0001144204-14-018360 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • March 27th, 2014 • Id Systems Inc • Communications equipment, nec • New Jersey

This SEVERANCE AGREEMENT (the “Agreement”) is made and effective this 27th day of March 2014, by and between I.D. Systems, Inc., a Delaware corporation (the “Company”) and Brett Kilpatrick (“Executive”).

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SEPARATION AND GENERAL RELEASE AGREEMENT
Separation and General Release Agreement • March 27th, 2014 • Id Systems Inc • Communications equipment, nec • New Jersey

This Separation and General Release Agreement (the “Agreement”) is entered into between Jeffrey M. Jagid, a New Jersey resident (the “Employee”) and I.D. Systems, Inc. (“ID Systems”), together with its parent, divisions, affiliates, and subsidiaries and their respective officers, directors, employees, shareholders, members, partners, plan administrators, attorneys, and agents, as well as any predecessors, future successors or assigns or estates of any of the foregoing with an address at 123 Tice Boulevard, Woodcliff Lake, New Jersey 07677 (the “Released Parties”).

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