Attached files
| file | filename |
|---|---|
| 8-K - FALCONSTOR SOFTWARE INC | form8k04637_04012014.htm |
| EX-99.2 - FALCONSTOR SOFTWARE INC | ex992to8k04637_04012014.htm |
| EX-4.1 - FALCONSTOR SOFTWARE INC | ex41to8k04637_04012014.htm |
Exhibit 99.3
WAIVER AND CONSENT
April 1, 2014
To: FalconStor Software, Inc.
2 Huntington Quadrangle
Suite 2S01
Melville, NY
I acknowledge receipt of a copy of the Amended and Restated 2005 FalconStor Software, Inc., Key Executive Severance Protection Plan (the “Plan”), along with a document showing the differences between the Plan and the 2005 FalconStor Software, Inc., Key Executive Severance Protection Plan (the “Old Plan”).
I understand that, as set forth in Section 8.1 of the Old Plan, absent my consent, the changes to Sections 2.3, 4.2, and 6 of the Old Plan, as reflected in the Plan, would not take effect until April 1, 2015.
In consideration for a grant of restricted shares of FalconStor Software, Inc., the amount and terms of which are set forth in the Restrict Stock Agreement given to me, I hereby waive the one year delay for any amendment set forth in Section 8.1 of the Old Plan and I consent that the terms of the Plan shall apply to me from April 1, 2014 forward.
___________________________
Name
___________________________
Signature
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Date