Document:

Amended and Restated Employment Agreement - Eric Schlezinger and Dialogic Inc.

 Exhibit 10.3 
 December 30, 2010 
 Eric Schlezinger 
 C/O Dialogic Inc. 
 926 Rock Avenue 
 San Jose, California 95131 
  

	Re:	Amended and Restated Employment Agreement 

Dear Eric: 
 Dialogic Inc. (the
“Company”) is pleased to confirm the terms and conditions of your continuing employment as the Company’s Executive Vice President, General Counsel and Secretary as set forth in this letter agreement (the “Agreement”). The
Company acknowledges that your rights to this compensation and benefits set forth herein arose at the closing of the merger of Dialogic and Veraz, which was effective on October 1, 2010 (“Effective Date”). This Agreement amends and
supersedes in its entirety the employment letter agreement entered into by and between the Company and you on September 9, 2008 (the “Prior Agreement”). The terms of your continuing employment are as follows: 

1. Duties. You will continue to be responsible for managing the legal department at Dialogic. You will continue report to Chief
Executive Officer. You shall devote your best efforts and full business time, skill and attention to the performance of your duties. You will also be expected to adhere to the general employment policies and practices of the Company that may be in
effect from time to time, except that when the terms of this Agreement conflict with the Company’s general employment policies or practices, this Agreement will control. The Company may change your position, reporting relationship, duties, work
location and compensation from time to time in its discretion. 
 2. Compensation. You will be paid an annual base salary
of $265,000, less applicable deductions and withholdings, to be paid each month in accordance with the Company’s payroll practices, as may be in effect from time to time. 
 3. Benefits. The Company will continue to provide you an opportunity to participate in the Company’s broad-based medical, dental, life, supplemental life, and disability insurance policies, as
well as sick leave, paid vacation and other Company-sponsored benefits and programs on the same terms and conditions as such benefits are generally offered to similarly situated employees. The Company may, from time to time, change these benefits in
its discretion. Additional information regarding these benefits is available for your review upon request. 

4. Performance Bonuses. Each year, you will be eligible to continue to earn an annual incentive bonus at
target equal to thirty-five percent (35%) of your annual base salary. Whether you receive such a bonus, and the amount of any such bonus, shall be determined by the Board in its sole discretion, and shall be based on achievement of performance
objectives to be established by the Board (or duly authorized committee thereof) and the Chief Executive Officer. Any earned bonus shall be paid prior to March 15th of the year following the year in which the 

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bonus ceased to be subject to a substantial risk of forfeiture. You must be employed on the day that your bonus (if any) is paid in order to earn the bonus. Therefore, if your employment is
terminated either by you or the Company for any reason prior to the bonus being paid, you will not have earned the bonus and no partial or prorated bonus will be paid. 
 5. Termination; Severance. 
 (a) Resignation without Good Reason;
Termination For Cause; Termination Due to Death or Disability. If, at any time, you resign your employment without Good Reason (as defined herein), or if the Company terminates your employment for Cause (as defined herein), or if either party
terminates your employment as a result of your death or disability, you will receive your base salary accrued through your last day of employment, as well as any unused vacation (if applicable) accrued through your last day of employment. In either
of these events, you will not be entitled to any other form of compensation from the Company, including any severance benefits. 

(b) Termination without Cause; Resignation for Good Reason. If, at any time, either the Company terminates your employment without
Cause, and other than as a result of your death or disability, or you resign for Good Reason, and provided such termination constitutes a “separation from service” (as defined under Treasury Regulation Section 1.409A-1(h), without
regard to any alternative definition thereunder, a “Separation from Service”), then subject to your obligations below, you shall be entitled to receive (collectively, the “Severance Benefits”): 

(i) a lump sum cash payment equal to 6 months of your then current base salary, ignoring any decrease in base salary
that forms the basis for Good Reason, less all applicable withholdings and deductions, paid on the 60th day following your Separation from Service (the “Salary Continuation”), subject to any delay in payment required by Section 8. 

(ii) if you timely elect continued coverage under COBRA for yourself and your covered dependents under the Company’s group health
plans following such termination or resignation of employment, then the Company shall pay, as and when due, the COBRA premiums necessary to continue your health insurance coverage in effect for yourself and your eligible dependents on the
termination date until the earliest of (A) the close of the 6 month period following the termination of your employment, (B) the expiration of your eligibility for the continuation coverage under COBRA, or (C) the date when you become
eligible for substantially equivalent health insurance coverage in connection with new employment or self-employment (such period from the termination date through the earliest of (A) through (C), the “COBRA Payment Period”).
Notwithstanding the foregoing, if at any time the Company determines, in its sole discretion, that the payment of the COBRA premiums would result in a violation of the nondiscrimination rules of Section 105(h)(2) of the Code or any statute or
regulation of similar effect (including but not limited to the 2010 Patient Protection and Affordable Care Act, as amended by the 2010 Health Care and Education Reconciliation Act), then in lieu of providing the COBRA premiums, the Company shall
instead pay you on the first day of each month of the remainder of the COBRA Payment Period a fully taxable cash payment equal to the COBRA premiums for that month, subject to applicable tax withholdings (such 

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amount, the “Special Severance Payment”), for the remainder of the COBRA Payment Period. On the sixtieth (60th) day following your Separation from Service, the Company will make
the first payment under this clause (and, in the case of the Special Severance Payment, such payment will be made you, in a lump sum) equal to the aggregate amount of payments that the Company would have paid through such date had such payments
commenced on the Separation from Service through such sixtieth (60th) day, with the balance of the payments paid thereafter on the schedule described above, subject to any delay in payment required by Section 8. If you become eligible for
coverage under another employer’s group health plan or otherwise cease to be eligible for COBRA during the period provided in this clause, you must immediately notify the Company of such event, and all payments and obligations under this clause
shall cease. 
 The Severance Benefits are conditional upon (a) your continuing to comply with your obligations under your
Proprietary Information and Invention Agreement during the period of time in which you are receiving the Severance Benefits; (b) your delivering to the Company an effective, general release of claims in favor of the Company in a form acceptable
to the Company within 60 days following your Separation from Service; and (c) if you are a member of the Board, your resignation from the Board, to be effective no later than the date of your termination date (or such other date as requested by
the Board). 
 (c) Termination without Cause; Resignation for Good Reason – Change of Control. If either (i) on
or before September 30, 2011, or (ii) on or within twelve (12) months following the closing of a future Change of Control, either the Company or a successor corporation terminates your employment without Cause and other than as a
result of your death or disability, or you resign for Good Reason, and provided such termination constitutes a Separation from Service, then, in addition to receiving the Severance Benefits, you will also receive (subject to your satisfaction of the
conditions to receiving the Severance Benefits) the acceleration of the vesting of all of your then-outstanding compensatory stock grants as of the date of termination, subject to any delay in payment required by Section 8. 

6. Definitions. 
 (a) Change of Control. “Change of Control” shall mean the consummation of any one of the following events, but only if such event also constitutes a “change in the ownership or
effective control of the corporation or in the ownership of a substantial portion of the assets of the corporation” as defined under Treasury Regulation Section 1.409A-3: (a) a sale, lease or other disposition of all or substantially
all of the assets of the Company; (b) a consolidation or merger of the Company with or into any other corporation or other entity or person, or any other corporate reorganization, in which the shareholders of the Company immediately prior to
such consolidation, merger or reorganization, own less than 50% of the Company’s outstanding voting power of the surviving entity (or its parent) following the consolidation, merger or reorganization or (c) any transaction (or series of
related transactions involving a person or entity, or a group of affiliated persons or entities) in which in excess of fifty percent (50%) of the Company’s outstanding voting power is transferred (excluding (i) any consolidation or
merger effected exclusively to change the domicile of the Company, or (ii) any transaction or series of transactions principally for bona fide equity financing purposes in which cash is received by the Company or any successor or indebtedness
of the Company is cancelled or converted or a combination thereof). 

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 (b) Cause. For purposes of this Agreement, “Cause” shall mean one or
more of the following: (i) your conviction of a felony; (ii) your commission of any act of fraud with respect to the Company; (iii) any intentional misconduct by you that has a material adverse effect upon the Company’s business
that is not cured by you within thirty (30) days after written notice is given to you by the Company identifying such misconduct; (iv) your breach of any fiduciary or contractual obligation that you owe to the Company that has a material
adverse effect upon the Company’s business and is not cured by you within thirty (30) days after written notice is given to you by the Company identifying such breach; (v) willful misconduct or gross negligence in the performance of
your duties hereunder, including (without limitation) your refusal to comply in any material respect with the legal directives of the Board or the CEO, so long as such directives are not inconsistent with your position and duties, that are not cured
by you within thirty (30) days after written notice is given to you by the Company identifying such misconduct or negligence. 
 (c) Good Reason. For the purposes of this Agreement, “Good Reason” shall mean your resignation in writing from all positions you then hold with the Company as a result of any one of the
following events which occurs without your consent: (i) any reduction of your then current annual base salary without your written consent; (ii) any material diminution of your duties, responsibilities, or authority to a level below that
of an officer of the Company, excluding for this purpose (1) an isolated or inadvertent action not taken in bad faith that is remedied by the Company immediately after notice thereof is given by you, and (2) any change in your title,
duties, responsibilities or authority if you are given or you retain other officer level duties within the Company; or (iii) any requirement that you relocate to a work site that results in the increase in your round trip commute by more than
twenty five (25) miles. 
 (d) Code. For the purposes of this Agreement, “Code” means the Internal Revenue
Code of 1988, as amended. 
 7. 280G Best After Tax. If any payment or benefit you would receive from the Company or
otherwise in connection with a Change of Control or other similar transaction (“Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code, and (ii) but for this sentence,
be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment shall be equal to the Reduced Amount. The “Reduced Amount” shall be either (x) the largest portion of the Payment
that would result in no portion of the Payment being subject to the Excise Tax, or (y) the largest portion, up to and including the total, of the Payment, whichever amount ((x) or (y)), after taking into account all applicable federal, state
and local employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate), results in your receipt of the greatest economic benefit notwithstanding that all or some portion of the Payment may be subject to
the Excise Tax. If a Reduced Amount will give rise to the greater after tax benefit, the reduction in the Payments shall occur in the following order: (a) reduction of cash payments; (b) cancellation of accelerated vesting of equity awards
other than stock options; (c) cancellation of accelerated vesting of stock options; and (d) reduction of other benefits paid to you. Within any such category of payments and benefits (that is, (a), (b), (c) or (d)), a reduction shall
occur first with respect to amounts that are not “deferred compensation” within the meaning of Section 409A and then with respect to amounts that are. In the event that acceleration of compensation from your 

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equity awards is to be reduced, such acceleration of vesting shall be canceled, subject to the immediately preceding sentence, in the reverse order of the date of grant. 

8. Section 409A. Notwithstanding anything to the contrary herein, it is intended that the severance benefits and other
payments payable under this Agreement satisfy, to the greatest extent possible, the exemptions from the application of Code Section 409A provided under Treasury Regulations 1.409A-1(b)(4), 1.409A-1(b)(5), and 1.409A-(b)(9) and this Agreement
will be construed to the greatest extent possible as consistent with those provisions. For purposes of Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (collectively “Section
409A”) (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), all payments made under this Agreement, including without limitation your right to receive any installment payments under this
Agreement (whether severance payments, reimbursements or otherwise) shall be treated as a right to receive a series of separate payments and, accordingly, each installment payment hereunder shall at all times be considered a separate and distinct
payment. 
 It is intended that any severance payment and any other benefits provided hereunder that are not exempt from
application of Section 409A shall be interpreted and administered so as to comply with the requirements of Code Section 409A to the greatest extent possible, including the requirement that, notwithstanding any provision to the contrary in
this Agreement, if you are deemed by the Company at the time of your Separation from Service to be a “specified employee” for purposes of Code Section 409A(a)(2)(B)(i), and to the extent payments due to you upon a Separation from
Service are deemed to be “deferred compensation”, then to the extent delayed commencement of any portion of such payments (or delayed issuance of any shares subject to stock awards that are not themselves exempt from Code
Section 409A) is required in order to avoid a prohibited distribution under Code Section 409A(a)(2)(B)(i) and the related adverse taxation under Section 409A, such payments shall not be provided to you (or such shares issued) prior to
the earliest of (i) the expiration of the six-month period measured from the date of your Separation from Service with the Company, (ii) the date of your death or (iii) such earlier date as permitted under Section 409A without
the imposition of adverse taxation. Upon the first business day following the expiration of such applicable Code Section 409A(a)(2)(B)(i) period, all payments deferred pursuant to this paragraph shall be paid in a lump sum to you, and any
remaining payments due shall be paid as otherwise provided herein or in the applicable agreement. No interest shall be due on any amounts so deferred. 
 The severance benefits are intended to qualify for an exemption from application of Section 409A or comply with its requirements to the extent necessary to avoid adverse personal tax consequences to
you under Section 409A, and any ambiguities herein shall be interpreted accordingly. This Agreement constitutes an amendment undertaken pursuant to Treasury Notice 2010-6, and as such, you hereby represent that as of the date of this Agreement,
you are not currently under audit in respect of your federal income tax returns for any tax year starting in the year of the Prior Agreement through the date of this Agreement. 

In addition, the Company and you hereby amend all of your currently outstanding restricted stock unit award agreements in order to
clarify that any shares vesting under those agreements (whether such shares vest in the ordinary course or are subject to accelerated vesting as set forth herein) shall be issued not later than the later of (i) December 31 of the year in
which 

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the shares subject thereto are no longer subject to a substantial risk of forfeiture and (ii) the 15th day of the third calendar month after the year in which the shares subject thereto are no longer subject to a
substantial risk of forfeiture, so that the issuance of such shares complies with Treasury Regulation 1.409A-3(d). 
 9.
Confidentiality Obligations. As condition of your continued employment, you must continue to abide by the terms of the Company’s standard form of Proprietary Information and Invention Agreement, a copy of which is attached hereto as
Exhibit A. 
 10. At-Will Employment. Your employment with Company will be “at-will.” This means that
either you or Company may terminate your employment at any time, with or without Cause, and with or without advance notice. 

11. Arbitration. To ensure the rapid and economical resolution of disputes that may arise in connection with your employment with
the Company, you and the Company agree that any and all disputes, claims, or causes of action, in law or equity, arising from or relating to the enforcement, breach, performance, or interpretation of this Agreement, your employment with the Company,
or the termination of your employment, shall be resolved, to the fullest extent permitted by law, by final, binding and confidential arbitration in San Jose, California by JAMS, Inc. (“JAMS”) or its successor, under JAMS’ then
applicable rules and procedures. You acknowledge that by agreeing to this arbitration procedure, both you and the Company waive the right to resolve any such dispute through a trial by jury or judge or administrative proceeding. You will have
the right to be represented by legal counsel at any arbitration proceeding. The arbitrator shall: (a) have the authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by
law; and (b) issue a written statement signed by the arbitrator regarding the disposition of each claim and the relief, if any, awarded as to each claim, the reasons for the award, and the arbitrator’s essential findings and conclusions on
which the award is based. The arbitrator shall be authorized to award all relief that you or the Company would be entitled to seek in a court of law. The Company shall pay all JAMS arbitration fees in excess of the administrative fees that you would
be required to pay if the dispute were decided in a court of law. Nothing in this Agreement is intended to prevent either you or the Company from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of any such
arbitration. 
 12. Miscellaneous. This Agreement is the complete and exclusive statement of all of the terms and
conditions of your employment with the Company, and supercedes and replaces any and all prior agreements or representations with regard to the subject matter hereof, whether written or oral, including but not limited to the Prior Agreement. It is
entered into without reliance on any promise or representation other than those expressly contained herein, and it cannot be modified, amended or extended except in a writing signed by you and a duly authorized member of the Board. This Agreement is
intended to bind and inure to the benefit of and be enforceable by you and the Company, and our respective successors, assigns, heirs, executors and administrators, except that you may not assign any of your duties or rights hereunder without the
express written consent of the Company. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal
or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, 

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illegality or unenforceability will not affect any other provision or any other jurisdiction, but this Agreement will be reformed, construed and enforced as if such invalid, illegal or
unenforceable provisions had never been contained herein. This Agreement and the terms of your employment with the Company shall be governed in all aspects by the laws of the State of California. 

If you agree to the terms and conditions set forth herein, please initial the bottom of each page and sign where indicated on the last page. This
Agreement will become effective on the Effective Date. 
 If you have any questions about this Agreement, please do not hesitate to call me.

 Best regards, 

DIALOGIC INC. 
  

	
	 /s/ Rosanne Sargent

	Rosanne Sargent
	SVP Human Resources

 Accepted and agreed: 

 

	
	 /s/ Eric Schlezinger

	Eric Schlezinger
	
	Date: 12/30/10Amended and Restated Employment Agreement - Anthony Housefather & Dialogic Corp.

