Document:

Agreement and General Release (Raymond Sinclair)

 EXHIBIT 10.2 
  
 AGREEMENT AND GENERAL RELEASE 
  
 Hooper Holmes, Inc., (referred to throughout this Agreement as “Employer”), and Raymond A. Sinclair, (referred to
throughout this Agreement as “Employee”), agree that: 
  
 1. Last Day of Employment. Employee’s last day of employment with Employer is April 16, 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 One
Hundred Forty-Four Thousand Five Hundred Fifty-One Dollars ($144,551.00), less lawful deductions, within fifteen days after the passage of the revocation period described in paragraph “4” or on April 16, 2005, whichever comes later; and

  
 b. 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 eighteen (18) months beginning on
May 1, 2005 and ending on October 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
October 31, 2006. Employer shall “gross up” the monthly payments to Employee, so that the amount received by Employee, net of taxes and other withholdings, will equal 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 eighteen (18) month period, in which event Employer’s obligation to Employee for COBRA payments shall cease; and 
  
 c. 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 
  
 d. to pay Employee the amount of Twenty Seven Thousand
Seven Hundred Forty-Two Dollars ($27,742.00), such sum being the end of lease buyout value of the vehicle leased by Employer for Employee plus the seven remaining payments under the lease, which sum shall be “grossed up” by Employer so
that Employee shall receive $27,742.00 net of taxes and other withholdings. (It being agreed that Employee will surrender the vehicle and the keys and manuals thereto on the last day of his employment) ; 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; 

  

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	 	•	 	The Age Discrimination in Employment Act; 

  

	 	•	 	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 North Carolina Human Relations Commission Bias Law; 

  

	 	•	 	The North Carolina Equal Employment Practices Act; 

  

	 	•	 	The North Carolina Wage and Hour Laws; 

  

	 	•	 	The North Carolina Retaliatory Employment Discrimination Law and Rule; 

  

	 	•	 	The North Carolina Equal Pay Law; 

  

	 	•	 	The North Carolina Occupational Safety and Health Laws; 

  

	 	•	 	The North Carolina Smokers’ Rights Law; 

  

	 	•	 	The North Carolina Genetic Testing Law; 

  

	 	•	 	The North Carolina AIDS Bias Law and Rules; 

  

	 	•	 	The North Carolina Communicable Disease Law; 

  

	 	•	 	The North Carolina Persons with Disabilities Protection Act; 

  

	 	•	 	The North Carolina Parental Leave for School Involvement Law; 

  

	 	•	 	The North Carolina Apprenticeship Bias Law; 

  

	 	•	 	The North Carolina Rules on Aging; and 

  

	 	•	 	North Carolina statutes regarding Blacklisting of Employees; Job References; Service Letters; Employees’ Right to Inventions; Jury and Witness Duty; Workplace Violence;
Domestic Violence Victims’ Leave’ Disaster Service Leave; Business/Occupation Licensing Records; Use of Lawful Products Outside of the Workplace; Background Checks; Workers’ Compensation; Retaliation; Unemployment Compensation
Testimony; Retaliation; Whistleblower Protection; Deception Examiner; Licensing; Drug Testing; Military Leave and Re-Employment Rights; Criminal Records; Personnel Files; Medical Records; and Medical Examination 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. Employee agrees not to seek employment with Released Parties in the future. 
  

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 7. Confidentiality. To the extent permitted by law, Employee agrees 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 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. Employee acknowledges that Employer is required to file a Form 8-K with the Securities and Exchange Commission, setting forth the terms under which Employee, as an executive officer of Employer, left his employment and
any compensation paid to Employee by Employer. Furthermore, Employee acknowledges that this Agreement will be filed with the Securities and Exchange Commission as an exhibit to Employer’s next Form 10-K or Form 10-Q and as such, will become
public information. Employee hereby consents to such disclosure by Employer. 
  
 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. 
  
 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. 
  

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 11. Return of Property. Employee agrees to vacate his office space and to return any and
all property of Employer including, but not limited to, all copies or duplicates thereof, belonging to Released Parties, keys, security cards, credit cards, equipment, documents, supplies, customer lists and customer information, confidential
documents, Employee’s company leased vehicle and the keys and manuals thereto, and any other property in Employee’s possession belonging to Employer or Released Parties, by no later than April 16, 2005. 
  
 12. Nonadmission of Wrongdoing. Employee and Employer agree
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 or Employee of any liability or unlawful conduct of any kind. 
  
 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 North Carolina or New Jersey. Employee is thus prohibited from performing work as an owner, partner, 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. 
  

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

			
	 /s/ Raymond A. Sinclair

	Raymond A. Sinclair
	
	Date: April 6, 2005
	
	HOOPER HOLMES, INC.
		
	By:	 	 /s/ James M. McNamee

	NAME:	 	James M. McNamee
	TITLE:	 	Chairman, President & CEO
		
	Date:	 	April 11, 2005

  

 - 6 -2005 Cash Bonus Plan

 EXHIBIT 10.1 
  
 DESCRIPTION OF 2005 CASH BONUS PLAN 
  
 On February 28, 2005, the Compensation Committee of the Board of Directors approved the 2005 Cash Bonus Plan (the “2005
Plan”) for all of its full-time, salaried employees, including the Chief Executive Officer (“CEO”), Chief Operating Officer (“COO”) and Chief Financial Officer (“CFO”). Under the terms of the 2005 Plan, the
CEO and COO are eligible to receive bonuses of three percent of the Company’s pre-tax, pre-bonus income and the CFO is eligible to receive a bonus based on a specified percentage of the Company’s pre-tax, pre-bonus income. Division
presidents are eligible to receive bonuses based upon specified percentages of their respective division pre-tax, pre-bonus income, the president of the Company’s mortgage subsidiary is eligible to receive a bonus based upon the mortgage
subsidiary’s pre-tax, pre-bonus income if the mortgage subsidiary achieves a targeted profit amount and a targeted mortgage capture rate (subject to adjustment upward or downward if actual performance is above or below the target), and all
other participants are eligible to receive bonuses based upon specified percentages of salary or specified percentages of a bonus pool determined as a specified percentage of pre-tax, pre-bonus income. 
  
 An employee’s right to receive a bonus under the 2005 Plan is generally
conditioned upon his or her being actively employed by the Company or its divisions or subsidiaries on the date of payment. Awards will be paid over two years, with 75% paid following the determination of the bonus awards, and 25% paid one year
later, except for administrative staff bonuses and mortgage subsidiary bonuses which will be paid in full. The amounts payable one year later are conditioned upon continued employment to the date of payment, except in the case of retirement, death
or disability. 
  
 The maximum aggregate amount of awards under
the 2005 Plan will not exceed 20% of the Company’s consolidated pre-tax income before bonuses.

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