SEC Contract Filing

Filing Date: 2015-11-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>egan-20150930ex1029b2b28.htm
<DESCRIPTION>EX-10.2
<TEXT>
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 <a name="_GoBack"></a><font style="display:inline;font-weight:bold;">EXHIBIT 10.2</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;font-weight:bold;">EGAIN CORPORATION</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;font-weight:bold;">EXECUTIVE CHANGE IN CONTROL SEVERANCE AGREEMENT</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">This Executive Change in Control Severance Agreement (the &#x201C;Agreement&#x201D;) is made</font><font style="display:inline;"> and entered into by and between </font><font style="display:inline;">[&#x25CF;]</font><font style="display:inline;"> (&#x201C;Executive&#x201D;) and </font><font style="display:inline;">eGain Corporation</font><font style="display:inline;"> (the &#x201C;Company&#x201D;), effective as of </font><font style="display:inline;">[&#x25CF;]</font><font style="display:inline;">, 20</font><font style="display:inline;">15</font><font style="display:inline;"> (the &#x201C;Effective Date&#x201D;). </font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">1.</font><font style="display:inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;">T</font><font style="display:inline;">he Company desire</font><font style="display:inline;">s</font><font style="display:inline;"> to provide for the payment of certain benefits in connection with certain terminations of </font><font style="display:inline;">Executive&#x2019;s employment</font><font style="display:inline;"> in connection with a Change in Control (as defined herein) of the Company</font><font style="display:inline;">.</font>
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 <font style="display:inline;">2.</font><font style="display:inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;">Certain capitalized terms used in the Agreement are defined in Section </font><font style="display:inline;">6</font><font style="display:inline;">&nbsp;</font><font style="display:inline;">below. </font>
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 <font style="display:inline;font-weight:bold;">AGREEMENT</font>
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 <font style="display:inline;">NOW, THEREFORE, in consideration of the mutual covenants contained herein, the </font><font style="display:inline;">parties hereto agree as follows: </font>
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 <font style="display:inline;">1.</font><font style="display:inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;text-decoration:underline;">Term of Agreement.</font>
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 <font style="display:inline;">This Agreement has a </font><font style="display:inline;">two (2)</font><font style="display:inline;"> year term from the Effective Date (the &#x201C;Initial Term&#x201D;) and will renew automatically for additional one (1) year terms (each an &#x201C;Additional Term&#x201D;), unless either party provides the other party with written notice of non-renewal at least sixty (60) days prior to the date of automatic renewal.&nbsp;&nbsp;Notwithstanding the foregoing provisions of this paragraph, if a Change in Control occurs when there are fewer than twelve (12) months remaining during the Initial Term or an Additional Term, the term of this Agreement will extend automatically through the date that is twelve (12) months following the effective date of the Change in Control.&nbsp;&nbsp;If Executive becomes entitled to benefits under this Agreement during the Initial Term or any Additional Term, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this Agreement have been satisfied</font><font style="display:inline;">.</font>
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