SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement and General Release • February 20th, 2015 • Lifevantage Corp • Pharmaceutical preparations • Utah
This Separation Agreement and General Release (“Agreement”) is entered into by and between Douglas C. Robinson (“Employee”) and LifeVantage Corporation, a Colorado corporation (the “Company” or “Employer”) (together the “Parties”), in consideration for and as condition precedent to Employer providing the separation benefits to Employee as set forth below. It is understood and agreed that Employer is not obligated to provide any such separation benefits under the terms of the Amended Employment Agreement (as defined below) and that Employer is providing such separation benefits as a direct result of Employee’s willingness to agree to the terms hereof. Certain terms, not otherwise defined herein, shall have the meaning ascribed to them in the Amended Employment Agreement.
