Document:

EMPLOYMENT
SEPARATION AGREEMENT AND RELEASE

     

    This
Employment Separation Agreement and Release (“Agreement”) is between Robert
Gumber (“Employee”) and Employee’s former employer, TechTeam Global, Inc.,
(“Employer”).

     

     

    RECITALS

     

    WHEREAS, Employer employed
Employee as Corporate Vice
President, Client Service Management; and

     

    WHEREAS, Employee was notified
on March 18, 2010 that his employment will end effective May 7, 2010; and

     

    WHEREAS, the parties wish to
enter into this Agreement reflecting their amicable resolution of all matters in
relation to the Employee’s termination of his at-will employment with Employer,
the payment of compensation not otherwise due to Employee, and the waiver and
release of any claims arising out of Employee’s at-will employment;

     

    NOW, THEREFORE, in
consideration of the foregoing and the mutual promises contained in this
Agreement, Employee and Employer agree as follows:

     

    Employee’s
final day of employment will be May 7,
2010.  Employee received a copy of this Agreement on April 16, 2010.

     

    
      	
               
      

            	
              (a)

            	
              The
      consideration given by Employer for this Agreement shall be a one time
      lump sum severance payment of $258,405 Dollars, minus
      applicable withholdings as required by law. Employee acknowledges that the
      amount paid hereunder represents a compromise of a disputed claim and
      therefore is in excess of any amounts otherwise conclusively due to the
      Employee.  The lump sum will be paid by a check made out to
      Robert Gumber and
      will be paid within seven (7) days after the Effective Date of this
      Agreement.

            

    

     

    
      	
               
      

            	
              (b)

            	
              On
      May 7, 2010, Employee will be issued nine thousand (9,000) of TechTeam
      common stock.

            
	 	 	 
	 	      
              (c)

            	      
              The
      severance consideration as described in 2(a) above is in full accord and
      satisfaction of any claims Employee has, may have, or may have had against
      the Employer. This payment by Employer is more than Employee is otherwise
      entitled to and is paid in consideration for Employee’s execution of this
      Agreement.

            
	 	 	 
	 	      
              (d) 

            	      
              Effective
      May 7, 2010,
      Employer will otherwise discontinue Employee’s current compensation and
      benefits. Your health and dental insurance, if any, will continue to the
      end of this month.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      	
               
      

            	
              (e)

            	
              Employer
      agrees not to contest Employee’s rights, if any, for unemployment
      compensation.

            

    

     

    
      	
               
      

            	
              (f)

            	
              Employer
      agrees to give Employee a neutral reference indicating only his dates of
      service and position held.

            

    

     

     

    In
exchange for the consideration set forth in Paragraph 2, and except for the
compensation and terms set forth in this Agreement, Employee hereby releases,
waives, and discharges Employer, (“Employer” for purposes of this Paragraph
shall include the Employer’s current and former officers, directors, employees,
parents, partners, subsidiaries, divisions, employees, representatives,
attorneys, successors, agents, assigns, affiliates and related entities), from
any causes of action, claims, damages, attorney fees, or any other liabilities
or claims whatsoever, whether in law or in equity, known or unknown, that he
has, may have, or may have had against Employer. These waivers, releases, and
discharges constitute a general release, extinguish any claims, preclude any
litigation by Employee against Employer based on anything that occurred on or
before the date on which Employee signs this Agreement, and are effective to the
fullest extent permitted by law. This means that Employee gives up, to the
fullest extent permitted by law, any right to file any lawsuit or any complaint
with any government agency or court of law against Employer about anything
arising in the course of Employee’s employment or the termination of Employee’s
employment under any local, state or federal statute, ordinance or regulation,
including, but not limited to, the Age Discrimination in Employment Act, 29 USC
Sec. 621 et seq., the Executive Separation Policy, the 2006 Incentive Stock and
Awards Plan, and under the common law. Employee understands that the only claims
that Employee is not waiving and releasing are for the consideration that
Employee will receive under this Agreement and any claims that, as a matter of
law, cannot be released and waived, including any fully vested benefits under
Employer’s retirement plans and any other fully vested benefits to which
Employee would be entitled under Employer’s current benefit plans.

     

    Employee
does not waive claims, which arise after the Effective Date of this
Agreement.

     

    Employee
agrees to deliver to Employer all documents and materials of any nature
pertaining to his work with Employer and agrees not to remove from the premises
any Employer documents, materials, or copies of documents. Employee agrees not
to disclose any confidential information, including, but not limited to sales,
marketing, pricing, processes, designs, products, company performance, product
data, concepts or trade secrets obtained during the course of his employment.
Any disclosure of such information will be considered a breach of this
Agreement.

     

    Employer
has advised Employee in writing to consult with an attorney of Employee’s choice
____ (initials), at
Employee’s expense, before signing this Agreement. Employee has been provided
with a sufficient amount of time totaling at least twenty one (21) days to
consider the terms of this Agreement, and to decide whether to accept it.
Employee may voluntarily and knowingly sign, but is not required to sign, this
Agreement before the end of the twenty one (21) day period. Employer will then
be able to expedite the processing of the consideration set forth in the
Agreement. Employee and Employer agree that Employer has made no promises,
inducements, representations, or threats in order to cause Employee to sign this
Agreement before the end of the twenty one (21) day period. If Employee
voluntarily and knowingly signs this Agreement before the end of the twenty one
(21) day period, the mandatory seven (7) day revocation period under paragraph
10 will start on the date that Employee signs this Agreement. If Employee has
not accepted this agreement by May
7, 2010, this
Agreement shall be null and void and of no force or effect.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Employee
agrees not to disclose the terms of this Agreement to any third party, except as
required by law or as necessary for the purposes of receiving counsel from his
attorneys or accountants.  If he makes such disclosure, Employee
agrees to inform such individuals that they are bound by this
paragraph.

     

    This
Agreement shall not be construed as an admission of any wrongdoing by either
Employee or Employer.

     

    This
Agreement, including Intellectual Property Assignment, Non-Solicitation, and
Confidentiality Agreement previously signed, constitutes the entire agreement
between Employee and Employer and supersedes all prior agreements, negotiations,
and discussions between the parties with respect to the subject matter contained
herein. There are no other agreements modifying its terms. Any modification to
this Agreement must be made in writing and signed by Employee and a duly
authorized representative of Employer and must specifically refer to and
expressly change this Agreement.

     

    This
Agreement is binding on and shall inure to the benefits of the parties their
heirs, officers, directors, employees, representatives, shareholders,
successors, and assigns.

     

    Employee
has been advised and acknowledges that he is entitled to revoke this Agreement
within seven (7) days
after signing it, and that the Agreement shall not become effective or
enforceable until this revocation period has expired (“Effective Date”). A
revocation must be in writing and either postmarked and addressed to Employer or
hand delivered to Employer within seven (7) days after Employee signed this
Agreement. Employee agrees that if a revocation is made by mail, a mailing by
certified mail, return receipt requested, is recommended to show proof of
mailing.

     

    Employee
has had a full and fair opportunity to discuss all aspects of this Agreement
with Employee’s attorney, if Employee chose to do that. Employee has carefully
read this Agreement, understands it, and is entering it voluntarily and
knowingly, which means no one is forcing or pressuring Employee to sign
it.

     

    If any
provision of this Agreement is ruled to be invalid, unenforceable, or illegal,
Employer and Employee agree that the rest of this Agreement will remain
enforceable and that the Agreement will be construed as if it never contained
the invalid, unenforceable, or illegal provision.

     

    The laws
of the State of Michigan govern the interpretation, construction, and
application of this Agreement, except if applicable federal law provides
differently.

    

     

    
      	
              TechTeam
      Global, Inc.

            	 
      	
              Robert Gumber, an
      individual

            
	 	 	 
	 	 	 
	
              By:

            	
              /s/
      Heidi K. Hagle

            	 
      	
              /s/
      Robert Gumber

            
	
              Its:

            	
              Vice
      President, Human Resources

            	 
      	
              Date:

            	
              May
      3, 2010

            
	
              Date:

            	
              May
      3, 2010

            	 
      	 
      	 
      

    

    
 

    
      
        
        

      

      
        3Exhibit
10.1

     

    AMENDMENT
NO. 3 TO

     

    CREDIT
AND GUARANTY AGREEMENT

     

    AMENDMENT NO. 3 TO CREDIT AND
GUARANTY AGREEMENT (the “Amendment”) dated as
of March 4, 2010, is among AboveNet, Inc., a Delaware corporation, AboveNet
Communications, Inc., a Delaware corporation, AboveNet of Utah, LLC, a Delaware
limited liability company, AboveNet of VA, LLC, a Virginia limited liability
company, and AboveNet International Inc., a Delaware corporation, (hereinafter
the “Borrowers”), the
Lenders from time to time parties thereto, Societe Generale, as administrative
agent (the “Administrative
Agent”), and CIT Lending Services Corporation, as documentation agent
(the “Documentation
Agent”) (the Administrative Agent and the Documentation Agent together,
the “Agents”).

     

    WHEREAS, the Borrowers, the
Agents and the Lenders are parties to that certain Credit and Guaranty Agreement
dated as of February 29, 2008 as amended by Waiver and Amendment No. 1 to the
Credit and Guaranty Agreement dated as of September 22, 2008 and as further
amended by Amendment No. 2 to the Credit and Guaranty Agreement dated as of June
29, 2009 (as so amended, and as the same may be hereafter further amended,
modified, supplemented or restated from time to time, the “Credit Agreement;”
undefined capitalized terms used herein shall have the meanings assigned thereto
in the Credit Agreement), pursuant to which the Lenders have agreed to make
certain “Loans” and other financial accommodations to the
Borrowers;

     

    WHEREAS, the Borrowers have
requested that the Agents and the Lenders amend the Credit Agreement in the
manner set forth herein in order to amend the principal payment schedule with
respect to the repayment of each Delayed Draw Loan, and the Agents and the
Lenders have agreed to such request; and

     

    WHEREAS, the Lenders and the
Borrowers are entering into this Amendment pursuant to Section 12.01 of the
Credit Agreement.

     

    NOW, THEREFORE, in
consideration of the premises set forth above, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
Borrowers, the Agents and the Lenders agree as follows:

     

    1. Repayment of
Loans.  Section 2.07(b)(ii)
of the Credit Agreement is hereby amended and restated in its entirety as
follows:

     

    (ii)           of each Delayed Draw Loan, prior to the
Maturity Date, on each Principal Payment Date commencing on the first Principal
Payment Date, being March 31, 2010 and through the last Principal Payment Date
corresponding to the year 2012, and on the Maturity Date in the amount set forth
in the table below, before giving effect to any prepayments in respect of the
Delayed Draw Term Loan made pursuant to Section
2.05:

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          	
                  Principal
      Payment Date

                   

                	
                  Delayed
      Draw Loan Principal Amortization

                   

                
	
                  March
      31, 2010

                	
                  $810,000

                
	
                  June
      30, 2010

                	
                  $810,000

                
	
                  September
      30, 2010

                	
                  $810,000

                
	
                  December
      31, 2010

                	
                  $810,000

                
	
                  March
      31, 2011

                	
                  $810,000

                
	
                  June
      30, 2011

                	
                  $810,000

                
	
                  September
      30, 2011

                	
                  $810,000

                
	
                  December
      31, 2011

                	
                  $810,000

                
	
                  March
      31, 2012

                	
                  $810,000

                
	
                  June
      30, 2012

                	
                  $1,080,000

                
	
                  September
      30, 2012

                	
                  $1,080,000

                
	
                  December
      31, 2012

                	
                  $1,080,000

                
	
                  On
      the Maturity Date

                   

                	
                  The
      amount equal to the unpaid balance of the Delayed Draw Loans then
      outstanding.

                

        

      

    

    

    2. Amendment. Effective
as of the date first above written and subject to Section 3 hereof and
the execution of this Amendment by the parties hereto, the Credit Agreement
shall be and is hereby amended on the terms set forth in Section 1
hereof.

     

    3. Conditions
Precedent.  This Amendment shall become effective as of the
date above written, if, and only if the Administrative Agent has
received

     

    (a) duly
executed originals of this Amendment from the Borrowers, the Lenders and the
Agents; and

     

    (b)  all
fees and amounts due and payable on or prior to the effective date of this
Agreement, including to the extent invoiced, reimbursement or payment of all
out-of-pocket expenses required to be reimbursed or paid by the Borrower
hereunder or under any other Loan Document or related agreement.

     

    4. Representations and
Warranties of the Borrowers.  The Borrowers hereby represent
and warrant as follows:

     

    (a)           This
Amendment, and the Credit Agreement, as amended hereby, constitute legal, valid
and binding obligations of the Borrowers and are enforceable against the
Borrowers in accordance with their terms.

     

    (b)           Upon
the effectiveness of this Amendment, the Borrowers hereby reaffirm all
representations and warranties made in the Credit Agreement, and to the extent
the same are not amended hereby, agree that all such representations and
warranties shall be deemed to have been remade as of the date of delivery of
this Amendment, unless and to the extent that any such representation and
warranty is stated to relate solely to an earlier date, in which case such
representation and warranty shall be true and correct as of such earlier
date.

     

    (c)           As
of the date hereof, and after giving effect to this Amendment, the Borrowers
shall be in compliance with all the terms and provisions set forth in the Credit
Agreement, subject to the amendment set forth herein, on its part to be observed
or performed, and no Event of Default or Default shall have occurred and be
continuing.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    5. Reference to and Effect on
the Credit Agreement.

     

    (a)           Upon
the effectiveness of Section 2 hereof each
reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,”
“herein” or words of like import shall mean and be a reference to the Credit
Agreement as amended hereby, and each reference to the Credit Agreement in any
other document, instrument or agreement shall mean and be a reference to the
Credit Agreement as modified hereby.

     

    (b)           The
Credit Agreement, as amended hereby, and all other documents, instruments and
agreements executed and/or delivered in connection therewith, shall remain in
full force and effect, and are hereby ratified and confirmed.

     

    (c)           Except
as expressly provided herein, the execution, delivery and effectiveness of this
Amendment shall not operate as a waiver of any right, power or remedy of the
Agents or the Lenders, nor constitute a waiver of any provision of the Credit
Agreement or any other documents, instruments and agreements executed and/or
delivered in connection therewith.

     

    6. GOVERNING LAW. THIS
AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE OTHER
REMAINING TERMS OF THE CREDIT AGREEMENT AND THE INTERNAL LAWS (AS OPPOSED TO
CONFLICT OF LAW PROVISIONS) OF THE STATE OF NEW YORK.

     

    7. Paragraph
Headings.  The paragraph headings contained in this Amendment
are and shall be without substance, meaning or content of any kind whatsoever
and are not a part of the agreement among the parties hereto.

     

    8. Counterparts.  This
Amendment may be executed in one or more counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
instrument.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    IN
WITNESS WHEREOF. this Amendment has been duly executed as of the day and year
first above written.

     

    
      	
              THE
      BORROWERS:

            	
              AboveNet, Inc., a
      Delaware corporation

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Joseph P. Ciavarella

            
	 
      	
              Name:

            	
              Joseph
      P. Ciavarella

            
	 
      	
              Title:

            	
              SVP
      and Chief Financial Officer

            

    

    

    
      	 
      	
              AboveNet Communications, Inc.,
      a

            
	 
      	
              Delaware
      corporation

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Joseph P. Ciavarella

            
	 
      	
              Name:

            	
              Joseph
      P. Ciavarella

            
	 
      	
              Title:

            	
              SVP
      and Chief Financial Officer

            

    

    

    
      	 
      	
              AboveNet
      of Utah, LLC,

            
	 
      	
              by
      AboveNet Communications, Inc.,

            
	 
      	
              its
      sole member

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Joseph P. Ciavarella

            
	 
      	
              Name:

            	
              Joseph
      P. Ciavarella

            
	 
      	
              Title:

            	
              SVP
      and Chief Financial Officer

            

    

    

    
      	 
      	
              AboveNet
      of VA, LLC,

            
	 
      	
              by
      AboveNet Communications, Inc.,

            
	 
      	
              its
      sole member

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Joseph P. Ciavarella

            
	 
      	
              Name:

            	
              Joseph
      P. Ciavarella

            
	 
      	
              Title:

            	
              SVP
      and Chief Financial Officer

            

    

    

    
      	 
      	
              AboveNet International, Inc.,
      a Delaware

            
	 
      	
              corporation

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Joseph P. Ciavarella

            
	 
      	
              Name:

            	
              Joseph
      P. Ciavarella

            
	 
      	
              Title:

            	
              SVP
      and Chief Financial Officer

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
              ADMINISTRATIVE
      AGENT:

            	
              SOCIETE
      GENERALE,

            
	 
      	
              as
      Administrative Agent

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Elaine Khalil

            
	 
      	
              Name:

            	
              Elaine
      Khalil

            
	 
      	
              Title:

            	
              Managing
      Director

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
              DOCUMENTATION
      AGENT:

            	
              CIT
      LENDING SERVICES

            
	 
      	
              CORPORATION,

            
	 
      	
              as
      Documentation Agent

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Anthony Holland

            
	 
      	
              Name:

            	
              Anthony
      Holland

            
	 
      	
              Title:

            	
              Vice
      President

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
              LENDERS:

            	
              SOCIETE
      GENERALE,

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Elaine Khalil

            
	 
      	
              Name:

            	
              Elaine
      Khalil

            
	 
      	
              Title:

            	
              Managing
      Director

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	 
      	
              CIT
      LENDING SERVICES CORPORATION

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Anthony Holland

            
	 
      	
              Name:

            	
              Anthony
      Holland

            
	 
      	
              Title:

            	
              Vice
      President

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	 
      	
              SUNTRUST
      BANK

            
	 
      	 
      
	 
      	
              By:

            	
               /s/
      Michael Silverman

            
	 
      	
              Name:

            	
              Michael
      Silverman

            
	 
      	
              Title:

            	
              Managing
      Director

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