Severance And Release Agreement Sample Contracts

Trico Bancshares – In the Event Your Employment Is Terminated Within the First Twelve Months of Your Start Date for a Reason Other Than Cause, You Will Be Eligible for a Severance Payment Equal to One Years Base Salary if You Execute and Do Not Revoke a Severance and Release Agreement. To Receive This Severance Payment, You Must Execute the Severance and Release Agreement Within 30 Days of Your Termination and Allow It to Become Effective, in Which Case the Bank Will Pay Such Severance in a Lump Sum on the 45th Day Following Your Termination. Additionally, the Bank Will Initiate a Change of Control Agreement Con (August 14th, 2018)
Westmoreland Coal Company – Severance and Release Agreement (April 2nd, 2018)

WHEREAS, the Parties wish to resolve fully and finally all potential disputes regarding Executive's employment with the Company and otherwise; and

Severance and Release Agreement (March 14th, 2018)

WHEREAS, Image Sensing Systems, Inc. (hereinafter "ISS" or the "Company") and Richard Ehrich ("Ehrich") entered into a Benefit and Compensation Agreement dated August 25, 2016 (the "Employment Agreement"); and

Severance and Release Agreement (February 22nd, 2018)

THIS SEVERANCE AND RELEASE AGREEMENT (this "Agreement") is made and entered into as of February 22, 2018, by and between Robert P. Carrigan (hereinafter referred to as "Employee") and The Dun & Bradstreet Corporation or any D&B Related Company (collectively, "D&B"). Certain capitalized terms used in this Agreement are defined in the Appendix.

Flotek Industries, Inc. – Confidential Severance and Release Agreement (November 8th, 2017)

This Confidential Severance and Release Agreement ("Agreement") is entered into on October 12, 2017, by and between Robert Bodnar (the "Employee") and Flotek Industries, Inc. (the "Company").

Umed Holdings, Inc. – Confidential Severance and Release Agreement (September 21st, 2017)
Umed Holdings, Inc. – Confidential Severance and Release Agreement (September 21st, 2017)

THIS CONFIDENTIAL SEVERANCE AND RELEASE AGREEMENT (this "Agreement") is made by and between UMED HOLDINGS, INC. ("UMED" or the "Company") and RANDY MOSELEY ("Mr. Moseley") (each, a "Party" and, collectively, the "Parties") and shall become and be effective and binding as of the expiration of the Revocation Period as defined below (the "Effective Date"). The Parties agree that this Agreement shall be signed by Mr. Mosely by November 1l, 2016. If not executed by Mr. Moseley by November 1l, 2016, this Agreement shall not be binding onto UMED.

Resignation Severance and Release Agreement (July 11th, 2017)

This Resignation Severance and Release Agreement ("Agreement") is made and entered into by and between Smith Micro Software, Inc. ("Employer") on the one hand, and Steven Yasbek, his heirs, executors, administrators, successors and assigns (collectively, "Employee") on the other.

Pandora Media Inc. – Severance and Release Agreement (May 9th, 2017)

This SEVERANCE AND RELEASE AGREEMENT ("Agreement") is made this day of January 12, 2017 (the "Agreement Date") by and between Sara Clemens ("Executive") and Pandora Media, Inc. (the "Company").

OneMain Holdings, Inc. – Severance and Release Agreement (May 5th, 2017)

I ("Employee") understand that my employment with OneMain Group LLC (the "Company") will be terminated, and the Company is providing me with at least 2 weeks of notice prior to my termination. I will receive pay, at my current base salary (less applicable tax and payroll deductions), and agree to work through March 31, 2016. The Company, however, may, at its sole discretion, not require me to work each of those days, but I will be paid through March 31, even if I do not work the entire period. Employee's last active day of employment prior to the Separation Date shall be the "Last Day Worked" and be the last day on which employee is requested to perform any services for Company or any of its affiliates. I understand that if I sign this Agreement and do not revoke it, additional severance pay and certain benefits also will be made available to me on the terms set forth below.

Dipexium Pharmaceuticals, Inc. – Severance and Release Agreement (December 14th, 2016)

This SEVERANCE AND RELEASE AGREEMENT (the Agreement), dated December 13, 2016 and effective as of November 30, 2016 (the Effective Date) is made by and between Dipexium Pharmaceuticals, Inc. a Delaware corporation (the Company) and David Garrett (the Executive).

