Document:

Letter from Green Mountain Coffee Roasters, Inc. to Stephen L. Gibbs

 Exhibit 10.1 
 

 
 July 20, 2011 
 Stephen Gibbs 
 Dear Stephen, 
 Welcome to the Green Mountain Coffee Roasters (GMCR) Enterprise Team! You will be joining our company at an exciting time. We are recognized as an industry leader for our award-winning coffees, innovative
brewing technology and socially responsible business practices. We are proud of our great customers, products, services, and talented employees. And now we are excited that you are joining us to add your skills, experiences and creative ideas to our
team. 
 We are very pleased to offer you the position of Vice President and Chief Accounting Officer, reporting to Fran Rathke. We anticipate
your first day of employment will by August 22, 2011. 
 Your compensation is comprised of an annual base salary of $330,000 (less
applicable tax and withholdings) paid in bi-weekly increments. You will also be entitled to participate in the Short-Term Incentive Program (“STIP”) under the Green Mountain Coffee Roasters, Inc. 2006 Incentive Plan beginning Fiscal Year
2012. Your target bonus for FY2012 will be 50% of your base salary. The Program’s annual performance metrics are based on specific financial targets. 
 You will also be eligible to participate in our FY 2012 long term incentive plan at a rate of 70% of your base salary. In Fiscal Year 2011, the long term incentive portion of our incentive plan was a
stock option grant calculated using the Black-Scholes value of our stock. Generally, our stock options vest at a rate of 25% per year, over four years and grants are made in March of each year. 

As part of our offer, and to help you transition to GMCR, it is our intent that, on your first day of employment, you will be granted an option grant
equivalent to $330,000 based on the Black-Scholes valuation and the closing price of our stock on that day. This grant is a non-qualified option and will vest over four years at 25% per year. 

You are also eligible for a one time sign-on bonus of $70,000 (less applicable tax and withholdings) to be paid within thirty days of you joining. Should
you leave the company within twelve months of your hire date, you must reimburse the sign-on bonus to GMCR. 
 You are also eligible for a one
time lump sum transition payment of $50,700 (less applicable tax withholdings) to be paid within thirty days of you joining GMCR. Should you leave the company within twelve months of your hire date, you must reimburse the company for this $50,700.

 The employee will use the Relocation Department for coordination of home sale and movement of household goods. Please contact Barbara Basso
at the Relocation Department at to begin this process. 
 The employee is required to allow the Relocation Department to make the first call to
the Realtors of employee’s choice. Upon the sale of your home, GMCR will reimburse you for the selling costs, including the customary real estate commission, as well as any one-time customary closing costs. This reimbursement will be subject to
taxes and 

  
 

 

 

 
  

 
withholding. The employee may elect to use the Guaranteed Sale/Buyer Value Option- Company buys former home based when a bona fide, non- contingent sale is presented to
determine value. One fee appraisal ordered for listing guidelines. Seller’s costs, including customary real estate commission, as well as the one-time customary closing costs are paid. 
 Upon the sale of your home, GMCR will reimburse you for the reasonable and customary documented expenses incurred in moving your household including packing, unpacking, van transportation, insurance at
replacement value, storage of household goods up to 30 days, and the shipment of one car to Vermont, as administered by our supplier, and approved by the CHRO. 
 GMCR will reimburse (less applicable tax and withholding) 50% of the documented loss on your home sale up to a maximum of $75,000. 
 The employee move must be completed with one year of hire in order to be eligible for reimbursement of home sale and movement of household goods expenses. 

You will be a Participant in the Green Mountain Coffee Roasters, Inc. 2008 Change-In-Control Severance Benefit Plan, a copy of which you can find on the
S.E.C’s website as an exhibit to our Form 10-K. 
 All employment with GMCR is on an “at-will” basis. At-will employment means
just as you are free to resign at any time, with or without reason, and with or without prior notice, GMCR is free to end your employment at any time, with or without cause or reason, and with or without prior notice. Nothing in this letter is
intended to change your “at-will” employment status. 
 If your employment is terminated by the GMCR other than for gross misconduct,
you shall receive six (6) months of base salary continuation as severance. To receive severance benefits, you will be required to sign and return to us a general release of claims in a reasonable and customary form we will provide within five
business days following such termination of employment (the “release”). 
 As a new full-time employee, you become eligible to
participate in GMCR’s benefit programs on the first day of the month, following 30 days of employment. Full-time benefits include Health, Dental, Vision and Life Insurances, Flexible Spending Plan, 401(k) and Employee Stock Purchase Plans.
Specific details on the benefits plans and eligibility criteria will be provided to you during Orientation. GMCR agrees to reimburse you for your COBRA premium during the GMCR waiting period of the first day of the month following 30 days of
employment. 
 On your first day of employment, you will accrue Combined Time Off (CTO) at a rate of 8.6 hours per paycheck. This is equivalent
to 224 hours annually. 
 Enclosed is a packet of information describing GMCR’s orientation program. We encourage you to look through this
packet to become familiar with the forms it contains. Please bring this packet to Orientation, with the following forms read and signed: 
  

