SEPARATION AND SETTLEMENT AGREEMENT AND FULL RELEASE OF ALL CLAIMSSeparation and Settlement Agreement • March 30th, 2004 • Ants Software Inc • Services-computer programming services • California
This Separation and Settlement Agreement and Full Release of All Claims (the "Agreement") is made as of the 14th day of January, 2004, by and between ANTs software inc., a Delaware corporation (the "Company") and Gary Ebersole ("Ebersole"). Its purpose is to set forth the parties' agreement regarding Ebersole's separation from employment as President, Chief Operating Officer, officer and a director and agent of the Company on January 31, 2004, the benefits he is to receive in connection with that separation, and the mutual waivers and releases the parties are giving each other. In consideration of the mutual promises and undertakings contained in this Agreement, the parties agree as follows:
