SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • March 16th, 2011 • Augme Technologies, Inc. • Communications equipment, nec • New York
This Separation and Release Agreement (this “Agreement”) is made and entered into as of July 9, 2010 (the “Contract Date”), by and between Scott Russo (“Employee” or “You”) and Augme Technologies, Inc., (formerly Modovox, Inc.) a Delaware corporation (the “Company” or “Employer”). Employee and the Company are sometimes each referred to herein as a “Party” and collectively, as the “Parties”. Terms used herein but not otherwise defined shall have the meanings ascribed thereto in the Employment Agreement (as defined below).
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • March 16th, 2011 • Augme Technologies, Inc. • Communications equipment, nec • Arizona
This Separation and Release Agreement (this “Agreement”) is made and entered into as of August 31, 2010 (the “Contract Date”), by and between David Ide (“Employee” or “You”) and Augme Technologies, Inc., (formerly Modovox, Inc.) a Delaware corporation (the “Company” or “Employer”). Employee and the Company are sometimes each referred to herein as a “Party” and collectively, as the “Parties”. Terms used herein but not otherwise defined shall have the meanings ascribed thereto in the Employment Agreement (as defined below).
AMENDMENT TO TODD E. WILSON’S MEMBERSHIP TO THE BOARD OF DIRECTORS OF AUGME TECHNOLOGIES, INC.Augme Technologies, Inc. • March 16th, 2011 • Communications equipment, nec
You will receive a stock option grant of 300,000 unregistered options of common stock of the Company at an exercise price of $1.00 (which exercise price is not less than the closing price for Company stock on the date of Board approval of your appointment to the Board (June 8, 2010)), which options will vest annually over (3) years (1/3 per year) with a term of five (5) years, per the terms and conditions of the company’s standard stock option agreement (which agreement includes accelerated (100%) vesting upon a Change in Control of the Company). In addition, you will receive a quarterly stock option grant equal to six-thousand (6,000) options per quarter in which you are a member of the board on the last day of the quarter, which options (a) shall have an exercise price equal to the 20-day trailing average closing price of the stock (from the last day of the quarter) with respect to the quarter for which the grant relates; and (b) shall have the same vesting period and term as describ
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2011 • Augme Technologies, Inc. • Communications equipment, nec
The EMPLOYMENT AGREEMENT dated June 8, 2010, by and between Augme Technologies, Inc., a Delaware corporation, with its principal office at 43 W. 24th Street, Suite 11B, New York, NY 10010, (the “Company”) and Paul R. Arena, (“Employee”) is hereby amended as follows with the remaining provisions of the Employment Agreement remaining in full force and effect.
