SEC Contract Filing

Filing Date: 2020-07-29

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>logm-ex101_52.htm
<DESCRIPTION>EX-10.1
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.1</p>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;border-bottom:Solid 1.5pt;padding-bottom:1pt;margin-top:0pt;text-indent:0%;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:18pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">CONSULTING SERVICES AGREEMENT</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">THIS CONSULTING SERVICES AGREEMENT (the &#8220;Agreement&#8221;) is effective as of August 1, 2020 (the &#8220;<font style="text-decoration:underline;">Effective Date</font>&#8221;) and is by and between <font style="font-weight:bold;color:#000000;">LogMeIn USA, Inc.</font><font style="color:#000000;">,</font> a Delaware corporation with its principal place of business at 320 Summer Street, Boston MA 02210 (the &#8220;<font style="text-decoration:underline;">Company</font>&#8221;), and <font style="font-weight:bold;">Edward K. Herdiech </font>(the &#8220;<font style="text-decoration:underline;">Consultant</font>&#8221;).&nbsp;&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M8"></a>WHEREAS, the Consultant is the former Chief Financial Officer (&#8220;<font style="font-weight:bold;">CFO</font>&#8221;) of the Company;<a name="_DV_M8"></a> and</p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M9"></a><a name="_DV_M9"></a>WHEREAS, the Company desires to provide for an orderly transition of the CFO duties and responsibilities to its new CFO and the Consultant desires to assist the Company in realizing such an orderly transition.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M11"></a>NOW THEREFORE, <font style="color:#000000;">in consideration of the mutual covenants and promises contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the parties hereto, the parties agree as follows:</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_Ref464444434"></a>1.<font style="margin-left:36pt;"></font><font style="text-decoration:underline;color:#000000;">Services</font><font style="color:#000000;">.&nbsp;&nbsp;The Consultant agrees to perform such consulting services for the Company as specified on </font><font style="text-decoration:underline;color:#000000;">Schedule A</font><font style="color:#000000;"> to this Agreement (the &#8220;</font><font style="text-decoration:underline;color:#000000;">Services</font><font style="color:#000000;">&#8221;).&nbsp;&nbsp;</font><font style="text-decoration:underline;color:#000000;">Schedule A</font><font style="color:#000000;"> to this Agreement is incorporated herein by reference and, in the event of any conflict between this Agreement and </font><font style="text-decoration:underline;color:#000000;">Schedule A</font><font style="color:#000000;">, the terms of this Agreement shall govern.&nbsp;&nbsp;</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.<font style="margin-left:36pt;"></font><font style="text-decoration:underline;color:#000000;">Term</font><font style="color:#000000;">.&nbsp;&nbsp;This Agreement shall commence on the Effective Date and shall continue until the earlier of the following: (i) September 30, 2020 (such period, as it may be extended, being referred to as the &#8220;</font><font style="text-decoration:underline;color:#000000;">Consultation Period</font><font style="color:#000000;">&#8221;), unless sooner term