0001437749-23-013651 Sample Contracts

SEVERANCE AGREEMENT AND GENERAL RELEASE OF CLAIMS
Severance Agreement • May 10th, 2023 • Wrap Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles) • Arizona

THIS SEVERANCE AGREEMENT AND GENERAL RELEASE OF CLAIMS (this “Agreement”) is made and entered into between Glenn Hickman (“Executive”) and Wrap Technologies, Inc. a Delaware corporation (“Wrap” or the “Company”) and Insperity PEO Services L.P. (Insperity). Wrap and Executive are each referred to herein individually as a “Party” and collectively as the “Parties.” The terms of this Agreement are set forth below:

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