Severance Pay. If you do not rescind this Agreement as set forth in Section 7 below, the Company shall provide you with six (6) months of severance pay, in the total gross amount of One Hundred and Sixty-Seven Thousand and Five Hundred Dollars ($167,500.00) (the “Severance Pay”). The Severance Pay will be payable in equal installments at your current bi-weekly amount on the normal bi-weekly payroll schedule, less applicable deductions and withholdings.

Severance Benefits. In further consideration of this Agreement, the Company agrees to pay Employee the amount of One Hundred Forty-Four Thousand Dollars ($144,000.00) (the “Severance Benefits”). The Company will pay the Severance Benefits to Employee in thirteen (13) bi-weekly installment payments of Eleven Thousand, Seventy Six & 92/100 ($11,076.92) each (the “Additional Bi-Weekly Payments”), consistent with the Company’s regular payroll intervals during the Separation Pay Period; provided the Additional Bi-Weekly Payments shall not become due and payable until the Company’s regular payroll date that occurs at least seven (7) days after the General Release becomes effective and period for revocation has expired. Payment of the Severance Benefits shall be subject to applicable withholdings and other ordinary and customary payroll taxes.

The Company shall pay you a total of $380,000 (“Severance Payment”), which represents 12 months of base salary. The payments will be made in regular periodic installment payments at the rate of $14,615.38 biweekly. Severance Payment installments shall commence on the first regular payroll within 30 days after the expiration of the seven (7) day revocation period set forth in [section 14(h)] of this Agreement has expired (assuming you have not revoked the Agreement within that period).

Severance. The Company will pay Employee severance in a total gross amount of Six Hundred and Fifteen Thousand and Twenty-Four Dollars ($615,024), less withholding for taxes and other similar items (the “Severance”). The Severance will be paid over a one-year period in substantially equal installments pursuant to the Company’s normal payroll practices as in effect from time to time, starting as soon as practicable, but not later than thirty (30) days, following the Effective Date.

Severance Pay. Subject to you not revoking this Agreement as set forth in Section 16 below and in accordance with your offer letter, dated as of December 15, 2015 (the “Offer Letter”), the Company will on the first payroll date following the Effective Date: # commence paying you your current base salary for nine months in accordance with the Company’s standard payroll procedures, and # will make a lump sum cash payment to you equal to $148,556 (which represents your target bonus for 2019), each less all applicable withholdings. If you breach any provision of this Agreement, you understand that no additional severance payments will be made.

Severance Payment. If you execute this Agreement, and fully comply with your obligations hereunder, the Company will make twenty-four severance payments to you in the bi-monthly, gross amount of $15,066.67 for twelve months following the Separation Date. These payments will be subject to standard payroll deductions and withholdings and will be made on the Company’s ordinary payroll dates, beginning with the first such date which occurs at least eight (8) business days following the Company's receipt of your executed Agreement. The Company is offering severance to you in reliance on Treasury Regulation Section 1.409A­ l(b)(9) and the short-term deferral exemption in Treasury Regulation Section l.409A-l(b)(4). Any payments made in reliance on Treasury Regulation Section l.409A-l(b)(4) will be made not later than November 15, 2020. For purposes of Code [Section 409A], your right to receive any installment payments under this letter (whether severance payments, reimbursements or otherwise) shall be treated as a right to receive a series of separate payments and, accordingly, each installment payment hereunder shall at all times be considered a separate and distinct payment.