0001493152-20-004211 Sample Contracts

SEPARATION, SETTLEMENT AND RELEASE OF CLAIMS AGREEMENT
Separation, Settlement and Release of Claims Agreement • March 18th, 2020 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters • California

This Separation, Settlement and Release of Claims Agreement (“Agreement”) is entered into by and between Reed’s Inc., a Delaware corporation, (the “Employer”) and Stefan Freeman (the “Employee”) (the Employer and the Employee are collectively referred to herein as the “Parties”) as of November 22, 2019 (the “Execution Date”). Employee and Employer are parties to that certain Employment Agreement effective October 4, 2017 (“Employment Agreement”). This Agreement amends, supersedes and replaces in its entirety the Employment Agreement.

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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 18th, 2020 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters • Connecticut

This Employment Agreement (the “Agreement”) is made and effective as of December 2, 2019 (the “Effective Date”) by and between Reed’s, Inc., a Delaware corporation (“Reed’s” or the “Company”), and Thomas J. Spisak (the “Executive”).

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