Exhibit 10.16 SEVERANCE AGREEMENT AND RELEASE OF CLAIMS This Severance Agreement ("Agreement") is made by and between Richard Secor (the "Employee") and SmartBargains, Inc. (the "Company"), as of the dates written below in order to establish the terms...Severance Agreement • August 9th, 2004 • Smartbargains, Inc. • Retail-retail stores, nec • Massachusetts
