SEVERANCE PAYMENT AND RELEASE AGREEMENTSeverance Payment and Release Agreement • January 8th, 2016 • ClubCorp Holdings, Inc. • Services-membership sports & recreation clubs • Texas
This Severance Payment and Release Agreement is made between James Walters (“Employee”) and ClubCorp USA, Inc. (“Employer”). Employee, in return for and in consideration of the promises, payments and agreements Employer makes in this Agreement, and Employer, in return for and in consideration of the promises and agreements Employee makes in this Agreement, each agree to the following:
