FIRST AMENDMENT TO THE RECEIVABLES PURCHASE AGREEMENTReceivables Purchase Agreement • February 1st, 2013 • Meritor Inc • Motor vehicle parts & accessories
This FIRST AMENDMENT TO THE RECEIVABLES PURCHASE AGREEMENT (this “Amendment”), dated as of December 14, 2012, is entered into by and among the following parties:
December 14, 2012Meritor Inc • February 1st, 2013 • Motor vehicle parts & accessories
Subject: Mutually Agreed Upon SeparationMeritor Inc • February 1st, 2013 • Motor vehicle parts & accessories
This letter confirms your acceptance of a separation package from Meritor, Inc (“Meritor” or the “Company”). The decision was reached after consideration of a number of factors, including your service with Meritor and its predecessor. Both parties expressly agree that your acceptance of this agreement is completely voluntary. You and the Company have agreed to enter into this agreement pursuant to the following terms and conditions and consideration:
