SEVERANCE AGREEMENT AND GENERAL RELEASESeverance Agreement • March 2nd, 2017 • Scansource, Inc. • Wholesale-computers & peripheral equipment & software • South Carolina
THIS RELEASE (“Release”) is effective as of the 24th day of February, 2017, by John J. Ellsworth (“Executive”) in favor of ScanSource, Inc. (“ScanSource” or the “Company”). This is the Release referred to in that certain Employment Agreement dated effective as of July 1, 2014 by and between the Company and Executive (the “Employment Agreement”). Executive gives this Release in consideration of the Company’s promises and covenants as recited herein and in the Employment Agreement, with respect to which this Release is an integral part.
