Separation Agreement and Release Sample Contracts

RECITALS
Separation Agreement and Release • March 31st, 2009 • CPG International Inc. • Unsupported plastics film & sheet • New York
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EXHIBIT 10(o) SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • March 31st, 2006 • Ferro Corp • Paints, varnishes, lacquers, enamels & allied prods • Ohio
CONFIDENTIAL
Separation Agreement and Release • March 8th, 2019 • Proteostasis Therapeutics, Inc. • Pharmaceutical preparations • Massachusetts
SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • February 9th, 2018

THIS SEPARATION AGREEMENT (the “Agreement”) is made and entered into by and between [Name of Employee] (the “Employee”), a resident of _________, and [Name of employer] (the “Company”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • September 8th, 2016 • Spark Networks Inc • Services-business services, nec

THIS SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is entered into as of the date written below by and between Shailen Mistry (“Employee”), and SPARK NETWORKS, INC., a Delaware corporation (the “Company”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • October 23rd, 2006 • Genesis Microchip Inc /De • Semiconductors & related devices • California

This Separation Agreement and Release (this “Agreement”) is made by and between Genesis Microchip Inc. (including any company or organization that Genesis Microchip Inc. has acquired in the past and any subsidiary or affiliate of Genesis Microchip Inc.) (the “Company”), and Raphael Mehrbians (“Executive”) (collectively referred to as the “Parties”):

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • February 2nd, 2023 • Automatic Data Processing Inc • Services-computer processing & data preparation • New Jersey

This Separation Agreement and General Release (hereinafter, the “Agreement”) is made and entered into this 30th day of January, 2023 by and between Donald Weinstein (hereinafter referred to as “Executive”), and Automatic Data Processing, Inc. (hereinafter referred to as the “Company”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • January 27th, 2010 • Resaca Exploitation, Inc. • Crude petroleum & natural gas

This Separation Agreement and Release (this “Agreement”) is entered into by Cano Petroleum, Inc., a Delaware corporation (the “Company”), Resaca Exploitation, Inc., a Texas corporation (“Resaca”), and Benjamin L. Daitch (“Executive”) as of September 29, 2009. The Company and Executive are collectively referred to herein as the “Parties” and Resaca joins in this Agreement solely for the purposes set forth in Section 3(b), Section 7, and Section 27 and shall not be considered a “Party” for any other purpose. This Agreement cancels and supersedes all prior agreements relating to Executive’s employment with the Company, except as provided in this Agreement.

RECITALS
Separation Agreement and Release • November 9th, 2006 • Helix Biomedix Inc • Pharmaceutical preparations
Contract
Separation Agreement and Release • April 29th, 2010 • Time Warner Cable Inc. • Cable & other pay television services • Delaware

Amended and Restated Employment and Termination Agreement dated as of June 1, 2000, between Time Warner Cable, a division of Time Warner Entertainment Company, L.P., a Delaware limited partnership (the “Company”), and the employee whose name appears on the last page hereof (the “Employee”). Employee and the Company (or its predecessor) previously entered into the original Employment and Termination Agreement dated as of June 29, 1989 (as amended from time to time, the “Original Agreement”).

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Separation Agreement and Release • January 2nd, 2024 • CG Oncology, Inc. • Biological products, (no disgnostic substances) • Massachusetts

This Amended and Restated Employment Agreement (this “Agreement”) is made by and between CG Oncology, Inc. (the “Company”), and Vijay Kasturi, M.D. (“Executive”) (collectively referred to herein as the “Parties” or individually referred to as a “Party”), effective as of December 13, 2023 (the “Effective Date”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • January 28th, 2011 • Global Axcess Corp • Services-business services, nec • Florida

This Separation Agreement and Release (“Agreement”), dated as of October 10, 2006, by and between the parties hereto, David Fann (“Employee”) and Global Axcess Corp (“Employer” or “Company”).

Contract
Separation Agreement and Release • May 8th, 2017 • GoDaddy Inc. • Services-computer integrated systems design • Arizona

This Employment Agreement (the “Agreement”) is entered into for employment beginning on May 31, 2016 (“Effective Date”) by and among GoDaddy.com, LLC (the “Company” or “GoDaddy”), Desert Newco, LLC and Barbara Rechterman (“Executive”)(collectively referred to as the “Parties”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • May 12th, 2014 • Telik Inc • Pharmaceutical preparations

THIS SEPARATION AGREEMENT AND RELEASE (“Agreement”) is made and entered into by and between William P. Kaplan (“Employee”) and Telik, Inc. (“Company”), and inures to the benefit of each of Company’s current, former and future, as applicable, parents, subsidiaries, affiliates, related entities, employee benefit plans and their fiduciaries, predecessors, successors, officers, directors, shareholders, agents, insurers, counsel, employees and assigns, and is contingent upon and shall be effective as of the closing of the transactions contemplated by the Merger Agreement (as defined below). The term “Parties” used in this Agreement means Company and Employee collectively.

SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT Between K12 INC. and NATHANIEL A. DAVIS
Separation Agreement and Release • January 28th, 2016 • K12 Inc • Services-educational services • Virginia

THIS AGREEMENT is entered into as of January 27, 2016, (the “Execution Date”), by and between K12 Inc., a Delaware corporation having a place of business at 2300 Corporate Park Drive, Herndon, Virginia 20171 (alternatively, “K12” or the “Corporation”) and Nathaniel A. Davis (“EMPLOYEE”) a resident of the Commonwealth of Virginia (K12 and EMPLOYEE are referred to collectively herein as the “Parties”). This Agreement will become effective upon and subject to the occurrence of the Effective Date (as defined below).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • February 8th, 2016 • Brixmor Operating Partnership LP • Real estate investment trusts • New York

This Separation Agreement and Release (“Agreement”) is made and entered into this 7th day of February, 2016 (the “Effective Date”), by and among Brixmor Property Group, Inc., a Maryland corporation (“Brixmor”), and Michael Carroll (“Executive”) (collectively, the “Parties” or each individually a “Party”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • September 1st, 2020 • Ab International Group Corp. • Patent owners & lessors • Nevada

This Separation Agreement and Release (“Agreement”) is made as of August 29, 2020, by and between Jianli Deng (“Employee”) and AB International Group Corp., a Nevada corporation (the “Company”). Employee and the Company shall collectively be referred to herein as the “Parties”, and each individually as a “Party.”

Amended and Restated Employment Agreement
Separation Agreement and Release • December 18th, 2023 • Homology Medicines, Inc. • Pharmaceutical preparations • Massachusetts

This Amended and Restated Employment Agreement (this “Agreement”), dated as of November 16, 2023, is made by and between Homology Medicines, Inc., a Delaware corporation (together with any successor thereto, the “Company”), and Paul Alloway, Ph.D., J.D. (“Executive”) (collectively referred to herein as the “Parties” or individually referred to as a “Party”), and effective as of November 17, 2023 (the “Effective Date”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • August 13th, 2014 • Vestin Realty Mortgage I, Inc. • Real estate investment trusts • Nevada

This Agreement, dated as of August 11, 2014 (“Effective Date”), is between Steven E. Reed ("Reed") and MVP REIT, Inc., a Maryland corporation (“REIT”), MVP Realty Advisors, LLC, a Nevada limited-liability company (“Advisors”) and MVP American Securities, LLC, a Nevada limited liability company (“MVPAMS”)(REIT, Advisors and MVPAMS are collectively referred to herein as “MVP Entities” and individually as an “MVP Entity”). Reed and MVP Entities are collectively referred to herein as the “Parties.”

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • October 24th, 2006 • Akesis Pharmaceuticals, Inc. • Services-business services, nec • California

This Separation Agreement and Release (“Agreement”) is made by and between Edward Wilson (“Employee”) and Akesis Pharmaceuticals, Inc. (“Company”) (collectively referred to as the “Parties”):

Voluntary Separation Incentive Program (VSIP) Separation Agreement and Release
Separation Agreement and Release • October 25th, 2022 • California

This Separation Agreement and Release (“Agreement”) is by and between the Board of Trustees of the California State University through Sonoma State University (the “University”) and [insert name] (“Employee”). As used in this Agreement, “University” includes the Board of Trustees of the California State University and its agents, employees, attorneys, officers, directors, trustees, auxiliary organizations, affiliates, predecessors, successors in interest and assigns, and representatives. The University and Employee are sometimes collectively referred to collectively as the Parties.

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SEPARATION AGREEMENT AND RELEASE AND WAIVER OF CLAIMS
Separation Agreement and Release • October 30th, 2014 • Esb Financial Corp • Savings institution, federally chartered • West Virginia

THIS AGREEMENT, made and entered into this 29th day of October 2014, by and among ESB FINANCIAL CORPORATION, a Pennsylvania banking corporation with its headquarters and main office located in Ellwood City, Pennsylvania (hereinafter referred to as “ESB Financial”), ESB BANK, a Pennsylvania chartered savings bank and a wholly owned subsidiary of ESB Financial (“ESB”), TODD F. PALKOVICH (hereinafter referred to as the “Employee”), WESBANCO, INC., a West Virginia corporation (hereinafter referred to as “Wesbanco”), and WESBANCO BANK, INC., a West Virginia banking corporation (hereinafter referred to as the “Bank”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • June 21st, 2022 • Protara Therapeutics, Inc. • Biological products, (no disgnostic substances) • New York

This Separation Agreement and Release (“Agreement”) is made by and between Blaine Davis (“Employee”) and Protara Therapeutics, Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • May 1st, 2014 • Active Power Inc • Electric services • Texas

This Separation Agreement and Release ("Agreement") is made by and between Jeremiah Noel Foley ("Employee") and Active Power, Inc. (the "Company") (collectively referred to as the "Parties" or individually referred to as a "Party").

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • May 6th, 2021 • TrueCar, Inc. • Services-computer programming, data processing, etc. • California

This Separation Agreement and Release (“Agreement”) is made by and between Simon Smith (“Employee”) and TrueCar, Inc. (“Company”) (collectively, “Parties” or individually, a “Party”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • January 5th, 2010 • Accelrys, Inc. • Services-prepackaged software • California

This Separation Agreement and Release (“Agreement”) is made by and between Rick Russo (“Employee”) and Accelrys, Inc. (“Company”) (jointly referred to as the “Parties”).

Svai S. Sanford Redwood City, CA 94062
Separation Agreement and Release • November 4th, 2015 • Vivus Inc • Pharmaceutical preparations • California

We appreciate the many contributions that you have made as a valuable member of VIVUS, Inc. (the “Company” or “VIVUS”). By this letter agreement (the “Retention Agreement”), the Company is offering certain changes to your compensation, as follows.

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • February 9th, 2011 • Dolby Laboratories, Inc. • Radio & tv broadcasting & communications equipment • California

This Separation Agreement and Release (“Agreement”) is made by and between Mark S. Anderson (“Executive”) and Dolby Laboratories, Inc., a Delaware corporation, and its direct and indirect subsidiaries (together, the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • February 28th, 2024 • Viatris Inc • Pharmaceutical preparations • Pennsylvania

This Separation Agreement and Release (“Agreement”) is made by and between Anthony Mauro (“Executive”) and Viatris Inc. (together with its affiliates, the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • July 9th, 2015 • Creative Realities, Inc. • Services-computer integrated systems design • New York

This Separation Agreement and Release (“Agreement”) is made by and between Paul Price (“Executive”) and Creative Realities, Inc. (the “Company”), both of whom hereby enter into this Agreement intending to be legally bound and agree as follows.

CHANGE OF CONTROL AND SEVERANCE AGREEMENT
Separation Agreement and Release • August 7th, 2018 • Vivus Inc • Pharmaceutical preparations • California

This Third Amended and Restated Change of Control and Severance Agreement (the “Agreement”) is made and entered into effective as of _________, 2018, by and between _________ (the “Employee”) and VIVUS, Inc., a Delaware corporation (the “Company”). The Agreement amends, restates and replaces the Second Amended and Restated Change in Control and Severance Agreement previously entered into between Employee and the Company, which was dated _________, _____ (the “Prior Agreement”).

Contract
Separation Agreement and Release • October 7th, 2020 • California

This Separation Agreement and Release (“Agreement”) is by and between the Board of Trustees of the California State University through San Diego State University (the “University”) and (“Employee”) .

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • April 26th, 2019 • Outlook Therapeutics, Inc. • Biological products, (no disgnostic substances) • New Jersey

This Separation Agreement and Release (“Agreement”) is made by and between Kenneth M. Bahrt, M.D. (“Employee”) and Outlook Therapeutics, Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • May 2nd, 2022 • Zymeworks Inc. • Pharmaceutical preparations • Washington

This Separation Agreement and Release (“Agreement”) is made by and between Kathryn O’Driscoll (“Employee”) and Zymeworks Biopharmaceuticals Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

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