eTrade 2001 Annual Report Download - page 185

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(a) The rights and benefits of Executive under this Agreement, other than accrued and unpaid amounts due hereunder, are personal to
him and shall not be assignable by Executive.
(b) Subject to the provisions of subsection (c) of this Section 9 and the provisions of Section 5, above, this Agreement shall not be
assignable by Company, provided that Company may assign this Agreement to another corporation wholly owned by it either directly
or through one or more other corporations, or to any corporate successor of Company or any such corporation.
(c) Any business entity succeeding to substantially all of the business of Company, by purchase, merger, consolidation, sale of assets
or otherwise, shall be bound by and shall adopt and assume this Agreement, and Company shall require the assumption of this
Agreement by such successor as a condition to such purchase, merger, consolidation, sale of assets or other similar transaction.
10. Notices. Any notice or other communications under this Agreement shall be in writing, signed by the party making the same, and
shall be delivered personally or sent by certified or registered mail, postage prepaid, addressed as follows:
Ifto Executive: Mr. Jerry Gramaglia
c/o E*TRADE Group, Inc.
4500 Bohannon Drive
Menlo Park, CA 94025
If to Company: Chief Legal Affairs and Human Resources Officer
c/o E*TRADE Group, Inc.
4500 Bohannon Drive
Menlo Park, CA 94025
or such other address or agent as may hereafter be designated by either party hereto. All such notices shall be deemed given on the
date personally delivered or mailed.
11. Full Settlement and Legal Expenses. In no event shall Executive be obligated to seek other employment or take any action by
way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement. The prevailing party shall be
entitled to recover all legal fees and expenses which such party may reasonably incur as a result of any legal proceeding relating to the
validity, enforceability, or breach of, or liability under, any provision of this Agreement or any guarantee of performance (including as
a result of any contest by Executive about the amount of any payment pursuant to Section 6 of this Agreement), plus in each case
interest at the applicable Federal Rate provided for in Section 7872(f)(2) of the Code.
13. Governing Law. This Agreement shall be interpreted and enforced in accordance with the laws of the State of California, except
that any arbitration shall be governed by the Federal Arbitration Act.
8
14. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective ad valid,
but if any one or more of the provisions contained in this Agreement shall be invalid, illegal or unenforceable in any respect for any
reason, the validity, legality, and enforceability of any such provisions in every other respect and of the remaining provisions of this
Agreement shall not be in any way impaired.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the day and year first above written.
2002. EDGAR Online, Inc.