ContractSeverance Agreement • November 13th, 2002 • Transport Corporation of America Inc • Trucking (no local) • Minnesota
TRANSPORT CORPORATION OF AMERICA, INC. 1715 Yankee Doodle Road Eagan, MN 55121 July 29, 2002 Mr. Robert C. Stone 6443 Orchard Avenue North Brooklyn Center, Minnesota 55429 Dear Bob: This letter describes the agreement by and among you and Transport America regarding (a) your termination as Vice President of Fleet Services of Transport Corporation of America, Inc. due to a reorganization of Transport America’s management team and the elimination of your position, and (b) your release of any claims you may have against Transport America. You have also agreed to certain confidentiality restrictions that are reflected in this letter as well. The term “Transport America” as used in this Agreement means Transport Corporation of America, Inc., its subsidiaries and respective officers and directors. If, after reading this letter, you feel there is any discrepancy between our conversations and the content of this letter, please contact Karen Vesovich, Director of Human Resources
