Separation AND Release AgreementSeparation and Release Agreement • August 25th, 2020 • Helius Medical Technologies, Inc. • Electromedical & electrotherapeutic apparatus • Pennsylvania
This Separation and Release Agreement (this “Agreement”) is made and entered into by and between Helius Medical Technologies Inc., a Delaware corporation (the “Company”) and Phillippe Deschamps (“Executive”). Capitalized terms used but not defined in this Agreement will have the meanings ascribed to them in the Employment Agreement between Executive and the Company dated June 13, 2014, as amended (the “Employment Agreement”).
HELIUS LETTERHEAD]Helius Medical Technologies, Inc. • August 25th, 2020 • Electromedical & electrotherapeutic apparatus
You have agreed to serve as Interim President and Chief Executive Officer (“Interim CEO”) of Helius Medical Technologies, Inc. (the “Company”) during the Company’s search for a permanent President and Chief Executive Officer (“Successor CEO”). This letter agreement (the “Agreement”) sets forth the terms of your employment as the Company’s Interim CEO and is effective as of August 23, 2020 (the “Effective Date”).
