0001078782-12-002433 Sample Contracts

TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • September 17th, 2012 • Ia Global Inc • Communications services, nec

This Termination and Release Agreement (the “Agreement”) is entered into by and between Mark E. Scott ( “Scott” or “Employee”), a resident of the state of Washington, with an address at 2360 Yale Avenue East, #5, Seattle, Washington 98102 and IA Global, Inc. (collectively with its subsidiaries, assigns, and affiliates, the “Company” and, together with Scott, the “Parties”, and each, a “Party”), a Delaware corporation, as of September 5, 2012 (the “Effective Date”) relating to the termination of any claims as against the Company and discharge and forgiveness of any and all employment or other compensation or reimbursement or other debt owed to Scott or otherwise, which amount has been in dispute, and termination of any and all formal compensation arrangements with Scott.

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TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • September 17th, 2012 • Ia Global Inc • Communications services, nec

This Termination and Release Agreement (the “Agreement”) is entered into as of July 9, 2012 (the “Effective Date”) by and between IA Global, Inc., a Delaware corporation with an address at 101 California Street, Suite 2450, San Francisco, California 94111 (the “Company” or “IA Global”), Innovative Software Direct plc (in administration), (CN: 05115204) a public limited company incorporated under the laws of England (“ISD”) acting by its joint administrators Gerald Maurice Krasner and Andrew David Haslam of Begbies Traynor (Central) LLP (the “ISD Administrators”), and Powerdial Systems Limited (in administration), (CN: 02862816) a private limited company incorporated under the laws of England (“Powerdial”) acting by its joint administrators Gerald Maurice Krasner and Andrew David Haslam of Begbies Traynor (Central) LLP (the “PSL Administrators”). Collectively, IA Global, ISD and Powerdial are referred to hereinafter as the “Parties” and each, a “Party”).

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