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EXECUTIVE SEVERANCE PLAN
SEVERANCE AND RELEASE AGREEMENT
TREEHOUSE FOODS, INC., together with its subsidiary (Bay Valley Foods, LLC), and each of their subsidiaries, affiliates, predecessors, successors, directors, officers, fiduciaries, insurers, employees and agents (hereinafter collectively referred to as the “Company”), and Dean General for yourself, your spouse, family, assignees, heirs, agents and attorneys (individually or jointly, “You” or “Your”) agree and represent as follows:
WHEREAS, the parties agree and wish to ensure that they have amicably resolved and settled all possible differences, claims, or matters pertaining to, arising from, or associated with Your employment with the Company and subsequent termination from employment; and
WHEREAS, You acknowledge that Your Severance Payments and partially subsidized COBRA Health Benefits, as described below, are being paid pursuant to the TreeHouse Foods, Inc. Executive Severance Plan, as amended and restated as of April 26, 2017 (the “Plan”), and payment under such Plan is contingent on Your executing and not revoking a valid release as well as agreeing to certain continuing obligations pursuant to the Plan; and that You are receiving additional consideration to which You are otherwise not entitled;
THEREFORE, the parties mutually agree to enter into this Executive Severance Plan Severance and Release Agreement (“the Agreement”) and agree as follows:
1.Termination.  You acknowledge and confirm that You were terminated from Your position and employment with the Company as well as from any officer positions You hold with the Company, with such termination effective January 1, 2021 (the “Termination Date”).
2.Severance Payments and Other Consideration. 
(a)In consideration of Your execution of this Agreement and for the releases granted herein, and in accordance with the terms and conditions of the Plan, the Company agrees to pay and provide You the following amounts and items:  
(i)Severance Payments. If You sign and do not revoke this Agreement, You will receive the amount payable to You as a Tier I Executive under the Plan, which amount shall equal one (1) times Your Base Salary (as such term is defined under the Plan), minus all legally required federal and state payroll deductions and authorized deductions (the “Severance Payment”).  Such Severance Payment shall be paid in accordance with and subject to the terms of the Plan, including but not limited to Section 7(c) of the Plan which requires the Severance Payment to be paid as permitted pursuant to Internal Revenue Code Section 409A and its implementing regulations at Treasury Regulation Section 1.409A-1, et seq., and to be paid as salary continuation in certain installments (typically equal or approximately equal) in accordance with the Company’s standard payroll practices.  The period of continued salary payments shall be referred to as the “Severance Period.”  The Severance Payments will not begin until after the seventh (7th) day following the execution of this Agreement provided that You have not revoked such executed Agreement.
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(ii)COBRA Health Benefits.  
(1)Your current health (medical, prescription drug, dental, hospitalization) benefits coverage through the Company will end on the Termination Date.  Effective as of the day immediately following the Termination Date, You shall be eligible to continue receiving group health insurance pursuant to the federal law known as “COBRA,” 29 U.S.C. § 1161 et seq.; provided, however, that You must formally and timely elect COBRA continuation coverage pursuant to the COBRA materials that will be provided to You by the Company (or its designee for such purpose) under separate cover.  
(2)The Company will pay the Company’s share of premiums for such health benefits (as are normally paid by the Company on behalf of similarly-situated actively employed executives of the Company), consistent with the terms of the Plan, until the earliest of (A) the expiration of the Severance Period; (B) the date of Your death, provided that benefits provided to Your spouse and dependents shall not terminate upon Your death; or (C) the date, or dates, You become eligible to receive substantially equivalent group health coverage and benefits from another employer (such coverage and benefits to be determined on a coverage-by-coverage or benefit-by-benefit basis) or from the employer of Your spouse.  In order to continue coverage pursuant to COBRA, You must at all times pay the active employee premium costs on at least a monthly basis for as long as, and to the extent that, You remain eligible for COBRA continuation coverage.  If Your coverage under this Subsection 2(a)(ii) terminates due to any event or occurrence other than Clauses (A), (B) or (C) of this Subsection 2(a)(ii)(2), the Company will provide You with a lump-sum payment in an amount equal to the number of remaining months of coverage to which You are entitled times the then-applicable Company portion of the premium for the relevant benefit plan in which You participated, with such lump sum amount to be paid during the second month following the month in which such coverage expires.
(iii)Incentive Compensation.  Subject to the terms set forth in the Plan, You will receive Target Incentive Compensation in an amount equal to one (1) times the Incentive Compensation You would have received for the calendar year which includes Your Termination Date (that is, 2021) had You remained employed with the Company through the date such payment would have been made to You under the applicable plan, calculated as if performance had met the “target” level.  You will receive such Target Incentive Compensation payment in the same form and at the same time in 2022 that active employees receive incentive compensation payments under the applicable plan.You acknowledge that all other benefits, except as expressly set forth in this Agreement, shall cease upon the Termination Date.  You acknowledge that nothing in this Agreement or in the Plan amends or modifies the terms of any plan of benefits, contract or program providing for medical, prescription drug, dental and hospitalization benefits and that all such benefits, as such terms may be amended from time to time by the Company in its sole discretion, shall be provided in accordance with the terms of the applicable plan, contract or program.
(b)Special Additional Payments and Benefits.  In consideration of any of Your obligations under this Agreement above and beyond those pursuant to the Plan, the Company agrees to pay You the following to which you are not entitled other than pursuant to this Agreement:
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(i)Incentive Bonus for Calendar Year 2020.  The Company agrees to pay You, in addition to the Incentive Compensation payment set forth in Subsection 2(a)(iii) above, the incentive bonus for 2020 that You would have become entitled to had Your employment continued until the date upon which eligibility for such bonus is triggered under the applicable plan.  You will receive such bonus at the same time as eligible employees receive the bonus, currently anticipated in or about March 2021.  Notwithstanding the foregoing, Your entitlement to any such bonus for calendar year 2020 is contingent upon Your earning such bonus under the applicable plan pursuant to the formula, performance targets and any other criteria set forth in the plan and as established specifically for You and/or Your organization for 2020.  Accordingly, this provision does not guarantee such bonus if no such bonus would have been earned under the applicable formula, performance targets and any other criteria.
(ii)Career Continuation Counseling.   Upon execution of this Agreement, the Company agrees to provide You with career continuation counseling for a period of twelve (12) months, provided that You commence said counseling no later than one month following your execution of this Agreement.  The Company shall have no obligation to pay You an amount equal to the value or cost for any such Career Continuation Counseling service should You elect to terminate or abandon such service.
(c)You acknowledge that the severance payments and the employer-share of premium payments and incentive compensation under Subsection 2(a) as well as additional consideration under Subsection 2(b) will be reported to the IRS and other appropriate taxing authorities as income and will be subject to withholding to the extent required by law.
(d)You acknowledge that the payment of such salary payments and other items under Subsection 2(a) and/or 2(b) do not entitle You, and You specifically waive any rights, to any and all other Company bonuses not provided above or in Section 4 below, including, but not limited to annual incentive plan payments; or holiday, merit, or performance bonuses of any kind (other than Incentive Compensation as set forth above); or severance payments under any version of the Executive Severance Plan in effect prior to the Plan (defined above as the Executive Severance Plan, amended and restated as of April 26, 2017) and You specifically agree and acknowledge that any such prior version of the Executive Severance Plan has no force or effect.
(e)You consent to and agree that the Company may offset from the payments under Subsection 2(a) any business expenses or other debts owed by You to the Company that have not been reconciled to the Company’s satisfaction, and the cost of any Company property that has not been returned to the Company.
3.Final Paycheck and Vacation Pay.  You acknowledge that Your final paycheck, representing Your compensation for Your service through the Termination Date, less all applicable federal and state payroll taxes required to be withheld or paid, and any authorized deductions, will be paid in accordance with the Company’s standard payroll practices.  You agree to mutually determine with the Company the number of currently unused vacation days for 2020.  Thereafter, the Company will as soon as practicable pay You (less all applicable federal and state payroll taxes required to be withheld or paid and any authorized deductions) for any accrued and unused vacation time through the Termination Date.  You further acknowledge that You have not suffered any on-the-job injury for which You have not already filed a claim. 
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4.Retirement/401(k) Plan/Stock Equity.  You understand and acknowledge that Your right to continue participation, if any, in any Company sponsored retirement or 401(k) Plan, whether tax-qualified or non-qualified, shall be governed by the terms of such plan and not this Agreement.  Any grants of equity in the Company that You have received, regardless of form or status, shall be governed by the applicable grant and governing plan documents.  Nothing in this Agreement shall expand, diminish or otherwise modify Your or the Company’s rights and obligations contained in any of the afore-mentioned documents, and the Company strongly recommends that You review the documents.  For the avoidance of doubt, Your termination will be considered a termination by the Company without Cause for purposes of any performance unit and executive special performance unit grants you have been awarded.  Accordingly:
(a) Make Whole Stock Grant Cash Out. Pursuant to Your offer letter dated January 19, 2019 (the “Offer Letter”), You were granted 11,750 Restricted Stock Units on February 28, 2019 (to vest ratably over a three-year period), which were intended to offset unvested restricted stock units that you were foregoing from your former employer. For purposes of such grant, Your separation of employment on the Termination Date shall be deemed a “termination involuntarily for any reason other than Cause”, and accordingly You will receive the cash value of remaining unvested 7,853 shares (i.e., the as-yet unvested portion of those 11,750 shares) based on the closing price of Company common shares on the New York Stock Exchange as of the close of the first trading date after the Termination Date, provided that You do not revoke this Agreement within seven days of execution of this Agreement. Such amount will be paid as soon as reasonably practicable and shall be subject to all applicable tax withholding pursuant to the Company’s normal withholding payroll practices.
(b)Special Performance Unit Agreement.  Pursuant to the Performance Unit Agreement (also referred to as the Accelerated Performance Grant), You were granted 17,636 Units (to vest ratably over a three-year period), based on the achievement of each Performance Period of the Customer Service and Organic Revenue Growth performance goals (“Performance Goals”). Such Units shall continue to vest for the 2020 and 2021 Performance Periods based on the achievement of the Performance Goals for each Performance Period as set forth in Section 3(a) of the Performance Unit Agreement. Such Units shall be given to You pursuant to the terms of the Performance Unit Agreement.
5.Conditions and Limitations of Payments.  The Plan is hereby incorporated by reference and all payments made or to be made pursuant to Subsection 2(a) hereof shall be subject to the conditions and limitations under the Plan, including but not limited to the conditions and limitations respecting Company Property (Section 5(d) of the Plan), Confidentiality (Section 5(e) of the Plan), Non-Solicitation of Employees (Section 5(f) of the Plan), Non-Disparagement (Section 5(g) of the Plan), Confidentiality of Payments under the Plan (Section 5(h) of the Plan), Regulatory Compliance (Section 5(i) of the Plan), Cooperation (Section 5(j) of the Plan) and Remedies (Section 5(k) of the Plan).  The Plan is attached hereto as Exhibit A.  Notwithstanding the foregoing, nothing in this Agreement shall be interpreted to prohibit You from initiating or participating fully (including, to the extent protected by law, the act and method of providing confidential information) in any investigation or proceeding conducted by the Equal Employment Opportunity Commission, the U.S. Securities & Exchange 
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Commission, the Illinois Department of Human Rights or any other governmental agency for which this Agreement cannot impose any such limitation.  The Company agrees that it will direct Steve Oakland not to make or cause to be made any statements, observations or opinions, or communicate any information (whether oral or written) that disparages or is likely in any way to harm Your reputation except to make truthful statements internal to the Company as necessary to effectuate their and the Company’s reasonable business and legal obligations and duties.
6.Confidentiality of Agreement.  You agree that the terms of this Agreement shall be and remain confidential and shall not be disclosed by You to any party other than (a) Your spouse or, only as necessary to advise You in connection with this Agreement, Your attorney, accountant, or tax preparer; provided that any such person must first agree to keep any and all such information confidential; or (b) as may be compelled by valid legal process.  The Company agrees that the terms of this Agreement shall be and remain confidential and shall only be disclosed as may be compelled by law or to those who need to know in order to enter into and/or effectuate the terms of this Agreement.
7.Non-Admission.  This Agreement and compliance with it shall not be construed as an admission by the Company of any liability whatsoever, or as a Company admission of any violation of Your or any person’s rights, violation of any order, law, statute, duty, or contract whatsoever applicable to You or any person.  The Company specifically disclaims any liability to You or any other person for any alleged violation of Your or any person’s rights, or for any alleged violation of any order, law, statute, duty, or contract on the part of the Company, any of its related organizations or any of their directors, officers, employees or agents.
8.General Release by You.  In exchange for the payment and benefits described in Section 2, You are waiving and releasing all known or unknown claims and causes of action You have or may have, as of the day You sign this Agreement, against the Company arising out of Your employment, including Your separation from employment.  The claims You are releasing include, but are not limited to, any and all allegations that the Company:
(a)has discriminated or retaliated against You in violation of the Age Discrimination in Employment Act (“ADEA”), the Americans with Disabilities Act of 1990, Title VII of the Civil Rights Act of 1964, the Equal Pay Act of 1963, the Sarbanes-Oxley Act of 2002, the Family and Medical Leave Act of 1993, or on the basis of race, color, sex (including sexual harassment), national origin, ancestry, disability, religion, sexual orientation, marital status, parental status, veteran status, source of income, entitlement to benefits, union activities or any other status protected by local, state or federal laws, constitutions, regulations, ordinances or executive orders;
(b)has violated any other obligation to You under any local, state or federal laws, constitutions, regulations, ordinances or executive orders, including without limitation any obligations to You under the Family and Medical Leave Act of 1993, the Fair Labor Standards Act, the Sarbanes-Oxley Act of 2002, the Worker Adjustment Retraining and Notification Act, or the National Labor Relations Act and/or any comparable state or local laws or regulations;
(c)has violated its personnel policies, procedures, handbooks, any covenant of good faith and fair dealings, or any express or implied contract or any kind;
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(d)has violated public policy or statutory or common law, including claims for:  personal injury; invasion of privacy; retaliatory discharge; negligent hiring, retention or supervision; defamation; fraud; duress; intentional or negligent infliction of emotional distress and/or mental anguish; intentional interference with contract; negligence; detrimental reliance; loss of consortium to You and any member of Your family; and/or promissory estoppel; or
(e)is in any way obligated for any reason to pay You damages, expenses, litigation costs (including attorneys’ fees), backpay, frontpay, disability or other benefits (other than any accrued and vested pension benefits), compensatory damages, punitive damages, and/or interest.
9.Excluded from the General Release set forth in Section 8 above are any claims or rights which cannot be waived by law, including Your right to accrued vacation, if any.  For the avoidance of doubt, nothing in this Agreement shall be construed to prohibit You from filing or having filed a charge/complaint, including a challenge to this Agreement’s validity, or reporting or having reported any concern about workplace harassment or discrimination with the Equal Employment Opportunity Commission, the U.S. Securities & Exchange Commission, the National Labor Relations Board, the Illinois Department of Human Rights or any other governmental agency for which this Agreement cannot lawfully so prohibit (although You waive any right to lost back or front pay or employee benefits in the event of such filing) or participating fully in any investigation or proceeding conducted by any such agency.
10.Covenant Not To Sue. A “covenant not to sue” is a legal term which means You promise not to file a lawsuit in court.  It is separate and different from the General Release of claims set forth in Section 8 above.  In addition to waiving and releasing the claims covered by Section 8 above, by entering into this “covenant not to sue” You further agree never to sue the Company in any forum for any reason covered by the General Release language in Section 8 above.  Notwithstanding this “covenant not to sue,” You may bring a claim against the Company to enforce this Agreement or to challenge the validity of this Agreement under the ADEA.  If You sue the Company in violation of this Agreement, You will be liable to the Company for its reasonable attorneys’ fees and other litigation costs incurred in defending against such a lawsuit.  Alternatively, if You sue the Company in violation of this Agreement, the Company can require You to return all but $100 of the money and other benefits paid to You pursuant to this Agreement.  In that event, the Company shall be excused from making any further payments or continuing any benefits otherwise owed to You under Section 2 of this Agreement.  As indicated above, it would not violate any part of this Agreement to sue the Company to enforce this Agreement, to challenge the validity of this Agreement under the ADEA, to file claims that by law You cannot waive, or to file a charge/complaint with or participate in an investigation initiated by a governmental agency.
11.General Release by the Company.  The Company voluntarily and knowingly waives, releases, and discharges You from any and all claims, liabilities, demands, and causes of action of which the Company’s officers and directors were aware at the time it executed this Agreement that it may have or claim against You arising out of or related to any matter, event, fact, act, omission, cause or thing which existed, arose, or occurred prior to execution of this Agreement.
12.Notices.  You understand and agree that:
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(a)You have carefully read and fully understand all of the provisions of this Agreement;
(b)You are entering into this Agreement knowingly and voluntarily and You knowingly and voluntarily agree to be bound by this Agreement;
(c)You have been advised, and hereby are again advised by this Agreement, to consult, as is Your right, with an attorney of Your choice before signing this Agreement;
(d)You may take up to a full twenty-one (21) days to consider this Agreement before executing it;
(e)You are not otherwise entitled to the payment or benefits described in Section 2 of this Agreement, except for the avoidance of doubt those referenced in Section 4; 
(f)You are, through this Agreement, releasing the Company from any and all claims You may have against the Company, including claims under the Age Discrimination in Employment Act of 1967(with the exception of challenges under the Older Workers Benefits Protection Act to a waiver of such claims), to the extent permitted by law;
(g)You have a full seven (7) days after You sign this Agreement to revoke this Agreement (the logistics of which are detailed more fully in Section 13 of this Agreement) and You have been and are hereby re-advised in writing that this Agreement shall not become effective or enforceable until the revocation period has expired; 
(h)You understand that rights or claims under the Age Discrimination in Employment Act of 1967 (29 U.S.C. § 621, et seq.) that may arise after the date this Agreement is executed are not waived; and
(i)This Agreement (including any provisions in the Plan that are incorporated herein) is the entire Agreement between You and the Company regarding the termination of Your employment with the Company.
3.Revocation/Payment.  After You sign this Agreement, You will have seven (7) days to revoke it if You change Your mind.  If You want to revoke the Agreement, You must deliver a written revocation to:
Ms. Lori Roberts
Senior Vice President, Human Resources
TreeHouse Foods, Inc.
2021 Spring Road, Suite 600
Oak Brook, Illinois  60523

You must deliver Your revocation within seven (7) calendar days after You signed this Agreement.  If You do not revoke this Agreement within the seven (7) day period, You will receive the payments and benefits as described in Section 2.
4.Miscellaneous.
(a)This writing (with the Plan which has been incorporated by reference) represents the entire agreement and understanding of the parties with respect to the subject 
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matter hereof and supersedes all prior agreements and understandings of the parties in connection therewith.  Notwithstanding the foregoing, You remain obligated under any confidentiality agreement and/or non-disclosure agreement that You have executed pursuant to Your employment with the Company.  For the avoidance of doubt, You agree and acknowledge that You remain bound to the provisions in the Plan incorporated herein, including without limitation, the following provisions:  Company Property (Section 5(d) of the Plan), Confidentiality (Section 5(e) of the Plan), Non-Solicitation of Employees (Section 5(f) of the Plan), Non-Disparagement (Section 5(g) of the Plan), Confidentiality of Payments under the Plan (Section 5(h) of the Plan), Regulatory Compliance (Section 5(i) of the Plan), Cooperation (Section 5(j) of the Plan) and Remedies (Section 5(k) of the Plan).  This Agreement may not be altered or amended except by mutual agreement evidenced by a writing signed by both parties and specifically identified as an amendment to this Agreement.
(b)Except as specifically provided above, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, administrators, personal representatives, successors, and assigns.
(c)This Agreement is made pursuant to and shall be governed, construed, and enforced in all respects and for all purposes in accordance with the laws of the state of Illinois without regard to the law of conflicts.
(d)Each payment under this Agreement is intended to be treated as one of a series of separate payment for purposes of Section 409A of the Internal Revenue Code of 1986, as amended, and Treas. Reg. §1.409A-2(b)(2)(iii).
(e)If any part of this Agreement is found to be invalid, the remainder of the Agreement will be enforceable.
3.To signify their agreement to the terms of this Agreement, the parties have executed this Agreement on the dates set forth opposite their signatures.

/s/ Dean General                
Employee

January 1, 2021                
Date

The Company

/s/ Lori Roberts                
By: Lori Roberts
 Senior Vice President, Human Resources

January 1, 2021                
Date
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ACKNOWLEDGMENT

    I, Dean General, hereby acknowledge that on December 29, 2020, I received this slightly revised version of the Executive Severance Plan Severance and Release Agreement (the “Agreement”) for my review and consideration.

I also acknowledge that the Company has advised me to consult with an attorney before executing the Agreement, which is a legal document.  I understand that I have twenty-one (21) days from the above-stated date of receipt of this Agreement to execute the Agreement.  Further, I understand that, should I decide to execute the Agreement, I may revoke my acceptance of this Agreement within seven (7) days following the execution and that the release provision and all other provisions of the Agreement will not become effective or enforceable until the revocation period has expired.
Finally, I understand that I will be receiving from the Company a notice regarding the continuation of health benefits (COBRA notice) and that I must elect continuation coverage and return my election form to the Company in order to continue health benefits.  

/s/ Dean General                
Dean General

January 1, 2021                
Date

ACKNOWLEDGMENT AND WAIVER

    I, Dean General, as evidenced by my signature below, acknowledge and understand that by signing the Executive Severance Plan Severance and Release Agreement (the “Agreement”) with the Company, sooner than twenty-one (21) days following my receipt of the Agreement, I am knowingly and voluntarily waiving my right to consider the Agreement for twenty-one (21) days and accept such lesser time as I utilized.  I promise and guarantee that neither the Company, nor its parent corporation, nor any of its subsidiaries, affiliates, employees, agents or representatives, induced this waiver of the full twenty-one (21) day period by fraud, misrepresentation or a threat to withdraw or alter the Agreement before the expiration of the twenty-one (21) day period.

    I understand that I have until seven (7) days following the date of my signing of the Agreement to revoke the Agreement by delivering a signed, written revocation to the person identified in Section 13 of the Agreement.

/s/ Dean General                
Dean General

January 1, 2021                
DateExhibit 10.1

 

VOTING AGREEMENT

 

This VOTING AGREEMENT
(this “Agreement”) is dated as of December 31, 2020, by and between the undersigned holder (“Shareholder”)
of common stock, par value $0.01 per share (the “Company Common Stock”) of Alaska Communications Systems Group,
Inc. a Delaware corporation (the “Company”) and Project 8 Buyer, LLC, a Delaware limited liability company (“Parent”).
All terms used herein and not defined herein shall have the meanings assigned thereto in the Merger Agreement (as defined below).

 

WHEREAS, concurrently
with the execution of this Agreement, the Company, Parent and Project 8 MergerCo, Inc., a Delaware corporation and wholly-owned
subsidiary of Parent (“Merger Sub”), are entering into an Agreement and Plan of Merger (as such agreement may
be subsequently amended or modified, the “Merger Agreement”), pursuant to which Merger Sub shall merge with
and into the Company, whereupon the separate existence of Merger Sub shall cease, and the Company shall be the surviving corporation
in the Merger, and in connection therewith, each outstanding share of Company Common Stock will be converted into the right to
receive the Merger Consideration;

 

WHEREAS, Shareholder
beneficially owns and has sole or shared voting power with respect to the number of shares of Company Common Stock identified on
Exhibit A hereto (such shares, together with all shares of Company Common Stock with respect to which Shareholder subsequently
acquires beneficial ownership during the term of this Agreement, including the right to acquire beneficial ownership (as defined
in Rule 13d-3 under the Securities Exchange Act of 1934, as amended) through the exercise of any stock options, warrants or similar
instruments, being referred to as the “Shares”);

 

WHEREAS, the
Voting Agreement dated November 3, 2020, by and between Shareholder and Juneau Parent Co, Inc. has been terminated pursuant to
Section 7(b) thereof; and

 

WHEREAS, it
is a condition to the willingness of Parent and Merger Sub to enter into the Merger Agreement that Shareholder execute and deliver
this Agreement.

 

NOW, THEREFORE,
in consideration of the promises, representations, warranties and agreements contained herein, and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows:

 

Section 1. Agreement
to Vote Shares. Shareholder agrees that from and after the date of this Agreement until the termination of this Agreement in
accordance with Section 7 hereof, at any meeting of shareholders of the Company, however called, or at any adjournment thereof,
or in any other circumstances in which Shareholder is entitled to vote, consent or give any other approval, except as otherwise
agreed to in writing in advance by Parent, Shareholder shall:

 

		(a)	appear at each such meeting or otherwise cause the Shares to be counted as present thereat for
purposes of calculating a quorum; and

 

		(b)	vote (or cause to be voted), in person or by proxy, all the Shares (whether acquired heretofore
or hereafter) that are beneficially owned by Shareholder or as to which Shareholder has, directly or indirectly, the right to vote
or direct the voting, (i) in favor of adoption and approval of the Merger Agreement and the transactions contemplated thereby;
(ii) against any action or agreement that would result in a breach of any covenant, representation or warranty or any other obligation
or agreement of the Company contained in the Merger Agreement or of Shareholder contained in this Agreement; and (iii) against
any Acquisition Proposal or any other action, agreement or transaction that is intended, or could reasonably be expected, to materially
impede, interfere or be inconsistent with, delay, postpone, discourage or materially and adversely affect consummation of the transactions
contemplated by the Merger Agreement or of this Agreement.

 

    1

     

    

 

Section 2. Limitations
on Transfers. While this Agreement is in effect until the termination of this Agreement in accordance with Section 7
hereof, Shareholder agrees not to, directly or indirectly, sell, transfer, pledge, assign or otherwise dispose of, or enter
into any contract, option, commitment or other arrangement or understanding with respect to the sale, transfer, pledge,
assignment or other disposition of, any of the Shares, except the following transfers shall be permitted: (a) sales in the
open market through a broker dealer (whether by way of block trade or otherwise) but not in any private transaction or
reverse inquiry transaction in which the identity of the purchaser is known to the Shareholder prior to such transfer, (b)
transfers by will or operation of law, in which case this Agreement shall bind the transferee, (c) transfers pursuant to any
pledge agreement, subject to the pledgee agreeing in writing to be bound by the terms of this Agreement, (d) transfers in
connection with estate and tax planning purposes, including transfers to relatives, trusts and charitable organizations,
subject to the transferee agreeing in writing to be bound by the terms of this Agreement, and (e) such transfers as Parent
may otherwise permit in its sole discretion. Any transfer or other disposition in violation of the terms of this Section 2
shall be null and void.

 

Section 3. Representations
and Warranties of Shareholder. Shareholder represents and warrants to and agrees with Parent as follows:

 

		(a)	Shareholder has all requisite capacity and authority to enter into and perform his, her or its
obligations under this Agreement.

 

		(b)	This Agreement has been duly executed and delivered by Shareholder, and assuming the due authorization,
execution and delivery by Parent, constitutes the valid and legally binding obligation of Shareholder enforceable against Shareholder
in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws
of general applicability relating to or affecting creditors’ rights and to general equity principles.

 

		(c)	The execution and delivery of this Agreement by Shareholder does not, and the performance by Shareholder
of his, her or its obligations hereunder and the consummation by Shareholder of the transactions contemplated hereby will not,
violate or conflict with, or constitute a default under, any agreement, instrument, contract or other obligation or any order,
arbitration award, judgment or decree to which Shareholder is a party or by which Shareholder is bound, or any statute, rule or
regulation to which Shareholder is subject or, in the event that Shareholder is a corporation, partnership, trust or other entity,
any charter, bylaw or other organizational document of Shareholder.

 

		(d)	Shareholder is the beneficial owner of, or is the trustee that is the record holder of, and whose
beneficiaries are the beneficial owners of, and has good title to all of the Shares set forth on Exhibit A hereto, and the
Shares are so owned free and clear of any liens, security interests, charges or other encumbrances. Shareholder does not own, of
record or beneficially, any shares of capital stock of the Company other than the Shares (other than shares of capital stock subject
to stock options or warrants over which Shareholder will have no voting rights until the exercise of such stock options or warrants).
Shareholder has the right to vote the Shares and none of the Shares are subject to any voting trust or other agreement, arrangement
or restriction with respect to the voting of the Shares, except as contemplated by this Agreement.

 

		(e)	No broker, investment banker, financial advisor, finder, agent or other Person is entitled to any
broker’s, finder’s, financial adviser’s or other similar fee or commission in connection with this Agreement
based upon arrangements made by or on behalf of the Shareholder in his or her capacity as such.

 

    2

     

    

 

Section 4. Irrevocable
Proxy. Subject to the last sentence of this Section 4, and solely in the event of a failure by Shareholder to act in
accordance with Shareholder’s obligations as to voting pursuant to Section 1, prior to the termination of this
Agreement and without in any way limiting Shareholder’s right to vote the Shares in its sole discretion on any other
matters that may be submitted to a stockholder vote, consent or other approval, Shareholder hereby grants a proxy appointing
Parent as such Shareholder’s attorney-in-fact and proxy, with full power of substitution, for and in
Shareholder’s name, to vote, express consent or dissent, or otherwise to utilize such voting power in the manner
contemplated by Section 1 above as the Parent or its proxy or substitute shall deem proper with respect to the Shares.
Notwithstanding anything contained herein to the contrary, this irrevocable proxy shall automatically terminate upon the
termination of this Agreement.

 

Section 5. No Solicitation.
From and after the date of this Agreement until the termination of this Agreement pursuant to Section 7 hereof, Shareholder, in
his, her or its capacity as a shareholder of the Company, shall not, nor shall such Shareholder authorize any partner, officer,
director, advisor or representative of, such Shareholder or any of his, her or its affiliates to, (i) solicit or initiate any Acquisition
Proposal or any inquiries, proposals or offers that constitute, or that could reasonably be expected to lead to, an Acquisition
Proposal; provided, that Shareholder shall be permitted to respond to inbound inquiries and participate in discussions not
solicited in violation of Shareholder’s obligations hereunder, (ii) solicit proxies or become a “participant”
in a “solicitation” (as such terms are defined in Regulation 14A under the Exchange Act) with respect to an Acquisition
Proposal (other than the Merger Agreement) or otherwise encourage or assist any party in taking or planning any action that would
compete with, restrain or otherwise serve to interfere with or inhibit the timely consummation of the Merger in accordance with
the terms of the Merger Agreement, or (iii) initiate a shareholders’ vote or action by consent of the Company’s shareholders
with respect to an Acquisition Proposal.

 

Section 6. Specific
Performance and Remedies. Shareholder acknowledges that it will be impossible to measure in money the damage to Parent if Shareholder
fails to comply with the obligations imposed by this Agreement and that, in the event of any such failure, Parent will not have
an adequate remedy at law or in equity. Accordingly, Shareholder agrees that injunctive relief or other equitable remedy, in addition
to remedies at law or in damages, is the appropriate remedy for any such failure and will not oppose the granting of such relief
on the basis that Parent has an adequate remedy at law.

 

Section 7. Term
of Agreement; Termination. The term of this Agreement shall commence on the date hereof and shall be in effect until the termination
of this Agreement. This Agreement may be terminated at any time prior to consummation of the transactions contemplated by the Merger
Agreement by the written consent of the parties hereto, and shall be automatically terminated upon the earliest to occur of: (a)
the vote of stockholders at the Stockholder Meeting (subject to any adjournment thereof), (b) the termination of the Merger Agreement
in accordance with its terms, (c) an Adverse Recommendation Change made in accordance with the Merger Agreement and (d) 14 months
from the date of this Agreement. This Agreement may also be terminated by written notice of Shareholder provided in accordance
with Section 13 hereof, upon any determination by Shareholder in the event the Merger Agreement is amended and such amendment contains,
any material adverse change, in the sole discretion of Shareholder, without the prior written consent of Shareholder, to Sections
2.01 (The Closing), 2.03(a) (Conversion of Shares) or 2.04 (Exchange and Payment) of the Merger Agreement.

 

Section 8. Entire
Agreement; Amendments. This Agreement supersedes all prior agreements, written or oral, among the parties hereto with respect
to the subject matter hereof and contains the entire agreement among the parties with respect to the subject matter hereof. This
Agreement may not be amended, supplemented or modified, and no provisions hereof may be modified or waived, except by an instrument
in writing signed by each party hereto. No waiver of any provisions hereof by either party shall be deemed a waiver of any other
provisions hereof by any such party, nor shall any such waiver be deemed a continuing waiver of any provision hereof by such party.

 

Section 9. Severability.
In the event that any one or more provisions of this Agreement shall for any reason be held invalid, illegal or unenforceable in
any respect, by any court of competent jurisdiction, such invalidity, illegality or unenforceability shall not affect any other
provisions of this Agreement and the parties shall use their reasonable efforts to substitute a valid, legal and enforceable provision
which, insofar as practical, implements the purposes and intents of this Agreement.

 

Section 10. Capacity
as Shareholder. The covenants contained herein shall apply to Shareholder solely in his or her capacity as a shareholder of
the Company, and no covenant contained herein shall apply to Shareholder in any other capacity.

 

Section 11. Governing
Law; Jurisdiction and Venue. This Agreement shall be governed by, and construed in accordance with, the laws of the State
of Delaware without regard to its rules of conflict of laws. The parties hereto hereby irrevocably and unconditionally
consent to and submit to the exclusive jurisdiction of the courts of the State of Delaware and of the United States of
America located in such state (the “Delaware Courts”) for any litigation arising out of or relating to
this Agreement and the transactions contemplated hereby (and agree not to commence any litigation relating thereto except in
such courts), waive any objection to the laying of venue of any such litigation in the Delaware Courts and agree not to plead
or claim in any Delaware Court that such litigation brought therein has been brought in any inconvenient forum.

 

    3

     

    

 

Section 12. Waiver
of Jury Trial. The parties hereto hereby waive any right to trial by jury with respect to any action or proceeding related
to or arising out of this Agreement, any document executed in connection herewith and the matters contemplated hereby and thereby.

 

Section 13. Notice.
All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally or sent by
overnight courier (providing proof of delivery) to Parent in accordance with Section 9.01 of the Merger Agreement and to Shareholder
at its address set forth on Exhibit A attached hereto (or at such other address for a party as shall be specified by like
notice).

 

 

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blank.)

 

    4

     

    

 

IN WITNESS WHEREOF, the parties hereto
have executed and delivered this Agreement as of the date first written above.

	 	
         

         

        PROJECT 8 PARENT, LLC

	 	 	 
	 	
         

        By:
	
         

        /s/ Michael Prior

	 	Name: 	 Michael Prior
	 	Title: 	 President
	 	 	 
	 	
         

        By:
	
         

        /s/ William Kreisher

	 	Name: 	 William Kreisher
	 	Title: 	 Vice President
	 	 	 
	 	
         

        SHAREHOLDER

	 	 	 
	 	
         

        TAR HOLDINGS, LLC

	 	 	 
	 	
         

        By:
	
         

        /s/ Karen Singer

	 	Name: 	 Karen Singer
	 	Title: 	 Managing Member

 

     

     

    

 

EXHIBIT A

 

	NAME AND ADDRESS

OF SHAREHOLDER	SHARES OF COMPANY COMMON STOCK 

BENEFICIALLY OWNED
	
        TAR Holdings, LLC

        Karen Singer, Managing Member, TAR Holdings,
        LLC,

        212 Vaccaro Drive, Cresskill, NJ 07626
	4,739,709

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