EFTA00718654.pdf

From: Steven Sinofsky < To: Jeffrey Epstein <jeevacation(ri:zmail.com> Subject: RE: FW: Resignation Agreement Date: Tue, 13 Nov 2012 18:54:57 +0000 Will call in about 30 minutes. I am about to talk to the guy at apple that was fired. Am talking to lawyer tomorrow 7am. From: Jeffrey Epstein Sent: 11/13/2012 10:22 AM To: Steven Sinofsky Subject: Re: FW: Resignation Agreement tried to call On Tue, Nov 13, 2012 at 1:11 AM, Steven Sinofsky < > wrote: any suggestions? they are paying each of my directs (8 people) $1m over two years as a retention bonus in addition to promoting several of them (so more money). they are very worried I will recruit them. they would all go somewhere if I landed somewhere stable. Sent from Windows Mail From: Brad Smith (LCA) Sent: November 12, 2012 4:34 PM To: Steven Sinofsky CC: Lisa Brummel Subject: Resignation Agreement Hi Steven, I wanted to send to you a draft resignation agreement. I want to say at the outset that it's entirely up to you whether you want to enter into this type of agreement. As I'm sure you know, even in the absence of a resignation agreement, there are certain aspects of your current agreement with Microsoft that survive your employment on either a limited or perpetual basis. For example, certain trade secret obligations continue on a perpetual basis, while your non-compete and non- solicitation obligations survive, but for twelve months rather than perpetually. EFTA00718654  When other very senior executives have left the company after extensive years of service and making important contributions to Microsoft's success, we typically have entered into a formal resignation agreement, similar to the draft that I have attached to this email. This agreement clarifies some of your current obligations and enhances some others (including a non-solicitation obligation that lasts 18 rather than 12 months), and in exchange it provides you with considerable remuneration that is designed generally to be comparable to the compensation benefits you would receive if you were to remain a Microsoft employee until next summer. I'm happy to walk you through any aspect of this draft and answer any questions you may have. In addition, it's not uncommon for an executive in this type of situation to wish to retain counsel to review this type of agreement. This of course is completely your decision to make, and if you wish to retain counsel we'd be happy to talk directly with your lawyer if that would facilitate things. I have attached a short document that has the contact details for two employment lawyers in Seattle that are well-regarded and have represented departing Microsoft or other executives in the past. This is obviously for your reference only, and as I've said, we'd be prepared to talk directly with any lawyer you retain, or with you directly if you wish to proceed without counsel. There's no immediate rush on any of this. If you're interested in pursuing this type of agreement, we would like to put things together with you by the first week of December. But between now and then I'll leave to you the opportunity to take a look at this and let us know whether this is something you'd like to pursue. Thanks. Brad The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00718655