Common use of Participation in Negotiations Clause in Contracts

Participation in Negotiations. EACH OF THE UNDERSIGNED PARTIES ACKNOWLEDGES AND AGREES THAT SUCH PARTY HAS PARTICIPATED IN THE NEGOTIATION OF AND CAREFULLY READ EACH OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND UNDERSTANDS ITS CONTENTS, AND THAT SUCH PARTY EXECUTED THIS SEVERANCE AGREEMENT AS SUCH PARTY’S OWN FREE ACT AND DEED. Executed this 30th day of June, 2006 by and between: SmartVideo™ Technologies, Inc. Its: VP - Finance Witness: XXXXXXXXXXX XXXXX Attest: BY: XXXXX XXXXXXX BY: XXXX X. XXXXX, ESQUIRE BY: BY:

Participation in Negotiations. EACH OF THE UNDERSIGNED PARTIES ACKNOWLEDGES AND AGREES THAT SUCH PARTY HAS PARTICIPATED IN THE NEGOTIATION OF AND CAREFULLY READ EACH OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND UNDERSTANDS ITS CONTENTS, AND THAT SUCH PARTY EXECUTED THIS SEVERANCE AGREEMENT AS SUCH PARTY’S OWN FREE ACT AND DEED. Executed this 30th ______ day of June, 2006 by and between: SmartVideo™ Technologies, Inc. By: Its: VP - Finance Witness: XXXXXXXXXXX XXXXX Attest: BY: XXXXX XXXXXXX BY: XXXX X. XXXXX, ESQUIRE BY: BY:

Participation in Negotiations. EACH OF THE UNDERSIGNED PARTIES ACKNOWLEDGES AND AGREES THAT SUCH PARTY HAS PARTICIPATED IN THE NEGOTIATION OF AND CAREFULLY READ EACH OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND UNDERSTANDS ITS CONTENTS, AND THAT SUCH PARTY EXECUTED THIS SEVERANCE AGREEMENT AS SUCH PARTY’S OWN FREE ACT AND DEED. Executed this 30th ______ day of June, 2006 by and between: SmartVideo; Smart Video™ Technologies, Inc. By: Its: VP - Finance Witness: XXXXXXXXXXX XXXXX Attest: BY: XXXXX XXXXXXX BY: XXXX X. XXXXX, ESQUIRE BY: BY:

Participation in Negotiations. EACH OF THE UNDERSIGNED PARTIES ACKNOWLEDGES AND AGREES THAT SUCH PARTY HAS PARTICIPATED IN THE NEGOTIATION OF AND CAREFULLY READ EACH OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND UNDERSTANDS ITS CONTENTS, AND THAT SUCH PARTY EXECUTED THIS SEVERANCE AGREEMENT AS SUCH PARTY’S OWN FREE ACT AND DEED. Executed this 30th day this_____day of June, 2006 by and between: SmartVideo™ Technologies, Inc. By: Its: VP - Finance Witness: XXXXXXXXXXX XXXXX Attest: BY: XXXXX XXXXXXX BY: XXXX X. XXXXX, ESQUIRE BY: BY: BY: VP - Finance BY: