Exhibit 10.25
TRANSITION AGREEMENT
Jarett Janik (“Executive”) and E2open, LLC (the “Company”), enter into this Transition Agreement (“Agreement”). The parties mutually wish to professionally address any outstanding issues and in consideration of the benefits, promises, and covenants contained herein, agree as follows:
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Delivered to Executive this 26 day of April, 2022.
AGREED AND ACCEPTED: | ||||
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Executive: |
| E2open, LLC: | ||
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/s/ Jarett J. Janik |
| /s/ Laura L. Fese | ||
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Date: | April 26, 2022 |
| Title: | EVP – General Counsel and Secretary |
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Annex A
Release and Non-Competition Agreement
This Release and Non-Competition Agreement (“Agreement”) is entered into by and between E2open Parent Holdings, Inc. and its Affiliates and their subsidiaries (collectively, the “Company”) and (“Executive”). The Company and Executive will be jointly referred to as the “Parties.” Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the E2open Parent Holdings, Inc. Executive Severance Plan (the “Plan”).
WHEREAS, the Plan Administrator of the Plan has determined that Executive is an Eligible Executive under the terms of the Plan;
WHEREAS, the Plan requires Executive to sign and not revoke this Agreement in order to be eligible for the benefits under the Plan; and
WHEREAS, Executive has carefully read and fully understands all of the provisions and effects of this Agreement, which includes a general release and post-employment restrictions on Executive.
NOW, THEREFORE, Executive and the Company, for the good and sufficient consideration set forth below and intending to be legally bound, agree as follows:
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AGREED AND ACCEPTED: | ||||
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Executive: |
| E2open, LLC: | ||
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/s/ Jarett J. Janik |
| /s/ Laura L. Fese | ||
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Date: | April 26, 2022 |
| Title: | EVP – General Counsel and Secretary |
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