Common Contracts
2 similar Executive Officer Severance Agreement contracts by Ak Steel Holding Corp
FORM OF EXECUTIVE OFFICER SEVERANCE AGREEMENTExecutive Officer Severance Agreement • February 17th, 2017 • Ak Steel Holding Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio
This letter agreement (the “Agreement”) sets forth the extent to which benefits will be provided to you in the event of termination, under certain circumstances, of your employment with AK Steel Corporation (the “Company”), AK Steel Holding Corporation (“Holding”) or any of their respective subsidiaries, affiliates, or successors (hereinafter collectively referred to as “AKS”). It further sets forth your obligations and commitments in exchange for continued employment with AKS, the compensation and benefits you receive during such employment, and the promise and/or receipt of severance benefits if your employment terminates under certain circumstances. It establishes time limits for asserting certain claims under this Agreement or arising out of your employment relationship with AKS. It also requires that certain claims be resolved through arbitration rather than through litigation. This Agreement is not, however, an employment agreement and nothing in this Agreement shall be construed
FORM OF EXECUTIVE OFFICER SEVERANCE AGREEMENTExecutive Officer Severance Agreement • March 26th, 2014 • Ak Steel Holding Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio
Reference is made to the agreement between us, dated [date of Executive Officer's original Severance Agreement and any amendments thereto] (the “Prior Agreement”), setting forth the extent to which benefits will be provided to you in the event of termination, under certain circumstances, of your employment with AK Steel Corporation (the “Company”), AK Steel Holding Corporation (“Holding”) or any of their respective subsidiaries, affiliates, or successors (hereinafter collectively referred to as “AKS”). Upon your execution of this letter agreement (the “Agreement”), the Prior Agreement shall be deemed superseded in its entirety and no longer in effect. This Agreement sets forth your obligations and commitments in exchange for continued employment with AKS, the compensation and benefits you receive during such employment, and the promise and/or receipt of severance benefits if your employment terminates under certain circumstances. It establishes time limits for asserting certain claims
