Executive Severance Agreement Sample Contracts

Fmc Corp – FMC Corporation Amended and Restated Executive Severance Agreement THIS AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT is made and entered into as of the 15th day of May, 2018 (the “Effective Date”) by and between FMC Corporation (hereinafter referred to as the “Company”) and Andrew D. Sandifer (hereinafter referred to as the “Executive”) (the “Agreement”). WHEREAS, the Executive is currently a party to an Executive Severance Agreement with the Company dated November 6, 2012 (the “Prior Agreement”); and WHEREAS, the Executive and the Company desire that this Agreement replace and supersede (February 28th, 2019)
Ironwood Pharmaceuticals Inc – IRONWOOD PHARMACEUTICALS, INC. [AMENDED & RESTATED] EXECUTIVE SEVERANCE AGREEMENT (February 25th, 2019)

This [Amended & Restated] Executive Severance Agreement (this “Agreement”) is made as of the day of [  ]1, (the “Effective Date”) by and between Ironwood Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and [  ] (the “Executive”).

Trimble Inc. – TRIMBLE INC. EXECUTIVE SEVERANCE AGREEMENT (February 22nd, 2019)

THIS EXECUTIVE SEVERANCE AGREEMENT (this “Agreement”), effective on the date of last signature, is entered into by and between Trimble Inc., a Delaware corporation (the “Company”), and Steven Berglund (the “Executive”).

Cerner Corp /Mo/ – CERNER EXECUTIVE SEVERANCE AGREEMENT (February 8th, 2019)

This Cerner Executive Severance Agreement (this “Executive Severance Agreement”), effective as of December 14, 2017 (the “Effective Date”), is a supplement to and amendment of the employment agreement dated July 14, 2003 between John T. Peterzalek (“you”/“your”) and Cerner Corporation, a Delaware corporation (“Cerner”).

Cullen/Frost Bankers, Inc. – AMENDMENT TO CULLEN/FROST BANKERS, INC. EXECUTIVE SEVERANCE AGREEMENT (February 6th, 2019)

WHEREAS, the Company and the Executive have agreed to amend the Agreement, effective as of [MONTH] [DAY], [YEAR] (the “Effective Date”) to eliminate the provisions of the Agreement providing for gross up of excise taxes imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”) and to provide for cutback of amounts under the Plan so that payments to an individual do not exceed the safe harbor amount under Section 280G of the Code if such cutback would put the Executive in a net better after-tax position than paying the excise tax.

Cullen/Frost Bankers, Inc. – Cullen/Frost Bankers, Inc. Executive Severance Agreement (February 6th, 2019)

THIS AGREEMENT is made and entered into as of the [DAY] day of [MONTH], [YEAR], by and between Cullen/Frost Bankers, Inc. (hereinafter referred to as the “Company”) and [NAME] (hereinafter referred to as the “Executive”).

Cullen/Frost Bankers, Inc. – Cullen/Frost Bankers, Inc. Executive Severance Agreement (February 6th, 2019)

THIS AGREEMENT is made and entered into as of the [DAY] day of [MONTH], [YEAR], by and between Cullen/Frost Bankers, Inc. (hereinafter referred to as the “Company”) and [NAME] (hereinafter referred to as the “Executive”).

Cyclerion Therapeutics, Inc. – CYCLERION THERAPEUTICS, INC. EXECUTIVE SEVERANCE AGREEMENT (January 28th, 2019)

This Executive Severance Agreement (this “Agreement”) is made as of the day of [  ], (the “Effective Date”) by and between Cyclerion Therapeutics, Inc., a Massachusetts corporation (the “Company”), and [  ] (the “Executive”).

Cyclerion Therapeutics, Inc. – CYCLERION THERAPEUTICS, INC. EXECUTIVE SEVERANCE AGREEMENT (January 7th, 2019)

This Executive Severance Agreement (this “Agreement”) is made as of the day of [  ], (the “Effective Date”) by and between Cyclerion Therapeutics, Inc., a Massachusetts corporation (the “Company”), and [  ] (the “Executive”).

Ironwood Pharmaceuticals Inc – IRONWOOD PHARMACEUTICALS, INC. [AMENDED & RESTATED] EXECUTIVE SEVERANCE AGREEMENT (November 6th, 2018)

This [Amended & Restated] Executive Severance Agreement (this “Agreement”) is made as of the day of [  ], (the “Effective Date”) by and between Ironwood Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and [  ] (the “Executive”).

Weyerhaeuser Co – Executive Severance Agreement (Tier I) (October 26th, 2018)

THIS EXECUTIVE SEVERANCE AGREEMENT (Tier I) is made and entered into by and between Weyerhaeuser Company (hereinafter referred to as the “Company”) and Devin W. Stockfish (hereinafter referred to as the “Executive”) shall be effective January 1, 2019, or such other date on which Mr. Stockfish assumes the position of president and chief executive officer of the Company (“Effective Date”).

Hexcel Corp /De/ – AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT (October 22nd, 2018)

This Amendment to the AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT of December 31, 2008 (“Amendment”) between HEXCEL CORPORATION, a Delaware corporation with its principal place of business in Stamford, Connecticut (the "Company"), and Robert G. Hennemuth (the "Executive"), is effective as of June 1, 2018.

Livent Corp. – FORM OF EXECUTIVE SEVERANCE AGREEMENT (October 1st, 2018)

This EXECUTIVE SEVERANCE AGREEMENT is made and entered into as of [●] (the “Effective Date”), by and between Livent Corporation, a Delaware corporation (hereinafter referred to as the “Company”) and [●] (hereinafter referred to as the “Executive”) (this “Agreement”).

Ingredion Inc – Ingredion Incorporated Amended and Restated Executive Severance Agreement (August 3rd, 2018)

Amended and Restated Agreement, made this _th day of June 2018, by and between Ingredion Incorporated, a Delaware corporation (the “Company”), and                     (the “Executive”), amending and restating the agreement between the parties dated ________ __, 2___ to be and read in its entirety  as follows.

Ingredion Inc – Ingredion Incorporated Amended and Restated Executive Severance Agreement (August 3rd, 2018)

Amended and Restated Agreement, made this _th day of June 2018, by and between Ingredion Incorporated, a Delaware corporation (the “Company”), and                        (the Executive”), amending and restating the agreement between the parties dated ________ __, 2___ to be and read in its entirety  as follows.

Hexcel Corp /De/ – AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT (July 23rd, 2018)

This Amendment to the AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT of December 31, 2008 (“Amendment”) between HEXCEL CORPORATION, a Delaware corporation with its principal place of business in Stamford, Connecticut (the "Company"), and Robert G. Hennemuth (the "Executive"), is effective as of June 1, 2018.

Rcm Technologies Inc – EXECUTIVE SEVERANCE AGREEMENT (June 7th, 2018)

THIS EXECUTIVE SEVERANCE AGREEMENT (this "Agreement"), dated as of June 1, 2018, is made and entered by and between RCM Technologies, Inc., a Nevada corporation (the "Company"), and Bradley S. Vizi (the "Executive").

American Superconductor Corp /De/ – AMERICAN SUPERCONDUCTOR CORPORATION First Amendment to Amended and Restated Executive Severance Agreement (June 6th, 2018)

This First Amendment to Amended and Restated Executive Severance Agreement (“Amendment”) by and between American Superconductor Corporation, a Delaware corporation (the “Company”), and James F. Maguire (the “Executive”) is made as of April 6, 2018.

Achaogen Inc – ACHAOGEN, INC. EXECUTIVE SEVERANCE AGREEMENT (May 7th, 2018)

This Executive Severance Agreement (the “Agreement”) is made and entered into by and between [________] (“Executive”) and Achaogen, Inc. (the “Company”), effective as of the latest date set forth by the signatures of the parties hereto below (the “Effective Date”).

Invuity, Inc. – INVUITY, INC. EXECUTIVE SEVERANCE AGREEMENT (May 4th, 2018)

This Executive Severance Agreement (the “Agreement”) is entered into by and between Invuity, Inc. (the “Company”), and Andy Sale (“Executive”) as of the date set forth on the signature page below (the “Effective Date”).

Enservco Corp – EXECUTIVE SEVERANCE AGREEMENT (April 30th, 2018)

This Executive Severance Agreement (“Agreement”) is hereby entered into as of April 27, 2018 by and between ENSERVCO CORPORATION (the “Company”) and AUSTIN PEITZ (the “Executive”), who are collectively referred to herein as the “Parties” and each as a “Party.”

Rcm Technologies Inc – AMENDMENT NO. 1 TO THE EXECUTIVE SEVERANCE AGREEMENT (March 8th, 2018)

THIS AMENDMENT NO. 1 (the "Amendment") is made effective as of the 26th day of December 2017, by and between RCM Technologies, Inc., a Nevada corporation (hereinafter the "Company") and Rocco Campanelli (hereinafter the "Executive" and together with the Company, the "Parties").

Rcm Technologies Inc – AMENDMENT NO. 1 TO THE EXECUTIVE SEVERANCE AGREEMENT (March 8th, 2018)

THIS AMENDMENT NO. 1 (the "Amendment") is made effective as of the 26th day of December 2017, by and between RCM Technologies, Inc., a Nevada corporation (hereinafter the "Company") and Kevin D. Miller (hereinafter the "Executive" and together with the Company, the "Parties").

Radius Health, Inc. – EXECUTIVE SEVERANCE AGREEMENT (March 1st, 2018)

This Executive Severance Agreement (“Agreement”) is made effective as of [DATE] (“Effective Date”), by and between Radius Health, Inc. (the “Company”) and [NAME] (“Executive”).

Realogy Group Llc – REALOGY HOLDINGS CORP. EXECUTIVE SEVERANCE AGREEMENT (February 27th, 2018)

THIS SEVERANCE AGREEMENT (this “Agreement”) is hereby entered into as of October 13, 2016, by and between Realogy Holdings Corp. (the “Company”) and John Peyton (“Executive”) (hereinafter collectively referred to as the “Parties”).

Teladoc, Inc. – EXECUTIVE SEVERANCE AGREEMENT (February 27th, 2018)

This Executive Severance Agreement (“Agreement”) is made effective as of July 17, 2017 (“Effective Date”), by and between Teladoc, Inc. (the “Company”) and Mr. Peter McClennen, an individual resident in the Commonwealth of Massachusetts (“Executive”).

Teladoc, Inc. – AMENDMENT NO. 1 TO EXECUTIVE SEVERANCE AGREEMENT (February 27th, 2018)

This Amendment No. 1 to Executive Severance Agreement (this “Amendment”), by and between Teladoc, Inc., a Delaware corporation (“Teladoc”), and Mr. Peter McClennen, an individual resident in the Commonwealth of Massachusetts (“Executive”), is made as of November 1, 2017.

SpartanNash Co – Schedule to Notes in Form of Executive Severance Agreement (February 26th, 2018)

This Agreement (the “Trust Agreement”) is made this ____ day of ________, 20__, by and between SpartanNash Company (the “Company”), a Michigan corporation, and _____________ (“Trustee”).

SpartanNash Co – EXECUTIVE SEVERANCE AGREEMENT (February 26th, 2018)
Ingredion Inc – Ingredion Incorporated Executive Severance Agreement (February 21st, 2018)

Agreement, made this _1st___ day of __March________________, 2016, by and between Ingredion Incorporated, a Delaware corporation (the “Company”), and Stephen K. Latreille (the “Executive”).

Cullen/Frost Bankers, Inc. – Cullen/Frost Bankers, Inc. Executive Severance Agreement (February 7th, 2018)

THIS AGREEMENT is made and entered into as of the [DAY] day of [MONTH], [YEAR], by and between Cullen/Frost Bankers, Inc. (hereinafter referred to as the “Company”) and [NAME] (hereinafter referred to as the “Executive”).

Cullen/Frost Bankers, Inc. – Cullen/Frost Bankers, Inc. Executive Severance Agreement (February 7th, 2018)

THIS AGREEMENT is made and entered into as of the [DAY] day of [MONTH], [YEAR], by and between Cullen/Frost Bankers, Inc. (hereinafter referred to as the “Company”) and [NAME] (hereinafter referred to as the “Executive”).

Cullen/Frost Bankers, Inc. – AMENDMENT TO CULLEN/FROST BANKERS, INC. EXECUTIVE SEVERANCE AGREEMENT (February 7th, 2018)

WHEREAS, the Company and the Executive have agreed to amend the Agreement, effective as of [MONTH] [DAY], [YEAR] (the “Effective Date”) to eliminate the provisions of the Agreement providing for gross up of excise taxes imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”) and to provide for cutback of amounts under the Plan so that payments to an individual do not exceed the safe harbor amount under Section 280G of the Code if such cutback would put the Executive in a net better after-tax position than paying the excise tax.

Pier 1 Imports Inc/De – EXECUTIVE SEVERANCE AGREEMENT (January 31st, 2018)

By this Executive Severance Agreement dated January 25, 2018 (“Agreement”), Pier 1 Imports, Inc. and its affiliates and subsidiaries (herein “Pier 1 Imports” and/or “Company”), and Nancy A. Walsh (“Executive”), intending to be legally bound, and for good and valuable consideration, agree as follows:

US Foods Holding Corp. – AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT (January 8th, 2018)

This Amended and Restated Executive Severance Agreement (the “Agreement”), effective as of the date set forth on the signature page below (the “Effective Date”) is made and entered into by and between US Foods, Inc. (the “Employer” or the “Company”) and [_____________] (the “Executive”).