SEPARATION AGREEMENT AND RELEASE (Peter Burns) (May 12th, 2008)
This separation agreement (the Agreement) is made effective this 13th day of February, 2008, by and between Jones Soda Co. (EMPLOYER) and Peter Burns (EMPLOYEE).
Summary of Non-Employee Director Compensation (March 17th, 2008)
Effective July 1, 2006, except as otherwise disclosed by the Company (including as disclosed in the Companys current report on Form 8-K, filed February 4, 2008, with respect to compensation paid to directors Stephen Jones and Scott Bedbury), non-employee directors receive the following compensation for their service on the Board of Directors and committees of the Board of Directors:
Memorandum of Understanding Peter M. Van Stolk Employment Transition (December 5th, 2007)
PVS shall be entitled to receive separation payments in the aggregate amount of $225,000 per year for two years following his resignation, payable in equal monthly installments.