Management Severance Agreement Sample Contracts

Benchmark Electronics Inc – KEY MANAGEMENT SEVERANCE AGREEMENT (December 11th, 2017)

This Key Management Severance Agreement, dated as of ______ (the “Agreement”), is hereby entered into by and between _____________ (the “Employee”) and Benchmark Electronics, Inc., a Texas corporation (the “Company”).

Owens Corning – AMENDMENT TO KEY MANAGEMENT SEVERANCE AGREEMENT (April 22nd, 2015)

This Amendment (the “Amendment”) is made and entered into as of this 16th day of April, 2015 by and between Owens Corning, a Delaware corporation and its subsidiaries, (the “Company”), and Michael H. Thaman (the “Executive”), as an amendment to the Key Management Severance Agreement between the Company and the Executive (the “Agreement”) dated February 20, 2006 and subsequently amended as of December 31, 2010.

Sun Bancorp Inc /Nj/ – SUN NATIONAL BANK MANAGEMENT SEVERANCE AGREEMENT (March 16th, 2015)

THIS MANAGEMENT SEVERANCE AGREEMENT (“Agreement”) entered into this 3rd day of July, 2014 (“Effective Date”), by and between Sun National Bank (the “Bank”) and Alberino J. Celini (the “Executive”).

Sun Bancorp Inc /Nj/ – SUN NATIONAL BANK MANAGEMENT SEVERANCE AGREEMENT (March 16th, 2015)

THIS MANAGEMENT SEVERANCE AGREEMENT (“Agreement”) entered into this 4th day of February, 2014 (“Effective Date”), by and between Sun National Bank (the “Bank”) and Thomas R. Brugger (the “Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 12th, 2014)

This Severance Agreement (the “Agreement”) is made as of <<Date>> by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and «FirstName» «MI» «LastName», an officer of the Company (“Executive”).

Donaldson Co Inc – MANAGEMENT SEVERANCE AGREEMENT (October 4th, 2012)

THIS AGREEMENT, dated as of _________________, is made by and between Donaldson Company, Inc., a Delaware corporation (the “Company”), and ______________ (the “Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 17th, 2010)

This Severance Agreement (the “Agreement”) is made as of December 1, 2008 by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and Karel Czanderna, an officer of the Company (“Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 18th, 2009)

This Severance Agreement (the “Agreement”) is made as of December 1, 2008 by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and Charles E. Dana, an officer of the Company (“Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 18th, 2009)

This Severance Agreement (the “Agreement”) is made as of December 1, 2008 by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and Stephen K. Krull, an officer of the Company (“Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 18th, 2009)

This Severance Agreement (the “Agreement”) is made as of December 1, 2008 by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and David L. Johns, an officer of the Company (“Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 18th, 2009)

This Severance Agreement (the “Agreement”) is made as of December 1, 2008 by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and Sheree L. Bargabos, an officer of the Company (“Executive”).

Donaldson Co Inc – MANAGEMENT SEVERANCE AGREEMENT (June 3rd, 2008)

THIS AGREEMENT, dated as of [__________], 2008, is made by and between Donaldson Company, Inc., a Delaware corporation (the “Company”), and [__________] (the “Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 27th, 2008)

This Severance Agreement (the “Agreement”) is made as of October 1, 2002 by and between OWENS CORNING, a Delaware corporation (the “Company”), and Sheree L. Bargabos, an officer of the Company (“Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 27th, 2008)

This Severance Agreement (the “Agreement”) is made as of September 15, 2007 by and between OWENS CORNING, a Delaware corporation (the “Company”), and Duncan John Palmer, an officer of the Company (“Executive”).

Mosaic Co – SENIOR MANAGEMENT SEVERANCE AGREEMENT (August 11th, 2006)

This Senior Management Severance Agreement (“Agreement”) is made and entered into effective as of                                  (“Agreement Date”) between THE MOSAIC COMPANY (the “Company”), having its principal place of business in Minnesota, and                      (“Employee”), a resident of                     , for the purpose of providing for certain benefits in the event of termination of Employee’s employment by the Company without Cause or by Employee for Good Reason, according to the terms, conditions, and obligations set forth below.

Mosaic Co – SENIOR MANAGEMENT SEVERANCE AGREEMENT (August 11th, 2006)

This Senior Management Severance Agreement (“Agreement”) is made and entered into effective as of [ENTER DATE] (“Agreement Date”) between THE MOSAIC COMPANY (the “Company”), having its principal place of business in Minnesota, and [NAME IN ALL CAPS] (“Employee”), a resident of [ENTER CITY AND STATE], for the purpose of providing for certain benefits in the event of termination of Employee’s employment by the Company without Cause or by Employee for Good Reason, according to the terms, conditions, and obligations set forth below.

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 22nd, 2006)

This Amended and Restated Severance Agreement (the “Agreement”) is made as of February 20, 2006 by and between OWENS CORNING, a Delaware corporation (the “Company”), and David T. Brown, an officer of the Company (“Executive”).

Se Financial Corp – MANAGEMENT SEVERANCE AGREEMENT THIS MANAGEMENT SEVERANCE AGREEMENT ("Agreement") entered into this 1st day of September 2005 ("Effective Date"), by, between and among St. Edmond's Federal Savings Bank (the "Bank"), SE Financial Corp., the parent company of the Bank ("Parent") and __________ (the "Employee"). WHEREAS, Employee is currently employed by the Bank as _________ and is experienced in certain phases of the business of the Bank; and WHEREAS, in order to give Employee greater economic security in a time where consolidation of financial institutions is commonplace; and WHEREAS, the Bank (September 2nd, 2005)
Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (March 8th, 2005)

This Severance Agreement (the “Agreement”) is made as of January 1, 2004 by and between OWENS CORNING, a Delaware corporation (the “Company”), and Joseph C. High, an officer of the Company (“Executive”).

Lancer Corp /Tx/ – LANCER CORPORATION MANAGEMENT SEVERANCE AGREEMENT (September 17th, 2004)

THIS AGREEMENT is made and entered into as of September 15, 2004, by and between Lancer Corporation, a Texas corporation (“Lancer”), and Christopher D. Hughes (“Executive”);

Lancer Corp /Tx/ – LANCER CORPORATION MANAGEMENT SEVERANCE AGREEMENT (September 17th, 2004)

THIS AGREEMENT is made and entered into as of September 15, 2004, by and between Lancer Corporation, a Texas corporation (“Lancer”), and Mark L. Freitas (“Executive”);

Ten Stix Inc – AMENDMENT This Amendment (the "Amendment") is made this 26th day of August, 2004, by and between Ten Stix, Inc., a Nevada Corporation, (hereinafter referred to as the "Corporation"), and Robert C. Brehm (hereinafter referred to as "Brehm") RECITALS A. Whereas, on June 30, 2004, the Corporation executed a promissory note in favor of Brehm in the principal amount of $15,000 to evidence the loan made by Brehm to the Corporation. Pursuant to the terms of the promissory note, Brehm, at his option could elect to convert the note into the 37,764,600 shares of common stock which the Corporation was re (September 3rd, 2004)
Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (February 23rd, 2004)

This Severance Agreement (the “Agreement”) is made as of July 7, 2000 by and between OWENS CORNING, a Delaware corporation (the “Company”), and Charles E. Dana, an officer of the Company (“Executive”).

Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (March 28th, 2003)

This Severance Agreement (the “Agreement”) is made as of October 1, 2002 by and between OWENS CORNING, a Delaware corporation (the “Company”), and George E. Kiemle, an officer of the Company (“Executive”).

Condor Technology Solutions Inc – SECOND ADDENDUM TO EXECUTIVE MANAGEMENT SEVERANCE AGREEMENT AND CONVERSION TO EXECUTIVE RETENTION AGREEMENT (November 15th, 2002)

SECOND ADDENDUM, dated as of September 1, 2002, to Executive Management Severance Agreement dated August 11, 1999, between John F. McCabe, (the “Executive”) residing at 10700 Schindel Court, Great Falls, Virginia 22066, and Condor Technology Solutions, Inc., a Delaware corporation (the “Company” or “Condor”), with offices at 2745 Hartland Road, Falls Church, Virginia 22043, which was amended by an ADDENDUM, dated as of December 31, 2001 (together the “Agreement”).

Owens Corning – Exhibit (10) KEY MANAGEMENT SEVERANCE AGREEMENT This Severance Agreement (the "Agreement") is made as of November 24, 1998 by and between OWENS CORNING, a Delaware corporation (the "company"), and Michael H. Thaman, an officer of the Company ("Executive"). WHEREAS the Company and Executive have previously entered into a Severance Agreement dated as of April 4, 1997 (the "Prior Agreement") providing for certain benefits to be conferred upon Executive under specified circumstances in the event that Executive's employment is terminated by the Company on the terms and conditions set forth therein, (April 2nd, 2001)
Second Bancorp Inc – 10.18 MANAGEMENT SEVERANCE AGREEMENT BY AND BETWEEN SECOND BANCORP AND RICK L. (March 28th, 2000)
Owens Corning – KEY MANAGEMENT SEVERANCE AGREEMENT (March 14th, 2000)
Donaldson Co Inc – MANAGEMENT SEVERANCE AGREEMENT (March 17th, 1999)
Second Bancorp Inc – AMENDMENT TO MANAGEMENT SEVERANCE AGREEMENT (March 29th, 1996)