Re: Separation Agreement and ReleaseSeparation Agreement and Release • May 14th, 2002 • Lightbridge Inc • Radiotelephone communications
This letter will confirm our mutual understanding with respect to the arrangements we have made in connection with your resignation as an officer of Lightbridge, Inc. (the “Company”) and the termination of your employment.
Lightbridge, Inc. Memorandum AgreementMemorandum Agreement • May 14th, 2002 • Lightbridge Inc • Radiotelephone communications
You are currently the holder of one or more options to purchase 100,000 shares of Common Stock of Lightbridge, Inc. (the “Company”), par value $.01 per share, with an exercise price equal to $23.00 per share (the “Old Options”). Your Options are listed on Exhibit A by: (i) date of grant, (ii) number of shares originally subject to the option, (iii) exercise price per share, and (iv) type of option (incentive or non-qualified).
