Document:

exv10w15w2

 

Exhibit 10.15.2

SEPARATION AGREEMENT AND RELEASE OF ALL CLAIMS

Guy M. Campbell

The intent of this Separation Agreement and Release of All Claims (“Agreement”) is to mutually and
finally resolve all matters relating to your employment with and separation from Harris Stratex
Networks, Inc. (the “Company”). All disputes between you and the Company have been settled and you
have agreed to enter into a full and binding settlement releasing the below defined Releasees from
any and all liability.

	1.	 	Last Day Worked. This Agreement will be considered your irrevocable resignation from
employment with the Company, which the Company has agreed to accept. Your employment with the
Company will end as of the close of business on June 27, 2008, the end of the Company’s
current fiscal year (“Last Day Worked”).
	 
	2.	 	Separation Benefits. The benefits you shall be entitled to receive on account of
your separation are as follows:

	 	a.	 	Separation Payments: Separation payments at your annual salary rate of $500,000
shall be paid to you for a period of thirty (30) months following the Last Day Worked,
provided, however, that no such payments shall be made to you during the period
commencing June 27, 2008 and ending December 27, 2008 (the “Suspension Period”), and a
lump sum payment of $250,000 (representing the aggregate separation payments otherwise
payable to you during the Suspension Period) shall be paid to you in January 2009
instead. The remaining separation payments shall be made on a monthly basis commencing
in January 2009 and shall be made each calendar month thereafter. All separation
payments will be subject to applicable withholding and made in accordance with the
Company’s normal payroll practices.
	 
	 	b.	 	Group Health Insurance Coverage: The Company shall make payments for the
premiums necessary to continue group health insurance for you and your spouse under
COBRA (or to purchase other comparable health insurance coverage on an individual basis
if you are no longer eligible for COBRA coverage) until (x) the date on which you reach
the age of 65 or (y) the date on which you are eligible to participate in another
employer’s group health insurance plan, whichever comes first.
	 
	 	c.	 	Incentive Bonus: You will be entitled to receive your incentive bonus, if any,
earned for the Company’s fiscal year 2008, subject to the achievement of performance
goals set by the Company’s Board of Directors. The incentive bonus shall be paid to
you at the time that incentive bonuses are paid to other Company employees, and for
avoidance of doubt, you will not be eligible to participate in the Company’s incentive
bonus plan for its fiscal year 2009 or any time thereafter.
	 
	 	d.	 	Stock Options: As of the Last Day Worked, you will have 23,950 vested options
to purchase Company stock (assuming that you do not exercise any options between the
date of this agreement and the Last Day Worked). Any other options you hold as of the
Last Day Worked shall be forfeited. Following the Last Day

	 	 	 
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	 	 	 	Worked, you shall be entitled to exercise any options vested as of the Last Day
Worked until the earlier of (x) thirty (30) months following the Last Day Worked and
(y) the date on which the applicable options expire. All vested options shall
continue to be subject to the terms and conditions of the Company’s 2007 Stock
Equity Plan.
	 
	 	e.	 	Outplacement Assistance: The Company shall provide you with outplacement
assistance service which shall be selected and paid for by the Company, so long as you
elect to use such service within one (1) year of the Last Day Worked.
	 
	 	f.	 	Vacation Accrual: The Company shall pay you in respect of your accrued
vacation as of the Last Day Worked, subject to a maximum of four hundred (400) hours,
and such payment shall be made by July 31, 2008. Such payment will be subject to
applicable withholding and made in accordance with the Company’s normal payroll
practices.
	 
	 	g.	 	Performance Shares: You had previously received 23,100 performance shares
under the Company’s Long Term Incentive Program, which shares were to vest based on (i)
achievement of performance goals covering the Company’s fiscal years 2007 through 2009
and (ii) your continued employment by the Company through the end of the Company’s
fiscal year 2009. However, the performances shares shall instead vest based on (x) the
achievement of performance goals for the period covering the Company’s fiscal years
2007 through 2008, and (y) your continued employment by the Company through the end of
the Company’s fiscal year 2008. The Company’s Board of Directors shall determine the
extent to which such performance goals have been achieved, and shall adjust the number
of performance shares vested accordingly. All performance shares shall be subject to
the terms and conditions of the Company’s 2007 Stock Equity Plan.

	 	 	You certify by executing this Agreement that you agree that the foregoing accurately and fully
sets forth all benefits you are entitled to receive from the Company on account of your
resignation.
	 
	3.	 	Resignation as Officer of Harris Stratex Networks, Inc. By executing this Agreement
you agree that you will remain employed through June 27, 2008 but you agree that you will
resign as President and Chief Executive Officer effective at close of business April 7, 2008.
You also agree to execute other documents provided by the Company to effectuate your
resignation from the Harris Stratex Board of Directors as well as from any other directorships
or offices you hold on behalf of the Company and/or its affiliates and subsidiaries.
	 
	 	 	From April 8, 2008 through June 27, 2008 you will remain an active employee in the capacity of
Senior Advisor and will work for the Company on an as-needed basis. You will also continue to
be paid at your current salary during such period. You agree that you will work two (2) or
more days per week and at least ten (10) hours per week. As of your Last Day Worked you may
keep, at no cost to you, your Blackberry and personal computer (after IT removes all company
information from it). You will remain covered by the

	 	 	 
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	 	 	Company’s D&O insurance policy as a past Officer/Director subject to the terms and conditions
of such policy.
	 
	4.	 	Surviving Employment Agreement Obligations. You recognize and agree that your
obligations pursuant to sections 7, 8 and 10 of the January 26, 2007 letter (employment)
agreement between you and the Company (the “Employment Agreement”) survive beyond the end of
your employment with the Company. Your continuing entitlement to the benefits set forth in
Section 2 above is pre-conditioned upon your strict and continuing compliance with these
obligations.
	 
	5.	 	No Further Benefits. Unless otherwise provided herein, you will not be entitled to
any pay, compensation, severance, insurance, or employment benefits from the Company after
your Last Day Worked.
	 
	6.	 	Releasees. For purposes of this Agreement, “Releasees” include the Company and its
affiliated companies and subsidiaries (including, without limitation, Harris Corporation and
Harris Stratex Networks Operating Corporation) and their respective officers, directors,
shareholders, employees, agents, representatives, plans, trusts, administrators, fiduciaries,
insurance companies, successors, and assigns.
	 
	7.	 	Release of All Claims. You, on behalf of yourself and your personal and legal
representatives, heirs, executors, successors and assigns, hereby acknowledge full and
complete satisfaction of, and fully and forever waive, release, and discharge Releasees from
any and all claims, causes of action, demands, liabilities, damages, obligations, and debts
(collectively referred to as “Claims”), of every kind and nature, whether known or unknown,
suspected or unsuspected, or fixed or contingent, that you hold as of the date you sign this
Agreement, or at any time previously held against any Releasee, arising out of any matter
whatsoever (with the exception of breach of this Agreement). This release specifically
includes, but is not limited to, any and all Claims:

	 	a.	 	Arising out of or in any way related to your employment with or separation from the
Company, or Harris Corporation, or any contract or agreement between you and the Company
or Harris Corporation;
	 
	 	b.	 	Arising under or based on Title VII of the Civil Rights Act of 1964, as amended;
Section 1981 of the Civil Rights Act of 1866; the Equal Pay Act of 1963; the Americans
with Disabilities Act of 1990; the National Labor Relations Act; the Worker Adjustment
and Retraining Notification Act of 1988; the Employee Retirement Income Security Act of
1974; the Rehabilitation Act of 1973; the Occupational Safety and Health Act; the False
Claims Act; the federal Whistleblower Protection Act and any state whistleblower
protection statute;
	 
	 	c.	 	Arising under or based on any other federal, state, county or local law, statute,
ordinance, decision, order, policy or regulation prohibiting employment discrimination;
providing for the payment of wages or benefits (including overtime); or otherwise
creating rights or claims for employees, including, but not limited to, any and all
claims

	 	 	 
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	 	 	 	alleging breach of public policy; the implied obligation of good faith and fair dealing;
or any express, implied, oral or written contract, handbook, manual, policy statement or
employment practice; or alleging misrepresentation; defamation; libel; slander;
interference with contractual relations; intentional or negligent infliction of emotional
distress; invasion of privacy; false imprisonment; assault; battery; fraud; negligence; or
wrongful discharge; or
	 
	 	d.	 	Arising under or based on the Age Discrimination in Employment Act of 1967
(“ADEA”), as amended by the Older Workers Benefit Protection Act (“OWBPA”), and alleging
a violation thereof by any Releasee, at any time prior to the effective date of this
Agreement.

