November 15, 2012 Document Security Systems, Inc.
November 15, 2012
Document Security Systems, Inc.
00 Xxxx Xxxx Xxxxxx
Rochester, New York 14614
Attn: Xxxxxx Xxxxx, CFO
Re: | Termination of Employment Agreement |
Dear Xxxx:
This letter confirms our mutual agreement to terminate my Employment Agreement with Document Security Systems, Inc. (the “Company”), dated June 12, 2004, pursuant to Section 8(f) thereof, effective as of December 1, 2012; provided, however, that termination of my Employment Agreement is expressly conditioned upon the Company’s signing and returning an original copy of the attached Amended Consulting Agreement to me by close of business on November 30, 2012.
Please also accept this letter as my resignation from the Board of Directors of the Company, effective December 1, 2012, subject to the condition precedent set forth above.
Sincerely, | ||
/s/ Xxxxxxx Xxxxx | ||
Xxxxxxx Xxxxx | ||
So Agreed: Document Security Systems, Inc. | ||
By | /s/ Xxxxxx Xxxxx | |
Xxxxxx Xxxxx, CFO |