Common use of Severance Consideration Clause in Contracts

Severance Consideration. In connection with Xx. Xxxxxxx’x termination, MEMC and Xx. Xxxxxxx have agreed to settle all matters relating to Xx. Xxxxxxx’x employment relationship with MEMC and the termination of such relationship. In exchange for Xx. Xxxxxxx’x promises and obligations herein, the parties agree as follows:

Severance Consideration. In connection with Xx. Xxxxxxx’x Xxxxxx’x termination, MEMC and Xx. Xxxxxxx Xxxxxx have agreed to settle all matters relating to Xx. Xxxxxxx’x Xxxxxx’x employment relationship with MEMC and the termination of such relationship. In exchange for Xx. Xxxxxxx’x Xxxxxx’x promises and obligations herein, the parties agree as follows: