SEPARATION AGREEMENT, GENERAL RELEASE AND COVENANT NOT TO SUESeparation Agreement • August 6th, 2010 • National Patent Development Corp • Miscellaneous manufacturing industries • New York
This Separation Agreement, General Release and Covenant Not to Sue (the “Agreement”) is entered into by John C. Belknap (“Belknap”) and National Patent Development Corporation (“NPDC”). For the purposes of this Agreement, NPDC and all of its affiliates, subsidiaries, predecessors-in-interest, successors-in-interest, parent and related companies and entities collectively shall be referred to hereinafter as the “Company.” Belknap and the Company agree as follows:
