Common Contracts
2 similar Executive Termination Pay Agreement contracts by J C Penney Co Inc
ContractExecutive Termination Pay Agreement • May 5th, 2020 • Texas
EX-10.2 3 exhibitetpa.htm EXHIBIT 10.2 Exhibit 10.2 EXECUTION COPY EXECUTIVE TERMINATION PAY AGREEMENT JILL SOLTAU This Executive Termination Pay Agreement (the “Agreement”), dated as of September 29, 2018 is between J. C. Penney Corporation, Inc. (“Corporation”) and Jill Soltau, its Chief Executive Officer effective October 15, 2018, a member of the Corporation’s executive team (the “Executive”). For the avoidance of doubt, this Agreement shall be of no force and effect prior to commencement of Executive’s employment with the Corporation. WHEREAS, in order to achieve its long-term objectives, the Corporation recognizes that it is essential to attract and retain superior executives; WHEREAS, in order to induce the Executive to serve in the Executive’s position with the Corporation, the Corporation desires to provide the Executive with the right to receive certain benefits in the event the Executive experiences an Involuntary Separation from Service without Cause or Voluntary Separation
EXECUTIVE TERMINATION PAY AGREEMENT JILL SOLTAUExecutive Termination Pay Agreement • October 2nd, 2018 • J C Penney Co Inc • Retail-department stores • Texas
This Executive Termination Pay Agreement (the “Agreement”), dated as of September 29, 2018 is between J. C. Penney Corporation, Inc. (“Corporation”) and Jill Soltau, its Chief Executive Officer effective October 15, 2018, a member of the Corporation’s executive team (the “Executive”). For the avoidance of doubt, this Agreement shall be of no force and effect prior to commencement of Executive’s employment with the Corporation.
