Executive Severance Agreement Sample Contracts

WITNESSETH
Executive Severance Agreement • February 21st, 2008 • Trinity Industries Inc • Railroad equipment • Texas
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EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • November 4th, 2010 • Frontier Oil Corp /New/ • Petroleum refining • Texas

THIS EXECUTIVE SEVERANCE AGREEMENT (“Agreement”), effective as of June 1, 2010 (the Effective Date”), by and between Frontier Oil Corporation, a Wyoming corporation (the “Company”), and Paige A. Kester (the “Executive”).

AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • August 1st, 2016 • Cantel Medical Corp • Surgical & medical instruments & apparatus • New Jersey

This Amended and Restated Executive Severance Agreement (“Agreement”) is entered into, effective as of August 1, 2016, by and between Jorgen B. Hansen (“Executive”) and Cantel Medical Corp. (“Company”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • December 5th, 2023 • Lands' End, Inc. • Retail-family clothing stores • Wisconsin

This Executive Severance Agreement (“Agreement”) is made as of the 14th day of September, 2023, between Lands’ End, Inc., a Delaware corporation (together with its successors, assigns and Affiliates, the “Company”), and Bernard L. McCracken (“Executive”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • December 8th, 2008 • Zoll Medical Corp • Electromedical & electrotherapeutic apparatus • Massachusetts

AGREEMENT made as of this 11th day of November, 2008 by and between ZOLL Medical Corporation, a Massachusetts corporation with its principal place of business in Chelmsford, Massachusetts (the “Company”), and Jonathan Rennert of Concord, Massachusetts (the “Executive”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • March 8th, 2024 • Alerus Financial Corp • National commercial banks • North Dakota

This Executive Severance Agreement (“Agreement”) is made and entered into between Alerus Financial Corporation, a Delaware corporation (the “Company”), and Forrest Wilson (the “Employee”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • January 3rd, 2013 • Constant Contact, Inc. • Services-direct mail advertising services • Massachusetts

THIS EXECUTIVE SEVERANCE AGREEMENT (this “Agreement”) by and among Constant Contact, Inc., a Delaware corporation (the “Company”), and Kenneth J. Surdan (the “Executive”) is made effective as of June 21, 2012 (the “Effective Date”). Except where the context otherwise requires, the term “Company” shall include each of Constant Contact, Inc. and any of its present or future parent, subsidiary or other affiliated companies.

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • March 8th, 2021 • American National Bankshares Inc. • National commercial banks • Virginia

THIS EXECUTIVE SEVERANCE AGREEMENT, dated as of December 15, 2010 (the “Agreement”), is among AMERICAN NATIONAL BANKSHARES INC., a Virginia corporation (the “Parent”), AMERICAN NATIONAL BANK AND TRUST COMPANY, a national banking association (the “Company”), and CHARLES T. CANADAY, JR. (“Executive”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • March 21st, 2017 • Sears Holdings Corp • Retail-department stores • Illinois

By this Executive Severance Agreement dated March 24, 2016 (“Agreement”), Sears Holdings Corporation and its affiliates and subsidiaries (“Sears”), and Stephan H. Zoll (“Executive”), intending to be legally bound, and for good and valuable consideration, agree as follows:

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • March 2nd, 2010 • Nationwide Life Insurance Co • Life insurance • Ohio

This EXECUTIVE SEVERANCE AGREEMENT (the “Agreement”) is entered into as of May 1st, 2009, by and between Nationwide Mutual Insurance Company (the “Company”) and Stephen S. Rasmussen (“Executive”).

AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 17th, 2015 • Radisys Corp • Computer peripheral equipment, nec • Oregon
EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • November 2nd, 2023 • Altair Engineering Inc. • Services-prepackaged software • Michigan

THIS EXECUTIVE SEVERANCE AGREEMENT (as amended, restated, or otherwise modified from time to time, this “Agreement”), dated as of July 25, 2023 (the “Effective Date”), is entered into by and between Altair Engineering Inc., a Delaware corporation (the “Company”), and Ravi Kunju (the “Executive”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • September 1st, 2023 • Bath & Body Works, Inc. • Retail-women's clothing stores • Ohio

THIS EXECUTIVE SEVERANCE AGREEMENT (this “Agreement”) is made and entered into as of August 1, 2023 (the “Effective Date”), by and between Bath & Body Works, Inc. and on behalf of all of its subsidiaries and affiliates (collectively, the “Company”) and Eva Boratto (the “Executive”) (hereinafter collectively referred to as the “Parties”).

AMERICAN SUPERCONDUCTOR CORPORATION Executive Severance Agreement
Executive Severance Agreement • April 4th, 2017 • American Superconductor Corp /De/ • Motors & generators • Massachusetts

THIS EXECUTIVE SEVERANCE AGREEMENT by and between American Superconductor Corporation, a Delaware corporation (the “Company”), and John W. Kosiba (the “Executive”) is made as of January 13, 2012 (the “Effective Date”).

ARTICLE I
Executive Severance Agreement • May 15th, 2003 • Interpublic Group of Companies Inc • Services-advertising agencies • New York
EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 25th, 2021 • Simmons First National Corp • National commercial banks • Arkansas

THIS EXECUTIVE SEVERANCE AGREEMENT ("Agreement") made and entered into on the 25th day of October, 2019, by and between Simmons First National Corporation (the "Company"), an Arkansas corporation, and Matt Reddin ("Executive").

Contract
Executive Severance Agreement • May 9th, 2019 • Us Concrete Inc • Concrete products, except block & brick • Delaware
EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • May 8th, 2009 • Us Concrete Inc • Concrete products, except block & brick • Texas

This Executive Severance Agreement (“Agreement”), including the attached Exhibit “A,” which is incorporated herein by reference and made an integral part of this Agreement, is entered into between U.S. Concrete, Inc., a Delaware corporation (the “Company”), and Michael L. Gentoso (“Executive”). This Agreement is effective as of July 31, 2007 (the “Effective Date”). The Company and Executive agree as follows:

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 7th, 2020 • Care.com Inc • Services-personal services • Massachusetts

This Executive Severance Agreement (“Agreement”) is made effective as of February 7, 2020 (“Effective Date”), by and between Care.com, Inc. (the “Company”) and Michael Goss (“Executive”). This Agreement shall terminate automatically in the event of the termination of the Merger Agreement (as defined below) prior to the consummation of the transactions contemplated thereunder.

AMENDMENT NO. 1 TO EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 23rd, 2024 • Teladoc Health, Inc. • Services-offices & clinics of doctors of medicine

This Amendment No. 1 to Executive Severance Agreement (this “Amendment”), by and between Teladoc Health, Inc., a Delaware corporation (“Teladoc” or the “Company”), and

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EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • December 22nd, 2011 • Orchard Supply Hardware Stores Corp • Retail-building materials, hardware, garden supply • California

By this Executive Severance Agreement dated and effective as of December 19, 2011 (“Agreement”), Orchard Supply Hardware Stores Corporation and its parents, affiliates and subsidiaries (“OSH” or the “Company”) and Chris Newman (“Executive”), intending to be legally bound, and for good and valuable consideration, agree as follows:

Executive Severance Agreement
Executive Severance Agreement • February 14th, 2020 • Weyerhaeuser Co • Real estate investment trusts

THIS EXECUTIVE SEVERANCE AGREEMENT is made and entered into by and between Weyerhaeuser Company (hereinafter referred to as the “Company”) and _____________.

PERSONALIS, INC. THIRD AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 28th, 2024 • Personalis, Inc. • Services-medical laboratories • California

This Third Amended and Restated Executive Severance Agreement (the “Agreement”), effective as of September 25, 2023, amends, supersedes and restates in its entirety that certain Second Amended and Restated Executive Severance Agreement by and between Aaron Tachibana (“Executive”) and Personalis, Inc. (the “Company”) dated March 7, 2023. This Agreement is intended to provide Executive with certain benefits described herein upon the occurrence of specific events.

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • March 15th, 2005 • Mercantile Bankshares Corp • State commercial banks • Maryland

AGREEMENT by and between Mercantile Bankshares Corporation (“Mercshares”), and Alexander T. Mason (the “Executive”), effective as of the 5th day of November, 2003.

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • December 1st, 2022 • Lands' End, Inc. • Retail-family clothing stores • Wisconsin

This Executive Severance Agreement (“Agreement”) is made effective as of the 6th day of September, 2022 (the “Effective Date”), between Lands’ End, Inc., a Delaware corporation (together with its successors, assigns and Affiliates, the “Company”), and Andrew McLean (“Executive”).

FIRST AMENDMENT TO THE EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • August 9th, 2006 • Plug Power Inc • Electrical industrial apparatus • New York

This First Amendment to the Executive Severance Agreement (this “Amendment”) is entered into as of June 29, 2006 by and between Plug Power Inc., a Delaware corporation (the “Company”), and Jos van der Hyden, as (the “Executive”).

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 27th, 2009 • Hexcel Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers • Connecticut

This EXECUTIVE SEVERANCE AGREEMENT between HEXCEL CORPORATION, a Delaware corporation with offices at Stamford, Connecticut (the “Company”), and Doron D. Grosman (the “Executive”), is dated February 23, 2009.

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • February 24th, 2021 • Saia Inc • Trucking (no local)

WHEREAS, the Compensation Committee of the Board of Directors (the “Board”) of Saia has recommended, and the Board has approved, Saia entering into severance agreements with key executives of Saia and its Subsidiaries (hereinafter sometimes collectively referred to as the “Corporation”); and

STANDARD EXECUTIVE SEVERANCE AGREEMENT BETWEEN DSW INC. AND THOMAS JESSEP
Executive Severance Agreement • May 1st, 2020 • Designer Brands Inc. • Retail-shoe stores • Ohio

This Standard Executive Severance Agreement (“Agreement”) by and between DSW Inc. (“Company”) and Thomas Jessep (“Executive”), collectively, the “Parties,” is effective as of the date signed (“Effective Date”) and supersedes and replaces any other oral or written employment-related agreement between the Executive and the Company.

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • May 6th, 2016 • Mast Therapeutics, Inc. • Pharmaceutical preparations • California

This Executive Severance Agreement (“Agreement”) is dated March 23, 2016 (“Effective Date”), and is between Edwin L. Parsley (“Executive”) and Mast Therapeutics, Inc., a Delaware corporation (“Company”). Each of the Company and Executive are a “Party” and, collectively, they are the “Parties.” Any capitalized but undefined term in this Agreement shall have the meaning assigned to it in Section 3 of this Agreement.

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