0001140361-14-010848 Sample Contracts

SEVERANCE BENEFITS AGREEMENT
Severance Benefits Agreement • March 4th, 2014 • Active Power Inc • Electric services • Texas

THIS SEVERANCE BENEFITS AGREEMENT (the “Agreement”) is made as of the 4th day of November, 2013 between Active Power, Inc., (the “Company”), and James Powers, an individual resident of Raleigh, North Carolina (“Employee”). Employee and the Company are collectively referred to herein as the “Parties.”

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement • March 4th, 2014 • Active Power Inc • Electric services • Texas

This Separation Agreement and Release (“Agreement”) is made by and between Steven R. Fife (“Employee”) and Active Power, Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

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