(d) For a period of twenty-four (24) months following the Separation Date, Company shall pay to Executive a monthly amount before the end each calendar month equal to difference between (i) the monthly cost of Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (COBRA) health and dental benefits for Executive (assuming that Executive would be eligible for such coverage), less (ii) the monthly amount that the Executive would be required to contribute for health and dental coverage if Executive were an active employee of Company.
(e) The Executive shall be entitled to receive a prorated cash bonus for 2019 for the period in 2019 he was employed with the Company prior to the Separation Date, payable in 2020 at the time and in accordance with the Companys other payouts (if any) to other senior executives in accordance with the terms of the Companys 2019 annual incentive program.
(f) Following the Separation Date, the Executive will serve as the Companys Non-Executive Chairman and receive the annual retainer and annual stock award given the Companys Chairman. As of the date hereof the Chairmans compensation consists of an $90,000 annual retainer and annual stock awards of $145,000.
(g) The Executive shall be entitled to retain his laptop, phone number, phone and Company email address (so long as he remains a member of the Board).
5. General Release.
(a) Executive and heirs, executors, administrators, agents, beneficiaries, successors in interest and assignees hereby release, waive and forever discharge, the Company and any past, present, or future owners, shareholders, directors, officers Executives, attorneys, agents, insurers, partners, predecessors and successors in interest, beneficiaries, executors, administrators, personal representatives, heirs, successors, affiliates and assigns of the Company and any other persons, firms, corporations, or entities with which the Company has been, is now, or may hereafter be affiliated (hereinafter the Released Parties), from any and all existing claims, demands, grievances, or lawsuits, whether known or unknown, that involve or arise from the employment relationship between Executive and the Company, or the termination of that relationship prior to the Effective Date of this Release Agreement.
Without limiting in any way the foregoing general release, this release specifically includes, but is not limited to, claims, demands, or lawsuits that arise under any of the following laws or regulations: Title VII of the Civil Rights Act of 1964, as amended; Section 1981 of the Civil Rights Act of 1866; Equal Pay Act; the Age Discrimination in Employment Act of 1967, as amended; the Executive Retirement Income Security Act, as amended; the Americans with Disabilities Act, as amended; the Family and Medical Leave Act, as amended; the Worker Adjustment and Retraining Notification Act; the Fair Credit Reporting Act; the Sarbanes-Oxley Act; the False Claims Act; the Arizona Civil Rights Act, as amended; the Arizona Employment Protection Act, as amended; Arizona wage statutes; the Arizona Medical Marijuana Act; any other federal, state, or local constitution, statute, ordinance, or regulation; or any other theory of recovery including, but not limited, to claims for breach of contract, wrongful discharge, and any tort or other claim of personal injury, but excluding