SEC Contract Filing

Filing Date: 2019-02-01

Document Content:
<DOCUMENT>
<TYPE>EX-10.16(30)
<SEQUENCE>2
<FILENAME>marthemploymentagreement-x.htm
<DESCRIPTION>EXHIBIT 10.16(30) TOM MAETH EMPLOYMENT AGREEMENT
<TEXT>
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<div><a name="s90930B18265B8270A8AA388B8C4E7DDF"></a></div><div></div><div><br></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#32;LIMELIGHT NETWORKS, INC.</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">TOM MARTH EMPLOYMENT AGREEMENT </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">This Employment Agreement (the &#8220;Agreement&#8221;) is entered into as of January 1, 2019 (the &#8220;Signing Date&#8221;), by and between Limelight Networks, Inc. (the &#8220;Company&#8221;) and Tom Marth (&#8220;Executive&#8221;).</font></div><div style="line-height:120%;padding-left:0px;padding-top:16px;text-align:justify;text-indent:48px;"><font style="padding-top:16px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">1.</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Duties and Scope of Employment</font><font style="font-family:inherit;font-size:12pt;">.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;">&#32;&#32;&#32;&#32;&#32;&#32;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Positions and Duties</font><font style="font-family:inherit;font-size:12pt;">. Effective as of January 1, 2019 (the &#8220;Effective Date&#8221;), Executive will commence service as the Company&#8217;s Senior Vice President, Sales (&#8220;SVP&#8221;). Executive will report to the Company&#8217;s Chief Executive Officer (the &#8220;CEO&#8221;). As of the Effective Date, Executive will render such business and professional services in the performance of his duties, consistent with Executive&#8217;s position within the Company, as will reasonably be assigned to him by the CEO or the Company&#8217;s Board of Directors (the &#8220;Board&#8221;). The period Executive is employed by the Company under this Agreement is referred to herein as the &#8220;Employment Term.&#8221; Executive will be based at home but will spend such time in the Company&#8217;s headquarter office in Arizona, and will travel on Company business to such other locations and for such periods, as may be necessary or appropriate to carry out his responsibilities. Executive&#8217;s existing Independent Contractor Agreement with the Company will terminate as of the Effective Date.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Obligations</font><font style="font-family:inherit;font-size:12pt;">. During the Employment Term, Executive, except as provided in this Agreement, will devote Executive&#8217;s full business efforts and time to the Company and will use good faith efforts to discharge Executive&#8217;s obligations under this Agreement to the best of Executive&#8217;s ability and in accordance with each of the Company&#8217;s written corporate guidance and ethics guidelines, conflict of interests policies, code of conduct and other policies and procedures as the Company may adopt from time to time. For the duration of the Employment Term, Executive agrees not to actively engage in any other employment, occupation, or consulting activity for any direct or indirect remuneration without the prior approval of the CEO (which approval will not be unreasonably withheld); provided, however, that Executive may, without the approval of the CEO, serve in any capacity with any civic, educational, professional, industry or charitable organization, provided such services do not interfere with Executive&#8217;s performance of his obligations to Company, are disclosed in writing to the Company, and are otherwise consistent with the Company&#8217;s policies. Subject to prior approval of the CEO and, in appropriate cases (as determined by the Company) the prior approval of the Audit Committee of the Board (which approval will not be unreasonably withheld), Executive may also serve on the board(s) of for-profit business associations; provided, such participation does not interfere with Executive&#8217;s performance of his obligations to the Company, are disclosed in writing to the Company, are consistent with the terms of Executive&#8217;s employment with the Company (including without limitation the restrictive covenants in the Confidential Information Agreement, as defined in Section 12 below) and are consistent with the Company&#8217;s policies (including without limitation the Company&#8217;s Code of Business Conduct). </font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(c)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;