CONSULTING AGREEMENTConsulting Agreement • August 9th, 2007 • Applied Digital Solutions Inc • Communications equipment, nec • Florida
THIS CONSULTING AGREEMENT (the “Agreement”) is made effective this 8th day of August, 2007, between Randolph K. Geissler, whose address is 410 Brookwood Dr., Hudson, WI 54016, (the “Consultant”), and VeriChip Corporation, a Delaware corporation, whose principal place of business is located at 1690 South Congress Avenue, Suite 200, Delray Beach, Florida 33445 (the “Company”).
August 6, 2007 Mr. Kevin McGrath 3778 Coventry Lane Boca Raton, Florida 33496 Re: Letter Agreement Dear Kevin:Letter Agreement • August 9th, 2007 • Applied Digital Solutions Inc • Communications equipment, nec
As discussed, this Letter Agreement sets forth our mutual understanding with regard to your departure from Digital Angel Corporation (“Digital Angel”) and your resignation as a member of the Board of Directors (the “Board”) and as President and Chief Executive Officer. In consideration of our mutual promises and agreements, and the payments set forth herein, we agree as follows:
