Resignation and Release Sample Contracts

RESIGNATION AND RELEASE
Resignation and Release • February 2nd, 2015 • Acre Realty Investors Inc • Real estate investment trusts

Reference is made to that certain Stock Purchase Agreement (the “Purchase Agreement”), dated as of November 19, 2014, by and among Roberts Realty Investors, Inc., a Georgia corporation (the “Company”), Roberts Properties Residential, L.P., a Georgia limited partnership (the “Operating Partnership”) and A-III Investment Partners LLC, a Delaware limited liability company (the “Purchaser”), a condition of which is the delivery by the Company to the Purchaser of resignations and releases from each of the directors, officers and employees of the Company. Capitalized terms not otherwise defined in this Resignation and Release shall have the meaning set forth in the Purchase Agreement. The undersigned acknowledges that delivery of this Resignation and Release is a material inducement to Purchaser’s willingness to consummate the transactions contemplated by the Purchase Agreement, and that Purchaser would not do so without the benefit of the provisions of this Resignation and Release.

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RESIGNATION AND RELEASE
Resignation and Release • May 7th, 2012 • Oryon Technologies, Inc. • Gold and silver ores

Reference is made to that certain Agreement and Plan of Merger dated March 9, 2012 (the “Merger Agreement”), by and among Oryon Holdings, Inc. (f/k/a Eaglecrest Resources, Inc.), a Nevada corporation (“Parent”), Oryon Merger Sub, LLC, a Texas limited liability company and wholly-owned subsidiary of Parent (“Merger Sub”), and OryonTechnologies, LLC, a Texas limited liability company (“Oryon”), pursuant to which (i) Oryon shall be merged with and into Merger Sub at the Effective Time of the Merger (as defined in Section 1.3 of the Merger Agreement) (the “Merger”); (ii) the separate limited liability company existence of Oryon shall cease; (iii) Merger Sub shall continue as the surviving limited liability company entity (the “Surviving Entity”) and shall succeed to and assume all the rights, properties, liabilities and obligations of Oryon; and (iv) Parent shall issue shares (the “Shares”) of Parent’s common stock, par value $0.001 per share (“Parent Common Stock”), in such amounts and to

RESIGNATION AND RELEASE
Resignation and Release • February 2nd, 2015 • Acre Realty Investors Inc • Real estate investment trusts

Reference is made to that certain Stock Purchase Agreement (the “Purchase Agreement”), dated as of November 19, 2014, by and among Roberts Realty Investors, Inc., a Georgia corporation (the “Company”), Roberts Properties Residential, L.P., a Georgia limited partnership (the “Operating Partnership”) and A-III Investment Partners LLC, a Delaware limited liability company (the “Purchaser”), a condition of which is the delivery by the Company to the Purchaser of resignations and releases from each of the directors, officers and employees of the Company. Capitalized terms not otherwise defined in this Resignation and Release shall have the meaning set forth in the Purchase Agreement. The undersigned, Charles S. Roberts, acknowledges that delivery of this Resignation and Release is a material inducement to Purchaser’s willingness to consummate the transactions contemplated by the Purchase Agreement, and that Purchaser would not do so without the benefit of the provisions of this Resignation

RESIGNATION AND RELEASE
Resignation and Release • October 19th, 2007 • Thor Industries Inc • Motor homes • Indiana

This Resignation and Release is entered into the 18th day of May 2007, by and between THOR INDUSTRIES, INC. (“Thor”), and TED BARTUS (“Bartus”).

RESIGNATION AND RELEASE
Resignation and Release • May 7th, 2015 • New Jersey Mining Co • Gold and silver ores • Idaho

THIS RESIGNATION AND RELEASE (hereinafter referred to as “Agreement”) is made and entered into as of the 4th day of May, 2015 (the “Execution Date”), by and between R. Patrick Highsmith (hereinafter referred to as “Employee”) and New Jersey Mining Company, and related corporations and entities, its successors, assigns, Board Members, managers, employees and agents, past and present (hereinafter collectively referred to as “Company”) (the Employee and the Company are hereinafter collectively referred to as the “Parties”, or when referred to in the singular, “Party”).

RESIGNATION AND RELEASE
Resignation and Release • June 13th, 2013 • GRANDPARENTS.COM, Inc. • Services-computer processing & data preparation • New York

THIS RESIGNATION AND RELEASE (“Agreement”) is made and entered into as of the 7th day of June, 2013 (the “Execution Date”), by and between Grandparents.com, Inc. (the “Company”) and Jeffrey Mahl (“Employee”).

RESIGNATION AND RELEASE
Resignation and Release • May 10th, 2013 • Wynn Resorts LTD • Hotels & motels • Nevada

THIS RESIGNATION AND RELEASE (“Agreement”) is made and entered into as of the 27th day of March, 2013 (the “Execution Date”), by and between WYNN RESORTS, LIMITED (“Company”) and MARC D. SCHORR (“Employee”).

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