0000950170-23-010606 Sample Contracts

TRANSITION AND RELEASE OF CLAIMS AGREEMENT
Transition and Release of Claims Agreement • March 29th, 2023 • Columbia Care Inc. • Agricultural production-crops

This Transition and Release of Claims Agreement (“Agreement”) is entered into as of March 15, 2023, hereinafter “Effective Date,” by and between Michael Abbott, Michael Abbott’s marital community (if any), heirs, and assigns (hereinafter “Abbott”), and Columbia Care LLC, a Delaware Corporation, its affiliates (including, without limitation, any parent, subsidiary companies, or related companies such as Columbia Care Inc.), its successors and assigns (hereinafter the “Company”). Abbott and the Company are sometimes collectively referred to as the “Parties.”

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