SEPARATION AND GENERAL RELEASE AGREEMENTSeparation and General Release Agreement • October 4th, 2024 • Loop Media, Inc. • Services-help supply services
This Separation and General Release Agreement (the “Agreement”) confirms the terms of the separation of Neil Watanabe (“you” or “your”) employment with Loop Media, Inc. (the “Company”), including the payments described below in section 5 that you will receive if you (a) sign and return this Agreement to the Company by 45 days of receipt (the “Return Date”), (b) do not revoke this Agreement during the 7-day revocation period explained in section 7 below, and (c) comply with the other terms of this Agreement, and if the Agreement is also signed by the Company.
October 1, 2024 Ari Olgun VIA EMAILLoop Media, Inc. • October 4th, 2024 • Services-help supply services
Loop Media, Inc. (the “Company”) is pleased to offer you continued employment on the terms set forth in this letter agreement (the “Agreement”). These terms are effective on October 1, 2024 (the “Effective Date”). This Agreement is intended to supersede and replace all prior employment agreements between you and the Company, including the terms set forth in your 2022 Employment Agreement.
