0001193125-09-071449 Sample Contracts

Re: Separation and General Release Agreement
Separation and General Release Agreement • April 2nd, 2009 • Overland Storage Inc • Computer storage devices • California

As we discussed, your employment with Overland Storage, Inc. (the “Company”) will terminate effective March 27, 2009 (“Separation Date”). Although the Company does not have a formal severance policy, this letter sets forth our proposed agreement concerning your separation from the Company, benefits from the Company and your release of the Company from any obligations or claims.

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