Document:

exhibit 10.2 termination Agreement

TERMINATION AGREEMENT

            This Termination
Agreement (this "Agreement") dated for reference purposes only as of October 3,
2002, is made by and between SKS/FBOP ASSOCIATES, LLC, a California limited liability
company ("Landlord") POINT WEST CAPITAL CORPORATION, a Delaware corporation
("Tenant"), and. MYCFO, Inc., a Delaware corporation ("Subtenant").

R E C I T A L S:

            A. Landlord and
Tenant previously entered into that certain Office Lease dated as of May 26, 1999 (the
"Lease") for certain premises (the "Premises") consisting of
approximately 6,150 square feet commonly known as Suite 250 on the second (2nd) floor of
the building ("Building") located at 1700 Montgomery Street, San Francisco,
California, as more particularly described in the Lease.

            B. Tenant subleases
a portion of the Premises to Subtenant in accordance with that certain sublease dated
March 23, 2001 (the "Sublease"). Landlord granted its consent to the Sublease
pursuant to that certain Sublease Consent and Agreement dated as of May 2001 by and
between Landlord, Tenant and Subtenant (the "Sublease Consent").

            C. The term of the
Lease commenced on June 1, 1999 and is scheduled to expire on May 31, 2004.

            D. Tenant desires to
terminate the Lease and any other rights or interests Tenant may have in the Premises
prior to the scheduled expiration date of the Lease, and Landlord and Tenant are willing
to agree to such early termination upon the terms and conditions set forth below.

            E. Tenant desires to
terminate the Sublease and any other rights or interests Subtenant may have in the
Sublease Premises pursuant to the Sublease prior to the scheduled expiration date of the
Sublease, and Tenant and Subtenant are willing to agree to such early termination upon the
terms and conditions set forth below.

            NOW, THEREFORE, in
consideration of the respective promises and covenants of the parties hereinafter set
forth and for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties agree as follows:

            1. Definitions.
All capitalized terms not otherwise defined herein shall have the same meaning as in the
Lease.

            2. Lease
Termination. Landlord and Tenant hereby agree that the Lease shall terminate as of
October 15, 2002 (the "Termination Date"). From and after the Termination Date,
Tenant and Landlord shall have no further rights, obligations or claims with respect to
each other arising under the Lease, except that the parties shall remain liable for all
obligations (a) accruing prior to the Termination Date, (b) which by their terms
expressly survive the termination of the Lease, and (c) which arise under this
Agreement. Tenant hereby agrees that, effective as of the date of this Agreement, any and
all options granted to Tenant under the Lease to extend the term of the Lease and any
rights of first refusal or first offer granted to Tenant under the Lease shall be of no
further force or effect. Landlord and Tenant represent that, as of the date hereof,
neither has any knowledge of any default under the Lease by the other nor any event or
circumstance which, with the passage of time, would result in a default under the Lease.

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            3.
            Sublease Termination.
Tenant and Subtenant hereby agree that the Sublease shall terminate as of the Termination
Date. From and after the Termination Date, Tenant and Subtenant shall have no further
rights, obligations or claims with respect to each other arising under the Sublease after
the Termination Date. Subtenant and Tenant represent that, as of the date hereof, neither
has any knowledge of any default under the Sublease by the other nor any event or
circumstance which, with the passage of time, would result in a default under the
Sublease.

            4.
            Surrender. On or
before the Termination Date, Tenant shall remove all of its personal property, including,
without limitation, furniture, equipment and product inventory, and shall vacate and
surrender the Premises to Landlord in a clean and orderly condition, to Landlord's
satisfaction, and otherwise in the condition required under Paragraph 9 of the Lease.
Tenant shall reimburse Landlord for the cost of removing any personal property or debris
left in the Premises by Tenant within ten (10) days after receipt of an invoice therefor.
In addition, on the Termination Date, Subtenant shall ensure that the sublease premises
subleased pursuant to the Sublease is in the condition required under the Sublease.

