Re: Confidential Severance Agreement and Release of All ClaimsWorld Acceptance Corp • February 5th, 2014 • Personal credit institutions • South Carolina
As we have discussed, your retirement as Senior Vice President and Chief Financial Officer of World Acceptance Corporation will be effective on February 3, 2014 (“Termination Date”). You will be paid your current salary through the Termination Date, less FICA, state, and federal income tax withholding, and other deductions which are currently being made. You will be paid for unused vacation. Benefits end as of the end of the month of the Termination Date, except as provided by COBRA.
