General Release and Severance Agreement Sample Contracts

GENERAL RELEASE AND SEVERANCE AGREEMENT ("AGREEMENT")
General Release and Severance Agreement • November 24th, 2004 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
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GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • May 11th, 2018 • Alliqua BioMedical, Inc. • Surgical & medical instruments & apparatus • Delaware

This General Release and Severance Agreement (the “Agreement”), dated as of May 7, 2018, is made and entered into by and between Nino Pionati and Alliqua Biomedical, Inc. (“Alliqua”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • March 19th, 2021 • U.S. Gold Corp. • Metal mining • Nevada

This General Release and Severance Agreement (the “Agreement”), dated as of March 19, 2021, is made and entered into by and between Edward Karr (“Employee”) and U.S. Gold Corp. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • January 7th, 2009 • Warren Resources Inc • Crude petroleum & natural gas • New York

This GENERAL RELEASE AND SEVERANCE AGREEMENT (the “Agreement”) is entered into on and as of December 22, 2008 (the “Execution Date”); however, the same shall be effective, as more particularly provided for herein, on and as of January 1, 2009 (the “Effective Date”), by and between: (1) LLOYD G. DAVIES (“Davies” or “Employee”); and (2) WARREN RESOURCES, INC. (“WRI”), WARREN E&P, INC. (“WEP”) and WARREN RESOURCES OF CALIFORNIA, INC. (“WRC”), as their respective interests in the subject matter hereof appear. WRI, WEP and WRC may be referred to herein collectively as the “Company” or “Warren”. Davies, Employee, WRI, WEP, WRC, Company and Warren may be referred to herein individually as a “Party” and collectively as the “Parties.”

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • March 18th, 2024 • Eightco Holdings Inc. • Short-term business credit institutions • Florida

This General Release and Severance Agreement (the “Agreement”), dated as of March 17, 2024 is made and entered into by and between Kevin O’Donnell (“Employee”) and Eightco Holdings Inc., a Delaware corporation (formerly and including Cryptyde, Inc.) (the “Company”). The Company and the Executive shall be referred to herein as the “Parties.”

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • December 22nd, 2017 • Staffing 360 Solutions, Inc. • Services-help supply services • New York

This General Release and Severance Agreement (the “Agreement”), dated as of December 21, 2017, is made and entered into by and between Matthew Briand, his heirs, successors and assigns (collectively, “Employee”) and Staffing 360 Solutions, Inc., and any of its parents, predecessors, successors, subsidiaries, affiliates or related companies (including, without limitation Monroe Staffing Services LLC (“Monroe Staffing”)) (collectively, the “Company”).

RECITALS
General Release and Severance Agreement • March 11th, 2004 • Dura Automotive Systems Inc • Motor vehicle parts & accessories • Michigan
GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • February 26th, 2024 • Eightco Holdings Inc. • Short-term business credit institutions • Florida

This General Release and Severance Agreement (the “Agreement”), dated as of February 26, 2024 is made and entered into by and between Brian McFadden (“Employee”) and Eightco Holdings Inc. (formerly and including Cryptyde, Inc.) (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • January 14th, 2022 • AYRO, Inc. • Communications services, nec • Texas

This General Release and Severance Agreement (the “Agreement”), dated as of January 11, 2022, is made and entered into by and between Curtis Smith (“Employee”) and AYRO, Inc. (formerly Austin EV, Inc.) (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • August 14th, 2013 • Baxano Surgical, Inc. • Surgical & medical instruments & apparatus • North Carolina

This GENERAL RELEASE AND SEVERANCE AGREEMENT (the “GENERAL RELEASE AGREEMENT”) is made and entered into between TranS1 Inc., a Delaware corporation having a principal place of business in North Carolina (the “Company”) and Dwayne Montgomery, a resident of the state of Tennessee, employed by the Company in North Carolina (the “Employee”). Throughout the remainder of this GENERAL RELEASE AGREEMENT, the Company and Employee may be collectively referred to as “the parties.”

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • January 4th, 2022 • Cytrx Corp • Biological products, (no disgnostic substances) • California

This General Release and Severance Agreement (the “Agreement”), dated as of January 3, 2022, is made and entered into by and between Steven Kriegsman (“Executive”) and CytRx Corporation (“CytRx”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • September 26th, 2003 • Party City Corp • Retail-miscellaneous shopping goods stores • New Jersey

This General Release and Severance Agreement (hereafter “Agreement”), is hereby entered into between James Shea (“Executive”), and Party City Corporation, a Delaware corporation (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • February 26th, 2024 • Eightco Holdings Inc. • Short-term business credit institutions • Florida

This General Release and Severance Agreement (the “Agreement”), dated as of February 26, 2024 is made and entered into by and between Brett Vroman (“Employee”) and Eightco Holdings Inc. (formerly and including Cryptyde, Inc.) (the “Company”).

First Amendment
General Release and Severance Agreement • March 18th, 2024 • Eightco Holdings Inc. • Short-term business credit institutions

This First Amendment to General Release and Severance Agreement (this “Amendment”), dated as of March 17, 2024 is made and entered into by and between Brian McFadden (“Employee”) and Eightco Holdings Inc., a Delaware corporation (formerly and including Cryptyde, Inc.) (the “Company”) for the purpose of amending that certain General Release and Severance Agreement by and between Employee and the Company, dated as of February 26, 2024 (the “Severance Agreement”). Terms used in this Amendment with initial capital letters that are not otherwise defined herein shall have the meanings ascribed to such terms in the Severance Agreement.

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • December 15th, 2023 • AYRO, Inc. • Communications services, nec • Texas

This General Release and Severance Agreement (the “Agreement”), dated as of December 13, 2023 is made and entered into by and between Thomas Wittenschlaeger (“Employee”) and AYRO, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • January 11th, 2016 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • New York

This General Release and Severance Agreement (the “Agreement”), dated as of January 7, 2016, is made and entered into by and between Andrew Minkow (“Executive”) and Pioneer Power Solutions, Inc. (“Pioneer”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • September 28th, 2018 • InspireMD, Inc. • Surgical & medical instruments & apparatus • New York

This General Release and Severance Agreement (the “Agreement”), dated as of September 16, 2018, is made and entered into by and between Agustin Gago (“Executive”) and InspireMD, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • March 19th, 2014 • Alliqua, Inc. • Surgical & medical instruments & apparatus • New York

This General Release and Severance Agreement (the “Agreement”), dated as of March 14, 2014, is made and entered into by and between James Sapirstein and Alliqua, Inc. along with any of its parents, predecessors, successors, subsidiaries, affiliates or related companies (collectively “Alliqua”).

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GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • September 14th, 2006 • Gametech International Inc • Services-miscellaneous amusement & recreation

THIS GENERAL RELEASE AND SEVERANCE AGREEMENT (“Agreement”) is made effective August 25, 2006 between GameTech International, Inc. (“Employer” or the “Company”) and James C. Wilson (“Employee”). Employee was employed by Employer as Chief Financial Officer and Employer has elected to terminate such employment effective close of business August 25, 2006 (the “Severance Date”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • May 16th, 2019 • Pulmatrix, Inc. • Pharmaceutical preparations • Massachusetts

This General Release and Severance Agreement (the “Agreement”), dated as of May 16, 2019, is made and entered into by and between Robert Clarke, Ph.D. (“Executive”) and Pulmatrix, Inc. (the “Company”).For good and valuable consideration, receipt of which is hereby acknowledged, in order to effect a mutually satisfactory and amicable separation of employment from the Company and to resolve and settle finally, fully and completely all matters and disputes that now or may exist between them, as set forth below, Executive and the Company agree as follows:

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • February 7th, 2023 • BioSig Technologies, Inc. • Electromedical & electrotherapeutic apparatus • Delaware

This General Release and Severance Agreement (this “Agreement”), dated as of January 29, 2023, is made and entered into by and between Steve Chaussy (“Employee”) and BioSig Technologies, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • July 19th, 2024 • Pulmatrix, Inc. • Pharmaceutical preparations • Massachusetts

This General Release and Severance Agreement (this “Agreement”), dated as of July 19, 2024, is made and entered into by and between Teofilo Raad (“Employee”) and Pulmatrix, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • August 14th, 2003 • Castle Dental Centers Inc • Services-management services • Texas
GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • June 17th, 2024 • MyMD Pharmaceuticals, Inc. • In vitro & in vivo diagnostic substances • Maryland

This General Release and Severance Agreement (the “Agreement”), dated as of June 14 2024 is made and entered into by and between Chris Chapman, M.D. (“Employee”) and MyMD Pharmaceuticals, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • February 7th, 2023 • BioSig Technologies, Inc. • Electromedical & electrotherapeutic apparatus • Delaware

This General Release and Severance Agreement (this “Agreement”), dated as of January 29, 2023, is made and entered into by and between Steve Chaussy (“Employee”) and BioSig Technologies, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • March 1st, 2010 • Gametech International Inc • Services-miscellaneous amusement & recreation • Nevada

THIS GENERAL RELEASE AND SEVERANCE AGREEMENT (“Agreement”) by and between Jay Meilstrup (hereinafter referred to as “Meilstrup” or “Employee”) and GameTech International, Inc., a Delaware corporation (hereinafter referred to as “GameTech” or “the Company” or “Employer”), is made and entered into this 26th day of February, 2010. The Company and Meilstrup shall hereinafter be referred to collectively as “the Parties.”

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • July 11th, 2006 • Dynamex Inc • Trucking & courier services (no air)

This General Release and Severance Agreement (the “Agreement”) is between James Wicker (“Executive”), 2600 Lakeview Court, Prosper, Texas 75078 and Dynamex Inc. (“Dynamex”). The Effective Date of this Agreement is the day it is signed by Executive (“Effective Date”).

EX-10.64 2 d635141dex1064.htm EX-10.64 GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • May 5th, 2020 • North Carolina

This GENERAL RELEASE AND SEVERANCE AGREEMENT (the “GENERAL RELEASE AGREEMENT”) is made and entered into between Quintiles Transnational Corp. (the “Company”) and JOHN RATLIFF (the “Employee”). Throughout the remainder of the GENERAL RELEASE AGREEMENT, the Company and Employee may be collectively referred to as “the parties.”

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • December 10th, 2019 • InspireMD, Inc. • Surgical & medical instruments & apparatus • Delaware

This General Release and Severance Agreement (the “Agreement”), dated as of December 9, 2019, is made and entered into by and between James Barry (“Executive”) and InspireMD, Inc. (the “Company”).

GENERAL RELEASE AND SEVERANCE AGREEMENT
General Release and Severance Agreement • September 17th, 2019 • Staffing 360 Solutions, Inc. • Services-help supply services • New York

This General Release and Severance Agreement (the “Agreement”), dated as of September 11, 2019, is made and entered into by and between David Faiman (“Employee”) and Staffing 360 Solutions, Inc. (the “Company”).

General Release and Severance Agreement
General Release and Severance Agreement • June 7th, 2023 • Lakeland Industries Inc • Orthopedic, prosthetic & surgical appliances & supplies

This General Release and Severance Agreement (“Release”) hereby is made and entered into by and between Allen E. Dillard (the “Executive”) and Lakeland Industries, Inc. (the “Company”) and to and for the benefit of the Released Parties, as defined below. Pursuant to formal notice to Executive on April 6, 2023, the last day of Executive’s employment and the date of termination of the Employment Agreement, as defined below, is April 6, 2023 (“Termination Date”), on which he relinquished all privileges, duties, responsibilities and authority as Chief Operating Officer and all such other positions and offices he holds with the Company and its subsidiaries and as an employee of the Company. The Company has terminated Executive’s employment “Without Cause” under the Employment Agreement dated February 11, 2021, as amended (the “Employment Agreement”) and, pursuant to the Employment Agreement, will provide or pay Executive (i) any accrued and unpaid Base Salary through the Termination Date wi

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