0000950137-07-002219 Sample Contracts

SEVERANCE AGREEMENT AND GENERAL RELEASE

Severance Agreement and General Release • February 14th, 2007 • Global Traffic Network, Inc. • Services-miscellaneous business services • New York

• Contract Type
  Severance Agreement and General Release
• Filed
  February 14th, 2007
• Company
  Global Traffic Network, Inc.
• Industry
  Services-miscellaneous business services
• Jurisdiction
  New York

This Severance Agreement and General Release (“Agreement”) is made and entered into by and between Global Traffic Network, Inc. (the “Company”), a Delaware corporation having a corporate business headquarters at 800 Second Avenue, 5th Floor, New York, New York, and Kenneth A. Casseri (“Mr. Casseri”), a resident of the state of New York.

AMENDMENT NO. 1 TO NON-COMPETE AND CONFIDENTIALITY AGREEMENT

Non-Compete and Confidentiality Agreement • February 14th, 2007 • Global Traffic Network, Inc. • Services-miscellaneous business services

• Contract Type
  Non-Compete and Confidentiality Agreement
• Filed
  February 14th, 2007
• Company
  Global Traffic Network, Inc.
• Industry
  Services-miscellaneous business services

This Amendment No. 1 to Non-Compete and Confidentiality Agreement (this “Amendment”) is made and entered into as of January 16, 2007 (the “Effective Date”) by and between Canadian Traffic Network ULC, an Alberta corporation (the “Company”) and an indirect wholly-owned subsidiary of Global Traffic Network, Inc., a Delaware corporation (“GTN”), and Ken Casseri (the “Employee”).