adequate
notice is not given, then the parties agree that any such claim shall not be arbitrated
and shall be waived and cannot be brought or litigated in any judicial,
arbitral or administrative forum at any time in the future.

 

(d)                                 Legal Representation: The parties agree that each party to the
arbitration may be represented by an attorney or other representative of their
own choosing.

 

(e)                                  Arbitration Procedures: The parties agree to abide by the
employment rules and procedures as set forth by the American Arbitration
Association. The arbitration shall take place in Santa Clara County,
California. The arbitrator shall be selected as follows. The party seeking to
arbitrate the dispute shall request a list of seven arbitrators from the
American Arbitration Association, said arbitrators to be knowledgeable and
experienced in handling employment law matters. Each party shall take turns
striking one name from the list, until only one name remains. The party seeking
to arbitrate the claim shall strike the first name from the list.

 

The
arbitrator shall apply the substantive law and all applicable remedies of the
state in which the claim arose, or federal law, or both, as applicable to the
claims asserted. The arbitrator, and not any federal, state or local court or
agency, shall have exclusive authority over any dispute relating to the
interpretation, applicability, enforceability, formation or breach of this Agreement,
including but not limited to any claim that any or all part of the Agreement is
void or voidable. The arbitration shall be final and binding upon the parties.
The arbitrator shall have the authority to entertain a motion to dismiss and/or
motion for summary judgment by any party and shall apply the standards
governing such motion under the Federal Rules of Civil Procedure.

 

The
parties shall have the right to arrange for and share the cost of a court
reporter to provide a stenographic recording of the arbitration proceedings. At
the close of the arbitration hearing, the parties shall have the right to
prepare and submit post-hearing briefs. The time for filing such a brief shall
be set by the arbitrator.

 

Either
party may bring an action in any court of competent jurisdiction to compel arbitration
under this Agreement and to enforce an arbitration award. Except as otherwise provided
in this Agreement, the parties agree that they will not initiate or prosecute
any lawsuit or administrative action (other than an administrative charge of
discrimination) in any way related to any claim covered by this Agreement.

 

Adaptec
shall pay for all fees and costs of the arbitrator as well as for the cost of
the hearing room. Each party shall pay for its own costs and attorneys’ fees,
if any, incurred in connection with the arbitration. However, if any party
prevails on a statutory claim which affords the prevailing party attorneys’
fees, the arbitrator may award reasonable attorneys’ fees to the prevailing
party.

 

5

 

This
Agreement to arbitrate shall survive the termination of Employee’s employment. This
is the complete agreement of the parties on the subject of arbitrating
disputes.

 

10.                                 PAYMENT OF TAXES: All payments made to Employee under this Agreement
shall be subject to all applicable federal and state income, employment and
payroll taxes.

 

11.                                 ENTIRE AGREEMENT: This Agreement supersedes any and all other
agreements or understandings, whether oral, implied or in writing, between the
parties hereto with respect to the subject matters covered herein, and contains
all of the covenants and agreements between the parties with respect to such
matters in their entirety. Each party to this Agreement acknowledges that no
representations, inducements, promises or agreements, orally or otherwise, have
been made by any party, or anyone acting on behalf of any party, which are not
embodied herein, and that no other agreement, statement or promise not contained
in this Agreement shall be valid or binding. Any modification to this Agreement
shall be effective only if it is in writing and signed by Employee and Adaptec’s
CEO.

 

12.                                 PARTIAL INVALIDITY: If any other provision in this Agreement is
held by a court or arbitrator of competent jurisdiction to be invalid, void or
unenforceable, the remaining provisions shall nevertheless continue in full
force and effect without being impaired or invalidated in any way.

 

13.                                 APPLICABLE LAW: The laws of the State of California shall
govern this Agreement, notwithstanding conflict of laws.

 

14.                                 CONFIDENTIALITY: Employee agrees that at all times during
his employment with Adaptec and following his termination he shall maintain as
strictly confidential the existence of, and terms and conditions contained in,
the Agreement, to the fullest extent allowed by law.

 

15.                                 PREPARATION OF AGREEMENT: Regardless of which party initially drafted
this Agreement, it shall not be construed against any one party, and shall be
construed and enforced as a mutually prepared Agreement.

 

16.                                 NOTICES: Any notice pursuant to this Agreement shall
be deemed validly given or served if given in writing and delivered personally
or ten (10) calendar days after being sent by U.S. registered or certified
mail, return receipt requested and postage prepaid. In the case of Employee,
mailed notices shall be addressed to him at the home address which he most recently
communicated to Adaptec in writing. In the case of Adaptec, mailed notices
shall be directed and addressed to Chairman and Chief Executive Officer,
Adaptec, Inc., 691 South Milpitas Blvd., Milpitas, CA 95035.

 

17.                                 CONTINUING OBLIGATIONS: Whether or not Employee’s employment relationship
with Adaptec is terminated, neither Employee nor Adaptec shall be relieved of
the continuing obligations of the covenants contained in this Agreement.

 

18.                                 SUCCESSORS: Adaptec shall require any successor or
assignee, in connection with any sale, transfer or other disposition of all or
substantially all of Adaptec’s assets or business, whether by purchase, merger,
consolidation or otherwise, expressly to assume and agree to perform Adaptec’s
obligations under this Agreement in the same manner and to the same 

 

6

 

extent that Adaptec would be
required to perform if no such succession or assignment had taken place.

 

19.                                 EMPLOYEE’S REPRESENTATIONS: Employee represents and warrants that he is
free to enter into this Agreement and to perform each of the terms and
covenants of it. Employee represents and warrants that he is not restricted or
prohibited, contractually or otherwise, from entering into and performing this
Agreement, and his execution and performance of this Agreement is not in
violation or breach of any other agreement between him and any other person or
entity. Employee acknowledges and agrees that he is entering into this Agreement
voluntarily and free of any duress or coercion.

 

	
  ADAPTEC, INC.

  
	
   

  
	
  /s/Scott Mercer

  	
   

  
	
  Scott Mercer

  
	
  Chief Executive Officer

  
	
   

  
	
  Entered into at Milpitas,
  California,

  
	
  this 21 day of September,
  2005.

  
	
   

  
	
   

  
	
  /s/ Subramanian Sundaresh

  	
   

  
	
  Subramanian Sundaresh

  
	
  President

  
	
   

  
	
  Entered into at Milpitas,
  California,

  
	
  this 21 day of September,
  2005.

  
			

 

EXHIBIT A

[Attach Signed Copy of
Employee Proprietary Information Agreement]

 

7

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