SEC Contract Filing

Filing Date: 2017-03-03

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>v461033_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>AGREEMENT AND RELEASE</U></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>CONSULT WITH AN ATTORNEY
BEFORE SIGNING THIS AGREEMENT AND RELEASE.</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>BY SIGNING THIS AGREEMENT
AND RELEASE, YOU GIVE UP AND WAIVE IMPORTANT LEGAL RIGHTS.</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">This is an agreement and
release (the &ldquo;Agreement&rdquo;) between Authentidate Holding Corp., its stockholders (solely in their capacity as stockholders
of Authentidate Holding Corp.), its subsidiaries, affiliates, divisions, successors and assigns, their respective past and present
officers, directors, employees, agents, attorneys, whether as individuals or in their official capacity, and each of their respective
successors and assigns (hereinafter collectively referred to as &ldquo;AHC&rdquo; or the &ldquo;Company&rdquo;) and by his own
free will, William P. Henry (&ldquo;Henry&rdquo; or &ldquo;Employee&rdquo;). As used herein, the term &ldquo;Execution Date&rdquo;
shall mean the expiration of the seven-day revocation period commencing on the later of the two dates on which this agreement has
been executed by Employee and AHC, as specified on the signature page of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, Henry has
been an employee of AHC pursuant to a written employment agreement dated as of January 4, 2016 (the &ldquo;Employment Agreement&rdquo;);
and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, Henry has
previously served as AHC&rsquo;s Chief Strategy Officer pursuant to a written agreement dated as of August 24, 2015, which has
terminated in accordance with its terms (the &ldquo;CSO Agreement&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS, pursuant to
the CSO Agreement, Henry was entitled to receive certain salary payments and the sum of $200,000 in consideration of the closing
of the merger of AHC with AEON Global Health, none of which has been paid to date, and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS,</B> pursuant
to a certain lock-up agreement (the &ldquo;Lock-up Agreement&rdquo;) executed to facilitate the preservation of AHC&rsquo;s net operating
loss carry forwards, Henry has agreed to certain restrictions on the exercise of certain employee stock options (the &ldquo;Options&rdquo;)
and the resale of AHC&rsquo;s common stock; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, AHC has
elected to eliminate the position of Chief Operating Officer and Employee and AHC each desire an amicable cessation of the employment
relationship,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>NOW, THEREFORE</B>,
in consideration of the covenants and promises contained herein and for other good and valuable consideration, receipt of which
is hereby acknowledged, Employee and AHC (who hereinafter collectively may be referred to as the &ldquo;Parties&rdquo;) hereby
agree as follows:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except as otherwise
stated herein, all terms of the Employment Agreement and the CSO Agreement shall be deemed superseded by this Agreement, and the
terms of the Lock-up Agreement, annexed hereto as Exhibit A, and the Options shall remain in full force and effect. The Options
shall remain exercisable for the full duration of their original exercise periods as extended by the Lock-up Agreement.</P>

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