Document:

Purchase Agreement

 Exhibit 10.92 
 PURCHASING AGREEMENT 
 THIS PURCHASING AGREEMENT (this
“Agreement”) is made and entered into as of this 16th day of January, 2007 to be effective as of
October 1st , 2006 (the “Effective Date”) by and between Theriac Enterprises of
Scottsdale, LLC, a Arizona limited liability company (“Owner”) and Devoto Construction of Southwest Florida, Inc. (“Devoto”). 
 RECITALS: 
 A. Owner is the owner of all that certain real property located in
the City of Scottsdale, Maricopa County (“County”), State of Arizona, having a street address of 7340 Thomas Rd., Scottsdale, Arizona (the “Property”). 
 B. Devoto is a wholly owned subsidiary of Radiation Therapy Services, Inc., a Florida corporation (“RTSI”), a developer and operator of
radiation therapy centers. Devoto has well-established relationships with vendors of various equipment and other goods necessary and used in the operation of radiation therapy centers. 
 C. Owner is developing the Property as a radiation therapy center meeting the standards and requirements of RTSI for
a radiation therapy center under its 21st Century Oncology flagship brand (the “Project”).

 D. Owner wishes to appoint Devoto as its purchasing agent for the purposes of arranging the purchase of any and all equipment necessary
for the operation of the Project as herein provided. 
 NOW THEREFORE, in consideration of the foregoing and for other valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 SECTION 1 
 PURCHASING AGENT 
 1.1
Purchasing. Owner does hereby employ Devoto as its sole and exclusive purchasing agent for the specialty items necessary to equip a radiation therapy center, which specialty items anticipated to be purchased in connection with the Project is
more particularly described in the schedule attached as Exhibit “A” attached hereto and made a part hereof. Such specialty items shall be purchased for Owner by Devoto upon a schedule to be determined by Owner and Devoto. Owner shall pay
the actual cost of such specialty items as negotiated by Devoto and shall further pay to Devoto a transaction fee on each item of specialty items so purchased by Devoto of 20% of the actual cost of same. Additionally, Owner shall pay all sales and
use taxes imposed on any such specialty items in connection with the original purchase thereof, as well as all shipping and handling charges for such specialty items. Such specialty items shall be deemed to be sold directly to Owner, and Devoto
shall not be deemed an owner thereof. Devoto’s compensation is 

 for consulting services rendered in connection with the selection of such specialty items, arranging the purchase of same
from vendors with whom Devoto has established relationships, delivery of such specialty items and overseeing the installation of same. Devoto’s fees for such services shall be invoiced to Owner upon the ordering of any such specialty items on
Owner’s behalf pursuant to the terms hereof and shall be payable by Owner to Devoto within thirty (30) days of the date of each such invoice. Invoices not paid within such thirty (30) day time period shall bear interest at the lesser
of 18% or the maximum contract rate of interest allowed by law. 
 1.2 No Representation or Warranty by Devoto. DEVOTO MAKES NO
WARRANTY OR REPRESENTATION RELATIVE TO SUCH SPECIALTY ITEMS PURCHASED BY OWNER PURSUANT TO THE TERMS HEREOF AND DEVOTO DOES HEREBY DISCLAIM ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Owner shall look solely to the manufacturer or vendor of such specialty items as to any warranties associated therewith and Devoto shall have no liability for the condition or fitness for any
of the specialty items purchased by Owner pursuant to the terms hereof. Devoto shall not be deemed to be vendor of such specialty items for any purpose. Additionally, Devoto shall not be responsible or liable for the unavailability of any such
specialty items or the failure of any manufacturer or vendor to timely deliver any such specialty items. All risks of such specialty items shall be borne by Owner solely. 
 1.3 Indemnity. Owner recognizes and agrees that it is solely responsible for payment of the purchase price of each piece of specialty item hereunder, as well as the cost of any sales or use taxes imposed
thereon in connection with the original purchase thereof, the cost of shipping and handling such specialty items. Owner agrees to and does hereby indemnify, defend and hold Devoto harmless of, from and against any and all such claims. 
 SECTION 2 
 GENERAL PROVISIONS

 2.1 Binding Effect. Subject to any provision hereof restricting assignment, this Agreement shall be binding upon and inure to
the benefit of the executing parties and their respective successors and assigns. 
 2.2 Costs and Attorneys’ Fees. If any party
to this Agreement brings or commences any legal action or proceeding to enforce any of the terms of this Agreement (or for damages by reason of an alleged breach of this Agreement), the prevailing party in such action shall be entitled to recovery
of all costs and expenses of litigation, including reasonable attorneys’ fees and costs, as part of its judgment. The prevailing party shall also be entitled to recovery of all costs and expenses, including reasonable attorneys’ fees, in
enforcing any judgment awarded to it. 
 2.3 Relationship of Parties. Nothing contained in this Agreement shall be deemed or
construed, either by the parties hereto or by any third party, to create any partnership, joint venture or other association between Owner and Devoto. 
  

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 2.4 Notices. All notices, including deliveries of documentation (i.e., plans and contracts)
for review and approval herein shall be sent by either personal delivery, a reputable overnight courier which keeps receipts of delivery (such as UPS or Federal Express), or through the facilities of the United States Post Office, postage prepaid,
certified or registered mail, return receipt requested. Any such notice shall be effective upon delivery, if delivered by personal delivery or overnight courier, and seventy-two (72) hours after dispatch, if mailed in accordance with the above.
Notices to the respective parties shall be sent to the following addresses unless written notice of a change of address has been previously given pursuant hereto: 
  

			
	To Owner:	  	 Theriac Enterprises of Scottsdale, LLC

		  	 2234 Colonial Boulevard

		  	 Fort Myers, FL 33907

		  	 Attention: Daniel E. Dosoretz, M.D.

		
	To Devoto:	  	 Devoto Construction of Southwest Florida, Inc.

		  	 2234 Colonial Boulevard

		  	 Fort Myers, FL 33907

		  	 Attn: David M. Koeninger

		  	 Phone: (239) 931-7282

		  	 Fax: (239) 931-7380

 2.5 Consents. Whenever in this Agreement a party is, or may be, called upon to give its
consent or approval to any action, except as otherwise specifically provided herein, the consent or approval shall not be unreasonably withheld or delayed. 
 2.6 Exhibits Incorporated. Each exhibit and schedule attached hereto and referred to in this Agreement is hereby incorporated by reference as though set forth in full where referred to (by letter or
description) herein. 
 2.7 Entire Agreement; Modification. This Agreement (including the Recitals set forth at the beginning of this
Agreement, all of which are incorporated herein by this reference) embodies and constitutes the entire understanding between the parties with respect to the transaction contemplated herein. All prior or contemporaneous agreements, understandings,
representations and statements, oral or written, are merged into this Agreement. Neither this Agreement nor any provision hereof may be waived, modified, discharged, or terminated except by an instrument in writing signed by the party against which
the enforcement of such waiver, modification, amendment, discharge or termination is sought, and then only to the extent set forth in such instrument. 
 2.8 Applicable Law. This Agreement shall be governed by, and construed in accordance with, the laws of Florida. 
  

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 2.9 Headings. Descriptive headings are for convenience only and shall not control or affect the
meaning or construction of any provision of this Agreement. 
 2.10 Interpretation. Whenever the context hereof shall so require, the
singular shall include the plural, the male gender shall include the female gender and the neuter, and vice versa, and the use of the terms “include,” “includes” and “including” shall be without limitation to the items
which follow. 
 2.11 Severability. In case any one or more of the provisions hereof shall for any reason be held to be invalid,
illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision hereof, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been
contained herein. 
 2.12 Joint Drafting. The parties acknowledge that each has played an equal part in the negotiation and drafting
of this Agreement, and in the event any ambiguities should be realized in the construction or interpretation of this Agreement, such ambiguities shall not be construed against either party solely on account of authorship. 
 2.13 Time is of the Essence. The parties acknowledge that time is of the essence for each time and date specifically set forth in this Agreement.

