Retirement Agreement Sample Contracts

Retirement Agreement

A retirement agreement defines the terms of an employee's retirement from a company.  Terms include when funds will be payable, the manner in which the retirement plan will be funded, including the amount and frequency of contributions.  Retirement agreements will also state whether the employer, employee, or both make the contributions.   Some retirement agreements must comply with the federal Employee Retirement Income Security Act, ERISA, as well as state laws.

Voyager Therapeutics, Inc. – Retirement Agreement (June 29th, 2018)

This Retirement Agreement (the Agreement) is made as of the Agreement Effective Date (as defined below) by and between Voyager Therapeutics, Inc. (the Company) and Steven M. Paul (Executive) (together, the Parties).

Retirement Agreement (June 18th, 2018)

This Retirement Agreement (this Agreement) is entered into between Melissa A. Greenwell (Executive) and The Finish Line, Inc. (the Company).

Retirement Agreement (June 18th, 2018)

This Retirement Agreement (this Agreement) is entered into between Melissa A. Greenwell (Executive) and The Finish Line, Inc. (the Company).

Re: Retirement Agreement (June 12th, 2018)

This letter (this Retirement Agreement) will confirm our agreement relating to the terms of your remaining employment with, and retirement from, Lifetime Brands, Inc. (the Company). Capitalized terms not defined herein will have the respective meanings ascribed to them in the Third Amended and Restated Employment Agreement by and between you and the Company, dated as of November 24, 2015, including amendments through November 8, 2017 (the Employment Agreement).

Adient Ltd – Re: Retirement Agreement (June 11th, 2018)

This letter agreement (Letter Agreement) sets forth the understanding between R. Bruce McDonald (McDonald), Adient plc (together with its subsidiaries, the Company) and Adient US LLC (the Employer) regarding McDonalds retirement. Capitalized terms not otherwise defined in this Letter Agreement have the meaning set forth in the Key Executive Severance and Change of Control Agreement, dated January 17, 2017, by and among McDonald, the Company and the Employer (McDonalds Severance and Change of Control Agreement).

Ameris Bancorp – Retirement Agreement (June 6th, 2018)

THIS RETIREMENT AGREEMENT (this "Agreement") is made and entered as of the 6th day of June, 2018, by and among AMERIS BANCORP, a Georgia corporation (the "Bancorp"), AMERIS BANK, a Georgia state-chartered bank and wholly owned subsidiary of the Bancorp (the "Bank"; the Bancorp and the Bank are collectively referred to herein as the "Company"), and EDWIN W. HORTMAN, JR. ("Executive").

Retirement Agreement (June 5th, 2018)

This Retirement Agreement (this Agreement) is entered into by Howard Schultz (Founder) and Starbucks Corporation (Starbucks).

Erp Operating Ltd Partnership – Rule of 70 Retirement Agreement (May 3rd, 2018)

This Rule of 70 Retirement Agreement (this "Agreement") is entered into by and between Equity Residential ("Equity" or the "Company") and David Santee ("Executive") as of February 28, 2018.

First Amendment to Retention and Retirement Agreement (May 2nd, 2018)
Gaming & Leisure Properties, Inc. – April 24, 2018 PERSONAL AND CONFIDENTIAL William J. Clifford 2051 SE 3rd Street, Apt. 601 Deerfield Beach, FL 33441-0000 Re: Retirement Agreement (April 30th, 2018)

This letter confirms the agreement between you and Gaming and Leisure Properties, Inc. (the "Company") concerning your retirement from the Company (this "Agreement"). The purpose of this Agreement is to establish an amicable arrangement for ending your employment relationship, including releasing the Company and related persons or entities from any claims and permitting you to receive separation pay and related benefits.

Hanover Capital Mortgage Holdings, Inc. – Re: Retirement Agreement (April 16th, 2018)

This letter agreement (the "Agreement") is entered into in connection with your impending retirement from the position of Chief Financial Officer of Walter Investment Management Corp. (the "Company"). Your retirement will be effective on a date as mutually agreed between you and the Company between February 1, 2018 and February 15, 2018 (the "Retirement Date"). On the Retirement Date, you will resign from your position as Chief Financial Officer and from all other positions with the Company and its subsidiaries, and your employment with the Company and its subsidiaries shall terminate.

Jill Intermediate LLC – Retirement Agreement (April 13th, 2018)

This Retirement Agreement (this "Agreement") is made and entered into as of March 13, 2018 (the "Effective Date"), by and between J.Jill, Inc. (the "Company"), and Paula Bennett (the "Executive" and, together with the Company, the "Parties").

Retirement Agreement (April 11th, 2018)

THIS RETIREMENT AGREEMENT (the "Agreement") is entered into as of February 5, 2018 between Herman Miller, Inc., a Michigan corporation ("HMI" or the "Company") and Brian C. Walker (the "Executive").

Caterpillar: Confidential Green RETENTION AND RETIREMENT AGREEMENT THIS AGREEMENT, Is Made and Entered Into as of April 6, 2018 by and Between Caterpillar Inc. (The "Company"), and ROBERT BRIAN CHARTER (The "Executive"). RECITALS WHEREAS, the Company and Executive Would Like Executive to Remain Employed as Its Group President, Through May 31, 2018 For, Among Other Reasons, Knowledge Transfer Purposes and to Assist the Company With the Transition of Executive's Responsibilities to a Successor; And WHEREAS, in Connection With Executive's Retirement From the Company Effective June 1, 2018 (The "R (April 10th, 2018)
Old Point Financial Corporation – Retirement Agreement, Waiver and General Release (March 16th, 2018)

This Retirement Agreement (the "Agreement") dated March 10, 2017 confirms the following understandings and agreements with Old Point Financial Corporation, its officers, directors, employees, agents, successors, assigns, affiliates, and subsidiaries, including but not limited to, The Old Point National Bank of Phoebus and Old Point Trust & Financial Services, N.A., along with their affiliates, successors, assigns, officers, directors, employees, and agents (hereinafter collectively called the "Company", "Old Point") and Laurie Grabow ("Employee", "you" or "your", "her or herself") with respect to Employee's retirement from the Company.

March 14, 2018 Chairman and Chief Executive Officer Pentair Plc Re: Retirement Agreement Dear Randy: (March 15th, 2018)

I am pleased to confirm in this letter (the Agreement) additional terms and conditions related to the valuable services that you provide to Pentair plc (Pentair or the Company) and its shareholders. This Agreement shall become effective upon being signed by you and the Company. The benefits and support described herein are being provided in consideration for your agreement to (i) remain as the Chairman of the Board of Directors of the Company (the Board) and the Companys Chief Executive Officer (CEO) through the effective time of the spin-off of nVent Electric plc from the Company (the Spinoff Date), (ii) provide the consulting services described in Section 1, and (iii) refrain from taking certain actions as described in Section 2.

Sportsman'S Warehouse Holdings, Inc. – Retirement Agreement (March 14th, 2018)

This Retirement Agreement (this Agreement) is entered by and between John V. Schaefer (Executive) and Sportsmans Warehouse Holdings, Inc. (the Company), on this 13th day of March, 2018 (the Effective Date).

El Pollo Loco Holdings, Inc. – Retirement Agreement (March 9th, 2018)

THIS RETIREMENT AGREEMENT (the "Agreement") is entered into as of February 28, 2018 (the "Effective Date"), by and between El Pollo Loco, Inc. (the "Company") and Stephen J. Sather ("Executive") (together, the "Parties").

Retirement Agreement (February 2nd, 2018)

This Retirement Agreement (Agreement) is made as of January 31, 2018, by and between Ronald H. Spair (Executive) and OraSure Technologies, Inc. (collectively, with its predecessors, successors, affiliates and subsidiaries, the Company) (jointly referred to as the Parties and singularly as a Party):

Retirement Agreement (January 19th, 2018)

THIS RETIREMENT AGREEMENT (this "Agreement"), is entered into on January 18, 2018 and dated as of January 14, 2018, by and between Lexington Realty Trust, with its principal place of business at One Penn Plaza, Suite 4015, New York, NY 10119-4015 (the "Company"), and E. Robert Roskind, residing at the address set forth on the signature page hereof ("Executive").

Retirement Agreement (January 19th, 2018)

THIS RETIREMENT AGREEMENT (this "Agreement"), entered into on January 18, 2018 and dated as of January 14, 2018, by and between Lexington Realty Trust, with its principal place of business at One Penn Plaza, Suite 4015, New York, NY 10119-4015 (the "Company"), and Richard J. Rouse, residing at the address set forth on the signature page hereof ("Executive").

BioDelivery Sciences International, Inc. – Retirement Agreement (January 18th, 2018)

This RETIREMENT AGREEMENT (the Agreement) is entered into this 12th day of January 2018 by and between BioDelivery Sciences International, Inc., (the Company), and Niraj Vasisht (Vasisht). Vasisht and the Company may be collectively referred to as the parties or individually referred to as a party.

Retirement Agreement (January 4th, 2018)

This Retirement Agreement (Agreement) is made as of January 3, 2018, by and between Douglas A. Michels (Executive) and OraSure Technologies, Inc. (collectively, with its predecessors, successors, affiliates and subsidiaries, the Company) (jointly referred to as the Parties and singularly as a Party):

RETIREMENT AGREEMENT Kimberly S. Taylor (December 1st, 2017)
Doyen Elements, Inc. – Retirement Agreement (November 8th, 2017)

This RETIREMENT AGREEMENT by and between Geoffrey Thompson, (the "Executive"), and Doyen Elements, Inc. f/k/a AdvantaMeds Solutions USA Fund I, Inc. being effective as of November 3, 2017. The parties to this Retirement Agreement, ("Agreement"), may be hereafter individually referred to as a "party," or collectively referred to as the "parties."

Clean Energy Fuels – Retirement Agreement (November 2nd, 2017)
Commercial Metals Company – Retirement Agreement (September 1st, 2017)

This Retirement Agreement (Agreement) is entered into as of this 31st day of August, 2017 by and between Commercial Metals Company, a Delaware corporation, with principal offices at 6565 N. MacArthur Blvd, Irving, Texas 75039 (the Company) and Joseph Alvarado (Executive). The Company and Executive are individually referred to herein as a Party and collectively as the Parties.

BioDelivery Sciences International, Inc. – Retirement Agreement (August 29th, 2017)

This RETIREMENT AGREEMENT (the Agreement) is entered into this 23rd day of August, 2017 by and between BioDelivery Sciences International, Inc., (the Company), and Mark A. Sirgo (Sirgo). Sirgo and the Company may be collectively referred to as the parties or individually referred to as a party.

Retirement Agreementand General Release (August 9th, 2017)

This Retirement Agreement and General Release (hereinafter the "Agreement") is made and entered into by and between Carl E. Lee, Jr. (hereinafter the "Executive") and Snyder's-Lance, Inc., a North Carolina corporation (hereinafter "Company").

Erp Operating Ltd Partnership – Age 62 Retirement Agreement (August 4th, 2017)

This Age 62 Retirement Agreement (this "Agreement") is entered into by and between Equity Residential ("Equity" or the "Company") and Bruce C. Strohm ("Executive") as of June 21, 2017.

Retention and Retirement Agreement (August 1st, 2017)
Retirement Agreement (July 31st, 2017)

This Retirement Agreement ("Retirement Agreement") is entered into by and between Jonathan D. Kantor ("Executive" or "you") and CNA Financial Corporation (the "Company") and confirms the agreement that has been reached with you in connection with your retirement from the Company.

Retirement Agreement (July 21st, 2017)

This Retirement Agreement (the "Retirement Agreement"), dated as of July 18, 2017, is entered into by and between Six Flags Entertainment Corporation, a Delaware corporation (the "Company") and John M. Duffey (the "Executive").

Gentherm – Retirement Agreement (June 28th, 2017)

This RETIREMENT AGREEMENT (this "Agreement"), is entered into as of June 28, 2017 (the "Effective Date") by and between Daniel R. Coker ("Coker") and Gentherm Incorporated, a Michigan corporation ("Gentherm").

Retirement Agreement (June 9th, 2017)

THIS RETIREMENT AGREEMENT (this "Agreement") is entered into by and between Leidos Holdings, Inc., a Delaware corporation (the "Company"), and Vincent A. Maffeo, an individual ("Executive"), and is effective as of the latest date set forth on the signature page hereof.