CLAYTON HOLDINGS, INC. LETTERHEAD] October 18, 2006Clayton Holdings Inc • October 18th, 2006 • Services-business services, nec • Connecticut
This letter confirms your separation from employment with Clayton Holdings, Inc. (formerly known as CMH Holdings, Inc.) and any and all of its subsidiaries or affiliates, including but not limited to Clayton Technologies, Inc. (collectively, the “Company”). This letter also confirms the agreement that you have reached with the Company with respect to your separation. The purpose of this Agreement is to establish an amicable arrangement for ending your employment relationship, including releasing the Company and related persons or entities from any claims, permitting you to receive separation pay and related benefits, and acknowledging your continuing obligations to the Company. If you agree to the terms of this Agreement, you acknowledge that you are entering into this Agreement voluntarily.
