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RELEASE OF CLAIMS As used in this Release of Claims (this " Release "), the term "claims" will include all claims, covenants, warranties, promises, undertakings, actions, suits, causes of action, obligations, debts, acco

Key Takeaway: As used in this Release of Claims (this "Release"), the term "claims" will include all claims, covenants, warranties, promises, undertakings, actions, suits, causes of action, obligations, debts, accounts, attorneys' fees, judgments, losses, and liabilities, of whatsoever kind

Full Press Release Details

As used in this Release of Claims
(this "Release"), the term "claims" will include all claims, covenants, warranties, promises, undertakings,
actions, suits, causes of action, obligations, debts, accounts, attorneys' fees, judgments, losses, and liabilities, of whatsoever
kind or nature, in law, in equity, or otherwise.
For and in consideration of
the Severance Payment (as defined below) and other good and valuable consideration, I, Bruce Harmon for and on behalf of myself and my
heirs, administrators, executors, and assigns, effective the date on which this release becomes effective pursuant to its terms, do fully
and forever release, remise, and discharge each of the Company and each of its direct and indirect subsidiaries and affiliates, together
with their respective officers, directors, partners, shareholders, employees, and agents (collectively, the "Group")
from any and all claims whatsoever up to the date hereof that I had, may have had, or now have against the Group, for or by reason of
any matter, cause, or thing whatsoever, including any claim arising out of or attributable to my employment or the termination of my employment
with the Company, whether for tort, breach of express or implied employment contract, intentional infliction of emotional distress, wrongful
termination, unjust dismissal, defamation, libel, or slander, or under any federal, state, or local law dealing with discrimination based
on age, race, sex, national origin, handicap, religion, disability, or sexual orientation. This release of claims includes, but is not
limited to, all claims arising under the Age Discrimination in Employment Act ("ADEA"), Title VII of the Civil Rights
Act, the Americans with Disabilities Act, the Civil Rights Act of 1991, the Family Medical Leave Act, and the Equal Pay Act, each as may
be amended from time to time, and all other federal, state, and local laws, the common law, and any other purported restriction on an
employer's right to terminate the employment of employees. The release contained herein is intended to be a general release of any
and all claims to the fullest extent permissible by law.
I acknowledge and agree that
as of the date I execute this Release, I have no knowledge of any facts or circumstances that give rise or could give rise to any claims
under any of the laws listed in the preceding paragraph.
I acknowledge and agree that,
provided that I honor all of my commitments set forth herein, I will be entitled to a one-time payment in the gross amount of $66,152.61
less withholdings and deductions applicable to wages (the "Severance Benefit"). The Severance Benefit will be paid in full
via direct deposit on or before June 19, 2024. I further expressly acknowledge and agree that I am not entitled to the Severance Benefit
(or any portion thereof) unless I execute and do not revoke this Release and satisfy the terms herein.
As a condition of receiving
the Severance Benefit, I: (a) have irrevocably resigned from my employment with the Company, and from all other offices I hold with the
Company, effective as of June 8, 2024; and (b) have provided the Company with all Company work product in my possession that have not
been saved with Company records.
I acknowledge and agree that,
except for the Severance Benefit, no other monetary payments or any other form of consideration shall be provided to me in exchange for
entering this Release (including any stock, stock options, stock appreciation rights or any other form of equity compensation). I acknowledge
that any unvested stock option grants or stock grants from the Company or the Company Group are hereby forfeited and returned to the Company.
I acknowledge and agree that I have previously received all salary, bonuses, vacation pay, and any other forms of compensation in connection
with my services to the Company through the date of this Release.
As a further condition of receiving
the Severance Benefit, I agree to refrain from any communications, concerning the Company, its operations, business plans, finances, directors,
officers, or employees, with any of the Company's investors, shareholders, bankers, business partners, or employees. I further agree
to refrain from making any statement or taking any action, directly or indirectly, that harms, impairs, impugns, interferes with, undermines
or criticizes the Company, the Group, and/or their business interests, reputation, or goodwill. If I violate this Release, the Company
may refuse to make the payment of the Severance Benefit and recoup the Severance Benefit from me, but the release the Release shall otherwise
remain in full force and effect.
By executing this Release, I
specifically release all claims relating to my employment and its termination under ADEA, a United States federal statute that, among
other things, prohibits discrimination on the basis of age in employment and employee benefit plans.
Notwithstanding any provision
of this Release to the contrary, by executing this Release, I am not releasing (i) any claims relating to my rights under Section 7 of
the Employment Agreement, (ii) any claims that cannot be waived by law, or (iii) my right of indemnification as provided by, and in accordance
with the terms of, the Company's by-laws, my Indemnification Agreement with the Company dated October 4, 2024 or a Company insurance
policy providing such coverage, as any of such may be amended from time to time.
I expressly acknowledge and
represent and warrant that I have not previously filed, and to the maximum extent permitted by law agree that I will not file, a complaint,
charge, or lawsuit against any member of the Group regarding any of the claims released herein. If, notwithstanding this representation
and warranty, I have filed or file such a complaint, charge, or lawsuit, I agree that I shall cause such complaint, charge, or lawsuit
to be dismissed with prejudice and shall pay any and all costs required in obtaining dismissal of such complaint, charge, or lawsuit,
including without limitation the attorneys' fees of any member of the Group against whom I have filed such a complaint, charge,
or lawsuit. This paragraph shall not apply, however, to a claim of age discrimination under ADEA or to any non-waivable right to file
a charge with the United States Equal Employment Opportunity Commission (the "EEOC"); provided, however,
that if the EEOC were to pursue any claims relating to my employment with Company, I agree that I shall not be entitled to recover any
monetary damages or any other remedies or benefits as a result and that this Release and the Severance Benefits will control as the exclusive
remedy and full settlement of all such claims by me.
Nothing in this Release shall
prohibit or impede me from communicating, cooperating or filing a complaint with any Governmental Entity with respect to possible violations
of any U.S. federal, state or local law or regulation, or otherwise making disclosures to any Governmental Entity, in each case, that
are protected under the whistleblower provisions of any such law or regulation; provided, that in each case such communications and disclosures
are consistent with applicable law. I understand and acknowledge that an individual shall not be held criminally or civilly liable under
any federal or state trade secret law for the disclosure of a trade secret that is made (1) in confidence to a federal, state, or local
government official or to an attorney solely for the purpose of reporting or investigating a suspected violation of law, or (2) in a complaint
or other document filed in a lawsuit or other proceeding, if such filing is made under seal. I understand and acknowledge further that
an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret
to the attorney of the individual and use the trade secret information in the court proceeding, if the individual files any document containing
the trade secret under seal; and does not disclose the trade secret, except pursuant to court order. Except as otherwise provided in this
paragraph or under applicable law, under no circumstance am I authorized to disclose any information covered by the Company's attorney-client
privilege or attorney work product, or the Company's trade secrets, without the prior written consent of the Company's Chief
Executive Officer or another executive officer designated by the Board. I do not need the prior authorization of (or to give notice to)
any member of the Company Group regarding any communication, disclosure, or activity permitted by this paragraph.
I hereby agree to waive any
and all claims to re-employment with the Company or any other member of the Company Group (as defined in my Employment Agreement) and
affirmatively agree not to seek further employment with the Company or any other member of the Company Group.
The provisions of this Release
shall be binding upon my heirs, executors, administrators, legal personal representatives, and assigns. If any provision of this Release
shall be held by any court of competent jurisdiction to be illegal, void, or unenforceable, such provision shall be of no force or effect.
The illegality or unenforceability of such provision, however, shall have no effect upon and shall not impair the enforceability of any
other provision of this Release.
EXCEPT WHERE PREEMPTED BY FEDERAL
LAW, THIS RELEASE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH FEDERAL LAW AND THE LAWS OF THE STATE OF DELAWARE, APPLICABLE
TO AGREEMENTS MADE AND TO BE PERFORMED IN THAT STATE WITHOUT GIVING EFFECT TO THE PRINCIPLES OF CONFLICTS OF LAWS. I HEREBY WAIVE ANY
RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY SUIT, ACTION, OR PROCEEDING UNDER OR IN CONNECTION WITH THIS RELEASE.
Capitalized terms used, but
not defined herein, shall have the meanings ascribed to such terms in my Employment Agreement, dated October 4, 2023, with the Company
(the "Employment Agreement").
/s/ Bruce Harmon
Bruce Harmon
Date: June 10, 2024
Last updated: Jun 13, 2024