Document:

Amendment to Offer Letter

 Exhibit 10.17 
 

 
  

			
	 To:
	  	Ken Horner, Sr. Vice President Corporate Development and Strategy
	 From:
	  	Jim Johnson, President and Chief Executive Officer
	 Date:
	  	June 19, 2009
		
	 Re:
	  	Amended Terms of Offer of Employment

 We are pleased to be able to inform you about an amendment to your current terms and conditions of employment with
BakBone Software, Inc. 
 This change is in recognition of your continuous commitment to BakBone Software as an executive of this company and of the fact
that recent offers to company executives at this level have included similar language. 
 Therefore, the following paragraphs are hereby added to your
employment letter with BakBone: 
 “If, at any time during your employment with BakBone, you are terminated for reasons other than
cause, you will be entitled to six (6) months severance pay of your base salary payable in a lump sum, conditional upon a signed settlement and release agreement within thirty (30) days following the date of your termination. In no case
shall the severance pay in the preceding sentence be paid later than the date that is 2 1/2 months following the end of the
calendar year in which you are terminated. 
 Notwithstanding any inconsistent provision of this offer of employment, if you are a “specified
employee” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) at the time of your termination, then the portion of your severance pay, together with any other severance payments or
benefits that, in each case, may be considered deferred compensation under Code Section 409A, that would otherwise be payable within the six (6) month period following your termination will be paid in a lump sum on the date six
(6) months and one (1) day following the date of your termination (or the next business day if such date is not a business day) or, if earlier, the date of death, provided you have complied with the requirements for such payment.
Notwithstanding anything herein to the contrary, no actions taken pursuant to this paragraph shall reduce the total amount of payments and benefits owed to you and to be paid to you under this offer of employment.” 
 These new paragraphs supersede and replace the paragraph that was added to your employment letter on September 28, 2006. All other terms and conditions of your
employment letter remain in full force and effect and unchanged by this amendment. 

 I hope you agree that this change is equitable and fair and enhances the terms of your employment as an executive of
BakBone Software. Please indicate your acceptance of this change by signing below and returning one original copy to me. 
 Thank you 
 Jim Johnson 
 President and Chief Executive Officer 
  

			
	Accepted by:	 	/s/ KEN HORNER
		
	Title:	 	Sr. VP Corporate Development and Strategy
		
	Date:	 	June 22, 2009

			
	
	/s/ JAMES JOHNSON
	 James R. Johnson

	 President and Chief Executive Officer

		
	Date 	 	June 22, 2009Offer Letter

 Exhibit 10.18 
 

 
 March 29, 2006 
 Mr. Dan S. Woodward 
  

	RE:	Offer of Employment from BakBone Software, Inc. 

 Dear Dan: 
 On behalf of BakBone Software, Inc. (“BakBone”), we would like to extend an offer of employment (“Agreement”) to you for the position
of Director of World-wide Information Systems and Support, currently reporting to Lonnie Wills, Chief Information Officer. Your employment responsibilities will initially include those listed on Attachment A to this Agreement. Your employment
commencement date will be April 1, 2006. 
 Compensation and Benefits 
 Your salary will be $6,666.66 per pay period, that is, $160,000 annualized subject to applicable withholdings and deductions, and payable as earned in
accordance with BakBone’s normal payroll policies (the 15th and last working day of the month). In addition, you will be eligible to achieve a bonus in the amount of $15,000.00, subject to applicable withholdings and deductions. Such bonus will
be based on a combination of financial objectives and will be made available to you for Fiscal Year 2007 once formalized, 
 Further, you
will be entitled to earn up to 120 hours paid time off (“PTO”), as defined in BakBone’s revised Paid Time Off policy dated April 1, 2006, during your initial period of employment. 
  

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 You will be entitled to participate in our employee health and dental benefits programs. Your coverage
will begin on April 1, 2006, your first day of employment. Additionally, BakBone will carry a $100,000.00 life insurance policy on you under which you will name the beneficiary(ies). Details of all benefit plans including 401K, Flex Spending
and 529 will be provided to you upon commencement of your employment. 
 Stock Option Grant 
 Promptly after BakBone is permitted to grant stock options for its common stock, BakBone’s CEO will recommend to the Compensation Committee of
BakBone’s Board of Directors that BakBone issue an option to you to purchase a certain number of shares of BakBone’s common stock at the exercise purchase price established by such committee on the date of approval of such options, subject
to full vesting on the first (1st) anniversary date of employment. Such grant will be subject to BakBone’s stock option plan and agreement. 
 [Termination Provisions 
 The following provisions shall apply to your employment: 
 “Cause” shall mean (i) failure to substantially perform your material duties as reasonably directed by BakBone or at a level and in a
fashion commensurate with your position, (ii) refusal to comply with any material direction of BakBone’s Chief Executive Officer reporting individual which is reasonable and consistent with your duties and which would not require you to
violate any applicable legal requirements or ethical standards, (iii) any material breach by you of your other agreements with BakBone or BakBone’s then current employee policies, (iv) conduct which brings BakBone into any material
public disgrace or disrepute; (v) commission of a felony or crime involving moral turpitude or the commission of any other act involving dishonesty, material disloyalty or fraud with respect to BakBone; or (vi) conviction by a court of
competent jurisdiction of, or plea of guilty or nolo contendere to any felony. 
 “Good Reason” shall mean (i) the reduction
by BakBone of your base salary; (ii) the failure by BakBone to pay your base salary or any bonus payments, if, as and when due; (iii) the failure of BakBone to provide you any of the perquisites or benefits specified in this Agreement;
(iv) any other failure of BakBone to perform under this Agreement, which failure continues uncured for a period of thirty (30) days following BakBone’s receipt of written notice thereof from you; (v) any attempt by BakBone to
reduce your position below that of Director of World-Wide Information Systems and Support, reduce your duties below that which are commensurate with the position of Director of World-Wide Information Systems and Support, or assign to you duties
which are adversely inconsistent with the position of Director of World-Wide Information Systems and Support ; or (vi) BakBone’s moving your office location more than thirty (30) miles from BakBone’s offices at 9540 Towne Centre
Drive, Suite 100, San Diego, CA 92121. 
  

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 BakBone is entitled to terminate this Agreement for Cause or without Cause at any time with no less than
two (2) days notice. If terminated for Cause, BakBone shall only be responsible to pay to you any and all base salary and accrued PTO, less all applicable withholdings and deductions, that has been earned prior to the effective date of
termination, and, if applicable, payment in lieu of such notice (“Notice Payment”) of the base salary and accrued PTO amounts entitled to for such two (2) day period. 
 If employment is terminated without Cause by BakBone and provided that you enter into a settlement and release agreement with BakBone, which agreement
shall be negotiated in good faith by both parties, BakBone shall only be responsible to pay to you (a) any and all base salary and accrued PTO, less all applicable withholdings and deductions, that has been earned prior to the effective date of
termination, and (b) an amount deemed reasonable by BakBone as severance pay, less all applicable withholdings and deductions. 
 You
are entitled to terminate this Agreement for Good Reason or without Good Reason at any time with no less than two (2) days notice. If employment is terminated for Good Reason by you, and provided that you enter into a settlement and release
agreement with BakBone, which agreement shall be negotiated in good faith by both parties, BakBone shall only be responsible to pay to you (a) any and all base salary and accrued PTO, less all applicable withholdings and deductions, that has
been earned prior to the effective date of termination, and (b) an amount deemed reasonable by BakBone as severance pay, less all applicable withholdings and deductions. 
 If employment is terminated without Good Reason by you, BakBone shall only be responsible to pay to you any and all base salary and accrued PTO, less all
applicable withholdings and deductions. 
 Upon any termination of employment, you will also remain entitled to reimbursement of all
appropriate expenses incurred during the performance of your employment duties for BakBone. 
 Arbitration 
 We each agree that, to the extent permitted by law, all claims or disputes between you and BakBone, or its officers, employees or affiliates, will be
resolved by final, binding arbitration, in accordance with the employment dispute resolution rules of American Arbitration Association. This Agreement includes disputes of any nature, including, without limitation, all claims for any alleged
unlawful employment practice, discrimination, harassment, termination of employment, or any other disputes which may hereafter advise. The arbitration provision does not apply, however, to actions to obtain injunctive relief with respect to the
accompanying 

  

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Terms of Employment agreement or to unemployment compensation or worker’s compensation. You will cooperate with BakBone in selecting a neutral
arbitrator. The arbitrator shall apply California law without reference to conflicts of law principles. The arbitration shall be held in San Diego, California. You and BakBone will be permitted to conduct discovery as would otherwise be permitted
pursuant to the California Code of Civil Procedure. BakBone will pay the administrative costs and arbitrator’s fees associated with the arbitration, provided however, that, unless the arbitrator rules otherwise under the provision below
entitled “Attorney’s Fees”, you and BakBone will each bear your own attorneys’ fees and costs associated with the arbitration. The arbitrator may not modify or change this Agreement in any way unless any provision is found to be
unenforceable, in which case the arbitrator may sever it. You understand and agree that the arbitrator’s decision shall be in writing with sufficient explanation to allow for such meaningful judicial review as may be permitted by law. Any award
issued as a result of such arbitration shall be final and binding and shall be enforceable by any court having jurisdiction over the party against whom enforcement is sought, provided, however, that no action to enforce an arbitration award shall be
filed with the court until thirty (30) days has passed after issuance of an award and the award has remained unpaid. You and BakBone acknowledge and understand that by signing this offer letter and by initialing the arbitration provision, each
has read and understood the arbitration provision; each agrees to be bound by it; and each is waiving their respective rights to have a dispute between them adjudicated by a court or by a jury. 
 DW (initials of Employee) CM (initials of BakBone representative) 
 Attorney’s Fees 
 In the event
any legal action is instituted to construe or enforce this Agreement or any provision hereof, the prevailing party shall be entitled to recover reasonable attorneys’ fees, costs and expenses. 
 At-Will Employment 
 BakBone maintains
an employment-at-will relationship with its employees. This means that both you and BakBone retain the right to terminate this employment relationship at any time and for any reason. All compensation and assistance referred to in this letter is
subject to your continued employment and satisfactory job performance. 
 Other Provisions 
 By accepting this offer of employment you will be required to sign BakBone’s standard corporate personnel acknowledgements, including but not limited
to BakBone’s Terms of Employment, Insider Trading Compliance Policy, Code of Business Conduct and Ethics Policy and Employee Resource Manual that are required of all employees and management. This offer of employment is also conditional in all
respects to verification, as is acceptable to BakBone, of your authorization to work in the United States. BakBone is an equal opportunity employer and does not discriminate based on any category protected by California or Federal law. 

 

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 All salary, bonuses, and allowances referred to in this Agreement will be considered normal income and
will be subject to applicable state and federal income taxes. 
 This Agreement constitutes our complete offer package to recognize your
responsibilities. Any promises or representations, either oral or written, which are not contained in this letter and the documents referred to herein, are not valid and are not binding on BakBone. 
 If these terms are agreeable to you, please sign below and return it to Cynthia Mendez, Director of Global Human Resources. When accepted, you may fax
this Agreement to (858) 450-6928, but we will still appreciate it if you would also submit the original signed copy to us as well. This offer expires on March 31, 2006 if not signed and returned to BakBone by this expiration date.

 We are very happy to make this offer and look forward to working with you. Welcome! 
  

					
	BakBone Software, Inc.	 		 	
		
	/s/ Cynthia Mendez	 	this 29th day of March, 2006.
	Cynthia Mendez	 		 	
	Director of Global Human Resources	 		 	

 Acknowledged, Agreed and Accepted by: 
  

					
	/s/ Dan Woodward	 	this 30th day of March, 2006.
	Dan S. Woodward	 		 	

  

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