0001628280-22-013363 Sample Contracts

SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • May 9th, 2022 • CarLotz, Inc. • Retail-auto dealers & gasoline stations • Virginia

This Separation and Release Agreement (the “Agreement”) is entered into on April 1, 2022, by and between Daniel Valerian (“Employee”) and CarLotz Inc., a Delaware corporation (the “Company”). Capitalized terms used but not defined herein shall have the meanings set forth in that certain Employment Agreement, entered into as of December 11, 2020, by and between Employee and the Company (the “Employment Agreement”).

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AMENDMENT TO SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • May 9th, 2022 • CarLotz, Inc. • Retail-auto dealers & gasoline stations

THIS AMENDMENT TO SEPARATION AND RELEASE AGREEMENT (this “Amendment”) is made and entered into on May 5, 2022, by and between CarLotz, Inc., a Delaware corporation (the “Company”), and Daniel Valerian (the “Employee” and, together with the Company, the “Parties”).

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