            5.
            Termination Fee.
In consideration for the termination of the Lease and/or to compensate Landlord for the
losses and damages it will suffer as a result of such termination, Tenant shall pay to
Landlord, as additional rent, the sum of Eighty-Seven Thousand Nine Hundred Eighty-Seven
and 50/100 Dollars ($87,987.50) (the "Termination Fee"). The Termination Fee
shall be paid by Tenant as follows: (a) concurrently with Tenant's execution and delivery
of this Agreement to Landlord, Tenant shall deliver to Landlord Sixty-Eight Thousand
Dollars ($68,000.00) by certified or cashier's check, and (b) upon the Termination Date,
Landlord shall be entitled to retain Tenant's Security Deposit in the amount of Nineteen
Thousand Nine Hundred Eighty-Seven and 50/100 Dollars ($19,987.50); provided, however, if
Tenant fails to surrender the Premises on or before the Termination Date in the condition
required hereunder or fails to keep and perform any of the other required terms, covenants
and conditions of the Lease, Landlord shall have the right to apply the entire Security
Deposit or so much thereof as may be necessary to compensate Landlord for the costs of
restoring the Premises to the condition required hereunder, or any other loss or damage
sustained or suffered by Landlord due to such breach on the part of Tenant, and Tenant
shall no longer be entitled to a credit against the Termination Fee for the portion so
applied. If, therefore, Landlord applies all or a portion of the Security Deposit as set
forth above, Tenant shall deliver to Landlord a certified or cashier's check in the amount
so applied within five (5) days after notice thereof. 

            6.
            Sublease Security
Deposit. Tenant has not transferred to Landlord all or any portion of the security
deposit held by Tenant in connection with the Sublease, and Landlord has no liability with
respect to such security deposit. 

            7.
            Representations,
Warranties, and Covenants of Tenant. Tenant represents, warrants, and covenants to
Landlord that:

                           
(a) Tenant shall fully and faithfully perform through the Termination Date all obligations
required to be performed by Tenant under the Lease.

                           
(b) On or prior to the Termination Date, Tenant shall terminate, effective as of the
Termination Date, all contracts and agreements to which Tenant is a party and which
concern the Premises.

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(c) Tenant shall vacate and surrender the Premises in accordance with the provisions of
the Lease and this Agreement on or before the Termination Date.

                           
(d) Tenant has not previously assigned, sublet, transferred or conveyed any portion of its
interest in the Lease, except pursuant to the Sublease, or assigned or transferred any
claim, demand, obligation, liability, action or cause of action arising out of or under
the Lease, and Tenant further covenants not to do so prior to the Termination Date. 

                           
(e) All rights of Tenant to possess or occupy the Premises are and shall be terminated as
of the Termination Date, and Tenant covenants to surrender the Premises to Landlord free
of any rights of occupancy created or granted by Tenant. 

                           
(f) Nothing has been or will be done or suffered whereby any alterations, decorations,
installations, additions or improvements in and to the Premises or any part thereof, have
been or will be encumbered in any way whatsoever, and that Tenant owns and will have good
right to surrender the same.

                       
(g) Tenant did not use, manufacture, store, or dispose of any hazardous or controlled
substances or wastes which are regulated by any state, local or federal laws or ordinances
on the Premises and to the best of Tenant’s knowledge, no such hazardous or
controlled substances or wastes have been spilled or otherwise disposed of on the Premises
during the term of the Lease.

                       
(h) Tenant has not made a general assignment for the benefit of creditors, filed any
voluntary petition in bankruptcy, suffered the filing of any involuntary petition in
bankruptcy, suffered the appointment of a receiver, or admitted in writing its inability
to pay its debts as they become due.

            8.
        Holdover. If Tenant fails to vacate and
surrender the Premises in the condition required herein on the Termination Date in
accordance with the provisions of this Agreement, Tenant shall be deemed a holdover tenant
pursuant to Paragraph 21 of the Lease. Tenant shall protect, indemnify, defend and hold
Landlord harmless from and against all claims, loss, damages, causes of action, liability,
costs or expenses (including, without limitation, reasonable attorneys' fees) arising from
or in connection with or caused by Tenant's failure to surrender the Premises in the
condition required herein on to the Termination Date, including, without limitation, any
claims by succeeding tenants.

