Document:

SEPARATION
AGREEMENT

 

THIS
SEPARATION AGREEMENT (the “Agreement”) is entered into as of the 8th day of June, 2017 by and between David A. Moylan
(“Moylan”) and Dataram Corporation, a Nevada corporation, and subsidiaries (“Dataram” and together with
its subsidiaries, the “Company”).

 

WHEREAS,
Moylan was employed as the Chief Executive Officer of Dataram and serves on its Board of Directors and as an officer and director
of its subsidiaries;

 

WHEREAS,
the Company and Moylan are parties to an offer letter dated as of June 8, 2015 (the “Offer Letter”) and a Change of
Control Severance Agreement dated as of June 8, 2015 (the “Change of Control Agreement”);

 

WHEREAS,
Dataram has concluded a series of transactions pursuant to an Agreement and Plan of Merger, as amended, with Dataram Acquisition
Sub, Inc., a Nevada corporation, and U.S. Gold Corp., a Nevada corporation (the “Transaction”) as more fully described
in that certain Registration Statement on Form S-4 (File No. 333-215385) declared effective by the SEC on March 7, 2017 (the “S-4”)
which describes, among other things, the rights of Moylan upon termination by the Company to receive a cash payment as agreed
in the estimated amount of $500,000 (in addition to vesting of equity and health and welfare benefits (collectively, the “Separation
Payments”);

 

WHEREAS,
pursuant to the Transaction and as contemplated in the S-4, Moylan resigned from all officer positions of Dataram and currently
serves as a director of Dataram, and as a director and officer of Dataram Memory and employee; and

 

WHEREAS,
the Company and Moylan desire to enter into this Agreement providing for Moylan’s amicable resignation as an employee from
all positions held with the Company, except as a member of Dataram’s board of directors and as a director and officer of
Dataram Memory, and to provide for a one-time payment to Moylan of the Separation Payments, and in satisfaction of all obligations
under the Offer Letter and the Change of Control Agreement and termination of such agreements, as the sole and exclusive obligation
of the Company for such resignation and any future events or circumstances with respect to any and all positions with the Company
held or to be held by Moylan (unless subject to a separate written agreement by and between the Company and Moylan), and to provide
for the ongoing continued service of Moylan as a consultant to the Company following resignation as set forth herein, and such
other agreements as are provided for herein.

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereby agree as follows:

 

1.
Termination Date. Moylan hereby affirms his resignation as President and Chief Executive Officer of Dataram and as the
Chairman of its Board of Directors effective May 23, 2017and further acknowledges that his last day of service with the Company
as an officer or employee of the Company was May 31, 2017, (the “Termination Date”) (other than as an officer of Dataram
Memory) , and all other positions and titles held with the Company (including subsidiaries) other than as a member of the Board
of Directors of Dataram and of Dataram Memory and an officer of Dataram Memory, to serve until such time as his successor is duly
appointed or elected and qualified. Moylan further understands and agrees that, as of the Termination Date, he will be no longer
authorized to conduct any business on behalf of the Company as an executive or employee or to hold himself out as an officer of
the Company or its subsidiaries except as otherwise provided herein. Any and all positions and/or titles held by Moylan with the
Company or any Subsidiaries of the Company will be deemed to have been resigned as of the Termination Date, except as otherwise
provided herein. 

 

    	 	 	 

    	 

    

 

2.
Severance Payment. As severance, the Company shall pay or provide to Moylan the following benefits as the sole and exclusive
payments by the Company and in lieu of any and all payments or obligations of the Company whatsoever, including, without limitation,
any and all separation payments, or Separation Payments, under the Offer Letter or Change of Control Agreement, as described in
the S4, pursuant to any Company policy or procedure, or otherwise (other than as required under any applicable statute, rule or
regulation):

 

(i)
$494,227, with such amount payable on the eighth (8th) day following his execution of this Agreement (the “Effective Date”).

 

(ii)
Moylan’s outstanding and unvested options, if any, shall vest in three equal installments commencing on the Termination
Date.

 

Moylan
shall be responsible for the payment of all payroll taxes, Medicare and other taxes, and shall indemnify the Company with respect
to the payment of all such amounts. Except as otherwise set forth herein, Moylan will not be entitled to payment of any bonus,
vacation or other incentive compensation. Any tax, penalties or interest as a result thereof shall be the sole responsibility
of Moylan who agrees to indemnify and hold harmless the Company with respect thereto.

 

3.
Consulting Services. From the period beginning
on the Termination Date and until terminated by the Company’s Board of Directors at its sole option, with such termination
to be effective upon two weeks written notice thereof (the “Term”), for a monthly fee of $19,667, payable 90% in common
stock of Dataram and 10% in cash, and as an ongoing condition of payment of the Payment Amounts and other consideration provided
for herein, Moylan agrees that he shall provide (i) President and Chief Executive Officer services to Dataram Memory as the Company’s
or Dataram Memory’s Board of Directors may from time to time assign to Moylan and reasonably commensurate with those duties
and responsibilities normally associated with and appropriate for someone in the position of President and Chief Executive Officer
and (ii) consulting and support services with respect to and in connection with the operation of the Company’s business
and provide general business and consulting services to the Company to assist in all transitional needs and activities of the
Company upon the reasonable request of the Company in support of management of the Company.

 

4.
Moylan’s Release. In consideration for the payments and benefits described above and for other good and valuable
consideration, Moylan hereby releases and forever discharges the Company and its subsidiaries, as well as its affiliates and all
of their respective directors, officers, employees, members, agents, and attorneys, of and from any and all manner of actions
and causes of action, suits, debts, claims, and demands whatsoever, in law or equity, known or unknown, asserted or unasserted,
which he ever had, now has, or hereafter may have on account of his employment with the Company, the termination of his employment
with the Company, and/or any other fact, matter, incident, claim, injury, event, circumstance, happening, occurrence, and/or thing
of any kind or nature which arose or occurred prior to the date when he executes this Agreement, including, but not limited to,
any and all claims for wrongful termination; breach of any implied or express employment contract; unpaid compensation of any
kind; breach of any fiduciary duty and/or duty of loyalty; breach of any implied covenant of good faith and fair dealing; negligent
or intentional infliction of emotional distress; defamation; fraud; unlawful discrimination, harassment; or retaliation based
upon age, race, sex, gender, sexual orientation, marital status, religion, national origin, medical condition, disability, handicap,
or otherwise; any and all claims arising under arising under Title VII of the Civil Rights Act of 1964, as amended (“Title
VII”); the Equal Pay Act of 1963, as amended (“EPA”); the Age Discrimination in Employment Act of
1967, as amended (“ADEA”); the Americans with Disabilities Act of 1990, as amended (“ADA”);
the Family and Medical Leave Act, as amended (“FMLA”); the Employee Retirement Income Security Act of 1974,
as amended (“ERISA”); the Sarbanes-Oxley Act of 2002, as amended (“SOX”); the Worker Adjustment
and Retraining Notification Act of 1988, as amended (“WARN”); and/or any other federal, state, or local law(s)
or regulation(s); any and all claims for damages of any nature, including compensatory, general, special, or punitive; and any
and all claims for costs, fees, or other expenses, including attorneys’ fees, incurred in any of these matters (the “Release”).
The Company acknowledges, however, that Moylan does not release or waive any rights to contribution or indemnity under this Agreement
to which he may otherwise be entitled. The Company also acknowledges that Moylan does not release or waive any claims, and that
he retains any rights he may have, to any vested 401(k) monies (if any) or benefits (if any), or any other benefit entitlement
that is vested as of the Termination Date pursuant to the terms of any Company-sponsored benefit plan governed by ERISA. Nothing
contained herein shall release the Company from its obligations set forth in this Agreement.

 

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5.
Company Release. In exchange for the consideration provided for in this Agreement, the Company irrevocably and unconditionally
releases Moylan of and from all claims, demands, causes of actions, fees and liabilities of any kind whatsoever, which it had,
now has or may have against Moylan, as of the date of this Agreement, by reason of any actual or alleged act, omission, transaction,
practice, conduct, statement, occurrence, or any other matter, within the reasonable scope of Moylan’s employment. The Company
represents that, as of the date of this Agreement, there are only two known claims relating to Moylan and in which he is named:
(i) John Freeman v. Dataram Corporation, David A. Moylan, Jon Isaac, and John Does 1-5, in the Superior Court of the State
of New Jersey, Essex County, Docket No. ESX-L-002471-15 and (ii) Dataram Corporation v. John Freeman, Marc Palker and MPP Associates,
Inc., in the Superior Court of the State of New Jersey, Mercer County, Docket No. ESX-L-000886-15. The Company further acknowledges
that as of the date of this Agreement, there are no additional known claims related to Moylan. The Company agrees to indemnify
Moylan against any known and future claims to the extent permitted under the Company’s bylaws. Notwithstanding the foregoing,
this release does not include any fraud, gross negligence, material misrepresentation or the Company’s right to enforce
the terms of this Agreement nor does this release include the release of any obligation of Moylan to repay or surrender any benefits
received by him as a result of the occurrence of any restatement of any Company financial results from which any benefit derived
by Moylan shall have been determined, including pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
or any other applicable law

 

6.
Confidential Information. Moylan understands and acknowledges that during the course of his employment by the Company,
during the Term, for a period of two (2) years following the Term, he had and will have access to Confidential Information (as
defined below) of the Company. Moylan agrees that, at no time during the Term or a period of two (2) years immediately thereafter,
will Moylan (a) use Confidential Information for any purpose other than in connection with services provided under this Agreement
or (b) disclose Confidential Information to any person or entity other than to the Company
or persons or entities to whom disclosure has been authorized by the Company. As used
herein, “Confidential Information” means all information of a technical or business nature relating
to the Company or its affiliates, including, without limitation, trade secrets, inventions, drawings, file data,
documentation, diagrams, specifications, know-how, processes, formulae, models, test results,
marketing techniques and materials, marketing and development plans, price lists, pricing
policies, business plans, information relating to customer or supplier identities, characteristics and agreements, financial
information and projections, flow charts, software in various stages of development, source
codes, object codes, research and development procedures and employee files and information;
provided, however, that “Confidential Information” shall not include any
information that (i) has entered the public domain through no action or failure to act of Moylan; (ii) was already lawfully in
Moylan’s possession without any obligation of confidentiality; (iii) subsequent to disclosure hereunder is obtained by Moylan
on a non-confidential basis from a third party who has the right to disclose such information
to Moylan; or (iv) is ordered to be or otherwise required to be disclosed by Moylan by a court of law or other governmental
body; provided, however, that the Company is notified of such order or requirement and given a reasonable opportunity
to intervene.

 

7.
Applicable Law and Dispute Resolution. Except as to matters preempted by ERISA or other laws of the United States of America,
this Agreement shall be interpreted solely pursuant to the laws of the State of New York, exclusive of its conflicts of laws principles.
Each of the parties hereto irrevocably submits to the exclusive jurisdiction of the courts of the State of New York, for the purposes
of any suit, action, or other proceeding arising out of this Agreement or any transaction contemplated hereby.

 

8.
Non-Competition; Non-Solicitation; Non-Disparagement.

 

(i)
Non-Compete. Moylan hereby covenants and agrees that Moylan will not, during the Term or for a period of two (2) years immediately
after the Term, without the prior written consent of the Company, directly or indirectly, on his own behalf or in the service
or on behalf of others, whether or not for compensation, engage in any business activity, or have any interest in any person,
firm, corporation or business, through a subsidiary or parent entity or other entity (whether as a shareholder, agent, joint venturer,
security holder, trustee, partner, consultant, creditor lending credit or money for the purpose of establishing or operating any
such business, partner or otherwise) with any Competing Business in the Covered Area. For the purpose hereof “Competing
Business” means any provider of memory products or memory performance solutions other than Dataram Memory if Moylan is providing
services to Dataram Memory as set forth herein, any other business engaged in or planned by the Company on the date hereof and
within a period of two (2) years prior to the date hereof, and any mining or resource business conducted by or similar to the
business of U.S Gold and its subsidiaries and (ii) “Covered Area” means all geographical areas of the United States
and foreign jurisdictions where Company then has offices and/or sells its products directly or indirectly through distributors
and/or other sales agents. Notwithstanding the foregoing, Moylan may own shares of companies whose securities are publicly traded,
so long as ownership of such securities do not constitute more than one (1%) percent of the outstanding securities of any such
company.

 

    	 	3	 

    	 	 	 

    

 

(ii)
Non-Solicitation and Non-Disparagement. Moylan further agrees that Moylan will not, during the Term or a period of two (2) years
immediately after the Termination Date, divert any business of the Competing Business of the Company and/or its affiliates or
any customers or suppliers of the Company and/or the Company’s and/or its affiliates’ with respect to the Competing
Business to any other person, entity or competitor, or induce or attempt to induce, directly or indirectly, any person to leave
his or her employment with the Company and/or its affiliates. Moylan and the Company each agree that he and it shall not malign,
defame, blame, or otherwise disparage the other, either publicly or privately regarding the past or future business or personal
affairs of Moylan, the Company or any other officer, director or employee of the Company.

 

9.
Future Cooperation. Moylan agrees to reasonably cooperate with the Company and its financial and legal advisors, in connection
with any business matters for which the Moylan’s assistance may be required and in any claims, investigations, administrative
proceedings or lawsuits which relate to the Company and for which Moylan may possess relevant knowledge or information. Any travel
and accommodation expenses incurred by the Moylan as a result of such cooperation will be reimbursed if approved in writing in
advance and are otherwise in accordance with the Company’s standard policies.

 

10.
Entire Agreement. This Agreement may not be changed or altered, except by a writing signed by both parties. Until such
time as this Agreement has been executed and subscribed by both parties hereto: (i) its terms and conditions and any discussions
relating thereto, without any exception whatsoever, shall not be binding nor enforceable for any purpose upon any party; and (ii)
no provision contained herein shall be construed as an inducement to act or to withhold an action, or be relied upon as such.
This Agreement constitutes an integrated, written contract, expressing the entire agreement and understanding between the parties
with respect to the subject matter hereof and supersedes any and all prior agreements and understandings, oral or written, between
the parties

 

11.
Assignment. Moylan has not assigned or transferred any claim he is releasing, nor has he purported to do so. If any provision
in this Agreement is found to be unenforceable, all other provisions will remain fully enforceable. This Agreement binds Moylan’s
heirs, administrators, representatives, executors, successors, and assigns, and will insure to the benefit of all Released Parties
and their respective heirs, administrators, representatives, executors, successors, and assigns.

 

    	 	4	 

    	 	 	 

    

 

12.
Acknowledgement. Moylan acknowledges that he: (a) has carefully read this Agreement in its entirety; (b) has been advised
to consult and has been provided with an opportunity to consult with legal counsel of his choosing in connection with this Agreement;
(c) fully understands the significance of all of the terms and conditions of this Agreement and has discussed them with his independent
legal counsel or has been provided with a reasonable opportunity to do so; (d) has had answered to his satisfaction any questions
asked with regard to the meaning and significance of any of the provisions of this Agreement; (e) is signing this Agreement voluntarily
and of his own free will and agrees to abide by all the terms and conditions contained herein; and (f) following his execution
of this Agreement, he has seven (7) days in which to revoke his release and that, if he chooses not to so revoke, this Agreement
shall become effective and enforceable on the Effective Date. To revoke the Release, Moylan understands that he must give a written
revocation to the Company, within the seven (7)-day period following the date of execution of this Agreement. If the last day
of the revocation period is a Saturday, Sunday, or legal holiday in the State of New York, then the revocation period shall not
expire until the next following day which is not a Saturday, Sunday or legal holiday. If Moylan revokes the Release, this Agreement
will not become effective or enforceable and Moylan acknowledges and agrees that he will not be entitled to any benefits hereunder,
including in Section 2.

 

13.
Notices. For the purposes of this Agreement, notices, demands and all other communications provided for in this Agreement
shall be in writing and shall be delivered (i) personally, (ii) by first class mail, certified, return receipt requested, postage
prepaid, (iii) by overnight courier, with acknowledged receipt, or (iv) by facsimile transmission followed by delivery by first
class mail or by overnight courier, in the manner provided for in this Section, and properly addressed as follows:

 

	 	If
    to the Company:	 	Dataram
    Corporation
	 	 	 	777
    Alexander Road
	 	 	 	Suite
    100
	 	 	 	Princeton,
    NJ 08540
	 	 	 	Fax:
    (609) 799 6096

 

	 	If
    to Moylan: 	 	David
    A. Moylan
	 	 	 	156
    Osborne Avenue
	 	 	 	Bay
    Head, NJ 08742
	 	 	 	Email:
    davemoylan03@yahoo.com
	 	 	 	Phone:
    (917) 913-6686

 

14.
Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one and the
same agreement, and shall become effective when one or more such counterparts have been signed by each of the parties and delivered
to the other parties. In the event that any signature is delivered by facsimile transmission or by an e-mail which contains a
portable document format (.pdf) file of an executed signature page, such signature page shall create a valid and binding obligation
of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such signature page
were an original thereof.