	8.	 	Filing an Action Despite Release. You represent and warrant that: (a) you have no
pending claim(s) against any Releasee before any federal, state or local court, administrative
agency or other forum; and (b) you will not file any claim or lawsuit against any Releasee
with respect to any events occurring on or before the date of this Agreement (this does not
include claims to vested benefits or claims which, by law, cannot be waived). If you break
either of these promises, you will be required to repay the Company the total dollar value of
all pay, insurance, and/or other benefits provided to you from your Last Day Worked to the
date of your broken promise, and you also will be liable for the payment of all damages,
costs, and attorneys’ fees incurred by Releasees in defending any such claim or lawsuit. In
addition, if you break either of the promises in (a) or (b) above, the Company may immediately
terminate this Agreement, if it is still in effect, without any further obligation or
liability of any kind to you. Nothing in this Agreement prohibits you from filing a charge
with the Equal Employment Opportunity Commission (“EEOC”) or participating in any EEOC
investigation. However, you agree not to accept any monetary or other personal relief that
might be awarded to you as a result of such a charge. If relief is nonetheless awarded to you
as a result of such a charge, or as a result of any legal proceeding brought by you or on your
behalf, you agree that the Company will be entitled to recover an amount equal to the total
dollar value of all pay, insurance, and/or other benefits provided to you since your Last Day
Worked from any money that is awarded to you. This Agreement does not preclude you from
bringing suit to challenge the validity or enforceability of this Agreement under the ADEA, as
amended by the OWBPA.
	 
	9.	 	Confidentiality. In addition to your obligations pursuant to Section 7 of your
Employment Agreement, you acknowledge that, while employed by the Company, you had access to
and/or acquired and assisted in the development of confidential and proprietary information,
inventions, and trade secrets relating to the present and anticipated business and operations
of the Company and its subsidiaries and affiliates, including without limitation: research
projects; manufacturing processes; sales and marketing methods; business opportunities;
marketing plans; sales forecasts and product plans; distributor and customer pricing
information; personnel data regarding employees, including salaries and other information of a
similar confidential nature not available to the public. You agree to keep confidential and
not to disclose or use such confidential or proprietary information without the written
consent of the Company or until such time as the information becomes public knowledge. You
further agree not to use or disclose confidential or proprietary

	 	 	 
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	 	 	information of the Company or any of its affiliates or subsidiaries to solicit business or
potential employees directly or indirectly on behalf of any subsequent employer from any
present or prospective customer(s) of the Company or any of its affiliates or subsidiaries.
You understand that these obligations continue even after you leave the Company’s employ.
	 
	10.	 	Harris Stratex Business Ethics Program. You agree that you have received, read, and
understand the Company’s Code of Conduct and acknowledge that you do not have any information
or knowledge as to non-compliance with, or violation of, the policies and standards set forth
therein. You also acknowledge that you have no claims, charges, complaints, or pending
actions against any Releasee arising from or based upon your employment with the Company,
including but not limited to any violation of federal, state, or local laws or regulations or
the Company’s Code of Conduct.
	 
	11.	 	Non-Disparagement. You agree that you will not publicly criticize or disparage the
Company or any of its affiliates or subsidiaries (including, without limitation, Harris
Corporation or Harris Stratex Networks Operating Corporation), its products or employees, nor
will you unlawfully interfere with any of the Company’s business relationships.
	 
	12.	 	No Admission of Liability. By entering into this Agreement, the Company does not
admit to any liability or wrongdoing whatsoever and expressly denies any and all such
liability and wrongdoing. In addition, you acknowledge and agree that this Agreement may not
be used as evidence to claim or prove any alleged wrongdoing by the Company, other than
failure to comply with the terms of this Agreement.
	 
