OMTOOL LTD
EX-10.10
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<p align="right" style="margin:0in .5in .0001pt 0in;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit

10.10</font></b></p>



<p align="center" style="margin:0in .5in .0001pt 0in;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>



<p align="center" style="margin:0in .5in .0001pt 0in;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">OMTOOL, LTD.</font></b></p>



<p style="margin:0in .5in .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<h3 style="font-weight:normal;margin:0in 0in .0001pt 3.5in;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">March

29, 2002</font></h3>



<h1 style="margin:0in 0in .0001pt;page-break-after:avoid;text-decoration:underline;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Personal and Confidential</font></u></b></h1>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Timothy P. Losik</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">525 South Road</font></p>



<h2 style="font-weight:normal;margin:0in 0in .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Rye, New

Hampshire&#160; 03870</font></h2>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Re:&#160; <u>Severance Eligibility</u></font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dear Tim:</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In connection with your

&#147;at-will&#148; employment offer by Omtool, Ltd. (&#147;Omtool&#148; or the &#147;Company&#148;), Omtool

agrees to provide you with eligibility for the severance benefits set forth in

this letter agreement (the &#147;Agreement&#148;) if your employment is terminated under

the circumstances described below:</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.</font></b><font size="2" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u><font style="font-weight:bold;">At-Will Employment</font></u></b>.&#160; This Agreement is not a contract to employ

you for a definite time period, and is not intended to be and does not

constitute a contract or part of a contractual agreement for continued

employment, either express or implied, between the Company and you, it being

acknowledged that your employment is &#147;at will&#148; and that either you or Omtool

may terminate the employment relationship at any time, for any or no reason,

with or without &#147;Cause&#148; (as defined herein) and with or without prior notice.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.</font></b><font size="2" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u><font style="font-weight:bold;">Notice of Termination and other Matters</font></u></b>.&#160; Any termination of your employment, whether

by you or Omtool, will be communicated by written notice (&#147;Notice of

Termination&#148;) to the other party.&#160; All

notices provided for in this Agreement will be in writing and will be effective

when delivered or mailed by U.S. mail, postage prepaid, addressed to Omtool,

Ltd., 8 Industrial Way, Salem, NH 03079, and to you at the address shown above

or to such other address as either Omtool or you may have furnished to the

other in writing.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Severance

Payments and Benefits Upon a Qualified Termination</u></font></b><font size="2" style="font-size:10.0pt;">.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a) Omtool will provide

you with the severance payments listed below only in the event of a Qualified

Termination and provided that you execute a general release agreement in a form

acceptable to the Company, except that the release will not effect your rights

to indemnification or vested Benefits, and provided that you continue to adhere

to any post-termination obligations including, but not limited to, any

non-competition, non-disclosure and non-solicitation covenants.&#160; A &#147;Qualified Termination&#148; means your

employment is terminated by the Company without &#147;Cause&#148; or by you for &#147;Good

Reason&#148; (i) within the first year of your employment, or (ii) anytime after a

Change of Control of the Company.&#160; A

termination of your employment will <u>not</u> constitute a &#147;Qualified

Termination&#148; if your employment is terminated because (i) you die or become

Disabled, (ii) Omtool terminates you for &#147;Cause,&#148; (iii) you resign or retire

without &#147;Good Reason&#148;, (iv) you resign with &#147;Good Reason&#148; or you are terminated

without &#147;Cause&#148; after the first year of your employment but before a Change of

Control, or (v) the Company files for </font></p>



<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>





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<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">bankruptcy.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b) If a Qualified

Termination occurs, you will be eligible to receive the following severance pay

and benefits:</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (i) <u>Severance Pay</u>.&#160; Severance pay, in equal monthly installments at your monthly base

salary rate in effect immediately prior to the Qualified Termination, for

twelve months from the date of the Qualified Termination.&#160; The first severance payment will be made

upon the first regularly scheduled Company payday on or following your

execution of the release agreement referenced above, in accordance with the

Company&#146;s normal payroll practices as established or modified from time to

time, and will be subject to all federal, state and/or local payroll and

withholding taxes.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (ii) <u>Payment of COBRA Premiums</u>.&#160; If you are eligible for and elect to

continue health and dental continuation coverage in accordance with the

Consolidated Omnibus Budget Reconciliation Act of 1985 (&#147;COBRA&#148;), the Company

will pay your COBRA premium (equal to the amount it paid during your

employment) until the earlier of (x) 12 months from the date of the Qualified

Termination, or (y) the date on which you become ineligible to receive COBRA

coverage.&#160; During the period in which

the Company is providing this benefit, you will be responsible for paying the

portion of the premiums required for active employees, which will be

automatically deducted from the severance payments referenced in Section

3(b)(i).&#160; Thereafter, you will be

responsible for all COBRA payments.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c) In addition to the

amounts set forth in Section 3(b), in the event a Qualified Termination occurs

within <u>one year</u> after a Change of Control, any unvested stock options

issued to you will become immediately vested and exercisable.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d) In the event it shall

be determined that any payment by the Company to you (or for your benefit

pursuant to this Agreement) is an &#147;excess parachute payment&#148; within the meaning

of Section&nbsp;280G of the Internal Revenue Code of 1986, as amended (the

&#147;Code&#148;), in connection with, or arising out of, your employment with the

Company or a Change in Control of the Company or a substantial portion of its

assets (a &#147;Payment&#148;), and would be subject to the excise tax imposed by

Section&nbsp;4999 of the Code (the &#147;Excise Tax&#148;), then the Company shall pay to

you an additional payment (the &#147;Gross-Up Payment&#148;) in an amount such that the

amount paid to you, net of any Excise Tax on such Payment and any additional Excise

Tax or Income Tax on the Gross-Up Payment, shall equal the amount of such

Payment.&#160; Such Gross-Up Payment shall be

subject to and paid net of any applicable withholding.&#160; The amount of any Gross-Up Payment or Excise

Tax shall be reasonably determined by the Company after consultation with its

legal and tax advisors.&#160; In the event

that the Excise Tax with respect to the Payments is subsequently determined to

be less than the amount taken into account for purposes of calculating the

Gross-Up Payment, you shall promptly repay to the Company the portion of the

Gross-Up Payment that exceeds the Gross-Up Payment that otherwise would have

been payable in connection with the actual Excise Tax imposed on the

Payments.&#160; If the Actual Excise Tax

imposed on the Payments is greater than originally calculated Company the

Company will promptly make any required additional payments to fulfill its

obligations under this section.</font></p>



<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>





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<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e) You will not be

entitled to any of the severance payments and/or benefits set forth above in

Sections 3(b) or 3(c) if your employment termination from Omtool is not a

Qualified Termination.&#160; If your

employment termination is not a Qualified Termination, your employment and this

Agreement will automatically terminate and the Company will pay you (or in the

case of death, your designated beneficiary or, if no beneficiary has been

designated by you, your estate) your base salary earned but unpaid and vacation

pay accrued but unused as of the termination date.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; (f) If Omtool determines that you have violated the

terms of any non-competition or confidentiality provision contained in any

employment, consulting, advisory, non-disclosure, non-competition or other

similar agreement between you and Omtool, then you agree that Omtool,

regardless of the manner of your employment termination, can refuse to pay

and/or cease paying and/or performing all severance-related obligations under

this Section 3 to the extent permitted by applicable law.&#160; The cessation of these severance payments

and benefits shall be in addition to, and not as an alternative to, any other

remedies at law or in equity available to the Company, including the right to

seek an injunction, which you shall not oppose.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><font style="font-weight:bold;">4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Definitions</u></font></b>.&#160; For the purposes of this Agreement, the

terms listed below are defined as follows:</font></p>



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<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a) <b><font style="font-weight:bold;">Disabled</font></b>.&#160; You are &#147;Disabled&#148; for the purposes of this

