0001193125-08-206000 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • October 3rd, 2008 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina

This Severance Agreement (the “Agreement”) is entered into between James R. Braun, a resident of North Carolina (“Braun”), and Charles & Colvard, Ltd., a North Carolina corporation (“Company”), effective as of the 30th day of September, 2008 (the “Effective Date”).

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