Common use of Severance Consideration Clause in Contracts

Severance Consideration. In connection with Xx. Xxxxxx’x termination, MEMC and Xx. Xxxxxx have agreed to settle all matters relating to Xx. Xxxxxx’x employment relationship with MEMC and the termination of such relationship. In exchange for Xx. Xxxxxx’x promises and obligations herein, the parties agree as follows:

Appears in 2 contracts

Samples: Separation Agreement (Memc Electronic Materials Inc), Separation Agreement and General Release (Memc Electronic Materials Inc)

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Severance Consideration. In connection with Xx. Xxxxxx’x Xxxxxxx’x termination, MEMC and Xx. Xxxxxx Xxxxxxx have agreed to settle all matters relating to Xx. Xxxxxx’x Xxxxxxx’x employment relationship with MEMC and the termination of such relationship. In exchange for Xx. Xxxxxx’x Xxxxxxx’x promises and obligations herein, the parties agree as follows:

Appears in 2 contracts

Samples: Separation Agreement (Memc Electronic Materials Inc), Separation Agreement (Memc Electronic Materials Inc)

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