Release And Severance Agreement Sample Contracts

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Community First Bancshares, Inc. – Comprehensive Release and Severance Agreement (December 12th, 2016)

This COMPREHENSIVE RELEASE AND SEVERANCE AGREEMENT (Agreement) is entered into by and between Newton Federal Bank (Company) and George Lazenby (Employee). In consideration of the mutual covenants, conditions and promises set forth in this Agreement, and other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, the undersigned parties agree as follows:

Diplomat Pharmacy – Permanent Release and Severance Agreement (October 26th, 2016)

This Permanent Release and Severance Agreement (Agreement) is entered into, as of the last date of execution by the parties, by and between Diplomat Pharmacy, Inc. and its affiliated entities (collectively the Company) and Sean Whelan (Employee). For purposes of this Agreement, the Company includes its past and present successors, assigns, divisions, departments, parents, subsidiaries, related or affiliated entities, and all current or former officers, directors, shareholders, members, benefit plans, attorneys, employees and agents in their capacities as such, including, without limitation, any and all management, administrative, or supervisory employees in their capacities as such.

Independence Bancshares, Inc. – Release and Severance Agreement Please Read Carefully (January 5th, 2016)

This Release and Severance Agreement (the "Agreement") is made and entered into by and between Gordon A. Baird ("Executive") and Independence Bancshares, Inc., a South Carolina corporation and holding company of Independence National Bank, a national bank, as well as any affiliated or related entities, subsidiaries, or divisions, and the shareholders, directors, officers, employees, and agents thereof (collectively referred to herein as the "Company").

Release and Severance Agreement (May 29th, 2015)
Butler Natl Corp – Release and Severance Agreement Between Angela Shinabargar and Butler National Corporation (December 13th, 2013)

Angela Shinabargar (hereinafter referred to as "Shinabargar") and Butler National Corporation (hereinafter referred to as "Butler") are entering into this Agreement freely and voluntarily in exchange for their respective promises and agreements in this document. Shinabargar and Butler agree that:

Release and Severance Agreement (November 3rd, 2011)

The parties to this Release and Severance Agreement (the Agreement) are Stephen A. Speidel (Executive) and Insight Enterprises, Inc. (the Company).

Glori Energy Inc. – Release and Severance Agreement (October 5th, 2011)

THIS RELEASE AND SEVERANCE AGREEMENT (Agreement) is entered into between Glori Oil Limited, its parents, subsidiaries, operating divisions, and affiliates, their officers, directors, trustees, and employees (collectively Company) and Bhupendra Soni (Employee). Company and Employee (the Parties) wish to define the terms of Employees exit from Company. Therefore, the Parties hereby agree as follows:

Release and Severance Agreement (March 16th, 2011)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and Jennifer M. Erfurth (Employee) in connection with the termination of Employees employment with Federal Signal Corporation (the Company). We have reached Agreement upon the following arrangements.

Release and Severance Agreement (March 16th, 2011)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and Fred H. Lietz (Employee) in connection with the termination of Employees employment with Federal Signal Corporation (the Company). We have reached Agreement upon the following arrangements.

RE: Release and Severance Agreement (The Agreement) (March 1st, 2011)

This Agreement confirms the terms upon which you and XenoPort, Inc. (XenoPort or the Company) have agreed for your departure.

Federal Signal Corporation Release and Severance Agreement (November 3rd, 2010)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and William H. Osborne (Employee) in connection with the termination of Employees employment with Federal Signal Corporation (the Company) and his resignation from the Companys and any of its subsidiaries Boards of Directors. We have reached Agreement upon the following arrangements.

Federal Signal Corporation Release and Severance Agreement (February 26th, 2010)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and David McConnaughey (Employee) in connection with the termination of Employees employment with Federal Signal Corporation (the Company). We have reached Agreement upon the following arrangements.

Release and Severance Agreement (February 25th, 2010)

The parties to this Release and Severance Agreement (the Agreement) are Karen K. McGinnis (Executive) and Insight Enterprises, Inc., a Delaware corporation (the Company).

Release and Severance Agreement (February 25th, 2010)

The parties to this Release and Severance Agreement (the Agreement) are Mark T. McGrath (Executive) and Insight Direct USA, Inc., an Illinois corporation (the Company).

Release and Severance Agreement (February 25th, 2010)

The parties to this Release and Severance Agreement (the Agreement) are Gary M. Glandon (Executive) and Insight Enterprises, Inc., a Delaware corporation (the Company).

Federal Signal Corporation Release and Severance Agreement (February 27th, 2009)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and Stephanie K. Kushner (Employee) in connection with the termination of Employees employment with Federal Signal Corporation (the Company). We have reached Agreement upon the following arrangements.

Release and Severance Agreement (August 11th, 2008)

The parties to this Release and Severance Agreement (the Agreement) are Catherine Eckstein (Employee) and Insight Enterprises, Inc. (the Company).

Release and Severance Agreement (May 2nd, 2008)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and Kimberly Dickens (Employee) in connection with the termination of Employees employment with Federal Signal Corporation (the Company). We have reached Agreement upon the following arrangements.

Mutual Release and Severance Agreement (March 31st, 2008)

This Mutual Release and Severance Agreement (hereafter Agreement) dated as of February 22, 2008, is hereby entered into between Michael S. Ruley (Executive), and Hawaiian Telcom Holdco, Inc., a Delaware corporation (the Employer).

Release and Severance Agreement (February 27th, 2008)

This Release and Severance Agreement (the Agreement) will confirm the understanding of Federal Signal Corporation and Robert D. Welding (with his heirs, beneficiaries, executors, administrators, attorneys, successors and assigns, collectively referred to herein as Employee) in connection with Employees retirement from employment and resignation from all directorships and other positions with Federal Signal Corporation and any of its subsidiaries, benefit plans or trusts associated with such benefit plans (collectively referred to herein as the Company). The Company and Employee have reached agreement upon the following arrangements.

Release and Severance Agreement (December 6th, 2007)

THIS RELEASE AND SEVERANCE AGREEMENT (the Agreement) is made and entered into this the 23 day of August, 2007 by and between Jeff Jervik, of c/o 370 Knollwood, Suite 500, Winston-Salem, NC 27103 (the Employee), and Krispy Kreme Doughnut Corporation, a North Carolina corporation, with its principal place of business located in Forsyth County, North Carolina (the Employer).

Environmental Power Corporation – Release and Severance Agreement (August 13th, 2007)

This RELEASE AND SEVERANCE AGREEMENT is made and entered into this 9 day of May, 2007, by and between John ONeill (Employee) and Environmental Power Corporation (together with its former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the Company).

American Technologies Group Inc – Contract (March 7th, 2007)

RELEASE AND SEVERANCE AGREEMENT This Release and Severance Agreement executed this 28th day of February, 2007, by and between and R.I. HELLER & Co., LLC, (hereinafter "RI HELLER"), WILLIAM N. PLAMONDON III (hereinafter "Plamondon"), ERIN DAVIS (hereinafter "Davis"), FRANK JACKSON, (hereinafter "Jackson") and AMERICAN TECNOLOGIES GROUP, INC., (hereinafter "ATGR"), and shall constitute the formal agreement of the parties hereto providing for the resignation of Plamondon as Chief Executive Officer of ATGR, providing for the transfer of all shares of common stock of ATGR owned by RI Heller (the "Shares") to ATGR, and further providing for the orderly transition of records and related matters to the newly appointed Chief Executive Officer of ATGR. In consideration of the premises and mutual promises contained herein, it is hereby agreed as follows: 1. Resignation and Transition Services. Plamondon hereby tenders his resignation to the Board of Directors of ATGR, such r

Environmental Power Corporation – Release and Severance Agreement (August 14th, 2006)

This RELEASE AND SEVERANCE AGREEMENT is made and entered into effective as of the 19th day of May, 2006, by and between Randall L. Hull (Hull), on the one hand, and Environmental Power Corporation (EPC) and Microgy, Inc. (Microgy), on the other hand (EPC and Microgy together, and collectively with their former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the Company).

Meritage Hosp Gr – Release and Severance Agreement (March 13th, 2006)

THIS RELEASE AND SEVERANCE AGREEMENT (this Agreement) is between Roger L. Zingle, a resident of Michigan whose address is 6132 Pickwood Drive, West Bloomfield, Michigan 48322 (Zingle), Meritage Hospitality Group Inc., a Michigan corporation whose address is 3210 Eagle Run Drive, N.E., Suite 100, Grand Rapids, Michigan 49525 (Meritage), and OCM Food Service, LLC, d/b/a OCharleys of Michigan, a Michigan limited liability company whose address is 3210 Eagle Run Drive, N.E., Suite 100, Grand Rapids, Michigan 49525 (OCharleys of Michigan).

Release and Severance Agreement (March 8th, 2006)

This Release and Severance Agreement (thisAgreement) is made as of March 6, 2006 by and between Trex Company, Inc., a Delaware corporation (Trex), and Philip J. Pifer, an individual residing at 10914 Lake Windermere Drive, Great Falls, VA 22066 (Employee).

Release and Severance Agreement (February 1st, 2006)

This RELEASE AND SEVERANCE AGREEMENT (Agreement) is made and entered into by and between Broadwing Corporation (the Company) and David R. Huber (Dr. Huber) on this 31st day of January 2006 (the Effective Date).

Rivoli Bancorp Inc – Comprehensive Release and Severance Agreement (September 12th, 2005)
Environmental Power Corporation – Release and Severance Agreement (August 12th, 2005)

This RELEASE AND SEVERANCE AGREEMENT is made and entered into this 28th day of July, 2005, by and between R. Jeffrey Macartney (Macartney) and Environmental Power Corporation (together with its former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the Company).

Rexnord Industries, Inc. Release & Severance Agreement (January 27th, 2005)

WHEREAS, Rexnord and Mr. Smith wish to terminate the employment relationship according to the following terms and conditions; and

Release and Severance Agreement (November 4th, 2004)

This Release and Severance Agreement is made as of July 15, 2004 by and between Trex Company, Inc., a Delaware corporation (Trex), and A. Catherine Lawler, residing at 229 Fairfield Drive, Winchester, VA 22602 (Employee). The parties, desiring to settle all differences between them, hereby agree as follows: