Employment Agreement of Steven J. KlingerEmployment Agreement • May 12th, 2006 • Smurfit Stone Container Corp • Paperboard mills • Illinois
This Employment Agreement (the “Agreement”) is effective as of May 11, 2006 (the “Effective Date”), by and between Smurfit-Stone Container Corporation (the “Company”) and Steven J. Klinger (the “Executive”).
Smurfit-Stone Container Corporation Letterhead] May 10, 2006Smurfit Stone Container Corp • May 12th, 2006 • Paperboard mills
This letter will set forth our understanding regarding the termination of the Employment Agreement dated August 1, 2000 (the “Employment”) between Smurfit-Stone Container Corporation (the “Company”) and you. It is understood and agreed that you are voluntarily resigning as Chief Operating Officer, effective today, and are assuming a management position with the purchaser of the Company’s Consumer Packaging Division (the “Purchaser”).
