Common Contracts

3 similar Separation Agreement contracts by Hyster-Yale Materials Handling, Inc., Nacco Industries Inc

Contract
Separation Agreement • May 5th, 2020 • Delaware

EX-10.1 2 ex101separationagreement.htm EX 10.1 Exhibit 10.1 SEPARATION AGREEMENT This SEPARATION AGREEMENT (this “Agreement”), is dated as of September 28, 2012, 2012, by and between NACCO Industries, Inc., a Delaware corporation (“Parent”) and Hyster-Yale Materials Handling, Inc. (“HY”), a Delaware corporation and wholly owned Subsidiary of Parent. Parent and HY will individually be referred to as a “Party” and collectively as the “Parties.” RECITALS A.Parent intends to make a distribution to its stockholders of all of the outstanding shares of capital stock of HY in accordance with the terms hereof (the “Spin-Off”). B.As a consequence of the Spin-Off, HY will cease to be a Subsidiary of Parent. C.The Parties intend for the Spin-Off to qualify as a tax-free spin-off under Section 355 of the Internal Revenue Code of 1986, as amended (the “Code”). D.Parent and HY desire to allocate certain rights and responsibilities of Parent, HY and their respective Subsidiaries and successors for per

AutoNDA by SimpleDocs
SEPARATION AGREEMENT
Separation Agreement • November 1st, 2012 • Nacco Industries Inc • Industrial trucks, tractors, trailors & stackers • Delaware

This SEPARATION AGREEMENT (this “Agreement”), is dated as of September 28, 2012, 2012, by and between NACCO Industries, Inc., a Delaware corporation (“Parent”) and Hyster-Yale Materials Handling, Inc. (“HY”), a Delaware corporation and wholly owned Subsidiary of Parent. Parent and HY will individually be referred to as a “Party” and collectively as the “Parties.”

SEPARATION AGREEMENT
Separation Agreement • October 4th, 2012 • Hyster-Yale Materials Handling, Inc. • Industrial trucks, tractors, trailors & stackers • Delaware

This SEPARATION AGREEMENT (this “Agreement”), is dated as of September 28, 2012, 2012, by and between NACCO Industries, Inc., a Delaware corporation (“Parent”) and Hyster-Yale Materials Handling, Inc. (“HY”), a Delaware corporation and wholly owned Subsidiary of Parent. Parent and HY will individually be referred to as a “Party” and collectively as the “Parties.”

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!