Common Contracts

2 similar Separation Agreement contracts by Gmac LLC

EX-10.1 3 k17109exv10w1.htm SEPARATION AGREEMENT AND RELEASE OF CLAIMS
Separation Agreement • May 5th, 2020 • Minnesota

EXHIBIT 10.1 SEPARATION AGREEMENT AND RELEASE OF CLAIMS This Separation Agreement and General Release of Claims (“Agreement”) is made and entered into between Residential Funding Company, LLC (“RFC” or “Company”) and Bruce Paradis (“Paradis” or “you”). This Agreement represents our mutual understanding and agreement concerning your at-will employment with RFC, which will terminate effective June 1, 2007 (“Separation Date”). IT IS HEREBY AGREED, by and between Paradis and RFC as follows: 1. Release Consideration. If you sign this Agreement on or before July 1, 2007 and do not revoke pursuant to Section 17 of this Agreement, RFC will provide you with the following consideration as set forth in Sections 1(a), 1(b), 1(c) and 1 (d). a. The sum of $511,271.00 less all applicable federal, state, local, and benefit withholdings, payable to you within 10 business days following the 15-Day Revocation Period detailed in Section 17 herein. RFC will issue you an IRS Form W-2 for this sum. This cons

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SEPARATION AGREEMENT AND RELEASE OF CLAIMS
Separation Agreement • August 7th, 2007 • Gmac LLC • Finance lessors

This Separation Agreement and General Release of Claims (“Agreement”) is made and entered into between Residential Funding Company, LLC (“RFC” or “Company”) and Bruce Paradis (“Paradis” or “you”). This Agreement represents our mutual understanding and agreement concerning your at-will employment with RFC, which will terminate effective June 1, 2007 (“Separation Date”).

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