Transition Agreement Sample Contracts

Alphatec Holdings – Re: Resignation and Transition Agreement (March 29th, 2019)

This letter acknowledges and confirms your resignation as President and as a member of the Board of Directors of Alphatec Holdings, Inc. and as President and COO of Alphatec Spine, Inc. (collectively, "ATEC"), effective December 31, 2018 (the "Separation Date"). You have been a valued member of the ATEC leadership team, and we desire you to provide ongoing consulting services for a transition period following your Separation Date. This letter contains the terms and conditions of your separation and the consulting services thereafter (the "Consulting Services").

Deciphera Pharmaceuticals, Inc. – Transition Agreement (March 4th, 2019)
Transition Agreement (February 20th, 2019)

This Transition Agreement (the "Agreement") is made and entered into as of this 3rd day of January 2019 by and between Owens Corning, a Delaware corporation, (the "Company"), and Michael H. Thaman (the "Executive").

Snap Inc – February 5, 2019 Tim Stone via Email Re: Transition Agreement Tim, This Letter Outlines the Terms of Your Voluntary Resignation From Snap Inc. ("Snap"). (February 6th, 2019)
Transition Agreement (February 5th, 2019)
Mphase Technologies – Transition Agreement (January 14th, 2019)

This Agreement ("Agreement"), dated as of January 11, 2019 is by and between mPhase Technologies, Inc., a New Jersey corporation (the "Company") and Anshu Bhatnagar (the "Executive") with an effective date of January 11, 2019 (the "Effective Date"). The Company and the Executive are referred to each individually as a "Party" and collectively as the "Parties".

Transition Agreement (January 10th, 2019)

THIS TRANSITION AGREEMENT (the Agreement) is made and entered into effective January 7, 2019 (Effective Date), by and among Target Corporation, a Minnesota corporation (Target), Target Enterprise, Inc. (Target Enterprise) a subsidiary of Target (Target and Target Enterprise collectively, the Company) and Cathy R. Smith (Executive).

Transition Agreement (January 4th, 2019)

THIS TRANSITION AGREEMENT (this "Agreement") is entered into on this 3rd day of January, 2019, by and between InnerWorkings, Inc., a Delaware corporation (the "Company"), and Charles Hodgkins ("Executive").

Trade Desk, Inc. – Transition Agreement (December 4th, 2018)

This Transition Agreement (this "Agreement") is entered into as of November 30, 2018 by and between Rob Perdue ("Executive") and The Trade Desk, Inc., a Delaware corporation (the "Company") (each of the foregoing being referred to individually as a "Party" and jointly as the "Parties").

Strayer Education, Inc. – Transition Agreement (November 8th, 2018)

This TRANSITION AGREEMENT (this "Agreement") dated as of October 29, 2017, (the "Agreement Execution Date"), is by and between Capella Education Company, a Minnesota corporation (the "Company") and J. Kevin Gilligan (the "Executive").

Transition Agreement (November 6th, 2018)

This Transition Agreement (this "Agreement") is made and entered into this 15th day of October 2018 (the "Effective Date"), by and between Electronics For Imaging, Inc., a Delaware corporation (the "Company"), and Guy Gecht ("Executive").

AMENDMENT NO. 1 to TRANSITION AGREEMENT (November 6th, 2018)

Reference is made to the Transition Agreement (the"Agreement") made and entered into on the 15th day of October 2018, by and between Electronics For Imaging, Inc., a Delaware corporation (the "Company"), and Guy Gecht ("Executive").

Transition Agreement (October 30th, 2018)
Trinet Group Inc – Transition Agreement (October 29th, 2018)

THIS TRANSITION AGREEMENT (the "Agreement") is entered into as of August 16, 2018 (the "Effective Date"), by and among TriNet Group, Inc., a Delaware corporation (together with its successors and assigns, the "Company"), and Brady Mickelsen (the "Executive").

Transition Agreement (September 18th, 2018)

This Transition Agreement ("Transition Agreement") is entered into by and between Aditya P. Mohanty ("Executive") and BioTime, Inc. (the "Company") and confirms the agreement that has been reached with Executive in connection with Executive's separation from the Company.

Transition Agreement (September 18th, 2018)

This Transition Agreement ("Transition Agreement") is entered into by and between Michael D. West ("Executive") and BioTime, Inc. (the "Company") and confirms the agreement that has been reached with Executive in connection with Executive's separation from the Company.

Fitlife Brands, Inc. – Transition Agreement (September 12th, 2018)

This Transition Agreement (the "Agreement") is effective as of August 15, 2018 (the "Effective Date") between FitLife Brands, Inc., a Nevada corporation (the "Company"), and Michael Abrams ("Abrams") (each of the foregoing individually a "Party" and collectively the "Parties").

PICO Holdings Inc. – Transition Agreement (August 8th, 2018)

This TRANSITION AGREEMENT (the "Agreement") is effective as of August 6, 2018 (the "Effective Date") and is entered into by and between PICO Holdings, Inc., a Delaware corporation (the "Company"), and John T. Perri ("Executive").

Transition Agreement (August 1st, 2018)

This Transition Agreement (the "Agreement") is entered into on this 31st day of July, 2018, by and between DaVita Inc. a Delaware corporation, and James Hilger ("Executive"). Unless the context indicates otherwise, the term "Company" means and includes DaVita Inc., its successors, assigns, parents, subsidiaries, divisions and/or affiliates (whether incorporated or unincorporated), all of its related entities, and all of the past and present directors, officers, trustees, agents and employees of each.

Casual Male Retail Group – SECOND AMENDMENT to TRANSITION AGREEMENT (July 31st, 2018)

This Second Amendment to Transition Agreement (the "Second Amendment") is made as of this 31 day of July, 2018 (the "Execution Date") by and between Destination XL Group, Inc., a Delaware corporation ("Company"), and David A. Levin, an individual ("Executive"). The terms "Party" or "Parties" shall be used to refer to the Company and/or Executive. Capitalized terms not defined herein shall have the meaning ascribed in the Employment Agreement (defined below).

Casual Male Retail Group – FIRST AMENDMENT to TRANSITION AGREEMENT (June 25th, 2018)

This First Amendment to Transition Agreement (the "First Amendment") is made as of this 25 day of June, 2018 (the "Execution Date") by and between Destination XL Group, Inc., a Delaware corporation ("Company"), and David A. Levin, an individual ("Executive"). The terms "Party" or "Parties" shall be used to refer to the Company and/or Executive. Capitalized terms not defined herein shall have the meaning ascribed in the Employment Agreement (defined below).

Verrica Pharmaceuticals Inc. – Re: Transition Agreement (June 5th, 2018)

This letter sets forth the substance of the Transition Agreement (the Transition Agreement or Agreement) which Verrica Pharmaceuticals, Inc. (the Company) is offering to you.

Transition Agreement (May 10th, 2018)

AGREEMENT dated the 1st day of February 2018, between Harley-Davidson, Inc., a Wisconsin corporation (the "Corporation"), and Michelle A. Kumbier (the "Executive"). Unless otherwise indicated, terms used herein and defined in Schedule A shall have the meanings assigned to them in Schedule A.

Snap Inc – Re: Transition Agreement (May 7th, 2018)

This letter outlines the terms of your departure from Snap Inc. (Snap). Snap appreciates how you built our finance department from the ground up, prepared us for our IPO last year, and helped us build a cost structure that will enable us to scale our business into the future.

Replidyne, Inc. – To: Larry Betterley Re: Transition Agreement Dear Larry: (May 4th, 2018)

As you know, you have indicated to Cardiovascular Systems, Inc. ("CSI") that you plan to voluntarily resign your employment with CSI for the purpose of retirement effective August 15, 2018. The purpose of this letter agreement is to confirm your and CSI's agreement with regard to the upcoming transition and end of your employment relationship with CSI. As used herein, the "Transition Period" shall be the period commencing as of the date you sign this letter agreement below and ending at the close of business on August 15, 2018.

National Bank Holdings Corp. – Transition Agreement (May 2nd, 2018)

THIS TRANSITION AGREEMENT (this "Agreement"), dated as of May 2, 2018, is entered into by and between National Bank Holdings Corporation, a Delaware corporation (the "Company"), and Brian F. Lilly (the "Executive").

Athenex, Inc. – Transition Agreement (April 30th, 2018)

This TRANSITION AGREEMENT (the Agreement) is made and entered into this 27th day of April, 2018 by and between James Zukin (hereinafter Director) and Athenex, Inc., a Delaware corporation (the Company). Director and the Company are sometimes referred to herein each as a Party and together as the Parties.

Employee Transition Agreement (April 26th, 2018)

THIS EMPLOYEE TRANSITION AGREEMENT ("Agreement") is entered into effective as of the 25th day of April 2018 (the "Effective Date"), by and between Maneesh Arora ("Employee") and Exact Sciences Corporation, a Delaware corporation (the "Company").

Transition Agreement (April 26th, 2018)

THIS TRANSITION AGREEMENT ("Agreement"), effective as of April 25, 2018 ("Effective Date"), is entered into by and between Deluxe Corporation, a Minnesota corporation, whose address is 3680 Victoria Street North, Shoreview, MN 55126 (the "Company") and LEE J. SCHRAM, an individual ("Executive").

Pacific DataVision, Inc. – Continued Service, Consulting and Transition Agreement (April 23rd, 2018)

This Continued Service, Consulting and Transition Agreement (this "Agreement") is made and entered into as of April 23, 2018 (the "Agreement Date"), by and between pdvWireless, Inc., a Delaware corporation, with its principal place of business at 3 Garret Mountain Plaza, Suite 401, Woodland Park, New Jersey 07424 (the "Company"), and John Pescatore, an individual with his principal address at *** ("Pescatore") (each herein referred to individually as a "Party," and collectively as the "Parties").

Confidential Transition Agreement (April 20th, 2018)

This CONFIDENTIAL TRANSITION AGREEMENT ("Agreement") is made effective this 15th day of March, 2018, by and between Angela D. Jilek ("Employee") and Pentair Management Company on behalf of itself, its predecessors, subsidiaries and affiliated entities (collectively, "Company").

Casual Male Retail Group – Transition Agreement (March 23rd, 2018)

This Transition Agreement (the "Agreement") is made as of this 20th day of March, 2018 (the "Execution Date") by and between Destination XL Group, Inc., a Delaware corporation ("Company"), and David A. Levin, an individual ("Executive"). The terms "Party" or "Parties" shall be used to refer to the Company and/or Executive. Capitalized terms not defined herein shall have the meaning ascribed in the Employment Agreement (defined below).

Transition Agreement (March 1st, 2018)

This Transition Agreement (Agreement) is between Patterson Companies, Inc., on behalf of itself, its affiliated and related entities, and any of their respective direct or indirect subsidiaries (collectively referred to herein as the Company or Patterson), and Ann B. Gugino (referred to herein as Executive) (Patterson and Executive are collectively referred to herein as Parties). This Agreement is effective fifteen (15) days from the date on which it is signed by all Parties hereto (Effective Date).

Trinet Group Inc – Amendment to Transition Agreement (February 27th, 2018)

THIS AMENDMENT (the "Amendment") is entered into as of January 1, 2018 (the "Effective Date"), by and among TriNet Group, Inc., a Delaware corporation (together with its successors and assigns, the "Company"), and William Porter (the "Executive"), as an amendment to the Transition Agreement dated September 30, 2016 (the "Original Agreement" and, together with the Amendment, the "Amended Agreement").

Dermira, Inc. – Transition Agreement (February 22nd, 2018)

This Transition Agreement (this "Agreement") is made and entered into as of November 6, 2017, by and between Dermira, Inc., a Delaware corporation ("Dermira"), and UCB Pharma S.A., a limited liability corporation incorporated under the laws of Belgium ("UCB"). Terms not otherwise defined herein shall have the respective meanings ascribed to them in the Development Agreement (as defined below).