Summary of EXTREME NETWORKS INC

Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)

On July 7, 2009, Extreme Networks, Inc. (the "Company") announced that Mr. Gordon L. Stitt, its co-founder and currently Chairman of its Board of Directors, has joined the Company in a market development role to explore new market opportunities for the Company's products. Under the provisions of an employment offer, he will be paid an annualized salary of $300,000 as a 60% part-time employee. The Company expects that Mr. Stitt will undertake these responsibilities for a period expected to be of one year in duration. Under the rules of the NASDAQ Global Market, Mr. Stitt will not be an "independent" director until three years after the end of his service in this role.

A copy of Mr. Stitt's offer letter and the press release are attached to this Current Report on Form 8-K as Exhibit 10.22 and Exhibit 99.1, respectively.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.      Description
   10.22         Offer Letter dated July 3, 2009 by and between Extreme Networks,
                 Inc. and Gordon L. Stitt.

   99.1          Press Release dated July 7, 2009.