CHEMTURA CORPORATION Middlebury, CT 06749Chemtura Corporation • December 16th, 2008 • Chemtura CORP • Plastic material, synth resin/rubber, cellulos (no glass)
As we have discussed, your employment with Chemtura Corporation (the “Company”) will terminate effective as of December 8, 2008 (the “Separation Date”). The purpose of this letter (the “Agreement”) is to serve as a “Notice of Termination,” as such term is defined in the Employment Agreement between you and the Company, dated April 1, 2006 (the “Employment Agreement”), indicating your resignation from all positions at the Company, its subsidiaries and affiliates, including your resignation from the positions of President, Chief Executive Officer and Chairman of the Company, and to confirm the agreement between you and the Company concerning your severance arrangements, as follows:
