TRANSITION agreement and releaseTransition Agreement and Release • January 22nd, 2016 • Modsys International LTD • Services-computer programming services • Washington
This Transition Agreement and Release (this “Agreement”) is made as of January 15th, 2016 by and between Rick Rinaldo, an individual (“Employee”) and Modern Systems Corporation, a Delaware corporation (formerly known as BluePhoenix Solutions USA, Inc.), a wholly-owned subsidiary of ModSys International Ltd. (the “Company” and together with Employee collectively referred to as the “Parties” or individually referred to as a “Party”).