            9.
        Contingency Regarding Payments. In the
event any covenant, assignment, payment of money, transfer of property rights or granting
of any release or other benefit by Tenant is held to be fraudulent, preferential or
otherwise voidable or recoverable in whole or in part for any reason whatsoever under the
United States Bankruptcy Code or any other federal or state law (a "Voidable
Transfer") and Landlord is required to repay or restore any such Voidable Transfer or
the amount or value thereof, then all liability of Tenant under the Lease and any other
agreement between Tenant and Landlord for all losses, damages, costs and expenses of
Landlord shall automatically be revived, reinstated and restored and shall exist as if
this Agreement had not been entered into, except that the termination of Tenant's
right to possession of the Premises shall remain in full force and effect as of the
Termination Date. This Section 9 shall expressly survive termination of the Lease.

            10. Miscellaneous.

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            (a) Authority.
Each party represents that it has full power and authority to enter into this Agreement;
the execution, delivery and performance of this Agreement by such party have been duly and
validly authorized by all necessary action on the part of such party and all required
consents and approvals have been duly obtained; and the person or persons executing this
Agreement on behalf of the applicable party are authorized to do so.

            (b) Time of the
Essence. Time is of the essence of each and every obligation arising under this
Agreement.

            (c) Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns.

            (d) Survival.
The covenants, representations and warranties, releases, and indemnification obligations
of Tenant under this Agreement, and any obligations of Tenant under the Lease which by
their terms expressly survive termination, shall survive the termination of the Lease. 

            (e) Governing
Laws. This Agreement shall be construed under and shall be governed by the laws of the
State of California.

            (f)
        Construction and Enforceability. This
Agreement is the product of negotiations between the parties and shall not be construed
strictly for or against either party. If any provision of this Agreement shall be held to
be invalid or unenforceable, it shall be adjusted rather than voided, if possible, in
order to give effect to the intent of the parties, and all other provisions of this
Agreement shall continue in full force and effect to the extent permitted by law.

            (g) Attorneys'
Fees. If either party to this Agreement shall bring any action for any relief against
the other, declaratory or otherwise, arising out of this Agreement, the losing party shall
pay to the prevailing party a reasonable sum for attorneys' fees and costs incurred in
connection with such suit, including appeals. Any judgment or order entered in such action
shall contain a specific provision providing for the recovery of attorneys' fees and costs
incurred in enforcing such judgment.

            (h) Interest.
Any portion of the Termination Fee not paid when due shall bear interest at the Interest
Rate specified in Paragraph 3(c) of the Lease.

            (i)
        Further Assurances. Landlord and Tenant
agree without further consideration to execute and deliver such other documents and to
take such other action as may be necessary to consummate the purposes of this Agreement.

            (j)
        Notices. All notices, demands or other
communications given pursuant to this Agreement shall be in writing and shall be deemed
given if given in the manner specified in Paragraph 25(k) of the Lease; provided, however,
Tenant's address for notices after the Termination Date shall be:
_________________________________________________.

            (k) Entire
Agreement. This Agreement sets forth the entire understanding of the parties in
connection with the subject matter hereof. Neither of the parties hereto has made any
statement, representation or warranty in connection herewith except those expressly set
forth herein, which has been relied upon by the parties hereto or which has acted as
inducement for the parties to enter into this Agreement.

[Signatures follow on next page.]

 

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

 

 

	TENANT:
	POINT WEST CAPITAL CORPORATION,
	a Delaware corporation
	
	By:    John Ward Rotter
	/s/     John Ward Rotter
	

    
	Title:   CEO
	

  
    
      
        
          
            
              
                 

              

            

          

        

      

    

  

 

	LANLORD:
	SKS/FBOP ASSOCIATES, LLC,
	a Delaware limited liability company
	
	By Cisco SKS LLC, a Delaware limited liability

            company,  Its Member
	
	By SKS Investments, LLC, a Delaware limited liability company,
    its          Managing Member
	
	By:    Paul Stein
	/s/     Paul Stein
	

    
	Title:   Member
	

 

	SUBTENANT:
	MYCFO, Inc., a Delaware
	a Delaware corporation
	
	By:    Steve  Debenham
	/s/     Steve   Debenham
	

    
	Title:   SVP
	
	By:      James Carbo
	

    
	            James
    Carbo
	           
    Managing Director

  
    
      
        
          
            
              
                
                  
                     

                  

                

              

            

          

        

      

    

  

  

5Amended Employment Agreement

  
 Exhibit 10.7 
  
 SOMERA COMMUNICATIONS, INC. 
  
 JEFF MILLER
EMPLOYMENT AGREEMENT 
  
 This Agreement is made by and between Somera Communications, Inc. (the
“Company”) and Jeff Miller (“Executive”) as of July 1, 2002. 
  
 RECITALS: 
  
 1.  The Executive and the Company (previously known as Somera Communications, LLC) have previously entered into that certain
employment agreement dated May 6th, 1999 (the “Prior Agreement”); 
  
 2.  The Executive and the Company have agreed to certain new and/or modified terms and conditions with respect to the
Executive’s continued employment with the Company and wish to enter into this Agreement (i) to reflect such new and/or modified mutually agreed to terms and conditions and (ii) which as of the Commencement Date, as defined in Paragraph 1 below,
shall supersede the Prior Agreement in its entirety. 
  
 IT IS AGREED: 
  
 1.  Duties and Scope of Employment. 
  
 (a)  Positions; Commencement Date; Duties.    Executive’s employment with the Company pursuant to this Agreement shall commence on July 1, 2002 (the
“Commencement Date”). As of the Commencement Date, the Company shall employ the Executive as the Executive Vice President, Strategic Alliances. The primary responsibility of such position shall be the development, and implementation of a
strategy and business plan intended to enhance the Company’s revenues, profits and gross margin realized by the Company from original equipment manufacturers of telecommunications equipment, as identified by the Executive and the President and
Chief Executive Officer (the “CEO) from time to time during the Employment Period. The period of Executive’s employment hereunder is referred to herein as the “Employment Term.” During the Employment Term, Executive shall report
to the CEO. It is expressly understood that nothing herein shall preclude the CEO from making organizational, title and reporting changes as the CEO may, in good faith, deem desirable and in the best interests of the Company. The Executive’s
position shall be based in the Company’s Chicago, Illinois location, which, as of the Commencement Date, is intended to be operational within the first sixty (60) days of the Company’s fourth fiscal quarter of 2002. 

 
 (b)  Obligations.    During the Employment Term, Executive shall devote
his full business efforts and time to the Company. Executive agrees, during the Employment Term, (i) not to actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration, or (ii) not to engage as
a non-executive member of a board of directors of any company, without the prior approval of the CEO; provided, however, that Executive may serve in any capacity with any civic, educational or charitable organization without the approval of the CEO.

 

  
 2.  Employee Benefits. 
  
 (a)  General.    During the Employment Term, Executive shall be eligible to
participate in the employee benefit plans and insurance maintained by the Company that are applicable to other senior management to the full extent provided for under those plans. As necessary, and as requested by the Executive, and in consideration
of the fact this Agreement is one of continued employment from time to time the Company shall provide Executive with information regarding such plans and insurance. The Company reserves the right to cancel or change its benefits plans and programs
it offers to its employees at any time. 
  
 (b)  Relocation Expense
Reimbursement.    The Company will reimburse Executive for the following reasonable costs related to the Executive’s relocation to the Chicago, Illinois metropolitan area.: 
  
 (i)  Two “house-hunting” trips to Chicago, Illinois, including airfare, hotel accommodations and
related costs for the Executive and his immediate family members per trip. 
  
 (ii)  Transportation expenses for up to four trips for the Executive from Chicago to Santa Barbara California after Executive commences in the Chicago office but prior to the final relocation of the Executive to Chicago.

  
 (iii)  Any Transaction costs associated with buying Executive’s new residence
(closing costs, inspections, title insurance, brokerage and related fees, etc.). 
  
 (iv)  Any Transaction costs associated with selling Executive’s old residence (closing costs, inspections, title insurance, brokerage and related fees, etc.). 
  
 (v)  Moving household furnishings, personal effects and two automobiles (including packing and unpacking of household furnishings and personal
effects). 
  
 (vi)  Up to six (6) months temporary storage of household furnishings and
personal effects if necessary. 
  
 (vii)  Transportation (including mileage and/or
airfare), hotel accommodations and related costs for the Executive and his immediate family members for their final move to the Chicago, Illinois metropolitan area. 
  
 Executive will be fully grossed-up by the Company for any imputed income required to be recognized with respect to this reimbursement so that the economic
effect to Executive, after taking into account any tax deductions available to Executive, is the same as if this reimbursement was provided to Executive on a non-taxable basis. The Company and the Executive shall reasonably cooperate to determine
the appropriate tax rate to be used for the calculation of such gross-up. 
  
 (c)  Temporary Living Expenses; Travel.    The Company will pay for Executive’s temporary living costs until the earlier of (i) such time as the Executive permanently relocates to the Chicago
metropolitan area, or (ii) six (6) months from the Commencement Date. Such costs will include out of pocket living expenses such as rent, automotive rental and up to four round trip airfares during such period for the Executive to return to Santa
Barbara, California. The Executive agrees to make all possible efforts to consolidate business travel with trips to Santa Barbara. Executive will be fully grossed-up by the Company for any income imputed with respect to the payments made by the
Company to Executive, so that the economic effect to Executive, after taking
 

 
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into account any tax deductions available to Executive, is the same as if these payments were provided to Executive on a non-taxable basis. The Company and the Executive shall reasonably
cooperate to determine the appropriate tax rate to be used for the calculation of such gross-up. 
  
 (d)  Relocation Allowance.    In connection with the transfer of Executive’s principal place of employment to Chicago, the Company shall provide Executive with a lump sum payment of $55,000
within thirty (30) days of the date Executive commences his relocation efforts to Chicago. The Company and the Executive acknowledge that the relocation loan, as provided for in the Prior Agreement will be repaid and that repayment of certain
amounts under such loan have been, or will be forgiven by the Company. As soon as practicable after January 1, 2003, the Company shall pay to the Executive an amount which shall fully reimburse the Executive for any imputed income required to be
recognized with respect to such forgiveness and such payment so that the economic effect to the Executive, after taking into account tax deductions available to the Executive, is the same as if this payment and such forgiveness was provided to the
Executive on a non-taxable basis . The Company and the Executive shall reasonably cooperate to determine the appropriate tax rate to be used for the calculation of such gross-up. 
  
 3.  At-Will Employment.    Executive and the Company understand and acknowledge that Executive’s employment with the Company
constitutes “at-will” employment. Subject to the Company providing severance benefits as specified herein, Executive and the Company acknowledge that this employment relationship may be terminated at any time, upon ten (10) days written
notice to the other party, with or without good cause or for any or no cause, at the option either of the Company or Executive. 
  
 4.  Compensation. 
  
 (a)  Base
Salary.    As of the Commencement Date, the Company shall pay the Executive as compensation for his services a base salary at the annualized rate of $250,000 (the “Base Salary”). Such salary shall be paid
periodically in accordance with normal Company payroll practices and subject to the usual required withholding. The Base Salary will be reviewed for adjustment by the CEO in January of 2003 and at reasonable intervals in accordance with the
Company’s review process, but no less frequently than annually thereafter during the Employment Term. 
  
