SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement and General Release • March 25th, 2020 • CalAmp Corp. • Radio & tv broadcasting & communications equipment • California
This Separation Agreement and General Release (the “Agreement”) is made as of the Effective Date (defined below) between CalAmp Corp. (on behalf of itself, its subsidiaries and other corporate affiliates and each of their respective employees, officers, directors, owners, shareholders and agents referred to throughout this Agreement as the “Employer” or the “Company”), and Michael Burdiek, (referred to throughout this Agreement as “Executive”), and is presented to Executive this 20th day of March, 2020. Employer and Executive are sometimes referred to together in this Agreement as the “Parties” and each individually as a “Party”).
March 23, 2020Employment Letter Agreement • March 25th, 2020 • CalAmp Corp. • Radio & tv broadcasting & communications equipment • Delaware
You have agreed to serve as Interim President and Chief Executive Officer (“Interim CEO”) of CalAmp Corp. (the “Company”) during the Company’s search for a permanent President and Chief Executive Officer (“Successor CEO”). This letter agreement (the “Agreement”) sets forth the terms of your employment as the Company’s Interim CEO and is effective as of March 25, 2020 (the “Effective Date”).
