EX-10.7
from 10-Q
6 pages
April 17, 2008 Personal and Confidential Mr. Steve Kozachok 1216 Bayard Ave. St. Paul, Mn 55116 Dear Steve: I Am Delighted to Offer You the Position of Sr. Vice President, Secretary and General Counsel With Secure Computing Corporation. This Position Reports to Me and Is Located in Our St. Paul, Minnesota Office. the Terms of the Offer Are: • Base Salary: $250,000 Annually
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EX-10.1
from 8-K
5 pages
Date: June 2, 2008 From: Richard L. Scott To: John E. McNulty Re: Separation and Release Agreement This Separation and Release Agreement (This “Agreement”) Is Provided to You in Connection With the Separation of Your Employment From Secure Computing Corporation (“Secure”). Background. Your Employment With Secure Ended on May 12, 2008 (The “Termination Date”). You and Secure Desire to Resolve Any and All Disputes Between US and Provide for an Amicable Separation of Employment. Accordingly, With the Intent to Be Legally Bound, You and Secure Now Agree as Follows. Final Pay and Benefits. You Have Been Paid Your Final, Annualized Base Pay Through the Termination Date. Your Benefits Have Been Paid Through the Termination Date. Severance Benefits. if You Sign This Agreement, and Do Not Exercise Your Rights to Revoke or Rescind Certain of Your Waivers as Described Below, Secure Will Provide You With the Following (The “Severance Benefits”): • You Will Receive a Lump Sum Payment Equal to $681,500 (Representing Eighteen (18) Months of Base Salary Less Any Amounts Previously Paid to You for the Period Following Your Termination Date) Less Required Deductions, Including Deductions for Applicable State and Federal Taxes
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