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Employment Agreement

Employee Retention Agreement

Employment Agreement | Document Parties: Symantec Corporation You are currently viewing:
This Employee Retention Agreement involves

Symantec Corporation

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Title: Employment Agreement
Date: 4/9/2009
Industry: Software and Programming     Sector: Technology

Employment Agreement, Parties: symantec corporation
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Exhibit 10.01

[Symantec Letterhead]

 

 

 

John W. Thompson
20330 Stevens Creek Boulevard
Cupertino, CA 95014

 

April 6, 2009

Dear John,

This offer and agreement supersedes and replaces your Employment Agreement dated April 11, 1999, any amendments thereto and any other prior verbal or written agreements between you and Symantec Corporation (“Symantec”) relating to the subject matter hereof, except as explicitly provided below.

Effective April 4, 2009, your job title will be Chairman of the Board. You will continue reporting to the Board of Directors of Symantec and will perform such duties as are applicable to the position of Chairman of the Board of Directors and devote such time to Symantec as is necessary to perform those duties . Your annual base salary will be $500,000, payable on regular pay dates of Symantec and subject to applicable employment and income tax withholding.

In addition, you will be eligible to participate in the following employee benefit plans: Symantec’s medical, dental and vision insurance programs; Life Insurance, Accidental Death & Dismemberment Insurance; Long Term Disability Insurance; 401(k) Plan; Symantec Corporation Deferred Compensation Plan; and Paid Time Off and work/life benefits programs subject to the terms and conditions of those plans or programs, as amended from time to time. You will continue to be eligible to participate in the FY09 Long Term Incentive Plan subject to its terms and con


 
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