SEPARATION AGREEMENTSeparation Agreement • September 1st, 2021 • Medifast Inc • Miscellaneous food preparations & kindred products • Maryland
This Separation Agreement (the “Agreement”) is made by and between Jason Pharmaceuticals, Inc., its affiliates, subsidiaries, predecessors, successors and assigns, and their officers, directors, trustees, employees, agents, attorneys, representatives, insurers, employee benefit plans, fiduciaries, and administrators (past, present and future) (individually and collectively referred to as the “Company” or the “Employer”), and Stephen Johnson “Employee”). Employee’s employment relationship with the Company is terminating effective August 5, 2021. The Company wishes to provide Employee with a severance to assist him in his transition and separation from employment with the Company. Based on the mutual promises contained herein and other good and valuable consideration, Company and Employee agree as follows:
