SEPARATION AGREEMENT By and Between EXELON CORPORATION and CONSTELLATION ENERGY CORPORATION Dated January 31, 2022Separation Agreement • February 2nd, 2022 • Constellation Energy Corp • Electric services • Delaware
THIS SEPARATION AGREEMENT (this “ Agreement”) is entered into January 31, 2022, by and between Exelon Corporation, a Pennsylvania corporation (“Exelon”), and Constellation Energy Corporation, a Pennsylvania corporation and a direct, wholly-owned subsidiary of Exelon (“Constellation”). Exelon and Constellation are sometimes referred to herein individually as a “Party,” and collectively as the “Parties.” Capitalized terms used but not otherwise defined herein shall have the respective meanings set forth in Section 1.1.