Severance and Release Agreement (October 25th, 2016)

This Severance and Release Agreement (sometimes referred to as Agreement) is entered in connection with your decision to receive a severance package offered by Spirit Airlines, Inc. The purpose of this Agreement is to summarize the benefits that will be available to you in return for a release of claims.

Retirement, Severance and Release Agreement (September 20th, 2016)

This Retirement, Severance, and Release Agreement (the "Agreement") is made by and among (i) Richard Smith ("Executive") and (ii) FelCor Lodging Trust Incorporated (the "Company"), and any parent, subsidiary, and/or affiliate companies or entities, as well as any officers, directors, managers, members, shareholders, investors, administrators, general or limited partners, agents, employees, accountants, and/or attorneys associated or affiliated with the Company. The signatories to this Agreement will be referred to collectively as the "Parties" and individually as a "Party". The effective date of this Agreement shall be the date that falls seven (7) days after Executive signs this Agreement without revocation (the "Effective Date").

Glowpoint Inc – Severance and Release Agreement (June 16th, 2016)

This Severance and Release Agreement (this "Agreement") is made between Gary Iles ("Employee") and Glowpoint, Inc., a Delaware corporation (the "Company"). Employee and the Company are referred to collectively as the "Parties."

Pandora Media Inc. – Severance and Release Agreement (May 2nd, 2016)

This SEVERANCE AND RELEASE AGREEMENT ("Agreement") is made this day of April 13, 2016 ("Agreement Date") by and between Brian McAndrews ("McAndrews") and Pandora Media, Inc. (the "Company").

Pandora Media Inc. – Severance and Release Agreement (May 2nd, 2016)

This SEVERANCE AND RELEASE AGREEMENT ("Agreement") is made this day of April 3, 2016 (the "Agreement Date") by and between Simon Fleming-Wood ("Executive") and Pandora Media, Inc. (the "Company").

Ministry Partners Investment Company, Llc – Confidential Severance and Release Agreement (January 12th, 2016)

This Confidential Severance and Release Agreement ("Agreement") is entered into by and between James Overholt ("Employee") and Ministry Partners Investment Company LLC ("MPIC" or the "Company"). Employee and MPIC are collectively referred to as the Parties in this Agreement.

Lsb Industries Inc. – Severance and Release Agreement (January 8th, 2016)

This Severance and Release Agreement (this "Agreement") is entered by and between David M. Shear ("Executive") and LSB Industries, Inc. (the "Company") (collectively, the "Parties"), effective as of December 31, 2015 ("Termination Date").

Severance and Release Agreement (November 12th, 2015)

This Severance and Release Agreement (the Agreement) is made by and between Bellerophon Therapeutics, Inc. (the Company) and Manesh Naidu (the Employee) (collectively, the Parties).

Surgiquest Inc – Severance and Release Agreement (November 10th, 2015)

This Severance and Release Agreement (Release Agreement) is entered into by and between Thomas J. Dugan (Executive) and SurgiQuest, Inc., its parent, subsidiaries, affiliates and divisions, including but not limited to TriNet HR Corporation (collectively the Company).

Lsb Industries Inc. – Severance and Release Agreement (November 9th, 2015)

This Severance and Release Agreement (this Agreement) is entered by and between David R. Goss (Executive) and LSB Industries, Inc. (the Company) (collectively, the Parties), effective as of December 31, 2015 (Termination Date).

Surgiquest Inc – Severance and Release Agreement (October 13th, 2015)

This Severance and Release Agreement (Release Agreement) is entered into by and between Thomas J. Dugan (Executive) and SurgiQuest, Inc., its parent, subsidiaries, affiliates and divisions, including but not limited to TriNet HR Corporation (collectively the Company).

Severance and Release Agreement (October 8th, 2015)

This Severance and Release Agreement (the Agreement) is made by and between Shutterstock, Inc. (the Company), and Timothy E. Bixby (the Executive) (collectively, the Parties).

Lsb Industries Inc. – Severance and Release Agreement (September 4th, 2015)

This Severance and Release Agreement (this Agreement) is entered by and between Barry H. Golsen (Executive) and LSB Industries, Inc. (the Company) (collectively, the Parties) on the date of its execution by Executive.