 [signature pages follow] 
  

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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year first written
above. 
  

			
	“Owner”
	
	THERIAC ENTERPRISES OF SCOTTSDALE, LLC
		
	By:	 	 /s/ Daniel E. Dosoretz

	Name:	 	Daniel E. Dosoretz
	Title:	 	Manager
	
	“Devoto”
	
	 DEVOTO CONSTRUCTION OF SOUTHWEST
 FLORIDA,
INC.

		
	By:	 	 /s/ David M. Koeninger

	Name:	 	David M. Koeninger
	Title:	 	CFO

  

 5Separation Agreement

 Exhibit 10.1 
 AGREEMENT 
 THIS AGREEMENT (the “Agreement”) is entered into on this 14th day of
February, 2007 by and between Devcon International Corp, a Florida corporation (the “Company”), and George M. Hare (the “Executive”). 
 Recitals 
 WHEREAS, the Executive has been employed by the Company or an Affiliate (as
defined below) thereof pursuant to the terms of an Employment Letter, dated November 28, 2005, by and between the Company and the Executive (the “Employment Letter”); and 
 WHEREAS, the Company and the Executive have mutually agreed that the Employment Letter, and the Executive’s employment with the Company and
its Affiliates (as defined below), shall terminate, effective as of February 9, 2007 (the “Termination Date”); and 
 WHEREAS, the Company and the Executive now wish to set forth in this Agreement all of their respective rights and obligations resulting from such termination of employment and the termination of the Employment Letter. 
 NOW, THEREFORE, in consideration of the mutual promises and covenants between the parties, the sufficiency of which is hereby acknowledged, the
Company and Executive hereby agree to the following Terms and Conditions: 
 Terms and Conditions 
 1. Recitals. All of the foregoing Recitals are true and correct and are incorporated as part of these Terms and Conditions. 
 2. Termination of Employment Letter. The Company and the Executive each acknowledge and agree that the Executive’s employment with the
Company and its Affiliates shall terminate as of the Termination Date, and that the Employment Letter shall terminate and be of no further force and effect as of the Termination Date. For purposes of this Agreement, the term “Affiliate”
includes all of the Company’s direct and indirect subsidiaries and any other entities that directly or indirectly, through one or more intermediaries, control, are controlled by or are under common control with the Company. 
 3. Payments Under Employment Letter. Subject to any applicable employment and withholding taxes, Executive shall be entitled to the
following: 
 (a) salary earned and reasonable expenses reimbursable under the Employment Letter incurred through the Termination Date;

 (b) a payment equal to $100,000 in the aggregate, which shall be payable in equal installments over a six month period commencing on
February 14, 2007 consistent with the Company’s current sub-contractor procedures, provided that, at such time as this Agreement terminates in accordance with the terms hereof, all remaining sums owed to the Executive shall be paid by the
Company; and 
  

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 (c) assumption by the Company of that certain lease, dated January 16, 2006, as extended, by and
between Executive and The Residences at Bayview, the lease payments and term under which Executive represents and warrants do not exceed $2,000 per month and ten months, respectively. 
 4. Benefits and Other Agreements. In consideration for the termination of the Employment Letter and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and the Executive agree that the Company shall provide the Executive with the following benefits (together with the payments set forth in Section 3 hereof,
the “Benefits”), in each case reduced by any applicable employment and withholding taxes: 
 (a) Continuation of Health Benefits
and other Benefits. Until the expiration (or other termination) of the term of this Agreement, to the extent permitted under the Company’s welfare benefit plans, the Company shall make available to the Executive the benefits generally
provided by the Company to its employees, as the same may be modified from time to time. Upon the expiration of such term, the Executive shall be entitled, at Executive’s cost and expense, to continued coverage for himself and his family under
the Company’s medical and dental insurance plan immediately following the Termination Date (the “COBRA Period”), if and to the extent that the Executive elects such continued coverage pursuant to COBRA. The Company’s obligation
to provide such coverage shall terminate upon the Executive’s commencement of new employment and enrollment in his new employer’s plan. 
 (b) Certain Violations. The Executive’s violation of any of the provisions of the Employment Letter through the Termination Date or of Sections 5, 7, 9, 10, 11, 12 or 13 hereof shall, in addition to any other remedy, result
in a cessation of all Benefits and other rights of the Executive hereunder. The Company may offset any amounts payable by the Company pursuant to Section 4 against any amounts payable by the Executive to the Company. The Company will provide
the Executive with written notice of the reason for any offset and Executive will have 45 days from receipt of this written notice to remedy said violation before any such suspension or offset of payments shall occur. 
 5. Assistance to Company. In consideration for the Company’s entering into this Agreement, Executive agrees that from time to time, at
reasonable times and upon reasonable advance notice from the Company, he will respond within a reasonable time to answer questions or other inquiries from the Company and advise the Company as reasonably requested by the Company. In addition,
subject to the oversight and review by the Company’s Board of Directors and its Chief Executive Officer, the Executive agrees to (i) assist the Company in obtaining financing relating to business operations and acquisitions and assist with
any subsequent negotiations with lenders; (ii) assist the Company in developing tax planning strategies; (iii) assist the Company with filings required under and compliance with applicable federal securities laws; (iv) assist the
Company with preparation of its internal and public financial statements, budgets and other financial planning processes; and (v) provide and assist in such other services as may be reasonably requested by the Company. Executive shall not
receive any additional compensation for such services. The Executive shall not be obligated to devote in excess of 100 hours to the services described hereunder, which hours shall be allocated to the period beginning on the Termination Date and
ending at such time as the Company files a definitive proxy statement in connection with the Company’s 

  

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next annual meeting with the Securities and Exchange Commission (the “Definitive Proxy Statement Filing”). Notwithstanding anything stated
herein to the contrary, to the extent the Company desires and the Executive provides the services described hereunder for time periods in excess of those described in this Section 5, the Company shall pay the Executive an additional fee at a
rate of $200 per hour. The Executive shall be reimbursed for all reasonable out-of-pocket costs, fees or expenses incurred, or expenditures made in connection with the performance by the Executive of its duties hereunder. The parties specifically
intend that Executive is to perform any such services as an independent contractor to the Company. Neither Executive nor any agent or employee of Executive shall be deemed to be the agent, employee, partner or joint venture of the Company. Nothing
in this Agreement, or otherwise, creates or shall be construed to create the relationship of master and servant or employer and employee between the Company and Executive after the Termination Date. Executive acknowledges that from and after that
date he will have absolutely no authority to represent, contract on behalf of, or obligate the Company. Executive is not required to provide any such services or assistance after the final payment under this Agreement. 
 6. No Further Compensation. The Executive acknowledges and agrees that other than the compensation described in Section 3 above and
the Benefits described in Section 4 above, no further compensation or benefits or other monies are owed to the Executive by the Company arising out of the Employment Letter, this Agreement or otherwise on account of his employment or
termination of employment with the Company and its Affiliates. 
 7. Restrictions. 
 (a) Nondisclosure. The Executive shall not at any time divulge, communicate, use to the detriment of the Company or for the benefit of any other
person or persons, or misuse in any way, any Confidential Information (as hereinafter defined) pertaining to the business of the Company. Any Confidential Information or data now or hereafter acquired by the Executive with respect to the business of
the Company (which shall include, but not be limited to, information concerning the Company’s financial condition, prospects, technology, customers, suppliers, sources of leads and methods of doing business) shall be deemed a valuable, special
and unique asset of the Company that was received by the Executive in confidence and as a fiduciary, and Executive shall remain a fiduciary to the Company with respect to all of such information. For purposes of this Agreement, “Confidential
Information” means information disclosed to the Executive or known by the Executive as a consequence of or through his employment by the Company or during his service as a consultant to the Company (including information conceived, originated,
discovered or developed by the Executive) prior to or after the date hereof, and not generally known, about the Company or its business. Notwithstanding the foregoing, nothing herein shall be deemed to restrict the Executive from disclosing
Confidential Information to the extent required by law. 
 (b) Noncompetition. During the Period and for the one year period that
immediately follows the Termination Date, the Executive shall not do any of the following, either directly or indirectly, during the period of time consisting of one year from the Termination Date but only to the extent the Company complies with its
payment obligations hereunder (the “Applicable Non-Competition Period”), anywhere in the United States. In the event that Executive improperly competes with the Company in violation of this Section 7, the period during which he
engages in such competition shall not be counted in determining the Applicable Non-Competition Period: 
  

