July 30, 2007 Martin LoBiondo [*] [*] Dear Marty:Severance Agreement • August 3rd, 2007 • Veramark Technologies Inc • Services-prepackaged software
Contract Type FiledAugust 3rd, 2007 Company IndustryIn view of your resignation from employment with Veramark Technologies, Inc. (“Veramark”), it would appear to be beneficial, both to you and to Veramark, to have an agreement covering the terms of your separation from employment. In view of this, we have reached the following agreement: