SEPARATION AGREEMENT AND GENERAL RELEASE
This Separation Agreement and General Release ("this Agreement") is made by and between Steven
Dmiszewicki ("Employee") and Level 8 Systems, Inc. ("the Company").
The Company and Employee desire to effect a severance of Employee's employment with the Company on the
terms and conditions set forth in this Agreement. The Company and Employee agree that it is in their best
interests to settle any and all matters that might arise out of Employee's former employment with the Company.
Therefore, in consideration of the mutual promises contained in this Agreement, the Company and Employee
agree to the following:
1. Severance and Effective Dates. By executing this Agreement, Employee acknowledges that Employee's last
day worked with the Company will be January 31, 2001, ("Last Day Worked"), and that the Employee's
termination date with the Company will be February 1, 2002, ("Termination Date). In addition, Employee
acknowledges Effective Date of the Agreement is the eighth (8) day after Employee signs the Agreement
2. Severance Arrangement. In full consideration and as material inducement for Employee to execute this
Agreement, and in full and complete settlement of any and all claims (including any claim Employee may have for
attorneys' fees, expenses and costs), the Company will:
a. Not Used.
b. Continue Employee's regular salary of $7692.31 per week, less all legal deductions, for the equivalent of 52
weeks, on the first payday following the end of the Consulting Period above.
c. Continue Employee's medical, dental, vision, life insurance and long term disability benefits at employee rates
and 401K participation, for 9 months, beginning on the day following the last day of the Consulting Period.
Employee contributions will be deducted with each paycheck.
d. Not Used.
e. Allow Employee to retain his lap-top, as provided by the Company.
f. Provide Employee with a cell phone through termination date. All expens