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 (i) For purposes of this Agreement, “Competitive Activity” shall mean any activity relating
to, in respect of or in connection with, directly or indirectly, the electronic security services business. 
 (ii) The Executive shall not,
directly or indirectly, own any interest in, manage, operate, control, consult for, be an officer or director of, work for, or be employed in any capacity by, any sole proprietorship, corporation, company, partnership, association, venture or
business any company or any other business, entity, agency or organization (whether as an employee, officer, director, partner, agent, security holder, creditor, consultant or otherwise) that directly or indirectly (or through any affiliated entity)
engages in Competitive Activity; provided that such provision shall not apply to the Advisor’s ownership of securities of the Company or the acquisition by the Advisor, solely as an investment, of securities of any issuer that is registered
under Section 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended, and that are listed or admitted for trading on any United States national securities exchange or that are quoted on the National Association of Securities Dealers
Automated Quotations System, or any similar system or automated dissemination of quotations of securities prices in common use, so long as the Advisor does not control, acquire a controlling interest in or become a member of a group which exercises
direct or indirect control of, more than five percent of any class of capital stock of such corporation. 
 (c) Nonsolicitation of
Employees and Clients. During the Period and for the one year period that immediately follows the Termination Date, the Executive shall not, directly or indirectly, for himself or for any other person, firm, corporation, partnership, association
or other entity, (i) employ or attempt to employ or enter into any contractual arrangement with any employee or former employee of the Company, unless such employee or former employee has not been employed by the Company for a period in excess
of six months, (ii) solicit any of the actual or targeted prospective clients of the Company on behalf of any person or entity in connection with any business competitive with the business of the Company and/or (iii) make known the names
and addresses of such clients or any information relating in any manner to the Company’s trade or business relationships with such clients (other than in connection with the performance of the Executive’s duties under this Agreement.
Nothing in this paragraph shall prohibit Executive from purely social, non-competitive business discussions and interaction with persons already known to Executive as of the date of this Agreement. 
 (d) Ownership of Developments. All copyrights, patents, trade secrets, or other intellectual property rights associated with any ideas, concepts,
techniques, inventions, processes, or works of authorship developed or created by Executive during the course of performing work for the Company or its clients (collectively, the “Work Product”) shall belong exclusively to the Company and
shall, to the extent possible, be considered a work made by the Executive for hire for the Company within the meaning of Title 17 of the United States Code. To the extent the Work Product may not be considered work made by the Executive for hire for
the Company, the Executive agrees to assign, and automatically assign at the time of creation of the Work Product, without any requirement of further consideration, any right, title, or interest the Executive may have in such Work Product. Upon the
request of the Company, the Executive shall take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to give full and proper effect to such assignment. 
  

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 (e) Definition of Company. For purposes of this Section 7, the term “Company” also
shall include the Company’s Affiliates. 
 (f) Acknowledgment by Executive. The Executive acknowledges and confirms that
(i) the restrictive covenants contained in this Section 7 are reasonably necessary to protect the legitimate business interests of the Company, and (ii) the restrictions contained in this Section 7 (including without limitation
the length of the term of the provisions of this Section 7) are not overbroad, overlong, or unfair and are not the result of overreaching, duress or coercion of any kind. The Executive further acknowledges and confirms that his full,
uninhibited and faithful observance of each of the covenants contained in this Section 7 will not cause him any undue hardship, financial or otherwise, and that enforcement of each of the covenants contained herein will not impair his ability
to obtain employment commensurate with his abilities and on terms fully acceptable to him or otherwise to obtain income required for the comfortable support of him and his family and the satisfaction of the needs of his creditors. The Executive
acknowledges and confirms that his special knowledge of the business of the Company is such as would cause the Company serious injury or loss if he were to use such ability and knowledge to the benefit of a competitor or were to compete with the
Company in violation of the terms of this Section 7. The Executive further acknowledges that the restrictions contained in this Section 7 are intended to be, and shall be, for the benefit of and shall be enforceable by, the Company’s
successors and assigns. 
 (g) Reformation by Court. In the event that a court of competent jurisdiction shall determine that any
provision of this Section 7 is invalid or more restrictive than permitted under the governing law of such jurisdiction, then only as to enforcement of this Section 7 within the jurisdiction of such court, such provision shall be
interpreted and enforced as if it provided for the maximum restriction permitted under such governing law. 
 (h) Extension of Time.
If the Executive shall be in violation of any provision of this Section 7, then each time limitation set forth in this Section 7 shall be extended for a period of time equal to the period of time during which such violation or violations
occur. If the Company seeks injunctive relief from such violation in any court, then the covenants set forth in this Section 7 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the
Executive. 
 (i) Injunctive Relief. The covenants of the Executive set forth in this Section 7 are separate and independent
covenants, for which valuable consideration has been paid, the receipt, adequacy and sufficiency of which are hereby acknowledged by the Executive, and which have been made by the Executive to induce the Company to enter into this Agreement. Each of
the aforesaid covenants may be availed of, or relied upon, by the Company or any of its Affiliates in a court of competent jurisdiction for the basis of injunctive relief. 
 8. Resignations. Upon execution of this Agreement, the Executive hereby resigns all of his positions as an officer of the Company and as an
officer and director, as applicable, of each of its Affiliates, effective on the Termination Date. 
  

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 9. Return of Books, Records, Accounts, Credit Cards and Equipment. The Executive hereby
acknowledges and agrees that all books, records, accounts, credit cards and equipment relating in any manner to the business of the Company and/or its Affiliates, whether prepared by the Executive or otherwise coming into the Executive’s
possession, including the computer and computer support equipment that Executive is currently using are the exclusive property of the Company and shall be returned to the Company upon the Termination Date. 
 10. No Charges Filed. Executive represents and warrants that he has not filed any claims or causes of action against the Company or any of
its Affiliates, including but not limited to any charges of discrimination against the Company or its Affiliates, with any federal, state or local agency or court. 
 11. No Administrative Proceeding to be Filed. The Executive agrees not to institute an administrative proceeding or lawsuit against the Company or any of its Affiliates, and represents and warrants that,
to the best of his knowledge, no other person or entity has initiated or is authorized to initiate such administrative proceedings or lawsuit on his behalf. Furthermore, the Executive agrees not to encourage any other person or suggest to any other
person that he or she institute any legal action or claim against the Company or any of its Affiliates or any past or present shareholders, directors, officers or agents. 
 12. Non-Disparagement of Company or any of its Affiliates. The Executive agrees not to make any disparaging or negative comment to any other person or entity regarding (a) the Company or any of its
Affiliates, (b) any of the owners, directors, officers, shareholders, members, employees, attorneys or agents of the Company or any of its Affiliates, (c) the working conditions at the Company or any of its Affiliates, or (d) the
circumstances surrounding the Executive’s separation from the Company or any of its Affiliates. 
 13. Duty of
Cooperation. The Executive agrees to cooperate with the Company and its attorneys in connection with any threatened or pending litigation against the Company or any of its Affiliates. The Executive agrees to make himself available upon
reasonable notice to prepare for and appear at deposition or at trial in connection with any such matters. The Company shall reimburse the Executive for his reasonable out-of-pocket expenses for such activities. The Executive agrees to cooperate
fully in effecting an orderly transition with regard to the termination of the Executive’s employment and the transition of his duties to other employees of the Company and its Affiliates. 
 14. Mutual General Releases. 
 (a) Release by Executive. The Executive, his personal representatives, heirs and assigns, first party, hereby releases, discharges and covenants not to sue the Company, its past and present shareholders, directors, officers, employees,
partners and agents, subsidiary and affiliated entities and successors and assigns, second party, from and for any and all claims, demands, damages, lawsuits, obligations, promises, administrative actions, charges and causes of action, both known or
unknown, in law or in equity, of any kind whatsoever, which first party ever had, now has, or may have against second party, for, upon or by reason of any matter, cause or thing whatsoever, up to and including the date of this Agreement,
including but not limited to any and all claims and causes of action arising out of or in connection with Executive’s 

  

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employment with Company, any and all claims and causes of action under Title VII of the Civil Rights Act of 1964, as amended, the Age Discrimination in
Employment Act of 1967, as amended, the Retirement Income Security Act (“ERISA”) and any other federal, state or local anti-discrimination law, statute or ordinance, and any lawsuit founded in tort, contract (oral, written or implied) or
any other common law or equitable basis of action, but excluding any obligations of the Company under this Agreement or under that certain indemnification agreement by and between the Company and the Executive dated June 14, 2002 (the
“Indemnification Agreement”). 
 (b) Release by Company. The Company, its past and present shareholders, directors,
officers, employees, partners and agents, subsidiary and affiliated entities, and successors and assigns, first party, hereby releases, discharges, and covenants not to sue the Executive, his personal representatives, heirs and assigns, second
party, from and for any and all claims, demands, damages, lawsuits, obligations, promises, administrative actions, charges or causes of action, both known or unknown, in law or in equity, of any kind whatsoever, which first party ever had, now has,
or may have against second party, for, upon or by reason of any matter, cause or thing whatsoever, up to and including the date of this Agreement, including any lawsuit founded in tort, contract (oral, written or implied) or any other common law on
equitable basis of action, but excluding any obligations of the Executive under this Agreement and any actions of Executive for which he is not indemnified under the Indemnification Agreement. The release of Executive contained herein does not apply
to any fraudulent or unlawful activities of Executive. 
 15. Attorneys’ Fees. In the event that a legal action is brought
to enforce the terms of this Agreement, the prevailing party shall be entitled to recover its costs, including all attorneys fees. 
 16.
Beneficiaries. Any payment to which Executive is entitled to under this Agreement shall, in the event of his death, be made to his surviving spouse or such other persons as Executive shall designate in writing to the Company from time
to time. If no such beneficiaries survive Executive, such payments shall be made to Executive’s estate. 
 17.
Severability. If any provision of this Agreement is invalidated by a court of competent jurisdiction, then all of the remaining provisions of this Agreement shall remain in full force and effect, provided that both parties may still
effectively realize the complete benefit of the promises and considerations conferred hereby. 
 18. Entire Agreement. This
Agreement constitutes the entire agreement between the parties hereto with respect to the matters set forth herein and supersedes in its entirety any and all agreements or communications, whether written or oral, previously made in connection with
the matter herein. Any agreement to amend or modify the terms and conditions of this Agreement must be in writing and executed by the parties hereto. 
 19. Construction. The parties acknowledge that each party has reviewed and revised this Agreement and that the normal rule of construction to the effect that any ambiguities are to be resolved against
the drafting party shall not be employed in the interpretation of this Agreement. 
  

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 20. Governing Law; Arbitration. This Agreement shall be governed by and construed in
accordance with the laws of the State of Florida without regard to principles of conflicts of law. Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration in Broward County, Florida,
in accordance with the Rules of the American Arbitration Association then in effect (except to the extent that the procedures outlined below differ from such rules). Within 30 days after written notice by either party has been given that a dispute
exists and that arbitration is required, each party must select an arbitrator and those two arbitrators shall promptly, but in no event later than 30 days after their selection, select a third arbitrator. The parties agree to act as expeditiously as
possible to select arbitrators and conclude the dispute. The selected arbitrators must render their decision in writing. The cost and expenses of the arbitration and of enforcement of any award in any court shall be borne by the non-prevailing
party. If advances are required, each party will advance one-half of the estimated fees and expenses of the arbitrators. Judgment may be entered on the arbitrators’ award in any court having jurisdiction. Although arbitration is contemplated to
resolve disputes hereunder, either party may proceed to court to obtain an injunction to protect its rights hereunder, the parties agreeing that either could suffer irreparable harm by reason of any breach of this Agreement. Pursuit of an injunction
shall not impair arbitration on all remaining issues. 
 21. Notices. All notices required or permitted to be given hereunder
shall be in writing and shall be personally delivered by courier, sent by registered or certified mail, return receipt requested or sent by confirmed facsimile transmission addressed as set forth herein. Notices personally delivered, sent by
facsimile or sent by overnight courier shall be deemed given on the date of delivery and notices mailed in accordance with the foregoing shall be deemed given upon the earlier of receipt by the addressee, as evidenced by the return receipt thereof,
or five (5) days after deposit in the U.S. mail. Notice shall be sent (i) if to the Company, addressed to: 595 South Federal Highway, Suite 500, Boca Raton, Florida 33432, Fax Number: (561) 955-7333. Attention: Richard Rochon, CEO,
and (ii) if to the Executive, to his address as reflected on the payroll records of the Company, or to such other address designated by the party by written notice in accordance with this provision. 
 22. Waivers. The waiver by either party hereto of a breach or violation of any term or provision of this Agreement shall not operate nor be
construed as a waiver of any subsequent breach or violation. 
 23. Non-Admission of Liability. Neither this Agreement nor
anything contained herein shall constitute or is to be construed as an admission by the Company or its Affiliates or the Executive as evidence of any liability, wrongdoing or unlawful conduct. 
 24. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of
which together shall constitute one and the same instrument and agreement. 
 25. Sufficient Time to Review. The Executive
acknowledges and agrees that he has had sufficient time to review this Agreement and consult with anyone he chooses regarding this Agreement, that he has a right to consult with legal counsel regarding this Agreement and has been represented by
counsel in connection with this Agreement, and that he has received all information he requires from the Company in order to make a knowing and voluntary release and waiver of all claims against the Company. 
  

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 26. Right of Rescission. The Executive acknowledges and agrees that he has been given at
least 21 days to review this Agreement. The Executive further warrants that he may use as much of or all of this 21-day period as he wishes before signing, and warrants that he has done so. The Executive further acknowledges and agrees that he has
seven days from the date of the execution of this Agreement by all parties hereto within which to rescind this Agreement by providing notice in writing to the Company as provided herein, and that the Agreement is not effective until such seven days
have expired without such notice being provided. The Executive further acknowledges that by this Agreement he is receiving consideration in addition to that to which he is already entitled. The Executive further acknowledges that this Agreement and
the release contained herein satisfy all of the requirements for an effective release by the Executive of all age discrimination claims under ADEA. 
 27. Headings. The headings are for the convenience of the parties, and are not to be construed as terms or conditions of this Agreement. 
 28. Relevant Approvals. This Agreement is subject to approvals in relevant part of the Company’s Compensation Committee and Audit Committee. 
  

 9 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above
written. 
  

			
	COMPANY:
	
	DEVCON INTERNATIONAL CORP., a Florida corporation
		
	By:	 	 /s/ Robert C. Farenhem

	 Name:
	 	Robert C. Farenhem
	 Title:
	 	Chief Financial Officer
	
	EXECUTIVE:
		
	By:	 	 /s/ George M. Hare

		 	George M. Hare

  

 10

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