EXECUTIVE SEVERANCE AGREEMENTExecutive Severance Agreement • March 17th, 2005 • Tvia Inc • Semiconductors & related devices • California
THIS EXECUTIVE SEVERANCE AGREEMENT (“Agreement”) is effective as of the 28st day of Sept, 2004 by and between Tvia, Inc., a California corporation (“Company”), and Benjamin Silva (the “Designated Officer”) for the purpose of setting forth the agreement between the Company and the Designated Officer regarding certain severance payments, as more fully described herein.
CONFIDENTIAL SEVERANCE AGREEMENT AND STATUS CHANGE RELEASEConfidential Severance Agreement and Status Change • March 17th, 2005 • Tvia Inc • Semiconductors & related devices • California
A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.