	13.	 	Acknowledgement of Rights under the ADEA. You acknowledge as follows:

	 	a.	 	You are advised to consult with an attorney or other representative of your choice
prior to signing this Agreement;
	 
	 	b.	 	By executing this Agreement, you waive all rights or claims that you have or may
have against any Releasee under the ADEA, as amended by the OWBPA;
	 
	 	c.	 	You are not waiving rights or claims that you may have under the ADEA that may
arise after the date this Agreement is signed;
	 
	 	d.	 	You are waiving rights and claims that you may have under the ADEA in exchange for
consideration that is additional to anything of value to which you are already entitled;
	 
	 	e.	 	You have had ample opportunity to review this Agreement, fully understand the
meaning of each of its terms, and are signing it voluntarily and of your own free will;
	 
	 	f.	 	You received this Agreement on April 7, 2008 and you have been given a period of up
to 21 calendar days from that date to consider whether to sign it;

	 	 	 
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	 	g.	 	If you wish to sign this Agreement prior to the expiration of the 21-day period
explained above, you may do so;
	 
	 	h.	 	You have been given a period of seven (7) calendar days following your signature of
this Agreement to revoke your release of any claims under the ADEA, and your release of
such claims will not become effective until the revocation period has expired without
your revoking it (at which time it becomes fully enforceable and irrevocable); and
	 
	 	i.	 	To revoke your release of claims under the ADEA, you must deliver to the Company
(by hand, or via both U.S. mail and facsimile), within the 7-day revocation period, a
signed written statement that you revoke your release of any claims under the ADEA. The
revocation must be postmarked within the period stated above and addressed to:

Name: Steve Gilmore

Title: Vice President — Human Resources

Mailing address: Keystone Park 637 Davis Drive Morrisville, NC 27560

Fax # : 919/767-3231

With a copy to:

Name: Juan Otero

Title: General Counsel and Secretary

Mailing address: 120 Rose Orchard Way, San Jose, CA 94583

Fax # : 408/944-1770

	14.	 	Entire Understanding. This Agreement constitutes the entire agreement between you
and the Company with respect to the subjects addressed herein, and supersedes all prior
agreements, understandings and representations, written or oral, with respect to those
subjects, including the Employment Agreement except for the provisions of the Employment
Agreement which are expressly preserved herein.
	 
	15.	 	Successors and Assigns. This Agreement will be binding in all respects upon, and
will inure to the benefit of, the parties’ representatives, heirs, executors, successors, and
assigns. In the event of your death before all separation Benefits have been paid, all
remaining payments shall be made to your beneficiaries, heirs or executors.
	 
	16.	 	Governing Law. North Carolina law will govern the validity and interpretation of
this Agreement.
	 
	17.	 	Severability. If any of the provisions herein are determined to be invalid by a
court, arbitrator, or government agency of competent jurisdiction, it is agreed that such
determination will not affect the enforceability of the other provisions herein.
	 
	18.	 	Preparation of Agreement. This Agreement will be interpreted in accordance with the
plain meaning of its terms and not strictly for or against any of the parties hereto.

	 	 	 
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	 	 	Regardless of which party initially drafted this Agreement, it will not be construed against
any one party, and will be construed and enforced as a mutually-prepared document.
	 
	19.	 	Burden of Proof. Any party contesting the validity or enforceability of any term of
this Agreement will be required to prove by clear and convincing evidence fraud, concealment,
failure to disclose material information, unconscionability, misrepresentation, or mistake of
fact or law.
	 
	20.	 	Counterparts and Telecopies. This Agreement may be executed in counterparts, or by
copies transmitted electronically, all of which will be given the same force and effect as the
original.
	 
	21.	 	Section 409A. This Agreement shall be interpreted and construed in a manner that
avoids the imposition of excise taxes and other penalties under section 409A of the Internal
Revenue Code (“409A Penalties”). In the event the terms of this Agreement provide deferred
compensation within the meaning of section 409A of the Code and do not comply with such
section and regulations promulgated thereunder, the parties shall cooperate diligently to
amend the terms of this Agreement to avoid 409A Penalties, to the extent possible.
Notwithstanding the foregoing, under no circumstances shall the Company be responsible for any
taxes, penalties, interest or other losses or expenses incurred by you due to any failure to
comply with section 409A of the Code.

PLEASE READ AND CAREFULLY CONSIDER THIS AGREEMENT BEFORE SIGNING IT. THIS AGREEMENT CONTAINS A
RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS, INCLUDING BUT NOT LIMITED TO THOSE MADE UNDER FEDERAL,
STATE, AND/OR LOCAL LAWS PROHIBITING DISCRIMINATION IN EMPLOYMENT, TO THE EXTENT PERMITTED BY LAW.

YOU AFFIRM AND ACKNOWLEDGE THAT, EXCEPT AS OTHERWISE PROVIDED HEREIN, THE COMPANY HAS PAID YOU ANY
AND ALL WAGES, BONUSES, COMMISSIONS, INCENTIVES, SEVERANCE PAY, AND/OR VACATION PAY OWED TO YOU AS
A RESULT OF YOUR EMPLOYMENT AT THE COMPANY, AND YOU AGREE THAT NO SUCH FURTHER PAYMENTS OR AMOUNTS
ARE OWED OR WILL BE OWED. YOU FURTHER AUTHORIZE THE COMPANY TO DEDUCT FROM YOUR FINAL PAYCHECK ANY
MONIES DUE AND OUTSTANDING BY YOU TO THE COMPANY.

[Remainder of Page Intentionally Left Blank.]

	 	 	 
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Agreed to:

	 	 	 	 	 	 	 	 	 
	Executive:	 	Harris Stratex Networks, Inc.  
	 
	 	 	 	 	 	 	 	 
	By:
	 	/s/
Guy M. Campbell 	 	By:	 	/s/ Charles D. Kissner 	 	 
	 

	 	Guy M. Campbell
	 	 	 	Charles D. Kissner 

Chairman of the Board	 	 
	 
	 	 	 	 	 	 	 	 
	Date:

	 	 	 	Date:	 	 	 	 

	 	 	 
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Exhibit 10.3

Certain information in this document, marked by brackets, has been omitted and filed separately
with the Securities and Exchange Commission. Confidential treatment has been requested with
respect to the omitted portions.

	 	 	 
	

	 	Maxygen, Inc.

200 Penobscot Drive

Redwood City, CA 94063

650.298.5300 main

650.364.2715 fax

www.maxygen.com

February 18, 2005

Dr. John Grate

Codexis, Inc.

200 Penobscot Drive

Redwood City, CA 94063

Dear John:

     I acknowledge your letter dated February 17, 2005, retracting the letter dated January 6, 2005
from Tassos Gianakakos.

     This will confirm our agreement reached in our meeting of February 18, 2005 that, based on
Codexis’ representations in its letter dated February 8, 2005 regarding the expenditures made by
Codexis, Inc. and Cargill, Inc. with respect to 3-HP, Codexis has satisfied the requirements of
Section 2.1.6(a) of the License Agreement entered March 28, 2002, between Codexis and Maxygen, as
amended, for Subfield 1, Category (b) set forth on Exhibit G to the License Agreement.

     Accordingly, Maxygen agrees that, as of the date of this letter, [****] monomers that are
amino carboxylic acids, hydroxy carboxylic acids, olefinic carboxylates and/or hydroxy acids, shall
be Supplemental Products (as defined in the Agreement) that may be used to make polymers (excluding
polymers for use for [****] and/or [****]).

     Please indicate Codexis’ agreement to the foregoing by countersigning below.

	 	 	 	 	 
	 	Yours sincerely,

 	 
	 	/s/ Michael S. Rabson
 	 
	 	Michael S. Rabson 	 
	 

	 	 	 	 	 
	UNDERSTOOD AND AGREED BY CODEXIS, INC.

 	 	 
	By:  	/s/ John H. Grate
 	 	 
	 	Name:  	John H. Grate 	 	 
	

Date: 	Title:  

3-4-05	VP, R&D & CTO

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