SEVERANCE AGREEMENTSeverance Agreement • September 10th, 2009 • Talbots Inc • Retail-women's clothing stores • Massachusetts
This Severance Agreement (the “Agreement”) is made as of April 30, 2009, between The Talbots, Inc., a Delaware corporation (together with its subsidiaries, the “Company”) and Richard T. O’Connell, Jr. (the “Executive”). This Agreement sets forth the agreement of the parties relating to the severance arrangements for the Executive under certain circumstances. Capitalized terms used in this Agreement are defined in Section 7 hereof.
