Common Contracts

2 similar Separation Agreement contracts by Vectrus, Inc.

Contract
Separation Agreement • May 5th, 2020 • Colorado

EX-10.01 2 vec8k1192018ex1001.htm EXHIBIT 10.01 Exhibit 10.01 SEPARATION AGREEMENT AND COMPLETE RELEASE OF LIABILITY Michele L. Tyler and VECTRUS SYSTEMS CORPORATION have reached the following Agreement. In this Agreement, "Employee" refers to Michele L. Tyler and "Company" refers to V�CTRUS SYSTEMS CORPORATION and VECTRUS, INC., its parent, and all of their affiliatesand subsidiaries. 1. Transition Services. During the period October 15, 2018 through January2, 2019, Employee will continue employment in support of the realignment of roles and responsibilities within the legal function, ensuring a smooth transition. 2. Benefits. The Company agrees with Employee as follows: A. Employee's activeemployment with the Company will cease at 11 :59 p.m. MT on January 2, 2019 (also referred to as the "Last Day Workedn). The partiesstipulate that Employee's employment is being terminatedby the Company due to a functional reorganization, and that, subject to the terms of this Agreement, Employee i

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