Common Contracts
2 similar Transition and Separation Agreement contracts by Shyft Group, Inc.
TRANSITION AND SEPARATION AGREEMENTTransition and Separation Agreement • July 25th, 2024 • Shyft Group, Inc. • Motor vehicles & passenger car bodies
This Transition and Separation Agreement (this “Transition Agreement”), by and between The Shyft Group, Inc. (the “Company”) and Colin Hindman (“you” and similar words), and effective as of June 3, 2024 (the “Effective Date”), memorializes certain terms of your transition and separation from the Company and its subsidiaries. The terms of this Transition Agreement also address certain requirements under The Shyft Group, Inc. Executive Severance Plan (the “Executive Severance Plan”) in order for you to receive, after the Effective Date, certain of the payments and benefits described in this Transition Agreement, as described or set forth in detail below.
TRANSITION AND SEPARATION AGREEMENTTransition and Separation Agreement • July 27th, 2023 • Shyft Group, Inc. • Motor vehicles & passenger car bodies
This Transition and Separation Agreement (this “Transition Agreement”), by and between The Shyft Group, Inc. (the “Company”) and Daryl M. Adams (“you” and similar words), and effective as of June 9, 2023 (the “Effective Date”), memorializes certain terms of your transition and separation from the Company and its subsidiaries. This Transition Agreement is intended to support the process by which the Company’s Board of Directors (“Board”) will operate a search and leadership transition for the position of President and Chief Executive Officer (“CEO”) at the Company (the “Succession”). The terms of this Transition Agreement also address certain requirements under The Shyft Group, Inc. Executive Severance Plan (the “Executive Severance Plan”) in order for you to receive, after the Effective Date, certain of the payments and benefits described in this Transition Agreement, as described or set forth in detail below.
