0000950123-10-077400 Sample Contracts

EXECUTIVE SEVERANCE AGREEMENT

Executive Severance Agreement • August 13th, 2010 • Navarre Corp /Mn/ • Wholesale-computers & peripheral equipment & software • Minnesota

• Contract Type
  Executive Severance Agreement
• Filed
  August 13th, 2010
• Company
  Navarre Corp /Mn/
• Industry
  Wholesale-computers & peripheral equipment & software
• Jurisdiction
  Minnesota

THIS EXECUTIVE SEVERANCE AGREEMENT (the “Agreement”), dated as of the 12th day of August, 2010 (the “Effective Date”), is entered into by and between NAVARRE CORPORATION, a Minnesota corporation, (the “Company”), and Ward Thomas, an individual residing in the State of Minnesota (the “Executive”).