Document:

Exhibit 10.25

 

CONFIDENTIAL SEPARATION AGREEMENT
AND GENERAL RELEASE

 

This Confidential Separation
Agreement and General Release (this “Agreement”) is made and entered into between Sajan, Inc. 625 Whitetail Blvd, River
Falls, WI 54022 (“Sajan”) and Paul Rome (“Employee”) and is effective upon Employee’s signature.

 

RECITALS

 

		A.	Sajan has determined that Employee’s employment with Sajan will end as the result of a reduction
in force; and

 

		B.	This Agreement confirms the understandings between Employee and Sajan concerning their rights and
obligations in connection with Employee’s separation from employment with Sajan.

 

NOW THEREFORE, in consideration
of the mutual promises and provisions contained in this Agreement and the General Release of Claims referred to below, the parties,
intending to be legally bound, agree as follows:

 

AGREEMENT

1.            Last Day
of Employment. Employee’s last day of employment with Sajan is November 9, 2016 (the “Separation Date”).
Employee will receive Employee’s final regular pay through November 10, 2016 and the balance of Employee’s unused accrued
Paid Time Off (“PTO”) and remaining floating holiday hours through the Separation Date without regard to whether Employee
signs this Agreement. These payments shall be directly deposited in Employee’s designated bank account.

 

2.            Consideration.
In consideration for signing this Agreement and compliance with the promises it contains, Sajan agrees to provide the following
payments to Employee:

 

		a.	Severance Pay. Sajan will pay Employee Severance Pay of forty three thousand seven hundred
and fifty dollars ($43,750.00), less applicable withholdings and deductions. This amount is three months of Employee’s current
pay. The Severance Pay will be paid to Employee in one lump sum, 14 days after the Employee signs and returns this agreement. The
payment will be made via check and mailed to the Employee’s home address on file with the company.

 

		b.	Continuation of Health Benefits. Employee’s current health care coverage shall continue
through November 30, 2016.

 

Whether or not Employee signs this Agreement,
the COBRA period for continuation of Employee’s insurance coverage under Sajan’s group plans will begin on December
1, 2016 if Employee timely elects coverage. Employee will receive information concerning rights to continue coverage under COBRA
in a separate communication.

 

     

     

    

 

The Severance Pay and the benefits described
above will only be made if Employee signs this Agreement in a timely fashion, abides by all of its terms, and does not exercise
the right of rescission described in Section 7.

 

3.            No Payment
Without This Agreement. Employee understands and agrees that Employee would not receive the payment and benefits specified
in Section 2 above, except by signing this Agreement and fulfilling all of the promises it contains.

 

4.            Definitions.
All words used in this Agreement are intended to have their plain meanings in ordinary English. Specific terms in this Agreement
have the following meanings:

 

		a.	“Employee” includes both Employee and anyone who has or obtains any legal rights or
claims through Employee.

 

		b.	“Sajan, Inc.” and “Sajan” mean Sajan, Inc., its parents, subsidiaries,
successors, and assigns, its affiliated and predecessor companies, their successors and assigns, their affiliated and predecessor
companies and the present or former officers, administrators, employees, and agents of them, whether in their individual or official
capacities, the board of directors, any pension or other benefit plan applicable to the employees or former employees of Sajan,
Inc. in their official and individual capacities.

 

5.            General
Release of Claims. Employee knowingly and voluntarily releases and forever discharges Sajan of and from any and all claims,
known and unknown, asserted and unasserted, Employee has or may have against Sajan as of the date that Employee signs this Agreement
including, but not limited to:

 

		a.	All claims arising out of or relating to Employee’s employment with Sajan and Employee’s
separation from employment; and

 

		b.	All claims arising out of or relating to statements, actions, or alleged omissions of Sajan; and

 

		c.	All claims for any alleged unlawful discrimination, harassment, retaliation or reprisal or any
other alleged unlawful practices arising under any federal, state, or local statute, ordinance, or regulation, including without
limitation, claims under the U.S. Constitution, Title VII of the Civil Rights Act of 1964, as amended; the Americans with Disabilities
Act; 42 U.S.C. sec. 1981; the Employee Retirement Income Security Act of 1974; the Family and Medical Leave Act; the Equal Pay
Act; the Immigration Reform and Control Act; the Worker Adjustment and Retraining Notification Act; the Fair Credit Reporting Act;
state and local human rights acts; workers’ compensation non-interference and non-retaliation statutes; the Wisconsin Constitution;
the Wisconsin Fair Employment Act; the Wisconsin Family and Medical Leave Law; and

 

		d.	All claims for alleged wrongful discharge; breach of contract; breach of implied contract; breach
of a covenant of good faith and fair dealing; breach of fiduciary duty; estoppel; Employee’s activities, if any, as a “whistleblower;”
defamation; infliction of emotional distress; fraud; misrepresentation; negligence; harassment; retaliation or reprisal; constructive
discharge; assault; battery; false imprisonment; invasions of privacy; interference with contractual or business relationships;
any other wrongful employment practices or violation of any common law; and

 

    	 	- 2 -	 

     

    

 

		e.	All claims for compensation of any kind, including without limitation, bonuses, commissions, vacation
pay, and expense reimbursements; and

 

		f.	All claims for back pay, front pay, reinstatement, other equitable relief, compensatory damages,
damages for alleged personal injury, liquidated damages, and punitive damages; and

 

		g.	All claims for attorney’s fees, costs and interest; and

 

		h.	All claims for any alleged unlawful discrimination, harassment, retaliation or reprisal or any
other alleged unlawful practices arising under the Age Discrimination in Employment Act, as amended by the Older Workers Benefit
Protection Act, 29 U.S.C. §§ 621-634.

 

However, by signing this Agreement, Employee
does not waive any claims that the law does not allow Employee to waive in a private agreement such as this Agreement, including,
but not limited to, (i) the right to seek compensation under applicable workers’ compensation and unemployment compensation
laws, (ii) the right to file a charge of discrimination, harassment, or retaliation with a governmental agency (although Employee
agrees that Employee will not be able to recover any award of money or damages if Employee files such a charge or a charge is filed
on Employee’s behalf), or to testify, assist, or participate in an investigation, hearing, or proceeding conducted by such
an agency, (iii) any vested interest Employee may have in any 401(k), pension or profit sharing plan by virtue of Employee’s
employment with Sajan, (iv) any claims that may arise after the date on which Employee signs this Agreement, (v) the right to take
legal action to enforce the terms of this Agreement, (vi) the right to file a charge or complaint with the Securities and Exchange
Commission (“SEC”) or receive an award for information provided to the SEC, (vii) any rights Employee has under COBRA,
or (viii) rights under Sajan’s Incentive Stock Option program. If Employee brings any claim against Sajan, Employee agrees
that Employee will immediately return all payments made to or on behalf of Employee under Section 2 of this Agreement, except as
may otherwise be required by law. Employee further agrees that the Severance Pay and other benefits provided under Section 2 of
this Agreement may be offset against any payments and/or benefits that Sajan is ordered by a court or administrative agency to
make to Employee to the full extent permitted by law.

 

6.            Advice
to Consult Attorney and Forty-Five-Day Consideration Period. Employee is specifically advised that Employee has forty-five
(45) calendar days to consider the terms of this Agreement. Employee is advised to consult an attorney before signing this Agreement.
Employee agrees that the date on which Employee received this Agreement is accurately stated in Section 18 of this Agreement.
The offer contained in this Agreement will remain open for the full forty-five (45) day period and will be automatically withdrawn
without further notice if Employee has not provided the signed Agreement by 5:00 p.m. on December 26, 2016. Employee may voluntarily
sign the Agreement at any time during the forty-five (45) day period.

 

    	 	- 3 -	 

     

    

 

7.            Right to Rescind.
Employee understands that Employee may rescind the release of claims arising under the Age Discrimination in Employment Act. Employee
must do so within seven (7) calendar days of signing this Agreement. No payment will be made under this Agreement until the applicable
rescission period and a three (3) day mailing period has ended. To be effective, Employee’s rescission must be in writing
and delivered to Nicole Butz, Director of Human Resources, either by hand or by mail within the relevant rescission period. If
sent by mail the rescission must be: (a) postmarked within the applicable rescission period; and (b) properly addressed to Nicole
Butz, Director of Human Resources, Sajan, Inc., 625 Whitetail Blvd., River Falls, WI 54022; and (c) sent by certified mail, return
receipt requested. If Employee rescinds, Employee will not receive any of the payments or benefits described in Section 2 of this
Agreement.

 

8.            Affirmations.
Employee affirms that:

 

		a.	Employee has not filed, caused to be filed, or is presently a party to any claim, complaint, or
action against Sajan in any forum or form and that Employee has not filed for bankruptcy or transferred any rights Employee may
have against Sajan to anyone else.

 

		b.	Employee has been paid and/or has received all paid and
unpaid leave, compensation, wages, bonuses, commissions, and/or benefits to which Employee may be entitled and that no other paid
or unpaid leave, compensation, wages, bonuses, commissions and/or benefits are due to Employee, except as provided in this
Agreement.

 

		c.	Employee has no known workplace injuries or occupational diseases and has been provided with and/or
has not been denied any leave requested under the Family and Medical Leave Act and all applicable laws, regulations, contracts,
policies and/or practices of Sajan.

 

		d.	Employee has been informed in writing as to any class, unit or group of individuals eligible for
Severance Pay and benefits in connection with Sajan’s November 2016 reduction in force, the eligibility factors for receipt
of Severance Pay and benefits, the job titles and ages of all individuals in the same decisional unit who are eligible for Severance
Pay and benefits as a result of the November 2016 reduction in force and those who are not eligible to receive Severance Pay and
benefits, the eligibility requirements, and the applicable time limits, all of which are contained in the attached Exhibits A,
B, C, and D.

 

		e.	Employee understands that notwithstanding any other provision of this Agreement, Employee’s
obligations under the Confidentiality and Noncompete Agreement of June 8th, 2015 attached hereto as Exhibit E and incorporated
by reference, including but not limited to its confidentiality, invention assignment, and non-competition obligations, survive
Employee’s separation from employment with Sajan and agrees that Employee remains bound by them and will comply with them.

 

    	 	- 4 -	 

     

    

 

		f.	The Employee has received a copy of the Sajan Incentive Stock Options Agreement and has been advised
of employee’s rights under the stock option agreement. The Incentive Stock Option agreement is attached hereto as Exhibit
F and incorporated by reference.

 

		g.	Employee has been advised that an individual shall not
be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that is
made in confidence to a Federal, State, or local government official or to an attorney solely for the purpose of reporting or
investigating a suspected violation of law. An individual shall not be held criminally or civilly liable under any Federal or
State trade secret law for the disclosure of a trade secret that is made in a complaint or other document filed in a lawsuit
or other proceeding, if such filing is made under seal. An individual who files a lawsuit for retaliation by an employer for reporting
a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information
in the court proceeding, if the individual files any document containing the trade secret under seal; and does not disclose the
trade secret, except pursuant to court order.

 

9.            Cooperation. Employee
agrees to fully cooperate with any and all legal proceedings at the request of Sajan that in any way relate to Employee’s
employment with Sajan. In the event that any questions arise regarding any information or subject that Employee developed, of which
Employee had knowledge, or with which Employee was otherwise involved during the period of employment with Sajan, Employee will
cooperate with and respond to any request by Sajan for Employee’s advice, opinions, or other responsive information.

 

10.          Non-Disparagement.
Employee agrees not to make or induce any other person to make derogatory or disparaging statements of any kind, oral or written,
regarding Sajan, its employees, agents, products or services, to any person or organization whatsoever. However, this does not
prevent Employee from providing complete and truthful testimony to a court or governmental agency, when required to do so by subpoena,
court order, law, or administrative regulation. Employee agrees that Employee will direct all inquiries from prospective employers
concerning Employee’s work with Sajan only to its Office of Human Resources. Sajan agrees that the only information that
its Office of Human Resources will release to future prospective employers will be Employee’s dates of employment, position
title, and, with a signed authorization from Employee, confirmation of Employee’s compensation.

 

11.          Confidentiality.
Employee agrees to hold the existence and terms of this Agreement in confidence and to tell no one other than Employee’s
legal counsel, tax advisor, and spouse about its contents, unless Employee is required to do so by law. Employee agrees that if
Employee discloses the contents to any person, Employee will first advise the person(s) of the confidentiality of the disclosure
and that such person(s) must agree to maintain the confidentiality of this Agreement as a condition of the disclosure. Confidentiality
is a material term of this Agreement. Without it, Sajan would not agree to enter into this Agreement with Employee.

 

    	 	- 5 -	 

     

    

 

12.          Return
of Property and Non-Disclosure of Confidential Information. Employee represents that Employee has returned to Sajan all
documents, reports, files, memoranda, records, keys and pass cards, software and other physical or personal property that Employee
has received or prepared or helped to prepare in connection with Employee’s employment that are in Employee’s possession
or subject to Employee’s control, and Employee further agrees not to retain any copies, duplications, reproductions or excerpts
thereof. Employee also agrees that all documents and other materials relating to the business of or services provided by Sajan
are the sole property of Sajan.

 

Employee also agrees that Employee has
had access in Employee’s employment with Sajan to confidential and proprietary information of Sajan and further acknowledges
and agrees that the release or disclosure of any confidential or proprietary information of Sajan may cause Sajan irreparable injury.
Employee further acknowledges that Employee has not used or disclosed, and agrees that Employee will not at any time use or disclose,
to any other entity or person, directly or indirectly, any confidential or proprietary information of Sajan. For purposes of this
Agreement, the term “confidential or proprietary information” includes, but is not limited to, client lists, vendor
lists and information pertaining to client and vendor lists; personnel information; contact lists; and information about the personal
or business affairs of Sajan, its clients, vendors, employees, directors, and officers.

 

13.          Code Section 409A.
It is intended that any amounts payable under this Agreement will be exempt from or comply with the applicable requirements, if
any, of Section 409A of the Internal Revenue Code of 1986, as amended, and the notices, regulations and other guidance of general
applicability issued thereunder (“Code Section 409A”), and this Agreement will be interpreted in a manner that will
preclude the imposition of additional taxes and interest imposed under Code Section 409A. In all cases, for purposes of compliance
with Code Section 409A, “termination of employment” will have the same meaning as “separation from service”
as defined in Code Section 409A. In no event whatsoever will Sajan be liable for any additional tax, interest, or penalty that
may be imposed on you by Code Section 409A or damages for failing to comply with Code Section 409A.

 

14.          Governing
Law and Interpretation. This Agreement shall be governed by and interpreted in accordance with the laws of Wisconsin.
In the event Employee or Sajan breaches any provision of this Agreement, either Employee or Sajan may institute an action in state
or federal court only in Wisconsin to enforce any term or terms of this Agreement and/or to recover damages for its breach. Should
any provision of this Agreement be declared illegal or unenforceable by any court of competent jurisdiction, the parties agree
that the court may revise the Agreement so that it is enforceable to the fullest extent permitted by law. If any portion of the
General Release of Claims contained in Section 5 cannot be enforced, the remaining provisions of this Agreement shall be voidable
at Sajan’s option and Employee agrees to repay the sums Employee received in exchange for the release of claims described
in Section 5 to the full extent permitted by applicable law. If any provision of this Agreement, other than any provision of the
General Release of Claims set forth in Section 5, cannot be enforced, all other provisions of the Agreement shall remain in full
force and effect.

 

    	 	- 6 -	 

     

    

 

15.          No
Admission of Wrongdoing. The parties agree that neither this Agreement nor the furnishing of the consideration for this
Agreement shall be deemed or construed at any time for any purpose as an admission by Sajan of any liability or unlawful conduct
of any kind.

 

16.          Non-Assignment.
This Agreement is personal to Employee and cannot be assigned to anyone else without the written consent of the President of Sajan
or his or her designee. The rights and obligations of this Agreement shall inure to the successors and assigns of Sajan.

 

17.          Entire
Agreement. This Agreement contains the entire agreement between Employee and Sajan, and fully supersedes all prior obligations
of Sajan to Employee. This Agreement may not be modified, altered or changed except upon written consent of Employee and the President
of Sajan or his or her designee.

 

18.          Date
of Receipt. Employee acknowledges that Employee received this Agreement on November 9, 2016.

 

HAVING ELECTED TO SIGN THIS
AGREEMENT TO FULFILL THE PROMISES AND TO RECEIVE THE CONSIDERATION IN SECTION 2 ABOVE, EMPLOYEE FREELY AND KNOWINGLY, AND AFTER
HAVING BEEN ADVISED BY SAJAN, INC. TO CONSULT WITH LEGAL COUNSEL, ENTERS INTO THIS AGREEMENT INTENDING TO WAIVE, SETTLE AND RELEASE
ALL CLAIMS EMPLOYEE HAS OR MIGHT HAVE AGAINST SAJAN, INC. TO THE FULLEST EXTENT PERMITTED BY LAW.

 

IN WITNESS WHEREOF,
the parties hereto knowingly and voluntarily executed this Agreement as of the date set forth below:

 

	 	 	SAJAN, Inc.
	 	 	 
	/s/
    Paul P. Rome	 	/s/
    Nicole Butz
	Paul P. Rome	 	Nicole Butz,
	 	 	Director of Human Resources
	 	 	 
	11/27/2016	 	11/11/2016
	Date	 	Date

 

    	 	- 7 -Exhibit 10.27

 

SECOND AMENDMENT
TO EMPLOYMENT AGREEMENT

 

THIS SECOND AMENDMENT
TO EMPLOYMENT AGREEMENT (“Amendment”) is made effective this 5th day of January, 2017 (the “Effective
Date”), by and between SAJAN, INC., a Delaware corporation having its principal executive offices in the State of Wisconsin
(the “Company”), and THOMAS P. SKIBA, an individual resident of the State of Minnesota (the “Employee”).

 

RECITALS

 

WHEREAS, the parties entered
into a written agreement governing Employee’s employment with the Company on August 29, 2013, as amended by that First Amendment
to Employment Agreement dated March 9, 2015 (collectively, the “Agreement”), pursuant to which the Employee
is entitled to a certain severance package if the Employee’s employment with the Company is terminated by the Company without
Cause or by the Employee for Good Reason (as such terms are defined in the Agreement); and

 

WHEREAS, the Company and
the Employee desire to amend Section 6.4 of the Agreement to add one year of Company-funded health-insurance coverage not to exceed
$5,000 for the annual period to the Employee’s severance package;

 

NOW, THEREFORE, in consideration
of the mutual promises and provisions contained in this Amendment, the parties, intending to be legally bound, agree as follows:

 

AGREEMENT

 

1.           Terms
of Employment. The parties agree that the terms of the Agreement will remain in full force and effect, except as set forth
in this Amendment.

 

2.           Severance
Payment. Section 6.4 of the Agreement will be replaced in its entirety with the following:

 

“6.4          By
the Company Without Cause or by the Employee for Good Reason. If (a) the Company terminates the Employee’s employment
without Cause, or (b) the Employee properly terminates employment for Good Reason pursuant to Section 5.2, the Employee will be
entitled to severance pay in a total gross amount equal to twelve (12) months of the Employee’s ending Base Salary with
the Company (the “Severance Payment”), which will be paid in accordance with the Company’s regular payroll
schedule commencing on the first payroll date following the Employee’s signing of the general release agreement discussed
in Section 6.5 of this Agreement and the expiration of any rescission period set forth in such general release agreement. In addition,
any stock options that are due to be vested within twelve months from the Date of Termination shall become vested and exercisable
and Employee will be entitled to one year of Company-funded health insurance coverage not to exceed $5,000 for the annual period.
Notwithstanding anything herein to the contrary, in no event shall any portion of the Severance Payment be paid to the Employee
later than the last day of the second taxable year of the Employee following the taxable year in which the Date of Termination
occurs.”

 

[Signature page follows.]

 

    	 	1	 

     

    

 

IN
WITNESS WHEREOF, the parties have executed and delivered this Second Amendment to Employment Agreement on the day and year first
written above.

 

	 	SAJAN, INC.
	 	 
	 	/s/ Shannon Zimmerman
	 	By: Shannon Zimmerman
	 	Its: CEO
	 	 
	 	/s/ Thomas
    P. Skiba
	 	Thomas P. Skiba, an
    Individual

 

Signature
Page to Second Amendment to Employment Agreement

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