Mr. Richard S. Chernicoff Mercer Island, WA 98040 Dear Mr. Chernicoff:Separation Agreement • May 15th, 2018 • Great Elm Capital Group, Inc. • Services-prepackaged software • Delaware
Contract Type FiledMay 15th, 2018 Company Industry JurisdictionThis letter agreement (this “Agreement”), dated as of the date hereof (the “Separation Date”), and, solely with respect to Section 5(b) below, retroactively effective to February 28, 2018 (the “Salary Termination Date”), sets forth terms of your separation from employment with and agreement to provide post-employment consulting services to Great Elm Capital Group, Inc. (the “Company”).