AGREEMENT AND GENERAL RELEASEAgreement and General Release • May 1st, 2017 • Ansys Inc • Services-prepackaged software • Washington
Contract Type FiledMay 1st, 2017 Company Industry JurisdictionThis Agreement and General Release (“Agreement”) is entered into by ANSYS, Inc., a Delaware corporation with a principal office at 2600 Ansys Drive, Canonsburg, PA 15317 (“ANSYS”), and Walid Abu-Hadba, an individual residing at 1706 Hunters Path Lane, Pittsburgh, PA 15241, (“Employee”) (collectively the “Parties”). The purpose of this Agreement is to establish an amicable arrangement for ending the employment relationship, including releasing ANSYS and related persons and entities from any claims and permitting Employee to receive severance benefits. In consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Parties agree as follows: