SEPARATION AGREEMENT AND GENERAL RELEASE (“AGREEMENT”)Separation Agreement and General Release • August 30th, 2016 • Falconstor Software Inc • Services-prepackaged software • New York
Contract Type FiledAugust 30th, 2016 Company Industry JurisdictionIn return for the mutual promises in this Agreement, FalconStor Software, Inc. (the “Company”), 2 Huntington Quadrangle, Melville, NY 11747, its predecessor companies, and its and their respective stockholders, affiliates, subsidiaries, divisions, successors and assigns and the current and former employees, officers, directors and agents thereof (collectively referred to throughout this Agreement as “Employer”), and Louis Petrucelly, his heirs, executors, administrators, successors, and assigns (collectively referred to throughout this Agreement as “You”), agree as follows: