SEVERANCE AGREEMENT AND GENERAL RELEASESeverance Agreement • February 13th, 2015 • Crimson Forest Entertainment Group Inc. • Wholesale-drugs, proprietaries & druggists' sundries • California
Contract Type FiledFebruary 13th, 2015 Company Industry JurisdictionTHIS SEVERANCE AGREEMENT AND GENERAL RELEASE (“Agreement”) is made effective as of the date set forth below by and between Justin Begnaud (“Employee”), on the one hand, and each of Crimson Forest Entertainment Group, Inc., a Nevada corporation (“Crimson”), Crimson Forest Entertainment (USA) LLC, a California limited liability company, Unknown Caller LLC, a California limited liability company, Convergence The Movie, LLC, a California limited liability company, Nian The Movie, LLC, a California limited liability company, Crimson Forest Films (Canada) Ltd., a British Columbia company, and Crimson Forest Films Pty Ltd, an Australian company (severally and collectively, “Company”), on the other hand. In consideration of the mutual covenants, terms and conditions contained herein, Employee and Company agree as follows: