SEC Contract Filing

Filing Date: 2020-10-01

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d78476dex101.htm
<DESCRIPTION>EX-10.1
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>EMPLOYMENT AGREEMENT </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This EMPLOYMENT AGREEMENT (this &#147;<U>Agreement</U>&#148;) is entered into as of October&nbsp;1, 2020 (the &#147;<U>Effective
Date</U>&#148;) by and between Charles L. Treadway (&#147;<U>Employee</U>&#148;) and CommScope, Inc., a Delaware corporation (the &#147;<U>Company</U>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>WITNESSETH</U>: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the
Company desires to employ Employee in the capacity hereinafter stated, and Employee desires to be in the employ of the Company in such capacity for the period and on the terms and conditions set forth in this Agreement; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW THEREFORE, in consideration of the foregoing, and the mutual agreements and covenants contained herein, the receipt and sufficiency of
which are hereby acknowledged, the parties agree as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <U>Employment</U>. Subject to the provisions of Section&nbsp;6, the
Company hereby employs Employee and Employee accepts such employment upon the terms and conditions hereinafter set forth (the &#147;<U>Employment</U>&#148;). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. <U>Term of Employment</U>.&nbsp;This Agreement shall be effective as of the Effective Date and shall terminate on the third anniversary
thereof, unless earlier terminated as provided in Section&nbsp;6 (the &#147;<U>Initial Term</U>&#148;). Upon the expiration of the Initial Term or any Renewal Term (as defined below), Employee&#146;s Employment shall be automatically renewed for an
additional <FONT STYLE="white-space:nowrap">one-year</FONT> period (each such <FONT STYLE="white-space:nowrap">one-year</FONT> period being a &#147;<U>Renewal Term</U>&#148;), unless the Company or Employee has given written notice to the other of
its intent not to renew this Agreement (a &#147;<U><FONT STYLE="white-space:nowrap">Non-Renewal</FONT> Notice</U>&#148;) at least 60 days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During any Renewal Term,
the terms, conditions and provisions set forth in this Agreement shall remain in effect unless modified in accordance with this Agreement. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. <U>Duties; Extent of Service</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) During the Employment, Employee shall serve as an employee of the Company with the title and position of President and Chief Executive
Officer. In this capacity, Employee shall have all the authority and responsibility customarily associated with such position in a company of the size and nature of the Company. Employee shall report directly to the Board of Directors of the Company
(the &#147;<U>Board</U>&#148;) or the Board of CommScope Holding Company, Inc. (&#147;<U>Parent</U>&#148;), as the context requires. In addition, Employee may be asked from time to time to serve as a director or officer of one or more of the
Company&#146;s or Parent&#146;s current or future direct and indirect subsidiaries, and Executive shall serve in such capacities without further compensation. Employee agrees to comply with all applicable laws and the Company&#146;s policies and
procedures as may be adopted and changed from time to time and that are provided to Employee, including those described in the Company&#146;s employee handbook, provided that if this Agreement conflicts with such policies or procedures, this
Agreement will control. Employee hereby accepts such employment, agrees to serve the Company in the capacity indicated, and agrees to use Employee&#146;s best efforts in, and devote Employee&#146;s full working time, attention, skill and energies
to, the advancement of the interests of the Company, Parent and their direct and indirect subsidiaries (collectively, the &#147;<U>Company Group</U>&#148;) and the performance of Employee&#146;s duties and responsibilities hereunder. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The foregoing, however, shall not be construed as preventing employee from engaging in
religious, charitable or other community or <FONT STYLE="white-space:nowrap">non-profit</FONT> activities, or, with the prior approval of Parent&#146;s Board, from serving on the board of directors of other companies, provided such service does not
impair Employee&#146;s ability to fulfill Employee&#146;s duties and responsibilities under this Agreement. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) During the Employment,
Employee shall be expected to perform his duties in both Hickory, North Carolina, and the Dallas, Texa