0000950170-23-022269 Sample Contracts

CONFIDENTIAL SEPARATION AND GENERAL RELEASE AGREEMENT
Confidential Separation and General Release Agreement • May 15th, 2023 • Great Elm Group, Inc. • Services-prepackaged software • Massachusetts

This Confidential Separation and General Release Agreement (this “Agreement”) is made and entered into as of May 15, 2023 by and among Brent Pearson (“Executive”) and Great Elm Group, Inc. (“GEG”), on behalf of itself and its subsidiaries, and their parent, successor, predecessor, affiliate and related entities (collectively, the “Company”). References to the “Parties” means the Executive and the Company.

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May 15th, 2023 Keri Davis VIA EMAIL KDavis@greatelmcap.com Dear Keri,
Great Elm Group, Inc. • May 15th, 2023 • Services-prepackaged software

This offer letter (the “Offer Letter”) sets forth the terms of your employment as of May 15th, 2023 (the “Effective Date”) as Chief Financial Officer of Great Elm Group, Inc. (“GEG”) and Great Elm Capital Corp., Inc. (“GECC”) and together with each other subsidiary of GEG, collectively or individually, as the context may require (the “Company”). By accepting this offer, this agreement supersedes and replaces that certain employment letter between you and Great Elm Capital Management, Inc. executed on 5/9/2019 and any other previous agreements with the Company.

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