Perceptron, Inc. Severance Agreement Sample Contracts

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Perceptron, Inc. Severance Agreement (February 13th, 2014)

THIS SEVERANCE AGREEMENT, dated as of February 11, 2014, (the "Agreement") is between Perceptron, Inc. (the "Company") and Keith R. Marchiando, who is expected to be employed by the Company in the position of Vice President and Chief Financial Officer (the "Executive") effective February 17, 2014.

Perceptron, Inc. Severance Agreement (October 31st, 2013)

THIS SEVERANCE AGREEMENT, dated as of October 24, 2013, (the "Agreement") is between Perceptron, Inc. (the "Company") and Jeffrey M. Armstrong, who will be employed by the Company in the position of President and Chief Executive Officer (the "Executive") effective November 4, 2013.

Perceptron, Inc. Severance Agreement - Executive (December 24th, 2008)

THIS SEVERANCE AGREEMENT, dated as of December 18, 2008 (the "Agreement"), is between Perceptron, Inc. (the "Company") and Mark S. Hoefing, who is currently employed by the Company in the position of Senior Vice President - Industrial Business Unit (the "Executive"). The parties acknowledge that the Company and the Executive previously entered into a severance agreement dated September 26, 2005 (the "Prior Agreement"), and the Company and the Executive agree that this Agreement supersedes and renders void the Prior Agreement in all respects.

Perceptron, Inc. Severance Agreement (December 24th, 2008)

THIS SEVERANCE AGREEMENT, dated as of December 18, 2008, (the "Agreement") is between Perceptron, Inc. (the "Company") and Harry T. Rittenour, who is currently employed by the Company in the position of President and Chief Executive Officer (the "Executive"). The parties acknowledge that the Company and the Executive previously entered into a severance agreement dated September 7, 2005 (the "Prior Agreement"), and the Company and the Executive agree that this Agreement supersedes and renders void the Prior Agreement in all respects.