SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • November 12th, 2004 • Affordable Residential Communities Inc • Real estate investment trusts • Colorado
This Separation and Release Agreement (the “Agreement”) is entered this 26th day of October, 2004 by and between GEORGE W. MCGEENEY (“McGeeney”) and AFFORDABLE RESIDENTIAL COMMUNITIES INC., a Maryland corporation (“Parent”) and ARC MANAGEMENT SERVICES, INC., a Delaware corporation, on behalf of themselves and their affiliated entities ARC (Parent and its affiliates collectively hereinafter sometimes referred to as “ARC”).
