Common Contracts
1 similar Severance Agreement contracts
ContractSeverance Agreement • May 5th, 2020
<DOCUMENT> <TYPE>EX-10.16 <SEQUENCE>10 <FILENAME>b44904a2exv10w16.txt <DESCRIPTION>SERVERANCE AGREEMENT WITH MARSDEN CASON <TEXT> <PAGE> EXHIBIT 10.16 February 13, 2003 Dear Mardy: Converse Inc. ("Converse") considers the stability of its executive management team to be essential to the best interests of Converse. In order to induce you to remain in the employ of Converse, this severance agreement (the "Agreement") describes the severance compensation which Converse agrees will be provided to you in the event your employment with Converse is terminated under certain of the circumstances described below. 1. At-will Employment. Notwithstanding any provisions of this Agreement, any offer letter, Confidentiality Agreement, Stock Option Agreement or other document that you sign in connection with your employment, your employment at Converse is and continues to be "at-will" employment and may be terminated at any time with or without cause or notice. 2. Scope of Agreement. This Agreement is
