SEVERANCE, RELEASE, AND PROPRIETARY INTERESTS PROTECTION AGREEMENTSeverance Agreement • June 19th, 2009 • Illinois Tool Works Inc • General industrial machinery & equipment • Illinois
This Severance, Release and Proprietary Interests Protection Agreement (the “Agreement”) is made and entered into by and among Illinois Tool Works Inc. (“Company”) including its subsidiaries, affiliates, successors and assigns (collectively “the Company”) and Russell M. Flaum (“ Flaum”) (collectively the “Parties”) on the dates shown below. In consideration of the promises, obligations, covenants, monies and other valuable consideration contained herein, the Parties agree as follows:
