exhibit 10. 13 termination agreement by and between 1. lifewatch gmbh 1. 1. lifewatch gmbh lifewatch gmbh che - i 09. 281. 219 baarerstrasse 139 6300 zug employer or company and 2. stephan rietiker 2. 2. stephan rietiker stephan rietiker obere rebhalde 29 6340 baar employee recital reference is made to the employment agreement between the employee and the company dated may 12, 2014, effective as of june 1, 2014 ( employment agreement ). the employee also serves as a director of the company and the company ’ s swiss subsidiaries, namely lifewatch turkey holding ag ( chb - 3 89. 239. 219 ) and lifewatch europe ag ( che - 109. 293. 323 ) together the directorships. the employer plans to close down its swiss operations as a result of the take - over, which has been completed by the end of 2017. based upon that, the employer and the employee enter into the following agreement in order to set forth the terms and conditions of the termination of the employment agreement by mutual consent in full and final settlement of any claim thereunder ( agreement ). the employee ’ s directorships shall continue and not be terminated by this agreement. 1. termination of employment agreement 1. 1. termination of employment agreement termination of employment agreement the employment relationship between the employer and the employee shall be terminated by mutual consent effective as of october 31, 2018 ( termination date ). an extension of the employment relationship beyond the termination date for any reason ( e. g. illness, accident ) is expressly excluded. as of october 31, 2018 the employee is released from the management of the company and from any obligation related to or in connection with the employment relationship, but shall remain a director of the company and the company ’ s subsidiaries. 2. directorships 2. 2. directorships directorships in consideration of the benefits received under this agreement, the employee agrees to continue to serve, without additional compensation, save as for out of pocket expenses, as a director of the company and the company ’ s subsidiaries after the termination date. employer will enter into a consulting agreement with employer, covering the employee ’ s directorship with the company and the company ’ s subsidiaries on or before the termination date. the consulting agreement shall deal with employee ’ s assignment as director of the company and the company ’ s subsidiaries, the respective responsibilities, tasks and confidentiality, and also cover certain ongoing matters