SEPARATION AGREEMENTSeparation Agreement • April 2nd, 2009 • Elandia International Inc. • Telephone communications (no radiotelephone) • Florida
This Separation Agreement (“Agreement”) is made and entered into on March 31, 2009 effective as of February 28, 2009 (the “Effective Date”), by and between OSCAR COEN (the “Executive”), on the one hand, and ELANDIA INTERNATIONAL INC. (“eLandia,” or, collectively, with its Affiliates, “the Company”), on the other hand. The term “Affiliate,” in this Agreement, means any corporation or other entity that, directly or indirectly, controls, is controlled by, or is under common control with, eLandia.
