EXHIBIT 10.7
September 3, 1996
Mr. Curtis Cain 1455 Yorktown Drive Lawrenceville, GA 30243
Dear Curtis,
This letter will confirm our mutual understandings regarding termination of your employment with A.D.A.M. Software, Inc. (the "Company"). The Company hereby accepts your resignation as Chief Executive Officer of the Company, effective September 4, 1996, subject to the terms and conditions specified in the term sheet attached to this letter. The Company has agreed to the terms specified in the attached term sheet, and the Board of Directors has authorized the Company's performance of its obligations to you as specified in the term sheet.
As specified in the attached term sheet, the Company agrees that you have resigned at the request of the Board of Directors, and your resignation will therefore be treated as a "No Cause Termination Event" under your employment agreement with the Company dated December 19, 1994. Payment by the Company of the amounts specified in the atta ...
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