Common Contracts
3 similar Special Severance Payment Agreement contracts by Genworth Mortgage Holdings, Inc.
SPECIAL SEVERANCE PAYMENT AGREEMENTSpecial Severance Payment Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service • Virginia
Purpose: The purpose of this Special Severance Payment Agreement (the “Payment Agreement”) is to provide that you, as a key contributor employed by Genworth Financial, Inc. (together with its affiliates, the “Company”), receive an additional payment in the event your employment with the Company is terminated during a certain Payment Period under circumstances which entitle you to receive severance pay and layoff benefits under the Genworth Financial, Inc. Layoff Payment Plan (“Layoff Plan”) or as a “Tier III” employee under the 2015 Key Employee Severance Plan (“Key Employee Plan”), as applicable (together, the “Plans”). This Payment Agreement is being awarded in recognition of the significant role you will have during that Payment Period. Name: Dean Mitchell Payment Period: The “Payment Period” begins on the effective date of this Payment Agreement and ends on December 31, 2021. If your employment with the Company is terminated for any reason at any time preceding the start, or follow
SPECIAL SEVERANCE PAYMENT AGREEMENTSpecial Severance Payment Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service • Virginia
Purpose: The purpose of this Special Severance Payment Agreement (the “Payment Agreement”) is to provide that you, as a key contributor employed by Genworth Financial, Inc. (together with its affiliates, the “Company”), receive an additional payment in the event your employment with the Company is terminated during a certain Payment Period under circumstances which entitle you to receive severance pay and layoff benefits under the Genworth Financial, Inc. Layoff Payment Plan (“Layoff Plan”) or as a “Tier II” employee under the 2015 Key Employee Severance Plan (“Key Employee Plan”), as applicable (together, the “Plans”). This Payment Agreement is being awarded in recognition of the significant role you will have during that Payment Period. Name: Rohit Gupta Payment Period: The “Payment Period” begins on the effective date of this Payment Agreement and ends on December 31, 2021. If your employment with the Company is terminated for any reason at any time preceding the start, or following
AMENDMENT NO. 1 TO SPECIAL SEVERANCE PAYMENT AGREEMENT]Special Severance Payment Agreement • April 27th, 2021 • Genworth Mortgage Holdings, Inc. • Insurance agents, brokers & service • Virginia
THIS AMENDMENT NO. 1 (“Amendment”) is attached to and made a part of the Special Severance Payment Agreement executed on or about January 1, 2021 (the “Payment Agreement”), by and between GENWORTH FINANCIAL, INC. and its affiliates (collectively, the “Company”) and DEAN MITCHELL (the “Employee”). All capitalized terms not defined herein shall have the meanings ascribed to them in the Payment Agreement.
