SEVERANCE AGREEMENT AND RELEASE Re: Yves Audebert and ActivIdentity CorporationSeverance Agreement and Release • February 9th, 2009 • Actividentity Corp • Services-prepackaged software • California
Contract Type FiledFebruary 9th, 2009 Company Industry JurisdictionI, Yves Audebert (“Executive”) acknowledge that my employment with Activldentity Corporation and its affiliates and subsidiaries (collectively, the “Company”) terminated effective on November 14, 2008 (the “Separation Date”). This Severance Agreement and Release (the “Release”) is in consideration of the commitments made by the parties released hereby, all of which commitments are set forth in this document.