CONSULTING TERMINATION AGREEMENT AND RELEASEConsulting Termination Agreement and Release • January 15th, 2008 • Irvine Sensors Corp/De/ • Semiconductors & related devices • California
This Consulting Termination Agreement and Release (the “Agreement”) dated as of December 28, 2007 is made and entered into by Christos Michael Toffales (“Toffales”) and CTC Aero, LLC, a New York limited liability company (“CTC”), on the one hand, and Irvine Sensors Corporation, a Delaware corporation and its subsidiaries (collectively, “ISC” or the “Company”), on the other hand. ISC, Toffales and CTC are sometimes collectively referred to as the “Parties” and are singularly referred to as a “Party.”
