Document:

Form of 3.950% Note Due 2020

 Exhibit 4.3 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (THE “DEPOSITARY”), OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED
IN THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE
OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITARY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 SAFEWAY INC. 

3.950% Note Due 2020 
  

			
	No. SWY2010-1	  	$500,000,000
		
		  	CUSIP No. 786514BS7

 SAFEWAY
INC., a Delaware corporation (the “Company”, which term includes any successor corporation under the Indenture hereinafter referred to), for value received promises to pay to 

 

					
		 	CEDE & CO.	 	, or registered assigns,
			
	the principal sum of	 	FIVE HUNDRED MILLION	 	DOLLARS            

on August 15, 2020, and to pay interest thereon from August 3, 2010, or the most recent interest payment date to which interest has been paid
or provided for, as the case may be, payable on February 15 and August 15 (each, an “Interest Payment Date”), beginning February 15, 2011, at the rate of 3.950% per annum, until the principal hereof is paid or made
available for payment, and (to the extent that the payment of such interest is permitted by law) to pay interest at the rate per annum borne by this Security on any overdue principal and on any overdue installment of interest until paid. If any
Interest Payment Date falls on a date that is not a Business Day, interest will be paid on the next succeeding Business Day. The interest so payable and punctually paid or duly provided for on any Interest Payment Date will, except as otherwise
provided in the Indenture, be paid to the person in whose name this Security (or one or more predecessor Securities) is registered at the close of business on the regular record date for such interest, which shall be the February 1 and
August 1, respectively (whether or not a Business Day), immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such regular record date
and may either be paid to the person in whose name this Security (or one or more predecessor Securities) is registered at the close of business on a special record date for the payment of such defaulted interest to be fixed by

 
the Company, notice whereof shall be given to the Trustee and the Holders not less than 10 days prior to such special record date, or be paid at any time in any other lawful manner. Interest
on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months. 
 Principal of and interest on the
Securities will be payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. The transfer of the Securities will be registrable, the Securities may be
presented for exchange, and notices and demands to or upon the Company in respect of this Security and the Indenture may be served, at the office or agency of the Company maintained for such purpose (which initially will be The Bank of New York
Mellon Trust Company, N.A. at 700 South Flower Street, Suite 500, Los Angeles, CA 90017, Attention: Corporate Trust Administration); provided that, unless all of the outstanding Securities are Global Securities, the Company will at all times
maintain an office or agency for such purposes in Los Angeles, California; and provided, further, that, except as provided in the next sentence, payment of interest may, at the option of the Company, be made by check mailed to the address of the
person entitled thereto. If this Security is a Global Security, the interest payable on this Security will be paid to Cede & Co., the nominee of the Depositary, or its registered assigns as the registered owner of this Security, by wire
transfer of immediately available funds on each of the applicable Interest Payment Dates. 
 Reference is hereby made to the
further provisions of this Security which further provisions shall for all purposes have the same effect as if set forth at this place. 

Unless the certificate of authentication hereon has been executed by the Trustee by manual signature, this Security shall not be entitled
to any benefit under the Indenture or be valid or obligatory for any purpose. 

 IN WITNESS WHEREOF, the Company has caused this Security to be signed manually or by
facsimile by its duly authorized officers. 
 Date: August 3, 2010 

SAFEWAY INC. 
  

					
	BY	 		 	BY
	  
	 		 	  

	Bradley S. Fox	 		 	Robert A. Gordon
	Vice President and Treasurer	 		 	Senior Vice President, Secretary and Counsel

TRUSTEE’S CERTIFICATE 
 OF AUTHENTICATION

 This is one of the 3.950% Notes Due 2020 

described in the 
 within-mentioned Indenture.

 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. 

BY 
  

	
	  

	AUTHORIZED SIGNATORY

 SAFEWAY INC. 

3.950% Note Due 2020 
  

	1.	General. 

 This Security
is one of a duly authorized series of securities of the Company issued and to be issued under an Indenture, dated as of September 10, 1997, as amended, modified or supplemented from time to time (the “Indenture”), between the Company
and The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A., as successor to The Bank of New York, as Trustee (the “Trustee”, which term includes any successor trustee under the
Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the
Securities, and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on the face hereof, originally issued in $500,000,000 aggregate principal amount, subject to
increase in accordance with the Indenture (herein called the “Securities”). All terms used but not defined in this Security shall have the meanings assigned to them in the Indenture. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay principal of and interest on this Security at the times, places and rate, and in the coin or currency, herein prescribed. 

 

	2.	Indenture. 

 The terms of
the Securities include those stated in the Indenture and those made part of the Indenture by the Officers’ Certificate dated August 3, 2010 delivered pursuant thereto and the TIA. The Securities are subject to all such terms, and the
Securityholders are referred to the Indenture and said Act for a statement of them. 
  

	3.	Sinking Fund. 

 The
Securities are not subject to any sinking fund. 
  

	4.	Optional Redemption. 

 The
Securities are redeemable in whole or in part at the option of the Company at any time and from time to time at a redemption price equal to the greater of (i) 100% of the principal amount of the Securities to be redeemed; or (ii) the sum
of the present values of the remaining scheduled payments of principal and interest on the Securities to be redeemed (exclusive of interest accrued to the date of redemption) discounted to the date of redemption on a semiannual basis (assuming a
360-day year consisting of twelve 30-day months) at the then current Treasury Rate plus 20 basis points. In each case the Company will pay accrued and unpaid interest on the principal amount being redeemed to the date of redemption. 

“Comparable Treasury Issue” means, with respect to any redemption date, the United States Treasury security selected by an
Independent Investment Banker as having a maturity comparable to the remaining term of the Securities that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt
securities of comparable maturity to the remaining term of the Securities. 
 “Comparable Treasury Price” means, with
respect to any redemption date, (1) the average of the Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Trustee obtains fewer than
four such Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Independent Investment Banker”
means one of the Reference Treasury Dealers that the Company appoints to act as the Independent Investment Banker from time to time. 

 “Reference Treasury Dealer” means, with respect to any redemption date for the
Securities, J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated and RBS Securities Inc. and their respective successors, and one other firm that is a primary U.S. Government securities dealer (each a “Primary Treasury
Dealer”) which the Company specifies from time to time; provided, however, that if any of them ceases to be a Primary Treasury Dealer, the Company will substitute another Primary Treasury Dealer. 

“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the
average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m.,
New York City time, on the third Business Day preceding such redemption date. 
 “Treasury Rate” means, with respect
to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the
Comparable Treasury Price for such redemption date. The Treasury Rate shall be calculated on the third Business Day preceding the redemption date. 

Notice of any optional redemption of any Securities will be mailed at least 15 but not more than 60 days before the redemption date to
each Holder of the Securities to be redeemed at its registered address. The notice of redemption for the Securities will state, among other things, the amount of Securities to be redeemed, the redemption date, the redemption price and the place or
places that payment will be made upon presentation and surrender of Securities to be redeemed. Unless the Company defaults in the payment of the redemption price, interest will cease to accrue on any Securities that have been called for redemption
at the redemption date. 
  

	5.	Offer to Purchase Upon a Change of Control Triggering Event. 

If a Change of Control Triggering Event occurs, unless the Company has exercised its option to redeem the Securities pursuant to the terms
of the Indenture, each Holder of this Security will have the right to require the Company to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s Securities pursuant to a Change of
Control Offer on the terms set forth in the Indenture. 
  

	6.	Denominations; Transfer; Exchange. 

This Security is issuable only in registered form without coupons in minimum denominations of U.S. $2,000 and integral multiples of $1,000
in excess thereof. 
 As provided in the Indenture and subject to certain limitations therein and herein set forth, the
transfer, or the exchange for an equal principal amount, of this Security is registrable with the Registrar upon surrender of this Security for registration of transfer at the office or agency of the Registrar. 

No service charge shall be made for any such registration of transfer or exchange, but the Company may, subject to certain exceptions,
require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
  

	7.	Persons Deemed Owners. 

Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the
Trustee may treat the Holder in whose name this Security is registered as the owner thereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary. 

	8.	Unclaimed Money. 

 The
Trustee and any Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and interest that remains unclaimed for two years. After that, Securityholders entitled to the money must look to the Company for
payment as general creditors unless an applicable abandoned property law designates another person. 
  

	9.	Defeasance Prior to Maturity. 

The Indenture contains provisions for defeasance of (i) the entire indebtedness of the Securities or (ii) certain covenants and
Events of Default with respect to the Securities, in each case upon compliance with certain conditions set forth therein. 
  

	10.	Amendment; Supplement; Waiver. 

Subject to certain limitations described in the Indenture, the Indenture permits the Company and the Trustee to enter into a supplemental
indenture with the written consent of the Holders of at least a majority in principal amount of the outstanding Securities (including consents obtained in connection with a tender offer or exchange offer for the Securities), for the purpose of
adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of any supplemental indenture or modifying in any manner the rights of the Securityholders. Subject to certain limitations described in the
Indenture, the Holders of at least a majority in principal amount of the outstanding Securities by notice to the Trustee (including consents obtained in connection with a tender offer or exchange offer for the Securities) may waive compliance by the
Company with any provision of the Indenture or the Securities. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon
the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 
  

	11.	Restrictive Covenants. 

The Indenture imposes certain limitations on the Company’s and its Subsidiaries’ ability to create or incur certain Liens on any
of their respective properties or assets and to enter into certain sale and lease-back transactions and on the Company’s ability to engage in mergers or consolidations or the conveyance, transfer or lease of all or substantially all of its
properties and assets. These limitations are subject to a number of important qualifications and exceptions and reference is made to the Indenture for a description thereof. 

 

	12.	Defaults and Remedies. 

If an Event of Default shall occur and be continuing, the principal of the Securities may be declared (or, in certain cases, shall ipso
facto become) due and payable in the manner and with the effect provided in the Indenture. 
  

	13.	Proceedings. 

 As provided
in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding, judicial or otherwise, with respect to the Indenture or for the appointment of a receiver or trustee, or for any
other remedy under the Indenture, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities and unless also the Holders of at least a majority in principal amount of the
Securities at the time outstanding shall have made written request, and offered reasonable indemnity, to the Trustee to institute such proceedings as trustee, and the Trustee shall not have received from the Holders of a majority in principal amount
of Securities at the time outstanding a direction inconsistent with such request, and shall have failed to institute such proceeding, within 60 days. The foregoing shall not apply to any suit instituted by the Holder of this Security for the
enforcement of any payment of the principal hereof or any interest hereon on or after the respective due dates expressed herein. 

	14.	Trustee Dealings with Company. 

The Trustee under the Indenture, in its individual or any other capacity, may deal with the Company or an Affiliate of the Company with
the same rights it would have if it were not Trustee. 
  

	15.	No Recourse Against Others. 

A past, present or future director, officer, employee, shareholder or incorporator, as such, of the Company or any successor corporation
shall not have any liability for any obligations of the Company under this Security or the Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and
releases all such liability. The waiver and release are part of the consideration of issuance of the Securities. 
  

	16.	Governing Law. 

 The
internal laws of the State of New York shall govern the Indenture and the Securities. 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this Security, shall be construed as though they were written
out in full according to applicable laws or regulations: 
  

									
	TEN COM - as tenants in common	  		  	UNIF GIFT MIN ACT -                  
	  	Custodian	  	                
	TEN ENT - as tenants by the entireties	  		  	                           
           (Cust)	  		  	(Minor)
	JT TEN - as joint tenants with right of	  		  	under Uniform Gifts to Minors	  	
	          survivorship and not as tenants	  		  	Act
                                    	  		  	
	          in common	  		  	(State)        	  		  	

 Additional abbreviations may also be used though not in the above list. 

                      
                                       

ASSIGNMENT 
 FOR VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 
 PLEASE INSERT SOCIAL SECURITY OR 

                         
   OTHER 
 IDENTIFYING NUMBER OF ASSIGNEE 

|                         
        | 
  

	
	  
 (Please print or
typewrite name and address including postal zip code of assignee)

  

					
		  	  
	  	

 this Security and all rights thereunder hereby irrevocably constituting and appointing 

                         
                                         
                                         
                                         
    , Attorney, to transfer this Security on the books of the Trustee, with full power of substitution in the premises. 
  

							
	Dated:                            
                                    	 		 	  
	 	

  

							
	  

	Notice: The signature(s) on this Assignment must correspond with the name(s) as written upon the face of this Security in every particular, without alteration or
enlargement or any change whatsoever.

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Security purchased by the Company pursuant to Section 4.9 of the Indenture, check the box below:

  ̈ 

If you want to elect to have only part of the Security purchased by the Company pursuant to Section 4.9 of the Indenture, state the
amount you elect to have purchased:
$                                         
    
  

							
	Date:                     	  		  	Your Signature:	  	  

		  		  		  	(Sign exactly as your name appears on the face of this 
Note)

  

							
		  		  	Tax Identification No:	  	  

SIGNATURE GUARANTEE 
  

	
	
	  

	Participant in a Recognized Signature
	Guarantee Medallion ProgramOffer of Employment Letter

 Exhibit 10.1 

[Extreme Networks Letterhead] 

July 29, 2010 
 Dear Oscar: 

We are pleased to offer you a position with Extreme Networks (the “Company”) as President and Chief Executive Officer
(“CEO”), reporting to the Board of Directors. Should you decide to join us, you will receive a semi-monthly salary of $22,916.67 (which would equal $550,000 on an annualized basis), less applicable taxes and withholdings, in
accordance with the Company’s normal payroll procedures. You will also be elected to our Board of Directors (the “Board”), to serve so long as you continue in your position as CEO. 

You will be eligible to participate in the FY11 Executive Incentive Plan (“EIP”) with an annual target of 100% of your annual
base salary. This annual target amount will be pro-rated by your amount of time as a regular employee in your first fiscal year of participation in the plan (FY11). The pro-rata EIP target bonus will be paid if you and the Company meet established
performance objectives tied to Revenue, Operating Profit performance and attainment of key strategic goals (the “EIP Goals”). Details of the FY11 EIP including the EIP Goals will be finalized by the Compensation Committee of the Board in
consultation with you during the first quarter of FY11. You will be eligible for total payout under the EIP of 150% of your base salary if the Company exceeds the EIP Goals by amounts specified under the EIP. The Company retains the right to change
or amend the EIP at any time. The payment to you under the EIP will be made in restricted stock (the “Restricted Stock”). The number of shares of Restricted Stock issued will have a value equal to 150% of your target EIP
payout as of the opening price on the first trading day of FY11. The restrictions on the Restricted Stock will lapse, if satisfied, on August 15, 2011. 

As a Company employee, you are also eligible to receive certain employee benefits including stock options. Subject to the approval of the Board or the
Compensation Committee, we are pleased to offer you a one-time option to acquire 900,000 (nine hundred thousand) shares of common stock (the “Options”). Generally, grants are reviewed for approval once a quarter, and are
awarded at an exercise price equal to the closing price of the Company’s common stock on the second business day after we publicly announce our financial results for the quarter (which in this case will be following the release of our first
quarter of FY 2011 financial results). One-fourth (1/4) of these shares will vest one year from your first date of employment, provided that you are still employed by the Company at that time. The remaining shares will vest monthly over
the following three years, at a rate of 1/48th of the entire option each month, so long as your employment with the Company continues. Your stock option grant is conditioned on your execution of the Company’s standard form of employee stock
option agreement, and your stock option will be governed by and subject to the terms of that agreement. In addition you will receive a grant of 100,000 shares of restricted stock that will vest in three installments of 33,333 shares on your first
anniversary, 33,333 on your second anniversary and 33,334 on your third anniversary of your first date of employment. All vesting and rights to exercise under any Options offered hereunder will also be subject to your continued employment with the
Company at the time of vesting. Your equity awards are also subject to the terms of our Executive Change in Control Severance Plan. 
 To
compensate you for the loss of a performance based bonus with your current company, you will also receive an award of 50,000 shares of restricted stock which will vest on the anniversary of your first date of employment with the Company. 

All vesting under any Option or Restricted Stock grants offered hereunder will be subject to your continued service with the Company at the time of
vesting. You may exercise any Options no later than the ninetieth day following the cessation of your service to the Company. Your Option grant and any Restricted Stock grant are each further conditioned on your execution of the Company’s
standard form of employee stock option and restricted stock agreement, respectively, and will be governed by and subject to the terms of those agreements. 

 The Company also has a policy of providing a Change in Control Severance Plan for its executive officers in
the event of an acquisition of the Company (the “Severance Plan”). Those provisions will be set forth in your Executive Change in Control Severance Agreement and will be the same as those currently in effect for the other
executive officers of the Company with your benefit including a payment equal to 18 months of salary, and provided that (i) if the Company is acquired by an entity that does not have stock listed on a U.S. equity exchange, all of your unvested
stock options will vest upon the closing of such a transaction, and (ii) “Good Reason” for purposes of your Executive Change in Control Severance Agreement shall include if the Company is a party to a merger or acquisition and
immediately after the closing of such transaction your duties and responsibilities are materially reduced from serving as the CEO of the surviving publicly listed corporation. A copy of the Severance Plan has been enclosed for your information.

 In addition, if your employment is terminated by the Company other than for “Cause” or by you for “Good Reason,” you will
be entitled to receive a payment equal to 12 months of your salary as of your date of termination, a payment equal to the pro rata portion of your target bonus through your date of termination, acceleration of 12 months of vesting of any
non-performance based equity awards, and the continuation of medical benefits for 12 months. Such consideration shall be conditioned in its entirety upon your release of claims against the Company and your resignation from the Board. Your release of
claims document must be executed and become irrevocable within 60 days of your termination, and the payment equal to 12 months of your salary shall be paid within 10 days following the date the release has become irrevocable, and the payment equal
to the pro rata portion of your target bonus through your date of termination shall occur within the fiscal year following the fiscal year in which your termination occurs when other target bonuses are generally paid. The form of release required
shall be the form attached as an exhibit to the Severance Plan. For purposes of this agreement, “Cause” and “Good Reason” shall have the meanings described below. 

“Cause” shall mean the occurrence of any of the following: (1) your theft, dishonesty as to a significant matter,, breach of fiduciary
duty for personal profit, or falsification of any documents or records of the Company which results in injury to the Company, (2) your failure to abide by the code of conduct or other policies (including, without limitation, policies relating
to confidentiality and reasonable workplace conduct) that results in injury to the Company; (3) your misconduct within the scope of Section 304 of the Sarbanes-Oxley Act of 2002 as a result of which the Company is required under accounting
rules or to conform to SEC rules or regulations to prepare an accounting restatement; (4) your misappropriation, destruction or diversion of any tangible or intangible asset or corporate opportunity of the Company (including, without
limitation, your improper use or disclosure of the confidential or proprietary information of the Company) that results in injury to the Company; (5) your intentional misconduct which has a significant detrimental effect on the Company or the
business reputation of the Company; (6) your failure to perform any reasonable assigned duties; (7) your material breach of any employment, non-disclosure, non-competition, non-solicitation or other similar agreement between you and the
Company that results in injury to the Company; or (8) your conviction (including any plea of guilty or nolo contendere) of any criminal act involving fraud, dishonesty, misappropriation or moral turpitude, or which impairs your ability
to perform your duties to the Company; provided, however, that for any such act or omission set forth in clauses (1) through (7) the Company must first give you written notice specifically describing the act or omission constituting
“Cause” and thirty (30) days to cure such act or omission. 
 “Good Reason” shall exist if: (i) the Company,
without your written consent, (1) materially reduces your then current authority, duties, or responsibilities, (2) commits a material breach of any provision of this agreement, (3) materially reduces your then current base salary,
(4) requires you to report to any person other than the Board of Directors where the authority, duties, or responsibilities of such person are materially less than those of the Board, (5) materially reduces the benefits to which you are
entitled as of the date of this agreement, unless a similar reduction is made for all other executives of the Company, or (6) requires you to perform services at a geographic location that is materially changed from the location at which you
perform services when you begin employment, (ii) Executive provides written notice to the Company of such action within ninety (90) days of first learning of such action and provides the Company with thirty (30) days to remedy such
action (the “Cure Period”), (iii) the Company fails to remedy such action within the Cure Period, and (iv) you resign within thirty (30) days of the expiration of the Cure Period. 

 Notwithstanding anything in this agreement to the contrary, the severance payments discussed in this
agreement (to the extent that they constitute “deferred compensation” under Section 409A of the Internal Revenue Code (the “Code”) and applicable regulations), and any other amount or benefit that would constitute non-exempt
“deferred compensation” for purposes of Section 409A of the Code and that would otherwise be payable hereunder by reason of your termination of employment, will not be payable to you by reason of such circumstance unless the
circumstances giving rise to such termination of employment meet any description or definition of “separation from service” in Section 409A of the Code and applicable regulations (without giving effect to any elective provisions that
may be available under such definition). This provision does not prohibit the vesting or the determination of the amounts owed to you due to such termination, and if this provision prevents the payment of any amount or benefit to you, such payment
shall be made on the date, if any, on which an event occurs that constitutes a Section 409A “separation from service,” or such later date as may be required by the next paragraph. 

Notwithstanding anything in this letter agreement to the contrary, if any amount or benefit that would constitute non-exempt “deferred
compensation” for purposes of Section 409A of the Code would otherwise be payable or distributable under this letter agreement by reason of your separation from service during a period in which you are a “specified employee” of
the Company, then (1) if the payment is a lump sum, your right to receive the payment will be delayed until the earlier of your death or the first day of the seventh month following your Section 409A “separation from service,”
and (2) if the payment is payable over time, your right to receive any amounts otherwise payable within the six-month period immediately following your Section 409A “separation from service” will be delayed and paid in a single
lump sum on the earlier of your death or the first day of the seventh month following your Section 409A “separation from service.” 

All reimbursements and in-kind benefits provided under this agreement that are includible in your federal gross taxable income shall be made or provided
in accordance with requirements of Section 409A of the Code, including the requirement that (1) any reimbursement is for expenses incurred during the term of this letter agreement, (2) the amount of expenses eligible for reimbursement
or in-kind benefit provided during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year, (3) the reimbursement of an eligible expense will be made on or before
the last day of the calendar year following the year in which the expense was incurred, and (4) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. 

Any right you have to a series of installment payments under this agreement shall, for purposes of Section 409A of the Code, be treated as a right
to a series of separate payments. This letter agreement shall be interpreted and administered in a manner so that any amount or benefit payable hereunder shall be paid or provided in a manner that is either exempt from or compliant with the
requirements of Section 409A of the Code and applicable regulations thereunder. 
 As a condition to your offer, you will relocate your
residence to California. You will receive a one time, lump-sum cash payment of $50,000 to move your household from Florida. The amount will be grossed up for tax purposes based on your estimated tax bracket. Should you voluntarily terminate your
employment with the Company, or if you are terminated from the Company for Cause, prior to your first year anniversary, you will be required to repay this relocation bonus on a prorated basis. 

In addition to the foregoing benefits, you will be eligible to participate in various other Company benefit plans, including its group health, short-term
disability, long-term disability, and life insurance plans, as well as its 401(k) and employee stock purchase plans. Your participation in the Company’s benefit plans will be subject to the terms and conditions of the specific benefit plans. As
President and CEO of the Company, you are not eligible to participate in the Company’s Flexible Time Off (“FTO”) program, and you will not accrue any FTO hours. You will, however, be eligible to take paid time off from
time-to-time as reasonably necessary for vacation, sick time, or other personal purposes, subject to the needs of your position and the approval of the Board. 

 The Company will provide a Company paid Term Life Policy for 5x your annual base pay provided you complete
the necessary underwriting documentation and exam requirements and qualify under the provisions set forth by the insurance company. Additionally, the Company will provide a gap plan to the Short-Term and Long-Term Disability policies to provide your
position with the maximum standard benefit the company currently provides. This plan will also require you to complete the necessary underwriting documentation and qualify under the provisions set forth by the insurance company. 

If you choose to accept this offer, your employment with the Company will be voluntarily entered into and will be for no specified period. As a result,
you will be free to resign at any time, for any reason or for no reason, as you deem appropriate. The Company will have a similar right and may conclude its employment relationship with you at any time, with or without cause. 

You may continue to serve as a member of any other board of directors that you are now on provided it does not interfere with your full-time employment
or present a conflict of interest. You agree to terminate any other consulting or similar engagement you may now have. Unless otherwise determined by the Board, you agree that you will submit your immediate resignation as a member of the Board upon
the date your employment with the Company terminates. 
 In the event of any dispute or claim relating to or arising out of this agreement, our
employment relationship, or the termination of our employment relationship (including, but not limited to, any claims of wrongful termination or age, gender, disability, race or other discrimination or harassment), you and the Company agree that all
such disputes shall be fully, finally and exclusively resolved by binding arbitration conducted by the American Arbitration Association (“AAA”) in Santa Clara County, California, and we waive our rights to have such disputes
tried by a court or jury. The arbitration will be conducted by a single arbitrator appointed by the AAA pursuant to the AAA’s then-current rules for the resolution of employment disputes, which can be reviewed at www.adr.org. The Company
shall pay all fees and costs of such arbitration, that would not be incurred in litigation, including, but not limited to, all AAA filing fees, AAA administrative fees, and all arbitrator fees; provided, however, that each party shall bear his or
its own attorney’s fees, expert witness fees or similar fees the parties would bear in litigation. 
 This offer is contingent upon the
completion of a customary background check with the results being satisfactory to the Company, your signing the enclosed Employee Inventions and Proprietary Rights Assignment Agreement, and upon your ability to provide to the Company documentary
evidence of your identity and eligibility for employment in the United States. Please bring this documentation, such as a passport or driver’s license and an original social security card, to your Employee Orientation. Such documentation must
be provided to us within three (3) business days of your date of hire, or our employment relationship with you may be terminated. 
 To
indicate your acceptance of the Company’s offer, please sign and date this letter in the space provided below and return to Michelle Wagner, Director of Human Resources at Extreme Networks at 3585 Monroe Street, Santa Clara, CA 95051. A
duplicate original is in enclosed for your records. This offer of employment, if not accepted, will expire in 5 business days. Based on our discussions, it is anticipated that you will begin employment no later than August 23, 2010.

 All new employees receive a benefits package from the HR Department. If you have any benefit related questions, please contact Michelle
Wagner. 
 This agreement, along with any agreements referenced above, constitute the entire agreement between you and the Company concerning
the terms and conditions of your employment with the Company; provided, however, that in the event of any conflict between this agreement and any of the other agreements referenced above, this agreement shall control. This agreement cannot be
modified or amended except by a subsequent written agreement signed by you and the Company, provided that, the Company may, in its sole discretion, elect to modify your title, compensation, duties or benefits without any further agreement from you,
subject in each case to the terms of this agreement and the compensation that may be due hereunder or under any other agreement you have with the Company as a result of such actions. 

 Oscar, we look forward to welcoming you to Extreme Networks and we believe you will make an important
contribution to the company, in what should be a rich and rewarding experience. If you have any questions, please feel free to contact Charlie Carinalli or Michelle Wagner. 

Sincerely, 
  

	
	 /s/ Charles P. Carinalli

	 EXTREME NETWORKS INC.

Charles P. Carinalli
 Lead Director,

Board of Directors

 I agree to
and accept employment with Extreme Networks, Inc. on the terms set forth in this agreement. 
  

					
	 /s/ Oscar Rodriguez
	 		 	 July 29, 2010

	Oscar Rodriguez	 		 	Date

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