SEPARATION AGREEMENT, GENERAL RELEASE AND WAIVER OF CLAIMSSeparation Agreement • December 16th, 2014 • Schwab Charles Corp • Security brokers, dealers & flotation companies • California
This Separation Agreement, General Release and Waiver of Claims (“Agreement”) is entered into by and between John Clendening (“Mr. Clendening”), on the one hand, and The Charles Schwab Corporation and Charles Schwab & Co., Inc., their respective affiliates and the predecessors, successors and assigns of each of the foregoing (collectively “Schwab” or the “Company”), on the other hand, dated as of the date by which both parties have executed the Agreement (the “Execution Date”) and effective upon the expiration of the Revocation Period described in Paragraph 25 (g), below (“Effective Date”). Together, Mr. Clendening and the Company shall be referred to herein as the “Parties.”
