Document:

exhibit10-15.htm

    
      

    

    Exhibit
10.15

    HOOPER
HOLMES, INC.

    

    2007
NON-EMPLOYEE DIRECTOR RESTRICTED STOCK PLAN

    

    Section
1.                      Introduction

    

    1.1              The
Plan; Effective Date; Duration.  This Hooper Holmes, Inc. 2007
Non-Employee Director Restricted Stock Plan (the “Plan”) shall become effective
upon its approval by the shareholders of the Company (“Effective
Date”).  The Plan shall continue in effect for a period of ten (10)
years from the Effective Date or until the earlier termination of the
Plan.  For purposes of the Plan, a “Non-Employee Director” shall mean
any director of the Company (as hereinafter defined) who is not an employee of
the Company (as hereinafter defined) or any of its affiliates or
subsidiaries.

    

    1.2              Purpose.  The
purpose of the Plan is to provide each non-employee member (“Non-Employee
Director”) of the Board of Directors (the “Board”) of Hooper Holmes, Inc, a New
York corporation (the “Company”) with awards of shares of common stock, par
value $.04 per share or other successor security (Stock”) of the Company,
subject to the restrictions and other provisions of the Plan (“Restricted
Stock”).  It is intended that the Plan will (a) permit Non-Employee
Directors to increase their stock ownership and proprietary
interest in the Company and enhance their identification with the interests of
the Company’s shareholders (“Shareholders”), (b) provide a means of compensating
Non-Employee Directors that will help attract qualified candidates to serve as
Non-Employee Directors, and (c) induce incumbent Non-Employee Directors to
continue to serve if the Board and Shareholders desire that they remain on the
Board.

    

    1.3              Shares
of Stock Available Under the Plan.

    

    (a)           Subject
to any adjustments made pursuant to Section 1.3(c), the aggregate number of
shares of Stock that may be issued under the Plan shall be
600,000.  No fractional shares of Stock will be issued under the
Plan.

    

    (b)           Shares
of Stock awarded under the Plan may be (i) authorized but unissued shares of
Stock, (ii) previously issued shares of Stock reacquired by the Company,
including shares purchased in the open market, or (iii) a combination
thereof.

    

    (c)           Adjustment
shall be made in the number of shares of Stock available under the Plan and
covered by the Plan awards in the event of any recapitalization, reorganization,
merger, consolidation, spin-off, combination, repurchase, exchange of shares or
other securities of the Company, stock split, reverse stock split, stock
dividend, extraordinary dividend, liquidation, dissolution, or other similar
corporate transaction or event affecting the Company.

    

    Section
2.                      Restricted Stock
Awards

    

    2.1              Award
Dates.

    

    (a)           On
June 1, 2007 and on June 1 of each year thereafter until the termination of this
Plan, each Non-Employee Director other than the Chair of the Board shall
automatically be granted 5,000 shares of Restricted Stock and the Non-Executive
Chair of the Board (or Lead Director if there is no Non-Executive Chair of the
Board) shall automatically be granted 10,000 shares of Restricted
Stock.

    

    (b)           A
Non-Employee Director who is first elected to the Board on a date following the
Effective Date shall be awarded such number of shares of Restricted Stock as of
such date of election as determined by the Board, after consideration of the
recommendation of the Compensation Committee (the “Committee”) of the
Board.

    

    2.2              Issuance
of Stock.  Subject to Section 2.7(b) of the Plan, as promptly
as practical after the date as of which an award is made, the Company shall
issue a certificate (“Certificate”), registered in the name of the Non-Employee
Director receiving an award representing the number of shares of Restricted
Stock covered by the Non-Employee Director’s award.

    

    2.3              Rights
of Holders of Restricted Stock.  Upon issuance of a
Certificate, the Non-Employee Director in whose name the Certificate is
registered shall, subject to the provisions of the Plan including Section
2.7(b), have all the rights of a Shareholder with respect to the shares of
Restricted Stock represented by the Certificate, including the right to vote the
shares and receive cash dividends and other distributions thereon.

    

    2.4              Restricted
Period.  Restricted Stock shall be subject to the restrictions
set forth in Section 2.7 of the Plan and the other provisions of the Plan for a
period (the “Restricted Period”) commencing on the date as of which the
Restricted Stock is awarded (the “Award Date”) and, as to any Non-Employee
Director, ending on the date of the termination of such Non-Employee Director’s
service on the Board for any reason (other than removal of such Non-Employee
Director from the Board as set forth in Section 2.5 below in which case the
Restricted Stock would be forfeited) provided that, if at the time a
Non-Employee Director ceases to be a member of the Board, such Non-Employee
Director has not served on the Board for at least 4 years, then the Restricted
Period shall continue as to such Non-Employee Director until the 4th
anniversary of the date such Non-Employee Director first became a member of the
Board.

    

    2.5              Forfeiture.  If
a Non-Employee Director ceases to be a member of the Board during the Restricted
Period because such director is removed from the Board for cause by action of
the Shareholders or by the Board, such Non-Employee Director shall forfeit to
the Company all shares of Restricted Stock awarded to him.

     

    
 

    
      
        
        

      

      
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    2.6              Release
of Restricted Stock.  Upon completion of the Restricted Period,
as provided in Section 2.4, unless previously forfeited, Restricted Stock shall
be released to the Non-Employee Director, free and clear of all restrictions and
other provisions of the Plan, on the first business day immediately following
the last day of the Restricted Period with respect to such Restricted
Stock.

    

    2.7              Restrictions.  restricted
Stock shall be subject to the following restrictions during the Restricted
Period:

    

    (a)           The
Restricted Stock may not be sold, assigned, transferred, pledged, hypothecated
or otherwise disposed of, and neither the right to receive Restricted Stock nor
any interest under the Plan may be assigned by a Non-Employee Director, and any
attempted assignment shall be void, except for transfers
to family members, trusts, or for customary estate planning purposes, provided
such transferees agree to this restriction on transfer and to the other terms of
this Plan.

    

    (b)           A
Certificate evidencing the Restricted Stock shall be issued by the Company in
the Non-Employee Director’s name pursuant to which the Non-Employee Director
shall have voting rights and shall be entitled to receive all dividends;
provided, however, that if any dividend is declared and paid by the Company in
any form other than cash, such non-cash dividend shall be subject to the same
restrictions as those imposed on the Restricted Stock and reflected in this
Plan.  The Company shall cause the Certificate to be delivered upon
issuance to the Non-Employee Director (with an appropriate legend restricting
transfer in accordance with the restrictions set forth in this
Plan).

    

    Notwithstanding any other provisions of
this Plan, the issuance or delivery of any shares of Stock (whether subject to
restrictions or unrestricted) may be postponed for such period as may be
required to comply with applicable requirements of the American Stock Exchange,
including but not limited to obtaining the approval of the Shareholders of the
Company, and/or any requirements under any law or regulation applicable to the
issuance or delivery of such shares.  The Company shall not be
obligated to issue or deliver any shares of Stock if the issuance or delivery
thereof shall constitute a violation of any provision of any law or of any
regulation of any governmental authority or any national securities
exchange.

    

    (c)           The
issuance of any Restricted Stock award shall be subject to and contingent upon
(i) completion of any registration or qualification of the Stock under any
federal or state law or governmental rule or regulation that the Company, in its
sole discretion, determines to be necessary or advisable; and (ii) the execution
by the Non-Employee Director and delivery to the Company of any agreement
reasonably required by the Company.

    

    2.8              Tax
Withholding.  The Company will have the right to withhold from
any settlement of Stock under the Plan any federal, state or local taxes of any
kind required by law to be withheld or paid by the Company on behalf of a
Non-Employee Director with respect to such settlement.  In the event
any such taxes are imposed, the subject Non-Employee Director will be required
to make arrangements satisfactory to the Company for the satisfaction of any
such withholding tax obligation.  The Company will not be required to
deliver Stock under the Plan until any such obligation is
satisfied.

    

    Section
3.                      General
Provisions

    

    3.1              Administration.  The
Plan shall be administered by the Committee.  The Committee shall have
full power, discretion and authority to interpret and administer the Plan,
except that the Committee shall have no power to (a) determine the eligibility
for awards of Restricted Stock or the number of shares of Restricted Stock to be
awarded or the timing or value of awards of Restricted Stock to be awarded any
Non-Employee Director except as provided in Section 2.1(b), or (b) take any
action specifically delegated to the Board under the Plan. The Committee’s
interpretations and actions shall, except as otherwise determined by the Board,
be final, conclusive and binding upon all persons for all
purposes.  The Committee may employ such legal counsel, consultants
and agents as it may deem desirable for the administration of the Plan, and may
rely upon any advice or opinion received from any such counsel or consultant and
any computation received from any such consultant or agent.  Expenses
incurred by the Committee in the engagement of such counsel, consultant or agent
shall be paid by the Company.

    

    3.2              No
Retention Rights.  Neither the establishment of the Plan or the
awarding of Restricted Stock to a Non-Employee Director shall be considered to
give the Non-Employee Director the right to be retained on, or nominated for
reelection to, the Board, or to any benefits or awards not specifically provided
for by the Plan.

    

    3.3              Transfer
Restrictions.  Shares acquired under the Plan may not be sold
or otherwise disposed of except pursuant to an effective registration statement
under the Securities Act of 1933, as amended, or except in a transaction which,
in the opinion of counsel acceptable to the Company, is exempt from registration
under said Act.  All Certificates evidencing shares of Restricted
Stock issued pursuant to the Plan shall bear an appropriate legend evidencing
any such transfer restriction.  The Company may require each person
receiving shares under the Plan to represent in writing that such person is
acquiring the shares for his or her own account for investment purposes and
without a view to the distribution thereof.

    

    3.4              Interests
Not Transferable.  Except as to withholding of any tax required
under the laws of the United States or any state or locality, no benefit payable
at any time under the Plan shall be subject in any manner to alienation, sale,
transfer, assignment, pledge, attachment, or other legal process, or encumbrance
of any kind.  Any attempt to alienate, sell, transfer, assign, pledge,
attach or otherwise encumber any such benefits whether currently or thereafter
payable, shall be void.  No benefit shall, in any manner, be liable
for or subject to the debts or liabilities of any person entitled to such
benefits.  If any person shall attempt to, or shall alienate, sell,
transfer, assign, pledge or otherwise encumber such person’s benefits under the
Plan, or if by reason of such person’s bankruptcy or any other event, such
benefits would devolve upon any other person or would not be enjoyed by the
person entitled thereto under the Plan, then the Committee, in its discretion,
may terminate the interest in any such benefits of the person entitled thereto
under the Plan and hold or apply them to or for the benefit of such person
entitled thereto under the Plan or such person’s spouse, children or other
dependents, or any of them, in such manner as the Committee may deem
proper.

     

    
 

    
      
        
        

      

      
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    3.5              Amendment
and Termination.

    

    (a)           The
Board may at any time amend or terminate the Plan; provided that:

    

    (i)           No
amendment or termination shall, without the written consent of a Non-Employee
Director, adversely affect the Non-Employee Director’s rights under outstanding
awards of Restricted Stock; and

    

    (ii)           Shareholder
approval of any amendment shall be required if Shareholder approval is required
under applicable law or the requirements of the American Stock
Exchange.

    

    (b)           Subject
to Section 3.5(a) of the Plan, the Plan shall terminate ten years after it
becomes effective, and no shares of Restricted Stock may be granted under the
Plan thereafter, but such termination shall not affect any shares of Restricted
Stock granted prior to that date.

    

    3.6              Severability.  If
all or any part of the Plan is declared by any court or governmental authority
to be unlawful or invalid, such unlawfulness or invalidity shall not serve to
invalidate any portion of the Plan not declared to be unlawful or
invalid.  Any Section or part hereof so declared to be unlawful or
invalid shall, if possible, be construed in a manner which will give effect to
the terms of such Section or part thereof to the fullest extent possible while
remaining lawful and valid.

    

    3.7              Controlling
Law.  The Plan shall be governed by, and construed in
accordance with, the laws of the State of New York without regard to the
conflict of laws provisions thereunder.

    

    3.8              Shareholder
Approval.  The Plan will be submitted for approval by
Shareholders at the Company’s 2007 Annual Meeting of Shareholders and, if not so
approved, will be deemed null and void following the meeting and no shares shall
be granted hereunder.

    

    
 

    
 

    

    

    

    

    

    

    

    

     

    
      
        
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        3exhibit10-18.htm

    
      

    

    EXHIBIT
10.18

     

    CONFIDENTIAL SEVERANCE AND
RELEASE AGREEMENT

     

    THIS SEVERANCE AND RELEASE
AGREEMENT (“Severance Agreement”) is made by and between Robert William Jewett
(hereinafter “JEWETT”) and Hooper Holmes, Inc., a New
York corporation, having its principal place of business at 170 Mt. Airy Road,
Basking Ridge, NJ 07920  (“HOOPER”):

     

    RECITALS

               WHEREAS, for purposes of this
Severance Agreement, “HOOPER” means HOOPER HOLMES, INC., and each and all of its
present and former parent and subsidiary corporations, departments, divisions,
affiliates, representatives and agents, employees, directors, officers,
attorneys, current or former board members and administrators, whether in their
official or individual capacities, or any pension or benefit plan applicable to
the present and former employees of HOOPER, and all predecessors, and/or
successors in interest; and

               WHEREAS, as a result of
JEWETT’s separation of employment with HOOPER, and to fully and finally resolve
any and all issues concerning JEWETT’s employment relationship with HOOPER, from
the beginning of time up to the date of this Severance Agreement, HOOPER and
JEWETT have decided to enter into this Severance Agreement.

    NOW, IN CONSIDERATION of the
payments to JEWETT provided for herein, and other good and valuable
consideration, the receipt and sufficiency of which the parties acknowledge, and
the mutual promises and covenants contained herein, the parties agree as
follows:

    1. Resignation as Senior Vice
President, General Counsel and Corporate Secretary/Separation of
Employment.  HOOPER and JEWETT agree that JEWETT resigned as an
officer of HOOPER effective May 4, 2007 (“Resignation
Date”).  HOOPER and JEWETT further agree that he will remain an
employee of HOOPER on inactive status beginning on May 5, 2007 and continuing
for eighteen (18) months through November 4, 2008.  JEWETT’s
employment relationship with HOOPER will be terminated on November 4, 2008, upon
his death, or upon the effective date of termination as further described in
Paragraph 1(f) below, whichever event occurs sooner (“Termination
Date”).

    (a) Severance.  As
consideration for JEWETT’s execution of and
compliance with this Severance
Agreement, in addition to those items set forth in subparts (b)-(g) of this
Paragraph, HOOPER agrees to pay to JEWETT eighteen (18) months of pay based upon
an annual rate of $215,000 (“Severance”).  This Severance shall be
subject to all appropriate federal and state withholding, employment taxes and
wage garnishments.  The parties agree that JEWETT will receive this
Severance on the regular pay days for HOOPER employees.  JEWETT will
not be eligible to receive any bonus or other compensation or stock
options.

    (b) Auto.  HOOPER
agrees to pay JEWETT the sum of $16,665 to compensate him for
the loss of his company automobile, within fifteen (15) business days after the
later of (i) the Effective Date (as defined in Paragraph 3 of this Severance
Agreement), and (ii) the date JEWETT returns the automobile to the dealer as
provided in the applicable leasing agreement.

    (c) Reference.  HOOPER
agrees to provide JEWETT with a favorable reference from its current chairman of
the board, Benjamin A. Currier.

    (d) Benefits
Continuation.  As further consideration for JEWETT’s execution
of and compliance with this Severance Agreement, HOOPER will continue to provide
health, dental and life insurance benefits to JEWETT through the Termination
Date.   JEWETT will have the opportunity and responsibility to
elect COBRA continuation coverage after his Termination Date and will thus be
responsible for the execution of the continuation of coverage forms upon
termination of his insurance coverage.   JEWETT acknowledges and
agrees that he is required to immediately contact HOOPER in writing if he
becomes eligible to receive medical benefits through a new employer, if he
obtains medical benefits from another source, or if he otherwise becomes
disqualified for medical benefits or COBRA from HOOPER.  Further,
HOOPER reserves the
right to amend, modify or terminate its benefit coverages at any time at the
sole discretion of HOOPER, provided that any such amendment, modification or
termination of such benefit coverages are not made solely to deny JEWETT or his
dependents coverage thereunder. 

     (e)           401(k).  HOOPER agrees
that JEWETT shall have the right to continue contributions to HOOPER’s 401(k)
plan through the Termination Date.  HOOPER reserves the right
to amend, modify or terminate its 401(k) plan at any time at the sole discretion
of HOOPER, provided that any such amendment, modification or termination of such
plan is are not made solely to deny JEWETT the benefit thereof.

    (f)Termination
Right.  JEWETT
shall have the right to terminate his inactive employment at any time after
January 1, 2008, upon fifteen calendar days written notice to HOOPER (to the
attention of Richard D’Alesandro, Sr. Vice President, Administrative Services
Group) in which case HOOPER shall pay to JEWETT a lump sum equal to the balance
of the salary continuation payments owing to JEWETT from the effective date of
termination through November 4, 2008.  The “effective date of
termination” shall be the first regular payroll date following HOOPER’s receipt
of JEWETT’s termination notice on which HOOPER can make the aforementioned lump
sum payment, taking into account HOOPER’s standard payroll
practices.  For the avoidance of doubt, JEWETT’S participation in the
employee benefit plans described in Paragraphs 1(d) and (e) shall cease on the
effective date of termination.

    (g)           Payments to Jewett’s
Wife/Estate.  If the Termination Date occurs prior to November
4, 2008 due to JEWETT’S death, HOOPER shall make the payments described in
Paragraphs 1(a) and (b) to JEWETT’s widow or to JEWETT’s estate if JEWETT’s wife
predeceases him.  For the avoidance of doubt, JEWETT’S widow or
estate, as the case may be, shall have the right to elect to receive the lump
sum payment, in accordance with Paragraph 1(f).

    (h)           Sufficiency of
Consideration; No Admission of Liability.  The parties agree
that the consideration paid to JEWETT is good and sufficient consideration for
this Severance Agreement.  The parties further agree that these
amounts are greater than what JEWETT is entitled to receive from HOOPER under
HOOPER’s policies and applicable law.  JEWETT acknowledges that
neither this Severance Agreement, nor payment of any consideration pursuant to
this Severance Agreement, shall be taken or construed to be an admission or
concession of any kind with respect to alleged liability or alleged wrongdoing
by HOOPER.

    2. (a)  General and Specific Release
and Waiver of Claims by JEWETT.  JEWETT, in consideration of
the promises and covenants made by HOOPER in this Severance Agreement, hereby
knowingly and voluntarily compromises, settles and releases and forever
discharges HOOPER, its present and former parent, subsidiaries, divisions,
affiliates, agents, employees, directors, officers, predecessors, successors,
and assigns from any and all actions, causes of action, suits, claims, charges
or complaints, known or unknown, which JEWETT has, may have, or claim to have,
for everything and anything that has occurred from the beginning of time through
the date of this Severance Agreement, including all of JEWETT’s asserted claims,
if any.

    JEWETT acknowledges that the above
general and specific releases include, but are not limited to, claims arising
under federal, state, and local laws prohibiting employment discrimination,
whistleblowing or retaliation, claims arising under the common law, including
but not limited to, claims for breach of contract, promissory estoppel,
negligent or intentional infliction of emotional distress and defamation, and
any other claims arising in any way from JEWETT’s employment and cessation of
employment, and any conduct by  HOOPER, and its present and former
subsidiaries, divisions, affiliates, agents, employees, directors, officers,
predecessors, successors, and assigns from the beginning of time through the
date of this Severance Agreement.

    By way of specification, but not of
limitation, JEWETT hereby expressly waives and releases any and all claims or
rights arising under Title VII of the Civil Rights Act of 1964, as amended, 42
U.S.C. §§ 2000e, et
seq., Section 1981 of the Civil Rights Act of 1866, as amended, 42 U.S.C.
§§ 1981, the New Jersey Law Against Discrimination, N.J.S.A. 10:5-1 et seq., the New Jersey
Conscientious Employee Protection Act, N.J.S.A. 34:19-1, et seq., the New Jersey Wage
and Hour laws N.J.S.A. 34:11-56a, et seq., and the New Jersey
Family Leave Act, N.J.S.A. 34:11B-1, et seq., the Age
Discrimination in Employment Act of 1967, 29 U.S.C. § 626, et seq., the Americans with
Disabilities Act, 43 U.S.C. § 12101 et seq., the Family and
Medical Leave Act, 29 U.S.C. §2601 et seq., the Employee
Retirement Income Security Act 29 U.S.C. § 1001 et seq., the Sarbanes-Oxley
Act of 2002, 18 U.S.C. § 1514A,  any and all claims under New Jersey
law, Pennsylvania law, and any and all claims for compensatory and punitive
damages and attorneys' fees, costs or other expenses incurred by JEWETT’s
attorneys in pursuit of any claim by JEWETT.

    (b)           General Release and Waiver
of Claims by HOOPER.  HOOPER, in consideration of the promises
and covenants made by JEWETT in this Severance Agreement, hereby knowingly and
voluntarily compromises, settles and releases and forever discharges JEWETT from
any and all actions, causes of action, suits, claims, charges or complaints,
known or unknown, which HOOPER has, may have or claim to have, for everything or
anything that has occurred from the beginning of time through the date of this
Severance Agreement.

    3. Consideration and Revocation
Periods; Effective Date.  JEWETT understands that the ADEA
requires HOOPER to provide JEWETT with at least twenty-one (21) calendar days to
consider this Severance Agreement (“Consideration Period”) prior to its
execution.  JEWETT also understands that he is entitled to revoke this
Severance Agreement at any time during the seven (7) days following JEWETT’s
execution of this Severance Agreement (“Revocation Period”) by notifying HOOPER
(to the attention of Richard D’Alesandro, Sr. Vice President, Administrative
Services Group) in writing of his revocation.  This Severance
Agreement shall become effective on the day after the seven-day Revocation
Period has expired unless timely notice of JEWETT’s revocation has been
delivered to HOOPER (the “Effective Date”).

    4. Return of Company
Property.  JEWETT acknowledges that he has returned to HOOPER
any and all documents, keys, records and all other tangible things which are the
property of HOOPER.

    5. Cooperation.  Upon
invoking the rights and benefits provided for in this Severance Agreement,
JEWETT agrees to make himself available to HOOPER, to the extent necessary, to
transition his successor, for a period of up to ninety (90) days following the
Effective Date, as defined in Section 3 hereof.  In addition, JEWETT
agrees to cooperate with HOOPER during the period he is an inactive employee
with respect to any litigation in which he has relevant knowledge.

    6. Confidential
Information.  JEWETT represents that he has held confidential
all non-public lists of customers, prices, business plans, strategic plans, and
other non-public financial information and other confidential or proprietary
information of HOOPER and shall continue to do so and that he shall not use or
disclose any such information in any manner, either directly or indirectly, for
JEWETT's own benefit or for the benefit of any other person or other entity
without the prior written consent of HOOPER, and the granting of such consent
shall remain in the sole discretion of HOOPER.  JEWETT shall return to
HOOPER, to the extent he has not done so already, and shall not take or copy in
any form or manner, any lists of customers, prices, business plans, strategic
plans and other non-public financial information and other confidential and
proprietary information of HOOPER in his possession.  JEWETT and his
counsel further agree that they will notify HOOPER’s General Counsel in writing
within five (5) calendar days of the receipt of any subpoena, court order,
administrative order or other legal process requiring disclosure of information
subject to this confidential information provision so that HOOPER may seek an
appropriate protective order or other appropriate remedy or waive compliance
with the provisions hereof.  JEWETT shall reasonably cooperate with HOOPER
to obtain such a protective order or other remedy.  If such order or
other remedy is not obtained prior to the time JEWETT is required to make the
disclosure, or HOOPER waives compliance with the provisions hereof, JEWETT shall
disclose only that portion of the confidential or proprietary information which
he is advised by counsel that he is legally required to so
disclose.  The provisions of this Paragraph are necessary for the
protection of the business and goodwill of HOOPER and are considered by HOOPER
to be reasonable for such purpose. JEWETT agrees that any breach of any of the
terms of this Paragraph may cause HOOPER substantial and irreparable damages
and, therefore, in the event of any such breach, in addition to other remedies
which may be available HOOPER shall have the right to seek specific performance
and other injunctive and equitable relief, and JEWETT agrees not to oppose the
granting of such injunctive and equitable relief on the basis that HOOPER has an
adequate remedy at law. 

    7. Confidentiality.  JEWETT
acknowledges and understands that the confidentiality of this Severance
Agreement is of the utmost concern to HOOPER and that HOOPER would not have
entered into this Agreement without his promise to keep this Severance Agreement
confidential.  Accordingly, JEWETT agrees that the existence and terms
and conditions of this Severance Agreement shall remain confidential, and JEWETT
and his representatives hereby represent, promise and agree that they have not
disclosed and will not disclose the terms of this Severance Agreement to any
person other than JEWETT’s (1) accountant, (2) attorneys, or (3) any tax
professional to whom such disclosure is necessary for the preparation of
JEWETT’s income tax returns, (4) spouse, or (5) the Internal Revenue Service,
unless such disclosure is (i) lawfully required by specific directive of a
government agency; (ii) otherwise required to be disclosed by law (such as
legally required financial reporting), order of a court of competent
jurisdiction and/or subpoena; or (iii) necessary in any legal proceeding between
the parties in order to enforce any provision of this Agreement.  If
JEWETT discusses matters covered by this Paragraph with his spouse, legal
counsel or financial advisor pursuant to the exception contained herein and any
such person then publicizes any such matter, it shall be treated as if JEWETT
himself made the publication.  JEWETT hereby agrees that his
intentional disclosure of the existence or terms shall be a material breach of
this Agreement and that the provisions of this Paragraph are necessary for the
protection of the business and goodwill of HOOPER and are considered by HOOPER
to be reasonable for such purpose.  JEWETT agrees that any breach of
any of the terms of this Paragraph may cause HOOPER substantial and irreparable
damages and, therefore, in the event of any such breach, in addition to other
remedies which may be available, HOOPER shall have the right to seek
specific performance and other injunctive and equitable relief.  
JEWETT further agrees that he will notify HOOPER’s General Counsel in writing
within five (5) calendar days of the receipt of any subpoena, court order,
administrative order or other legal process requiring disclosure of information
subject to this confidentiality provision.  JEWETT and his counsel
agree and represent that their only comment with regard to either JEWETT’s
asserted claims or the fact or terms of this settlement shall be: “The parties
have resolved their differences.”

    8. No
Disparagement.  JEWETT hereby agrees and promises that he will
not at any time after the execution of this Agreement intentionally make,
publish or cause to be made or published, any false or disparaging statements or
comments which in any way relate to, refer to or concern HOOPER, or any of its
employees, officers or directors.  JEWETT hereby agrees that if he
intentionally makes, publishes, or causes such false or disparaging statements
or comments to be made or published, then such intentional disparagement shall
be a material breach of this Agreement.   The provisions of this
Paragraph are necessary for the protection of the business and goodwill of
HOOPER and are considered by HOOPER to be reasonable for such
purpose.  HOOPER agrees that any intentional breach of any of the
terms of this Paragraph may cause HOOPER substantial and irreparable damages
and, therefore, in the event of any such breach, in addition to other remedies
which may be available, HOOPER shall have the right to seek specific
performance and other injunctive and equitable relief. 

    9. Representation by
Attorney.  JEWETT acknowledges that JEWETT has carefully read
this Severance Agreement; that JEWETT understands its final and binding effect;
that JEWETT has been given the opportunity to be represented by independent
counsel in negotiating and executing this Severance Agreement and that JEWETT
has been advised by counsel regarding the terms and effect of this Severance
Agreement at the time he executed the Settlement and Release Agreement
referenced above and has had the subsequent opportunity to do so since that
time; and that JEWETT understands the provisions of this Severance Agreement and
knowingly and voluntarily agrees to be bound by them.

    10. No Reliance Upon
Representations.  JEWETT hereby represents and acknowledges
that in executing this Severance Agreement, JEWETT does not rely and has not
relied upon any representation or statement made by HOOPER or by any of HOOPER’s
past or present agents, representatives or attorneys with regard to the subject
matter, basis or effect of this Severance Agreement other than as set forth in
this Severance Agreement.

    11. Entire
Agreement.  This Severance Agreement shall contain the entire
agreement between the parties, and fully supersedes any prior agreements or
understandings between the parties.  The parties agree that they shall
have not any obligations with regard to each other or the subject matter of this
Severance Agreement except as expressly stated herein.  This Severance
Agreement shall not be modified except in writing signed by the party to be
bound.

    12. Severability.  If
a court finds any provision of this Severance Agreement void, invalid or
unenforceable as applied to any circumstance, the remainder of this Severance
Agreement and the application of such provision shall be interpreted so as best
to effect the intent of the parties hereto.  The parties further agree
to replace any such void, invalid or unenforceable provision of this Severance
Agreement with a valid and enforceable provision that will achieve, to the
extent possible, the economic, business, or other purposes of the void or
unenforceable provision.

    13. Miscellaneous.  JEWETT
agrees not to apply for employment with HOOPER.

    14. Governing
Law.  This Agreement shall be governed by the laws of the State
of New Jersey without giving effect to any conflicts of law
principles.  The parties also agree that the state and federal courts
in the State of New Jersey shall have exclusive jurisdiction and venue over the
subject matter hereof.

    HOOPER
HOLMES, INC.

    

    

    Date:                                                      By:

    Name:                      William
F. Kracklauer

    
      	
               
      

            	
              Title:

            	
              Sr.
      Vice President, General Counsel & Corporate
  Secretary

            

    

    

    

    Date:                                                      ACCEPTED AND
AGREED:

    

    

    

    Robert William Jewett

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00138-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00138-of-00352.parquet"}]]