Document:

Offer Letter from the Registrant to Glenn Reinus

 Exhibit 10.34 
  

			
	February 14, 2003	  	

 Glenn Reinus 
 3006
Barton Point Circle 
 Austin, TX. 78733 
 e-mail:
glennreinus@yahoo.com 
 Dear Glenn, 
 I am pleased to
extend you an offer to join Rackspace Managed Hosting as Vice President/Sales beginning as soon as is mutually agreeable between you and Lanham Napier. We are offering you a bi-weekly compensation of $5,769.23, which is $150,000.00 annualized.
Additionally, you will have the opportunity to earn up to $100,000.00 (annualized) in bonuses based on agreed upon performance goals. You will receive 360,000 stock options priced at fair market value. (Details of the options are contained in a
separate Stock Options Agreement.) The Company also offers an excellent benefits package including medical, dental, disability, and life insurance. Your insurance coverages will go into effect on your start date. 
 The contents of this letter do not form an employment contract or alter your at-will employment status. All Company personnel are at-will employees. This means that
either the Company or the employee may terminate the employment relationship at any time, for any reason or no reason. Only the Chief Executive Officer or President may enter into any agreement to the contrary, whether verbal or written, with any
employee. If such Chief Executive Officer or President should choose to enter into an agreement to the contrary, it must be a written agreement signed by one of such officers to be valid. 
 Again, I am pleased to represent Lanham Napier in offering you the opportunity to join Rackspace Managed Hosting. 
  

	
	Sincerely,
	
	/s/ Karla V. Fulton
	Karla V. Fulton
	Director of Employee Services

 I accept the offer to join Rackspace Managed Hosting as VP/Sales and agree to the terms outlined above.

  

					
	/s/ Glenn Reinus	  	 	  	2-14-03
	Signature	  	 	  	Date

 Setting the Standard in Managed
HostingTM 
 112 East Pecan, Suite
600    San Antonio, TX 78205    PH: 210 892 4000    FX: 210 892 4329    www.rackspace.com 
  

 [9.3.9][Reinus, Glenn EMPLY AGRMNT - FEBRUARY 14 2003.pdf][Page 1 of 1]Representation Agreement

 Exhibit 10.35 
 REPRESENTATION AGREEMENT 
 This Representation Agreement (this
“Agreement”) is made and entered into as of January 5, 2007, by and among John Engates (“Engates”), Rick Cavazos
(“Cavazos”), Juan Gutierrez (“Gutierrez), Karl Pichler (“Pichler”), Henry Sauer
(“Sauer”), Susan Laves (“Laves”), Beaulieu River 2005, LP, a Texas limited partnership (the
“Partnership”), and Knightsbridge, LC, a Texas limited liability company, its general partner (the “General Partner”). Engates, Cavazos, Gutierrez, Pichler,
Sauer and Laves are collectively referred to herein as the “Assignees”, and each of the above parties may be referred to in this Agreement as a “Party” or collectively as
the “Parties”. 
 RECITALS 
 WHEREAS, the Parties are entering into that certain Agreement and Assignment of Partnership Interest of even date herewith whereby Graham Weston assigns 17.07% of his 99.9% partnership interest in the
Partnership to the Assignees (the “Assignment”); and 
 WHEREAS, in connection with the
Assignment, the Partnership and its General Partner desire to make certain representations to each of the Assignees. 
 WITNESSETH

 1. Representations. In connection with the Assignment, the Partnership and its General Partner hereby represent as of the
date hereof: 
  

	 	(a)	The Partnership owns and has good and marketable title to 176,372 shares of the common stock of Macro Holding, Inc. (the “Shares”), free and
clear of any taxes, liens, security interests, rights of third parties, equities, claims, demands and encumbrances, except for the rights granted in the “Governing Documents” as defined in the Partnership’s Amended and Restated
Agreement of Limited Partnership dated January 3, 2007; 

  

	 	(b)	The Partnership’s only asset is the Shares; and 

  

	 	(c)	The Partnership has no liabilities. 

 2. Binding
Effect. This Agreement shall be binding upon and inure to the benefit of the successors, assigns, distributees, heirs, legal representatives, executors and administrators of each of the Parties. 
 3. Severability. If any provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or
unenforceable, the remainder of this Agreement, and the application of such provision to persons or circumstances other than those to which it is held invalid and unenforceable, shall not be affected thereby, and each provision of this Agreement
shall be valid and enforced to the fullest extent permitted by law. 
  

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 4. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an
original, and when each Party shall have executed one counterpart and delivered it to the other Parties, all the counterparts together shall constitute one and the same instrument, binding on, and enforceable against, each Party. Photocopies,
facsimile transmissions, and other productions of this Agreement (with reproduced signatures) shall be deemed to be original counterparts. 
 5. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Texas applicable to agreements made and to be performed in such jurisdiction, without giving effect to any conflicts of
laws principles thereof. 
 [Signature Page To Representation Agreement Follows] 
  

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 [Signature Page To Representation Agreement] 
 IN WITNESS WHEREOF, the Parties have duly executed this Agreement to be effective as of the date first above written. 
  

			
	 Beaulieu River 2005, LP
 a Texas
limited partnership

		
	By: 	 	Knightsbridge, LC
		 	its General Partner
		 	
	By: 	 	/s/ Graham Weston
		 	Graham Weston, Manager
		 	
	Knightsbridge, LC
	a Texas limited liability company
		 	
	By: 	 	/s/ Graham Weston
		 	Graham Weston, Manager

  

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 [Signature Page to Representation Agreement (continued)] 
 IN WITNESS WHEREOF, the Parties have duly executed this Agreement to be effective as of the date first above written. 
  

	
	John Engates
	
	/s/ John Engates
	
	Rick Cavazos
	
	/s/ Rick Cavazos
	
	Juan Gutierrez
	
	/s/ Juan Gutierrez
	
	Karl Pichler
	
	/s/ Karl Pichler
	
	Henry Sauer
	
	/s/ Henry Sauer
	
	Susan Laves
	
	/s/ Susan Laves

  

 4Form of Stock Buy-Back and Transfer Restriction Agreement

 Exhibit 10.36 
 STOCK BUY-BACK AND 
 TRANSFER RESTRICTION AGREEMENT 
 THIS STOCK BUY-BACK AND TRANSFER RESTRICTION AGREEMENT (this “Agreement”) is made and entered into as of
                    , 200   (the “Effective Date”), by and among Graham Weston, a individual
(“Assignor”), Beaulieu River 2005, LP, a Texas limited partnership (the “Partnership”), and
                     (the “Assignee”). 
 PRELIMINARY STATEMENTS 
 Assignee owns         % of
the Partnership’s outstanding partnership interests (together with any other interests in the Partnership that any and all of the Assignee now own or hereafter acquire, the “Partnership Interests”); and 
 Assignee, Assignor and the Partnership desire to restrict the transfer of the Partnership Interests and provide a method for Weston’s repurchase of
the Partnership Interests from Assignee; 
 STATEMENT OF AGREEMENT 
 NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for other good, valuable and binding consideration, the
receipt sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 
 ARTICLE I

 RESTRICTIONS AGAINST TRANSFER 
 Assignee agrees that it will not under any circumstances transfer, assign, pledge, hypothecate, encumber or in any way alienate any of the Partnership Interests, or any right or interest therein, whether voluntarily or by operation of law,
or by gift or otherwise, except pursuant to the provisions of this Agreement. 
 ARTICLE II 
 TRANSFERS 
 Assignee shall be allowed to
transfer all or any portion of its Partnership Interests to any Affiliate or another Limited Partner (as such terms are defined in the Partnership Agreement) without the consent of the General Partner. Any other transfer shall require the consent of
the General Partner, which consent may be given or withheld in the sole discretion of the General Partner. In the event of the death or legal incapacitation of the Assignee, the personal representative, guardian or other successor in interest of
such Assignee shall have the rights of an assignee of such Limited Partner and entitled to distributions under the Partnership Agreement but shall not become a Substitute Limited Partner(s) thereunder. 
  

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 ARTICLE III 
 REPURCHASE OF SHARES BY WESTON 
 Competition. Until
                    , Weston shall have the right to purchase, at the Purchase Price (as defined below), any Partnership Interests now owned
or hereafter acquired by Assignee if Assignee engages in Competition as defined below. Assignee agrees to notify Weston in writing of each employer of Assignee and each person and entity to whom Assignee provides services for compensation from and
after the date hereof until the earlier of                      or so long as Assignee or any of Assignee’s transferees hold or has any
interest in any Partnership Interests. 
 Purchase Price. The “Purchase Price” for the Partnership Interests
shall be determined by reference to the value of the Assignee’s Partnership Interest on the date the notice of exercise is given pursuant to paragraph (c) of this Article III. The Purchase Price shall be equal to (i) the Per-Share
Appraised Value of Macro Holding, Inc. (as defined below) multiplied by the number of shares of Macro Holding, Inc. held by the Partnership, minus any liabilities of the Partnership, multiplied by (ii) the Assignee’s ownership interest
percentage in the Partnership,. The “Per-Share Appraised Value of Macro Holding, Inc.” shall be the value of one share of the common stock of Macro Holding, Inc., as determined by the most recent completed and delivered
regularly scheduled annual or quarterly appraisal thereof as of the date notice of exercise is given pursuant to paragraph (c) of this Article III, proportionately adjusted for any stock dividends, stock splits, combinations and
recapitalizations. 
 Exercise of Right. If Weston desires to exercise its right to purchase such Partnership Interests, it shall
within 30 days after the date Weston determines that Assignee engages in Competition, (i) deliver a notice of exercise to Assignee, and (ii) make available at the offices of the Company, a check in the amount of the purchase price for the
Partnership Interests. If Weston makes the consideration available, at the time and place and in the amount and form provided for in this Article 3 for the Partnership Interests to be purchased pursuant to Weston’s repurchase rights,
then after such time the person from whom such Partnership Interests are to be purchased shall no longer have any rights as a holder of the Partnership Interests (other than the right to receive payment of such consideration as set forth herein).
Such Partnership Interests shall be deemed to have been purchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Article 3. 
 (d) Competition. For purposes hereof, the term “Competition” shall include, without limitation, (i) Assignee
providing services to a competitor of Macro Holding, Inc. or any parent, subsidiary or affiliated entity (collectively, the “Company”), whether as an employee, officer, director, independent contractor, consultant, agent or
otherwise, (ii) Assignee lending to or making an investment in any such competitor, or (iii) Assignee competing with the products or services of the Company, in each case, such determination to be made in the reasonable discretion of
Weston. 
  

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 ARTICLE IV 
 PAYMENT OF PURCHASE PRICE 
 The purchase price for any Partnership Interests purchased by Weston pursuant to
Article 2 hereof shall be paid in cash or certified funds. 
 ARTICLE V 
 AFTER ACQUIRED SHARES 
 Whenever Assignee shall hereafter acquire any other Partnership
Interests of the Partnership, such additional Partnership Interests so acquired shall be held subject to all the terms and conditions of this Agreement. 
 ARTICLE VI 
 EXECUTION OF DOCUMENTS 
 Whenever Partnership Interests are to be purchased by Weston pursuant to this Agreement, the transferor shall do all things and execute and deliver all
documents and make all transfers as may be necessary to consummate such purchase. In the event that the transferor refuses to abide by the terms and conditions specified herein, the purchaser may tender payment for such Partnership Interests by
mailing payment to the transferor at the address specified in this Agreement or at the transferor’s last known address. After payment is tendered accordingly, Weston may give written notice and reasonable documentation of such tender to the
Partnership and the Partnership shall be entitled to cancel such Partnership Interests on its books, and reissue such Partnership Interests to Weston. 
 ARTICLE VII 
 NOTICE 
 Any notice or other communication required or permitted to be given to Assignee, Weston, or the Partnership under this Agreement shall be valid only upon personal delivery or on the third day after it is mailed, if
sent by registered or certified mail, postage prepaid, addressed to Weston, Assignee or to the Partnership as follows: 
  

			
	If to Weston:	  	 Graham Weston
 112 E. Pecan Street, Suite
550
 San Antonio, Texas 78205

		
	With a copy to:	  	 Akin, Gump, Strauss, Hauer & Feld LLP
 590 Madison
Ave.
 New York, NY 10022
 Attention: Thomas
Weir

  

 3 

			
	If to the Partnership:	  	 Knightsbridge, LC
 112 E. Pecan Street, Suite
550
 San Antonio, Texas 78205

		
	With a copy to:	  	 Akin, Gump, Strauss, Hauer & Feld LLP
 590 Madison
Ave.
 New York, NY 10022
 Attention: Thomas
Weir

		
	If to Assignee:	  	
		
	With a copy to:	  	

 ARTICLE VIII 
 GOVERNING LAW 
 This Agreement is intended to be performed in the State of Texas, and the laws (other than
conflict of laws provisions thereof) of such state and of the United States of America shall govern the rights and duties of the parties hereto and the validity, construction, enforcement, and interpretation of this Agreement, except to the extent
otherwise specified. 
 ARTICLE IX 
 VENUE: SERVICE OF PROCESS 
 Each of Assignor and Assignee hereby: (a) irrevocably submits to the exclusive jurisdiction of the
state and federal courts located in Bexar County, Texas and agrees and consents that service of process may be made upon it in any legal proceeding arising out of or in connection with this Agreement by service of process as provided by Texas law,
(b) irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to venue of any litigation arising out of or in connection with this Agreement brought in state or federal courts located in Bexar
County, Texas, (c) irrevocably waives any claims that any litigation brought in any such court has been brought in an inconvenient forum, (d) agrees to designate and maintain an agent for service of process in San Antonio, Texas, in
connection with any such litigation and to deliver to the other party evidence thereof upon request, (e) irrevocably consents to the service of process out of any of the aforementioned courts in any such litigation by the mailing of copies
thereof by certified mail, return receipt requested, postage prepaid, to Assignee at its address set forth in Article 9 herein, and (f) irrevocably agrees that any legal proceeding arising out of or in connection with this Agreement
shall be brought in the state or federal courts of Bexar County, Texas 
  

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 ARTICLE X 
 NUMBER AND GENDER OF WORDS 
 Whenever in this Agreement a word is used in the singular, the same shall
include the plural where appropriate, and words of any gender shall include each other gender or the neuter gender where appropriate. 
 ARTICLE XI 
 CAPTIONS 
 The captions, headings, and arrangements used in this Agreement are for convenience only and do not in any way limit or amplify the terms and provisions hereof. 
 ARTICLE XII 
 SEVERANCE 
 If any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future laws effective during the term of this Agreement, such provision will be fully severable; this Agreement will
be construed and enforced as if such illegal, invalid, or unenforceable provision had never comprised a part of this Agreement; and the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the
illegal, invalid, or unenforceable provision and there will be added automatically as a part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and
enforceable. 
 ARTICLE XIII 
 ACTIONS BY THE PARTNERSHIP 
 All action and determinations by the Partnership, or its officers and directors, pursuant to this
Agreement shall be taken without the participation of Assignee. 
 ARTICLE XIV 
 CONTINUATION OF RIGHTS 
 The failure or refusal of any party to exercise any right
granted in this Agreement with respect to any of the Partnership Interests shall not be a waiver of the right to exercise future rights which may arise hereunder with respect to such Partnership Interests. 
 ARTICLE XV 
 DEBTOR RELIEF LAWS 
 If, under United States federal bankruptcy law, similar debtor relief laws, or other laws affecting the rights of parties hereto to the Partnership
Interests, any right to purchase Partnership Interests afforded Weston under this Agreement is voided or declared unenforceable as to any of the Partnership Interests by any court of competent jurisdiction, Weston shall have a right of first 

  

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refusal to purchase any or all Partnership Interests in the event of any proposed disposition thereof by any trustee, receiver, conservator, liquidator,
guardian, or other transferee of the person holding the Partnership Interests who are, or whose assets are, subject to such laws, at the same price and on the same terms as such Partnership Interests are proposed to be sold by such trustee,
receiver, conservator, liquidator, guardian, or other transferee. 
 ARTICLE XVI 
 AMENDMENTS 
 This Agreement may only be amended at any time and from time to time, in
whole or in part, in a writing setting forth the particulars of such amendment, duly executed by all parties hereto. 
 ARTICLE XVII

 TERMINATION 
 This Agreement
shall automatically terminate on the earlier of                      or the happening of any of the following events: 
 (a) The voluntary or involuntary dissolution of the Partnership (provided that the provisions of this Agreement shall survive such
dissolution to the extent a Repurchase Event has occurred hereunder prior to the date of such dissolution); or 
 (b) This
Agreement is otherwise terminated in writing by all parties hereto. 
 ARTICLE XVIII 
 LEGAL DISPUTES 
 In the event any party hereto seeks to enforce its rights pursuant to
this Agreement against another party hereto in any court of law or other adjudicative tribunal, the prevailing party shall be reimbursed for all costs of the legal proceeding (including reasonable attorneys’ fees for a trial and necessary
appeals) by the other party hereto. 
 ARTICLE XIX 
 PERSONS BOUND BY AGREEMENT 
 The conditions, terms, provisions, and covenants contained in this Agreement
shall apply to, inure to the benefit of, and be binding upon the parties hereto and their respective heirs, successors, permissive assigns, administrators, executors, and other legal representatives. 
  

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 ARTICLE XX 
 COUNTERPARTS 
 This Agreement may be executed in multiple counterparts, each of which shall be deemed an
original, but, in making proof hereof, it shall never be necessary to exhibit more than one such counterpart except in the instance when the execution of this Agreement is questioned. 
 [Signature Page to Buy-Back Agreement Follows] 
  

 7 

 [Signature Page to Buy-Back Agreement] 
 IN WITNESS WHEREOF, the following have duly executed this Agreement to be effective as of the Effective Date. 
  

			
	Beaulieu River 2005, LP
	a Texas limited partnership
		
	By:	 	Knightsbridge, LC
		 	its General Partner
		
	By:	 	  

		 	Graham Weston, Manager
	
	Graham Weston
	  

  

 8 

 [Signature Page to Buy-Back Agreement (continued)] 
 IN WITNESS WHEREOF, the following have duly executed this Agreement to be effective as of the Effective Date. 
  

	
	Name of Assignee:
                            
	  

  

 9

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