Retirement Agreement Sample Contracts

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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.

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.

Retirement Agreement (May 19th, 2017)

THIS RETIREMENT AGREEMENT (this Retirement Agreement) is entered into on the 17th day of May, 2017, by and between Concho Resources Inc., a Delaware corporation (Company), and E. Joseph Wright (Executive).

Retirement Agreement (May 18th, 2017)

THIS RETIREMENT AGREEMENT (this "Retirement Agreement") is hereby entered into, as of the 15th day of May 2017, by and among Tronox LLC, a Delaware limited liability company (the "Company"), Tronox Limited, an Australian corporation (the "Parent"), and Thomas J. Casey, an individual (the "Executive").

CBOE Holdings – Retirement Agreement (May 11th, 2017)

This RETIREMENT AGREEMENT (the "Agreement") is made and entered into as of this 28th day of February, 2017 (the "Effective Date"), by and between CBOE HOLDINGS, INC. (the "Corporation"), the CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED ("CBOE"), C2 OPTIONS EXCHANGE, INCORPORATED ("C2" and, unless indicated otherwise, referred to herein together with the Corporation and CBOE as "Employer") and Edward Provost ("Executive").

CBOE Holdings – Retirement Agreement (May 11th, 2017)

This RETIREMENT AGREEMENT (the "Agreement") is made and entered into as of this 27th day of February, 2017 (the "Effective Date"), by and between CBOE HOLDINGS, INC. (the "Corporation"), the CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED ("CBOE"), C2 OPTIONS EXCHANGE, INCORPORATED ("C2" and, unless indicated otherwise, referred to herein together with the Corporation and CBOE as "Employer") and Gerald O'Connell ("Executive").

Renasant Corporation – Renasant Corporation Retirement Agreement (May 10th, 2017)

THIS RETIREMENT AGREEMENT (the "Agreement") is made and entered into by and between Renasant Corporation, a Mississippi corporation (the "Company"), and Renasant Bank, a financial institution with its principal place of business in Tupelo, Mississippi (the "Bank"), and O. Leonard Dorminey ("Executive").

Officer Retirement Agreement (May 5th, 2017)

THIS OFFICER RETIREMENT AGREEMENT (this "Agreement") is entered into by and between Denbury Resources Inc., a Delaware corporation ("DRI," and together with its subsidiaries, collectively, the "Company"), and Phil Rykhoek ("Rykhoek"), and is effective as of the Effective Date (as defined in Section 9(c) below).

Retirement Agreement (May 4th, 2017)

This Retirement Agreement (this "Agreement") is entered into by and between Great Plains Energy Incorporated, Kansas City Power & Light Company ("KCP&L") and KCP&L Greater Missouri Operations Company ("GMO") (collectively, the "Company"), and Scott H. Heidtbrink (the "Executive") as of May 1, 2017 (the "Effective Date"). Each of the Company and the Executive is a "Party", and collectively they are the "Parties".

Retirement Agreementand General Release (April 17th, 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 Snyders-Lance, Inc., a North Carolina corporation (hereinafter Company).

RETIREMENT AGREEMENT General Separation (April 14th, 2017)

This Retirement Agreement and Full Release of Any Claims (Agreement) is between Carl T. Camden (Employee) for himself/herself, his/her heirs and personal representatives, and Kelly Services, Inc. and its affiliates, together with their current and former officers, directors, managers, shareholders, employees, contractors, agents, parent companies, subsidiaries, affiliated entities, related entities, attorneys, any other representatives, and successors in interest (collectively referred to as Employer).

Aspirity Holdings Llc – Equity Purchase and Retirement Agreement (April 11th, 2017)

THIS EQUITY PURCHASE AND RETIREMENT AGREEMENT (this "Agreement") is made effective as of March 31, 2017 ("Effective Date"), by and among Timothy S. Krieger, an individual and resident of the state of Minnesota (the "Seller"), and Aspirity Holdings LLC, a Minnesota limited liability company (the "Company"). Collectively, the Seller and the Company shall be referred to as the "Parties" and each individually as a "Party".

Old Point Financial Corporation – Retirement Agreement, Waiver and General Release (March 15th, 2017)

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.

General Release and Retirement Agreement (March 1st, 2017)
Retirement Agreement (February 28th, 2017)

THIS RETIREMENT AGREEMENT (this "Agreement") is made February 27, 2017, between TA Operating LLC ("TA Operating"), TravelCenters of America LLC ("TA") and Michael J. Lombardi ("you" or "your").

Early Retirement Agreement & Release (February 24th, 2017)

WHEREAS the Company and the Employee intend the terms and conditions of this Agreement to govern all issues related to the Employee's employment with and separation from the Company,

Retirement Agreement (February 24th, 2017)

THIS RETIREMENT AGREEMENT (this "Agreement") is entered into as of February 22, 2017 (the "Effective Date"), by and between The Hershey Company, a Delaware corporation (the "Company"), and John P. Bilbrey ("Executive").

Flotek Industries, Inc. – Retirement Agreement (February 17th, 2017)

This Retirement Agreement (Agreement) is entered into as of the Effective Date (as hereinafter defined) by and between Robert M. Schmitz (Schmitz), an individual, and Flotek Industries, Inc., a Delaware corporation (the Company).

Flotek Industries, Inc. – Retirement Agreement (February 17th, 2017)

This Retirement Agreement (Agreement) is entered into as of the Effective Date (as hereinafter defined) by and between Steve Reeves (Reeves), an individual, and Flotek Industries, Inc., a Delaware corporation (the Company).

Radian Group – Retirement Agreement (February 13th, 2017)

This Retirement Agreement (this Agreement), dated as of February 8, 2017, is made by and between S.A. Ibrahim (Employee) and Radian Group Inc. (Radian). This Agreement provides for all payments to which Employee may be entitled from the Company (as defined below), including under the Employment Agreement between Employee and Radian dated November 12, 2014 (the Employment Agreement).

Retirement Agreement (January 13th, 2017)

This Retirement Agreement ("Agreement") is between HollyFrontier Corporation ("HFC"), HollyFrontier Payroll Services, Inc. ("HPS"), and each of Holly Energy Partners, L.P., and Holly Logistic Services, L.L.C., on behalf of themselves and their subsidiaries and affiliates (collectively "the Company"), and me, Douglas S. Aron.

Consulting and Retirement Agreement (January 9th, 2017)

This Consulting and Retirement Agreement, dated as of January 4, 2017 (the "Agreement"), is made and entered into by and among Valley National Bancorp (the "Company"), Valley National Bank (the "Company Bank"), and Peter Crocitto, an individual (the "Executive" or the "Consultant").

Retirement Agreement (January 6th, 2017)

This Retirement Agreement (this "Agreement") is made and entered into on January 5, 2017, between Rosalind G. Brewer (the "Associate") and Wal-Mart Stores, Inc., a Delaware corporation, and its affiliates and subsidiaries (collectively "Walmart").

DJO Finance LLC – Retirement Agreement and Amendment to Stock Option Agreements (November 15th, 2016)

This Retirement Agreement and Amendment to Stock Option Agreements (the Agreement) is entered into as of November 14, 2016, by and between Michael Mogul (Executive) and DJO Global, Inc., a Delaware corporation (the Company).

Retirement Agreement (September 15th, 2016)

THIS RETIREMENT AGREEMENT (the "Agreement") is entered into as of September 12, 2016, by and between Columbus McKinnon Corporation, a Delaware corporation (the "Company") and Timothy T. Tevens (the "Executive").

Retirement Agreement (August 9th, 2016)

This Agreement is effective this 1st day of June, 2016, (the "Effective Date") between Jacobs Engineering Group Inc. and its affiliated and subsidiary companies ("Jacobs") and Phillip J. Stassi ("Employee").

Cornerstone Ondemand, Inc. Retirement Agreement (August 5th, 2016)

This Retirement Agreement ("Retirement Agreement") is made by and between Perry Wallack ("Executive") and Cornerstone OnDemand, Inc. (the "Company") collectively referred to as the "Parties," as of May 1, 2016 (the "Transition Period Commencement Date"):

Retirement Agreement (August 2nd, 2016)

THIS RETIREMENT AGREEMENT (this "Agreement") is entered into as of June 29, 2016, by and between Assurant, Inc. (the "Company") and Steven C. Lemasters (the "Employee").