Common Contracts
1 similar Separation Agreement contracts
ContractSeparation Agreement • May 5th, 2020 • Georgia
<DOCUMENT> <TYPE>EX-10.1 <SEQUENCE>2 <FILENAME>x10-1.txt <TEXT> Exhibit 10.1 SEPARATION AGREEMENT THIS SEPARATION AGREEMENT ("Agreement") made and entered into by and between GEORGIA POWER COMPANY (the "Company") and WILLIAM C. ARCHER, III ("Employee"). W I T N E S S E T H WHEREAS, Employee has been employed by the Company for approximately thirty-five (35) years; WHEREAS, Employee is a highly compensated employee of the Company and is a member of its management; WHEREAS, in order to be eligible for benefits under this Agreement, the parties have agreed that Employee must separate from service with the Company on March 19, 2006; WHEREAS, the parties desire to delineate their respective rights, duties, and obligations attendant to such separation from service, and desire to reach an accord and satisfaction of all claims arising from Employee's employment and his separation from service, with appropriate releases; and WHEREAS, the Company desires to compensate Employee for service he has
