Document:

e60260268ex10_2.htm

    Exhibit 10.2

    
 

    THESTREET.COM,
INC.

    

    AGREEMENT
FOR GRANT

    OF

    RESTRICTED
STOCK UNITS

    

    

    

                April 9,
2008

    James J.
Cramer

    TheStreet.com,
Inc.

    New York,
NY 10005

    

    Dear
Jim:

    

    This letter (the “Letter”) sets forth the terms and
conditions of the grant of the restricted stock unit hereby awarded to you by
TheStreet.com, Inc. (the “Company”),
in accordance with the provisions of the Company's 2007 Performance Incentive
Plan (the “Plan”).

     

    The award granted hereunder shall be
referred to as Restricted Stock Units (or “RSUs”) and
is subject to the terms and conditions set forth in the Plan, any rules and
regulations adopted by the Board of Directors of the Company or the committee of
the Board that administers the Plan (collectively, the “Committee”),
and this Letter.  The provisions of the Plan are hereby incorporated
by reference, and any term used in this Letter and not defined shall have the
meaning set forth in the Plan.

    

    
      	
               
      

            	
              1.

            	
              Grant
      of Restricted Stock Units

            

    

    

    (a)           You
have been granted 300,000 Restricted Stock Units.  Each Restricted
Stock Unit represents the right to receive one share of the Company’s Common
Stock (“Common
Stock”) on the applicable vesting date for such Restricted Stock
Unit.  No Restricted Stock Unit may be sold, transferred, assigned,
pledged or otherwise encumbered by you, except pursuant to the laws of descent
and distribution.

    

    (b)           Until
such time as stock certificates for the shares of Common Stock represented by
the Restricted Stock Units have been delivered to you in accordance with Section
4 below, you shall have none of the rights of a stockholder with respect to the
Common Stock.  However, this grant includes the grant of dividend
equivalents with respect to your RSUs.  The Company will maintain a
bookkeeping account to which it will credit, whenever cash dividends are paid on
the Common Stock, an amount equal to the amount of the dividend paid on a share
of Common Stock for each of your then-outstanding RSUs covered by this
Letter.  The accumulated dividend equivalents will vest on the
applicable vesting date for the RSU with respect to which such dividend
equivalents were credited, and will be paid in cash at the time a stock
certificate evidencing the shares represented by such vested RSU is delivered to
you.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              2.

            	
              Vesting
      of Restricted Stock Units

            

    

    

    Your RSUs
will become vested with respect to the following number(s) of shares of Common
Stock on the following date(s) as set forth below, provided that you are in the
Service (as defined below) of the Company or one of its subsidiaries on such
date:

    

    
      	
              Date

               

            	
              Number
      of Shares of Common Stock

               

            
	
              January
      1, 2009

            	
              60,000

            
	
              January
      1, 2010

            	
              60,000

            
	
              January
      1, 2011

            	
              60,000

            
	
              January
      1, 2012

            	
              60,000

            
	
              January
      1, 2013

            	
              60,000

            

    

    

    For
purposes hereof, you shall be considered to be in the "Service"
of the Company or one of its subsidiaries if you are a common law employee of
the Company (or one if its subsidiaries, as applicable).  If your
Service terminates for any reason other than under the circumstances described
in Section 3(b) of this Letter, the RSUs granted to you which have not vested
shall be forfeited upon such termination of Service.

    

    
      	
               
      

            	
              3.

            	
              Accelerated
      Vesting in Certain Events; Special
Rule

            

    

    

    (a)           Notwithstanding
Section 2 of this Letter, in the event of the occurrence of a Change of Control
prior to the termination of your Service for any reason, your then unvested RSUs
will vest and become payable ratably over 36 months beginning at the end of the
calendar month in which the Change of Control is consummated, and each month end
thereafter, provided that you are in the Service of the Company or one of its
subsidiaries on each such vesting date; provided, that at no time shall your
vested interest in the RSUs be less than it would have been had a Change of
Control not occurred.  For purposes of this Letter, “Change of
Control” shall mean a “Change of Control” under the employment agreement between
you and the Company, dated as of January 1, 2008 (the “Employment
Agreement”).

    

    (b)           If
your Service is terminated by the Company without “Cause” or by you for “Good
Reason” (each as defined in the Employment Agreement), then your entire interest
in the RSUs shall vest 100% immediately and be paid to you promptly (no later
than five (5) business days) following such termination.

    

    
      	
                              
      4.  

            	
              Delivery
      of Common Stock

            

    

     

    Except as
provided in Section 9(c) and 9(d) of this Letter, upon the vesting of your RSUs
pursuant to Section 2 or 3 above, a certificate for the shares of Common Stock
represented by your vested RSUs shall be registered in your name and delivered
to you on each of the applicable vesting dates set forth in Section 2 or
3.  Common Stock delivered upon the vesting of your RSUs will be fully
transferable (subject to any applicable securities law restrictions) and not
subject to forfeiture, and will entitle the holder to all rights of a
stockholder of the Company.

     

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    5.           Income
Tax Withholding

    

    You will
be required to pay, pursuant to such arrangements as the Company may establish
from time to time, any applicable federal, state and local withholding tax
liability at the time that the value of the RSUs and/or related dividend
equivalents becomes includable in your income.  Notwithstanding the
foregoing, unless you instruct the Company otherwise at least five business days
prior to a vesting date, the Company shall effect all required tax withholding
by withholding Common Stock (or other property or cash) otherwise distributable
hereunder.

    

    
      	
               
      

            	
              6.

            	
              No
      Guarantee of Continuation of
Service

            

    

    

    This
grant of Restricted Stock Units does not constitute an assurance of continued
Service for any period or in any way interfere with the Company’s right to
terminate your Service or to change the terms and conditions of your
Service.

    

    7.           Administration

    

    The
Committee has the sole power to interpret the Plan and this Letter and to act
upon all matters relating this grant.  Any decision, determination,
interpretation, or other action taken pursuant to the provisions of the Plan and
this Letter by the Committee shall be final, binding, and
conclusive.

    

    8.           Amendment

    

    (a)           The
Committee may from time to time amend the terms of this grant in accordance with
the terms of the Plan in effect at the time of such amendment, but no amendment
which is unfavorable to you can be made without your written
consent.

    

    (b)           The
Plan is of unlimited duration, but may be amended, terminated or discontinued by
the Board of Directors of the Company at any time.  However, no
amendment, termination or discontinuance of the Plan will unfavorably affect
this grant.

     

    (c)           Notwithstanding
the foregoing, the Committee expressly reserves the right to amend the terms of the
Plan and this grant without your consent to the extent it determines that such
amendment is necessary or desirable for compliance with Section 409A of the
Code, subject however to the right provided in your Employment Agreement to
require the Company to make commercially reasonable adjustments requested by you
in a manner which maintain the basic financial provisions of the Employment
Agreement, for the purposes of avoiding the application of, or otherwise to
comply with the provisions of, Section 409A of the Code.  It is
intended that the RSUs evidenced hereby shall not constitute “deferred
compensation” within the meaning of Section 409A.  However, the
Company makes no representation as to the tax treatment of your RSUs and
expressly disclaims any liability therefor.

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    9.           Miscellaneous

    

    (a)           The
invalidity or unenforceability of any provision of this Letter shall not affect
the validity or enforceability of any other provision of this Letter, and each
other provision of this Letter shall be severable and enforceable to the extent
permitted by law.

    

    (b)           The
terms of this Letter shall be binding upon and inure to the benefit of the
Company, its successors and permitted assigns, and of you and your
beneficiaries, executors, administrators, heirs and successors.

    

    (c)           The
Company shall be required to make an equitable adjustment to the RSUs, as to the
number of shares of Common Stock, or as to the kind of securities, property or
cash deliverable in satisfaction of this award, in order to recognize the impact
of a stock split, stock dividend or any other event or occurrence of the kind
provided in Section 4.4 of the Plan.  For the avoidance of doubt, the
Company shall be required to make an equitable adjustment in the event of a
distribution on Common Stock (other than cash dividends, which are covered by
Section 1(b)).  Section 9(d) provides special rules as to equitable
adjustments to be made in specific circumstances.

    

    (d)           Notwithstanding
Section 9(c):  (i) if in connection with a Change of Control the
Common Stock is converted into cash, securities or other property or a
combination thereof (“Merger Consideration”), regardless of whether the Company
is the surviving corporation in such transaction, then following the
consummation of such Change of Control you will be entitled to receive, in lieu
of each share of Common Stock subject to your unvested RSUs, such Merger
Consideration as is received by shareholders of the Company with respect to one
share of Common Stock in connection with such Change of Control; and (ii) in the
event the RSUs are paid in cash in connection with a Change of Control, the
Company shall pay you interest in respect of the 36-month payment period
described in Section 3(a), and such interest shall be paid at the prime rate
offered by the Company’s leading principal lending institution, as in effect
from time to time.

    

    (e)           If
a right to fractional shares otherwise deliverable to you is cancelled, your
right to such fractional shares shall be paid in cash.

    

    ______________________

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    This
Letter contains the formal terms and conditions of your award and accordingly
should be retained in your files for future reference.  The Company
may require you to provide evidence of your acknowledgment of this letter using
such means of notification as may be communicated to you by the Company or its
service provider.

    

    
      	 
      	
              Very
      truly yours,

            
	 
      	 
      
	 
      	
              THESTREET.COM,
      INC.

            
	 
      	 
      
	 
      	 
      
	 
      	
              By:

            	 
      /s/ Thomas J. Clarke, Jr.
	 
      	 
      	
              Thomas
      J. Clarke, Jr.

            
	 
      	 
      	
              Chief
      Executive Officer

            

    

    

    

    
      	
              AGREED
      TO AND ACCEPTED:

            
	 
      
	 
      
	                                           
      /s/ James J. Cramer
	
              James
      J. Cramerex10_1.htm

    
      

    

    
      Exhibit
10.1

    

    

    SEPARATION
AGREEMENT

    

    

    THIS SEPARATION AGREEMENT is made and
entered into as of the 8th day of April, 2008 (“Effective Date”) by and between
CONCURRENT COMPUTER CORPORATION, a Delaware corporation (“Concurrent”), and T.
GARY TRIMM (“Trimm”).

    

    W I T N E
S S E T H :

    

    WHEREAS, Trimm and Concurrent entered
into an Employment Agreement on June 24, 2004 and such agreement was amended on
August 8, 2006 (“Employment Agreement”);

    

    WHEREAS, upon a voluntary termination
by Trimm under the Employment Agreement, he is entitled to continue to receive
his salary and any accrued and due bonus payments under the Employment Agreement
only through the date of his voluntary termination and any other rights and
benefits he may be entitled to under Concurrent’s employee benefit plans as of
such date;

    

    WHEREAS, Trimm for personal reasons
desires to resign from his position as Chief Executive Officer and as a member
of Concurrent’s Board of Directors but has agreed to a flexible timetable
pending the search for a new Chief Executive Officer and to assist in the
transition to a new Chief Executive Officer;

    

    WHEREAS, Concurrent’s Board of
Directors desires to provide Trimm with a transition package so that he can
transition his position and develop and execute a communication plan to his
direct reports and others to maintain continuity and momentum for Concurrent
during the transition period; and

    

    WHEREAS, Concurrent and Trimm
acknowledge and agree that (except as previously stated) Trimm is not entitled
to compensation and benefits under his Employment Agreement when he voluntarily
resigns as Chief Executive Officer and that the compensation and benefits
payable under this Separation Agreement is compensation and benefits which Trimm
is not otherwise entitled to receive under his Employment
Agreement;

    

    WHEREAS, Concurrent and Trimm desire
for Trimm to execute a release of claims;

    

    NOW, THEREFORE, in consideration of the
premises and mutual covenants contained herein and for other good and valuable
consideration, Concurrent and Trimm agree as follows:

    

    1.           Effective
immediately upon a new Chief Executive Officer assuming his duties (the
“Resignation Date”), Trimm hereby resigns his position as Chief Executive
Officer (and any other positions he currently holds with Concurrent and its
affiliates) and as a member of Concurrent’s Board of Directors, Trimm will
remain an employee (but not an officer) of Concurrent until the close of
business on May 2, 2008 at the rate of salary in effect on the Effective Date,
at which time he will incur a separation from service from Concurrent within the
meaning of Internal Revenue Code (“Code”) § 409A.

    

    2.           Upon
Trimm’s separation from service, Trimm’s compensation and benefits shall be as
set forth in this Separation Agreement and shall be payable to Trimm conditioned
upon (i) Trimm’s full and complete compliance with the terms of this Agreement,
including those obligations set forth in paragraphs 8, 9, and 11, and
(ii) Trimm’s execution of and compliance with a Full and Final Release of
Claims in substantially the same form as set forth in Exhibit A to this
Agreement (regardless of whether such terms are otherwise deemed enforceable)
after May 2, 2008 and before May 22, 2008.

    

    3.           Immediately
following his separation from service, Trimm will serve as a consultant to
Concurrent and in his role as a consultant will be available to the new Chief
Executive Officer and the Board of Directors to consult on technical matters,
customer relations, employee relations, strategic issues or any other matters
pertinent to the success of Concurrent when requested by the new Chief Executive
Officer and the Board of Directors.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    (i)           As
a consultant, Trimm will be paid a retainer fee of $10,000 per calendar month
(less applicable withholding) on the last day of each calendar month for twelve
(12) months beginning in May 2008 and ending in April 2009

    

    (ii)            Beginning
in May 2009, Trimm will be entitled to a monthly retainer fee of $5,000 per
calendar month (less applicable withholding) payable on the last day of each
calendar month for eighteen (18) months and the last such payment shall be made
on October 31, 2010.

    

    (iii)           If
Trimm dies before all retainer payments under this § 3 have been paid, any
remaining retainer payments shall continue to be made to Trimm’s estate at such
time and in the same amounts as such payments would have been paid to Trimm had
he survived.

    

    4.           Any
amounts owed to Trimm under the Concurrent annual incentive plan for
Concurrent’s 2008 fiscal year (ending June 30, 2008) will be calculated as of
the end of such fiscal year and will be prorated based on the number of days
Trimm served as Chief Executive Officer during the 2008 fiscal
year.  Such amount (less applicable withholding) will be paid to Trimm
at the same time as payments are made to employees of Concurrent and no later
than August 31, 2008.

    

    5.           Except
as described in this §5, Concurrent will continue coverage for Trimm and his
eligible dependents under the Concurrent hospitalization and medical plan during
the period beginning on the date Trimm separates from service and continuing
through the date Trimm reaches age 65 (“Coverage Period”).  In order
to obtain the coverage, Trimm must pay the employee premium that would be
Trimm’s responsibility if he was still employed.  However, Concurrent
and Trimm recognize that under certain situations Concurrent may not be able to
provide coverage under the Concurrent hospitalization and medical plan to Trimm
and his eligible dependents for the entire Coverage Period.  To the
extent Concurrent cannot provide such coverage, Concurrent will assist Trimm in
obtaining coverage under other plans or arrangements wherein Concurrent can
obtain group rates or other financial advantages for Trimm.  To the
extent such other coverage is not available, Concurrent will (in full
satisfaction of its obligations under this §5) pay the Economic Equivalent in
cash to Trimm on the first day of each calendar month during the Coverage Period
for which such coverage is not available.  For purposes of this
paragraph, “Economic Equivalent” shall mean the cost to Concurrent (determined
at the time Concurrent ceases to cover Trimm under the Concurrent
hospitalization and medical plan) for coverage under such plan for an employee
covered under such plan (reduced by the amount which is the employee’s
responsibility in accordance with the applicable plan document).  The
amount paid to Trimm as the Economic Equivalent will be “grossed-up” (that is,
Trimm will be paid any additional amount necessary to make Trimm whole for
additional income taxes, if any, incurred by Trimm on cash amounts paid to him
pursuant to this paragraph).

    

    6.           As
of the Effective Date, Trimm has only the stock options and restricted stock
awards listed on Exhibit B to this Separation Agreement
(“Awards”).  Notwithstanding any contrary provision of an Award, each
Award hereby is amended as follows effective as of the Resignation
Date:

    

    a.           To
the extent the Award is not fully vested or restrictions have not lapsed as of
the Resignation Date, Trimm will continue to vest and restrictions will lapse in
accordance with the schedule for such Award set forth in Exhibit B while he
continues to serve as a consultant for Concurrent, and such Award will fully
vest or restrictions will fully lapse on the earliest of (i) the date for
vesting or lapse of restrictions in the applicable schedule set forth in Exhibit
B, (ii) the date of a change in control (as defined in the Concurrent Computer
Corporation Second Amended and Restated 2001 Stock Option Plan) or (iii) October
31, 2010; provided Trimm continues to perform services as a consultant through
the applicable date.

    

    b.           Each
Award which is a stock option shall be exercisable by Trimm (or upon his death,
by the person designated to exercise such stock option Award after death under
the applicable plan document) until the earlier of (i) February 28, 2011, (ii)
the date the Award would otherwise cease to be exercisable by its terms (as
determined without regard to Trimm’s separation from service) or (iii) the date
which is 180 days after Trimm’s death.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    Except
for the vesting, lapse of restrictions and exercise period changes as set forth
in this § 6, each such Award shall remain in full force and effect in
accordance with its terms as in effect before the Resignation Date.

    

    7.           Trimm
shall be reimbursed by Concurrent for any out of pocket expenses he incurs while
performing services as a consultant, provided such reimbursements are made by
Concurrent in accordance with Concurrent’s standard expense reimbursement policy
for Concurrent’s employees, but in no event shall any cost or expense be
reimbursable to Trimm after the end of the calendar year immediately following
the calendar year in which he incurs such cost or expense even if reimbursement
was permissible at a later date under Concurrent’s policy.  The
expenses paid by Concurrent during any taxable year of Trimm will not affect the
expenses paid by Concurrent in another taxable year.  This right to
reimbursement is not subject to liquidation or exchange for another
benefit.

    

    8.           Trimm
agrees that during his employment and for the period beginning on the date of
his resignation from employment through October 31, 2010, he shall
not:

    

    a.           engage
in or provide any services in a senior managerial capacity to or on behalf of
any person or entity that competes with Concurrent in the “real time” or
“video-on-demand” businesses anywhere in the continental United States, which
Trimm agrees is the primary geographic area in which Concurrent competes in
these businesses and thus, by virtue of his responsibilities and position as a
senior executive with Concurrent;

    

    b.           solicit
or attempt to solicit, for the purpose of competing with Concurrent in its “real
time” or “video-on-demand” businesses, any customers or active prospects of
Concurrent with whom Trimm had any material business contact during the final
twelve months of his employment and during his service as a consultant;
or

    

    c.           recruit
or otherwise seek to induce any employees of Concurrent to terminate their
employment or violate any agreement with Concurrent.

    

    9.           Trimm
agrees that he will not use for his own benefit nor reveal to any person or
entity any of the trade’s secrets of Concurrent for so long as they remain trade
secrets.  Trade secrets shall be defined as set forth in the Georgia
Trade Secrets Act.  Trimm further agrees that during the period of his
employment, his engagement as a consultant, and for a period of three years
following his engagement as a consultant, he shall not reveal to any person or
entity nor use for his own personal gain, any Confidential Information of
Concurrent.  “Confidential Information” shall be deemed to include
Concurrent’s technical, financial, and business information generally considered
by Concurrent to be confidential and which Concurrent takes reasonable steps to
keep confidential, unless such Confidential Information becomes publicly
available through no fault of Trimm or unless it is disclosed by Concurrent to
third parties without similar restrictions.  Further, Trimm agrees
that any documents, disks, databases, notes or memoranda prepared by him or
others containing trade secrets and/or confidential information of Concurrent
shall be and remain the sole and exclusive property of Concurrent and that upon
termination of Trimm’s engagement as a consultant, he will immediately deliver
all such materials, including all copies, to Concurrent at its main
office.

    

    10.           This
Agreement shall be binding upon and inure to the benefit of Concurrent or any
corporation or other entity to which Concurrent may transfer all or
substantially all of its assets and business and to which Concurrent may assign
this Agreement, in which case all references to Concurrent shall be deemed to
include such corporation or entity.  Trimm may not assign this
Agreement or any part thereof without the prior written consent of Concurrent,
which consent may be withheld by Concurrent for any reason it deems appropriate;
provided, however, that nothing herein shall preclude Trimm from designating one
or more beneficiaries to receive any amount that may be payable following the
occurrence of his legal incompetency or his death and shall not preclude the
legal representative of his estate from assigning any right hereunder to receive
any amount that may be payable to the person or persons entitled thereto under
his will or, in the case of intestacy, to the person or persons entitled thereto
under the laws of intestacy applicable to his estate.  The term
“beneficiaries” as used in this Agreement shall mean a beneficiary or
beneficiaries so designated to receive any such amount or if no beneficiary has
been so designated the legal representative of Trimm (in the event of his
incompetency) or his estate.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    11.           Trimm
agrees that if during his employment, his engagement as a consultant, and for a
period of three years following the conclusion of his services as a consultant,
he makes or discovers, either alone or with others, any inventions,
modification, development, improvement, process or secret, whether or not
patented or patentable (collectively “inventions”) in the field of computer
science or instrumentation, he will disclose in reasonable detail the nature of
such invention to Concurrent in writing, and if it relates to the business of
Concurrent or any of the products or services being developed, manufactured or
sold by Concurrent, such invention and the benefits thereof shall immediately
become the sole and absolute property of Concurrent provided that Concurrent
notifies Trimm in reasonable detail within ninety (90) days after receipt of his
disclosure of such invention that it believes such invention relates to the
business of Concurrent or any of the products or services being developed,
manufactured or sold by Concurrent.  Trimm further agrees to transfer
such inventions and benefits and rights resulting from such inventions to
Concurrent without compensation and will communicate without cost, delay or
prior publications all available information relating to the inventions to
Concurrent.  At Concurrent’s expense, Trimm will also sign all
documents (including patent applications if any) and do all acts and things that
Concurrent may deem necessary or desirable to effect the full assignment to
Concurrent of his rights and title to the inventions or necessary to defend any
opposition thereto.  Trimm also agrees to assign to Concurrent all
copyrights and reproduction rights to any materials prepared by him in
connection with his employment with and consulting services to
Concurrent.

    

    12.           In
addition to any and all remedies of law, Concurrent shall also have a right to
an injunction, specific performance and other equitable relief as may be
appropriate to prevent or cease the violation or threatened violation of Trimm’s
obligations under this Agreement.

    

    13.           This
Separation Agreement shall be deemed a contract made under, and for all purposes
shall be construed in accordance with, the laws of the State of Georgia (without
reference to the principles of conflicts of law).

    

    14.           This
Separation Agreement, contains all of the understandings and representations
between the parties hereto pertaining to the subject matter hereof and
supersedes all undertakings and agreements, whether oral or in writing
previously entered into by them with respect thereto (including, without
limitation, the Employment Agreement) except for the restricted stock agreements
and stock option agreements covering the Awards in § 6 (which shall remain in
full force and effect except as amended by § 6).

    

    15.           All
payments required to be made by Concurrent hereunder to Trimm or his estate or
beneficiaries, shall be subject to withholding of such amounts as Concurrent may
reasonably determine it should withhold pursuant to any applicable law or
regulation.

    

    16.           Concurrent
intends that all payments made to Trimm within the first six months after his
separation from service on May 2, 2008, are exempt from § 409A of the Code as a
short term deferral.  To the extent any other payments under this
Separation Agreement are subject to § 409A of the Code, Trimm and Concurrent
intend all such payments under this Separation Agreement to comply with the
requirements of such section, and this Separation Agreement shall, to the extent
practical, be operated and administered to effectuate such intent.

    

    17.           Except
as described in this Separation Agreement, Trimm’s eligibility for, coverage
under, and participation in all retirement, savings, welfare, fringe benefit,
compensation and bonus plans shall terminate on his separation from
service.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    18.           It
is the intent of the parties that the provisions of this Separation Agreement
shall be enforced to the fullest extent permitted by law. Accordingly, if any
particular section(s), subsection(s) or portion(s) of this Separation Agreement
shall be held invalid or unenforceable as written, such section(s),
subsection(s) or portion(s) shall be modified to the extent necessary to be
valid or enforceable.  Such modification shall not affect the
remaining provisions of this Separation Agreement.  To the extent any
section(s), subsection(s) or portion(s) of this Separation Agreement are found
invalid or unenforceable and cannot be modified to be valid or enforceable, then
the Separation Agreement shall be construed as if that section(s), subsection(s)
or portion(s) were deleted, and all remaining terms and provisions shall be
enforceable in law or equity in accordance with their terms.

    

    19.           This
Separation Agreement may be signed in counterpart and each counterpart shall
have the same force and effect as though the signatures were contained in a
single document. Facsimile signatures shall also have the same force and effect
as original signatures.

    

    20.           No
amendments or modifications of this Separation Agreement shall be valid or
binding upon the Parties unless made in writing and signed by the Parties
hereto.

    

    IN
WITNESS WHEREOF, the parties hereto have executed this Separation Agreement as
of the 8th day of April, 2008.

    

    

    
      	 
      	
              CONCURRENT
      COMPUTER CORPORATION

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              BY:

            	
              /s/ Kirk L. Somers

            
	 
      	 
      	
              Kirk
      L. Somers

            
	 
      	 
      	
              Executive
      Vice President and General Counsel

            
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
              /s/ T. Gary Trimm

            
	 
      	
              T.
      GARY TRIMM

            

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    EXHIBIT
A

    

    

    FULL AND FINAL RELEASE OF
CLAIMS

     

     

    THIS FULL AND FINAL RELEASE OF CLAIMS
(“RELEASE”) is made and entered into as of the ____ day of May, 2008
between Concurrent Computer Corporation, a Delaware corporation (“Concurrent”)
and T. Gary Trimm (“Trimm”).

    

    W
I T N E S S E T H:

    

    WHEREAS, Trimm and Concurrent
have entered into a Separation Agreement on the 8th day of April, 2008
(“Separation Agreement”) to address certain compensation and benefits to be paid
to Trimm upon his separation from service from Concurrent;

    

    WHEREAS, this Release is
attached to such Separation Agreement and is a part of such
agreement;

    

    WHEREAS, compensation and
benefits payable to Trimm in accordance with the Separation Agreement are
conditioned upon Trimm’s full and complete compliance with the terms of the
Separation Agreement and with the terms of this Release

     

    NOW,
THEREFORE, in consideration
of the foregoing and the mutual covenants and agreements herein contained, and
intending to be legally bound hereby, the parties hereby agree as
follows:

     

    

    1.           General Release by
Trimm:  Trimm, on his own behalf and on behalf of (as
applicable) his spouse, heirs, successors and assigns, does hereby release and
forever discharge Concurrent, all its partners, parents, subsidiaries,
affiliated entities, and its and their successors, assigns, directors, officers,
representatives, employees, agents, members, shareholders, attorneys, insurers,
employee benefit plans or programs (and the trustees, administrators,
fiduciaries and insurers of such plans or programs) and any other person acting
by, through, under, or in concert with any of the persons or entities listed in
this section (collectively, the “Concurrent Releasees”) of and from any and all
claims, demands, proceedings, causes of action, orders, obligations, contracts,
agreements, debts and liabilities whatsoever, whether known or unknown,
suspected or unsuspected, anticipated or unanticipated, both at law and in
equity, which Trimm now has, has ever had or may hereafter have against the
respective Concurrent Releasees arising contemporaneously with or prior to the
Effective Time (as defined in § 2) on account of or arising out of any
matter, cause, event, facts, acts, conduct, documents, representations,
omissions, contracts, claims occurring contemporaneously with or prior to the
Effective Time relating to or arising from Trimm’s employment with Concurrent or
termination of employment from Concurrent, specifically including, without
limiting the generality of the foregoing, every matter, cause, thing, act or
omission of the Concurrent Releasees, or any of them, related in any way to or
arising out of federal, state or local laws prohibiting employment
discrimination or claims growing out of legal restrictions on employment
practices, including, but not limited to, any claims arising under the Civil
Rights Act of 1991; Title VII of the Civil Rights Act of 1964, as amended; the
Older Workers Benefit Protection Act; 42 U.S.C. §1981; Executive Order
11246; The Americans with Disabilities Act of 1990; The Family and Medical Leave
Act of 1993; the Fair Labor Standards Act; The Employee Retirement Income
Security Act; and any other federal, state, or local law, statute, ordinance,
constitution or common law, including claims for wrongful discharge, defamation,
loss of consortium, slander, libel, breach of contract, severance pay, or
similar claims, and claims arising from or relating to the Employment Agreement
between Trimm and Concurrent dated June 24, 2004, as amended on August 8,
2006, the Separation Agreement and the Protective Agreement; provided, however,
that nothing herein shall operate to release any claims under applicable
worker's compensation and unemployment compensation statutes or claims for which
a release is prohibited by law.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    2.           Release of Claims Arising
under the ADEA:  In addition to the foregoing, Trimm hereby
knowingly and voluntarily releases and discharges the Concurrent Releasees,
collectively, separately and severally, from and for any and all liability,
claims, allegations, and causes of action arising under the Age Discrimination
in Employment Act of 1967, as amended (“ADEA”), which he and/or his heirs,
administrators, executors, personal representatives, beneficiaries, and assigns
may have or claim to have against the Concurrent Releasees (together with the
claims released in Section 1, above, the “Released
Claims”).  Notwithstanding any other provision or section of this
Release, Trimm does not hereby waive any rights or claims under the ADEA that
may arise after the date on which the Release is signed by him.

     

    Trimm
hereby acknowledges and represents that (i) he has been given a period of at
least twenty-one (21) days to consider the terms of this Release, (ii)
Concurrent has advised (or hereby advises) Trimm in writing to consult with an
attorney prior to executing this Release, and (iii) he has received valuable and
good consideration to which he is otherwise not entitled in exchange for his
execution of this Release.

    

    The
parties hereby acknowledge this Release shall not become effective or
enforceable until the close of business on the seventh (7th) day after it is
executed by Trimm (“the Effective Time”) and that Trimm may revoke his release
of ADEA claims at any time before the Effective Time.

    

    In the
event either Trimm chooses to exercise his option to revoke his release of ADEA
claims, he shall notify Concurrent in writing to its designated agent for this
purpose no later than 5:00 p.m. on the last day of the revocation
period.  Such notice shall be delivered to Concurrent by national
overnight delivery service such as Federal Express or United Parcel Service, the
receipt of which shall be tracked by the delivery service, and addressed as
follows:

     

    Concurrent Computer
Corporation

     

    4375 River Green Parkway

     

    Duluth, GA 30096

     

    Attn: Chairman, Board of
Directors

     

     

    With a copy to:

     

    King & Spalding LLP

     

    1180 Peachtree Street

     

    Atlanta, GA 30309

     

    Attn: Jack Capers

     

     

    Trimm
acknowledges and agrees that he shall not be entitled to any payments or
benefits under the Separation Agreement if he revokes this release of ADEA
claims.

     

    3.           Covenants Not to
Sue:  Trimm represents and covenants that he has not and will
not initiate or voluntarily assist, directly or indirectly, anyone else in the
initiation or prosecution of any complaint, grievance, action, claim, or lawsuit
against any of the Concurrent Releasees relating to any Released Claim.  Concurrent
and Trimm agree that the Covenants Not to Sue do not prevent or prohibit Trimm
from seeking a judicial determination of the validity of his release of claims
under the ADEA, and that the Covenants Not to Sue do not prevent the filing of
any administrative complaint or charge on his behalf against the Concurrent
Releasees or any of them by any federal, state or local agency, including, for
instance, the U.S. Equal Employment Opportunity Commission or the U.S.
Department of Labor, but Trimm agrees that by signing this Release, he will have
no right to recover monetary damages or obtain individual relief of any kind in
such proceeding with respect to claims released or waived by this
Release.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    4.           FMLA
Acknowledgments:  Trimm acknowledges and represents that Trimm
(i) has received all leave required under the Family and Medical Leave Act
of 1993, as amended (“FMLA”), and (ii) does not claim that any of the
Concurrent Releasees violated or denied Trimm’s rights under the
FMLA.

     

    5.           No Admission of
Liability:  This Release and the Separation Agreement are not
intended to be, and shall not be construed as, any admission of liability or
wrongdoing of any kind by any party.

     

     

    
      	 
      	 
      	
              CONCURRENT
      COMPUTER CORPORATION

            
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      
	
              T.
      Gary Trimm

            	 
      	
              By:

            	 
      
	 
      	 
      	
              Title:

            	 
      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
B

    OPTIONS
AND RESTRICTED STOCK AWARDS

    
      	
              OPTIONS

            

    

    
      	
              GRANT DATE

            	
              TYPE

            	
              NUMBER

            	
              VEST DATE

            	
              EXERCISABLE

            	
              EXPIRES

            	
              STRIKE PRICE

            
	
              7/19/2004

            	
              ISO

            	
              70,422

            	
              7/19/2005

            	
              70,422

            	
              7/19/2014

            	
              $1.42

            
	
              7/19/2004

            	
              ISO

            	
              70,422

            	
              7/19/2006

            	
              70,422

            	
              7/19/2014

            	
              $1.42

            
	
              7/19/2004

            	
              ISO

            	
              70,422

            	
              7/19/2007

            	
              70,422

            	
              7/19/2014

            	
              $1.42

            
	
              7/19/2004

            	
              ISO

            	
              70,422

            	
              7/19/2008

            	 
      	
              7/19/2014

            	
              $1.42

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              7/19/2004

            	
              NQ

            	
              54,578

            	
              7/19/2005

            	
              54,578

            	
              7/19/2014

            	
              $1.42

            
	
              7/19/2004

            	
              NQ

            	
              54,578

            	
              7/19/2006

            	
              54,578

            	
              7/19/2014

            	
              $1.42

            
	
              7/19/2004

            	
              NQ

            	
              54,578

            	
              7/19/2007

            	
              54,578

            	
              7/19/2014

            	
              $1.42

            
	
              7/19/2004

            	
              NQ

            	
              54,578

            	
              7/19/2008

            	 
      	
              7/19/2014

            	
              $1.42

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              6/22/2005

            	
              NQ

            	
              219,010

            	
              6/22/2005

            	
              219,010

            	
              6/22/2015

            	
              $2.15

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              8/14/2006

            	
              ISO

            	
              67,677

            	
              8/14/2009

            	 
      	
              8/14/2016

            	
              $1.35

            
	
              8/14/2006

            	
              ISO

            	
              67,677

            	
              8/14/2010

            	 
      	
              8/14/2016

            	
              $1.35

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              8/14/2006

            	
              NQ

            	
              67,678

            	
              8/14/2007

            	
              67,678

            	
              8/14/2016

            	
              $1.35

            
	
              8/14/2006

            	
              NQ

            	
              67,677

            	
              8/14/2008

            	 
      	
              8/14/2016

            	
              $1.35

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              8/20/2007

            	
              ISO

            	
              6,168

            	
              8/20/2009

            	 
      	
              8/20/2017

            	
              $1.40

            
	
              8/20/2007

            	
              ISO

            	
              6,168

            	
              8/20/2010

            	 
      	
              8/20/2017

            	
              $1.40

            
	
              8/20/2007

            	
              ISO

            	
              71,428

            	
              8/20/2011

            	 
      	
              8/20/2017

            	
              $1.40

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              8/20/2007

            	
              NQ

            	
              71,895

            	
              8/20/2008

            	 
      	
              8/20/2017

            	
              $1.40

            
	
              8/20/2007

            	
              NQ

            	
              65,726

            	
              8/20/2009

            	 
      	
              8/20/2017

            	
              $1.40

            
	
              8/20/2007

            	
              NQ

            	
              65,726

            	
              8/20/2010

            	 
      	
              8/20/2017

            	
              $1.40

            
	
              8/20/2007

            	
              NQ

            	
              466

            	
              8/20/2011

            	 
      	
              8/20/2017

            	
              $1.40

            

    

    

    RESTRICTED
STOCK AWARDS

    
      	
              GRANT DATE

            	
              TYPE

            	
              NUMBER

            	
              RESTRICTIONS

              LAPSE DATE

            	
              RESTRICTIONS

              LAPSED

            	
              REASON

            	
              DATE

            
	
              10/25/2004

            	
              RSA

            	
              23,643

            	
              10/25/2005

            	
              23,643

            	 
      	 
      
	
              10/25/2004

            	
              RSA

            	
              23,643

            	
              10/25/2006

            	
              23,643

            	 
      	 
      
	
              10/25/2004

            	
              RSA

            	
              23,643

            	
              10/25/2007

            	
              23,642

            	 
      	 
      
	
              10/25/2004

            	
              RSA

            	
              23,643

            	
              10/25/2008

            	 
      	 
      	 
      
	
              10/25/2004

            	
              RSA

            	
              15,762

            	
              10/24/2005

            	 
      	
              CANCELLED

            	
              10//24/2005

            
	
              10/25/2004

            	
              RSA

            	
              15,762

            	
              10/24/2006

            	 
      	
              CANCELLED

            	
              10/24/2006

            
	
              10/25/2004

            	
              RSA

            	
              15,762

            	
              10/24/2007

            	 
      	 
      	 
      
	
              10/25/2004

            	
              RSA

            	
              15,761

            	
              10/24/2008

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}]]