SEPARATION AGREEMENT AND RELEASE OF ALL CLAIMSSeparation Agreement and Release • February 25th, 2013 • Adept Technology Inc • Special industry machinery, nec • California
This Separation Agreement and Release of All Claims ("Agreement") is made and entered into by and between John Boutsikaris (hereinafter "Employee") and Adept Technology, Inc. (hereinafter “Adept” or “the Company”). This Agreement supersedes any and all prior severance agreements and programs, all of which are terminated and of no force and effect (to the extent they existed), except as specified herein. This Agreement is deemed “effective” as of the eighth day after Employee executes the Agreement, assuming he has not exercised his right of revocation described in Paragraph 8(g) herein.
