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SEVERANCE AND CONFIDENTIALITY AGREEMENT AND GENERAL AND SPECIAL RELEASE

Confidentiality Agreement

SEVERANCE AND CONFIDENTIALITY AGREEMENT AND GENERAL AND SPECIAL RELEASE | Document Parties: SALESFORCECOM, INC You are currently viewing:
This Confidentiality Agreement involves

SALESFORCECOM, INC

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Title: SEVERANCE AND CONFIDENTIALITY AGREEMENT AND GENERAL AND SPECIAL RELEASE
Governing Law: California     Date: 5/19/2005

SEVERANCE AND CONFIDENTIALITY AGREEMENT AND GENERAL AND SPECIAL RELEASE, Parties: salesforcecom  inc
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EXHIBIT 99.1

 

SEVERANCE AND CONFIDENTIALITY AGREEMENT

AND GENERAL AND SPECIAL RELEASE

 

This Severance and Confidentiality Agreement and General and Special Release (the “Agreement”) is entered into as of this 17th day of May, 2005, by and between Patricia Sueltz (the “Employee”), on the one hand, and salesforce.com, inc. (together with its subsidiary and affiliated corporations and entities, the “Company”), on the other hand (collectively, the “Parties”).

 

WHEREAS , Employee is employed by the Company in San Francisco, California at its headquarters location;

 

WHEREAS , the Company and Employee mutually agree to resolve all outstanding differences and to terminate Employee’s employment relationship with the Company in an orderly manner. In addition, the Company wishes to continue to safeguard its proprietary and confidential information;

 

THEREFORE , in consideration of the promises and mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are expressly acknowledged, the Parties agree as follows:

 

AGREEMENT

 

1. Employee’s Resignation . Pursuant to this Agreement, Employee will voluntarily resign from her position with the Company as of May 31, 2005 (the “Effective Date”).

 

2. Severance Payment . In consideration for Employee’s (a) resignation, (b) release of any and all claims she may have against the Company, if any, and (c) adherence to each of the terms and conditions of this Agreement, including, without limitation, Employee’s obligations under Section 3, and provided that Employee has signed this Agreement and has not later revoked it, the Parties agree as follows:

 

a) Severance Payment . Within ten (10) days after the later to occur of (i) the Effective Date, or (ii) the date on which Employee has signed this Agreement and returned it to the Company, and provided that Employee has not revoked this Agreement pursuant to Section 4, below, the Company shall make a lump sum payment to Employee in the amount of Six Hundred and Fifty Thousand Dollars ($650,000.00) (the “Severance Payment”), less applicable taxes, withholdings, and deductions required by law.

 

b) No Other Compensation or Benefits . Employee acknowledges and agrees that she has been paid by the Company all salary, benefits or other compensation (including any accrued but unpaid vacation pay) to which Employee is entitled. Moreover, except as provided in this Agreement, Employee shall not be entitled to receive any other


compensation or benefits of any sort from the Company, its affiliates, or their officers, directors, employees, agents, insurance companies, attorneys, shareholders, or subsidiaries for, without limitation, salary, vacation, bonuses, stock, stock options, health care continuation coverage or any other compensation or benefits.

 

c) No Claims or Lawsuits . Employee represents that she has not filed or asserted any complaints, claims, or actions against the Released Parties (defined below) with any state, federal, or local governmental agency or court or arbitrator and that she will not do so at any time hereafter, and that if any agency, court, or arbitrator assumes jurisdiction of any complaint, claim, or action against the Released Parties, Employee will direct that agency, court, or arbitrator to withdraw from or dismiss with prejudice the matter;

 

d) No Assistance . Employee understands that if this Agreement were not signed, she would have the right to voluntarily assist other individuals or entities in bringing claims against the Company. Employee further understands and agrees that she waives such right and she shall not aid or assist others in their pursuit of claims against the Company unless (1) Employee is required to provide such assistance pursuant to a court order, or (2) Employee’s assistance is sought by the EEOC or any other federal, state or local governmental entity.

 

e) No Admission . This Agreement and compliance with this Agreement shall not be construed as an admission by the Company of any liability whatsoever, or as an admission by the Company of any violation of the rights of Employee or any person, or any violation of any order, law, statute, duty, or contract whatsoever against Employee or any person. The Company specifically denies and disclaims any liability to Employee or any other person for any alleged violation of the rights of Employee or any person, or for any alleged violation of any order, law, statute, duty, or contract on the part of the Company, its employees or agents or affiliated entities or their employees or agents.

 

3. General and Special Release . As a material inducement for the Company to enter into this Agreement, Employee hereby forever releases and discharges the Company, its subsidiary and affiliated corporations and entities, and their respective past and present officers, directors, managers, employees, agents, attorneys, successors and assigns (collectively, “Released Parties”) from any and all claims, charges, complaints, liens, demands, causes of action, obligations, damages and liabilities, known or unknown , suspected or unsuspected , that Employee had, now has, or may hereafter claim to have against the Released Parties, arising out of or relating in any way to Employee’s hiring by, employment with, or separation from the Company or otherwise relating to any of the Released Parties from the beginning of time through the Effective Date. This release specifically extends to, without limitation, claims or causes of action for wrongful termination, impairment of ability to compete in the open labor market, breach of an express or implied contract, breach of the covenant of good faith and fair dealing, breach of fiduciary duty, fraud, misrepresentation, defamation, slander, infliction of emotional distress, discrimination, harassment, retaliation, disability, loss of future earnings, and claims under the California Constitution, the United States Constitution, and applicable state and federal fair employment laws, federal equal employment opportunity laws, and federal and state labor statutes and regulations, including, but not limited to, the Civil Rights Act of 1964, as amended, the Fair Labor Standards Act, as amended, the Worker Retraining and Notification Act of 1988,

 

2


as amended, the Americans With Disabilities Act of 1990, as amended, the Rehabilitation Act of 1973, as amended, the Employee Retirement Income Security Act of 1974, as amended, the Age Discrimination in Employment Act, as amended, and the California Fair Employment and Housing Act, as amended. However, nothing in this Agreement shall be construed as a release of the Company’s obligations under this Agreement. Furthermore, nothing in this Agreement shall affect the U.S. Equal Employment Opportunity Commission’s (“EEOC”) rights and responsibilities to enforce the Civil Rights Act of 1964, as amended, the Age Discrimination in Employment Act of 1967, as amended, or any other applicable law, nor shall anything in this Agreement be


 
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