FARO TECHNOLOGIES, INC. SEVERANCE AGREEMENTSeverance Agreement • July 28th, 2006 • Faro Technologies Inc • Measuring & controlling devices, nec
This Severance Agreement (the “Agreement”) is made and entered into effective as of the 24th day of July, 2006 (the “Effective Date”) by and between FARO Technologies, Inc. (the “Company”) and BARBARA SMITH (hereinafter referred to as “Executive”). Executive has tendered her resignation, and the Company and Executive hereby desire to enter into this Agreement setting forth the terms of Executive’s severance in order to ensure an efficient and orderly transition in the Company’s management team.
