Date: August 27, 2014 Clarence Otis, Jr. [Address redacted] Dear Clarence,Separation Agreement • August 28th, 2014 • Darden Restaurants Inc • Retail-eating places • Florida
Thank you for your contributions to the Company during your years of service to Darden. This Agreement will confirm your upcoming termination of active employment from one or more subsidiaries of Darden Restaurants, Inc. (Darden Restaurants, Inc. and its subsidiaries hereinafter referred to as the “Company”) on December 31, 2014 or earlier upon the appointment of your successor (the “Separation Date”). On the Separation Date, you will be placed on a leave of absence until the last day of a one hundred four (104) week period (the “Payment Termination Date”), and you will receive the separation benefits described below from the Separation Date until the Payment Termination Date. This letter sets forth our mutual understanding of the terms of your separation.
