Common Contracts

2 similar Separation Agreement contracts by Furmanite Corp

Contract
Separation Agreement • May 5th, 2020 • Texas

EX-10.3 4 frm-ex103x20150930xq3.htm EXHIBIT 10.3 EXHIBIT 10.3 EXECUTION VERSION SEPARATION AGREEMENT This Separation Agreement (this “Agreement”), dated November 1, 2015 is made and entered into by and between Joseph E. Milliron (the “Executive”) and Furmanite Corporation (the “Company”): WHEREAS, concurrently with the execution of this Agreement, the Company has entered into the Agreement and Plan of Merger (the “Merger Agreement”) dated as of November 1, 2015 by and among the Company, Team, Inc. (the “Acquirer”) and TFA, Inc. (“Merger Sub”), a wholly-owned subsidiary of the Acquirer, pursuant to which Merger Sub will be merged with and into the Company (the “Merger”) with the Company continuing as the surviving corporation and a wholly-owned subsidiary of the Acquirer. WHEREAS, the Executive will retire from employment with the Company effective as of immediately following the execution of the Merger Agreement by all parties thereto on November 1, 2015 (the “Retirement Date”). WHEREA

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SEPARATION AGREEMENT
Separation Agreement • November 6th, 2015 • Furmanite Corp • Construction - special trade contractors • Texas

This Separation Agreement (this “Agreement”), dated November 1, 2015 is made and entered into by and between Joseph E. Milliron (the “Executive”) and Furmanite Corporation (the “Company”):

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