0001564590-18-013658 Sample Contracts

Mr. Richard S. Chernicoff Mercer Island, WA 98040 Dear Mr. Chernicoff:
Letter Agreement • May 15th, 2018 • Great Elm Capital Group, Inc. • Services-prepackaged software • Delaware

This 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”).

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