Document:

Full and Complete Release of Liability between the Company and Gregory D. Waller

 EXHIBIT 10.1 
  
 FULL AND COMPLETE RELEASE OF LIABILITY (the “Release”) 
  
 I, Gregory D. Waller, for good and adequate consideration consisting of an agreement by
Sybron Dental Specialties, Inc. to provide me with the payments and benefits described in paragraph 6 of the Termination Agreement (as amended by the 1st and 2nd Amendments to the Termination Agreement) between me and
Sybron Dental Specialties, Inc. dated November 16, 2004, a copy of which is attached hereto, IRREVOCABLY WAIVE, RELEASE AND RELINQUISH (i) ANY AND ALL RIGHTS, CLAIMS AND CAUSES OF ACTION, which I have presently or may have in the
future, as a result of any act, omission or event occurring prior to the date I sign this Release, whether known to me at this time or not, against Sybron Dental Specialties, Inc. and its shareholders, officers, directors, successors, predecessors,
assigns, affiliates, agents and employees, either past, present or future (hereinafter collectively referred to as the “Releasees”); and (ii) any claims, demands or causes of action against any of the Releasees, whether individually or
collectively, for any amounts, benefits or any other obligations owed to me by the any of the Releasees as a result of, on account of or arising out of the Executive Employment Agreement dated November 4, 2002 entered into by and between the Company
and me. 
  
 The rights, claims and causes of action waived,
released and relinquished include but are not limited to: all claims for wages that have been paid, non-vested salaries, benefits, sick pay, accrued vacation pay, termination pay, severance pay; all rights, causes of action and claims which arise
out of the employer/employee relationship whether expressed or implied by operation of law that exist because of my employment with any of the Releasees; and ALL claims and causes of action for any type of discrimination prohibited under the
Federal Laws of either the United States or any State Law in the United States* (except for any rights which I may have with respect to a deferred vested pension or savings and thrift plan). 
  
 This Release does not extend to rights, claims or causes of action for age
discrimination that arise out of acts, events or omissions that occur after the date this Release is signed. This Release does not apply to any claim for vested retirement benefits nor any claim to the state of California for unemployment benefits.

  
 In granting the above release, I acknowledge that the
Releasees are not, in any manner, admitting liability to me on any basis or under any law. 
  
 In signing this Release, I intend to and do hereby waive any rights I may have under the provisions of Section 1542 of the Civil Code of California, which reads as follows: 
  
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW
OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. 
  
 I hereby acknowledge my understanding that for purposes of this Release, the terms “creditor,” “his” and “him,” as used and
referred to in the above-quoted language of Section 1542 refers to me. The term “debtor,” as used and referred to in the above-quoted language of Section 1542 refers to the Releasees. 
  
 In signing this Release I understand that I am acknowledging that (i) I have
read this Release and understand its terms; (ii) I am entering into this Release of my own free will and free from duress or undue influence; (iii) I was given twenty-one (21) days to review the Release, to consider whether to sign it and to consult
with a lawyer of my choosing to explain the extent to which this Release bars all claims and causes 

 of action against the Releasees; and (iv) I understand I can revoke or cancel this Release at any time within seven (7)
days of the date I sign and date this Release, provided I give notice of the revocation to the Vice-President of Human Resources of Sybron Dental Specialties, Inc. at 1717 West Collins Avenue, Orange, CA 92867 within the seven (7) day revocation
period. 
  
 IF THIS FULL AND COMPLETE RELEASE OF LIABILITY IS
NOT REVOKED OR CANCELED WITHIN SEVEN DAYS OF THE DATE IT IS SIGNED, IT SHALL BECOME FINAL AND BINDING. 
  
 Dated: May 12, 2005 
  

			
	 /s/ Stephen J. Tomassi

	 	 /s/ Gregory D. Waller

	 Witness
	 	 Gregory D. Waller

  

	*	A representative listing of the type of claims, rights and causes of action being waived, relinquished and released hereunder is attached as Exhibit 1. This is not intended to be an
exhaustive list but rather a representative listing of the type of claims, rights and the causes of action being waived, relinquished and released. 

  

 Page 2 of 2 

 EXHIBIT 1 
  

REPRESENTATIVE LISTING 
 OF THE

 CLAIMS, RIGHTS AND CAUSES OF ACTION RELEASED 
  
 The list set forth below is a representative sample of the types of claims, rights and causes of action being waived,
relinquished and released hereunder. It is not intended to be a complete list. 
  
 Federal Law: 
  
 Any and all rights,
claims or causes of action based upon, arising out of or on account of, in whole or in part, Title VII of the Civil Rights Act of 1964 and 1991 (race, color, religion, national origin or sex); the Age Discrimination in Employment Act of 1967 (age);
the Older Workers Benefits Protection Act (age); the Vocational Rehabilitation Act of 1973 (handicapped); 42 U.S.C. sec. 1981, 1986 and 1988 (race); the Employee Retirement Income Security Act (ERISA pension and employee benefits); the Equal Pay Act
of 1963 (prohibits pay differentials based on sex); the Immigration Reform and Control Act of 1986; Executive Order 11246 (race, color, religion, sex or national origin); Executive Order 11141 (age); Vietnam Era Veterans Readjustment Assistance Act
of 1974 (Vietnam era veterans and disabled veterans); sec. 301 of the Labor Management Relations Act, 29 U.S.C. Sec. 185 et seq. (suits for breach of the Collective Bargaining Agreement); the Fair Labor Standards Act (minimum wage and
overtime pay); the Labor Management Relations Act (rights protected by the National Labor Relations Board); the Occupational Safety and Health Act (safety matters); the Family and Medical Leave Act of 1993; the American Disabilities Act; the
Sarbanes-Oxley Act of 2002; and Federal Common Law. 
  
 State Law:

  
 Any and all rights, claims or causes of action based upon,
arising out of or on account of, in whole or in part, any statutory or common law of any State of the United States, including but not limited to claims under California’s Fair Employment and Housing Act and the California Labor Code; any laws,
regulations or ordinances relating to the employer/employee relationship under any state in the United States; any tort, breach of express or implied employment contracts; wrongful discharge; workers’ compensation; retaliation; tortious
interference with contractual relations; or loss of consortium.Consulting Agreement between the Company and Gregory D. Waller

 EXHIBIT 10.2 
  
 CONSULTING AGREEMENT 
  
 This Consulting Agreement (the “Consulting Agreement”) is made, effective the 12th day of May 2005, by and between Sybron Dental Specialties,
Inc. (“SDS”), a Delaware corporation, with its principal place of business at 1717 W. Collins Ave, Orange, CA 92867 and Gregory D. Waller (“Waller “), an individual resident of the State of California. 
  
 Recitals 
  
 Waller recently relinquished his position with SDS as its Vice-President Finance, Chief Financial Officer and Treasurer.

  
 Waller possesses a significant amount of knowledge regarding
the Company’s operations as a result of his long tenure with the Company. 
  
 It is the desire of the Company to retain Waller’s services, as a consultant, for a period of one year, to provide the Company, from time to time, with such assistance as may be needed to ensure a more complete
transfer of his knowledge to his successor. 
  
 Waller is willing
to make himself available to provide the Company with the consulting services it desires. 
  
 Agreements 
  
 In
consideration of the mutual covenants herein contained, the parties, intending to be legally bound, agree as follows: 
  
 1. Services 
  
 Waller shall, when requested by SDS, consult with SDS regarding those matters for which he was responsible while he was employed by SDS as its
Vice-President Finance, Chief Financial Officer and Treasurer and such other matters regarding the operation of the business of SDS and its subsidiaries about which Waller has knowledge (the foregoing hereinafter are referred to as the
“Services”). 
  
 Waller shall not be required to expend
more than fifteen (15) hours in any month in providing the Services. 
  
 2. Payment 
  
 SDS shall
pay Waller twelve thousand five hundred dollars ($12,500) per month during the term of this Consulting Agreement. The payments shall be made on or about the first day of each calendar month during the term of this Consulting Agreement. 

 
 3. Expense Reimbursement 
  
 SDS shall reimburse Waller, upon the submission of properly-documented
expense account reports, for all reasonable travel, entertainment and other business-related expenses incurred by Waller in the course of providing the Services. 

 4. Professional Services 
  
 Waller shall perform the Services with the care, skill, and diligence, in
accordance with the applicable professional standards currently recognized by his profession. Waller shall comply with all applicable federal, state, and local laws, ordinances, codes, and regulations in performing the Services. 
  
 6. Term and Termination 
  
 This Consulting Agreement shall become effective as the effective date
stated above and shall expire one year after the effective date, unless earlier terminated in accordance with the following paragraph. 
  
 Company may terminate this Consulting Agreement by sending notice of termination in writing to Waller in the event that Waller commits any breach of or
default in any of the terms or conditions of this Consulting Agreement, and fails to remedy such default or breach within thirty (30) days after receipt of written notice thereof from SDS; the termination shall be effective as of the date of the
receipt by Waller of the notice. 
  
 No termination of this
Consulting Agreement, however effectuated, shall release the parties from any rights and obligations accrued prior to the effective date of termination of this Consulting Agreement. 
  
 7. Independent Contractor 
  
 Nothing contained in this Consulting Agreement shall cause Waller to be considered an employee, agent, legal representative,
partner or joint representative of SDS. Waller shall be considered, for all purposes, an independent contractor, and will not, directly or indirectly, act as an agent, servant or employee of SDS, and does not have any authority to bind the SDS in
any respect. 
  
 8. Confidential
Information 
  
 Waller agrees not to use or disclose to
anyone, other than employees of SDS and its subsidiaries, during the term of this Consulting Agreement and thereafter, any Confidential Information (as hereinafter defined). For purposes of this Consulting Agreement, “Confidential
Information” is (i) information contained in any materials delivered to Waller pursuant to this Consulting Agreement; and (ii) information which relates to SDS’s business affairs or that of any of its affiliates. 
  
 9. Amendment 
  
 This Consulting Agreement may be modified, amended or supplemented only by a
writing signed by an authorized executive officer of SDS and Waller. 
  
 10. Assignment and Successors 
  
 Waller shall not assign this Consulting Agreement whether by operation of law or otherwise in part or in full. This Consulting Agreement shall be binding among the parties hereto and their successors and assigns. 
  
 11. Entire Agreement 
  
 This Consulting Agreement constitutes the entire agreement between SDS and
Waller with respect to the consulting arrangement (it does not amend, replace or affect the operation of the Full and Complete Release of Liability between the parties dated May 13, 2005 or the Termination Agreement 
  

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 between the parties dated November 16, 2004 and amended on December 27, 2004 and March 31, 2005) and no representation or
statement not contained in this Consulting Agreement shall be binding upon Waller or SDS. 
  
 IN WITNESS WHEREOF, and intending to be legally bound, the parties have executed this Consulting Agreement below. 
  

					
	SYBRON DENTAL SPECIALTIES, INC.	 	 
			
	 By:
	 	 /s/ Stephen J. Tomassi

	 	 /s/ Gregory D. Waller

	 Title:
	 	 Vice President, General Counsel
& Secretary
	 	 Gregory D. Waller

  

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