SEPARATION AND RETIREMENT AGREEMENTSeparation and Retirement Agreement • August 27th, 2007 • Avatech Solutions Inc • Services-prepackaged software • Maryland
Contract Type FiledAugust 27th, 2007 Company Industry JurisdictionTHIS SEPARATION AND RETIREMENT AGREEMENT (this “Agreement”) is made and entered into as of August 22, 2007 (the “Effective Date”) by and between AVATECH SOLUTIONS, INC., a Delaware corporation with its principal office located at 10715 Red Run Boulevard, Suite 101, Owings Mills, MD 21117 (together with its successors and assigns, “Avatech”), and DONALD R. “SCOTTY” WALSH, who resides at 14112 Phoenix Road, Phoenix, MD 21131 (“Walsh”) (Walsh and Avatech referred to herein as the “Parties”). The Parties acknowledge that the terms and conditions of this Agreement have been voluntarily agreed to and that such terms are final and binding.