Document:

f8k010314ex10iii_gawkincorp.htm

Exhibit 10.3

 

ACTION BY WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF

GAWK INCORPORATED

The undersigned, being the sole directors of Gawk Incorporated, a Nevada corporation (the “Corporation”), hereby consents to and adopts the following resolutions pursuant to the provisions of Nevada Statutes.

WHEREAS, the Board of Directors of the Corporation accepts the resignation of Scott Kettle as CEO, President and Director and appoints Scott Kettle as Chief Information Officer;

WHEREAS, the Board of Directors of the Corporation appoints Mars Callahan as CEO, President and Director;

WHEREAS, the Board of Directors of the Corporation appoints Ryan Wyler as Chief Technology Officer;

 

Based on motions duly made and seconded, the following Resolutions were approved:

NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the Corporation accepts the resignation of Scott Kettle as CEO, President and Director and appoints Scott Kettle as Chief Information Officer;

RESOLVED FURTHER, that the Board of Directors of the Corporation appoints Mars Callahan as CEO, President and Director;

RESOLVED FURTHER, that the Board of Directors of the Corporation appoints Ryan Wyler as Chief Technology Officer;

RESOLVED FURTHER, that the officers of the Corporation, acting singly, for and on behalf of the Corporation, are hereby authorized to execute any and all documents and perform any and all acts that they, in their sole discretion, deem necessary or appropriate to affect the aforesaid Resolutions.

IN WITNESS WHEREOF, the undersigned Directors of the Corporation do hereby execute this Consent to Action to be effective as of December 31, 2013

 

	
 

	 	 	

	 
	
 

	 	 	

Director

	 
	
 

	 	 	
 

	 
	 	 	 		 
	 	 	 	

DirectorEX-10.1

Exhibit 10.1

Text of Amended Articles of Incorporation

The first sentence of Article Fourth has been amended in its entirety to read as follows:

Fourth: The Corporation shall have the authority to issue 1,810,000,000 shares, of which
1,800,000,000 shall be common stock, $0.001 par value (“Common Stock”) and 10,000,000 shares
shall be preferred stock $0.001 par value (“Preferred Stock”).Ex 10.1

Exhibit 10.1

FIRST AMENDMENT TO
THIRD AMENDED AND RESTATED CREDIT AGREEMENT

THIS FIRST AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is entered into as of December 31, 2013, by and between EMPLOYERS HOLDINGS, INC., a Nevada corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).

RECITALS

WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Third Amended and Restated Credit Agreement between Borrower and Bank dated as of December 28, 2010 (as amended, amended and restated, modified and/or supplemented from time to time, the “Credit Agreement”).

WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said changes.

NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that the Credit Agreement shall be amended as follows:

1.     Section 4.1 is hereby deleted in its entirety, and the following substituted therefor:

“SECTION 4.1. PUNCTUAL PAYMENTS. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Bank, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto.”

2.     Section 4.10 is hereby deleted in its entirety, and the following substituted therefor:
        
“SECTION 4.10. FINANCIAL CONDITION. Borrower shall maintain its financial condition such that at all times the sum of (a) unencumbered cash and unencumbered cash equivalents plus (b) unencumbered marketable securities acceptable to Bank, is not less than an amount equal to five percent (5%) of the aggregate commitment amount of the Line of Credit in effect from time to time (including, without limitation, the aggregate amount of any advances outstanding under the Line of Credit, the face amount of any outstanding Letters of Credit and the unused amount of the Line of Credit).”

3.     Section 5.6 is hereby deleted in its entirety, without substitution.

4.     Except as specifically provided herein, all terms and conditions of the Credit Agreement remain in full force and effect, without waiver or modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This Amendment and the Credit Agreement shall be read together, as one document.

5.     Borrower hereby remakes all representations and warranties contained in the Credit Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there exists no Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice or the passage of time or both would constitute any such Event of Default.
    

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of
the day and year first written above.

	
							
	 
	 
	 
	 
	 
	WELLS FARGO BANK,

	EMPLOYERS HOLDINGS, INC.
	 
	 
	 
	NATIONAL ASSOCIATION

	 
	 
	 
	 
	 
	 
	 

	By:
	/s/ Douglas D. Dirks
	 
	 
	 
	By:
	/s/ Mehdi Emrani

	 
	Douglas D. Dirks
	 
	 
	 
	Name:
	Mehdi Emrani

	 
	President,
	 
	 
	 
	Title:
	Vice President

	 
	Chief Executive OfficerCareview 8-K

Exhibit 10.1

 

SEPARATION AGREEMENT AND GENERAL
RELEASE

This Separation
Agreement and General Release (the "Agreement") is made and entered into this 31st day of December, 2013,
with an effective date of December 31, 2013 (the "Effective Date") by and between Samuel A. Greco (the "Executive")
and CareView Communications, Inc., a Nevada corporation (the "Company"). The Executive and the Company are sometimes
herein referred to collectively as the "Parties" and singularly as the "Party."

 

WHEREAS, the
Executive has provided services to the Company through the Effective Date; and

 

WHEREAS, the
Executive desires to resign due to health reasons and the Company has agreed to accept his resignation; and

 

WHEREAS,
in order to provide a smooth transition, the Parties have agreed that Executive will provide consulting services to the Company
as described herein and in the Consulting Agreement attached hereto as Exhibit A; and

 

WHEREAS, the
Parties have agreed to the terms of an amicable separation as outlined herein;

 

NOW, THEREFORE,
in consideration of the foregoing and the mutual promises and covenants set forth herein, the Parties agree as follows:

 

1.      Effect of WHEREAS Clauses: The "WHEREAS" clauses set forth above are expressly incorporated in and form part
of the terms of this Agreement.

 

2.      Resignation by Executive: Executive agrees to resign from his positions as Chief Executive Officer and Director of the
Company, and from all entities which control, are controlled by, or are under common control of the Company (the "Affiliates"),
or any other entity for which he is serving as an officer, director or in a similar position as part of his duties with the Company
and Affiliates on the Effective Date (the "Resignation"). The Executive agrees to execute the Resignation attached hereto
as Exhibit B.

 

3.      Consulting Agreement: Subject to the terms and conditions herein and in the Consulting Agreement, the Company will pay
the Executive the following fees and provide the following benefits beginning the day following the Effective Date and continuing
through the Termination Date, as defined below:

 

A.      Duties to be Performed by Executive: The Executive will follow the direction of the Company's management regarding his monthly
duties and will submit a weekly report of his activities to management. The Executive is not permitted to have contact with any
current or prospective Company customer on behalf of the Company without prior approval and coordination with Company management.
The Executive must immediately advise Company management of any such communications with any current or prospective Company customer
contemporaneous with such contact.

    	1

    	 

    

B.      Remuneration for Executive's Services:

 

(i) Consulting Fees:
The Company will pay the Executive the consulting fees outlined in the Consulting Agreement from the day following the Effective
Date through the Termination Date.

 

(ii) Medical Insurance Coverage:
On the day following the Effective Date, the Executive will continue to be covered as an employee under the Company's medical insurance
policy and the Company will pay the monthly premiums through the Termination Date. After the Termination Date, the Executive will
be permitted to continue the medical insurance coverage pursuant to COBRA at his own expense for as long as the benefits are available
thereunder.

 

(iii) Stock Options Owned
by Executive: The Executive's outstanding non-qualified stock options for the purchase of an aggregate of 3,983,745 shares
(the "Options") will continue in force and pursuant to the terms of the stock option plans under which the Options were
issued, will be available for exercise by the Executive from the date of this Agreement until ninety (90) days after the Termination
Date. In the event of the Executive's death prior to the Termination Date, the Executive's survivor or estate will have the choice
to (i) keep the Options for the purchase of an aggregate of 3,983,745 shares, which Options will expire one year from the Executive's
date of death, or (ii) exchange the Options for common stock purchase warrants ("Warrants") for the purchase of an aggregate
of 1,991,872 shares, which Warrants will have the same exercise price as the Options and will contain a cashless exercise provision.
A form of Warrant is attached hereto as Exhibit C.

 

C.      Term: The Consulting Agreement, and this Agreement, shall have a Termination Date of December 31, 2014, or any
earlier date on which the Consulting Agreement is terminated by the Company for cause (the "Termination Date").

 

(i) Termination by Company
for Cause: At any time after the day following the Effective Date and prior to the Termination Date, the Company may accelerate
the Termination Date for cause ("Cause"). Cause shall include, but not be limited to, (i) the failure of the Executive
to perform any requirements hereunder and (ii) the failure of the Executive to perform any duties assigned by the Company's management
pursuant to the Consulting Agreement.

 

4.      Confidential and Proprietary Information; Preservation of Trade Secrets:

 

A.      Definition: As used herein, "Confidential and Proprietary Information" means any and all information, regardless
of when received, concerning the Company and Affiliates, including but not limited to, the whole or any portion or phase of any
development, engineering and manufacturing activity, scientific or technical information, design, process, procedure, formula,
pattern, specification, drawing, compilation, program, device, method, technique, improvement, manufacturing standard, computer

    	2

    	 

    

programs, data stored on computers,
disks or other media, files, general business information, plans, consultants’ reports, financial information, listing of
names, addresses, or telephone numbers, customer lists and other customer-related information, sales and marketing strategies,
business relationships with the clients and customers of Company and Affiliates, and all other information and all forms of communications,
whether or not marked or designated as "Confidential," "Proprietary" or the like, in any form, including but
not limited to, verbal, written, optical, electronic, physical demonstrations, in person and/or telephone conversations, e-mail
and other means of information transfer such as facility tours, regardless of whether such information is protected by applicable
trade secrets or similar laws. The term "Confidential and Proprietary Information" shall not include information which:
(a) is or becomes generally available to the public other than as a result of the disclosure by Executive; or (b) becomes available
to Executive from a source other than the Company or any of its directors, officers, executives, agents, affiliates, representatives,
or advisors, provided that to the best of the Executive’s knowledge after inquiry, such source is not bound by a confidentiality
agreement with, or other legal, fiduciary or other obligation of secrecy or confidentiality to the Company or Affiliates with respect
to such information.

 

B.      Preservation of Confidential and Proprietary Information: Executive acknowledges and agrees that any Confidential and Proprietary
Information is the sole and exclusive property of the Company. Executive shall preserve the secrecy and confidentiality of any
Confidential and Proprietary Information that Executive acquired in the course and within the scope of Executive’s employment
with the Company.

 

C.      Misappropriation or Improper Disclosure: Without the Company's prior written consent, Executive shall not use, exploit,
copy, misappropriate, improperly disclose, duplicate, or furnish any Confidential and Proprietary Information to any person or
entity not privileged to have it.

 

D.      Disclosure Pursuant to Legal Process: If the Executive shall be required by subpoena or similar government order or other
legal process ("Legal Process") to disclose any Confidential and Proprietary Information, then the Executive shall provide
the Company with prompt written notice of such requirement and, upon request, cooperate with the Company in efforts to resist disclosure
or to obtain a protective order or similar remedy. Subject to the foregoing, if any Confidential and Proprietary Information is
required by Legal Process to be disclosed, then the Executive may disclose such Confidential Information, but shall not disclose
any Confidential and Proprietary Information for a reasonable period of time, unless compelled under imminent threat of penalty,
sanction, contempt citation or other violation of law, in order to allow the Company time to resist disclosure or to obtain a protective
order or similar remedy.

 

E.      Reporting of Misappropriation. The Executive has reported and will report to the Company any and all known or suspected
misappropriations, or improper uses or disclosures of Confidential and Proprietary Information by Executive or any other known
individual or entity.

 

    	3

    	 

    

F.       Return of Confidential and Proprietary Information: Executive shall not remove from the Company any original or copy of
any document, record, disk, tape, paper, drawing, photograph, or file, which contains or refers to any Confidential and Proprietary
Information, or any other property belonging to the Company. In accordance with Section 5 below, Executive represents and warrants
to the Company that as of the Effective Date, Executive does not directly possess, or indirectly possess via the Executive’s
family member or otherwise, any Confidential or Proprietary Information in tangible form (including electronic computer files).
Executive represents and warrants to the Company that as of the Effective Date, Executive did not destroy or delete Company data,
except in the ordinary course of business and in accordance with the Company's document retention policy. Executive shall be entitled
to a copy of his contact and telephone lists and his Outlook contacts file.

 

G.      Developments and Inventions. Executive agrees that all ideas, inventions, discoveries, improvements, designs, methods, processes,
and all other work product (collectively hereinafter referred to as "Work Product") which Executive conceived or developed
during the course and within the scope of Executive’s employment with the Company, shall be and remain the sole and exclusive
property of the Company, whether or not patent applications or copyrights were filed thereon. Executive hereby assigns to the Company
all rights, title, and interest in and to any and all such Work Product. On or before the Effective Day, Executive shall promptly
disclose all such Work Product to the Company. Executive shall assist the Company at the Company’s expense, to the extent
reasonably necessary, in protecting, securing and perfecting the Company’s ownership interest in any Work Product. Executive
acknowledges and agrees that: (i) the financial compensation paid to Executive under this Agreement is full consideration for any
Work Product, (ii) the Work Product shall not be subject to any further royalty or payment obligation by the Company, and (iii)
all Work Product was work made for hire.

 

H.      Survival. The provisions contained in this Section 4 shall survive this Agreement

 

5.      Return of Company Property. The Executive shall return to the Company all property of the Company, including, but not
limited to: a) property that contains or refers to Confidential and Proprietary Information property, and all such copies that
are in Executive’s direct or indirect possession as of the Effective Date, b) other equipment provided to the Executive by
the Company, and c) other property owned by the Company, including but not limited to, computer passwords and other information
technology data.

 

6.      Non-Disparagement: Executive represents that he has not and agrees that he will not in any way disparage the Company
or Affiliates, or the Company's and Affiliates' products, services and business practices, current or former owners, directors,
officers, executives, or agents, nor assist any other person, firm, or company in doing so, or make or solicit any comments, statements,
or the like to the media or to others that may be considered derogatory or detrimental to the good name or business reputation
of any of the aforementioned individuals or entities. Nothing in this paragraph shall be construed to limit in any way Executive's
right and duty to make good faith disclosures as may be required by law and any governmental agency or other governmental institution.

    	4

    	 

    

7.       Release. 

 

A.      The Executive, for himself his personal representatives, forever releases, discharges, holds harmless, and covenants not to sue
or bring any claim against the Company or Affiliates or any current or former officers, directors, shareholders, owners, other
executives, employees or agents of the Company or Affiliates in their capacity as such (collectively, the "Released Parties"
each of whom is individually intended to be a third party beneficiary under this Agreement), from any and all actions, causes of
action, suits, debts, accounts, bonds, bills, covenants, contracts, agreements, promises, damages, judgments, executions, claims,
demands, obligations and liabilities of any kind or nature whatsoever, in law or equity, whether known or unknown, liquidated or
un-liquidated, including claims for attorneys fees or costs, which the Executive or his heirs or personal representatives ever
had, now have or hereafter may have against any of the Released Parties, for, upon, or by any reason of any act, omission, occurrence,
cause or thing whatsoever occurring prior to or on the Effective Date.

 

B.      Specifically, but without limitation, the Executive releases the Released Parties from, and agrees that he will not bring any action
or other claim (except for the benefits specifically set forth in this Agreement) based on his employment or separation from employment
with the Company against any of the Release Parties based on any statute, regulation, rule, or governing employment practices,
including, but not limited to The Age Discrimination in Employment Act, the Older Workers’ Benefit Protection Act of 1990,
The Fair Labor Standards Act, Title VII and all other provisions of The Civil Rights Act of 1964, The Americans with Disabilities
Act, The Equal Pay Act, The Employee Retirement Income Security Act of 1974 (except for any vested retirement benefit) The Family
and Medical Leave Act, The Fair Credit Reporting Act, The Occupational Safety and Health Act, The Sarbanes-Oxley Act of 2002, The
National Labor Relations Act as amended, The Labor Management Relations Act, or under any other federal, state or local employment,
civil rights or human rights law, rule or regulations, in each case as amended.

 

C.      Further, without limitation, the Executive agrees that he will not bring any action or other claim against any Released Party based
on any theory of wrongful termination, intentional or negligent infliction of mental or emotional distress, or other tort, breach
of express or implied contract, promissory estoppels, or any other statutory, regulatory or common law action or claim. Further,
also without limitation and except as provided in this Agreement, the Executive expressively waives any rights under any Company
Severance Plan, Annual Incentive Bonus Program, Incentive Stock Plan, or any Company Benefit Plan or Program, including for vacation
pay, except as otherwise set forth in this Agreement. Any rights that the Executive is entitled to by reason of Executive’s
employment with the Company or the termination of such employment that are not specifically enumerated in this Agreement are hereby
released, terminated, and cancelled as of the Effective Date.

 

    	5

    	 

    

 

D.      Notwithstanding
the foregoing, the Executive shall retain the following rights:

 

(i)Rights
to indemnification as an executive officer and director pursuant to the Company's Articles of Incorporation or Bylaws for lawful
actions conducted in the proper scope and course of his employment through the Effective Date;

 

(ii)Protections of any insurance
policies for the benefit of its directors and officers, which are in effect on the Effective Date, pursuant to the terms of said
policies.

 

E.      The Company, for itself, its Affiliates, and its current and former officers, directors, shareholders, owners, other executives,
employees or agents holds harmless and covenants not to sue or bring any claim against Executive from any and all actions, causes
of action, suits, debts, accounts, bonds, bills, covenants, contracts, agreements, promises, damages, judgments, executions, claims,
demands, obligations and liabilities of any kind or nature whatsoever, in law or equity, whether known or unknown, liquidated or
unliquidated, including claims for attorneys fees or costs which the Company has ever had, now has, or hereafter may have against
Executive for, upon, or by reason of any act, omission, occurrences, cause or thing whatsoever occurring prior to or on the Effective
Date.

 

8.      Cooperation: At the Company’s request, the Executive agrees to cooperate with the Company in any investigations
or lawsuits relating to the Company’s business, whether existing as of the Effective Date or which may arise thereafter,
until said investigations or lawsuits are completed. The Company will pay the Executive reasonable out-of-pocket expenses incurred
by the Executive in connection with his cooperation. This paragraph shall not obligate Executive to agree to a joint defense agreement
with the Company.

 

9.      No Admission of Liability. Neither this Agreement, nor anything contained herein, shall be construed as an admission
by the Company that it has in any respect violated or abridged any federal, state or local law or any right or obligation that
it may owe or may have owed to Executive. Neither this Agreement, nor anything contained herein, shall be construed as an admission
by Executive that he has in any respect violated or abridged any federal, state or local law of any right or obligation that he
may owe or may have owed to the Company.

 

10.      Set-off Rights of the Company: Executive represents that there are no actions or claims pending with any local, state,
or federal agency or court, nor any charges, lawsuits, grievances, arbitrations or requests for investigation seeking damages on
his own behalf against the Company or any other Released Party. Executive understands that if he were to bring an action or other
claim against the Company or any other Released Party in violation of Section 7 above, or otherwise materially breach this Agreement,
then the Company shall have the right to set-off any and all damages to which any Released Party may be entitled against payments
or other benefits to the Executive under this Agreement. In the event that the Company determines that the Executive may have materially
breached this Agreement, the Company shall be entitled to withhold any or all payments and benefits to the Executive set forth
above until such time as

    	6

    	 

    

the Executive’s breach of this
Agreement and any damages relating thereto has been finally adjudicated to judgment no longer subject to appeal.

 

11.      Enforcement
and Damages. 

 

A.      
In the event of any material breach of this Agreement by Executive, Executive agrees that damages may be inadequate and difficult,
if not impossible, to ascertain and that the Company may enforce this Agreement by specific performance or injunction, as may
be issued by a court of competent jurisdiction as defined in Paragraph 17(E) herein, without the necessity of posting bond or
other security, which requirement Executive hereby expressly waives. Furthermore, without waiving any rights and notwithstanding
Section 10 above, the Company may additionally or alternatively seek monetary damages or any other legal or equitable relief or
remedy to which the Company may be legally entitled to receive. Executive agrees that in
the event he materially breaches any provision of this Agreement, Executive will
pay as liquidated damages to the Company a sum equal to the gross sum of money
and other compensation and/or the monetary equivalent of the benefits provided by
the Company in Section 3 of this Agreement.

 

B.      In
the event that Executive breaches Section 4 above with respect to any Confidential and Proprietary Information for which the prohibited
use, misappropriation, or disclosure of such information could reasonably be expected to have a material adverse effect on the
business or prospects of the Company or Affiliates, then in addition to any injunctive relief to which the Company may be entitled,
the Company may seek monetary or other damages in a court of competent jurisdiction as defined in Paragraph 17 of this Agreement.

 

12.      Exception
for Challenge Under the Older Workers’ Benefits Protection Act: The provisions of Sections 11, 12, and 17(G) are
not intended to and shall not affect the right of Executive to file a lawsuit, complaint or charge that challenges the validity
of this Agreement under the Older Workers Benefit Protection Act, 29 U.S.C.§ 626(f), with respect to claims under the ADEA.
This section is not intended to and shall not limit the right of a court to determine, in its discretion, that the Company is entitled
to restitution, recoupment or set-off of any monies paid should the release of ADEA claims in this Agreement be found to be invalid.
Neither does this Section affect the Company’s right to recover attorney’s fees or costs to the extent authorized under
federal law. The provisions of Section 7, 11, 13 and 17(G) shall apply with full force and effect with respect to any other legal
proceeding.

 

13.      No Raid: Executive
agrees that he will not, for a period of twelve (12) months following the Termination Date, for any reason whatsoever, do any of
the following:

 

A.      Hire or otherwise engage
the services of any officer or employee of the Company or Affiliates; or

 

B.      Solicit, entice, persuade,
encourage or otherwise induce any employees of the Company or Affiliates to terminate such employment or to become employed by
any person or entity other than the Company.

    	7

    	 

    

14.      Agreement
not to Compete:

 

A.      The Executive agrees
that he will not, for a period of twelve (12) months following the Termination Date, for any reason whatsoever, do any of the following:

 

(i);Solicit, entice, persuade,
encourage or otherwise induce any individual or entity (including any subsidiary or affiliate of such individual or entity and
any officer, stockholder, partner, employee or other representative of such individual or entity) that was a customer of the Company
or Affiliates (whether or not the Executive provided services for such customer) at any time Executive was an employee of the Company
(a) to refrain from purchasing products manufactured by the Company or Affiliates or using the services of the Company or Affiliates,
or (b) to purchase products and services available from the Company or Affiliates from any person or entity other than the Company
or Affiliates;

 

(ii)Own,
manage, control or participate in the ownership, management, or control, or be employed or engaged by or otherwise affiliated or
associated as an employee, consultant, independent contractor, director, agent or otherwise with any other corporation, partnership,
proprietorship, firm, association or other business entity in the world ("Competitive Companies") that manufactures or
sells any product that competes with or is a substitute for the products sold by the Company; provided, however, that the Executive
may own up to five percent (5%) of any class of publicly-traded securities of any such entity;

 

B.      Executive has carefully
considered the nature and extent of the restrictions upon him under this Section 14 and hereby acknowledges and agrees that the
same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to the Company
and Affiliates, subsidiaries, successors and assigns, do not stifle the inherent skill and experience of Executive, would not operate
as a bar to Executive’s means of support, are fully required to protect the legitimate interest of the Company, and do not
confer a benefit upon the Company disproportionate to the detriment of the Executive. Executive further acknowledges that this
Section 14 was negotiated with the Company and is a material provision of this Agreement.

