SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • February 25th, 2011 • Southern Power Co • Electric services • Georgia
This SEPARATION AND RELEASE AGREEMENT (hereinafter referred to as the “Agreement”) is entered into by MICHAEL D. GARRETT (“Employee”) and GEORGIA POWER COMPANY (the “Company”) and arises out of Employee’s separation from service. In consideration of the material promises contained herein, the parties agree as follows:
TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENTChange in Control Agreement • February 25th, 2011 • Southern Power Co • Electric services
WHEREAS, The Southern Company, Alabama Power Company and Charles D. McCrary (hereinafter collectively referred to as the “Parties”) made and entered into an Amended and Restated Change in Control Agreement (“Agreement”) effective on December 31, 2008, to provide certain benefits to Mr. McCrary in the event of termination following a change in control as contemplated therein; and
TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENTChange in Control Agreement • February 25th, 2011 • Southern Power Co • Electric services
WHEREAS, The Southern Company, Southern Company Services, Inc. and William Paul Bowers (hereinafter collectively referred to as the “Parties”) made and entered into an Amended and Restated Change in Control Agreement (“Agreement”) effective on December 31, 2008, to provide certain benefits to Mr. Bowers in the event of termination following a change in control as contemplated therein; and
TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENTChange in Control Agreement • February 25th, 2011 • Southern Power Co • Electric services
WHEREAS, The Southern Company, Southern Company Services, Inc. and Thomas A. Fanning (hereinafter collectively referred to as the “Parties”) made and entered into an Amended and Restated Change in Control Agreement (“Agreement”) effective on December 31, 2008, to provide certain benefits to Mr. Fanning in the event of termination following a change in control as contemplated therein; and
