Separation and Consulting Agreement Sample Contracts

Akorn Inc – February 5, 2019 Rajat Rai RE: Separation and Consulting Agreement Dear Raj: (March 1st, 2019)

This Separation and Consulting Agreement (this “Agreement”) is intended to set forth our mutual understanding and agreement regarding your retirement as Chief Executive Officer and from your employment with Akorn, Inc., a Louisiana corporation (collectively with its successors and assigns, the “Company”), and all its affiliates, as the parties agreed to formalize such understandings in the letter agreement entered into between the parties December 27, 2018 and as disclosed in the Company’s filings with the SEC on Form 8-K.

Akorn Inc – February 4, 2019 Bruce Kutinsky RE: Separation and Consulting Agreement Dear Bruce: (March 1st, 2019)

This Separation and Consulting Agreement (this “Agreement”) is intended to set forth our mutual understanding and agreement regarding your termination as Chief Operating Officer and your employment with Akorn, Inc., a Louisiana corporation (collectively with its successors and assigns, the “Company”), and all its affiliates, as the parties agreed to formalize such understandings in the letter agreement entered into between the parties January 7, 2019 and as disclosed in the Company’s filings with the SEC on Form 8-K.

Flir Systems Inc – SEPARATION AND CONSULTING AGREEMENT (February 19th, 2019)

This Separation and Consulting Agreement (“Agreement”) is made and entered into by and among FLIR Systems, Inc. (the “Company”), on the one hand, and Todd M. DuChene (“Executive”) on the other hand (collectively, the “Parties”).

Aethlon Medical Inc – December 10, 2018 Via Email and Hand Delivery Mr. James A. Joyce Chief Executive Officer Re: Separation and Consulting Agreement (February 11th, 2019)

This letter sets forth the substance of our agreement (the “Agreement”) regarding your transition and separation from Aethlon Medical, Inc. (the “Company”). This Agreement will become effective only upon the Effective Date specified in Section 11 below.

Ceridian HCM Holding Inc. – SEPARATION and CONSULTING AGREEMENT (November 9th, 2018)
Alder Biopharmaceuticals Inc – Re: Amendment to Separation and Consulting Agreement (November 5th, 2018)

This letter agreement sets forth the amendment we discussed to your Separation and Consulting Agreement dated March 26, 2018 (the “Separation Agreement”), by and between you and Alder BioPharmaceuticals, Inc. (the “Company”).  If you sign and return this amendment on or before September 21, 2018, the Separation Agreement will be amended as follows:

Mack Cali Realty L P – SEPARATION AND CONSULTING AGREEMENT (November 2nd, 2018)

This SEPARATION AND CONSULTING AGREEMENT (this “Agreement”), dated as of October 31, 2018, is made and entered by and among Robert Andrew Marshall, an individual residing at 108 Washington Avenue, Chatham, New Jersey 07928 (“Marshall”), Roseland Residential Trust, a Maryland business trust (the “Company”), with offices in care of Mack-Cali Realty Corporation, a Maryland corporation, at Harborside 3, 210 Hudson Street, Suite 400, Jersey City, New Jersey 07311, and, solely for purposes of Sections 3 and 9 hereof, Mack-Cali Realty Corporation, a Maryland corporation (“Mack-Cali”), at Harborside 3, 210 Hudson Street, Suite 400, Jersey City, New Jersey 07311.

Adamas Pharmaceuticals Inc – Re: Separation and Consulting Agreement Dear Richard: (November 1st, 2018)

This letter sets forth the substance of the separation agreement (the “Agreement”) that Adamas Pharmaceuticals, Inc. (the “Company”) is offering to you to aid in your employment transition.

Ceridian HCM Holding Inc. – SEPARATION and CONSULTING AGREEMENT (October 29th, 2018)
Ceridian HCM Holding Inc. – SEPARATION and CONSULTING AGREEMENT (October 15th, 2018)
Digital Realty Trust, L.P. – SEPARATION AND CONSULTING AGREEMENT (August 7th, 2018)

THIS SEPARATION AND CONSULTING AGREEMENT (this “Agreement”), dated as of May 11, 2018, is made by and between Digital Realty Trust, Inc. (the “REIT”), DLR LLC (the “Employer” and together with the REIT, the “Company”) and Scott E. Peterson (“Peterson”).

Bellicum Pharmaceuticals, Inc – Via Email and Hand Delivery Alan Musso Re: Separation and Consulting Agreement (August 7th, 2018)

This letter sets forth the substance of our agreement (the "Agreement") regarding your transition and separation from Bellicum Pharmaceuticals, Inc. (the "Company"). This Agreement will become effective only upon the Effective Date specified in Section 9(c) below.

Tactile Systems Technology Inc – SEPARATION AND CONSULTING AGREEMENT (August 6th, 2018)

This SEPARATION AND CONSULTING AGREEMENT (this “Agreement”) is made and entered into as of August 1, 2018 (the “Effective Date”) by and between Tactile Systems Technology, Inc., a Delaware corporation (the “Company”), and Lynn Blake, a resident of Minnesota (“Blake”).

Sunrun Inc. – AMENDMENT TO SEPARATION AND CONSULTING AGREEMENT (June 19th, 2018)

This amendment, dated as of June 15, 2018 (this “Amendment”), is made by and between Mina Kim and Sunrun Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

Avis Budget Group, Inc. – SEPARATION AND CONSULTING AGREEMENT (May 24th, 2018)

This Separation and Consulting Agreement (the “Agreement”) is by and between Ronald L. Nelson (the “Executive”) and Avis Budget Group, Inc., a Delaware Corporation (the “Company”).

Crypto Co – SEPARATION AND CONSULTING AGREEMENT AND GENERAL MUTUAL RELEASE (May 18th, 2018)

This SEPARATION AND CONSULTING AGREEMENT AND GENERAL MUTUAL RELEASE (the “Agreement”), dated as of May 9, 2018, is made by and between The Crypto Company, Inc. (“Company”), and Michael Poutre (“Executive” and, collectively with Company, the “Parties”).

Alder Biopharmaceuticals Inc – Re:Separation and Consulting Agreement (May 8th, 2018)

This letter sets forth the terms of the separation and consulting agreement (the “Agreement”) which Alder BioPharmaceuticals, Inc. (the “Company”) is offering to you to aid in your employment transition.

Alder Biopharmaceuticals Inc – Re:Separation and Consulting Agreement (February 26th, 2018)

This letter sets forth the terms of the separation and consulting agreement (the “Agreement”) which Alder BioPharmaceuticals, Inc. (the “Company”) is offering to you to aid in your employment transition.

Convergys Corp – SEPARATION AND CONSULTING AGREEMENT (February 21st, 2018)

This Separation and Consulting Agreement (the "Agreement"), dated February 20, 2018, is made and entered into by and between Convergys Corporation for itself and on behalf of its subsidiaries (collectively referred to as the "Company") and Andrea Ayers (“Executive”).

Penn Virginia Corp – SEPARATION AND CONSULTING AGREEMENT (January 19th, 2018)

This SEPARATION AND CONSULTING AGREEMENT (this “Agreement”) is entered into by and between Penn Virginia Corporation (the “Company”) and Harry Quarls (the “Executive”) effective, except as provided in Section 3.3 below, as of this 18th day of January 2018.

Sandy Spring Bancorp Inc – SEPARATION AND CONSULTING AGREEMENT (January 2nd, 2018)

THIS SEPARATION AND CONSULTING AGREEMENT (this “Agreement”) dated as of December 29, 2017, and effective as of the Termination Date (as defined below), is entered into by and between Sandy Spring Bancorp, Inc. (“Sandy Spring”), Sandy Spring Bank and Shaza L. Andersen (“Ms. Andersen” and, together with Sandy Spring and Sandy Spring Bank, the “Parties”).

Concurrent Computer Corp/De – SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (January 2nd, 2018)

This Separation and Consulting Agreement and General Release of Claims (this "Agreement") is between CONCURRENT COMPUTER CORPORATION, a Delaware corporation (the "Company"), and DEREK ELDER ("Consultant"). The signatories to this Agreement may be referred to collectively as "Parties" and individually as a "Party."

Huntsman CORP – SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (December 22nd, 2017)

This SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (“Agreement”) is made and entered into by and between Huntsman Corporation, a Delaware corporation (the “Company”), and Jon M. Huntsman (“Consultant”), on December 19, 2017 (the “Effective Date”).  The Company and Consultant are each referred to herein individually as a “Party” and collectively as the “Parties.”

BioAmber Inc. – Separation and Consulting Agreement (October 24th, 2017)

BIOAMBER CANADA INC., a corporation duly incorporated under the Canada Business Corporations Act, having its corporate office located at1250 Rene-Levesque West, Suite 4310, Montreal, QC H3B 4W8, represented for the purposes hereof by Richard P. Eno, CEO

Era Group Inc. – SEPARATION AND CONSULTING AGREEMENT (August 8th, 2017)

This SEPARATION AND CONSULTING AGREEMENT (the “Agreement”) is entered into as of the last date on the signature page(s) attached hereto, by and between Andrew Puhala (the “Employee”) and Era Helicopters, LLC, a Delaware limited liability company (the “Company”).

Adamas Pharmaceuticals Inc – Re: Separation and Consulting Agreement Dear Bill: (August 8th, 2017)

This letter sets forth the substance of the separation agreement (the “Agreement”) that Adamas Pharmaceuticals, Inc. (the “Company”) is offering to you to aid in your employment transition.

Lilis Energy, Inc. – SEPARATION AND CONSULTING AGREEMENT (August 4th, 2017)

THIS SEPARATION AND CONSULTING AGREEMENT (the “Agreement”) is made and entered into effective as of August 3, 2017 (the “Effective Date”), by and between Lilis Energy, Inc., a Nevada corporation (the “Company”), and Abraham Mirman (the “Executive”).

Servicemaster Global Holdings Inc – Re: Separation and Consulting Agreement (August 1st, 2017)

This letter memorializes our recent discussions and confirms the terms of your separation from ServiceMaster.  We respect and are grateful for your dedicated service to ServiceMaster and appreciate your willingness to continue to provide services to ServiceMaster for a transition period.

Greenbrier Companies Inc – SEPARATION AND CONSULTING AGREEMENT (March 3rd, 2017)

This Separation and Consulting Agreement (“Agreement”) is made effective as of March 2, 2017 (“Effective Date”) by and between The Greenbrier Companies, Inc. (The “Company”) and Victoria McManus (“McManus”).

Monogram Residential Trust, Inc. – SEPARATION AND CONSULTING AGREEMENT (February 28th, 2017)

This Separation and Consulting Agreement (the “Agreement”) is entered into by and among Monogram Residential Trust, Inc. (the “Company”), Monogram Residential OP LP (the “Operating Partnership”) (collectively, the “Employers”) and Daniel J. Rosenberg (“Mr. Rosenberg”).

BioAmber Inc. – mutual Separation and Consulting Agreement (February 21st, 2017)

BIOAMBER CANADA INC., a corporation duly incorporated under the Canada Business Corporations Act, having its corporate office located at1250 Rene-Levesque West, Suite 4310, Montreal, QC H3B 4W8, represented for the purposes hereof by Raymond Land, Chairman of BIOAMBER INC., duly authorized as he so declares

Alico Inc – SEPARATION AND CONSULTING AGREEMENT (January 4th, 2017)

THIS SEPARATION AND CONSULTING AGREEMENT (this “Agreement”), dated as of December 31, 2016, is entered into by and between Alico, Inc., a Florida corporation (the “Company”), and Clayton G. Wilson (the “Consultant”).

Oceanfirst Financial Corp – SEPARATION AND CONSULTING AGREEMENT (December 1st, 2016)

THIS SEPARATION AND CONSULTING AGREEMENT (this “Agreement”) dated as of November 30, 2016, and effective as of the Termination Date (as defined below), is entered into by and between OceanFirst Financial Corp. (the “Company”), OceanFirst Bank (the “Company Bank”) and Steven E. Brady (“Mr. Brady” and together with the Company and the Company Bank, the “Parties”).

Black Stone Minerals, L.P. – SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (November 28th, 2016)

This SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (this “Agreement”) is entered into by and among Marc Carroll (“Carroll”) and Black Stone Natural Resources Management Company, a Delaware corporation (the “Company”). Black Stone Minerals GP, L.L.C., a Delaware limited liability company (the “General Partner”), joins this Agreement for the limited purpose of agreeing to Sections 2 and 3 below. The Company, the General Partner, and Carroll are each referred to herein individually as a “Party” and collectively as the “Parties.”

Cobalt International Energy, Inc. – SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (November 10th, 2016)

This SEPARATION AND CONSULTING AGREEMENT AND GENERAL RELEASE OF CLAIMS (the “Agreement”) dated as of November 10, 2016 (the “Signing Date”) is entered into by and between Cobalt International Energy, Inc., a Delaware corporation (the “Company”), and James W. Farnsworth (“Executive”). The Company and Executive are referred to herein individually as a “Party” and collectively as the “Parties.” Capitalized terms not defined herein have the meanings assigned to them in the Employment Agreement (as defined below).