On January 13, 2017, Presbia PLC and Vladimir Feingold, Chief Technology Officer and a director of the company reached a mutual agreement by which Mr. Feingold resigned as Chief Technology Officer and transitioned to become a consultant effective as of January 13, 2017. Mr. Feingold will continue to serve as a member of the company's board of directors. In connection with Mr. Feingold's resignation, the company and Mr. Feingold entered into a Separation and General Release Agreement and a Consulting Agreement.