Common Contracts
2 similar Transition Agreement contracts by Deluxe Corp
ContractTransition Agreement • May 5th, 2020
EX-10.1 2 s002231x1_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 TRANSITION AGREEMENT THIS TRANSITION AGREEMENT (“Agreement”), effective as of April 25, 2018 (“Effective Date”), is entered into by and between Deluxe Corporation, a Minnesota corporation, whose address is 3680 Victoria Street North, Shoreview, MN 55126 (the “Company”) and LEE J. SCHRAM, an individual (“Executive”). WHEREAS, Executive is currently employed as the Chief Executive Officer of the Company, pursuant to an Employment Agreement dated as of April 10, 2006 (the “Employment Agreement”) and an Executive Retention Agreement dated as of August 8, 2007 (which includes protections in the event of a change in control) (the “Retention Agreement”); WHEREAS, Executive has announced his intent to retire, and the Company and Executive have agreed upon a smooth transition of Executive’s employment with the Company, according to the terms and conditions of this Agreement; WHEREAS, the Company and Executive have agreed to a transition p
TRANSITION AGREEMENTTransition Agreement • April 26th, 2018 • Deluxe Corp • Blankbooks, looseleaf binders & bookbindg & relatd work • Minnesota
