CONFIDENTIAL SEVERANCE AND RELEASE AGREEMENTSeverance Agreement • October 14th, 2009 • Mandalay Media, Inc. • Patent owners & lessors • California
Contract Type FiledOctober 14th, 2009 Company Industry JurisdictionThis Confidential Severance and Release Agreement (the “Agreement”) is entered into by and between Ian Aaron (hereinafter “Employee”) on the one hand, and Twistbox Entertainment, Inc., as successor-in-interest to the WAAT Corporation and Mandalay Media, Inc. (”Mandalay”) (collectively hereinafter the “Company”) on the other hand.