 

13.
Counsel Representation. The Parties hereto further agree
that this Agreement has been carefully read
and fully understood by them. Each
Party hereby represents, warrants, and agrees
that he was represented by counsel
in connection with the Agreement, has
had the opportunity to consult with counsel
about the Agreement, has carefully read
and considered the terms of this Agreement,
and fully understands the same.
Moylan represents, warrants and acknowledges that he has retained independent counsel and that counsel to the Company does not
represent Moylan.

 

[SIGNATURE
PAGE IMMEDIATELY FOLLOWS]

 

    	 	5	 

    	 	 	 

    

 

IN
WITNESS HEREOF, the parties hereby enter into this Agreement and affix their signatures as of the date first above written.

 

DATARAM
CORPORATION

 

	By:	/s/
    Edward Karru	 
	Name:	Edward
    Karr	 
	Title:	Chief
    Executive Office	 

 

	By:	/s/
    David A. Moylan	 
	Name:
    	David
    A. Moylan	 

 

    	 	6SEPARATION
AGREEMENT

 

THIS
SEPARATION AGREEMENT (the “Agreement”) is entered into as of the 8th day of June, 2017 by and between Anthony Lougee
(“Lougee”) and Dataram Corporation, a Nevada corporation, and subsidiaries (“Dataram” and together with
its subsidiaries, the “Company”).

 

WHEREAS,
Lougee is employed as the Chief Financial Officer of Dataram and Chief Financial Officer of the Company’s subsidiary
Dataram Memory;

 

WHEREAS,
the Company and Lougee are parties to an employment agreement dated July 31, 2015 (the “Employment Agreement”) (the
“Employment Agreement”), a change in control severance agreement dated July 31, 2015 (the “Severance Agreement”)
and an Incentive Agreement dated February 7, 2017 (the “Incentive Agreement”);

 

WHEREAS,
Dataram has concluded a series of transactions pursuant to an Agreement and Plan of Merger, as amended, with Dataram Acquisition
Sub, Inc., a Nevada corporation, and U.S. Gold Corp., a Nevada corporation (the “Transaction”) as more fully described
in that certain Registration Statement on Form S-4 (File No. 333-215385) declared effective by the SEC on March 7, 2017 (the “S-4”)
which describes, among other things, the rights of Lougee upon termination by the Company to receive a cash payment as agreed
in the estimated amount of $200,000 (in addition to vesting of equity and health and welfare benefits (collectively, the “Separation
Payments”);

 

WHEREAS,
the Company and Lougee desire to enter into this Agreement providing for payment to Lougee of the Separation Benefits and to provide
for Lougee’s ongoing continued service to the Company as Chief Financial Officer of the Company on an “at will basis”.

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereby agree as follows:

 

1.
Termination Date. Lougee acknowledges that his last day of service with the Company as an officer or employee of the Company
will be June 6, 2017, (the “Termination Date”) and Lougee hereby resigns as Chief Financial Officer of the Company
and all other positions and titles held with the Company (including subsidiaries) Lougee further understands and agrees that,
as of the Termination Date, he will be no longer authorized to conduct any business on behalf of the Company as an executive or
employee or to hold himself out as an officer of the Company or its subsidiaries except as otherwise provided herein. Any and
all positions and/or titles held by Lougee with the Company or any Subsidiaries of the Company will be deemed to have been resigned
as of the Termination Date, except as otherwise provided herein. 

 

2.
Severance Payment. As severance, the Company shall pay or provide to Lougee the following benefits as the sole and exclusive
payments by the Company and in lieu of any and all payments or obligations of the Company whatsoever, including, without limitation,
any and all separation payments, or Separation Payments, under the Employment Agreement, Severance Agreement or Incentive Agreement,
as described in the S4, pursuant to any Company policy or procedure, or otherwise (other than as required under any applicable
statute, rule or regulation):

 

    	 	 	 

    	 

    

 

(i)
$221,718, with such amount payable within 10 days following the Termination Date.

 

(ii)
Lougee’s outstanding and unvested options, if any, shall vest in three equal installments commencing on the Termination
Date. 

 

Lougee
shall be responsible for the payment of all payroll taxes, Medicare and other taxes, and shall indemnify the Company with respect
to the payment of all such amounts. Except as otherwise set forth herein, Lougee will not be entitled to payment of any bonus,
vacation or other incentive compensation. Any tax, penalties or interest as a result thereof shall be the sole responsibility
of Lougee who agrees to indemnify and hold harmless the Company with respect thereto.

 

3.
Reserved. 

 

4.
Lougee’s Release. In consideration for the payments and benefits described above and for other good and valuable
consideration, Lougee hereby releases and forever discharges the Company and its subsidiaries, as well as its affiliates and all
of their respective directors, officers, employees, members, agents, and attorneys, of and from any and all manner of actions
and causes of action, suits, debts, claims, and demands whatsoever, in law or equity, known or unknown, asserted or unasserted,
which he ever had, now has, or hereafter may have on account of his employment with the Company, the termination of his employment
with the Company, and/or any other fact, matter, incident, claim, injury, event, circumstance, happening, occurrence, and/or thing
of any kind or nature which arose or occurred prior to the date when he executes this Agreement, including, but not limited to,
any and all claims for wrongful termination; breach of any implied or express employment contract; unpaid compensation of any
kind; breach of any fiduciary duty and/or duty of loyalty; breach of any implied covenant of good faith and fair dealing; negligent
or intentional infliction of emotional distress; defamation; fraud; unlawful discrimination, harassment; or retaliation based
upon age, race, sex, gender, sexual orientation, marital status, religion, national origin, medical condition, disability, handicap,
or otherwise; any and all claims arising under arising under Title VII of the Civil Rights Act of 1964, as amended (“Title
VII”); the Equal Pay Act of 1963, as amended (“EPA”); the Age Discrimination in Employment Act of
1967, as amended (“ADEA”); the Americans with Disabilities Act of 1990, as amended (“ADA”);
the Family and Medical Leave Act, as amended (“FMLA”); the Employee Retirement Income Security Act of 1974,
as amended (“ERISA”); the Sarbanes-Oxley Act of 2002, as amended (“SOX”); the Worker Adjustment
and Retraining Notification Act of 1988, as amended (“WARN”); and/or any other federal, state, or local law(s)
or regulation(s); any and all claims for damages of any nature, including compensatory, general, special, or punitive; and any
and all claims for costs, fees, or other expenses, including attorneys’ fees, incurred in any of these matters (the “Release”).
The Company acknowledges, however, that Lougee does not release or waive any rights to contribution or indemnity under this Agreement
to which he may otherwise be entitled. The Company also acknowledges that Lougee does not release or waive any claims, and that
he retains any rights he may have, to any vested 401(k) monies (if any) or benefits (if any), or any other benefit entitlement
that is vested as of the Termination Date pursuant to the terms of any Company-sponsored benefit plan governed by ERISA. Nothing
contained herein shall release the Company from its obligations set forth in this Agreement. 

 

    	 	2	 

    	 

    

 

5.
Company Release. In exchange for the consideration provided for in this Agreement, the Company irrevocably and unconditionally
releases Lougee of and from all claims, demands, causes of actions, fees and liabilities of any kind whatsoever, which it had,
now has or may have against Lougee, as of the date of this Agreement, by reason of any actual or alleged act, omission, transaction,
practice, conduct, statement, occurrence, or any other matter, within the reasonable scope of Lougee’s employment. The Company
represents that, as of the date of this Agreement, there are no known claims relating to Lougee. The Company agrees to indemnify
Lougee against any future claims to the extent permitted under the Company’s bylaws. Notwithstanding the foregoing, this
release does not include any fraud, gross negligence, material misrepresentation or the Company’s right to enforce the terms
of this Agreement nor does this release include the release of any obligation of Lougee to repay or surrender any benefits received
by him as a result of the occurrence of any restatement of any Company financial results from which any benefit derived by Lougee
shall have been determined, including pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 or any
other applicable law 

 

6.
Confidential Information. Lougee understands and acknowledges that during the course of his employment by the Company,
he had and will have access to Confidential Information (as defined below) of the Company. Lougee agrees that, for a period of
two (2) years from the Termination Date, he shall not (a) use Confidential Information for any purpose other than in connection
with services provided under this Agreement or (b) disclose Confidential Information to any person or entity other than to the
Company or persons or entities to whom disclosure has been authorized by the Company. As used herein, “Confidential Information”
means all information of a technical or business nature relating to the Company or its affiliates, including, without limitation,
trade secrets, inventions, drawings, file data, documentation, diagrams, specifications, know-how, processes, formulae, models,
test results, marketing techniques and materials, marketing and development plans, price lists, pricing policies, business plans,
information relating to customer or supplier identities, characteristics and agreements, financial information and projections,
flow charts, software in various stages of development, source codes, object codes, research and development procedures and employee
files and information; provided, however, that “Confidential Information” shall
not include any information that (i) has entered the public domain through no action or failure to act of Lougee; (ii) was already
lawfully in Lougee’s possession without any obligation of confidentiality; (iii) subsequent to disclosure hereunder is obtained
by Lougee on a non-confidential basis from a third party who has the right to disclose such information to Lougee; or (iv) is
ordered to be or otherwise required to be disclosed by Lougee by a court of law or other governmental body; provided, however,
that the Company is notified of such order or requirement and given a reasonable opportunity to intervene.

 

7.
Applicable Law and Dispute Resolution. Except as to matters preempted by ERISA or other laws of the United States of America,
this Agreement shall be interpreted solely pursuant to the laws of the State of New York, exclusive of its conflicts of laws principles.
Each of the parties hereto irrevocably submits to the exclusive jurisdiction of the courts of the State of New York, for the purposes
of any suit, action, or other proceeding arising out of this Agreement or any transaction contemplated hereby.

 

    	 	3	 

    	 

    

 

8.
Non-Competition; Non-Solicitation; Non-Disparagement.

 

(i)
Non-Compete. Lougee hereby covenants and agrees that Lougee will not, for a period of two (2) years immediately after the Termination
Date, without the prior written consent of the Company, directly or indirectly, on his own behalf or in the service or on behalf
of others, whether or not for compensation, engage in any business activity, or have any interest in any person, firm, corporation
or business, through a subsidiary or parent entity or other entity (whether as a shareholder, agent, joint venturer, security
holder, trustee, partner, consultant, creditor lending credit or money for the purpose of establishing or operating any such business,
partner or otherwise) with any Competing Business in the Covered Area. For the purpose hereof “Competing Business”
means any provider of memory products or memory performance solutions other than Dataram Memory if Lougee is providing services
to Dataram Memory as set forth herein or pursuant to any other agreement by and between Lougee and the Company, any other business
engaged in or planned by the Company on the date hereof and within a period of two (2) years prior to the date hereof, and any
mining or resource business conducted by or similar to the business of U.S Gold and its subsidiaries and (ii) “Covered Area”
means all geographical areas of the United States and foreign jurisdictions where Company then has offices and/or sells its products
directly or indirectly through distributors and/or other sales agents. Notwithstanding the foregoing, Lougee may own shares of
companies whose securities are publicly traded, so long as ownership of such securities do not constitute more than one (1%) percent
of the outstanding securities of any such company.

 

(ii)
Non-Solicitation and Non-Disparagement. Lougee further agrees that Lougee will not, for a period of two (2) years immediately
after the Termination Date, divert any business of the Competing Business of the Company and/or its affiliates or any customers
or suppliers of the Company and/or the Company’s and/or its affiliates’ with respect to the Competing Business to
any other person, entity or competitor, or induce or attempt to induce, directly or indirectly, any person to leave his or her
employment with the Company and/or its affiliates. Lougee and the Company each agree that he and it shall not malign, defame,
blame, or otherwise disparage the other, either publicly or privately regarding the past or future business or personal affairs
of Lougee, the Company or any other officer, director or employee of the Company.

 

9.
Future Cooperation. Lougee agrees to reasonably cooperate with the Company and its financial and legal advisors, in connection
with any business matters for which the Lougee’s assistance may be required and in any claims, investigations, administrative
proceedings or lawsuits which relate to the Company and for which Lougee may possess relevant knowledge or information. Any travel
and accommodation expenses incurred by the Lougee as a result of such cooperation will be reimbursed if approved in writing in
advance and are otherwise in accordance with the Company’s standard policies.

 

    	 	4	 

    	 

    

 

10.
Entire Agreement. This Agreement may not be changed or altered, except by a writing signed by both parties. Until such
time as this Agreement has been executed and subscribed by both parties hereto: (i) its terms and conditions and any discussions
relating thereto, without any exception whatsoever, shall not be binding nor enforceable for any purpose upon any party; and (ii)
no provision contained herein shall be construed as an inducement to act or to withhold an action, or be relied upon as such.
This Agreement constitutes an integrated, written contract, expressing the entire agreement and understanding between the parties
with respect to the subject matter hereof and supersedes any and all prior agreements and understandings, oral or written, between
the parties

 

11.
Assignment. Lougee has not assigned or transferred any claim he is releasing, nor has he purported to do so. If any provision
in this Agreement is found to be unenforceable, all other provisions will remain fully enforceable. This Agreement binds Lougee’s
heirs, administrators, representatives, executors, successors, and assigns, and will insure to the benefit of all Released Parties
and their respective heirs, administrators, representatives, executors, successors, and assigns.

 

12.
Acknowledgement. Lougee acknowledges that he: (a) has carefully read this Agreement in its entirety; (b) has been advised
to consult and has been provided with an opportunity to consult with legal counsel of his choosing in connection with this Agreement;
(c) fully understands the significance of all of the terms and conditions of this Agreement and has discussed them with his independent
legal counsel or has been provided with a reasonable opportunity to do so; (d) has had answered to his satisfaction any questions
asked with regard to the meaning and significance of any of the provisions of this Agreement; (e) is signing this Agreement voluntarily
and of his own free will and agrees to abide by all the terms and conditions contained herein; and (f) following his execution
of this Agreement, he has seven (7) days in which to revoke his release and that, if he chooses not to so revoke, this Agreement
shall become effective and enforceable on the eighth (8th) day following his execution of this Agreement (the “Effective
Date”). To revoke the Release, Lougee understands that he must give a written revocation to the Company, within the seven
(7)-day period following the date of execution of this Agreement. If the last day of the revocation period is a Saturday, Sunday,
or legal holiday in the State of New York, then the revocation period shall not expire until the next following day which is not
a Saturday, Sunday or legal holiday. If Lougee revokes the Release, this Agreement will not become effective or enforceable and
Lougee acknowledges and agrees that he will not be entitled to any benefits hereunder, including in Section 2.

 

13.
Notices. For the purposes of this Agreement, notices, demands and all other communications provided for in this Agreement
shall be in writing and shall be delivered (i) personally, (ii) by first class mail, certified, return receipt requested, postage
prepaid, (iii) by overnight courier, with acknowledged receipt, or (iv) by facsimile transmission followed by delivery by first
class mail or by overnight courier, in the manner provided for in this Section, and properly addressed as follows:

 

	 	If
    to the Company: 	Dataram
    Corporation
	 	 	777
    Alexander Road
	 	 	Suite
    100
	 	 	Princeton,
    NJ 08540
	 	 	Fax:
	 	 	 
	 	If
    to Lougee:	Anthony
    Lougee

 

    	 	5	 

    	 

    

 

14.
Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one and the
same agreement, and shall become effective when one or more such counterparts have been signed by each of the parties and delivered
to the other parties. In the event that any signature is delivered by facsimile transmission or by an e-mail which contains a
portable document format (.pdf) file of an executed signature page, such signature page shall create a valid and binding obligation
of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such signature page
were an original thereof.

 

13.
Counsel Representation. The Parties hereto further agree that this Agreement has been carefully read and fully understood
by them. Each Party hereby represents, warrants, and agrees that he was represented by counsel in connection with the Agreement,
has had the opportunity to consult with counsel about the Agreement, has carefully read and considered the terms of this Agreement,
and fully understands the same. Lougee represents, warrants and acknowledges that he has retained independent counsel and that
counsel to the Company does not represent Lougee.

 

[signature
page follows immediately]

 

    	 	6	 

    	 

    

 

IN
WITNESS HEREOF, the parties hereby enter into this Agreement and affix their signatures as of the date first above written.

 

	DATARAM CORPORATION	 
	 	 	 
	By:	/s/
    Edward Karr	 
	Name:	Edward
    Karr	 
	Title:	Chief
    Executive Officer	 

 

	/s/
    Anthony Lougee 	 
	Anthony
    Lougee	 

 

    	 	7

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