	 	•	 	 New Employee Form 

  

	 	•	 	 W-4 

  

	 	•	 	 W-4VT – if you are a Vermont resident 

  

	 	•	 	 Form I-9, Employment Eligibility Verification – please also bring the required identification. Please see page 4 of the form for a list of
acceptable documents. If you are unable to present the required documents, you will not be able to commence employment with GMCR until you provide the required documents. Additionally, we will need to make a copy of your Social Security card for
payroll purposes. 

  
 

 

 

 
  

	 	•	 	 Employee Direct Deposit Authorization Agreement (if you are interested in using this service) 

 

	 	•	 	 Interoffice Memo regarding Confidentiality 

  

	 	•	 	 Our Code of Ethics 

  

	 	•	 	 Insider Trading Policy 

Please feel free to call me at 802-822-2190 if you have any questions prior to your first day. I am delighted to have you join the GMCR team and I look
forward to working with you. 
 Sincerely, 
 /s/ Linda Longo-Kazanova 
 Linda Longo-Kazanova 

Vice President and Chief Human Resources OfficerOption Agreement

 Exhibit 10.1 
 OPTION AGREEMENT 
 This OPTION AGREEMENT (the
“Agreement”) is entered into and shall be effective as of the 31st day of March, 2011 by and between Amper, S.A. (the “Seller”) and Elandia International Inc. (the “Buyer”). The Seller and the Buyer
are sometimes referred to herein collectively as the “Parties” and each individually as a “Party.” 
 WHEREAS, this Agreement is being entered into in conjunction with the closing of the transaction contemplated by that certain Contribution Agreement by and between the Parties, dated July 29,
2010, as the same has been amended (the “Contribution Agreement”). 
 NOW, THEREFORE, in consideration
of the mutual covenants herein expressed, the Parties hereby agree as follows: 
 ARTICLE I 

OPTION 

1.01 Option. Effective as of the date hereof, Buyer may at any time prior to September 30, 2011 (the “Termination
Date”), at its option and in its sole discretion, purchase in whole but not in part, 58,298,179.6875 capital shares of Hemisferio Norte Brasil, S.L. representing 10.4% of its issued and outstanding capital shares as of the date hereof (the
“Remaining Interest”) from Seller (the “Option”). 
 1.02 Option Price. The purchase
price for the Remaining Interest shall be $8,900,000 (the “Option Price”) payable by Buyer by issuance of shares of Common Stock of Buyer at a price per share equal to the fair market value of a share of Common Stock of Buyer as of
the date of the exercise of the Option (the “Option Shares”). For example, if the fair market value of a share of Common Stock as of the exercise date was $.50, Buyer would issue 17,800,000 shares to Seller on the Closing Date. The
Seller shall have the benefit of all rights with respect to the Option Shares as provided to Seller with respect to the shares of Common Stock of Buyer issued to it pursuant to the Contribution Agreement. 

1.03 Exercise Notice. Buyer may exercise its Option pursuant to Section 1.01 by delivering to the Seller, in accordance with
Section 2.01, written notice of such exercise (the “Exercise Notice”). The Exercise Notice shall specify the expected closing date of the exercise of the Option (the “Closing Date”), which may be any date not
more than thirty (30) days subsequent to the date the Buyer delivers the Exercise Notice to the Seller or at a later date if required by any necessary third party consents; provided, however, that this Agreement shall be immediately terminated
if the Closing Date has not occurred within six (6) months after the date of the Exercise Notice so long as such delay is not solely attributable to actions of the Seller. Buyer may withdraw an Exercise Notice at any time prior to the Closing
Date. 

 1.04 Conditions to Closing. 

(a) The obligation of the Buyer to issue the Option Shares is subject to the satisfaction, at or before the Closing Date of the following
condition, provided that this condition is for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion by providing the Seller with prior written notice thereof: 

(i) The Buyer shall have received a certificate, dated as of the Closing Date and signed by a duly authorized officer of
the Seller that the representations and warranties of the Seller set forth in Article 2 of the Contribution Agreement are true and correct in all material respects as of the Closing Date as though made at that time (except for representations and
warranties that speak as of a specific date, which shall be true and correct as of such date); provided, however, that all references in such representations and warranties to the Shares shall be deemed to refer to the Option Shares and all
references to the Contributed Shares shall be deemed to refer to the Remaining Interest. 
 (b) The obligation of the Seller to
transfer the Remaining Interest is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Seller’s sole benefit and may be waived by the Seller at any time in
its sole discretion by providing the Buyer with prior written notice thereof: 
 (i) The Seller shall have
received a certificate, dated as of the Closing Date and signed by a duly authorized officer of the Buyer that the representations and warranties of the Buyer set forth in Article 3 of the Contribution Agreement are true and correct in all material
respects as of the Closing Date as though made at that time (except for representations and warranties that speak as of a specific date, which shall be true and correct as of such date); provided, however, that all references in such representations
and warranties to the Shares shall be deemed to refer to the Option Shares and all references to the Contributed Shares shall be deemed to refer to the Remaining Interest. 

(ii) The Buyer shall have executed an amendment to the Registration Rights Agreement (as defined in the Contribution
Agreement) to include the Option Shares as Registrable Securities (as defined in the Registration Rights Agreement) in form and substance satisfactory to Seller and delivered the same to Seller. 

1.05 Closing. On the Closing Date, the Parties shall do the following: 

(a) the Seller shall deliver to the Buyer such certificates or transfer instruments as reasonably necessary and appropriate to transfer
the Remaining Interest to the Buyer, duly executed on behalf of the Seller and registered in the name of Buyer; and 
 (b) the
Buyer shall deliver (or cause its transfer agent to deliver) to Seller certificates representing the Option Shares, duly executed on behalf of the Buyer and registered in the name of Seller. 

  
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 ARTICLE II 
 MISCELLANEOUS 
 2.01 Notification. All notices under this Agreement
shall be in writing and shall be given and deemed received as set forth in the Contribution Agreement. 
 2.02 Entire
Agreement; Further Assurances. This Agreement and the Contribution Agreement (including the exhibits, schedules and agreements contemplated thereby) contains the entire understanding of the Parties in respect of its subject matter and supersedes
all prior agreements and understandings (oral or written) between or among the Parties with respect to such subject matter, and can be amended, supplemented or changed, and any provision hereof can be waived, only by written instrument making
specific reference to this Agreement signed by all Parties. The Parties agree to execute such further instruments and to take such further actions as may reasonably be necessary to carry out the intent of this Agreement. 

2.03 Amendment; Waiver. This Agreement may not be modified, amended, supplemented, canceled or discharged, except as provided in
this Agreement. No failure to exercise, and no delay in exercising, any right, power or privilege under this Agreement shall operate as a waiver, nor shall any single or partial exercise of any right, power or privilege hereunder preclude the
exercise of any other right, power or privilege. No waiver of any breach of any provision shall be deemed to be a waiver of any preceding or succeeding breach of the same or any other provision, nor shall any waiver be implied from any course of
dealing between the parties. No extension of time for performance of any obligations or other acts hereunder or under any other agreement shall be deemed to be an extension of the time for performance of any other obligations or any other acts. The
rights and remedies of the parties under this Agreement are in addition to all other rights and remedies, at law or equity, that they may have against each other. 
 2.04 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument.
Delivery of an executed counterpart of a signature page to this Agreement by facsimile, .pdf or other electronic means shall be effective as delivery of a manually executed counterpart to the Agreement. 

2.05 Interpretation. When a reference is made in this Agreement to an article, section, paragraph, clause, schedule or exhibit,
such reference shall be deemed to be to this Agreement unless otherwise indicated. The headings contained herein and on the schedules are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement or
the schedules. Time shall be of the essence in this Agreement. The Parties agree that they have jointly participated in the negotiation and drafting hereof. In the event of an ambiguity or if a question of intent or interpretation arises, this
Agreement shall be construed as if drafted jointly by the parties and no presumptions or burdens of proof shall arise favoring any Party by virtue of the authorship of any of the provisions of this Agreement. Whenever the words “include,”
“includes” or “including” are used in this Agreement, they shall be deemed to 

  
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be followed by the words “without limitation.” As used herein, words in the singular will be held to include the plural and vice versa (unless the context otherwise requires), words of
one gender shall be held to include the other gender (or the neuter) as the context requires, and the terms “hereof”, “herein”, and “herewith” and words of similar import will, unless otherwise stated, be construed to
refer to this Agreement as a whole and not to any particular provision of this Agreement. 
 2.06 Severability. If any
provision of this Agreement is invalid, illegal or unenforceable, the balance of this Agreement shall remain in effect. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the Parties shall negotiate in
good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the
greatest extent possible. 
 2.07 Arm’s Length Negotiations. Each Party expressly represents and warrants to all
other Parties hereto that (a) before executing this Agreement, said Party has fully informed itself of the terms, contents, conditions and effects of this Agreement; (b) said Party has relied solely and completely upon its own judgment in
executing this Agreement; (c) said Party has had the opportunity to seek and has obtained the advice of its own legal, tax and business advisors before executing this Agreement; (d) said Party has acted voluntarily and of its own free will
in executing this Agreement; and (e) this Agreement is the result of arm’s length negotiations conducted by and among the Parties and their respective counsel. 
 2.08 Specific Performance. Each Party acknowledges and agrees that the other Parties would be damaged irreparably in the event any provision of this Agreement is not performed in accordance with
its specific terms or otherwise is breached, so that a Party shall be entitled to injunctive relief to prevent breaches of the provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof in addition to
any other remedy to which such Party may be entitled, at law or in equity. No limitation herein shall restrict any Party from seeking and obtaining equitable relief. Except as otherwise provided herein, no remedy herein conferred upon a Party is
intended to be exclusive of any other remedy. No single or partial exercise by a Party of any right, power or remedy hereunder shall preclude any other or further exercise thereof. All remedies under this Agreement or otherwise afforded to any
Party, shall be cumulative and not alternative. 
 2.09 Assignments and Transfers; No Third-Party Beneficiaries. This
Agreement and the rights and obligations of the Parties hereunder shall inure to the benefit of, and be binding upon, their respective permitted successors, assigns and legal representatives, but shall not (except as expressly provided herein)
otherwise be for the benefit of any third party. 
 2.10 Governing Law; Jurisdiction. All disputes arising out of or in
connection with this Agreement, or the validity, enforceability or scope of this arbitration provision, shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce. Within 10 days after the commencement of
arbitration, the Seller on the one hand, and the Buyer on the other hand, shall select one person to act as arbitrator and the two selected shall select a third arbitrator within 5 days of their appointment. If the arbitrators selected by the
Parties are unable 

  
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or fail to agree upon the third arbitrator, the third arbitrator shall be selected by the International Chamber of Commerce (“ICC”). This Agreement shall be governed by the laws of the
State of Florida. The Parties agree that the United States Federal Arbitration Act shall govern the interpretation, enforcement, and proceedings pursuant to the arbitration clause in this Agreement. The place of the arbitration shall be in New York,
New York. The language of the arbitration shall be English. The arbitrators shall award to the prevailing party, if any, as determined by the arbitrators, all of its costs and fees. “Costs and fees” mean all reasonable pre-award expenses
of the arbitration, including the arbitrators’ fees, administrative expenses, travel expenses, out of pocket expenses such as copying and telephone, court costs, witness fees, and attorney’s fees. The taking of evidence in the arbitration
shall be governed by the International Bar Association Rules on the Taking of Evidence in International Commercial Arbitration (the “IBA Rules”). 
 2.11 Expiration of Representations and Warranties; Remedies. None of the representations and warranties in this Agreement or in any certificate or other instrument delivered pursuant to this
Agreement shall survive the Closing Date. The covenants and other agreements that by their terms apply, or that are to be performed in whole or in part, after the Closing Date, shall survive the consummation of the transactions contemplated hereby.
Notwithstanding anything to the contrary in this Agreement, no Party shall, in any event, be liable to any other Person (as defined in the Contribution Agreement) for any consequential, incidental, indirect, punitive or special damages, including
loss of future revenue, income or profits, diminution of value or loss of business reputation or opportunity. 
 (Signature
Pages Follow) 

  
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 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first
above written. 
  

			
	Amper, S.A.
		
	By:	 	 /s/ Jaime Espinosa de los Monteros

	Name: Jaime Espinosa de los Monteros
	Title: Chairman
	
	Elandia International Inc.
		
	By:	 	 /s/ Pete R. Pizarro

	Name: Pete R. Pizarro
	Title: CEO

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