SEPARATION AGREEMENTSeparation Agreement • May 3rd, 2007 • Michaels Stores Inc • Retail-hobby, toy & game shops • Texas
Contract Type FiledMay 3rd, 2007 Company Industry JurisdictionThis Agreement is made by and between Michaels Stores, Inc. (the “Company”) and Sam Wyly (the “Executive”) on the Closing Date of the merger described in the Recitals below (the “Effective Date”). Any capitalized term not defined in this Agreement shall have the meaning ascribed to it in the Merger Agreement (defined in the Recitals).
SEPARATION AGREEMENTSeparation Agreement • May 3rd, 2007 • Michaels Stores Inc • Retail-hobby, toy & game shops • Texas
Contract Type FiledMay 3rd, 2007 Company Industry JurisdictionThis Agreement is made by and between Michaels Stores, Inc. (the “Company”) and Charles J. Wyly, Jr. (the “Executive”) on the Closing Date of the merger described in the Recitals below (the “Effective Date”). Any capitalized term not defined in this Agreement shall have the meaning ascribed to it in the Merger Agreement (defined in the Recitals).