Rosetta Stone 2011 Annual Report Download - page 220

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Exhibit 10.29
September 16, 2011
REVISED October 3, 2011
Helena Wong
1800 N Oak Street
Apt. 907
Arlington, VA 22209
Dear Helena,
This letter will serve as confirmation that your employment with Rosetta Stone Ltd. (the "Company") is being terminated. Set forth in
this letter and the attached Legal Release (Exhibit A) (collectively, the "Agreement") is the complete agreement between you and the
Company regarding the terms of your separation from employment.
Separation Date
Your employment with the Company will terminate at the close of business on October 17, 2011 (your "Separation Date"). The
Company, in its sole discretion, reserves the right to change your Separation Date, but you will be notified in writing of any such
change.
Vacation
On the next regularly scheduled pay date following your Separation Date, or sooner if required by law, you will receive a check for all
unpaid wages and, if applicable, any unused vacation or paid time off which has accrued to your account pursuant to Company
policies through your Separation Date (i.e. 131.94 hours), less applicable deductions and withholdings.
Health Benefits
If you or your covered dependents are covered under the Company's group health insurance (medical, dental, and/or vision), that
coverage will continue through the end of the month in which your Separation Date occurs or until such coverage terminates in
accordance with the terms of the governing plan documents. Following your Separation Date, you will receive separate information
regarding your rights under the Consolidated Omnibus Budget Reconciliation Act ("COBRA") to continue your group coverage after
your Separation Date for yourself and any covered dependents, as applicable. This information will describe the rules related to
continuation of coverage under COBRA, the cost for you or your covered dependents to continue coverage, and a COBRA election
form.
Separation Agreement and Release
1