Re: Agreement and General Release of ClaimsAgreement and General Release of Claims • October 8th, 2009 • Infosonics Corp • Wholesale-electronic parts & equipment, nec • California
Contract Type FiledOctober 8th, 2009 Company Industry JurisdictionThis agreement (“Agreement”) confirms our understanding and agreement with you individually and as trustee of the Abraham Rosler Family Trust dated July 30, 1999 (the “Trust”), with regard to the termination of your employment with InfoSonics Corporation and its subsidiaries and affiliates (collectively, “Company” or “Releasee”) effective October 6, 2009, (“the Separation Date”), the forfeiture of your options and options held by the Trust, and the resignation of your officer and director positions. The following provisions set forth the terms of the Agreement in exchange for a release of claims, as outlined below.