What is a separation agreement and general releaseSeparation Agreement and General Release • August 11th, 2021
Contract Type FiledAugust 11th, 2021CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE This Confidential Separation Agreement and General Release ('Agreement') is made and entered into by and between Michael P. Paolucci on behalf of himself and his agents, heirs, executors, assigns and any other person or entity acting with him or on his behalf ('Paolucci'), on the one hand, and Interactive Imaginations, Inc. on behalf of itself, its present and former principals, owners, agents, officers, employees, directors, subsidiaries, affiliated divisions and companies, parent companies, successors and assigns ('Interactive'), on the other hand. It is made pursuant to the following terms and conditions. Effective at the close of business (Eastern Standard Time) on February 24, 1998, Paolucci's employment with Interactive shall have ceased and all agreements regarding the employment of Paolucci as an executive of Interactive are terminated, except as otherwise set forth herein. Paolucci continues to serve as a Director of Intera