SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • November 7th, 2005 • Affordable Residential Communities Inc • Real estate investment trusts • Colorado
This Separation and Release Agreement (the “Agreement”) is entered this 4th day of November, 2005 (the “Effective Date”) by and between John G. Sprengle (“Employee”) 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 (Parent and its affiliates collectively hereinafter sometimes referred to as “ARC”).