 

15      Period
for Review and Consideration of Release. Executive understands and acknowledges that
he has been given an opportunity for the period of time he deems necessary to review and consider this Agreement
before signing it. 

 

16      Encouragement
to Consult with Attorney. Executive acknowledges he was advised by the Company to
consult with an attorney before signing this Agreement.

 

17.       Miscellaneous.

 

A.      Entire Agreement. This Agreement contains the entire and exclusive understanding and agreement of the terms and conditions
between the Executive and the Company with respect to its subject matter, and supersedes any and all prior agreements

    	8

    	 

    

or understandings, written
or oral, between Executive and the Company with respect to its subject matter with the exception of the Indemnification Agreement
between the Executive and the Company dated June 1, 2010 (attached as Exhibit D). This Agreement may only
be modified, amended or terminated by written agreement between the Executive and the Company.

 

B.      Counterparts. This Agreement may be executed in two counterparts, which together shall be considered an original. A signature
provided by facsimile shall be deemed to be a valid execution of this Agreement.

 

C.      Non-Waiver. The failure of a Party to insist upon strict adherence to any obligation of this Agreement shall not be considered
a waiver or deprive that Party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement.
Any waiver of any provision of this Agreement must be in a written instrument signed and delivered by the Party waiving the provision.

 

D.      Further Action. The Parties shall execute and deliver all documents, provide all information, and take or forebear from
all such action as may be necessary or appropriate to achieve the purposes of this Agreement.

 

E.      Governing Law, Jurisdiction, and Venue. This Agreement and any and all actions arising out of or in any way related to this
Agreement, shall be governed, construed, and enforced in accordance with the laws of the State of Texas, without regard to the
conflicts of law principles. The Executive and the Company hereby submit to the exclusive jurisdiction of federal court in the
Northern District of Texas or state trial courts in Denton County, Texas (and any appellate courts with jurisdiction over such
trial courts) for any claim by either party arising out of or related to this Agreement, and agree that any such claim shall be
heard and determined by a federal court in the Northern District of Texas or state court located in Denton County, Texas. The Executive
and the Company waive any and all rights to raise a defense of forum non-conveniens in any such action.

 

F.      Interpretation. Neither Party shall be deemed the drafter of this Agreement nor shall it be construed or interpreted in
favor of or against either Party. Prior drafts of this Agreement shall not be used to interpret any language herein or the intent
of the Parties.

 

G.      Savings Clause. If any provision of this Agreement is held by a court of competent jurisdiction to be illegal, void or unenforceable,
such provision shall have no effect; however, the remaining provisions shall be enforced to the maximum extent possible. Further,
if a court should determine that any portion of this Agreement is overbroad or unreasonable, such provision shall be given effect
to the maximum extent possible by narrowing or enforcing in part that aspect of the provision found overbroad or unreasonable.

 

    	9

    	 

    

H.       Titles and Captions. All section headings or captions contained in this Agreement are for convenience only and shall neither
be deemed a part of the context nor effect the interpretation of this Agreement.

 

I.      Binding Effect. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of each Party.

 

IN WITNESS WHEREOF,
the Parties hereto have duly and voluntarily executed this Agreement as of the date first written above.

 

	SAMUEL A. GRECO

                            

                            
	 	CAREVIEW COMMUNICATIONS,
INC.	 
	/s/ Samuel A. Greco
	 	By:	/s/ Steve Johnson	 
	Samuel A. Greco, an individual	 	       	Steve Johnson, President	 

 

 

 

 

    	10

    	 

    

 

EXHIBIT A

 

CONSULTING AGREEMENT

    	11

    	 

    

 

EXHIBIT B

 

LETTER OF RESIGNATION

 

    	12

    	 

    

 

EXHIBIT C 

WARRANT, FORM OF

    	13

    	 

    

 

EXHIBIT D

INDEMNIFICATION AGREEMENT

 

 

 

    	14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00225-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00225-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00225-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00225-of-00352.parquet"}]]