0001299933-06-007749 Sample Contracts

Mr. J. Donald Oldham 19 Colburn Circle Sudbury, MA 01776 Re: Separation Agreement and Release Dear Don:
Separation Agreement and Release • November 28th, 2006 • Lightbridge Inc • Radiotelephone communications • Massachusetts

This letter agreement will confirm our mutual understanding with respect to the arrangements we have made in connection with the termination of your position as an officer of Lightbridge, Inc. (“Lightbridge” or the “Company”) and the termination of your employment.

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