SEC Contract Filing

Filing Date: 2021-02-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.30
<SEQUENCE>4
<FILENAME>heska-12312020xexx1030.htm
<DESCRIPTION>EX-10.30
<TEXT>
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<title>Document</title></head><body><div id="i6814637fb8fc47288ae2ebc55cbc3fab_1"></div><div style="min-height:64pt;width:100%"><div style="margin-top:3.65pt;padding-right:108.05pt;text-align:right;text-indent:36pt"><font><br></font></div></div><div style="padding-left:367.95pt;padding-right:6.8pt;text-align:justify;text-indent:31.05pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:126%">Exhibit 10.30</font></div><div style="margin-top:0.03pt;padding-left:1.05pt;padding-right:108.05pt;text-align:right"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">SEPARATION AND RELEASE AGREEMENT</font></div><div style="margin-top:0.3pt"><font><br></font></div><div style="padding-left:7.95pt;padding-right:6.8pt;text-align:justify;text-indent:31.05pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:126%">This Separation and Release Agreement (the &#34;Agreement&#34;) is made between (i) Jason Aroesty (&#34;Employee&#34;) and (ii) Heska Corporation (the &#34;Company&#34;). Employee and the Company are referred to collectively as the &#34;Parties&#34; and individually as a &#34;Party</font><font style="color:#2f2f34;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:126%">.</font><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:126%">&#34;</font></div><div style="margin-top:0.15pt"><font><br></font></div><div style="margin-top:4.6pt;padding-left:106.52pt;padding-right:106.52pt;text-align:center"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%;text-decoration:underline">RECITALS</font></div><div style="margin-top:0.15pt"><font><br></font></div><div style="padding-left:54.1pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">WHEREAS, Employee was employed at the Company's Loveland facility&#59;</font></div><div style="margin-top:0.05pt"><font><br></font></div><div style="padding-left:53.85pt"><font style="color:#0e0c1a;font-family:'Arial',sans-serif;font-size:6pt;font-weight:400;line-height:120%">,</font></div><div><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">WHEREAS, Employee's employment with the Company terminated effective December 4</font><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:7.15pt;font-weight:400;line-height:120%;position:relative;top:-3.85pt;vertical-align:baseline">th</font></div><div style="margin-top:0.8pt;padding-left:6.4pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">2020 (the &#34;Termination Date&#34;)&#59;</font></div><div style="margin-top:0.1pt"><font><br></font></div><div style="padding-left:5.95pt;padding-right:6.05pt;text-align:justify;text-indent:47.65pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:124%">WHEREAS, Employee's termination is without &#34;Cause&#34; under Section 6(a), entitling Employee to certain payments and benefits under Section 6(a)(i) of the Employment Agreement&#59;</font></div><div style="margin-top:0.4pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:6.05pt;padding-right:5.85pt;text-align:justify;text-indent:47.55pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:124%">WHEREAS, Employee resigns all board seats, observation rights and actual, titles and appointments that are conditioned upon continued employment with the Company&#59;</font></div><div style="margin-top:0.15pt"><font><br></font></div><div style="padding-left:5.95pt;padding-right:6.2pt;text-align:justify;text-indent:47.65pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:124%">WHEREAS, the Parties wish to resolve fully and finally any potential disputes regarding Employee's employment with the Company and any other potential disputes between the Parties, and</font></div><div style="margin-top:0.2pt"><font><br></font></div><div style="padding-left:6.3pt;padding-right:5.45pt;text-align:justify;text-indent:47.05pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:126%">WHEREAS, in order to accomplish this end</font><font style="color:#2f2f34;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:126%">, </font><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:126%">the Parties are willing to enter into this Agreement.</font></div><div style="margin-top:0.5pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:6pt;padding-right:5.75pt;text-align:justify;text-indent:47.6pt"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:125%">NOW THEREFORE, in consideration of the mutual promises and undertakings contained herein, the sufficiency of which is acknowledged by the Parties, the Parties to this Agreement agree as follows&#58;</font></div><div style="margin-top:0.35pt"><font><br></font></div><div style="margin-top:4.6pt;padding-left:106.5pt;padding-right:106.5pt;text-align:center"><font style="color:#0e0c1a;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height