EXHIBIT 10.1

 

AGREEMENT AND GENERAL RELEASE

 

Hooper Holmes, Inc., (referred to throughout this Agreement as “Employer”), and
Alexander Warren, (referred to throughout this Agreement as “Employee”), agree
that:

 

1. Last Day of Employment. Employee’s last day of employment with Employer is
March 18, 2005.

 

2. Consideration. In consideration for signing this Agreement and compliance
with the promises made herein, Employer agrees:

 

a. to pay to Employee twelve (12) months salary in the amount of Two Hundred
Thirty-Five Thousand Dollars ($235,000.00), less lawful deductions, within
fifteen (15) days after the passage of the revocation period described in
paragraph “4”; and

 

b. to pay to Employee the sum of Nine Thousand Two Hundred Fifty Dollars
($9,250.00) less lawful deductions, within fifteen (15) days after the passage
of the aforesaid revocation period, representing the annual amount of income
presently attributable to Employee for the use of the automobile presently
leased for him by Employer; and

 

c. if Employee elects to continue medical and/or dental coverage under
Employer’s group medical and dental insurance plans in accordance with the
continuation requirements of COBRA, the Employer shall reimburse Employee for
the cost of said coverage for a period of twelve (12) months beginning on April
1, 2005 and ending on March 31, 2006. Employee acknowledges that Employer cannot
make COBRA payments directly to the group medical and dental insurance carriers
and that Employer will pay the COBRA amount to Employee on a monthly basis
through March 31, 2006. Employee acknowledges that Employer shall withhold taxes
and other lawful withholdings from the monthly payments to Employee, so that the
net amount received by Employee will be less than the monthly COBRA amount.
Employee will be issued a Form W-2 by Employer indicating all withholdings. It
shall be the obligation of Employee to promptly notify Employer if and when he
has discontinued COBRA coverage or has obtained other medical and/or dental
insurance coverage, either directly or through another employer’s group plan,
during said twelve (12) month period, in which event Employer’s obligation to
Employee for COBRA payments shall cease; and

 

d. to pay Employee’s SERP life insurance premium for the one-year policy period
February 2005 through January 2006 when said premium payment is due; and

 

e. to pay Employee for all unused vacation days in calendar year 2005.

 

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3. No Consideration Absent Execution of this Agreement. Employee understands and
agrees that Employee would not receive the monies and/or benefits specified in
paragraph “2” above, except for Employee’s execution of this Agreement and the
fulfillment of the promises contained herein.

 

4. Revocation. Employee may revoke this Agreement for a period of seven (7)
calendar days following the day Employee executes this Agreement. Any revocation
within this period must be submitted, in writing, to Robert William Jewett,
Senior Vice President and General Counsel and state, “I hereby revoke my
acceptance of our Agreement and General Release.” The revocation must be
personally delivered to Mr. Jewett or Employer’s designee, or mailed to Mr.
Jewett c/o Hooper Holmes, Inc., 170 Mt. Airy Road, Basking Ridge, New Jersey
07920 and postmarked within seven (7) calendar days of execution of this
Agreement. This Agreement shall not become effective or enforceable until the
revocation period has expired. If the last day of the revocation period is a
Saturday, Sunday, or legal holiday in New Jersey, then the revocation period
shall not expire until the next following day which is not a Saturday, Sunday,
or legal holiday.

 

5. General Release of Claim. Employee, Employee’s heirs, executors,
administrators, fiduciaries, successors and/or assigns, knowingly and
voluntarily release and forever discharge, to the full extent permitted by law,
Employer, Employer’s past, present and future direct or indirect parent
organizations, subsidiaries, divisions, affiliated entities, partners, officers,
directors, trustees, administrators, fiduciaries, employment benefit plans
and/or pension plans or funds, executors, attorneys, employees, insurers,
reinsurers and/or agents and their successors and assigns individually and in
their official capacities, and its and their past, present and future direct or
indirect parent organizations, subsidiaries, divisions, affiliated entities,
partners, officers, directors, trustees, administrators, fiduciaries, employment
benefit plans and/or pension plans or funds, executors, attorneys, employees,
insurers, reinsurers and/or agents and their successors and assigns,
individually and in their official capacities, (collectively referred to herein
as “Released Parties” or “Released Party”) jointly and severally, of and from
all claims, known or unknown, that Employee has or may have against Released
Parties as of the date of execution of this Agreement, including, but not
limited to, any alleged violation of:

 

  •   The National Labor Relations Act;

 

  •   Title VII of the Civil Rights Act;

 

  •   Civil Rights Act of 1991

 

  •   Sections 1981 through 1988 of Title 42 of the United States Code;

 

