Document:

ex10x1.htm

    Exhibit 10.1

     

    
      

      
        

        

           Contract
for Transfer of Outdoor Billboards

        

        Party A:
Shanghai Haosheng Advertising Co., Ltd.

        Address:
Section B, Building 22, No. 58, Xiangcheng Road, Pudong New District, Shanghai,
China

        Tel:
021-68406105   Fax:021-68406092

         Legal
Representative:

        

        Party B:
Shanghai Vastitude Advertising & Media Co., Ltd.

        Address:

        Tel:               Fax:

        Legal
Representative: Ma Ming

        

        Whereas:

        

        1.    Shanghai
Haosheng Co., Ltd. (Party A), as the owner of the five billboards as set out in
Article 1 of this Contract and the relevant rights to advertisement operation
(hereinafter “Target Outdoor Billboards and Relevant Rights of Advertisement
Operation”), has right to use the Target Outdoor Billboards to release
commercial advertisements;

        

        2.    Shanghai
Vastitude Advertising & Media Co., Ltd. (Party B) is a qualified operator of
outdoor advertisements;

        

        3.    Party A
wishes to transfer the Target Outdoor Billboards and all relevant rights of
advertisement operation to Party B (“Relevant Rights of Advertisement Opertion”)
and Party B wishes to accept such transfer;

         

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        4.    The outdoor
advertising contracts that have been previously signed by Party A with respect
to the Target Outdoor Billboards (hereinafter the “original advertising
contracts”) are attached hereto as Appendix I and the contracts for site
occupancy that Party A has signed with respect to the Target Outdoor Billboards
(hereinafter the “original contracts for site occupancy”) are attached hereto as
Appendix II;

        

        Through
friendly consultation, Party A and Party B have reached the agreement as follows
under the principles of mutual benefit and reciprocity:

        

        I. 
Information about Target Outdoor Billboards

         

        
          
            	Serial
      No.	 	
                    location

                  	 	
                    Form

                  	 	
                    Area

                  
	 No.
      7	 	
                    south
      side of Welcome Boulevard and  southeast of Far East Boulevard
      Overpass, Pudong Airport,

                  	 	
                    triple-sided
      single-column aerogun-shaped sign

                  	 	
                    18M(W)X7M(H)X 3=378
      m2

                  
	 No.
      9	 	
                    south
      side of Welcome Boulevard and east of Chuan Nan Feng Gong Road, Pudong
      Airport

                  	 	
                    double-sided
      single-column aerogun-shaped sign

                  	 	
                    18M(W)X6M(H)X 2=216
      m2

                  
	 No.
      19	 	
                    North
      side of Welcome Boulevard and 600 meters west of Chuansha Road, Pudong
      Airport

                  	 	
                    double-sided
      single-column aerogun-shaped sign

                  	 	
                    18M(W)X6M(H)X 2=216
      m2

                  
	 No.
      21	 	
                    south
      side of Welcome Boulevard and  east of Huadong Road Overpass,
      Pudong Airport,

                  	 	
                    double-sided
      single-column aerogun-shaped sign

                  	 	
                    18.6M(W)X6.3M(H)X
      2=216m2

                  
	 	 	
                    in front of
      Bank of China
      Tower,  Lujiazui Metro Plaza,

                  	 	
                    four-sided
      sign, spray paint and three sides rotated

                  	 	
                    three
      side rotation 21M(W)X6.M(H)=126m2,
      fixed
      picture:6M(H)X(20M+11.5M+8.5M)(W)=240m2

                  

          

        

         

         

         

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        There are
five Target Outdoor Billboards in total and they are to be used by Party B to
release commercial advertisements.

        

        II.
Subject of Transfer

        The
Parties agree that, Party A hereby transfers its title to all of the Target
Outdoor Billboards and Relevant Rights of Advertisement Operation as set forth
in Article 1 to Party B in consideration of  Sixteen Million
RMB.

        

        III.
Representations and Warranties

        1.    Party A
represents that, it is a company duly incorporated in China and currently is the
rightful owner of the Target Outdoor Billboards and the Relevant Rights of
Advertisement Operation; it has the right to transfer such Target Outdoor
Billboards and the Relevant Rights of Advertisement Operation to Party B (which
means Party A has right to enter into and to consummate the transaction
contemplated hereunder).

        

        2.     Party B
represents that: it is a company duly incorporated in China and is duly
qualified to design, produce and release advertisements and serve as advertising
agent in China for domestic and foreign clients and has right to enter into and
to consummate the transaction contemplated hereunder.

        

        3.     Each of the
Parties warrants that the execution and performance of this Contact and the
transaction contemplated hereunder will not in any way contradict the laws of
the People’s Republic of China or any valid agreement between either Party
hereto and third party.

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

        IV
Transfer of Ownership

        1.     Party A
agrees that it will coordinate the relevant matters with the existing
advertisers with respect to the Target Outdoor Billboards and shall transfer the
rights and obligations of Party A under the original advertising contracts to
Party B within 7 working days of execution of this Contract.

        

        2.     Party A
agrees that it shall coordinate the relevant matters with the owner or holder of
use right of the site occupied by the Target Outdoor Billboards and shall
transfer the rights and obligations of Party A under the original contracts for
site occupancy to Party B within 7 working days of execution of this
Contract.

        

        3.     Party A
agrees that, subject to execution of this Agreement and first installment of the
payment hereunder made by Party B, Party A shall deliver the Target Outdoor
Billboards to be transferred hereunder to Party B on July 1, 2010 (the “Delivery
Date”) and from then on Party B shall have right to operate and use such
transferred billboards at its own discretion.

        

        4.     The total
prices of the original advertising contracts were RMB 7,300,000; as of June 30,
2010, Party A received RMB3,720,000 for advertisement releases under such
contracts and RMB2,052,328 was due to Party A as of the Delivery Date (June 30,
2010)under such contracts. The advertising fee of RMB1,667,672 accrued following
June 30, 2010 which has been received by Party A shall be set off against the
transfer price to be paid by Party B hereunder;

        

        5.     Given that
the Shanghai government has temporarily suspended review and approval of outdoor
advertisements, Party A shall assist Party B in obtaining all approvals required
hereunder after resumption of such review and approval.

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

        6.     As from the
Delivery Date, the occupancy fees under the contracts for site occupancy between
Party A and the right holders with respect to the sites occupied by the Target
Outdoor Billboards shall be paid by Party B on such terms and in such amounts as
specified by such contracts; and the occupancy fees accrued prior to the
Delivery Date, i.e. RMB:843,488, shall be
paid by Party A.

        

        7.    Party A agree
that it shall make reasonable efforts to assist Party B in securing all
approvals for release of outdoor advertisements in Shanghai, so that Party B
will be able to lawfully operate and use the Target Outdoor Billboards
transferred.

        

        8.    All charges
incurred by each Party with respect to the transaction contemplated hereunder
shall be paid by each Party respectively.

        

        9. The
Parties agree that, as from the Delivery Date, Party B shall become the rightful
owner of the Target Outdoor Billboards and the Relevant Rights of Advertisement
Operation.

        

                    
V. Payment of Transfer Price

        The
Parties agree that Party B shall pay 50% the transfer price to the account of
Party A as designated below within 7 working days of the transfer day, i.e. RMB
7,166,164;

        

        The
Parties agree that Party B shall pay the remaining 50% the transfer price to the
account of Party A as designated below within 7 working days of the day when all
rights and obligations of Party A under the original advertising contracts and
original contracts for site occupancy have been transferred to Party B, i.e. RMB
7,166,164;

                

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        Bank
account information of Party A:

        Name of
account:

        Bank:

        Account
No.:     

                    

        VI.
Obligations of Party A

         1.    Party A shall
represent and warrant that it owns the full ownership of the Target Outdoor
Billboards as of the date of the transfer of the same hereunder and the
representations and warranties it has made hereunder are true, correct and
complete;

        

        2.     Party A
represents and warrants that it has fulfilled all and any agreement of any kind
between Party A and any third party with respect to the Target Billboards prior
to the execution of this Contract with Party B, and that there is no outstanding
or pending liabilities, disputes, controversies, proceedings or administrative
penalties with respect to the Target Outdoor Billboards.

        

        3.     Party A
represents and warrants that, there is no proceedings or other rights or
disposals with respect to the Target Outdoor Billboards and the land or house
property they occupy arising at any time prior to execution of this Contract
with Party B.  Such rights and disposals include but are not limited
to transfer, pledge, mortgage, delegated management and conveyance of all or
part of rights attached to the Target Outdoor Billboards and the land they
occupy.

         
 

        4.     Party A shall
ensure that the Target Outdoor Billboards and the ancillary facilities
(including without limitation lighting and electricity supply systems)thereto
are in good order when they are delivered to Party B and guarantee the
sufficient and uninterrupted electricity supply for the Target Outdoor
Billboards after they are transferred to Party B.

        

        5.     Party A shall
guarantee the Target Outdoor Billboards are in safe condition and in compliance
with national and local safety standards and requirements; in the event of any
accident in relation to the Target Outdoor Billboards, Party A shall be liable
for the consequence (and Party A shall present Party B with the safety
inspection report regarding the billboards).

         

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        6.     Party A shall
perform its obligations hereunder according to the terms of this
Contract.

        

        7.     In order to
guarantee the rights of Party B under this Contract with respect to the Target
Outdoor Billboards, Party A shall continue to provide the related facilities and
assistances to Party B following the transfer of the billboards to Party
B.

        

        VII.
Obligations of Party B

        1.     Party B shall
pay the transfer price hereunder in a timely manner in accordance with the terms
of this Contract;

        

        2.     Party B shall
warrant that the advertisements it is to release are true and valid and in
compliance with the applicable laws and regulations;

        

        VIII.
Liabilities for Breach of Contract

        1.     Party A shall
pay 10% of the transfer price as penalty to Party B if it has breached any
provision of Article 6; if the penalty is insufficient to make up for the loss
caused to Party B, Party A shall pay damages to Party B; at the same time Party
B shall have right to terminate this Contract and the termination shall take
effect when the termination notice of Party B is served with Party A; and Party
A shall refund the transfer price that it has received from Party B to Party B
once this Contract is so terminated.

        

        2.     Party B shall
pay 10% of the transfer price as penalty to Party A if it has breached paragraph
1 of Article 7.

         

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        3.     Party B may
demand refund of all or part of the transfer price it has paid to Party A if
Party B could not lawfully operate all or part of the Target Outdoor Billboards
after the payment of the transfer price, and in such case it shall have right to
terminate this Contract with effect from the date when its written notice of
termination is served with Party A. The breaching party shall still be liable
for the breach in accordance with the terms of this clause following the
termination.

        

        IX. Other
provisions

        1.     The Parties
shall otherwise negotiate any matter not addressed herein; appendices hereto is
an integral part hereof and shall be equally effective as the main body of the
Contract.

        

        2.     This Contract
shall take effect upon execution by both Parties. This Contract is signed in
four copies with equal force, two for Party A and the other two for Party
B.

         

        3.     Party A and
Party B shall endeavor to resolve any dispute arising out the performance of
this Contract through friendly consultation; if it could not be resolved through
consultation within 30 working days, either Party may submit the dispute to
Dalian Arbitration Committee for arbitration in accordance with its arbitration
rules then in effect.

        

        (the remainder of
the page is intentionally left blank.)

        

         

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        (signature
page)

        Party A:
Shanghai Haosheng Advertising Co., Ltd.

        Legal
Representative: /s/ Signed

        

        

        

        

        Party B:
Shanghai Vastitude Advertising & Media Co., Ltd.

        Legal
Representative: /s/ Signed

        

        

        

        

        

        

        IN
WITNESS WHEREOF, this Contract has been concluded in Shanghai at____(time) on
July 8, 2010(date).Exhibit
10.32

 

Datalink Corporation

8170 Upland Circle

Chanhassen, Minnesota 55317

 

July 13,
2010

 

Mr. Robert
R. Beyer

4950
Shady Island Circle

Mound,
MN 55364

 

Re:          Separation Arrangements

 

Dear
Rob:

 

We
are writing to confirm your resignation as an employee and officer of the
company effective August 6, 2010 (the “Effective Date”).  In connection with your departure from
Datalink, we have agreed as follows:

 

1.             Duties, Final Regular Pay,
Expenses, Health and Dental Insurance and PC/Cell Phone.  We agree that you will remain an employee
through the Effective Date and will receive your normal paychecks and benefits
in accordance with our scheduled payrolls during July.  However, during this period, you will have no
job duties or responsibilities and need not report to work. We will process
your final regular paycheck through the Effective Date (less all normal tax
withholdings), and send that to you within five days of the Effective
Date.  We will promptly process any final
company expenses for which you provide us the customary documentation.  We will also separately send you information
relating to your available 18-month COBRA elections under our health and dental
insurance program.  Subject to expiration
of the 15-day revocation period under your release below without your having
revoked it, we will directly pay, or will reimburse you for, 12 months of
premiums for the COBRA coverage beginning as of the Effective Date.   However, if you become re-employed with
another employer and are eligible to receive any health benefits under another
employer’s plan, our obligations to pay or reimburse for your COBRA coverage
will terminate as reasonably coordinated by the parties so that there is not a
lapse in the applicable coverage.  To the
extent that your company-provided life and disability insurance benefits are
portable, we will reasonably coordinate the transfer of those policies to you
personally (with you being responsible for direct payment of premiums to the
insurance carriers).