Severance and Release Agreement (August 6th, 2015)

This Severance and Release Agreement (the "Agreement") is entered into between 3D Systems Corporation, a Delaware corporation (the "Company"), and Theodore A. Hull, an individual who as of the effective date of this agreement serves as the Executive Vice President and Chief Financial Officer of the Company ("Executive"). Executive and Company are referred to in this Agreement as the "Parties."

Severance and Release Agreement (August 6th, 2015)

This Severance and Release Agreement (this "Agreement") is made and entered into as of the latest date indicated on the signature page hereof by and between the undersigned individual ("Employee") and FelCor Lodging Trust Incorporated ("Employer") (each of Employer and Employee may be referred to herein as a "Party," and collectively, they may be referred to herein as the "Parties").

Summit Hotel Properties – Confidential Severance and Release Agreement (August 3rd, 2015)

This Confidential Severance and Release Agreement (Agreement) is made and entered into by and between Kerry W. Boekelheide (hereafter, the Employee) and Summit Hotel Properties, Inc. and all affiliates of Summit Hotel Properties, Inc., including without limitation Summit Hotel OP, LP, (hereafter, collectively, the Employer) (the signatories to this Agreement will be referred to collectively as the Parties) as follows:

Severance and Release Agreement (March 10th, 2015)

This Severance and Release Agreement ("Agreement"), is made by and among Redding Bank of Commerce ("Employer"), Bank of Commerce Holdings ("Company") and Patrick J. Moty ("Employee").

ICO Global Communications Holdings Limited DE – Severance and Release Agreement (March 6th, 2015)

This Severance and Release Agreement (Agreement) is entered into by and between Pendrell Corporation and any subsidiaries and affiliates (Pendrell or Company) and Robert S. Jaffe (Employee) (collectively Parties) to set forth the terms and conditions of Employees separation from Pendrell effective April 18, 2014. As contemplated by Employees employment letter dated June 7, 2012 and in exchange for the benefits described in said employment letter, Employee agrees to execute this Agreement which includes a full release of all known and unknown claims.

Glowpoint Inc – Confidential Severance and Release Agreement (February 13th, 2015)

This Confidential Severance and Release Agreement ("Agreement") is made between (i) Charles Scott Zumbahlen ("Employee") and (ii) Glowpoint, Inc. (the "Company"). Employee and the Company are referred to collectively as the "Parties."

Executive Severance and Release Agreement (February 13th, 2015)

This Executive Severance and Release Agreement (the Agreement) is entered into by and among Atlantic Power Holdings, Inc. (Atlantic Holdings or the Company), Atlantic Power Corporation (Atlantic Power), and Edward C. Hall (the Executive) (collectively, the Parties).

Clearsign Combustion Corporatio – Separation, Severance and Release Agreement (December 12th, 2014)

THIS SEPARATION, SEVERANCE AND RELEASE AGREEMENT (this "Agreement") is entered into by and between ClearSign Combustion Corporation ("CLIR"), and Richard F. Rutkowski, an individual ("Executive").

Aja Cannafacturing, Inc. – SEVERANCE AND RELEASE AGREEMENT (Scott Plantinga -Aja Cannafacturing, Inc.) (November 7th, 2014)

This SEVERANCE AND RELEASE AGREEMENT (the "Agreement") is dated as of October 15, 2014 (the "Effective Date") by and between SCOTT PLANTINGA, an individual ("Plantinga"), and AJA CANNAFACTURING, INC., a Nevada Corporation, f/k/a IDS Industries, Inc. (the "Company"). The term "Company" as used in this agreement shall include all employees, officers and members of the Board of Trustees, past and present, except as excluded below, as well as affiliated, subsidiary and related entities administered or operated by the Company, its agents, founders, co-founders, successors, and assigns.

Executive Severance and Release Agreement (October 22nd, 2014)

This Executive Severance and Release Agreement (the Agreement) is entered into by and among Atlantic Power Holdings, Inc. (Atlantic Holdings or the Company), Atlantic Power Corporation (Atlantic Power), and Paul H. Rapisarda (the Executive) (collectively, the Parties).

Executive Severance and Release Agreement (September 23rd, 2014)

This Executive Severance and Release Agreement (the Agreement) is entered into by and among Atlantic Power Holdings, Inc. (Atlantic Holdings or the Company), Atlantic Power Corporation (Atlantic Power), and Barry E. Welch (the Executive) (collectively, the Parties).