February 27, 2007Severance Agreement • March 22nd, 2007 • Calpine Corp • Electric services • California
Your employment with Calpine will end effective February 27, 2007 as a result of a reduction in workforce or restructuring activities (“Qualifying Event”). This letter agreement (the “Agreement”) confirms the terms of your separation from employment with Calpine Corporation, a Delaware corporation or one or more of its subsidiaries (collectively, “Calpine”) and offers you the following benefits in exchange for a release of all claims.