 

You
may retain and shall own your company-issued personal computer provided that
you deliver it to us this afternoon (without deleting or tampering with any
information thereon) for our review and right to transfer and erase any company
related information stored thereon. 
Otherwise, you shall return your PC to us promptly.

 

You
may also retain and shall own your company-issued cell phone and the mobile
telephone number associated with it.

 

 

2.             Restricted Stock and Stock
Options.  Subject to
expiration of the 15-day revocation period under your release below without
your having revoked it, we confirm that you are fully vested in the 18,750
remaining unvested shares of our Common Stock that we granted to you in February 2007
(an original grant of 75,000 shares). 
However, to pay your withholding taxes on this vested restricted stock,
you authorize us to cancel a number of these shares using the closing price of
our Common Stock for the day your 15-day revocation period expires.  We will therefore deliver a net number of
shares to you after the release revocation period expires.  Until you make your election, we will hold
all of your restricted shares.  When we
release the certificate representing your restricted shares to you, we will
arrange removal of the restrictive legends relating to your restricted stock
agreement (but not the customary securities law restrictions relating to shares
privately issued to our affiliates).  We
will cooperate in a timely manner with all requested transfers of, and removals
of restrictive legends with respect to, your shares (i.e., we will use our best
efforts to arrange all permissible transfers or legend removals with our
transfer agent within three business days after receipt of all required
paperwork from you).

 

We
also confirm that you are vested in stock options to acquire 26,666 shares
exercisable at $3.91 per share.  You must
exercise these vested options, if at all, by November 5, 2010 (90 days
from the Effective Date).

 

We
remind you of your obligations not to trade in our stock while in possession of
material non-public information and to comply with SEC reporting obligations on
transactions in your stock.

 

3.             Cash Severance Payment.  Within five days after (i) the Effective
Date, or (ii) the expiration of the 15-day revocation period under your release
below without your having revoked it, 
whichever is later, we will pay you, as severance pay, a lump-sum amount
of $270,000 (less normal tax withholdings) representing twelve months salary.

 

4.             Confidentiality Obligations.  We remind you of your continuing
post-employment responsibility to not at any time use or, other than as
required by court order, disclose, or permit use or disclosure of, any of our
confidential information or trade secrets.  This includes all non-public
knowledge and information that you acquired during employment with us which
relates to our business, developments, activities, products and services or
financial affairs or any individual or firm that is engaged in or has done
business with us.  This also includes any information or compilation of
information that derives independent economic value from not being generally
known or readily ascertainable by proper means by other persons and which
relates to any aspect of the company’s business, including, but not limited
to:  trade secrets within the meaning of the Minnesota Trade Secrets Act,
customer lists, customer information, costs and selling prices, 

 

2

 

payment
and credit information, customer profiles and analysis, prospect tracking
recording, financial information, budget and financial plans, costing, pricing,
billing information, tax data, sales and marketing information, business
strategies and plans, technical information including software, research,
product/product development information, personnel information such as
salaries, phone numbers, titles, benefits, bonuses, employment histories,
shareholder information and stock data and any discoveries, inventions, ideas,
methods, products, equipment, developments, improvements or programs which we
hold confidential and have not publicly disclosed.  Of course, you are not
obliged to maintain the confidentiality of information that is or becomes
public other than as a result of acts by or through you or that you independently
obtain from a third party having no duty of confidentiality to us, or
information independently developed outside your relationship with us without
use of any of our otherwise confidential information.  Your obligations of confidentiality under
this Section 4 expire three years from the date of this letter other than
trade secret information which survives indefinitely.

 

5.             Return of Company Property.  We remind you that all records, designs,
tradenames and trademarks, service names and service marks, patents, business
plans, financial statements, manuals, memoranda, customer and other lists and
other property delivered to or compiled by you by or on behalf of the company,
or its representatives, vendors or customers, or otherwise in your possession,
which pertain to our business continue to be our property.  You agree to immediately return to us all
correspondence, reports, records, charts, advertising and marketing and
financial materials and other similar data pertaining to the business,
activities or future plans of the company which you have collected or that is
in your possession.  You also agree to
immediately return any other physical property of ours.

 

6.             Non-Solicitation.

 

(a)           Basic Terms.  In consideration of our allowing you to vest
in your restricted stock, and full payment by us of your cash severance and
COBRA and of the other terms, you will not, for a period of one (1) year
from the Effective Date, for any reason whatsoever, directly or indirectly, for
you or on behalf of or in conjunction with any other person, firm, entity,
company, business, partnership, corporation, limited liability company or
limited liability partnership of whatever nature:

 

(i)            engage, as an officer,
director, shareholder, owner, partner, joint venturer or in a managerial
capacity, whether as an employee, independent contractor, consultant or advisor
or as a sales representative or executive, in any business that, as of the
Effective Date, manufactures, markets and/or sells data storage hardware and/or
data storage software products and/or services in competition with us in the
United States;

 

3

 

(ii)           recruit, solicit, hire or
induce, or attempt to recruit, hire or induce, any employee or employees to
terminate employment or otherwise cease his, her or their relationship with us;

 

(iii)          solicit, divert or take
away, or attempt to solicit, divert or to take away, the data storage hardware
and/or software products and/or services business or patronage of any of our
actual or prospective clients, customers or accounts contracted, solicited or
served by us during your employment;  or

 

(iv)          call upon or solicit any
prospective acquisition candidate or individual or groups of employees of other
organizations, which, to your actual knowledge after due inquiry, we have
called upon or for which we have made an acquisition or hiring analysis, for
the purpose of acquiring such entity or its assets or hiring such individuals.

 

Notwithstanding
the above, you may acquire as a passive investment not more than three percent
(3%) of the capital stock of a competing business, whose stock is traded on a
national securities exchange or over-the-counter.

 

(b)           Equitable Relief.  Because of the difficulty of measuring
economic losses to us as a result of a breach of the foregoing covenants, and
because of the immediate and irreparable damage that could be caused to us for
which we would have no other adequate remedy, you agree that we may enforce the
foregoing covenants in the event of your breach by injunctions and restraining
orders.

 

(c)           Severability and/or Reformation.  The covenants in this Section 6 are
severable and separate, and the unenforceability of any specific covenant shall
not affect the provisions of any other covenant.  Moreover, in the event any court of competent
jurisdiction determines that the scope, time or territorial restrictions set
forth are unreasonable, then it is our mutual intention that the court enforce
the restrictions to the fullest extent which the court deems reasonable, and
our agreement shall be accordingly reformed.

 

(d)           Independently
Enforceable.  All of the covenants in this Section 6
shall be construed as an agreement independent of any other provision in this
separation agreement, and the existence of any claim or cause of action of
which you may have against us, whether predicated on this separation agreement
or otherwise, shall not constitute a defense to the enforcement of such
covenants.  It is specifically agreed that the period of one (1) from
the Effective Date stated at the beginning of this Section 6, during which
the agreements and covenants made in this Section 6 shall be effective,
shall be computed by excluding from such computation any time during which you
are in violation of any provision of this Section 6.

 

4

 

7.             Tax Matters.  We make no guarantees to you regarding the
tax treatment of this separation agreement. 
You agree that if our stock or cash payments to you result in, or cause
in any manner, the application of an accelerated or additional tax, fine or
penalty under Internal Revenue Code Section 409A or otherwise, you will be
solely liable for its payment and the company will have no obligation or
liability to pay or reimburse (either directly or otherwise) you for any such
additional taxes, fines or penalties.

 

8.             Release.  Vesting in your restricted stock and payment
by us of your cash severance and COBRA above is conditioned upon your signing
and returning the release of claims attached as Exhibit A and the
expiration of its 15-day revocation period without your having revoked it.

 

9.             Governing Law.  This separation agreement shall be governed
by the laws of the State of Minnesota exclusive of its conflicts of laws and
regardless of where you reside or who you may be employed by in the
future.   Any claims or action brought
relating in any way to this separation agreement must be brought in the
District Court located in the State of Minnesota and venued in Hennepin County.
You hereby consent to the personal and subject matter jurisdiction, and the
convenience of this court for resolving any claims.

 

If
you agree with the terms of this separation agreement, please so indicate by
your signature below.  We thank you for
your years of service to Datalink and wish you the best in your future
endeavors.

 

Very
truly yours,

 

	
  DATALINK
  CORPORATION

  	
   

  	
  Agreed
  to and accepted:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By

  	
  /s/
  Paul F. Lidsky

  	
   

  	
  /s/
  Robert R. Beyer

  
	
   

  	
  Paul
  F. Lidsky, Chief Executive Officer

  	
   

  	
  Robert
  R. Beyer

  

 

5

 

Exhibit A

Release of Claims

 

I
release Datalink Corporation and its officers, directors, employees and agents
from any claim, cause of action, damages or expenses, including attorneys’
fees, arising out of the relationship between the parties through the date of
the signing of this Release.  This is intended to be a complete release of
claims by me, whether the claims are known or unknown, matured or unmatured or
fixed or contingent.  Therefore, by this release I GIVE UP
ANY RIGHT TO MAKE A CLAIM, BRING A LAWSUIT, FILE AN ADMINISTRATIVE CHARGE OF
DISCRIMINATION OR OTHERWISE SEEK MONEY DAMAGES OR COURT ORDERS AS A RESULT OF
MY EMPLOYMENT BY DATALINK, OR OF MY SEPARATION FROM EMPLOYMENT WITH DATALINK. 
I acknowledge and intend that this Release cover claims of wrongful
termination, defamation, intentional infliction of emotional distress, any
claims under the Federal Age Discrimination in Employment Act, Title VII of the
Civil Rights Act of 1964, the Americans With Disabilities Act, the Minnesota
Human Rights Act and Minnesota Statute Section 181.81 (which prohibits age
discrimination) and any other state or federal statutes prohibiting
discrimination in employment.  This Release also binds my heirs,
administrators, representatives, executors, successors and assigns.  I
have been advised by my legal counsel of the effect of this Release. 
Despite the above, this Release does not apply to claims against Datalink for
breaching its obligations under a separation agreement dated July 7, 2010.

 

NOTICE TO THE UNDERSIGNED:

 

THIS
IS A RELEASE OF LEGAL RIGHTS YOU MAY HAVE.  YOU SHOULD CONSULT WITH
AN ATTORNEY REGARDING THIS RELEASE AND OTHER ASPECTS OF THIS LETTER BEFORE YOU
SIGN IT.

 

YOU
HAVE 21 DAYS TO CONSIDER WHETHER OR NOT TO SIGN THIS RELEASE, STARTING FROM THE
DATE YOU FIRST RECEIVE A COPY OF IT.  YOU MAY SIGN THIS RELEASE AT
ANY TIME DURING THE 21-DAY PERIOD.

 

YOUR
EMPLOYMENT BY DATALINK HAS TERMINATED.  YOUR ACCEPTANCE OR FAILURE TO
ACCEPT THIS RELEASE DOES NOT AFFECT YOUR TERMINATION.  IF YOU DO NOT
ACCEPT THIS RELEASE, OR IF YOU REVOKE YOUR ACCEPTANCE OF IT, DATALINK WILL NOT
PROVIDE YOU THE SEVERANCE PAY AND OTHER BENEFITS DESCRIBED IN YOUR SEPARATION
AGREEMENT.

 

AFTER
YOU ACCEPT THIS RELEASE BY SIGNING IT, YOU MAY REVOKE YOUR ACCEPTANCE FOR
A PERIOD OF 15 DAYS AFTER THE DATE YOU SIGN.  THIS RELEASE IS NOT
EFFECTIVE UNTIL THIS 15-DAY REVOCATION PERIOD EXPIRES.

 

6

 

IF
YOU WISH TO REVOKE YOUR ACCEPTANCE OF THIS RELEASE, YOU MUST NOTIFY DATALINK IN
WRITING WITHIN THE 15-DAY REVOCATION PERIOD.  YOU MUST DELIVER YOUR NOTICE
TO DATALINK IN PERSON OR BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED, ADDRESSED
TO:  Greg Barnum, Chief Financial Officer, Datalink Corporation, 8170
Upland Circle, Chanhassen, Minnesota 55317.  IF YOU FAIL TO PROPERLY
DELIVER OR MAIL YOUR WRITTEN REVOCATION AS INSTRUCTED, YOUR REVOCATION WILL NOT
BE EFFECTIVE.

 

	
  Date
  this Release is first given by Datalink to the undersigned:

  	
  July 13,
  2010

  
	
   

  	
   

  
	
  Agreed
  to and accepted by the undersigned:

  	
  /s/
  Robert R. Beyer

  
	
   

  	
  Robert
  R. Beyer

  
	
   

  	
   

  
	
  Date
  this Release is signed by the undersigned:

  	
  July
  13, 2010.

  

 

7

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