Severance Compensation Agreement Sample Contracts

Excel Global – Amendment to Fourth Amended Severance Compensation Agreement (October 4th, 2018)

This Amendment to Fourth Amended Severance Compensation Agreement ("Amendment") is effective as of September 28, 2018 ("Effective Date"), by and among Pershing Gold Corporation, a Nevada corporation (the "Company"), and Eric Alexander (the "Employee"), and amends that certain Fourth Amended Severance Compensation Agreement (the "Original Agreement"), dated December 21, 2017 between the Company and Employee. Capitalized terms used in this Amendment without definition have the meanings given in the Original Agreement.

Excel Global – Amendment to Fourth Amended Severance Compensation Agreement (October 4th, 2018)

This Amendment to Fourth Amended Severance Compensation Agreement ("Amendment") is effective as of September 28, 2018 ("Effective Date"), by and among Pershing Gold Corporation, a Nevada corporation (the "Company"), and Eric Alexander (the "Employee"), and amends that certain Fourth Amended Severance Compensation Agreement (the "Original Agreement"), dated December 21, 2017 between the Company and Employee. Capitalized terms used in this Amendment without definition have the meanings given in the Original Agreement.

Espey Mfg. & Electronics Corp. – Espey Mfg. & Electronics Corp. Director Contingent Severance Compensation Agreement (March 5th, 2018)

This AGREEMENT is dated as of March 2, 2018 by and between ESPEY MFG. & ELECTRONICS CORP., a New York corporation (the "Corporation") and the undersigned member of the Corporation's Board of Directors (the "Director").

Espey Mfg. & Electronics Corp. – Espey Mfg. & Electronics Corp. Director Contingent Severance Compensation Agreement (March 5th, 2018)

This AGREEMENT is dated as of March 2, 2018 by and between ESPEY MFG. & ELECTRONICS CORP., a New York corporation (the "Corporation") and the undersigned member of the Corporation's Board of Directors (the "Director").

Espey Mfg. & Electronics Corp. – Espey Mfg. & Electronics Corp. Director Contingent Severance Compensation Agreement (March 5th, 2018)

This AGREEMENT is dated as of March 2, 2018 by and between ESPEY MFG. & ELECTRONICS CORP., a New York corporation (the "Corporation") and the undersigned member of the Corporation's Board of Directors (the "Director").

Espey Mfg. & Electronics Corp. – Espey Mfg. & Electronics Corp. Director Contingent Severance Compensation Agreement (March 5th, 2018)

This AGREEMENT is dated as of March 2, 2018 by and between ESPEY MFG. & ELECTRONICS CORP., a New York corporation (the "Corporation") and the undersigned member of the Corporation's Board of Directors (the "Director").

Espey Mfg. & Electronics Corp. – Espey Mfg. & Electronics Corp. Director Contingent Severance Compensation Agreement (March 5th, 2018)

This AGREEMENT is dated as of March 2, 2018 by and between ESPEY MFG. & ELECTRONICS CORP., a New York corporation (the "Corporation") and the undersigned member of the Corporation's Board of Directors (the "Director").

CVB Financial Corporation – [Amended and Restated] Severance Compensation Agreement (March 1st, 2018)

This [Amended and Restated] Severance Compensation Agreement (the Agreement) is entered into this 1st day of January, 2018 (Effective Date), by and between Citizens Business Bank (the Bank), and Yamynn De Angelis, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – Severance Compensation Agreement (March 1st, 2018)

This agreement (the Agreement) is entered into this 10th day of July, 2017 (Effective Date), by and between Citizens Business Bank (the Bank), and Richard H. Wohl, Executive Vice President of the Bank (the Executive).

Callon Petroleum Company – Severance Compensation Agreement (February 28th, 2018)

THE AGREEMENT was made and entered into as of April 5, 2012, (the "Effective Date"), and revised and updated July 26, 2017, and again on September 18, 2017 (the "Amendment Date"), by and between Callon Petroleum Company, a Delaware corporation (together with its subsidiaries, "Callon") and Joseph C. Gatto, Jr. as the President and Chief Executive Officer ("Executive"). Callon and Executive may be referred to individually herein as "Party" and collectively as "Parties".

Excel Global – Fourth Amended Severance Compensation Agreement (December 28th, 2017)

This Fourth Amended Severance Compensation Agreement (this "Agreement") is made and entered into as of December 21, 2017 (the "Effective Date") by and between Eric Alexander (the "Employee") and Pershing Gold Corporation, a Nevada corporation (the "Company"), collectively the ("Parties").

CVB Financial Corporation – [Amended and Restated] Severance Compensation Agreement (December 11th, 2017)

This [Amended and Restated] Severance Compensation Agreement (the Agreement) is entered into this 1st day of January, 2018 (Effective Date), by and between Citizens Business Bank (the Bank), and David Harvey, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – [Amended and Restated] Severance Compensation Agreement (December 11th, 2017)

This [Amended and Restated] Severance Compensation Agreement (the Agreement) is entered into this 1st day of January, 2018 (Effective Date), by and between Citizens Business Bank (the Bank), and David Brager, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – [Amended and Restated] Severance Compensation Agreement (December 11th, 2017)

This [Amended and Restated] Severance Compensation Agreement (the Agreement) is entered into this 1st day of January, 2018 (Effective Date), by and between Citizens Business Bank (the Bank), and David Farnsworth, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – [Amended and Restated] Severance Compensation Agreement (December 11th, 2017)

This [Amended and Restated] Severance Compensation Agreement (the Agreement) is entered into this 1st day of January, 2018 (Effective Date), by and between Citizens Business Bank (the Bank), and E. Allen Nicholson, Executive Vice President of the Bank (the Executive).

Excel Global – Re: Salary Adjustment and Extension of Severance Compensation Agreement (March 29th, 2017)

As we discussed last week, this letter serves to document the agreed terms of your salary adjustment and the amendment and extension of the term of the Severance Compensation Agreement between you and Pershing Gold Corporation dated as of September 19, 2013.

Severance Compensation Agreement (February 28th, 2017)

THIS AGREEMENT ("Agreement") is made and entered into as of the date set forth below, by and between ENERGEN CORPORATION, an Alabama corporation ("Energen"), and the Executive identified below ("the Executive").

Excel Global – Re: Second Extension Severance Compensation Agreement (January 18th, 2017)

This letter serves to document the agreed terms of the amendment and extension of the term of the Severance Compensation Agreement between you and Pershing Gold Corporation dated as of September 19, 2013, as amended by the Letter Agreement dated August 15, 2016.

Excel Global – Third Amended Severance Compensation Agreement (January 18th, 2017)

This Third Amended Severance Compensation Agreement (this "Agreement") is made and entered into as of January 11, 2017 (the "Effective Date") by and between Eric Alexander (the "Employee") and Pershing Gold Corporation, a Nevada corporation (the "Company"), collectively the ("Parties").

CVB Financial Corporation – Severance Compensation Agreement (November 9th, 2016)

This agreement (the Agreement) is entered into this 18th day of July, 2016 (Effective Date), by and between Citizens Business Bank (the Bank), and David Farnsworth, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – Severance Compensation Agreement (November 9th, 2016)

This agreement (the Agreement) is entered into this 1st day of June, 2016 (Effective Date), by and between Citizens Business Bank (the Bank), and E. Allen Nicholson, Executive Vice President of the Bank (the Executive).

Excel Global – Second Amended Severance Compensation Agreement (September 21st, 2016)

This Second Amended Severance Compensation Agreement (this "Agreement") is made and entered into as of September 15, 2016 (the "Effective Date") by and between Eric Alexander (the "Employee") and Pershing Gold Corporation, a Nevada corporation (the "Company"), collectively the ("Parties").

Wellesley Bancorp Inc. – Severance Compensation Agreement Between Wellesley Bank and Michael W. Dvorak (August 8th, 2016)

The purpose of this letter is to document the term of the severance compensation agreement at Wellesley bank (The "Bank") that have been discussed with you. These terms supersede any prior agreement, whether oral or written, with the bank.

Severance Compensation Agreement (June 24th, 2016)

This Severance Compensation Agreement (this "Agreement") is made and entered into as of ________, 2016 (the "Effective Date") by and between ________________ (the "Executive") and Synergy Resources Corporation, a Colorado corporation (the "Company").

Severance Compensation Agreement (February 29th, 2016)

This AMENDMENT modifies the Severance Compensation Agreement dated _____ between Albemarle Corporation, a Virginia corporation (the "Company"), and _____ ("Employee") (referred to herein as the "Agreement").

Excel Global – Amended Severance Compensation Agreement (November 24th, 2015)

This Amended Severance Compensation Agreement (this "Agreement") is made and entered into as of November 19, 2015 (the "Effective Date") by and between Eric Alexander (the "Employee") and Pershing Gold Corporation, a Nevada corporation (the "Company"), collectively the ("Parties").

Excel Global – Severance Compensation Agreement (August 13th, 2015)

This Severance Compensation Agreement (this "Agreement") is made and entered into as of September 19, 2013 (the "Effective Date") by and between Debra W. Struhsacker (the "Employee") and Pershing Gold Corporation, a Nevada corporation (the "Company").

Change of Control Severance Compensation Agreement (May 11th, 2015)

This CHANGE OF CONTROL SEVERANCE COMPENSATION AGREEMENT, dated as of May 11, 2015, (the "Agreement"), is made by and between First Foundation Inc., a California corporation (the "Company") and David DePillo (the "Executive"), with reference to the following facts and circumstances:

CVB Financial Corporation – Severance Compensation Agreement (March 2nd, 2015)

This agreement (the Agreement) is entered into this 1st day of January 2015 (Effective Date), by and between Citizens Business Bank (the Bank), and David Harvey, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – Severance Compensation Agreement (March 2nd, 2015)

This agreement (the Agreement) is entered into this 1st day of January 2015 (Effective Date), by and between Citizens Business Bank (the Bank), and Richard Thomas, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – Severance Compensation Agreement (March 2nd, 2015)

This agreement (the Agreement) is entered into this 1st day of January 2015 (Effective Date), by and between Citizens Business Bank (the Bank), and David Brager, Executive Vice President of the Bank (the Executive).

CVB Financial Corporation – Severance Compensation Agreement (March 2nd, 2015)

This agreement (the Agreement) is entered into this 1st day of January 2015 (Effective Date), by and between Citizens Business Bank (the Bank), and James Dowd, Executive Vice President of the Bank (the Executive).

Rare Element Resources Ltd – Severance Compensation Agreement (June 17th, 2014)

This Severance Compensation Agreement (this Agreement) is made and entered into as of 16th day of June, 2014 (the Effective Date) by and between Paul H. Zink (the Employee) and Rare Element Resources, Inc., a Wyoming corporation (the Company).

Change of Control Severance Compensation Agreement (March 19th, 2014)

This CHANGE OF CONTROL SEVERANCE COMPENSATION AGREEMENT, dated as of September 17, 2007 (the Agreement), is made by and between KELLER FINANCIAL GROUP, a California corporation (the Company) and John M. Michel (the Executive), with reference to the following facts and circumstances:

Change of Control Severance Compensation Agreement (March 19th, 2014)

This CHANGE OF CONTROL SEVERANCE COMPENSATION AGREEMENT, dated as of September 17, 2007 (the Agreement), is made by and between KELLER FINANCIAL GROUP, a California corporation (the Company) and David O. Rahn (the Executive), with reference to the following facts and circumstances: