Separation, Consulting and Noncompetition Agreement by bobzepfel

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									                             SEPARATION, CONSULTING
                         AND NON-COMPETITION AGREEMENT
   This Agreement is made and entered into on the
(the "Effective Date") by and between
                              (the “Company”), and
                (the “Executive”).

                                           RECITALS:
   A. The Company and the Executive are parties to an Employment Agreement dated
             (the “Employment Agreement”); and
   B. The Executive plans to tender his resignation as an officer and employee of the Company,
and the Company plans to accept such resignation effective as of the date specified herein; and
    C. The Company and the Executive desire to memorialize the terms of the Executive’s
termination of employment in this Agreement and completely resolve all matters arising out of
the Executive’s employment with the Company or the termination of that employment, as well as
all matters arising out of or related to the Employment Agreement.
   NOW, THEREFORE, in consideration of the premises and mutual covenants contained
herein, and intending to be legally bound hereby, the parties hereto agree as follows:
    1. Termination of the Employment Agreement; Resignation as an Officer and
Termination of Employment. The Executive and the Company hereby agree that, effective
                       (the “Separation Date”), the Employment Agreement shall be terminated,
revoked and rescinded, and all rights and obligations either party has or may be entitled to under
the Employment Agreement shall be null and void. The Executive and the Company agree
further that the Executive’s status as an officer and employee of the Company shall terminate as
of the Separation Date.
   2. Consulting Services and Ongoing Cooperation. After the Separation Date, the Executive
agrees to use his reasonable efforts to assist, advise and cooperate with the Company if the
Company so requests on issues that arose or were in any way developing during his employment
with the Company, subject to the Executive’s availability given his employment obligations, if
any, at that time. The Executive will provide such assistance, advice and cooperation on an
occasional basis without compensation in excess of that set forth in Section 4(a) (i) of this
Agreement. Commencing on the Separation Date and continuing through
        , or such earlier date on which the Executive delivers a notice stating that he is no longer
available for consulting services (the “Services Termination Notice”), from time-to-time, upon
written request from the Company (an “Additional Services Notice”), the Executive shall, if the
Executive is available and is so willing, furnish such assistance, advice or cooperation on a
continuing or regular basis (“Additional Services”) to the Company as is within the Executive’s
reasonable capability and availability, up to and including fifty percent (50%) of his time during
the Company’s normal business hours. Such assistance, advice and cooperation may include, but
shall not be limited to the preparation for, or the conduct of, any litigation, investigation or
proceeding involving matters or events which occurred during the Executive’s employment by
the Company as to which the Executive’s knowledge or testimony may be important to the
Company. In connection with the preparation for, or the conduct of such litigation, investigation
or proceeding as described in the preceding sentence, the Executive shall promptly provide the
Company with any records or other materials in his possession that the Company shall request in
connection with the defense or prosecution of such litigation, investigation or proceeding. The
Executive shall cease providing Additional Services to the Company upon receipt of written
notice (a “Cessation Notice”) from the Company that the Additional Services are no longer
required. The Company shall pay or reimburse the Executive for his travel expenses reasonably
incurred in the course of providing such Additional Services. The Company shall make such
payment or reimbursement within thirty (30) days of receipt of reasonable substantiating
documentation from the Executive but in no event later than the end of the calendar year
following the year in which such expenses were incurred. The Company acknowledges that the
Executive may be unavailable to provide Additional Services for substantial periods from time to
time, including during a four-week vacation planned for September, 2008, or may be unwilling
to provide Additional Services from time to time or at all times after the Separation Date.
   3. Covenants by the Executive.
      a. Trade Secrets
      (i) General. The Executive agrees that the Executive will hold in a fiduciary capacity for
the benefit of the Company and each of its affiliates, and will not directly or indirectly use or
disclose to any person not authorized by the Company, any Trade Secret (as defined in
Section 3(a)(ii)) of the Company or its affiliates that Executive may have acquired (whether or
not developed or compiled by Executive and whether or not Executive is authorized to have
access to such information) during the term of, and in the course of, or as a result of Executive’s
employment by the Company or its affiliates for so long as such information remains a Trade
Secret.
       (ii) Trade Secret. The term “Trade Secret” for purposes of this Employment Agreement
means information, including, but not limited to, technical or nontechnical data, a formula, a
pattern, a compilation, a program, a device, a method, a technique, a drawing, a process,
financial data, financial plans, product plans, or a list of actual or potential customers or suppliers
that (a) derives economic value, actual or potential, from not being generally known to, and not
being generally readily ascertainable by proper means by, other persons who can obtain
economic value from its disclosure or use and (b) is the subject of reasonable efforts by the
Company and its affiliates to maintain its secrecy.
        (iii) Additional Rights. This Section 3(a) is intended to provide rights to the Company and
its affiliates which are in addition to, not in lieu of, those rights the Company and its affiliates
have under the common law or applicable statutes for the protection of trade secrets.
      b. Confidential Information.
       (i) General. The Executive during the Restricted Period (as defined in Section 3(c)) shall
hold in a fiduciary capacity for the benefit of the Company and its affiliates, and shall not
directly or indirectly use or disclose to any person not authorized by the Company, any
Confidential Information (as defined in Section 3(b)(ii)) of the Company or its affiliates that the
Executive may have acquired (whether or not developed or compiled by the Executive and
whether or not the Executive is authorized to have access to such information) during the term
of, and in the course of, or as a result of the Executive’s employment by the Company or its
affiliates.
       (ii) Confidential Information. The term “Confidential Information” for purposes of this
Agreement means any secret, confidential or proprietary information possessed by the Company
or its affiliates relating to their businesses, including, without limitation, customer lists, details of
client or consultant contracts, current and anticipated customer requirements, pricing policies,
price lists, market studies, business plans, operational methods, marketing plans or strategies,
product development techniques or flaws, computer software programs (including object codes
and source codes), data and documentation, base technologies, systems, structures and
architectures, inventions and ideas, past, current and planned research and development,
compilations, devices, methods, techniques, processes, future business plans, licensing strategies,
advertising campaigns, financial infor
								
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