 Exhibit 10.4 

 

 

 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”), is entered into to be effective as of October 1,
2010 (“Effective Date”) by and between Dialogic Corporation, a wholly-owned subsidiary of Dialogic Inc. (“Dialogic”) and Anthony Housefather (“Executive”). 

WHEREAS Executive has been employed by Dialogic since August 25, 1997 (“Start Date”) under the terms of an offer
letter as has been amended from time to time (“Original Employment Agreement”) and currently occupies the position of Executive Vice President and Chief Administrative Officer. 

WHEREAS, pursuant to an Employment Agreement (“Amended and Restated Employment Agreement”) dated as of November 2, 2009,
Dialogic and Executive amended and restated the terms and conditions of Executive’s employment with Dialogic superceding and replacing the Original Employment Agreement in its entirety 

WHEREAS, on October 1, 2010, Dialogic closed a series of transactions with Dialogic Inc., formerly known as Veraz Networks, Inc.,
pursuant to which Dialogic became a wholly-owned subsidiary of Dialogic Inc. and pursuant to which Executive’s position with Dialogic was redefined. 
 WHEREAS Dialogic and Executive wish to more fully set out the terms of Executive’s employment with Dialogic and therefore desire to replace the Original Employment Agreement and the Amended and
Restated Employment Agreement with this Agreement as of the Effective Date. 
 WHEREAS, notwithstanding the foregoing, Dialogic
acknowledges that, for all purposes related to Executive’s employment, including but not limited to Executive’s rights under this Agreement, rights under law and rights under Dialogic policies, it shall recognize Executive’s full term
of employment, commencing on the Start Date. 
 NOW THEREFORE, in consideration of the premises and mutual covenants set forth
herein, and other consideration, the receipt of which is hereby acknowledged, Dialogic and Executive hereby agree as follows: 
 1. Preamble.
The preamble of this Agreement forms an integral part of this Agreement as if it was recited at length herein. 
 2. Employment. Dialogic
agrees to continue to employ Executive and Executive hereby accepts such continued employment with Dialogic to serve as Executive Vice President Chief Administrative Officer for Dialogic and its direct and indirect subsidiaries and Dialogic’s
parent corporation, Dialogic Inc. together with its direct and indirect subsidiaries (“Dialogic Group”), upon the revised terms and conditions as set forth in this Agreement for the period beginning on the Effective Date and
continuing until the termination of Executive’s employment with Dialogic, as permitted under Section 6 of this Agreement (the “Employment Period”). 
 3. Position and Duties. 
  

	 	(a)	 During the Employment Period, Executive shall serve as the Executive Vice President and Chief Administrative Officer of the Dialogic Group and shall
have the normal duties, responsibilities and authority of an individual holding such position, subject to the power of the Board of Directors of Dialogic, or its successor company, if applicable, (in either case, the “Board”) to
reasonably expand or 

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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limit such duties, responsibilities and authority within the confines of the customary duties, responsibilities and authority commensurate with Executive’s position.

  

	 	(b)	Executive shall report both to the Chief Executive Officer of Dialogic and to the President and Chief Operating Officer of Dialogic or such other individuals as the
Board may designate, and Executive shall devote his best efforts and his full business time and attention (except for permitted vacation periods and reasonable periods of illness or other incapacity) to the business and affairs of the business of
Dialogic and the business and affairs of all the Dialogic Group. Executive shall perform his duties and responsibilities to the best of his abilities in a diligent, trustworthy, businesslike and efficient manner. 

 

	 	(c)	Notwithstanding the foregoing, during the Employment Period, it shall not be a violation of this Agreement for Executive to (i) run for and hold public office;
(ii) serve on industry trade, civic or charitable boards or committees; (iii) deliver lectures or fulfill speaking engagements; or (iv) manage personal investments, as long as such activities do not negatively impact in a material way
the performance of the Executive’s duties and responsibilities to Dialogic. During the Employment Period, the Executive shall be permitted to serve on for-profit corporate boards of directors and advisory committees if approved in advance by
the Board, which approval shall not unreasonably be withheld or delayed unless the company concerned is a direct or indirect competitor of Dialogic, in which case the Board may withhold approval at its entire discretion. 

 

	 	(d)	Dialogic acknowledges that Executive is required by virtue of his position to serve as a director and officer of Dialogic and/or many other companies in the Dialogic
Group. Dialogic agrees to maintain directors and officers insurance that will cover Executive in the performance of his functions as a director and officer of Dialogic and any other company in the Dialogic Group. Dialogic and Executive have executed
the indemnity agreement, attached hereto as Annex A (“Indemnity Agreement”) and agree that the Indemnity Agreement supercedes any previous indemnity agreements executed by Dialogic and Executive, including the indemnity agreement executed
January 2, 2003 and the indemnity agreement executed on or about November 2, 2009. This Indemnity Agreement remains in effect during and after the Employment Period. 

 4. Base Salary, Bonus and Benefits. 
  

	 	(a)	Base Salary. During the Employment Period, Executive’s base salary shall be as set from time to time by the Board or a Committee of the Board
(“Compensation Committee”), but under no circumstances will be less than CAD $250,000 per annum (“Base Salary”), unless a reduction in pay is mutually agreed to by both Executive and Dialogic. The Base Salary shall
be payable in regular installments in accordance with Dialogic’s general payroll practices and shall be subject to customary withholding taxes and standard payroll deductions. Executive and Dialogic understand and agree that all prior
agreements, including specifically the letter agreement dated April 8, 2009, with respect to reductions in pay have now been terminated and no longer carry any force or effect 

 

	 	(b)	 Car Allowance. Executive will continue to receive an annual car allowance of CAD 9,000, which allowance shall be paid in 24 roughly equal
installments of CAD375 each on approximately the 15th and
last day of each calendar month. 

  

	 	(c)	 Bonus. In addition to the one time bonuses related to real estate and facilities and purchasing functions

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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which are covered by subsections 4(i) and 4 (j) below, Executive will be eligible to earn target incentive compensation equal to $50,000 per year based on 100% achievement of Dialogic Group
objectives as determined by the Board of Directors of Dialogic Inc. and set forth in a bonus plan of general applicability to all executives in the Dialogic Group. Executive’s entitlement to be fully or partially paid for the target incentive
compensation each year will be determined based on the Dialogic Group’s achievement of company objectives. 

  

	 	(d)	Benefits. During the Employment Period, Executive will be entitled to participate in all of Dialogic’s employee benefit programs for which senior executive
employees of the Dialogic Group are generally eligible (collectively, the “Benefits”). 

  

	 	(e)	Paid Time Off. During the Employment Period, Executive will be entitled to paid time off in accordance with Dialogic’s policy in effect as of the Effective
Date and all such paid time off benefits shall otherwise be administered and taken in accordance with Dialogic’s policy for paid time off as in effect from time to time. Notwithstanding anything to the contrary contained in Dialogic’s paid
time off policies then in effect, Dialogic acknowledges that Executive has exceptionally been permitted to carry over unused vacation days from previous years, such that Executive was credited with 63 days of such carried over vacation as of
April 30, 2009, which are exceeding the vacation amounts Executive would otherwise be entitled to carry over. (“Vacation Carry-Over Days”). It is hereby agreed that Executive will make reasonable efforts to use a minimum
of five (5) such Vacation Carry-Over Days per year, provided that it is scheduled and taken in accordance with Dialogic’s policy for paid time off as in effect from time to time. For the period commencing May 1, 2010, Executive
understands and agrees that all paid time off (other than the Vacation Carry-Over Days described above) will accrue and must be taken in accordance with the standard Dialogic policies for employees in Canada. 

 

	 	(f)	Expenses. Executive acknowledges that the position of Executive Vice President and Chief Administrative Officer is one that will require extensive travel in
order to perform the specified job responsibilities. Dialogic shall reimburse Executive for all reasonable expenses incurred by him in the course of performing his duties under this Agreement which are consistent with Dialogic’s policies in
effect from time to time with respect to travel, entertainment and other business expenses, subject to Executive’s compliance with Dialogic’s requirements with respect to reporting and documentation of such expenses.

  

	 	(g)	RRSP Contribution. Executive will continue to receive an RRSP contribution in the amount of CAD5400 on an annual basis which shall be directly deposited in
January of each calendar year into the account designated by Executive. 

  

	 	(h)	Bar Fees and Insurance. Dialogic shall reimburse Executive for all fees and expenses associated with his remaining a licensed attorney and member in good
standing of the bar. This includes annual bar membership fees and associated professional insurance. 

  

	 	(i)	 Real Estate Performance Bonus. Executive shall be entitled to receive a one-time Real Estate Performance Bonus which shall not exceed $75,000 in
total. Executive’s entitlement to the Real Estate Performance Bonus shall be based on the reduction of the total property base rental cost of the Dialogic Group for 2010 (exclusive of one-time costs for lease termination payments) by the
percentages set out below for future annual periods. To determine the total property base rental for future annual periods, 

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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leases for new sites shall be excluded. However for the purposes of this subsection new sites shall not mean moving offices from one location to another nearby location but rather shall mean an
entirely new site being opened that did not exist in 2010. The Real Estate Performance Bonus shall be paid based on the Dialogic Group having achieved savings of: (i) 2%-$15,000; (ii) 4%-$30,000; (iii) 6%-$45,000;
(iv) 8%-$60,000; and (iv) 10% or more $75,000. Eligibility for the Real Estate Performance Bonus shall be calculated at the end of every calendar year until the maximum amount is paid. Once the amount is calculated at the end of every
calendar year, the Executive shall be paid the difference between the amount that he is eligible to earn above less any Real Estate Performance Bonus amounts already paid in previous years. 

 

	 	(j)	Purchasing Performance Bonus. Executive shall be entitled to receive a one-time Purchasing Performance Bonus which shall not exceed $75,000. Executive’s
entitlement to the Purchasing Performance Bonus shall be based on the reduction of the purchasing price of goods that are the responsibility of the purchasing department after the Effective Date based on a benchmark of lowest cost of the Dialogic
Group in 2010 on equal purchases by the percentages set out below for future annual periods. Dialogic shall provide such benchmark calculation to the Executive at the end of 2010 and then shall calculate the purchase price of such goods on an annual
basis. The Purchasing Performance Bonus shall be paid based on the Dialogic Group having achieved savings of: (i) Minimum 5% savings $25,000 bonus; (ii) 12.5% savings -$50,000 bonus; (iii) 20% savings $75,000 bonus. Eligibility
for the Purchasing Performance Bonus shall be calculated at the end of every calendar year until the maximum amount is paid. Once the amount is calculated at the end of every calendar year, the Executive shall be paid the difference between the
amount that he is eligible to earn above less any Purchasing Performance Bonus amounts already paid in previous years. 

 5.
Stock Options. Annex B attached hereto summarizes the stock options previously granted to Executive. All options were granted pursuant to Dialogic’s 2006 Equity Incentive Plan. 
 6. Termination of Employment. 
  

	 	(a)	Dialogic and Executive agree that Executive’s employment under this Agreement may be terminated in any of the following ways, subject only to the terms of this
Section 6: 

  

	 	(i)	By Dialogic with Cause (as defined below) on simple notice from Dialogic to Executive, the whole without further notice, payment in lieu of notice, severance or any
indemnity whatsoever due to Executive; 

  

	 	(ii)	 By Dialogic without Cause upon giving Executive at least sixty (60) days prior notice in writing of such termination (“Notice Period”).
During the Notice Period, and as a condition of the benefits and payments set out in paragraph 6(c), Executive will continue to diligently and faithfully exercise his duties and responsibilities hereunder, including providing a successful turnover
to either his direct manager or to any other person designated by Dialogic. Notwithstanding the foregoing, Dialogic may, at its option and sole discretion, choose to waive the benefit of Executive’s services for all or part of the Notice
Period, in which event, Dialogic will, in addition to its obligations under paragraph 6(c), continue to pay Executive his Base Salary hereunder for such remaining part of the Notice Period, up to a maximum of 60 days from the date on which such
notice of termination is given. Without prejudice to the foregoing, Executive 

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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and Dialogic may mutually agree for Executive to take all or part of his accrued and untaken vacation during the Notice Period; 

 

	 	(iii)	As a result of Executive’s resignation upon Executive providing Dialogic with at least sixty (60) days prior notice in writing of his intention to resign
(“Notice of Resignation Period”). During the Notice of Resignation Period, Executive will continue to diligently and faithfully exercise his duties and responsibilities hereunder, including providing a successful turnover to either his
direct manager or to any other person designated by Dialogic. Notwithstanding the foregoing, Dialogic may, at its option and sole discretion, choose to waive all or part of the Notice of Resignation Period, in which event, Dialogic will, in addition
to any obligations it may have under paragraph 6(b), continue to pay Executive his Base Salary hereunder for such remaining part of the Notice of Resignation Period, up to a maximum of 60 days from the date on which such notice of resignation is
given. Without prejudice to the foregoing, Executive and Dialogic may mutually agree for Executive to take all or part of his accrued and untaken vacation during the Resignation Notice Period. 

 

	 	(iv)	As a result of Executive’s Death or Disability; 

  

	 	(v)	As a result of Executive’s Constructive Dismissal (as defined below). 

 

	 	(b)	In the event that Executive’s employment is terminated with Cause under paragraph 6(a)(i) or of Executive’s resignation under paragraph 6(a)(iii),
Executive’s employment hereunder will be deemed to have ended as of the date on which notice of termination is given or the last day of the Notice of Resignation Period, as the case may be, and Executive shall be entitled only to receive his
Base Salary through to such date, as well as all accrued and untaken vacation including the Vacation Carry- Over Days as per Dialogic’s policy, subject to all applicable withholding and other appropriate deductions. 

 

	 	(c)	In the event that Executive’s employment is terminated without Cause under paragraph 6(a)(ii), as a result of Executive’s Constructive Dismissal under
paragraph 6(a)(v) or as a result of Executive’s Disability under paragraph 6(a)(iv), Executive’s employment hereunder will be deemed to have ended as of (a) the last day of the Notice Period, (b) the date on which Executive gives
notice of his intent to resign as a result of an event of Constructive Dismissal, or (c) the date on which Executive is notified of the termination of his employment as a result of Disability, as the case may be (in each case, the
“Termination Date”), and Executive shall be entitled to receive, in addition to any notice entitlement under paragraph 6(a)(ii), and subject to all applicable withholding and other appropriate deductions: 

 

	 	(i)	Base Salary through the Termination Date; 

  

	 	(ii)	Any then accrued and unpaid Bonus for any fiscal year of Dialogic which ended prior to the Termination Date and to which Executive is entitled under the terms of the
applicable bonus plan, in which case such Bonus will be paid on the date such Bonus would otherwise have been payable to Executive; 

  

	 	(iii)	All accrued and untaken vacation as of the Termination Date including the Vacation Carry- Over Days, the whole in accordance with Dialogic policy;

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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	 	(iv)	Executive’s then Base Salary for a period equivalent to one (1) month per year of service with Dialogic (as calculated from Executive’s Start Date
through the Termination Date, including a pro-rata amount for any partial year of employment), up to a maximum of twenty-four (24) months (“Severance Period”), payable in arrears in accordance with Dialogic’s general
payroll practices commencing with the first payroll following Termination Date and ending at the end of the Severance Period; 

  

	 	(v)	Payment of Executive’s Car Allowance during the Severance Period in accordance with Dialogic’s practices and policies then in effect;

  

	 	(vi)	Any RRSP contribution that would normally have been made during the Severance Period in accordance with Dialogic’s practices and policies then in effect;

  

	 	(vii)	Continuation of Dialogic’s contributions to Executive’s medical and dental benefits provided by Dialogic during the Severance Period, but only to the extent
that Executive is not otherwise eligible to receive substantially equivalent health insurance in connection with any subsequent employment obtained by Executive. Short-term and Long-term disability and life insurance coverage shall end on the
Termination Date; 

  

	 	(viii)	Executive shall be allowed to purchase his laptop computer for book value from Dialogic and shall be able to retain his cell phone or blackberry at his request provided
he assumes the associated costs following the Termination Date. 

  

	 	(d)	Executive’s entitlement to the payments and benefits referred to in paragraph 6(c) is conditional upon Executive’s execution of a full and final general
release, pursuant to which Executive will release Dialogic, any member of the Dialogic Group, the Board and the other officers of Dialogic from all claims relating to his employment or termination thereof, except for Dialogic’s express
obligations under paragraph 6(c) and those of Dialogic’s express obligations designed to survive the Agreement such as paragraph 2(d) and Exhibit A, which general release shall be in a form and content mutually agreeable to Executive and
Dialogic. As part of such general release, Dialogic, the Dialogic Group, and the Board and officers shall release any claims it may have against the Executive, his heirs and successors relating to his employment or termination thereof except for
Executive’s express obligations designed to survive the Agreement such as paragraph 10. 

  

	 	(e)	In the event that Executive’s employment is terminated by reason of the Executive’s death, Executive’s employment hereunder will be deemed to have ended
as of the date of his death, and Executive’s estate or representatives thereof will be entitled to receive all Base Salary and payment of all accrued and untaken vacation including the Vacation Carry- Over Days through the date of
Executive’s death, as well as any then accrued and unpaid Bonus for any fiscal year of Dialogic which ended prior to Executive’s death and to which Executive would have been entitled under the terms of the applicable bonus plan, in which
case such Bonus will be paid on the date such Bonus would otherwise have been payable to Executive. 

  

	 	(f)	 Except as expressly provided in this Section 6 or as required by law, upon the date Executive ceases to be employed by Dialogic (i) all of
Executive’s rights to Base Salary, Bonus and Benefits hereunder (if any) shall cease immediately and (ii) no other notice, pay in lieu of notice, severance, retirement benefits or any other payment or entitlement whatsoever shall be due or
payable by Dialogic or any company of the 

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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Dialogic Group to Executive. 

  

	 	(g)	Executive and Dialogic agree that the notice and payments set out in this Section 6 include all notice and payments to which Executive may be entitled by law in
the Province of Quebec. Executive agrees that the notice and payments specified above are in full satisfaction of any amounts to which Executive might be entitled under this Agreement as well as any applicable law, including under the Act
respecting labour standards and the Civil Code of Quebec. 

  

	 	(h)	Upon any termination of Executive’s employment, for any reason, whether by Executive or by Dialogic, Executive shall immediately resign from all positions as a
corporate office and directorships of Dialogic or of any Dialogic Group company or any of their related or affiliated companies, as applicable. 

  

	 	(i)	For purposes of this Agreement, the following definitions will apply: 

  

	 	(i)	“Cause” will mean (i) Executive’s conviction by a court (or plea of guilty or no contest) of a felony; (ii) any act(s) or omission(s) by
Executive which is grossly negligent and which results in material harm to the business, operations, financial condition, properties, assets, prospects, value or reputation of any company of the Dialogic Group; (iii) Executive’s willful
misconduct which results in material harm to Dialogic or any company of the Dialogic Group and/or which has a material adverse effect on the business, operations, properties, assets, prospects, value or business relationships of any company of the
Dialogic Group; (iv) Executive’s willful disregard of the lawful and reasonable written directives of the Board or the President and CEO provided that Executive shall have five (5) business days from written notification of the breach
by Dialogic in which to remedy such breach; or (v) a material breach by the Executive of any material covenant of this Agreement, including those set out in Sections 7, 8 and 9 hereof, provided that Executive shall have twenty
(20) business days from written notification of the breach by Dialogic in which to remedy such breach; or (vi) Executive’s gross negligence in the performance of a material aspect of his job functions and responsibilities.

  

	 	(ii)	 “Constructive Dismissal” shall mean, without Executive’s express written consent, (i) the material breach by Dialogic (or
any successor thereto) of any of its material obligations under this Agreement (including the obligation of Dialogic to pay Base Salary), provided that such breach is not cured within twenty (20) business days after written notice by Executive
to the Chief Executive Officer, copied to Dialogic’s General Counsel and Senior VP Human Resources, that such breach has occurred and will serve as cause for Constructive Dismissal, or (ii) the material reduction or diminution by the Board
of the duties, responsibilities, title, authority or reporting relationship of Executive or the assignment by the Board to Executive of duties that, in all material respects, are inconsistent with Executive’s position as Executive Vice
President and Chief Administrative Officer of the Dialogic Group, provided that such action is not cured within twenty (20) business days after written notice by Executive to the Chief Executive Officer, copied to Dialogic’s General
Counsel and Senior VP Human Resources, that such event has occurred and will serve as cause for Constructive Dismissal, or (iii) the relocation of the Executive’s principal office to a location that is more than 50 miles from Montreal,
Quebec, Canada without prior agreement with Executive or (iv) the Executive’s resignation no earlier than one year following the Effective Date where the Executive has advised the Chief Executive Officer , copied to Dialogic’s General
Counsel and Senior VP Human Resources that he wishes to return 

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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to the position of Executive Vice President and General Counsel and Dialogic has not allowed the Executive to return to the position of Executive Vice President and General Counsel or agreed with
the Executive on a different mutually agreeable senior officer position within twenty (20) business days of the Executive’s written notice. 

  

	 	(iii)	“Disability” shall mean the absence of Executive from Executive’s duties to Dialogic on a full-time basis for a total of six months during any
12-month period as a result of incapacity due to mental or physical illness which is determined by (i) a physician selected by Dialogic and acceptable to Executive or Executive’s legal representative (such agreement as to acceptability not
to be unreasonably withheld or delayed), (ii) a court of competent jurisdiction or (iii) indisputable evidence of the applicable incapacity. A Disability shall not be “incurred” hereunder until, at the earliest, the last day of
the sixth month of such absence 

 7. Agreement to Withhold Amounts Owed to Dialogic: Should it be reasonably determined
that Executive owes Dialogic money for any reason, either during Executive’s employment or upon or following termination of Executive’s employment, Executive agrees that Dialogic may withhold such amounts owed from any amounts payable to
Executive under this Agreement. 
 8. Confidential Information. Executive acknowledges that he has executed Dialogic’s
Confidentiality Agreement, which is attached as Annex C to this Agreement and which forms a separate and standalone agreement between the parties which survives any termination of this Agreement. Upon termination of his employment for whatever
reason, should Dialogic so request Executive shall immediately deliver to Dialogic, or at any other time Dialogic may request, all information (as defined in the Confidentiality Agreement) relating to the business or affairs of any Dialogic Group
company which he may then possess or have under his control. Alternatively Dialogic may permit the Executive to retain the confidential information pursuant to Executive’s obligations under Annex C should Executive so accept, in order to be
able to ask Executive questions related to such information following the Termination Date. Executive shall be permitted to retain his rolodex, PDA and similar address and personal telephone directories. 

9. Inventions and Patents. Executive acknowledges that he has executed Dialogic’s Inventions and Secrecy Agreement, a copy of which is
attached as Annex D to this Agreement and which forms a separate and standalone agreement between the parties which survives any termination of this Agreement. 
 10. Non-Solicitation; Non-Competition. 
  

	 	(a)	In further consideration of the compensation to be paid to Executive hereunder, Executive acknowledges that in the course of his employment with Dialogic he has and
will continue to become familiar with Dialogic’s and the Dialogic Group’s trade secrets and with other confidential information concerning the Dialogic Group and that his services shall be of special, unique and extraordinary value to the
Dialogic Group. Therefore, Executive agrees that, during the Employment Period and for twelve (12) months thereafter: 

  

	 	(i)	Executive will not directly or indirectly solicit any business involving or similar to any existing or planned products or services marketed by any Dialogic company
from any person or organization which was, to Executive’s knowledge, within two (2) years prior to his termination, a customer or a bona fide prospective customer of any Dialogic Group company; 

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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	 	(ii)	Executive will not request or advise any customer, bona fide prospective customer, supplier, licensee, licensor, landlord or other business relation of any Dialogic
Group company to withdraw, curtail or cancel its business dealings with such Dialogic Group company; 

  

	 	(iii)	Executive will not directly or indirectly recruit , or solicit any employee of any Dialogic Group company or encourage any employee of any Dialogic Group company to
leave such Dialogic Group company’s employ; and 

  

	 	(b)	Each party hereto agrees not to make, or cause or assist any other person to make, any statement or communication (other than for the purpose of enforcing this
Agreement) to any third party which impugns or attacks, or is otherwise critical of, the reputation, business or character of, or is an untrue statement regarding Executive, Dialogic or any Dialogic Group company. 

 

	 	(c)	In the event of the breach by Executive of any of the provisions of this Section 10, Dialogic shall be entitled, in addition to all other available rights and
remedies, to withhold any or all of the amounts agreed to be paid to the Executive hereunder until such breach is cured. If, at the time of enforcement of this Section 10, a court shall hold that the duration or scope restrictions stated herein
are unreasonable under circumstances then existing, the parties agree that the maximum duration or scope reasonable under such circumstances shall be substituted for the stated duration or scope and that the court shall be allowed to revise the
restrictions contained herein to cover the maximum period and scope permitted by law. 

 11. Remedies. In addition and
supplementary to other rights and remedies existing in its favor, either party may apply to the court of law or equity of competent jurisdiction for specific performance and/or injunctive or other relief in order to enforce or prevent any violations
of the provisions hereof, including Sections 7, 8 or 9 hereof. 
 12. Law Applicable: All terms of this Agreement shall be interpreted
under the laws of the Province of Quebec and the laws of Canada applicable therein. 
 13. Severability: If, for any reason, any
provision of this Agreement is held invalid, the other provisions shall remain in effect insofar as is consistent with law. 
 14.
Language: This Agreement has been drafted in English at the express wish of the parties. Ce contrat a été rédigé en anglais à la demande expresse des parties. 

15. Confidentiality: The parties agree to keep the substance of this Agreement and/or any discussions or negotiations relating to this Agreement
in the strictest confidence and to not reveal the terms of this Agreement to anyone except on a confidential basis to their professional, financial or legal advisors or, in the case of Executive, to his immediate family, for any reason whatsoever,
except as required by law. Notwithstanding the foregoing, Dialogic may disclose this Agreement and/or its terms on a strictly confidential basis to duly authorized persons who require such information in the normal course of business or in the
context of any business operation or transaction. 
 16. Entire Agreement: This Agreement expresses the entire agreement between
Executive and Dialogic with respect to Executive’s employment and it may not be amended except in writing. 
 17. By signing this
Agreement, Executive expressly acknowledges that he have had an adequate opportunity to review and consider the Agreement before signing it, including an opportunity to consult with legal counsel of his

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
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choosing should he so wish, and that he is signing this Agreement voluntarily and with the intent to be bound by its terms. 
 DIALOGIC CORPORATION. 
  

			
	 /s/ Nick Jensen
	 	
	Nick Jensen, CEO and Chairman of the Board of Directors

Please indicate your acceptance of these terms and conditions by signing where indicated below and faxing a copy of this Agreement (including any
Annexes) to the attention of Rosanne Sargent, Senior V.P. Human Resources, to her fax number at 973-967-6030 or by sending a PDF copy to her via email at Rosanne.sargent@dialogic.com, and then sending the executed originals to her attention
at 1515 Route Ten East, Parsippany, NJ, 07054, with a signed copy to Beverly Draper, for your personnel file which is maintained in Montreal, Quebec, Canada. 
  

					
	 /s/ Anthony Housefather
	 		 	 12/30/10

	Anthony Housefather	 		 	Date

  

					
	  

 
	  	    Dialogic Corporation   9800 Cavendish Blvd   5th Floor   Montreal   Quebec   Canada   H4M 2V9
	                    
www.dialogic.com	  	    Tel: 514  745-5500   Fax: 514  745-5588	  	Page 10 of 10 with Appendices

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