Document:

exv10w1

EXHIBIT 10.1

EMPLOYMENT SEPARATION AGREEMENT BETWEEN PYRAMID BREWERIES INC. 

AND PAUL CURHAN

     This agreement (the “Employment Separation Agreement”) between you, Paul Curhan, and us,
Pyramid Breweries, Inc. (“Pyramid”), is dated for reference purposes June 27, 2008, which is the
date we delivered it to you for your consideration.

	1.	 	Your full-time employment by us is terminated effective June 27, 2008 (the “Separation
Date”).

	2.	 	Subject to our receipt of an ink signed original of this Employment Separation Agreement and
subject further to the terms of paragraph 12, you will be paid: (a) your regular salary and
car allowance, less authorized deductions and withholdings, through the Separation Date; (b)
the cash value of your current, accrued but unused vacation; (c) a pro rata share of the 2008
Gain Sharing award for which you are eligible, if it is awarded; and (d) your base salary,
less applicable deductions and withholdings, from the Separation Date through and including
October 27, 2008 which represents a period of four months. Any sick leave you have accrued
will be forfeited as of the Separation Date. You understand and agree that except as set
forth herein, you have no right to receive any further payments for salary, bonuses, profit
sharing or any other form of compensation or incentive compensation. No payment will be made
to you under under (d) of this paragraph 2 until you have returned all Pyramid property and
the revocation period set forth at paragraph 12 has expired.

	3.	 	You were not eligible to participate in Pyramid’s benefit plans, and are not entitled to
continuation coverage of health/dental insurance. Your rights under any retirement benefit
plans in which you may have participated will be determined in accordance with the written
plan documents governing those plans.

	4.	 	We will provide you with a general letter of reference which will identify your dates of
employment, last position held, duties and responsibilities in that position, final rate of
pay, and that you performed your job satisfactorily. All telephone reference checks and
verifications of you prior employment, must be directed to Human Resources. In response to
any such inquiries, Human Resources will only disclose information consistent with the letter
and spirit of the letter of reference described herein.

	5.	 	In exchange for the payments and benefits set forth above and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, you hereby forever
unconditionally and irrevocably release and discharge us, any related or affiliated entity,
their parent entities, subsidiaries, general partners, managing members, direct and indirect
affiliates, and all other related entities and/or funds or investment partnerships, predecessors, successors

 

 

	 	 	
and assigns, any employee benefit plans established or maintained by any of the
foregoing entities, and each and all of their current and former officers,
directors, employees, trustees, agents, attorneys, plan administrators,
representatives, partners, members, advisors and shareholders (collectively and
individually, the “Released Parties”), from any and all claims, causes of action,
complaints, agreements, promises, contracts, undertakings, covenants, guarantees,
grievances, liabilities, damages, rights, obligations, expenses, debts and demands
whatsoever, in law or equity, known or unknown, whether present or future and
without regard to the subsequent discovery or existence of facts in addition to or
different from those which you now know or believe to be true, that you, your heirs,
executors, administrators, representatives and assigns ever had, now have or
hereafter can, shall or may have, for, upon or by reason of any alleged or actual
matter, cause or thing from the beginning of time until the date you sign this
letter agreement, including, but not limited to, those arising out of, in connection
with or relating to in any way, the terms and conditions of your employment or the
cessation of your employment.

	 	 	You understand and acknowledge that by signing this Employment Separation Agreement
you are hereby expressly waiving and releasing, to the fullest extent permitted by
law, any and all claims you may have against us or any of the Released Parties,
whether or not known or suspected to exist in your favor at the time of the
execution of this letter agreement. As such, this release includes, regardless of
whether such laws apply to the Released Parties, any claims arising under any
federal statute, the Washington Law Against Discrimination (RCW 49.60), the
Washington Prohibited Employment Practices Law (RCW 49.44), the Civil Rights Act of
1964 (including Title VII of that Act), the Americans with Disabilities Act, or the
Age Discrimination in Employment Act of 1967. and any other federal, state or local
statutes or the common law.

	 	 	You intend hereby to expressly waive and relinquish, to the fullest extent permitted
by law, all claims you may have whether or not known or suspected to exist in your
favor at the time of executing this Employment Separation Agreement. You further
acknowledge that you are aware that you may hereafter discover facts in addition to
or different from those which you now know or believe to be true with respect to the
subject matter of this Employment Separation Agreement, but it is your intention to,
and you do fully, finally and forever settle and release any and all claims against
the Released Parties in any forum whatsoever, relating in any way to the claims
being released herein, whether known or unknown, suspected or unsuspected, which now
exist, may hereafter exist, or heretofore have existed, and without regard to the
subsequent discovery or existence of such different additional facts.

	6.	 	You represent that you have not filed any claim, action, lawsuit, charge, complaint,
arbitration or proceeding of any kind against us or any of the Released Parties. You further covenant and agree that you will not bring any claim, action,
lawsuit, charge, complaint, arbitration or proceeding of any kind, at law or in

 

 

	 	 	equity, against us or any of the Released Parties arising out of, in connection with
or relating to in any way your employment or the termination of your employment. In
the event you violate this paragraph you agree to pay all costs and expenses of
defending against any such claim, action, lawsuit, charge, complaint, arbitration or
proceeding incurred by us or any of the Released Parties, including reasonable
attorneys’ fees.

	7.	 	You represent and warrant that upon the Separation Date or our request, whichever is earlier,
you will return all keys, credit cards, documents and other material or property that belong
to us. You further agree that you will not at any time disparage us or our business or
services. You also agree that following the Separation Date, you will not, apart from good
faith competition, interfere with our relationships with our customers, potential customers,
employees, vendors, bankers or others.

	8.	 	You agree that information not generally known to the public to which you have been exposed
as a result of being employed by us is confidential information that belongs to us. You agree
that at all times you will hold Pyramid’s confidential information in strict confidence, and
not disclose or use it except as authorized by us and for our benefit.

	9.	 	You acknowledge that with the payments and other promises set forth at paragraphs 2 and 3
above, Pyramid has fully and forever satisfied, in fact exceeded, all obligations owed to you
under the Employment Agreement. You acknowledge that, effective June 27, 2008 you are no
longer authorized to incur expenses on the Pyramid’s behalf.

	10.	 	You hereby agree that:

	 	•	 	The payments and benefits that you are receiving under this Employment
Separation Agreement are more than you would be entitled had you not signed
this agreement.
	 
	 	•	 	We hereby advise you to consult with an attorney regarding this Employment
Separation Agreement and its effect on you prior to signing it.
	 
	 	•	 	You have been afforded sufficient time, twenty-one (21) days in which to
consider this Employment Separation Agreement. You understand that you may use
as much or as little of this twenty-one (21) day period before signing. The
twenty-one (21) day period expires on July 18, 2008 at 5:00 p.m. (the
“Expiration Date.”).

	11.	 	You have seven (7) calendar days from the date that you sign this Employment Separation
Agreement to revoke it. Revocation may be made by delivering a written notice of revocation
received by Sylvia Washington, Human Resources Director, 91 S. Royal Brougham, Seattle, WA
98134,within that seven (7) day
period. If you have not signed and returned this agreement by the Expiration Date
or you timely revoke it after signing, your employment nevertheless will remain
terminated effective the Separation Date and you will not be entitled to the

 

 

	 	 	payments and benefits set forth in this Employment Separation Agreement and will
only be paid your accrued vacation, compensation and car allowance, less applicable
deductions and withholdings, earned through the Separation Date. For the avoidance
of doubt, you will remain bound by the provisions of your Employment Agreement,
including without limitation the provisions identified at paragraph 11.

	12.	 	This Employment Separation Agreement does not constitute and may not be construed as an
admission of liability on the part of Pyramid or of any persons or entities relating in any
way to Pyramid or an admission of any violation of any applicable law or regulation. You and
we have entered into this Employment Separation Agreement solely to facilitate the cessation
of their prior employment relationship.

	13.	 	You agree to keep the terms of this Employment Separation Agreement confidential. You agree
that except as otherwise required by law, you shall not disclose to any third party, except
your legal counsel, accountants and tax advisors, any of the terms of this Employment
Separation Agreement. You represent and warrant that you have not already done so.

	14.	 	This Employment Separation Agreement is governed by the internal laws of the State of
Washington without giving effect to provisions thereof related to choice of laws or conflict
of laws. Venue and jurisdiction of any legal proceeding of any kind, including arbitration
and civil litigation, involving this Employment Separation Agreement or your employment shall
exist exclusively in state and federal courts located in King County, Washington, unless
injunctive relief is sought by Pyramid and, in our sole judgment, may not be effective unless
obtained in some other venue. In any dispute involving this Employment Separation Agreement,
the party who substantially prevails shall be entitled to recover reasonable attorneys’ fees,
costs and disbursements from the other party. This Employment Separation Agreement, together
with the provisions of the Employment Agreement referenced at paragraph 9, is the final and
complete expression of all agreements between us on all subjects. You acknowledge that you
have had adequate time to review and consider this agreement and consult with counsel. You
acknowledge you are not signing this agreement relying on anything not set out here.

THE PARTIES HAVE CAREFULLY READ THIS AGREEMENT, HAVE EXECUTED IT OF THEIR OWN FREE WILL AND HAVE
HAD THE OPPORTUNITY TO CONSULT WITH ATTORNEYS OF THEIR CHOICE WITH RESPECT TO ITS TERMS.

 

 

	 	 	 	 	 
	 

	 	 	 	 
	AGREED BY EMPLOYER:

	 	AGREED BY EMPLOYEE:	 	 
	 
	 	 	 	 
	/s/ Scott S. Barnum

	 	/s/ Paul Curhan	 	 
	 

	 	 	 	 
	Scott Barnum

	 	Paul Curhan	 	 
	Chief Executive Officer

	 	Date: June 30, 2008	 	 
	Date: June 27, 2008EXHIBIT 10.1

EXECUTION VERSION

SECOND AMENDMENT TO CREDIT AGREEMENT

     This SECOND AMENDMENT TO CREDIT AGREEMENT, dated as of June 12, 2008 (this “Amendment”), to the Credit Agreement referred to below, by and among the lenders identified on the signature pages hereof
(such lenders, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), GoAmerica, Inc., a Delaware corporation
(“Borrower”), the letter of credit issuers thereto (the “L/C Issuers”), Churchill Financial LLC, as administrative agent for the Lenders and the L/C Issuers (in such capacity, and together with its successors and
permitted assigns, the “Administrative Agent”) and Ableco Finance LLC, as collateral agent for the Lenders and the L/C Issuers (in such capacity, and together with its successors and permitted assigns, the “Collateral
Agent”, and together with the Administrative Agent, the “Agents”).

W I T N E S S E T H

     WHEREAS, Borrower, Agents, the Lenders and L/C Issuers signatory thereto from time to time are parties to that certain Credit Agreement, dated as of January 10, 2008 (as amended, restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”); and

     WHEREAS, Borrower has requested, and Agents and Required Lenders have agreed, to amend the Credit Agreement in the manner, and on the terms and conditions, provided for herein.

     NOW THEREFORE, in consideration of the promises and for other good and valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, the Loan Parties, Agents and Lenders hereby agree as
follows:

      1. Definitions. Capitalized
  terms not otherwise defined herein (including in the Recitals hereto) shall
  have the meanings ascribed to them in the Credit Agreement.

      2. Amendments to the Credit
  Agreement.

           (a)
  Amendment to Section 1.1 of the Credit Agreement. Section 1.1 of
  the Credit Agreement is amended as of the date hereof by inserting the following
  new definitions therein in the appropriate alphabetical order:

           “SLA
  Merger Agreement” means the Agreement and Plan of Merger to be entered
  into by and among Borrower, SLA Acquisition Corporation, a District of Columbia
  corporation, Sign Language Associates, Inc., a District of Columbia corporation,
  and Janet L. Bailey, as Stockholders’ agent, in form and substance reasonably
  satisfactory to the Agents.

           ‘VLI
  Merger Agreement’ means the Agreement and Plan of Merger to be entered
  into by and among Borrower, VLI Acquisition Corporation, a Virginia corporation,
  Visual Language Interpreting Inc., a Virginia corporation, and Brandon Arthur,
  as Stockholders’ agent, in form and substance reasonably satisfactory to
  the Agents.”

           (b)
  Amendment to Section 8.1(l) of the Credit Agreement. Section 8.1(l)
  of the Credit Agreement is amended and restated as of the date hereof by
  deleting such Section 8.1(l) in its entirety and substituting in lieu
  thereof, the following new Section 8.1(l):

 1

           “(l)
  (i) customary indemnification, adjustment of purchase price or similar obligations
  of the Loan Parties arising under any of the Verizon TRS Acquisition Agreement,
  Hands On Merger Agreement or the documents pertaining to a Permitted Acquisition
  or a Sale permitted hereunder, (ii) the Installment Merger Consideration (as
  defined in the VLI Merger Agreement) in an amount not to exceed $XXXX,
  payable in accordance with Section 2.9 of the VLI Merger Agreement and
  (iii) the Installment Merger Consideration (as defined in the SLA Merger Agreement)
  in an amount not to exceed $XXXX, payable in accordance with Section
  2.9 of the SLA Merger Agreement.”

     3. Remedies. This Amendment shall constitute a Loan Document. The breach by any Loan Party of any covenant or agreement in this Amendment shall constitute an immediate Event of Default hereunder and under the
other applicable Loan Documents.

     4. Representations and Warranties. To induce Agents and Required Lenders to enter into this Amendment, the Borrower (and, to the extent set forth in any other Loan Document, each other Loan Party) hereby jointly
and severally represents and warrants that:

           (a)
  The execution, delivery and performance by each Loan Party of this Amendment
  and the performance of the Credit Agreement as amended by this Amendment (the
  “Amended Credit Agreement”) (i) are within such Loan Party’s
  corporate or similar powers and, at the time of execution thereof, have been
  duly authorized by all necessary corporate and similar action (including, if
  applicable, consent of the holders of its Securities), (ii) do not (A) contravene
  such Loan Party’s Constituent Documents, (B) violate any material Requirement
  of Law in any material respect, (C) in any material respect, conflict with,
  contravene, constitute a default or breach under any material Contractual Obligation
  of any Loan Party or any of its Subsidiaries, or result in or permit the termination
  or acceleration of any such material Contractual Obligation, or (D) result in
  the imposition of any Lien (other than a Permitted Lien) upon any property of
  any Loan Party or any of its Subsidiaries and (iii) do not require any Permit
  of, or filing with, any Governmental Authority or any consent of, or notice
  to, any Person.

           (b)
  From and after its delivery to the Administrative Agent, this Amendment has
  been duly executed and delivered to the other parties hereto by each Loan Party
  party hereto and this Amendment and the Amended Credit Agreement is the legal,
  valid and binding obligation of such Loan Party and is enforceable against such
  Loan Party in accordance with its terms, except as may be limited by applicable
  bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting
  creditors' rights generally or by general equitable principles relating to enforceability.

           (c)
  No Default or Event of Default has occurred and is continuing after giving effect
  to this Amendment.

           (d)
  No action, claim or proceeding is now pending or, to the knowledge of any Loan
  Party, threatened against any Loan Party, at law, in equity or otherwise, before
  any court, board, commission, agency or instrumentality of any federal, state,
  or local government or of any agency or subdivision thereof, or before any arbitrator
  or panel of arbitrators, which (i) challenges any Loan Party’s right, power,
  or competence to enter into this Amendment or perform any of its obligations
  under this Amendment, the Amended Credit Agreement or any other Loan Document,
  or the validity or enforceability of this Amendment, the Amended Credit Agreement
  or any other Loan Document or any action taken under this Amendment, the Amended
  Credit Agreement or any other Loan Document or (ii) if determined adversely,
  is reasonably likely to have or result in a Material Adverse Effect.

           (e)
  After giving effect to this Amendment, the representations and warranties of
  Borrower and the other Loan Parties contained in the Amended Credit Agreement
  and each

2

other Loan Document are true and correct in all material respects (provided, that if any representation or warranty is by its terms qualified by concepts of materiality, such representation shall be true and correct in all respects) on and as of the
First Amendment Effective Date with the same effect as if such representations and warranties had been made on and as of such date, except that any such representation or warranty which is expressly made only as of a specified date need be true only
as of such date.

     5. No Amendments/Waivers. The Credit Agreement and the other Loan Documents shall continue to be in full force and effect in accordance with their respective terms and, except as expressly provided herein, shall
be unmodified. In addition, except as expressly provided herein, this Amendment shall not be deemed an amendment, consent or waiver of any term or condition of any Loan Document or a forbearance by Agents or Lenders with respect to any right or
remedy which Agents or Lenders may now or in the future have under the Loan Documents, at law or in equity or otherwise or be deemed to prejudice any rights or remedies which Agents or Lenders may now have or may have in the future under or in
connection with any Loan Document or under or in connection with any Default or Event of Default which may now exist or which may occur after the date hereof.

     6. Expenses. Each of Borrower and each other Loan Party hereby reconfirms its respective obligations pursuant to Section 11.3 of the Credit Agreement and to pay and reimburse Agents, for all reasonable
costs and expenses (including, without limitation, reasonable fees of one legal counsel) incurred in connection with the negotiation, preparation, execution and delivery of this Amendment and all other documents and instruments delivered in
connection herewith.

     7. Affirmation of Existing Loan Documents. After giving effect to this Amendment, each Loan Party (a) confirms and agrees that its obligations under each of the Loan Documents to which it is a party shall
continue without any diminution thereof and shall remain in full force and effect on and after the date hereof, and (b) confirms and agrees that the Liens granted pursuant to the Collateral documents to which it is a party shall continue without any
diminution thereof and shall remain in full force and effect on and after the date hereof.

     8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

     9. Counterparts. This Amendment may be executed by the parties hereto on any number of separate counterparts and all of said counterparts taken together shall be deemed to constitute one and the same
instrument.

[Signature pages follow]

 3

      IN WITNESS WHEREOF, the parties
  hereto have caused this Amendment to be duly executed and delivered as of the
  day and year first above written.

	 	GOAMERICA, INC., as Borrower
	   	 
	   	 By: /s/ Daniel
      R. Luis 
	 	 Name: Daniel R. Luis 
	 	 Title: CEO 

 4

	    	 AGENTS AND LENDERS:
      

	 	  
	 	      CHURCHILL FINANCIAL
      LLC, as 
	 	      Administrative
      Agent 
	 	  
	 	  
	 	  
	 	      By:
      /s/ Chris Cox
    
	 	      Name:
      Chris Cox 
	 	      Title:
      Managing Director 
	 	  
	 	  
	 	      CHURCHILL
      FINANCIAL FUNDING LLC, as 
	 	      Lender
    
	 	  
	 	      By:
      /s/ Chris Cox
    
	 	      Name:
      Chris Cox 
	 	      Title:
      Managing Director 
	 	  
	 	  
	 	      CHURCHILL
      FINANCIAL CAYMAN LTD., as 
	 	      Lender
    
	 	  
	 	      By:
      Churchill Financial LLC, as its Collateral 
	 	      Manager
    
	 	  
	 	      By:
      /s/ Chris Cox
    
	 	      Name:
      Chris Cox 
	 	      Title:
      Managing Director 

 5

	   	      ABLECO
      FINANCE LLC, as Collateral Agent 
	 	      and
      Lender 
	 	  
	 	  
	 	      By:
      /s/ Kevin Genda
    
	 	      Name:
      Kevin Genda 
	 	      Title:
      Vice Chairman 

 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}]]