Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Carbonite IncFinancial_Report.xls
EX-32.1 - SECTION 906 CEO CERTIFICATION - Carbonite Incd331691dex321.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - Carbonite Incd331691dex312.htm
EX-10.2 - EX-10.2 - Carbonite Incd331691dex102.htm
EX-10.3 - EX-10.3 - Carbonite Incd331691dex103.htm
EX-32.2 - SECTION 906 CFO CERTIFICATION - Carbonite Incd331691dex322.htm
EX-10.1 - EX-10.1 - Carbonite Incd331691dex101.htm
10-Q - FORM 10-Q - Carbonite Incd331691d10q.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - Carbonite Incd331691dex311.htm

Exhibit 10.4

 

LOGO

April 26, 2012

Swami Kumaresan

452 Shawmut Ave

Boston MA 02118

Dear Swami:

This letter serves to amend certain terms of the prior offer letter, as amended to date, to you from Carbonite, Inc. (the “Company”). Your prior offer letter indicated that if you are terminated without Cause (as defined in your offer letter) or are Constructively Terminated (as defined in your offer letter), you will be entitled to receive an amount equal to (i) your then current base salary for a six-month period commencing with the effective date of your termination of employment with the Company and (ii) an amount equal to six times the monthly amount that the Company paid for your participation in the Company’s health insurance plan during the month immediately preceding your termination date (collectively, the “Severance Benefits”); provided, however, that you are not entitled to receive the Severance Benefits if you are terminated without Cause or are Constructively Terminated as a result of the Company’s financial survival being demonstrably at risk or in doubt (the “Adverse Financial Condition”).

Upon your counter signature below to this amendment to your offer letter, your offer letter will be amended to remove the Adverse Financial Condition qualification from your offer letter so that you will be entitled to receive the Severance Benefit even in the event that you are terminated without Cause or are Constructively Terminated as a result of an Adverse Financial Condition, subject to any and all additional conditions and qualifications contained in your offer letter.

By signing below, you acknowledge that (i) this letter amends your existing offer letter, as amended to date and (ii) you affirm the other provisions in your existing offer letter, as amended to date.

Sincerely,

 

CARBONITE, INC.

      EMPLOYEE:
By:  

/s/ David Friend

     

/s/ Swami Kumaresan

David Friend       Sign Name
CEO      
       

Swami Kumaresan

        (Print Name)
        Date: 4/26/12