0000950137-04-008975 Sample Contracts

SEVERANCE AND RELEASE AGREEMENT
Severance Agreement • October 26th, 2004 • Mti Technology Corp • Computer storage devices • California

This Severance and Release Agreement (the “Agreement”) by and between MTI Technology Corporation (“MTI” or “the Company”) and Todd Schaeffer (“Schaeffer”) documents the terms and conditions of Schaeffer’s termination from the Company, and is effective , (the “Effective Date”).

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