TESSCO Technologies Incorporated Settlement Agreement Term SheetSettlement Agreement • December 4th, 2020 • Barnhill Robert B Jr • Wholesale-electronic parts & equipment, nec
Contract Type FiledDecember 4th, 2020 Company IndustryThis non-binding term sheet (“Term Sheet”) is for discussion purposes only and does not constitute an agreement to proceed with anything described herein. This Term Sheet does not address all matters upon which any agreement must be reached in order to consummate an agreement, nor does it describe all of the terms, conditions, covenants, representations, warranties and other provisions that would be contained in a definitive settlement agreement (the “Settlement Agreement”). Unless and until agreed differently in writing, any party referenced herein may terminate discussions or negotiations regarding the Settlement Agreement at any time, without further obligations.