ADDENDUM TO SEPARATION AGREEMENT, RELEASE AND WAIVERSeparation Agreement • May 9th, 2011 • Phi Inc • Air transportation, nonscheduled
This ADDENDUM (“Addendum”) to the Separation Agreement, Release and Waiver previously executed on March 23, 2010, is entered into by and between PHI, Inc. (“PHI”) and William P. Sorenson, PHI Employee No. 7011 (“Employee”).
AGREEMENT, RELEASE AND WAIVER This Agreement, Release and Waiver (“Agreement”) is entered into by and between PHI, Inc. (“PHI”) And William P. Sorenson, PHI Employee No. 7011 (“EMPLOYEE”)Agreement, Release and Waiver • May 9th, 2011 • Phi Inc • Air transportation, nonscheduled • Louisiana
PHI and the EMPLOYEE mutually agree to a severance of the EMPLOYEE’s employment with PHI pursuant to and subject to the terms of this Agreement. You are advised to consult an attorney before signing this Agreement.
