Document:

Letter from Registrant to Stuart C. Reed relating to employment

 Exhibit 10.36 
 [SEARS HOLDINGS LETTERHEAD] 
 August 4, 2008 
 Mr. Stuart C. Reed 
 [Address Omitted]

 Dear Stuart, 
 We are pleased to
extend to you our offer to join Sears Holdings Corporation (SHC) as SVP and President – Home Services, reporting to the Board of Directors for Homes Services. Your start date will be August 25, 2008. This letter serves as confirmation of
our offer. This offer is subject to the approval of the Compensation Committee (“Compensation Committee”) of SHC’s Board of Directors. 
 The key elements of your compensation package are as follows: 
  

	 	•	 	 Annual base salary at a rate of $600,000. 

  

	 	•	 	 Annual target incentive opportunity of 75% of your base salary. Your 2008 incentive will be prorated from your start date through January 31,
2009, the last day of the Company’s 2008 fiscal year. The annual incentive for each plan year will be payable by April 15 of the following year, provided that you are actively employed at the payment date. 

  

	 	•	 	 Participation in the Sears Holdings Corporation 2008 Long-Term Incentive Program (“2008 LTIP”) at 150% of your base salary. Payout under the
2008 LTIP will be linked to 100% Sears Holdings EBITDA. Your target award will be prorated based on the date during the performance period that you become a participant (i.e., date of hire). Further details regarding your 2008 LTIP will be provided
to you following your hire date. 

  

	 	•	 	 You will receive a grant of restricted stock valued at $350,000 under the Sears Holdings 2006 Stock Plan. The number of restricted shares granted will
be determined using the market closing price of Sears Holdings shares on the grant date. The grant date will be the first business day of the month following the later of (a) the date upon which we receive both your executed Executive Agreement
(see below) and the approval of the Compensation Committee or (b) your date of hire. The restricted shares granted will be scheduled to vest in full on the third anniversary of the grant date. Your restricted stock grant is contingent upon you
signing the Executive Severance Agreement (referred to below). 

  

	 	•	 	 You will receive a one-time sign-on bonus of $200,000 (gross), payable within thirty (30) days after your start date. You will be required to
repay this amount to the company in the event you voluntarily terminate your employment with SHC or are terminated by SHC for Cause (as defined in the Executive Severance Agreement you will be asked to sign as noted in the paragraph below) within
twenty four (24) months of your date of hire. 

	 	•	 	 You will be asked to sign an Executive Severance Agreement. If you are involuntarily terminated from Sears for any reason other than as provided
in the Executive Severance Agreement, you will receive one (1) year of salary continuation, equal to your annual base salary, plus, if you have been actively employed for at least one (1) year at the time of your termination, your target
annual bonus, subject to mitigation. The amount of salary continuation payable will be based on your rate of annual base pay and target annual bonus at the time of your termination. Under the Executive Severance Agreement, you will agree not to
disclose confidential information and not to solicit employees. You will also agree not to aid, assist or render services for any ‘Sears Competitor’ (as defined in the agreement) for one (1) year following termination of
employment. As noted above, the restricted stock grant is conditioned upon you signing this agreement. 

  

	 	•	 	 You are eligible to receive four (4) weeks paid vacation, which will be pro-rated during your first year of service based on your start date.
Added to this, you will qualify for six (6) paid National Holidays each year. You will be eligible for up to four (4) Personal Days per year, after completing six (6) months of service. 

  

	 	•	 	 You will be eligible to participate in all retirement and welfare programs on a basis no less favorable than other executives at your level, in
accordance with the applicable terms, conditions and availability of those programs. 

  

	 	•	 	 This offer is contingent upon satisfactory completion of a background reference check, employment authorization verification and pre-employment drug
test. 

 Stuart, we are looking forward to you joining Sears Holdings. We are excited about the important contributions you
will make to the company. I look forward to your acceptance of our offer. If you need additional information or clarification, please call. 
 This offer will expire if not accepted within one week from the date of this letter. To accept, sign below and return this letter along with the signed Executive Severance Agreement. 
  

