Contract analysis

I. Identification of Counsel and Client This firm represents Cascade Retail Holdings Inc. ("CRH" or "Cascade"), a corporation organized and existing under the laws of the State of Delaware, with its principal place of business at 2200 Elliott Avenue West, Suite 3400, Seattle, Washington 98119. Cascade is a publicly traded company whose common stock is listed on the Nasdaq Stock Market under the ticker symbol "CRHL."

II. Background — Employment Relationship and Covenant Obligations During the course of your employment with CRH, you entered into an Employment Agreement (the "Employment Agreement") with CRH on the date set forth in the Annex attached hereto corresponding to your name. The Employment Agreement, which is governed by the laws of the State of Delaware, contains a number of provisions that are material to the matters ad

III. Factual Recitation — Coordinated Departure CRH has determined, through its internal investigation and through publicly available information, the following facts, which give rise to the demands and the reservation of rights set forth in this letter. On February 7, 2025, at approximately 4:47 PM Pacific Standard Time, you submitted a resignation letter to CRH via electronic mail. Your resignation was stated to be

IV. Access to Confidential Information and Trade Secrets During the course of your employment with CRH, and by virtue of your position within CRH's merchandising division, you were entrusted with access to highly confidential and proprietary business information, the unauthorized use or disclosure of which would cause CRH substantial and irreparable competitive harm. This confidential information includes, but is not

V. Specific Demands In light of the foregoing, CRH, through its counsel Calderwood & Harkness LLP, hereby demands that you take the following actions immediately and without delay: A. Immediate Cessation of Competing Employment You must immediately cease all employment, consulting, advisory, independent contractor, or other service arrangements with Verdana Commerce Group, Inc., and with any other entity that compete

VI. Reservation of Rights and Legal Consequences CRH expressly reserves all rights, claims, and remedies available to it at law and in equity, whether arising under your Employment Agreement, under Delaware statutory law, under federal law, or under any other applicable legal authority. Without limiting the generality of the foregoing, CRH's reserved rights and remedies include, but are not limited to: (a) Injunctive

VII. Direction to Retain Counsel and Communicate Through Counsel CRH strongly recommends that you retain experienced legal counsel to advise you regarding your obligations under the Employment Agreement and your legal exposure in connection with the matters described in this letter. If you have retained legal counsel, or when you do so, please direct your counsel to contact the undersigned immediately so that all fut

VIII. Closing CRH expects your prompt and full compliance with each of the demands set forth in this letter. CRH has a strong preference for resolving this matter without the necessity of protracted and costly litigation and sincerely hopes that you will take the steps necessary to come into compliance with your contractual obligations immediately. However, CRH wishes to make clear that its willingness to afford you