Document:

EXHIBIT 10.25  

Data
I/O Corporation

10525 Willows Road, NE

Redmond, WA 98053 

March 13,
2001 

Ms. Irene
Bjorklund

519 Lake Washington Blvd.

Seattle, WA 98122 

Dear
Irene: 

On
behalf of the officers and directors of Data I/O Corporation, I am pleased to welcome you as the newest member of our management team and to extend the following offer of employment. I am thrilled
to have you with us and am personally looking forward to having your help as Vice President of Sales and Marketing. Data I/O will do well under the leadership that you will bring to the selling
process. 

In
this capacity, as Vice President of Sales and Marketing, you will report directly to me. I would like to set the start date for your employment as of March 20, 2001. Please confirm your
acceptance of our offer and the start date by signing and returning the enclosed copy of this letter to our office as soon as possible. 

The
total cash compensation for this position is comprised of two major elements. The first is an annual base salary of $200,000 per year (or $16,666 per month). The second is an incentive bonus
(prorated from your start date for year 2001) at 40% of your base salary ($38,500,000 bookings for Q2-Q4)and calculated as follows: 

	Percent of Plan
 
	 	Incentive
	 	Total Compensation

	80%	 	$	64,000	 	$	264,000
	90%	 	$	72,000	 	$	272,000
	100%	 	$	80,000	 	$	280,000
	110%	 	$	96,000	 	$	296,000
	120%	 	$	112,000	 	$	312,000
	130%	 	$	128,000	 	$	328,000
	150%	 	$	160,000	 	$	360,000
	200%	 	$	240,000	 	$	440,000

In
addition, an award of 30,000 shares of stock options is proposed, subject to the approval of the Board of Directors. These options are priced at the average Fair Market Value of our stock at the
later of the board approval date or your start date, with a 4 year quarterly vesting (6.25% per quarter). 

You
will be eligible for all company benefit programs as outlined in our Team Member Handbook. Your medical, dental, vision, and life insurance benefits are effective on your first day of employment.
You have 30 days after you begin work to choose the type of coverage you would like. In order for us to expedite the benefits enrollment process, please complete the attached documents and
return them to Human Resources with your acceptance of this offer. 

Your
employment is conditional upon execution of our Employment Agreement (See Attached) and completion of an I-9 Form. In order to comply with the Immigration Reform and Control Act of
1986, we must make sure that all new team members have the right to legally work in the United States. Please provide our Human Resources staff with sufficient documents to complete the
I-9 Form by your
first day of employment (e.g.: (1) passport (2) drivers license and social security card, or (3) drivers license and original birth certificate). 

While
this offer does not express or imply an employment contract between you and Data I/O for any specific period of time, we believe that the relationship will be productive and mutually beneficial. 

Your
signature below indicates acceptance of this offer. The terms and conditions outlined above are all of the terms and conditions of this offer. Please return one copy of this letter by
March 20, 2001. The second copy is provided for your records. If you have any questions concerning this offer, please contact John Vicklund, VP Human Resources at
425-867-6817. 

Sincerely, 

Fred
Hume

President and CEO 

I
am accepting this position based solely on the terms and conditions of employment described in this letter 

Accepted: 

	/s/  IRENE BJORKLUND      	 	03/13/01	 	March 20, 2001
	
	 	

	Signature	 	Date Signed	 	Preferred Start Date

EnclosuresDecember 23, 2001 

Michael
Vent

[address] 

Dear
Mike: 

This
letter sets forth the substance of the separation agreement (the "Agreement") Internap Network Services Corporation (the "Company") proposes regarding your employment transition. 

        1.    Separation. Your last day of employment with the Company shall be July 7, 2002 (the "Separation Date"). 

        2.    Transition Period. Effective immediately you will resign your positions as the Company's Chief Operating Officer and
President, and from now through the Separation Date (the "Transition Period"), you will report to the Company's Chief Executive Officer (the "CEO") and will be expected to complete to the Company's
satisfaction projects as assigned by the CEO from time to time. You will perform these duties from Austin, Texas except as may be reasonably required by the CEO to be performed in the Seattle area. If
you are asked, by the Company in its sole discretion, to travel to the Seattle area, it will be arranged for mutually agreeable times and the Company will fully reimburse you for any reasonable,
out-of-pocket travel related expenses, including airfare, lodging and meals that have been approved in advance by the Company in writing and comply with the Company's
reimbursement policies. From January 7, 2002 through April 7, 2002 you will be paid based on an annual base salary of $348,800 stated in your Employment Agreement, less applicable
withholdings and deductions, and will be entitled to continue your employee benefits, including vacation accrual. From April 8, 2002 through the Separation Date you agree to be paid at a
reduced annual base salary of $174,400, less applicable withholdings and deductions, and will be entitled to continue your employee benefits, including vacation accrual. 

        3.    Stock Options. Your stock options will cease vesting on the Separation Date, under the terms of your written stock option
agreement(s) and the applicable plan(s) governing those agreement(s). You may exercise your vested option shares pursuant to your written stock option agreement(s) and the applicable plan(s) governing
those agreement(s). 

        4.    Expense Reimbursements. The Company will, pursuant to its regular business practice, reimburse you for expenses approved
in advance by the CEO through the Separation Date, if any, that you submit within ten (10) days of the Separation Date. 

        5.    Return of Company Property. On or before the Separation Date, you must return to the Company all Company documents (and
all copies thereof) and other Company property that you have had in your possession at any time, including, but not limited to, Company files, notes, drawings, records, business plans and forecasts,
financial information, specifications, computer-recorded information, tangible property (including, but not limited to, computers), credit cards, entry cards, computer access codes, computer programs,
identification badges and keys; and any materials of any kind that contain or embody any proprietary or confidential information of the Company (and all reproductions thereof). 

        6.    Continuing Obligations. After the Separation Date, you will have continuing obligations to the Company, including
obligations not to use or disclose any confidential or proprietary information of the Company. A copy of the agreement you signed with respect to these obligations is attached to this letter as
Exhibit B ("Exhibit B"). The Company agrees to amend your obligations under Section 5 of Exhibit B as follows: (a) the one (1) year period referred to in lines 5 and
6 thereof is changed to nine (9) months; and (b) the word "hosting" in line 8 thereof is replaced with "collocation." 

        7.    Release. In exchange for the Transition Period and other consideration under this Agreement, to which you acknowledge you
would otherwise not be entitled absent this Agreement, you hereby release, acquit and forever discharge the Company, its parent and subsidiaries, and its and their officers, directors, agents,
servants, employees, shareholders, attorneys, successors, assigns and affiliates, of and from any and all claims, liabilities, demands, causes of action, costs, expenses, attorneys' fees, 

damages, indemnities and obligations of every kind and nature, in law, equity, or otherwise, known and unknown, suspected and unsuspected, disclosed and undisclosed (other than any claim for
indemnification you may have as a result of any third party action against you based on your employment with the Company), arising out of or in any way related to agreements, events, acts or conduct
at any time prior to and including the date you sign this Agreement, including but not limited to: all such claims and demands directly or indirectly arising out of or in any way connected with your
employment with the Company or the termination of that employment, including but not limited to, claims of intentional and negligent infliction of emotional distress, any and all tort claims for
personal injury, claims or demands related to salary, bonuses, commissions, stock, stock options, or any other equity or ownership interests in the Company, paid time off, fringe benefits, expense
reimbursements, severance pay, or any other form of compensation; claims under that certain Employment Agreement between you and the Company dated June 12, 2001 (the "Employment Agreement");
claims under the December 5, 2001 memorandum agreement between the Company and you; claims pursuant to any federal, state or local law or cause of action including, but not limited to, the
federal Civil Rights Act of 1964, as amended; the federal Age Discrimination in Employment Act of 1967, as amended ("ADEA"); the federal Americans with Disabilities Act of 1990; the Texas Commission
on Human Rights Act, as amended; the Washington Law Against Discrimination in Employment, as amended; the Washington Family Leave Act, as amended; tort law; contract law; wrongful discharge;
discrimination; fraud; defamation; and breach of the implied covenant of good faith and fair dealing. 

        8.    ADEA Waiver. You acknowledge that you are knowingly and voluntarily waiving and releasing any rights you may have under
the ADEA. You also acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which you
were already entitled. You further acknowledge that you have been advised by this writing, as required by the ADEA, that: (a) your waiver and release do not apply to any rights or claims that
may arise after you sign this Agreement; (b) you have the right to consult with an attorney prior to executing this Agreement; (c) you have twenty-one (21) days to
consider this Agreement (although you may choose to voluntarily execute this Agreement earlier); (d) you have seven (7) days following the date you sign this Agreement to revoke the
Agreement; and (e) this Agreement shall not be effective until the date upon which the revocation period has expired, which shall be the eighth (8th) day after you sign this
Agreement. 

        9.    Other Compensation or Benefits. Except as expressly provided in this Agreement, you will not receive any additional
compensation, severance, or benefits from the Company after the Separation Date. 

        10.  Separation Date Release. As further consideration for the promises set forth in this Agreement, on the Separation Date
you agree to execute, make effective and deliver to the Company the General Release and Waiver attached as Exhibit A ("the Separation Date Release"). You understand and acknowledge that failure
to provide a Separation Date Release will constitute a material breach of this Agreement. 

        11.  Entire Agreement. This Agreement, including its exhibits, constitutes the complete, final and exclusive embodiment of the
entire agreement between you and the Company with regard to the subject matter hereof. It supersedes any and all agreements entered into by and between you and the Company, including the Employment
Agreement; provided, however, that Section 11 of the Employment Agreement regarding Proprietary Rights and Inventions is expressly made a part of
and incorporated into this Agreement, and is not superseded. This Agreement is entered into without reliance on any promise or representation, written or oral, other than those expressly contained
herein. It may not be modified except in a writing signed by a duly authorized officer of the Company. 

        12.  Successors and Assigns. This Agreement will bind the heirs, personal representatives, successors, assigns, executors and
administrators of each party, and will inure to the benefit of each party, its heirs, successors and assigns. 

        13.  Applicable Law. This Agreement will be deemed to have been entered into and will be construed and enforced in accordance
with the laws of the State of Washington as applied to contracts made and to be performed entirely within Washington. 

        14.  Severability. If a court of competent jurisdiction determines that any term or provision of this Agreement is invalid or
unenforceable, in whole or in part, then the remaining terms and provisions hereof will be unimpaired. The court will then have the authority to modify or replace the invalid or
unenforceable term or provision with a valid and enforceable term or provision that most accurately represents the parties' intention with respect to the invalid or unenforceable term or provision. 

If
this Agreement is acceptable to you, please sign below, and return the original to me. 

Thank
you for your efforts in support of the Company. We look forward to working with you during the Transition Period. 

	Sincerely yours,	 	 
	
Internap Network Services Corporation	
 	

 
	

/s/  GENE EIDENBERG      
Gene Eidenberg

Chief Executive Officer	
 	

 
	
So Agreed.	
 	

 
	

/s/  MICHAEL VENT      
Michael Vent	
 	

 
	

Date:	

12-23-01	
 	

 

Attachments:

Exhibit A—Separation Date Release

Exhibit B—Employee Confidentiality, Nonraiding and Noncompetition Agreement

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