									
	Sincerely,	 		 		 		 	
					
	 /s/ William R. Harker
	 		 		 		 	
	William R. Harker	 		 		 		 	
					
	Accepted:	 		 		 		 	
					
	 /s/ Stuart C. Reed
	 		 	8/4/08	 		 	
	Stuart C. Reed	 		 	DateAmendment No. 1 to Employment Agreement of David J. Drachman

 Exhibit 10.1 
 AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT 
 THIS
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (“Amendment No. 1”) is effective as of the 1st day of January 2010 (the “Effective Date”) between ATRICURE, INC., a Delaware corporation (the “Corporation”) and David J.
Drachman (the “Executive”). 
 RECITALS 
 A. The Corporation and the Executive have entered into that certain Employment Agreement, effective as of February 9, 2007 (the “Employment Agreement”), pursuant to which the Corporation
retained the Executive as President and Chief Executive Officer. 
 B. The Corporation and the Executive now desire to amend the
Employment Agreement as provided in this Amendment No. 1. 
 NOW, THEREFORE, in consideration of the mutual covenants and
obligations hereinafter set forth, the parties hereto agree as follows: 
 1. Capitalized terms used but not defined in this
Amendment No. 1 have the meanings assigned such terms in the Employment Agreement. 
 2. The Corporation and Executive
agree that Executive’s Base Salary for 2010 shall be four hundred twelve thousand dollars ($412,000) payable as set forth in Section 5(a) of the Employment Agreement. 
 3. Section 9(b)(ii) of the Employment Agreement is hereby amended and restated to read in its entirety as follows: 
 “(ii) Change of Control. In the event that (A) either the Company shall terminate the employment of the
Executive hereunder Without Cause or the Executive shall terminate his employment hereunder for Good Reason and (B) the related Notice of Termination shall have been given during a Change of Control Period, the Executive shall, in addition to
those rights provided under Section 9(a), be entitled to a severance payment equal to (x) twenty-four (24) months of the Executive’s then Base Salary, which amount shall be paid to him during the twenty-four (24) month
period following the Termination Date (the “Severance Period”) in substantially equal installments, as and when regular payroll payments are made by the Company to its employees plus (y) an amount equal to Executive’s
“target bonus” for the year in which the Termination Date shall have occurred, which payment shall be made in a lump sum within ten (10) days of termination of Executive. In such circumstances, during the twenty-four (24) month
Severance Period, the Executive shall also be entitled to medical, dental, life insurance or similar “welfare” benefits substantially similar in scope and cost to Executive as such benefits available to Executive immediately prior to the
Change in Control Period; provided that such benefits shall be discontinued to the extent that Executive obtains employment providing comparable benefits during such Severance Period. For purposes of the proviso in the immediately preceding
sentence, if Executive becomes employed by a new employer, for Executive’s

 
health and welfare benefits to be determined to be “comparable,” new employer must maintain a major medical plan that does not limit, restrict or exempt Executive or Executive’s
dependents with respect to any pre-existing conditions which were covered under the Company’s medical plan prior to Executive’s termination of employment. Executive’s right to continuation coverage under the Consolidated Omnibus
Budget Reconciliation Act of 1985 (“COBRA”) shall be provided at the earlier of the end of the twenty-four (24) month Severance Period or the discontinuance of coverage because the Executive obtains employment providing comparable
benefits.” 
 4. Other than as set forth in this Amendment No. 1, all of the terms and conditions of the Employment
Agreement shall continue in full force and effect. 
 5. This Amendment shall be governed by and construed in accordance with
the laws of the State of Ohio, without reference to the conflicts of laws of the State of Ohio or any other jurisdiction. 
 [signature page follows] 
  

 - 2 - 

 IN WITNESS WHEREOF, the parties have duly executed this Amendment No. 1 to Employment
Agreement effective as of the date first above written. 
  

					
	ATRICURE, INC.
		
	By:	 	 /s/ Julie A. Piton

		 		 	Julie A. Piton
		 		 	 Vice President, Finance and Administration and Chief Financial Officer

	
	EMPLOYEE
	
	       /s/ David J. Drachman

	David J. Drachman

  

 - 3 -Amendment No. 2 to Employment Agreement of Julie A. Piton

 Exhibit 10.2 
 AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT 
 THIS
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (“Amendment No. 2”) is effective as of the 1st day of January 2010 (the “Effective Date”) between ATRICURE, INC., a Delaware corporation (the “Corporation”) and Julie A.
Piton (the “Executive”). 
 RECITALS 
 A. The Corporation and the Executive have entered into that certain Employment Agreement, effective as of January 5, 2007 and amended by Amendment of Employment Agreement dated as of April 17,
2007 (as so amended, the “Employment Agreement”), pursuant to which the Corporation retained the Executive as Vice President of Finance and Administration and Chief Financial Officer. 
 B. The Corporation and the Executive desire to amend the Employment Agreement as provided in this Amendment No. 2. 
 NOW, THEREFORE, in consideration of the mutual covenants and obligations set forth in this Amendment No. 2, the parties agree as
follows: 
 1. Capitalized terms used but not defined in this Amendment No. 2 have the meanings assigned such terms in the
Employment Agreement. 
 2. The Corporation and Executive agree that Executive’s Base Salary for 2010 shall be two hundred
forty three thousand three hundred sixty dollars ($243,360) payable as set forth in Section 5(a) of the Employment Agreement. 
 3. Section 9(b)(ii) of the Employment Agreement is hereby amended and restated to read in its entirety as follows: 
 “(ii) Change of Control. In the event that (A) either the Company shall terminate the employment of the Executive hereunder Without Cause or the Executive shall terminate her employment
hereunder for Good Reason and (B) the related Termination Notice shall have been given during a Change of Control Period, the Executive shall, in addition to those rights provided under Section 9(a), be entitled to a severance payment
equal to (x) eighteen (18) months of the Executive’s then Base Salary, which payment shall be paid to her during the eighteen (18) month period following the Termination Date (the “Severance Period”) in substantially
equal installments, as and when regular payroll payments are made by the Company to its employees plus (y) an amount equal to Executive’s “full bonus potential” for the year in which the Termination Date shall have occurred,
which payment shall be made in a lump sum within ten (10) days after the termination of Executive. In such circumstances, during the eighteen (18) month Severance Period, the Executive shall also be entitled to medical, dental, life
insurance or similar “welfare” benefits substantially similar in scope and cost to Executive as such benefits available to Executive immediately prior to the Change in Control Period; provided that such benefits shall be
discontinued to the extent that Executive obtains employment providing

 
comparable benefits during such Severance Period. For purposes of the proviso in the immediately preceding sentence, if Executive becomes employed by a new employer, for Executive’s health
and welfare benefits to be determined to be “comparable,” new employer must maintain a major medical plan that does not limit, restrict or exempt Executive or Executive’s dependents with respect to any pre-existing conditions which
were covered under the Company’s medical plan prior to Executive’s termination of employment. Executive’s right to continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) shall be
provided at the earlier of the end of the eighteen (18) month Severance Period or the discontinuance of coverage because the Executive obtains employment providing comparable benefits.” 
 4. Other than as set forth in this Amendment No. 2, all of the terms and conditions of the Employment Agreement shall continue in full
force and effect. 
 5. This Amendment shall be governed by and construed in accordance with the laws of the State of Ohio,
without reference to the conflicts of laws of the State of Ohio or any other jurisdiction. 
 [signature page follows]

  

 - 2 - 

 IN WITNESS WHEREOF, the parties have duly executed this Amendment No. 2 to Employment
Agreement effective as of the date first above written. 
  

			
	ATRICURE, INC.
		
	By:	 	 /s/ David J. Drachman

		 	 David J. Drachman

		 	 President and Chief Executive Officer

	
	EMPLOYEE
	
	 /s/ Julie A. Piton

	Julie A. Piton

  

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