Document:

First Amendment to Ameded and Restated Employment Agreement - Gregory S. Roth

 Exhibit 10.1 
 FIRST AMENDMENT TO EMPLOYMENT AGREEMENT 
 THIS
First Amendment (“Amendment”) is made and entered into at Knoxville, Tennessee this 11th day of February, 2011, but made effective as of the 11th day of February, 2011 (the “Effective Date”), by and between Team Health, Inc., a Tennessee corporation
(“Company”), and Gregory S. Roth (“Employee”) to amend the Amended and Restated Employment Agreement dated as of November 25, 2009 (“Employment Agreement”) between the parties. 

Capitalized terms used herein without definition have the meaning specified in the Employment Agreement. 

WITNESSETH: 
 WHEREAS, the parties desire to amend the Employment Agreement as provided herein. 
 NOW, THEREFORE, the parties agree as follows: 

1.    The following is added as a new Section 4.10 to the Employment Agreement: 

“4.10 Company Aircraft. To the extent the Company owns or leases on a full-time basis an aircraft for business
use, Employee is entitled to reasonable personal use of aircraft that is leased, owned or maintained by the Company; provided, that such use does not interfere with bona-fide business of the Company. For purposes of this Section, reasonable use
shall include up to forty (40) hours of flight time per year (with unused hours forfeited at the end of each applicable year). The charge for such personal use shall be accounted for consistently with past practices of the Company. Employee
shall not be entitled to any remuneration for unused hours hereunder upon termination of employment or otherwise.” 

2.    Except as expressly amended herein, all terms of the Employment Agreement shall remain in full force and
effect. 
 [SIGNATURES CONTINUED ON NEXT PAGE] 

 IN WITNESS WHEREOF, the parties have executed this Amendment to the Employment Agreement as
of the date first written above. 
  

			
	COMPANY:
	
	TEAM HEALTH, INC.
		
	By:	 	s/ H. Lynn Massingale
		
	Its:	 	Executive Chairman

  

	
	EMPLOYEE:
	
	s/ Greg Roth
	Gregory S. Roth

  
 2Text of Option Amendments

 Exhibit 10.1 
 RESOLVED, that Section 3.1(b) of each of (i) the option agreement for 130,000 options dated March 4, 2011 for Mr. Raymond Laubenthal and (ii) the option agreement for 80,000
options dated March 4, 2011 for Mr. Gregory Rufus, (iii) the option agreement for 80,000 options dated March 4, 2011 for Mr. Robert Henderson, (iv) the option agreement for 70,000 options dated March 4, 2011 for
Mr. James Riley, (v) the option agreement for 65,000 options dated March 4, 2011 for Mr. Bernt Iversen, and (vi) the option agreement for 80,000 options dated March 4, 2011 for Mr. Albert Rodriguez is hereby
deleted and replaced in its entirety as follows: 
 “(b) No portion of the Option which has not become
vested and exercisable at the date of the Participant’s Termination of Services shall thereafter become vested and exercisable, except as follows or as may be otherwise provided by the Administrator: 

If Participant incurs a termination of employment under any of the circumstances described in Section 5(a)(i) (death) of that certain
[reference individual’s Employment Agreement] (the “Employment Agreement”), Section 5(a)(ii) (Disability) of the Employment Agreement, Section 5(a)(iv) (Resignation for Good Reason) of the Employment Agreement
or Section 5(a)(v) (Termination without Cause) of the Employment Agreement, in each such case vesting will continue after termination of employment as provided below: 

 

					
	 Termination Date
	  	Percent of
Remaining
Options That
May Continue to
Vest	 
	 Prior to October 1, 2011
	  	 	0 	% 
	 On or after October 1, 2011 but prior to October 1, 2012
	  	 	20 	% 
	 On or after October 1, 2012 but prior to October 1, 2013
	  	 	40 	% 
	 On or after October 1, 2013 but prior to October 1, 2014
	  	 	60 	% 
	 On or after October 1, 2014 but prior to October 1, 2015
	  	 	80 	% 
	 On or after October 1, 2015
	  	 	100 	% 

 The percentage of remaining Options permitted to vest will be spread ratably over the
performance vesting schedule and time vesting schedule.” 
 RESOLVED, that the following be added to Section 3.3 of each of the option
agreements described in the foregoing two resolutions: 
 “Notwithstanding the foregoing, if any Option vests after the
Participant’s Termination of Services for reasons set forth herein pursuant to Section 3.1 and the Participant has a limit of six months or one year following such Termination of Services to exercise the Option pursuant to paragraph
(d) or (e), the Participant shall have six months after the Option vests to exercise such Option.”Employment Agreement