  •   The Employee Retirement Income Security Act;

 

  •   The Fair Credit Reporting Act;

 

  •   The Immigration Reform Control Act;

 

  •   The Americans with Disabilities Act;

 

  •   The Rehabilitation Act;

 

  •   The Age Discrimination in Employment Act;

 

 

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  •   The Occupational Safety and Health Act;

 

  •   The Family and Medical Leave Act;

 

  •   The Equal Pay Act;

 

  •   The Fair Labor Standards Act;

 

  •   Worker Adjustment and Retraining Notification Act;

 

  •   Employee Polygraph Protection Act;

 

  •   The New Jersey Law Against Discrimination;

 

  •   The New Jersey Family Leave Act;

 

  •   The New Jersey State Wage and Hour Law;

 

  •   The New Jersey Conscientious Employee Protection Act;

 

  •   The New Jersey Equal Pay Law;

 

  •   The New Jersey Occupational Safety and Health Law;

 

  •   The New Jersey Smokers’ Rights Law;

 

  •   The New Jersey Genetic Privacy Act;

 

  •   The New Jersey Fair Credit Reporting Act;

 

  •   The New Jersey Statutory Provision Regarding Retaliation/Discrimination
for Filing A Workers’ Compensation Claim;

 

  •   The New Jersey Public Employees’ Occupational Safety and Health Act;

 

  •   New Jersey laws regarding Political Activities of Employees, Lie Detector
Tests, Jury Duty, Employment Protection, and Discrimination;

 

  •   any other federal, state or local civil rights law, whistle-blower or any
other local, state or federal law, regulation or ordinance;

 

  •   any public policy, contract (oral, written or implied), tort, constitution
or common law;

 

  •   any claims for vacation, sick or personal leave pay or payment pursuant to
any practice, policy, handbook or manual; or

 

  •   any allegation for costs, fees, or other expenses including attorneys’
fees.

 

6. Affirmations. Employee affirms that Employee has not filed, caused to be
filed, and presently is not a party to any claim, complaint, or action against
Released Parties in any forum or form. Employee further affirms that Employee
has been paid and/or has received all leave (paid or unpaid), compensation,
wages, bonuses, commissions, and/or benefits to which Employee may be entitled
and that no other leave (paid or unpaid), compensation, wages, bonuses,
commissions and/or benefits are due to Employee, except as provided in this
Agreement. Employee furthermore affirms that Employee has no known workplace
injuries or occupational diseases and has been provided and/or has not been
denied any leave requested under the Family and Medical Leave Act and/or any
other federal, state or local leave law, including the New Jersey Family Leave
Act. Employee agrees not to seek employment with Released Parties in the future.

 

7. Confidentiality. To the extent permitted by law, Employee and Employer
mutually agree not to disclose any information regarding the existence or
substance of this Agreement, except that Employee may disclose the substance of
this Agreement to Employee’s spouse, tax advisor, or an attorney with whom
Employee chooses to consult regarding Employee’s consideration of this
Agreement, each of whom shall likewise agree to

 

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keep the information confidential. In the event Employee is subject to subpoena,
court order or otherwise compelled to testify, appear or provide information
regarding Released Parties, within three (3) days of Employee’s receipt of said
subpoena, court order, or other notification, Employee will provide written
notice, via facsimile and mail, to Robert William Jewett, Senior Vice President
and General Counsel, Hooper Holmes, Inc., 170 Mt. Airy Road, Basking Ridge, New
Jersey 07920, facsimile number 908-953-6304. This Agreement shall not be filed
with any court and shall remain forever confidential except in an action to
enforce or for breach of this Agreement. If Employee asserts an action to
enforce this Agreement or for breach of this Agreement, Employee shall maintain
such confidentiality by whatever means necessary, including, but not limited to,
submitting the Agreement to a court under confidential seal.

 

8. Governing Law and Interpretation. This Agreement shall be governed and
conformed in accordance with the laws of the State of New Jersey without regard
to its conflict of laws provision. In the event Employee or Employer breaches
any provision of this Agreement, Employee and Employer affirm that either may
institute an action against the other to specifically enforce any term or terms
of this Agreement, in addition to any other legal or equitable relief permitted
by law. In the event that any provision of this Agreement is declared illegal or
unenforceable by a court of competent jurisdiction and cannot be modified to be
enforceable, excluding the general release language, such provision shall
immediately become null and void, leaving the remainder of this Agreement in
full force and effect. Moreover, if any such provision determined to be invalid,
illegal or unenforceable can be made valid, legal or enforceable by modification
thereof, then the party for whose benefit the provision exists, may make such
modification as necessary to make the provision valid, legal and enforceable.

 

9. Non Disparagement. Employee agrees not to defame, disparage or demean
Employer in any manner whatsoever and Employer agrees not to defame, disparage
or demean Employee in any manner whatsoever.

 

10. Cooperation. Subject to Employee’s other personal and professional
obligations and on reasonable notice and at reasonable times, Employee will
cooperate with Employer and its counsel in connection with any investigation,
administrative or regulatory proceeding or litigation relating to any matter in
which Employee was involved or of which Employee has knowledge as a result of
Employee’s employment with Employer and/or any Released Party or Released
Parties.

 

11. Return of Property. Employee agrees that on or before March 18, 2005, to
return any and all property, including all copies or duplicates thereof,
belonging to Released Parties, including, but not limited to, keys, security
cards, equipment, documents, supplies, customer lists and customer information,
confidential documents, leased automobile with keys and manuals, and any other
property of the Employer in Employee’s possession.

 

12. Nonadmission of Wrongdoing. Employee agrees that neither this Agreement nor
the furnishing of the consideration for this Agreement shall be deemed or
construed at anytime for any purpose as an admission by Employer of any
liability or unlawful conduct of any kind.

 

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13. Non-Competition. In exchange for the consideration provided by Employer, as
set forth in Paragraph 2 above, Employee agrees that for a period of one (1)
year following his last day of employment with Employer, as set forth in
Paragraph 1 above, he will not engage in any business in which Employer is
currently engaged, in the States of New Jersey or California. Employee is thus
prohibited from performing work as an employee, contractor, consultant or
advisor, for any company, entity or other organization that provides the same or
similar services as Employer. Employee agrees that Employer shall be entitled to
injunctive relief, and such other relief as the courts shall grant it, in the
event of any breach or threatened breach of this provision by Employee. Employee
agrees that in the event that a court finds this provision to be unreasonable in
terms of duration or territory, the court may modify this provision as it deems
appropriate and reasonable.

 

14. Amendment. This Agreement may not be modified, altered or changed except
upon express written consent of both parties wherein specific reference is made
to this Agreement.

 

15. Entire Agreement. This Agreement sets forth the entire agreement between the
Employee and Released Parties hereto, and fully supercedes any prior or
contemporaneous agreements or understandings between Employee and Released
Parties; provided, however, that this Agreement does not supercede or affect any
confidentiality, non-disclosure, invention, assignment of proprietary rights, or
non-solicitation agreement(s) signed by Employee. The obligations of such
agreements remain in full force and effect and Employee expressly acknowledges
Employee’s intent to adhere to the promises contained in those agreements.
Employee also acknowledges that Employee has not relied on any representation,
promises, or agreements of any kind made in connection with the decision to sign
this Agreement, except for those set forth in this Agreement.

 

EMPLOYEE IS HEREBY ADVISED THAT EMPLOYEE HAS UP TO TWENTY-ONE (21) CALENDAR DAYS
TO REVIEW THIS AGREEMENT AND GENERAL RELEASE AND IS HEREBY ADVISED TO CONSULT
WITH AN ATTORNEY PRIOR TO EXECUTION OF THIS AGREEMENT AND GENERAL RELEASE.

 

EMPLOYEE AGREES THAT ANY MODIFICATIONS, MATERIAL OR OTHERWISE, MADE TO THIS
AGREEMENT AND GENERAL RELEASE DO NOT RESTART OR AFFECT IN ANY MANNER THE
ORIGINAL TWENTY-ONE (21) CALENDAR DAY CONSIDERATION PERIOD.

 

HAVING ELECTED TO EXECUTE THIS AGREEMENT AND GENERAL RELEASE, TO FULFILL THE
PROMISES AND TO RECEIVE THE SUMS AND BENEFITS IN PARAGRAPH “2” ABOVE, EMPLOYEE
FREELY AND KNOWINGLY, AND AFTER DUE CONSIDERATION, ENTERS INTO THIS AGREEMENT
AND GENERAL RELEASE INTENDING TO WAIVE, SETTLE AND RELEASE ALL CLAIMS EMPLOYEE
HAS OR MIGHT HAVE AGAINST RELEASED PARTIES AS OF THE DATE OF THE EXECUTION OF
THIS AGREEMENT.

 

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IN WITNESS WHEREOF, the parties hereto knowingly and voluntarily executed this
Agreement and General Release as of the date set forth below:

 

/s/ Alexander Warren

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Alexander Warren

Date: March 10, 2005

 

HOOPER HOLMES, INC.

 

By:  

/s/ John L. Spenser

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NAME:   John L. Spenser TITLE:   Executive Vice President &     Chief
Administrative/ Technology Officer Date:   March 8, 2005

 

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