EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENTEmployment and Severance Agreement • June 13th, 2017 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin
This Executive Employment and Severance Agreement (“Agreement”) is between the Executive named above (“Executive”), on the one hand, and Orion Energy Systems, Inc. (“Orion” and, together with its subsidiaries, the “Company”), on the other.
ContractOrion Energy Systems, Inc. • June 13th, 2017 • Electric lighting & wiring equipment
As a follow-up to our previous conversation, we have mutually agreed to modify the severance benefits that may become payable to you pursuant to your existing executive employment and severance agreement, dated October 5, 2015 (“Employment Agreement”) by amending the employment agreement to insert the following provision after the first sentence of Section 5(c):
JOHN H. SCRIBANTE MUTUAL TERMINATION AND SEVERANCE AGREEMENT AND COMPLETE AND PERMANENT MUTUAL RELEASE OF ALL CLAIMSMutual Termination and Severance Agreement and Complete and Permanent • June 13th, 2017 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin
THIS MUTUAL TERMINATION AND SEVERANCE AGREEMENT AND COMPLETE AND PERMANENT MUTUAL RELEASE OF ALL CLAIMS (“Agreement and Release”) is made by and between ORION ENERGY SYSTEMS, INC. (“Company”) and JOHN H. SCRIBANTE (“Scribante”) and is executed as of June 8, 2017.
