Separation and Transition Services Agreement Sample Contracts

Ally Financial Inc. – SEPARATION AND TRANSITION SERVICES AGREEMENT (April 19th, 2018)

Tim Russi and the Company (as defined in the next sentence) have reached the following Separation and Transition Services Agreement (the “Agreement”). In this Agreement, "Employee" refers to Tim Russi, "Company" refers to Ally Financial Inc. and its affiliates (including Ally Bank) and divisions, and “Released Parties” refers to the Company, its shareholders, predecessors, successors, joint ventures, employee benefit plans, directors, officers, agents, employees, and assigns.

Ally Financial Inc. – SEPARATION AND TRANSITION SERVICES AGREEMENT (December 12th, 2017)

Christopher Halmy and the Company (as defined in the next sentence) have reached the following Separation and Transition Services Agreement (the “Agreement”). In this Agreement, "Employee" refers to Christopher Halmy, "Company" refers to Ally Financial Inc. and its affiliates (including Ally Bank) and divisions, and “Released Parties” refers to the Company, its shareholders, predecessors, successors, joint ventures, employee benefit plans, directors, officers, agents, employees, and assigns.

TheraBiogen, Inc. – SEPARATION AND TRANSITION SERVICES AGREEMENT (July 16th, 2012)

This Separation and Transition Services Agreement, dated as of May 11, 2012 (this "Agreement") is entered into by and between Kelly Hickel, an individual ("Hickel") and Therabiogen, Inc., a Nevada corporation (the "Company").

Authentec Inc – SEPARATION AND TRANSITION SERVICES AGREEMENT (September 7th, 2010)

THIS SEPARATION AND TRANSITION SERVICES AGREEMENT (the “Separation and Transition Agreement” or this “Agreement”) is dated as of September 10, 2010, by and between AuthenTec, Inc. (the “Company”) and F. Scott Moody (“Executive”).

First Marblehead Corp – SEPARATION AND TRANSITION SERVICES AGREEMENT (May 19th, 2010)

THIS SEPARATION AND TRANSITION SERVICES AGREEMENT (“Agreement”) is made as of this 17 day of May, 2010 (the “Effective Date”), by and between Peter B. Tarr (the “Employee”) and THE FIRST MARBLEHEAD CORPORATION, a Delaware corporation having a place of business at 800 Boylston Street, 34th Floor, Boston, Massachusetts 02199-8157 (“FMC” and together with its subsidiaries and affiliates, “First Marblehead”).

ARBINET Corp – SEPARATION AND TRANSITION SERVICES AGREEMENT (January 12th, 2010)

THIS SEPARATION AND TRANSITION SERVICES AGREEMENT (the “Agreement”) is made and entered into by and between William Terrell Wingfield, Jr. (“Wingfield”) and Arbinet Corporation (f/k/a Arbinet-thexchange, Inc.) (“Arbinet”) (collectively, the “Parties”), dated as of January 12, 2010.

ARBINET Corp – SEPARATION AND TRANSITION SERVICES AGREEMENT (September 1st, 2009)

THIS SEPARATION AND TRANSITION SERVICES AGREEMENT (the “Agreement”) is made and entered into by and between John B. Wynne, Jr. (“Wynne”) and Arbinet Corporation (“Arbinet”) (collectively, the “Parties”).

ARBINET Corp – First Amendment to the Separation and Transition Services Agreement (June 18th, 2009)

This First Amendment (the “Amendment”), is made as of this 16th day of June, 2009, to the Separation and Transition Services Agreement by and between Arbinet-thexchange, Inc. a Delaware corporation with its headquarters located in New Brunswick, New Jersey (the “Employer”), and William M. Freeman (the “Executive”) made as of September 3, 2008 (the “Agreement”).  In consideration of the mutual covenants contained in this Amendment, the Employer and the Executive desire to amend certain provisions of the Agreement as follows:

Arbinet Thexchange Inc – SEPARATION AND TRANSITION SERVICES AGREEMENT (September 4th, 2008)

This Separation and Transition Services Agreement is made by and between Arbinet-thexchange, Inc., a Delaware corporation with its headquarters located in New Brunswick, New Jersey (the “Company”), and William M. Freeman (the “Executive”), effective as of the Effective Date (as that term is defined in Section 8, below). This agreement summarizes the severance, transition and other arrangements between the Executive and the Company (the “Separation Agreement”). In consideration of the mutual covenants contained in this Separation Agreement, the Company and the Executive agree as follows: