SEPARATION AGREEMENTSeparation Agreement • May 4th, 2016 • AeroVironment Inc • Aircraft • California
In connection with the termination of my employment with AeroVironment, Inc. (the “Company”), and to assist me with my transition to retirement, I, Cathleen S. Cline, am being offered a special payment of money and the opportunity to enter into a Consulting Agreement which will permit continued vesting of my stock options and restricted stock awards during the term of that Consulting Agreement. I understand that to receive this special payment and to be offered the Consulting Agreement I must sign this Agreement. I have been advised to carefully consider everything that is written in this Agreement before signing it.
Re: Consulting Agreement with AeroVironment, Inc. Dear Cathy:AeroVironment Inc • May 4th, 2016 • Aircraft • California
We are pleased to send this letter setting forth the consulting agreement between AeroVironment, Inc. (the “Company”) and you (“Consultant”). To confirm your acceptance of the Company’s offer of engagement and your agreement to abide by the provisions it sets forth, please sign this letter agreement in the space indicated below.
