0001193125-13-199118 Sample Contracts

SEVERANCE AND RELEASE AGREEMENT
Severance and Release Agreement • May 3rd, 2013 • Pendrell Corp • Patent owners & lessors • Washington

This Severance and Release Agreement (“Agreement”) is entered into by and between Pendrell Corporation (“Pendrell” or “Company”) and Thomas J. Neary (“Employee”) (collectively “Parties”) on February 25, 2013 to set forth the terms and conditions of Employee’s separation from Pendrell. In exchange for the benefits described in this Agreement that Employee acknowledges are over and above that to which Employee would otherwise be entitled, Employee agrees to execute this Agreement which includes a full release of all known and unknown claims.

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