 Exhibit 10.1 

 

 

 April 30, 2011 
 Michel A. Dagenais 
 4510 Caminito San Sebastian 

Del Mar, CA 92014 
 Dear Mike: 

As you know, it is proposed that RadiSys Corporation (RadiSys) will enter into an Agreement and Plan of Merger by and among RadiSys Corporation,
Continuous Computing Corporation (CCPU) and RadiSys Holdings, Inc. (Merger Agreement). Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), CCPU will become a wholly-owned subsidiary of RadiSys Corporation.
We are extremely pleased to offer you the position of Chief Executive Officer, and a member of our Board of Directors of RadiSys Corporation following the Merger (as defined in the Merger Agreement). You will be reporting to the Board of Directors
of RadiSys and I, as Chairman of the Board of RadiSys Corporation will be working closely with you. Your position will be a 16B Officer of RadiSys and based at our Hillsboro, Oregon location. 
 The terms of this offer letter will become effective at the Effective Time (as defined in the Merger Agreement) and will be of no force or effect prior to such time, or in the event the Merger Agreement
is terminated prior to the consummation of the Merger or in the event this offer letter, the Severance Agreement, or the Change of Control Agreement (as such terms are defined below) are not approved by our Board of Directors and Compensation
Committee prior to the Effective Time. 
 Your initial annualized total target compensation will be $810,000, which is made up of two main
components: a base salary and an incentive compensation plan. 
 Your initial base salary will be $14,807.69 on a biweekly basis, less
reductions required by law, which would be $385,000 annualized. Your initial annual Executive Incentive Plan (Plan) target is $425,000 annually at 100% of Plan payout. 
 Payouts from the Plan are contingent upon the achievement of corporate performance results against RadiSys’ annual operating plan, and your own performance against annual objectives. Payouts from the
Plan are distributed semiannually, generally in February and in August, in accordance with Plan rules. The actual amount paid out from the Plan will vary depending upon the level of corporate performance results and performance to your annual
objectives. You will be eligible to participate for the partial-year period in which you start work, on a pro-rated basis, and you must be an active employee in good standing on the date the bonus is paid to be eligible for Plan payout. 

  
 RadiSys Corporation

 5445 NE Dawson Creek Drive 

Hillsboro, OR 97124 
 Tel: (503)
615-1100 
 Fax: (503) 615-1150 
 www.radisys.com 

 

 

  

 Subject to approval by our Board of Directors, we will provide you with a written severance agreement
which includes provision for twenty-four months of base salary and twelve months company-paid COBRA coverage in case of an involuntary separation of employment other than for cause in substantially the form attached hereto as Exhibit A (Severance
Agreement). We will also provide you with a written change of control agreement which includes provisions for twenty-four months of base salary as severance and vesting of any outstanding equity awards in the case of an involuntary separation of
employment other than for cause within twelve months following a change of control or within three months preceding a change of control in substantially the form attached hereto as Exhibit B (Change of Control Agreement). Payment of any of these
amounts under the Severance Agreement or Change of Control Agreement will be contingent upon your signing of a release agreement. The terms of these agreements will be defined and documented in separate agreements upon your acceptance of the offer
and upon approval by our Board of Directors. 
 In consideration for the amounts you will receive in connection with the proposed merger between
RadiSys Holdings, Inc. (a wholly owned subsidiary of RadiSys Corporation) and CCPU, your current employer, and by signing below, you hereby acknowledge and agree that (i) you understand and have had sufficient opportunity to discuss with
RadiSys your duties and responsibilities and initial compensation which will apply to your employment with RadiSys and (ii) the transition from your current position of employment with CCPU to your new position of employment with RadiSys will
not constitute Good Reason for you to terminate your employment under the terms of any employment agreement between you and CCPU, nor will it constitute a termination without Cause by CCPU. Further, you agree to waive any entitlement to severance
under any CCPU plan, policy, agreement or practice that existed at any time before the closing of the proposed merger and that such waiver shall inure to the benefit of RadiSys, its successors and assigns, and any third parties, including CCPU.

 Upon commencement of employment with RadiSys and subject to approval of our Board of Directors, you will be granted
70,000 stock options. The exercise price of your stock options will be the closing price of the shares on the NASDAQ on the grant date. Your stock options will be exercisable for 1/3 of the total number of option shares on the first anniversary of
the grant date. Thereafter, they will become exercisable for 1/36th of the total number of option shares per month during the term of your employment, with the options fully vested on the third anniversary of the grant date. The options may be exercised at any time after
they become exercisable and until the options expire on the seventh anniversary of the grant date. You will also be eligible to receive, upon commencement of employment with RadiSys and subject to approval by our Board of Directors, a grant of
30,000 restricted stock units (RSUs). Each RSU is the equivalent of one share of our common stock. During the term of your employment, 1/3 of the total RSUs will vest at the completion of one year following the date of grant; an additional 1/3 of
the total RSUs will vest at the completion of two years following the date of grant; and the remaining 1/3 of the total RSUs will vest at the completion of three years following the date of grant. Upon vesting, the RSUs will have immediate value
based on the then current trading price of RadiSys common stock. Specific details regarding your stock option and RSU grants will be provided shortly after you begin employment with RadiSys. 

  
 RadiSys Corporation

 5445 NE Dawson Creek Drive 

Hillsboro, OR 97124 
 Tel: (503)
615-1100 
 Fax: (503) 615-1150 
 www.radisys.com 

 

 

  

 You will also participate in the RadiSys Long-Term Incentive Plan (LTIP). Subject to approval of our
Board of Directors, you are currently targeted to be awarded up to 135,000 restricted shares that will vest upon the achievement of the applicable performance measures under the LTIP. 
 The company offers an Employee Stock Purchase Program (ESPP), which allows you to purchase stock in the company at a discount under specified terms and conditions. 

You will be eligible to participate in all of the comprehensive and market-competitive benefit plans which RadiSys provides at a reasonable cost. The
main benefits include a choice of medical, dental and vision plans; term life insurance of $50,000 or twice your annual base salary (to a maximum coverage amount of $750,000); long-term & short-term disability insurance; and a 401(k) Plan
with a company match of $0.50 on the dollar of the first 6% of pay that you contribute each pay period with the company match vesting over three years. More details regarding the RadiSys benefit plans are available upon hire. 

You will be eligible to participate in our deferred compensation program. 
 RadiSys Corporation is an at-will employer. Either the employee or RadiSys can terminate the employment relationship at any time with or without cause, reason, or notice. 

We are very pleased to extend this offer of employment and excited to have you as part of the RadiSys team. 

We will separately provide for your review the RadiSys Confidentiality, Non-Competition and Assignment of Inventions Agreement and a copy of our
Executive Stock Ownership Policy. 
 Our offer of employment is contingent upon your signing of this offer letter below, successful outcome of
all reference checks, approval of the offer by our Compensation Committee of the Board of Directors prior to the Effective Time, approval of the Severance Agreement and the Change of Control Agreement by our Board of Directors prior to the Effective
Time as well as your satisfactorily passing our regular background check. By signing this letter you also confirm that you have no non-compete, non-solicit or related agreements with any current or previous employer that limit the scope or content
of your work at RadiSys or your ability to accept a position at RadiSys. 
 By signing this letter, you agree that, subject to and contingent
upon the approval of the offer by our Compensation Committee and the approval of the Severance Agreement and the Change of Control Agreement by our Board of Directors prior to the Effective Time, this letter supersedes and replaces any prior
agreements relating to the matters covered by 

  
 RadiSys Corporation

 5445 NE Dawson Creek Drive 

Hillsboro, OR 97124 
 Tel: (503)
615-1100 
 Fax: (503) 615-1150 
 www.radisys.com 

 

 

  

 
this letter, specifically the Amended and Restated Employment Agreement by and between CCPU and you dated December 30, 2008, and that there exist no other agreements between the parties to
this offer letter, oral or written, express or implied, relating to any matters covered by this offer letter. 
 I ask that you sign this letter
and return it to me no later than May 1, 2011. By signing this letter, you acknowledge that you have read and understand the terms set forth in this letter. 

 

	
	Sincerely,
	
	/s/ C. Scott Gibson
	C. Scott Gibson
	Director and Chairman of the Board of Directors

  

					
	Agreed  /s/ Mike Dagenais	  	 	May 1, 2011	  
	              Mike Dagenais	  	 	Date	  

  
 RadiSys Corporation

 5445 NE Dawson Creek Drive 

Hillsboro, OR 97124 
 Tel: (503)
615-1100 
 Fax: (503) 615-1150 
 www.radisys.com

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