7700 Irvine Center Drive, Suite 700 Irvine, CA 92618 (January 18th, 2017)
Further to our on-going discussions of a potential transition from an executive officer role to a more limited consulting role, while continuing to serve on the board of directors of Presbia PLC, we mutually agree that your employment with PresbiBio, LLC, a subsidiary of Presbia PLC (hereafter Company) ended effective as of January 13, 2017. This Separation and General Release Agreement (the Agreement) confirms the terms of the separation of your employment, including the payment and consulting opportunity described in paragraph 3 below that you will receive if you sign and return this Agreement to the Company no later than 21 days from today and do not revoke this Agreement during the 7-day revocation period described below in paragraph 6.
Independent Contractor Services Agreement (January 18th, 2017)
THIS CONSULTING AGREEMENT (the Consulting Agreement) is made by Presbia PLC, an Irish public limited company, together with its affiliates (the Company) and Vladimir Feingold (Consultant) as of January 13, 2017 (the Effective Date). In consideration of the mutual obligations specified in this Consulting Agreement and the Monthly Fee set forth on Exhibit A, to be paid as compensation to Consultant for his services, the receipt and sufficiency of which is hereby acknowledged, and as good and valuable consideration for the terms and conditions of the Separation and General Release Agreement between Consultant and PresbiBio, LLC, the parties agree to the following: