SEC Contract Filing

Filing Date: 2019-10-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>fsnn_ex101.htm
<DESCRIPTION>EMPLOYMENT AGREEMENT
<TEXT>
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Exhibit 10.1</font></div>
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EMPLOYMENT AGREEMENT</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">THIS
<font style="font-weight: bold">EMPLOYMENT AGREEMENT</font>
(&#x201C;<font style="font-weight: bold; text-decoration: underline">Agreement</font>&#x201D;)
is made and entered into as of the 8th day of October, 2019 (the
&#x201C;<font style="font-weight: bold; text-decoration: underline">Execution
Date</font>&#x201D;) and shall automatically become effective when
it has been approved by the United States Bankruptcy Court for the
Southern District of New York <font style="font-size: 13px">(the
&#x201C;</font><font style="font-weight: bold; text-decoration: underline; font-size: 13px">Effective
Date</font><font style="font-size: 13px">&#x201D;)</font>, by and
between Fusion Connect, Inc., a Delaware corporation (the
&#x201C;<font style="font-weight: bold; text-decoration: underline">Fusion</font>&#x201D;),
and Kevin Brand (the &#x201C;<font style="font-weight: bold; text-decoration: underline">Executive</font>&#x201D;).</font></div>
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W I T N E S S E T H:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">WHEREAS</font>, on June 3, 2019, Fusion and
each of its U.S. subsidiaries (collectively, the
&#x201C;<font style="font-weight: bold; text-decoration: underline">Debtors</font>&#x201D;)
commenced voluntary cases under chapter 11 of title 11 of the
United States Code, 11 U.S.C. &#xA7;&#xA7; 101 et seq.
(&#x201C;<font style="font-weight: bold; text-decoration: underline">Chapter
11</font>&#x201D;), in the United States Bankruptcy Court for the
Southern District of New York (the &#x201C;<font style="font-weight: bold; text-decoration: underline">Bankruptcy
Court</font>&#x201D;), which cases are being jointly administered
under the caption In re Fusion Connect, Inc., et al, Case No.
19-18111 (SMB);</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">WHEREAS</font>, the Debtors filed the
<font style="font-style: italic">Second Amended Joint Plan of
Reorganization of Fusion Connect, Inc. and Its Subsidiary
Debtors</font>, dated as of October 7, 2019 [ECF No. 455] (as it
may be further amended, modified and supplemented from time to
time, the &#x201C;<font style="font-weight: bold; text-decoration: underline">Amended</font><font style="text-decoration: underline">&#xA0;</font><font style="font-weight: bold; text-decoration: underline">Plan</font>&#x201D;)
with the Bankruptcy Court;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">WHEREAS</font>, the Debtors expect the Amended
Plan to be approved by the Bankruptcy Court on or about November 7,
2019, and for the Debtors to emerge from Chapter 11 prior to
December 31, 2019;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">WHEREAS</font>, Executive currently serves as
Senior Vice President, Customer Experience for Fusion and each of
its subsidiaries (collectively, the &#x201C;<font style="font-weight: bold; text-decoration: underline">Companies</font>&#x201D;);</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">WHEREAS</font>, Fusion wishes to promote
Executive to the position of President and Chief Operating Officer
of the Companies and for Executive to serve as interim Chief
Executive Officer of the Companies until a successor Chief
Executive Officer is retained by Fusion; and</font></div>
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