FERRARA EMPLOYMENT AGREEMENT - AMENDMENT #2Employment Agreement • March 30th, 2018 • Cartesian, Inc. • Services-management consulting services
Cartesian, Inc. (the “Company”) and John Ferrara (“You” or “Employee”) entered into an Employment Agreement (the “Original Employment Agreement”) effective September 28, 2015, as amended by Amendment #1 thereto dated September 28, 2016 (the “First Amendment”). The Original Employment Agreement, as amended by the First Amendment, is referred to herein as the “Employment Agreement.” The parties wish to amend the Employment Agreement effective November 14, 2017 by replacing the Section 5(c) of the Employment Agreement set forth in the First Amendment with the following:
CONFIDENTIAL SEVERANCE AGREEMENT AND FULL AND GENERAL RELEASESeverance Agreement • March 30th, 2018 • Cartesian, Inc. • Services-management consulting services • Massachusetts
The purpose of this Confidential Severance Agreement and Full and General Release (“Agreement”) is to set forth the terms and conditions of your separation from employment with Cartesian, Inc. (the “Company”). Unless otherwise defined herein, all capitalized terms used herein shall have the meaning ascribed to them in the Employment Agreement between the Company and John C. Ferrara (“Employee” or “You”), dated September 29, 2015 (“Original Employment Agreement”), as amended by Amendment No. 1 thereto, dated September 28, 2016 (the “First Amendment”) and Amendment No. 2 thereto, dated November 14, 2017 (the “Second Amendment”). The Original Employment Agreement, as amended by the First Amendment and the Second Amendment, is referred to herein as the “Employment Agreement.”
