Document:

ex10_19.htm

    
      

    

    Exhibit
10.19

     

    FORM
OF

    CONSULTING
AGREEMENT

     

    This
Consulting Agreement (“Agreement”),
dated as of __________, 2009, is by and between Grande Communications Networks
LLC, a Delaware limited liability company and successor-in-interest to Grande
Communications Networks, Inc. (the “Company”),
and Roy H. Chestnutt (“Chestnutt”).  In
the event the Transaction (as defined herein) is not consummated, this Agreement
shall be null and void.

     

    RECITALS

     

    WHEREAS, this Agreement shall
become effective contemporaneously with the consummation of the Transaction (the
“Effective
Time”); the transactions contemplated by the Recapitalization Agreement
dated as of August 27, 2009, by and among ABRY Partners VI, L.P., Grande
Communications Networks, Inc., Grande Communications Holdings, Inc., ABRY
Partners, LLC, Grande Investment L.P., and Grande Parent LLC are referred to as
the “Transaction”;

     

    WHEREAS, Chestnutt has served
as Chief Executive Officer of Grande Communications Networks, Inc., pursuant to
the terms of an Employment Agreement, effective as of December 31, 2005, as
amended (the “Employment
Agreement”);

     

    WHEREAS, the Company will
terminate Chestnutt’s employment relationship at the Effective
Time;

     

    WHEREAS, after termination of
such employment relationship, the Company desires to engage the service of
Chestnutt as a consultant and Chestnutt desires to accept such engagement upon
the terms and conditions hereinafter set forth; and

     

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

     

    1.    
       Termination
and Consulting Services.

     

    (a)           The
Company and Chestnutt acknowledge and agree that Chestnutt’s employment with the
Company is terminated by the Company without Cause (as defined in the Employment
Agreement) at the Effective Time pursuant to Section 10(b)(2) of the Employment
Agreement.  As a result, the Company acknowledges and agrees that upon
the Effective Time it will be obligated to commence Severance Pay and Benefit
Continuation (as such terms are defined in the Employment Agreement) to
Chestnutt pursuant to Section 10(b)(5) of the Employment Agreement.

     

    (b)           From
the day following the Effective Time until the 180th day following the Effective
Time (such 180th day, the “Consulting End
Date”, and such period, the “Consulting
Services Period”), Chestnutt shall render such consulting services (the
“Services”)
to the Company as may reasonably be requested by the Company from time to
time.  Notwithstanding anything to the contrary in this Agreement, the
parties intend that the average level of bona fide services to be provided by
Chestnutt during the Consulting Services Period shall be equal to or less than
20% of the average level of the bona fide services provided by Chestnutt during
the 36-month period immediately preceding the Effective
Time.  Chestnutt shall not incur any travel or other expenses in
performing the Services unless approved in advance by the Chief Executive
Officer of the Company.  Chestnutt may engage in other services,
employment or occupation during the Consulting Services Period as long as such
services, employment or occupation are not contrary to the provisions of this
Agreement and do not materially interfere with his duties and obligations
hereunder.  Chestnutt shall comply with all applicable laws in
providing Services and shall provide such Services in accordance with industry
standards.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    2.   
        Payment.  As
consideration for the provision of the Services in accordance with this
Agreement, a lump sum of $112,500 (less payroll taxes and other applicable
withholdings and deductions) (the “Consulting
Bonus”) will be payable to Chestnutt in accordance with and subject to
the terms and conditions of this Section
2.  Payment of the Consulting Bonus under this Section 2 is subject
to execution and delivery of a release executed by Chestnutt on or after the
Consulting End Date on a form prepared by the Company (the “Release”).
The Consulting Bonus will be paid to Chestnutt in a single payment within ten
(10) business days following the eighth (8th) day after Chestnutt signs and
delivers the Release; provided that if Chestnutt revokes the Release within such
eight (8) day period or does not execute and deliver the Release to the Company
within thirty (30) business days after the Consulting End Date, Chestnutt will
not be entitled to any Consulting Bonus under this
Agreement.  Notwithstanding anything in this Agreement to the
contrary, the Company shall have no obligation to make any payment under this
Agreement if (1) Chestnutt is in material breach of Section 11 of the Employment
Agreement; (2) the Company terminates this Agreement for Cause, or (3) Chestnutt
is no longer available to perform Services prior to the Consulting End Date due
to his death or Disability.  For purposes of this Agreement, “Cause”
shall mean (i) the commission by Chestnutt of a felony or a crime involving
moral turpitude or the commission of any other act involving dishonesty,
disloyalty or fraud, (ii) conduct by Chestnutt tending to bring the Company into
substantial public disgrace or disrepute, (iii) failure of Chestnutt to perform
(in any material respect) his obligations under this Agreement or the reasonable
directives of the Chief Executive Officer or the Board, provided, that the Chief
Executive Officer or the Board shall give Chestnutt notice of such failure and
Chestnutt shall have thirty (30) days to cure such failure, which if such
failure is not cured during said thirty (30) day period, the Company shall have
the immediate right to terminate the Services under this Agreement; (iv) gross
negligence or willful misconduct by Chestnutt in providing the Services; or (v)
any substance abuse of Chestnutt in any manner interferes with the performance
of the Services.  For purposes of this Agreement, “Disability”
shall mean Chestnutt has become mentally or physically incapacitated to the
extent that he is unable to perform the Services under this Agreement for a
period of three (3) months, as determined by the Company following consultation
with and the advice of his attending or family physician or other qualified
physician.

     

    3.      
     Independent
Contractor.  Nothing herein contained shall be deemed to create
an agency, joint venture, partnership or franchise relationship between the
parties hereto.  Chestnutt acknowledges that, with respect to the
provision of Services during the Consulting Services Period, he will be an
independent contractor, will not be an agent or employee of the Company or any
affiliated entity, will not be entitled to any Affiliated Entity employment
rights or benefits (except as expressly provided herein) and will not be
authorized to act on behalf of the Company or any affiliated
entity.  Chestnutt further acknowledges and agrees that, with respect
to the provision of Services during the Consulting Services Period, he waives
any and all rights he has, or may have, against the Company or any affiliated
entity under the Employee Retirement Income Security Act of
1974.  Chestnutt shall be solely responsible for any and all tax
obligations of Chestnutt arising from or relating to Section 2 of
this Agreement.  Notwithstanding the above, the Company has the right
to withhold amounts from the payment provided in Section 2 if in fact
the Company determines that it is otherwise obligated to withhold such amounts
under applicable laws.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    4.    
       Cancellation
of Stock Options.  Chestnutt hereby acknowledges receipt of the
Cancellation Notice from the Board of Directors of the Company, whereby the
Board of Directors communicated its intent to terminate all options in
connection with the Transaction pursuant to Section 15(c)(iii) of the Grande
Communications Holdings, Inc. 2000 Stock Incentive Plan.  Chestnutt
further acknowledges and agrees that it is his sole responsibility to exercise
the vested portion of any options under the Plan that he holds by the
Cancellation Date (as defined in the Cancellation Notice) and that any such
vested options that are not so exercised will expire upon the Cancellation
Date.

     

    5.      
     409A. 
Notwithstanding any provision of this Agreement to the contrary, if all or any
portion of the payments and/or benefits under this Agreement are determined to
be have been made upon a separation from service and are determined to be
“nonqualified deferred compensation” subject to Section 409A of the United
States Internal Revenue Code of 1986, as amended (the “Code”), and the
Company determines that Chestnutt is a “specified employee” as defined in
Section 409A(a)(2)(B)(i) of the Code and the final regulations promulgated
thereunder (the “Treasury Regulations”) and other guidance issued thereunder,
then such payments and/or benefits (or portion thereof) shall be paid no earlier
than the first day of the seventh month following Chestnutt’s separation from
service (with the first such payment being a lump sum equal to the aggregate
payments and/or benefits Chestnutt would have received during such six-month
period if no such payment delay had been imposed.)  For purposes of
this Section 5,
“separation from service” will have the meaning as set forth in Section
1.409A-1(h) of the Treasury Regulations, including the default presumptions
thereunder.

     

    6.         
   Parachute
Limitations.  Notwithstanding any other provision of this Agreement
or of any other agreement, contract, or understanding heretofore or hereafter
entered into by Chestnutt with the Company or any affiliate of the Company,
except an agreement, contract, or understanding hereafter entered into that
expressly modifies or excludes application of this paragraph (an “Other
Agreement”), and notwithstanding any formal or informal plan or other
arrangement for the direct or indirect provision of compensation to Chestnutt,
whether or not such compensation is deferred, is in cash, or is in the form of a
benefit to or for Chestnutt (a “Benefit
Arrangement”), if Chestnutt is a “disqualified individual,” as defined in
Section 280G(c) of the Internal Revenue Code of 1986, as amended, (the
“Code”), any payment (or portion thereof) under this Agreement shall not be made
(i) to the extent that such payment, taking into account all other rights,
payments, or benefits to or for Chestnutt under this Agreement, all Other
Agreements, and all Benefit Arrangements, would cause any payment or benefit to
Chestnutt under this Agreement to be considered a “parachute payment” within the
meaning of Section 280G(b)(2) of the Code as then in effect (a “Parachute
Payment”) and (ii) if, as a result of receiving a Parachute Payment, the
aggregate after-tax amounts that Chestnutt would receive from the Company under
this Agreement, all Other Agreements, and all Benefit Arrangements would be less
than the maximum after-tax amount that Chestnutt could receive without causing
any such payment or benefit to be considered a Parachute Payment.  In
the event that the receipt of any such right to payment under this Agreement, in
conjunction with all other rights, payments, or benefits to or for Chestnutt
under any Other Agreement or any Benefit Arrangement would cause Chestnutt to be
considered to have received a Parachute Payment under this Agreement that would
have the effect of decreasing the after-tax amount that Chestnutt would receive
as described in clause (ii) of the preceding sentence, then Chestnutt shall have
the right, in Chestnutt’s sole discretion, to designate those rights, payments,
or benefits under this Agreement, any Other Agreements, and any Benefit
Arrangements that should be reduced or eliminated so as to avoid having the
payment or benefit under this Agreement be deemed to be a Parachute
Payment.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    7.         
   Miscellaneous.

     

    (a)           No
Assignment.  Neither this Agreement nor any right, interest or
obligation hereunder may be assigned (by operation of law or otherwise) by
Employee without the prior written consent of the Company and any attempt to do
so will be void.

     

    (b)           Amendments.  This
Agreement cannot be modified or amended except by a written agreement executed
by all parties hereto.

     

    (c)           Waiver of Provisions;
Remedies Cumulative.  Any waiver of any term or condition of
this Agreement must be in writing, and signed by all of the parties
hereto.  The waiver of any term or condition hereof shall not be
construed as either a continuing waiver with respect to the term or condition
waived, or a waiver of any other term or condition hereof.  No party
hereto shall by any act (except by written instrument pursuant to this Section),
delay, indulgence, omission or otherwise be deemed to have waived any right,
power, privilege or remedy hereunder or to have acquiesced in any default in or
breach of any of the terms and conditions hereof.  No failure to
exercise, nor any delay in exercising, on the part of any party hereto, any
right, power, privilege or remedy hereunder shall operate as a waiver
thereof.

     

    (d)           Survival.  All
provisions of this Agreement which by their terms are intended to survive
termination or expiration of this Agreement shall survive such termination or
expiration in accordance with their terms.

     

    (e)           Severability;
Interpretation.  Any provision of this Agreement that is found
in a final judicial determination by a court of competent jurisdiction to be
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability (but shall
be construed and given effect to the extent possible), without invalidating the
remaining provisions hereof or affecting the validity or enforceability of such
provision in any other jurisdiction.

     

    (f)       
    Governing
Law/Venue.  This
Agreement shall be construed and interpreted in accordance with the laws of the
State of Texas.  The sole and exclusive venue for any dispute arising
out of this Agreement shall be in a court of competent jurisdiction located in
Travis County, Texas.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    (g)           Counterparts.  This
Agreement may be executed in one or more counterparts, each of which will be
deemed an original but all of which together will constitute one and the same
instrument.  This Agreement will become effective when one or more
counterparts have been signed by each party and delivered to the other party,
which delivery may be made by exchange of copies of the signature page by .pdf
or other facsimile transmission.

     

    (h)           Notices.  Any
notice required or permitted to be given under this Agreement shall be deemed
properly given if in writing and personally delivered or mailed by certified
U.S. mail, postage prepaid with return receipt requested, in the case of notices
mailed to Chestnutt, at the address set forth below or, in the case of notices
to the Company, to its principal office at 401 Carlson Circle, San Marcos, Texas
78766, to the attention of its President.

     

    (i)   
        Entire
Agreement.  This instrument contains the entire agreement of
the parties relating to the subject matter hereof and supersedes all prior
agreements and arrangements, both written and oral, with respect to the subject
matter hereof.

     

    [Signature
page follows]

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, the parties have executed this Agreement to be effective for
all purposes as of the Effective Time.

     

    
      	 
      	
              GRANDE
      COMMUNICATIONS NETWORKS LLC

            
	 
      	 
      
	 
      	
              By:

            	 
      	 
      
	 
      	 
      	
              Michael
      L. Wilfley, Chief Financial Officer

            	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      
	 
      	
              Roy
      H. Chestnutt

            
	 
      	 
      	 
      	 
      
	 
      	
              Address:  

            	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      

    

    

     

    Signature
Page to Chestnutt Consulting Agreementex10_20.htm

    
      

    

    Exhibit
10.20

     

    FORM
OF

    RETENTION
BONUS AGREEMENT

     

    This
(“Agreement”)
is entered into by and between you, _______, and Grande Communications Networks
LLC, a Delaware limited liability company and successor-in-interest to Grande
Communications Networks, Inc. (the “Company”), and is
effective as of September 14, 2009 (the “Effective
Date”).  In the event the Grande Communications Transaction (as
defined herein) is not consummated, this Agreement shall be null and
void.

     

    In
consideration of the mutual promises and considerations set forth herein, the
parties agree as follows:

     

    1.          
  RETENTION
BONUS.  If (i) you remain in continuous employment with the
Company through the date that is one hundred eighty (180) days following the
Effective Date (the “Bonus Date”) or (ii)
your employment is terminated without Cause (as defined below) by the Company
after the Effective Date but on or before the Bonus Date (each, a “Bonus Triggering
Event”), the Company will pay you a retention bonus equal to $______
(less payroll taxes and other applicable withholdings and deductions) (the
“Retention
Bonus”), subject to your execution of a release on a form prepared by the
Company (the “Release”). Upon the
occurrence of a Bonus Triggering Event, the Retention Bonus will be paid in a
single payment within ten (10) business days following the eighth (8th) day
after you sign and deliver the Release; provided that if you revoke the Release
within such eight (8) day period or do not execute and deliver the Release to
the Company within thirty (30) business days after the Bonus Triggering Event,
you will not be entitled to any Retention Bonus under this
Agreement.  You are not eligible for the Retention Bonus if you
terminate your employment with the Company prior to the Bonus Date.

     

    2.     
       GRANDE COMMUNICATIONS
TRANSACTION DEFINED.  For purposes of this Agreement, the
“Grande Communications Transaction” means the consummation of the transactions
contemplated by the Recapitalization Agreement dated as of August 27, 2009, by
and among ABRY Partners VI, L.P., Grande Communications Networks, Inc., Grande
Communications Holdings, Inc., ABRY Partners, LLC, Grande Investment L.P., and
Grande Parent LLC.

     

    3.        
    TERMINATION BY DEATH OR
PERMANENT DISABILITY.  In the event of your death or
Disability, your employment will terminate, and neither you nor your estate will
receive the Retention Bonus described above in
Paragraph 1.  “Disability” means if you become mentally or
physically incapacitated to the extent that you are unable to perform the usual
and normal duties of your occupation or involvement in the Company for a period
of three (3) months, as determined by the Company following consultation with
and the advice of your attending or family physician or other qualified
physician.

     

    4.         
   TERMINATION FOR
CAUSE.  If your employment is terminated by the Company for
Cause before or after the Bonus Date, the Company shall not have any other or
further obligations to you under this Agreement and you shall not receive the
Retention Bonus.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    “Cause”
means the occurrence of any of the following events or reasons:

    

    
      	
               
      

            	
              a)

            	
              Commission
      of a felony offense, a misdemeanor punishable by imprisonment, or
      commission by you of any act that the Company considers in its sole
      opinion to be damaging or discrediting the reputation of the
      Company;

            

    

     

    
      	
               
      

            	
              b)

            	
              Your
      commission of any act of dishonesty, fraud, willful misconduct, unlawful
      discrimination or harassment, or
theft;

            

    

     

    
      	
               
      

            	
              c)

            	
              Your
      using for your own benefit any confidential or proprietary information of
      the Company, or willfully or negligently divulging any such information to
      third parties without the prior written consent of the
      Company;

            

    

     

    
      	
               
      

            	
              d)

            	
              Your
      use of illegal substances or drugs or the use, possession, distribution or
      being under the influence of alcohol, illegal substances or drugs in the
      workplace; or

            

    

     

    
      	
               
      

            	
              e)

            	
              The
      determination by the Company that you have failed or refused to comply
      with the policies, standards, regulations, instructions, or directions of
      the Company as they exist as of the Effective Time or as they may be
      modified from time to time.

            

    

     

    5.    
        CONFIDENTIALITY.  The
Company’s obligations under this Agreement are contingent upon your performance
of your obligations set forth in the Release and the obligations as set forth in
the Employee Confidential Information and Invention Assignment Agreement between
you and the Company, if any (the “Confidentiality Agreement”). Any breach of
such obligations under the Release or Confidentiality Agreement will result in
an immediate termination of the Company’s obligation under this Agreement, in
addition to all other remedies available to the Company at law or in equity. You
further agree to hold confidential, and not to disclose to anyone, any
confidential information gained in the course of your employment with the
Company and any of its subsidiaries or affiliates except as necessary and proper
for carrying out your job duties. You also agree to hold confidential, and not
to disclose to anyone, the contents of this Agreement, including its terms and
any monetary consideration paid herein, except as required by lawful subpoena,
for purposes of enforcing this Agreement, to your attorney, or to your tax
advisor.

     

    6.         
   CANCELLATION OF STOCK
OPTIONS.    You hereby acknowledge receipt of the
Cancellation Notice from the Board of Directors of the Company whereby the Board
of Directors communicated its intent to terminate all options in connection with
the Grande Communications Transaction pursuant to Section 15(c)(iii) of the
Grande Communications Holdings, Inc. 2000 Stock Incentive Plan.  You
further acknowledge and agree that it is your sole responsibility to exercise
the vested portion of any options under the Plan that you hold by the
Cancellation Date (as defined in the Cancellation Notice) and that any such
vested options that are not so exercised will expire upon the Cancellation
Date.

     

    7.      
      ENTIRE
AGREEMENT.  You understand and agree that this Agreement
contains and constitutes the entire understanding and agreement between you and
the Company with respect to its subject matter, that all prior agreements and
understandings, written or oral, with respect to the subject matter of this
Agreement are superseded and canceled (except that any prior written agreements
signed by you regarding confidential information and intellectual property will
remain in full force and effect), and that this Agreement may not be modified in
any manner except by a written document signed by all the parties to this
Agreement.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    8.     
       SEVERABILITY OF ANY
UNENFORCEABLE PROVISION.  You understand and agree that if any
provision of this Agreement is held to be unenforceable, such provision shall be
severed from the other remaining provisions of this Agreement and it shall not
affect the validity or enforceability of the remaining provisions.

     

    9.          
  409A.  Notwithstanding
any provision of this Agreement to the contrary, if all or any portion of the
payments and/or benefits under this Agreement upon a termination of employment
are determined to be “nonqualified deferred compensation” subject to Section
409A of the United States Internal Revenue Code of 1986, as amended (the “Code”), and the
Company determines that you are a “specified employee” as defined in Section
409A(a)(2)(B)(i) of the Code and the final regulations promulgated thereunder
(the “Treasury Regulations”) and other guidance issued thereunder, then such
payments and/or benefits (or portion thereof) shall be paid no earlier than the
first day of the seventh month following your termination of employment (with
the first such payment being a lump sum equal to the aggregate payments and/or
benefits you would have received during such six-month period if no such payment
delay had been imposed.)  For purposes of this Section 9, “termination
of employment” shall mean your “separation from service”, as defined in Section
1.409A-1(h) of the Treasury Regulations, including the default presumptions
thereunder.

     

    10.           PARACHUTE
LIMITATIONS.   Notwithstanding any other provision of this
Agreement or of any other agreement, contract, or understanding heretofore or
hereafter entered into by you with the Company or any affiliate of the Company,
except an agreement, contract, or understanding hereafter entered into that
expressly modifies or excludes application of this paragraph (an “Other Agreement”), and notwithstanding any
formal or informal plan or other arrangement for the direct or indirect
provision of compensation to you, whether or not such compensation is deferred,
is in cash, or is in the form of a benefit to or for you (a “Benefit
Arrangement”), if you are a “disqualified individual,” as defined in
Section 280G(c) of the Internal Revenue Code of 1986, as amended, (the
“Code”), any payment (or portion thereof) under this Agreement shall not be made
(i) to the extent that such payment, taking into account all other rights,
payments, or benefits to or for you under this Agreement, all Other Agreements,
and all Benefit Arrangements, would cause any payment or benefit to you under
this Agreement to be considered a “parachute payment” within the meaning of
Section 280G(b)(2) of the Code as then in effect (a “Parachute Payment”)
and (ii) if, as a result of receiving a Parachute Payment, the aggregate
after-tax amounts that you would receive from the Company under this Agreement,
all Other Agreements, and all Benefit Arrangements would be less than the
maximum after-tax amount that you could receive without causing any such payment
or benefit to be considered a Parachute Payment.  In the event that
the receipt of any such right to payment under this Agreement, in conjunction
with all other rights, payments, or benefits to or for you under any Other
Agreement or any Benefit Arrangement would cause you to be considered to have
received a Parachute Payment under this Agreement that would have the effect of
decreasing the after-tax amount that you receive as described in clause (ii) of
the preceding sentence, then you shall have the right, in your sole discretion,
to designate those rights, payments, or benefits under this Agreement, any Other
Agreements, and any Benefit Arrangements that should be reduced or eliminated so
as to avoid having the payment or benefit under this Agreement be deemed to be a
Parachute Payment.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    11.           GOVERNING
LAW/VENUE.  This Agreement shall be construed and interpreted
in accordance with the laws of the State of Texas.  The sole and
exclusive venue for any dispute arising out of this Agreement shall be in a
court of competent jurisdiction located in Travis County, Texas.

     

    12.           EMPLOYMENT
AT-WILL.  Except as explicitly provided in this Agreement, your
employment with the Company is “at will,” and either the Company or you may
terminate the employment relationship at any time, with or without cause, for
any or no reason.

     

    13.           NOTICES.  Any
notice required or permitted to be given under this Agreement shall be deemed
properly given if in writing and personally delivered or mailed by certified
U.S. mail, postage prepaid with return receipt requested, in the case of notices
mailed to Employee, at the address set forth below or, in the case of notices to
the Company, to its principal office at 401 Carlson Circle, San Marcos, Texas
78766, to the attention of its President.

     

    14.           MISCELLANEOUS.

     

    (a)           This
Agreement may be executed in one or more counterparts, each of which will be
deemed an original but all of which together will constitute one and the same
instrument.  This Agreement will become effective when one or more
counterparts have been signed by each party and delivered to the other party,
which delivery may be made by exchange of copies of the signature page by .pdf
or other facsimile transmission.

     

    (b)           The
waiver by any party hereto of a breach of any provision of this Agreement shall
not operate or be construed as a waiver of subsequent breach by any party. The
language of this Agreement shall be construed as a whole, according to its fair
meaning, and shall not be construed strictly for or against either of the
parties.

     

    (c)           Neither
this Agreement nor any right, interest or obligation hereunder may be assigned
(by operation of law or otherwise) by Employee without the prior written consent
of the Company and any attempt to do so will be void.

     

    (d)           All
provisions of this Agreement which by their terms are intended to survive
termination or expiration of this Agreement shall survive such termination or
expiration in accordance with their terms.

     

    [Signature
page follows]

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    BY
SIGNING THIS AGREEMENT, YOU ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTOOD ITS
TERMS AND MEANING, THAT YOU HAVE CONFERRED WITH OR HAD THE OPPORTUNITY TO CONFER
WITH AN ATTORNEY REGARDING THE TERMS AND MEANING OF THIS AGREEMENT, THAT NO
REPRESENTATIONS HAVE BEEN MADE TO YOU TO INDUCE YOU TO SIGN THIS AGREEMENT, AND
THAT YOU HAVE SIGNED THIS AGREEMENT KNOWINGLY AND VOLUNTARILY.

     

    
      	
              COMPANY:

            	 
	 
      	 
      	 
	
              GRANDE
      COMMUNICATIONS NETWORKS LLC

            	 
	 
      	 
      	 
	
              By:

            	 
      	 
	 
      	
              Michael
      L. Wilfley, Chief Financial Officer

            	 
	 
      	 
      	 
	
              Date:

            	 
      	 
	 
      	 
      	 
	
              EMPLOYEE:

            	 
	 
      	 
	 
      	 
      	 
	
              Address:

            	 
      	 
	 
      	 
      	 
	 
      	 
      	 
	 
      	 
      	 
	 
      	 
      	 
	 
      	 
      	 
	
              Date:

            	 
      	 

    

    

     

    Signature
Page to Employee Retention Bonus Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}]]