 (b)  Bonuses.    During the Employment Term, the Executive shall be entitled to participate in the Company’s Executive Incentive Plan with payments to be made in a manner and at such times as
provided for in the Executive Incentive Plan. For the Company’s 2002 fiscal year, Executive’s target bonus (the “Target Bonus”) shall be determined in accordance with the amounts and weighting of performance criteria as attached
as Exhibit A hereto and incorporated herein. For the Company’s 2003 fiscal year, the potential payout levels for which the Executive will be eligible shall be increased by 10% over the fiscal 2002 levels if such increase is consistent with the
Incentive Plan for 2003 and has the approval of the Company’s Board of Directors. For each fiscal year during the Employment Term, the Target Bonus shall be based upon performance criteria specified by the CEO within ninety days from the
commencement of such fiscal year and shall provide for a greater payment based on achievement in excess of the target milestones. The Target Bonus, if any, shall be paid to the Executive at the same time bonuses are paid to other senior managers of
the Company. 

 
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 (c)  Stock Options.    The
Company and the Executive acknowledge that the Executive has been granted certain options to purchase shares of the common stock of the Company the (“Stock Options”). Except as expressly provided for in this Agreement, the Stock Options
shall be administered in accordance with and governed by the terms of the stock option plan of the Company and any stock option agreement previously entered into by the Executive and the Company. 
  

(d)  Severance. 
  
 (i)  Termination by the Company Without Cause.    In the event that Executive’s employment with the Company is terminated by the Company without
“Cause” (as defined below), then (i) the vesting of the Stock Options shall be accelerated as follows: (A) if such termination occurs on or prior to the date six (6) months from the Commencement Date, twenty-five percent (25%) of the
shares subject to the Stock Option, or (B) if such termination occurs following the date six (6) months from the Commencement Date that number of shares subject to the Stock Option that would have become vested had Executive remained employed by the
Company for an additional six (6) months; (ii) Executive shall receive a lump-sum payment equal to one year of his Base Salary and Target Bonus, less applicable withholding, promptly following such termination of employment; and (iii) Executive and
his covered dependents shall receive coverage under the Company’s health and other welfare benefit plans for a period of twelve (12) months, or, if and to the extent ineligible under the terms of such plans, Executive shall receive an amount
equal to the Company’s costs of providing such benefits. 
  
 For the purposes of this Agreement,
“Cause” is defined as: (i) an act of dishonesty made by Executive in connection with his responsibilities as an employee of the Company, (ii) Executive’s conviction of, or plea of nolo contendere to, a felony, (iii)
Executive’s gross misconduct, or (iv) Executive’s material breach or failure to perform his employment duties as established by the CEO periodically and failure to cure such material breach or failure within thirty (30) days after receipt
of written notice of such material breach or failure from the Company. 
  
 (ii)  Termination by the Executive During July 2003.    If at any time during the month of July 2003, the Executive elects to terminate his employment with the Company for any reason, the
Executive shall provide the Company with written notice of such election and the Executive’s employment shall terminate on the date set forth in such notice, but in no event later than July 31, 2003 (unless mutually agreed otherwise by the
Executive and the Company). As the Executive’s sole compensation for, and the Company’s sole liability with respect to, such termination, the Executive shall be entitled to the benefits set forth in Paragraph (4) (d) (i) above.

  
 (iii)  Constructive Termination.    In the event of a
Constructive Termination (as defined below) as the Executive’s sole compensation for, and the Company’s sole liability with respect to, such termination, the Executive shall be entitled to be benefits set forth in Paragraph (4) (d) (i)
above. 
  
 For the purposes of this Agreement, “Constructive Termination” is defined as (i)
a material reduction in Executive’s Base Salary or bonus level, or (ii) a significant change in Executive’s job responsibilities such that the Executive is no longer functioning in a Vice President level position as defined by the Company.

 
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 Change of Control Vesting
Acceleration.    In the event of a Change of Control, an additional number of shares of the common stock of the Company equal to 25% of Executive’s entire outstanding, unexercised Stock Option as of the Commencement
Date, together with any additional option grants Executive may receive from the Company while employed hereunder, shall become vested and immediately exercisable and any remaining unvested shares subject to the Stock Option, or any additional option
grants, shall be subject to vesting as otherwise provided herein or in the applicable option agreements. 
  
 For the purposes of this Agreement, “Change of Control” is defined as: 
  
 (1)  Any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly
or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; 
  
 (2)  the consummation of a merger or consolidation of the Company with any other entity, other than a merger or consolidation which would result
in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty percent (50%) of the total
voting power represented by the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; or 
  
 (3)  the consummation of the sale or disposition by the Company of all or substantially all the Company’s assets. 
  
 5.  Total Disability of Executive.    Upon Executive’s becoming permanently and totally disabled
(as defined in accordance with Internal Revenue Code Section 22(e)(3) or its successor provision) during the term of this Agreement (and remaining so disabled for six (6) months), employment hereunder shall automatically terminate, all payments of
compensation by the Company to Executive hereunder shall immediately terminate (except as to amounts already earned) and all vesting of the Executive’s unit options shall immediately cease. 
  

6.  Death of Executive.    If Executive dies while employed by the Company pursuant to this Agreement, all payments of
compensation by the Company to Executive hereunder shall immediately terminate (except as to amounts already earned, which shall be paid to Executive’s estate) and all vesting of the Executive’s unit options shall immediately cease.

  
 7.  Assignment.    This Agreement shall be binding upon and inure to the
benefit of (a) the heirs, executors and legal representatives of Executive upon Executive’s death and (b) any successor of the Company. Any such successor of the Company shall be deemed substituted for the Company under the terms of this
Agreement for all purposes. As used herein, “successor” shall include any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires all or substantially
all of the assets or business of the Company. None of the rights of Executive to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of
descent and distribution upon the death of Executive following termination without cause. Any attempted assignment, transfer, conveyance or other disposition (other than as aforesaid)
 

 
 5 

 
of any interest in the rights of Executive to receive any form of compensation hereunder shall be null and void. 
  
 8.  Notices.    All notices, requests, demands and other communications called for hereunder shall be in writing and shall be deemed
given if (i) delivered personally, (ii) one (1) day after being sent by Federal Express or a similar commercial overnight service, or (iii) three (3) days after being mailed by registered or certified mail, return receipt requested, prepaid and
addressed to the parties or their successors in interest at the following addresses, or at such other addresses as the parties may designate by written notice in the manner aforesaid: 
  
 
	 If to the Company:
 	 	 Somera Communications, INC.
 5383 Hollister Avenue, Suite 100
 Santa Barbara, CA 93111
 Attn: Chief Executive Officer
 
	 
	 If to Executive:
 	 	 Jeff Miller
 612 Revere Rd.
 Glen Ellyn, IL 60137
 

 
  
 9.  Severability.    In the
event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision. 
  
 10.  Proprietary Information Agreement.    Executive acknowledges his execution of the Company’s
Proprietary Information Agreement (the “Proprietary Information Agreement”), and reconfirms all of the rights and obligations of the parties thereunder. 
  
 11.  Entire Agreement.    This Agreement, any attachments hereto, the employee benefit plans and any agreements thereunder (including,
but not limited to, any stock option agreement) and the Proprietary Information Agreement represent the entire agreement and understanding between the Company and Executive concerning Executive’s employment relationship with the Company, and
supersede and replace any and all prior agreements and understandings concerning Executive’s employment relationship with the Company. In the event of any inconsistency between this Agreement and any other agreement referred to herein, the
terms of this Agreement shall govern. 
  
 12.  Arbitration and Equitable Relief. 

 
 (a)  Except as provided in Section 13(c) below, Executive and the Company agree that any dispute or
controversy arising out of, relating to, or in connection with this Agreement, or the interpretation, validity, construction, performance, breach, or termination thereof shall be settled by arbitration to be held in Chicago, Illinois, in accordance
with the National Rules for the Resolution of Employment Disputes then in effect of the American Arbitration Association (the “Rules”). The arbitrator may grant injunctions or other relief in such dispute or controversy. The decision of
the arbitrator shall be final, conclusive and binding on the parties to the arbitration. Judgment may be entered on the arbitrator’s decision in any court having jurisdiction. 
  
 (b)  The arbitrator shall apply Illinois law to the merits of any dispute or claim, without reference to rules of conflict of law. The arbitration
proceedings shall be governed by federal arbitration law and by the Rules, without reference to state arbitration law. Executive hereby
 

 
 6 

 
expressly consents to the personal jurisdiction of the state and federal courts located in Illinois for any action or proceeding arising from or relating to this Agreement and/or relating to any
arbitration in which the parties are participants. 
  
 (c)  Executive understands that
nothing in Section 13 modifies Executive’s at-will status. Either the Company or Executive can terminate the employment relationship at any time, with or without cause. 
  
 (d)  EXECUTIVE HAS READ AND UNDERSTANDS SECTION 13, WHICH DISCUSSES ARBITRATION. EXECUTIVE UNDERSTANDS THAT BY SIGNING THIS AGREEMENT, EXECUTIVE
AGREES TO SUBMIT ANY FUTURE CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION, VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH, OR TERMINATION THEREOF TO BINDING ARBITRATION, AND THAT THIS ARBITRATION CLAUSE
CONSTITUTES A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL ASPECTS OF THE EMPLOYER/EXECUTIVE RELATIONSHIP, INCLUDING BUT NOT LIMITED TO, THE FOLLOWING CLAIMS: 
  
 (i)  ANY AND ALL CLAIMS FOR WRONGFUL DISCHARGE OF EMPLOYMENT; BREACH OF CONTRACT, BOTH EXPRESS AND IMPLIED;
BREACH OF THE COVENANT OF GOOD FAITH AND FAIR DEALING, BOTH EXPRESS AND IMPLIED; NEGLIGENT OR INTENTIONAL INFLICTION OF EMOTIONAL DISTRESS; NEGLIGENT OR INTENTIONAL MISREPRESENTATION; NEGLIGENT OR INTENTIONAL INTERFERENCE WITH CONTRACT OR
PROSPECTIVE ECONOMIC ADVANTAGE; AND DEFAMATION. 
  
 (ii)  ANY AND ALL CLAIMS FOR VIOLATION
OF ANY FEDERAL STATE OR MUNICIPAL STATUTE, INCLUDING, BUT NOT LIMITED TO, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, THE CIVIL RIGHTS ACT OF 1991, THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, THE AMERICANS WITH DISABILITIES ACT OF 1990, THE
FAIR LABOR STANDARDS ACT, THE ILLINOIS HUMAN RIGHTS ACT, THE CALIFORNIA FAIR EMPLOYMENT AND HOUSING ACT, AND LABOR CODE SECTION 201, et seq; 
  
 (iii)  ANY AND ALL CLAIMS ARISING OUT OF ANY OTHER LAWS AND REGULATIONS RELATING TO EMPLOYMENT OR EMPLOYMENT DISCRIMINATION. 

 
 13.  Legal Fee Reimbursement.    The Company agrees to pay Executive’s reasonable
legal fees, not to exceed $5,000, associated with entering into this Agreement upon receiving invoices for such services. 
  
 14.  No Oral Modification, Cancellation or Discharge.    This Agreement may only be amended, canceled or discharged in writing signed by Executive and the Company. 
  
 15.  Withholding.    The Company shall be entitled to withhold, or cause to be withheld, from payment
any amount of withholding taxes required by law with respect to payments made to Executive in connection with his employment hereunder. 

 
 7 

  
 16.  Governing Law.    This Agreement shall
be governed by the laws of the State of California. 
  
 17.  Effective
Date.    This Agreement is effective July 1, 2002. 
  
 18.  Acknowledgment.    Executive acknowledges that he has had the opportunity to discuss this matter with and obtain advice from his private attorney, has had sufficient time to, and has
carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement. 
  
 IN WITNESS WHEREOF, the undersigned have executed this Agreement on the respective dates set forth below: 
  
 
	 SOMERA COMMUNICATIONS, INC.
 
	 
	 BY:
 	 	 /s/    MARTY HOLTZMAN
 

	 
	 TITLE:
 	 	 Vice President, Human Resources
 

	 
	 EXECUTIVE
  
 /s/    JEFFREY A. MILLER
 
Jeff Miller
 

 

 
 8 

  
 Exhibit A 
  
 EXECUTIVE INCENTIVE PLAN PERFORMANCE CRITERIA

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