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Exhibit 10.1

 

SECONDMENT AGREEMENT

 

THIS SECONDMENT AGREEMENT (the “Agreement”) is dated as of July 21, 2009, by and between MRV Communications (Networks), Ltd., a company organized under the laws of Israel, with its principal place of business at Hacarmel Street, Area 6, Yokneam, Israel  20692 (“Employer”), MRV Communications, Inc., a company organized under the laws of the State of Delaware, United States, with its principal place of business at 20415 Nordhoff Street, Chatsworth, CA  91311, (the “Company”), and Guy Avidan (“Avidan”).

 

WHEREAS , the Employer has agreed to make available to the Company the services of its employee, Avidan, who will perform the duties of Co-President of the Company and President of its Network Equipment business for a period of time (“Secondment Period”), pursuant to the terms of this Agreement.

 

NOW THEREFORE , in consideration of the mutual promises herein contained, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, it is agreed as follows:

 

TERMS OF SECONDMENT

 

1.             Employee Status .  During the Secondment Period, Avidan shall at all times remain an employee of the Employer and shall not at any time become an employee of the Company.  If Avidan resigns or is terminated from the Employer, the Employer shall promptly give the Company written notice of the date such resignation or termination is, or will be, effective.

 

2.             Direction by the Company .  During the Secondment Period, Avidan shall work under the exclusive direction, control and supervision of the Chief Executive Officer or Board of Directors (the “Board”) of the Company, as determined by the Board.  The Company shall accept full and exclusive responsibility for the actions of Avidan in his service to the


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