Re: Separation Agreement Dear Steve:Separation Agreement • December 3rd, 2020 • Covanta Holding Corp • Cogeneration services & small power producers • New Jersey
This Separation Agreement (the “Agreement”) will confirm our mutual understanding and agreements regarding your separation, individually and collectively, from Covanta Projects, LLC (“Employer”), Covanta Energy LLC and its subsidiaries (“Covanta Energy”) and Covanta Holding Corporation (“Parent”). For purposes of this Agreement, Employer, together with Parent and its direct and indirect subsidiaries, including without limitation, Covanta Energy, are referred to herein collectively as the “Covanta Companies.” Unless otherwise defined herein, capitalized terms shall have the meaning ascribed to them in the Severance Plan for Covanta Energy LLC Senior Officers effective as of February 25, 2010 (the “Severance Plan”).
