Document:

Exhibit 10.2

    
      

    

     

     

    Exhibit
      10.2

     

    

      January
        3, 2007

      

      

      Silicon
        Valley Bank

      One
        Newton Executive Park, Suite 200

      2221
        Washington Street

      Newton,
        Massachusetts 02462

      

      

      
        	 	
                Re:

              	
                Loan
                  Arrangement with Voxware,
                  Inc.

              

      

      

      Gentlemen:

      

      Reference
        is made to a certain loan arrangement entered into by and between Voxware
        Inc.,
        a
        Delaware corporation with its chief executive office located at 168 Franklin
        Corner Road, Lawrenceville, New Jersey 08648 (the “Borrower”),
        and
        Silicon Valley Bank (the “Bank”),
        as
        evidenced by, among other documents, a certain Loan and Security Agreement
        dated
        as of December 29, 2003, between Borrower and Bank (together with all documents
        executed in connection therewith or related thereto, as amended, collectively
        referred to herein as the “Loan
        Agreement”).
        

      

      References
        is made to that certain Loan and Security Agreement dated as of
        December 29, 2006, by and between Borrower and the Bank (the “2006
        Loan Agreement”)
        whereby, among other things, the Bank has agreed to extend additional credit
        (the “Additional
        Credit”)
        pursuant to a certain revolving line in the principal amount of up to One
        Million Five Hundred Thousand Dollars ($1,500,000.00), and a term loan in
        the
        principal amount of up to One Million Five Hundred Thousand Dollars
        ($1,500,000.00). 

      

      Reference
        is made to a certain Unconditional Guaranty (the “Guaranty”)
        dated
        as of January 27, 2004, executed and delivered by the undersigned (the
“Guarantor”),
        pursuant to which the undersigned unconditionally guarantied the prompt,
        punctual and faithful payment and performance of all liabilities and obligations
        of the Borrower to the Bank (hereinafter, the “Obligations”).

      

      Reference
        is further made to a certain Security Agreement (the "Security
        Agreement")
        dated
        as of January 27, 2004, executed and delivered by the Guarantor, pursuant
        to
        which the undersigned granted certain Collateral (as defined therein) to
        the
        Bank to secure the Obligations of Borrower to Bank under the Loan
        Agreement.

      

      In
        order
        to induce the Bank to enter into the 2006 Loan Agreement, the undersigned
        hereby:

      

      
        	 	
                (a)

              	
                ratifies,
                  confirms and reaffirms, all and singular, the terms and conditions
                  of the
                  Guaranty and Security Agreement; 

              

      

      

      
        	 	
                (b)

              	
                acknowledges,
                  confirms and agrees that the Guaranty and Security Agreement shall
                  remain
                  in full force and effect and shall in no way be limited by the
                  execution
                  of the 2006 Loan Agreement; 

              

      

      

      
        	 	
                (c)

              	
                acknowledges,
                  confirms and agrees that the obligations of the Borrower to the
                  Bank under
                  the Guaranty include, without limitation, all Obligations of Borrower
                  to
                  Bank under the Loan Agreement and the 2006 Loan Agreement;
                  and

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	 	
                (d)

              	
                acknowledges,
                  confirms and agrees that the Bank's security interest in the Guarantor's
                  Collateral, as defined under the Security Agreement shall continue
                  to
                  secure the Obligations of the Borrower under the Guaranty, including
                  the
                  Loan Agreement, and the 2006 Loan
                  Agreement.

              

      

      

      

      

      Further,
        the undersigned acknowledges, confirms and agrees that it has no offsets,
        defenses, claims or counterclaims against the Bank with respect to the
        Borrower’s and/or the undersigned’s respective liabilities and obligations due
        and owing to the Bank, and that to the extent that the undersigned has or
        has
        ever had any such offsets, defenses, claims or counterclaims, the undersigned
        hereby specifically WAIVES
        and
        RELEASES
        any and
        all rights to same.

      

      This
        letter shall take effect as a sealed instrument under the laws of the
        Commonwealth of Massachusetts as of the date first written above.

      

      
        	 	
                Very
                  truly yours,

              
	 	 
	 	
                (“Guarantor”)

              
	 	 
	 	
                VERBEX
                  ACQUISITION CORPORATION

              
	 	 
	 	
                By:    
                  /s/
                  Paul
                  Commons                                     
                  

              
	 	 
	 	
                Name:    
                  Paul
                  Commons                                     
                  

              
	 	 
	 	
                Title:     
                  Vice
                  President &
                  CFOSummary of 2006 Bonus Award Schedule

 EXHIBIT 10.1 
 SUMMARY OF 2006 BONUS AWARD SCHEDULE 
 The following summarizes the amounts awarded to the executive
officers of Pinnacle Entertainment, Inc. (the “Company”) other than Daniel R. Lee, the Company’s Chairman of the Board and Chief Executive Officer, for 2006 as cash bonuses and bonuses under the Company’s deferred bonus plan (the
“Deferred Bonus Plan”): 
  

							
	 Name and Title
	  	2006
Cash Bonus	  	2006
Deferred Bonus
	 Wade W. Hundley
 President
	  	$	360,000	  	$	120,000
	 Stephen H. Capp
 Executive Vice President and Chief Financial Officer
	  	$	337,500	  	$	112,500
	 Alain Uboldi
 Chief Operating Officer
	  	$	255,000	  	$	85,000
	 John A. Godfrey
 Executive Vice President, Secretary and General Counsel
	  	$	243,750	  	$	81,250

 Each person’s deferred bonus will be deferred and paid over three years, one-third on each
anniversary of such year’s bonus payment date.Form of Stock Option Cancellation Agreement

 EXHIBIT 10.1 
 STOCK OPTION 
 CANCELLATION AGREEMENT 
 ‘This Stock Option Cancellation Agreement is made effective as of the 4th day of January, 2007 between Renovis, Inc. (the “Company”) and [            ]
(the “Optionee”). 
 WHEREAS, on the dates set forth on Exhibit A, the Optionee was granted options (the
“Options”) to purchase the number of shares of the Company’s common stock set forth on Exhibit A (the “Shares”) at the per share exercise prices set forth on Exhibit A pursuant to the Company’s Amended and
Restated 2003 Stock Plan (the “2003 Stock Plan”); and 
 WHEREAS, the Company desires to cancel the Options and the Optionee
desires to relinquish any right, title or interest the Optionee may have in or to the Options, the Shares subject to the Options, and any agreement, written or oral, relating to the Options (each an “Option Agreement”). 
 NOW, THEREFORE, in consideration of the covenants and undertakings contained herein, and for other good and valuable consideration, the sufficiency of
which is hereby acknowledged, the Company and the Optionee agree as follows: 
 1. Effective as of the date hereof, and upon payment by the
Company of $0.001 per share, the Optionee shall surrender the Options to the Company for cancellation and hereby waives, relinquishes and gives up any and all right, title or interest that the Optionee may have in or to the Options and the Shares
subject thereto, as well as any right, title or interest in or under any Option Agreement. 
 2. The Company, upon payment of the agreed-upon
consideration, is hereby relieved of all of its obligations to the Optionee under the Options and any Option Agreement. Shares reserved for issuance under the Options shall become available for future grants under the Company’s 2003 Stock Plan
without shareholder approval in accordance with Rule 4350(i)(1)(A) of the Rules of the National Association of Securities Dealers, Inc. and interpretative guidance issued thereunder. 
 3. For the avoidance of doubt, the Optionee, in surrendering and relinquishing all right, title or interest in the Options, has no expectation, whether
express, implied, or otherwise, of receiving future options grants or other equity-based awards from the Company, and the Company is under no obligation, whether express, implied, or otherwise, to grant future options to purchase shares or other
equity-based awards to the Optionee. 
 (signature page follows) 

 IN WITNESS WHEREOF, the Company and the Optionee have caused this Agreement to be executed as of the date
and year first above written. 
  

			
	RENOVIS, INC.
		
	By:	 	  

		
	Its:	 	  

	
	OPTIONEE
	
	  
 (Signature)

	
	  
 (Print Name)

 EXHIBIT A 
 STOCK OPTION GRANTS 
  

							
	 Stock Option
 Grant Number
	 	 Grant Date
	 	 Number of
 Shares
	 	 Exercise PriceSettlement Agreement with Bruce Gray

 Exhibit 10.26.1 
 SEPARATION AND RELEASE AGREEMENT 
 I, Bruce Gray (“Employee,” “me” or
“I”), understand that my position with American Technology Corporation (the “Company”) was terminated effective September 19, 2006 (the “Separation Date”). The Company has agreed that in exchange for my signature on
this Agreement and the promises and covenants herein, the Company will pay me severance in the amount of $90,000 (Ninety Thousand Dollars and No Cents) minus the standard withholdings and deductions. This payment will be made within five (5)
business days after the expiration of the revocation period described below. I understand that I am not entitled to this severance payment unless I sign and do not revoke this Agreement. I understand and agree that in addition to this severance the
Company has paid me all of my accrued salary and vacation, to which I am entitled by law. 
 In exchange for the consideration provided to me
by this Agreement that I am not otherwise entitled to receive, I hereby unconditionally and completely release the Company and its directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, parent and
subsidiary entities, insurers, affiliates, and assigns from any and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring prior to my signing
this Agreement. This general release includes, but is not limited to: (1) all claims arising out of or in any way related to my employment with the Company or the termination of that employment; (2) all claims related to my compensation or benefits
from the Company, including salary, bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership interests in the Company; (3) all claims for breach of contract, wrongful
termination, and breach of the implied covenant of good faith and fair dealing; (4) all tort claims, including claims for fraud, defamation, emotional distress, and discharge in violation of public policy; and (5) all federal, state, and local
statutory claims, including claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990, the federal
Age Discrimination in Employment Act of 1967 (as amended) (“ADEA”), and the California Fair Employment and Housing Act (as amended) and other analogous state and local laws or regulations. 
 In giving this release, which includes claims which may be unknown to me at present, I hereby acknowledge that I have read and understand Section 1542 of the Civil Code
of the State of California which reads as follows: 
 A general release does not extend to claims which the creditor does not know or
suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. 
 I hereby expressly waive and relinquish all rights and benefits under Section 1542 and any law or legal principle of similar effect in any jurisdiction
with respect to claims released hereby. 

 This release does not release claims that cannot be released as a matter of law, including, but not
limited to, claims under Division 3, Article 2 of the California Labor Code (which includes indemnification rights.) 
 I acknowledge that I
am knowingly and voluntarily waiving and releasing any rights I may have under the federal Age Discrimination in Employment Act of 1967, as amended (“ADEA”). I also acknowledge that the consideration given for the waiver in the above
paragraph is in addition to anything of value to which I was already entitled. I have been advised by this writing, as required by the ADEA that: (a) my waiver and release do not apply to any claims that may arise after my signing of this Agreement;
(b) I should consult with an attorney prior to executing this release; (c) I have forty-five (45) days within which to consider this release (although I may choose to voluntarily execute this release earlier); and (d) as set forth in the following
paragraph, I have seven (7) calendar days following the execution of this release to revoke the Agreement. 
 Within three (3) calendar days
of signing and dating this Agreement, I agree to deliver the executed original of this Agreement to Norma Berry, American Technology Corporation, 15378 Avenue of Science Suite 100, San Diego, CA 92128. However, I and the Company acknowledge and
agree that I may revoke this Agreement for up to seven (7) calendar days following my execution of this Agreement and it shall not become effective or enforceable until the revocation period has expired. I and the Company further acknowledge and
agree that such revocation must be in writing addressed to and received by Norma Berry not later than midnight on the 7th day following execution of this Agreement by me. Should I revoke this Agreement under this paragraph, this Agreement shall not
be effective or enforceable and I will not receive the monies and benefits described above. 
 I acknowledge my continuing obligations under
my Employee Nondisclosure Agreement. Pursuant to the Employee Nondisclosure Agreement I understand that among other things, I must not use or disclose any confidential or proprietary information of the Company and I must immediately
return all Company property and documents (including all embodiments of proprietary information) and all copies thereof in my possession or control. I also acknowledge the Mutual Agreement to Arbitrate between myself and the Company and agree
to that Mutual Agreement to Arbitrate’s validity and application to any disputes arising under this Agreement. I also agree that any arbitration regarding this Agreement shall take place in San Diego County, California. 
 I agree not to make any statement or take any action which would damage the reputation or promotion of the Company or its products. 
 If either I or the Company commences an action against the other party to enforce any of the terms hereof or because of the breach by such other party of
any of the terms hereof, the prevailing party shall be entitled, in addition to any other relief granted, to all actual out-of-pocket costs and expenses incurred by such prevailing party in connection with such action and the enforcement and
collection of any judgment rendered therein, including, without limitation, all reasonable attorneys’ fees, consultant fees and expert witness fees, and a right to such costs and expenses shall be deemed to have accrued upon the commencement of
such action and shall be enforceable whether or not such action is prosecuted to judgment. 

 This Agreement, constitutes the complete, final and exclusive embodiment of the entire agreement between
the Company and me with regard to the subject matter hereof. I am not relying on any promise or representation by the Company that is not expressly stated herein. This Agreement may only be modified by a writing signed by both me and a duly
authorized officer of the Company. 
 I accept and agree to the terms and conditions stated above: 
  

							
	 October 4, 2006
	 		 	           /s/ Bruce
Gray        

	Date	 		 	[EMPLOYEE]
			
	 10/19/06
	 		 	For AMERICAN TECHNOLOGY CORPORATION
	Date	 		 		 	
		 		 	By:	 	 /s/ Thomas R. Brown      

		 		 	Title:	 	 President

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