Agreement if you have been absent from the full-time performance of your duties

with Omtool for 180 days, whether or not consecutively, within a any

consecutive 12-month period, because of incapacity due to physical or mental

impairment that substantially limits a major life activity, and you fail to

resume performance of your essential job duties, with or without reasonable

accommodation (provided that any such accommodation does not cause the Company

an undue hardship).</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b) <b><font style="font-weight:bold;">Cause</font></b>.&#160; &#147;Cause,&#148; which shall be determined by the

Company&#146;s Board of Directors (the &#147;Board&#148;), shall mean: (i) your failure or

refusal to render services to the Company, (ii) your failure to perform

adequately the duties of your employment after you receive written notice from

the Board setting forth in reasonable detail the nature of the performance

inadequacies and you fail to cure such inadequacies within 30 days from

receiving such notice, (iii) your commission of any act of gross negligence,

dishonesty which materially affects the Company or its employees,

insubordination or breach of fiduciary duty, (iv) your material breach of any

term of this Agreement or any other agreement with Omtool, (v) your conviction

of or plea of <i><font style="font-style:italic;">nolo contendere</font></i> to (A) any felony or (B) any misdemeanor

involving fraud, deceit, moral turpitude or embezzlement, (vi) your disregard

of or failure to follow the Company&#146;s rules or policies, or your commission of

any other action that may cause material injures to the Company, including your

misappropriation of any money or other assets or property (tangible or

intangible) of the Company.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c) <b><font style="font-weight:bold;">Change of Control</font></b>.&#160; A &#147;Change of Control&#148; shall mean the

occurrence of an &#147;Acquisition&#148; as defined in the Company&#146;s 1997 Stock Plan, as

amended, during the period in which you are eligible to receive the severance

payments listed in Section 3.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d) <b><font style="font-weight:bold;">Good Reason</font></b>.&#160; A termination by you for &#147;Good Reason&#148; will

occur whenever any of </font></p>



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<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the following

circumstances have taken place, without your written consent, which the Company

and the Board, after receiving written notice thereof, have failed to cure

within 30 days of receiving such notice: (i) your position, duties and/or

responsibilities are significantly and materially diminished, such that you are

effectively demoted; (ii) your base salary is reduced; or (iii) in the event of

a Change of Control, Omtool or any person in control of Omtool requires you to

perform your principal duties in a new location outside a radius of 30 miles

from your business location at the time of the Change of Control.</font></p>



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<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Assignment</u></font></b><font size="2" style="font-size:10.0pt;">.&#160;

Omtool may assign this Agreement, which will inure to the benefit of and

be enforceable by Omtool&#146;s successors and assigns.&#160; You may not assign this Agreement.</font></p>



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<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:40.25pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Confidentiality</u></font></b><font size="2" style="font-size:10.0pt;">.&#160;

The terms and conditions of this Agreement are strictly

confidential.&#160; You shall not discuss or

reveal any information concerning this letter agreement to any past or present

Omtool employee or any third person or entity other than your counsel and

members of your immediate family.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt 76.55pt;text-autospace:none;text-indent:-36.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt 76.55pt;text-autospace:none;text-indent:-36.3pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">7.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Miscellaneous</u></font></b><font size="2" style="font-size:10.0pt;">.</font></p>



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<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a) In the event of any

dispute, this Agreement will be construed as a whole, will be interpreted in

accordance with its fair meaning, and will not be construed strictly for or

against either you or the Company.&#160; If

one or more of the provisions contained in this Agreement shall for any reason

be held to be excessively broad as to scope, activity, subject or otherwise so

as to be unenforceable at law, such provision or provisions shall be construed

by the appropriate judicial body by limiting or reducing it or them, so as to

be enforceable to the maximum extent compatible with the applicable law as it

shall then appear.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b) This Agreement shall

be deemed to be made and entered into in the State of New Hampshire.&#160; This Agreement and any claims arising out of

this Agreement (or any other claims arising out of the relationship between the

parties) shall be governed by and construed in accordance with the laws of the

State of New Hampshire and shall in all respects be interpreted, enforced and

governed under the internal and domestic laws of such State, without giving

effect to the principles of conflicts of laws of such State.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c) No waiver by the

Company of any breach by you of any provision hereof shall be deemed to be a

waiver of any later or other breach thereof or as a waiver of any other

provision of this Agreement.&#160; This

Agreement may not be waived, changed, discharged or terminated orally or by any

course of dealing between the parties, but only by an instrument in writing

signed by you and either the Company&#146;s Chief Executive Officer or a designated,

disinterested member of the Company&#146;s Board of Directors.</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:ideograph-numeric ideograph-other;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d) You must execute a

legally enforceable separation agreement and general release in a form

acceptable to Omtool prior to the receipt of any payments set forth above.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:37.95pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e) This Agreement is the

exclusive agreement with respect to the severance benefits payable to you in

the event of a termination of your employment.&#160;

All prior negotiations and agreements regarding severance benefits,

whether oral or written, express or implied, are hereby </font></p>



<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>





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<hr size="2" width="100%" noshade color="gray" align="left">



</font></div>



<font size="2" face="Times New Roman" style="font-size:10.0pt;">
<!-- SEQ.=1,FOLIO='4',FILE='C:\C2\jfreier\4580_6\t_787600\j4580_ex10d10.htm',USER='jfreier',CD='Aug 14 15:40 2002' -->
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</font>



<p align="center" style="font-size:12.0pt;line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;">&nbsp;</p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">superseded and cancelled.</font></p>



<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:38.15pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If this letter

sets forth our agreement, kindly sign and return to Omtool the enclosed copy of

this letter.</font></p>



<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:38.15pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:1.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="52%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:52.62%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sincerely,</font></p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="52%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:52.62%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:1.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="52%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:52.62%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">OMTOOL, LTD.</font></b></p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="52%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:52.62%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:1.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt 0in .7pt;width:6.56%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>

  </td>

  <td width="23%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt 0in .7pt;width:23.04%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Robert Voelk</font></p>

  </td>

  <td width="23%" valign="top" style="padding:0in .7pt 0in .7pt;width:23.04%;">

  <p style="font-size:1.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt 0in .7pt;width:6.56%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="46%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:46.06%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:1.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="6%" valign="top" style="padding:0in .7pt 0in .7pt;width:6.56%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>

  </td>

  <td width="46%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:46.06%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">President &amp; CEO</font></p>

  </td>

 </tr>

 <tr>

  <td width="47%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:47.38%;">

  <p style="font-size:12.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

  <td width="52%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:52.62%;">

  <p style="font-size:12.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="100%" colspan="5" valign="top" style="padding:0in .7pt 0in .7pt;width:100.0%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Accepted and agreed to

  this 1st day of April, 2002</font></p>

  </td>

 </tr>

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  <td width="100%" colspan="5" valign="top" style="padding:0in .7pt 0in .7pt;width:100.0%;">

  <p style="font-size:12.0pt;line-height:12.0pt;margin:0in 0in .0001pt;text-autospace:none;">&nbsp;</p>

  </td>

 </tr>

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  <td width="19%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt 0in .7pt;width:19.82%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Timothy P. Losik</font></p>

  </td>

  <td width="80%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:80.18%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

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  <td width="19%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:19.82%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name &#151; please print</font></p>

  </td>

  <td width="80%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:80.18%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

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  <td width="19%" valign="top" style="padding:0in .7pt 0in .7pt;width:19.82%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="80%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:80.18%;">

  <p style="font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="19%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt 0in .7pt;width:19.82%;">

  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Timothy P. Losik</font></p>

  </td>

  <td width="80%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:80.18%;">

  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

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  <td width="19%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:19.82%;">

  <p style="line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Signature</font></p>

  </td>

  <td width="80%" colspan="4" valign="top" style="padding:0in .7pt 0in .7pt;width:80.18%;">

  <p style="font-size:1.0pt;line-height:normal;margin:0in 0in .0001pt;text-autospace:none;text-indent:0in;">&nbsp;</p>

  </td>

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<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>



<p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>





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