SPECIAL SEPARATION AGREEMENT & RELEASESpecial Separation Agreement • May 18th, 2005 • Delphi Corp • Motor vehicle parts & accessories
Donald L. Runkle (hereinafter “Employee”) and Delphi Corporation, its subsidiaries, affiliates, and divisions (hereinafter collectively “Delphi”), in consideration of the payments and mutual covenants contained herein, enter into the following individual Special Separation Agreement and Release (hereinafter “Agreement”):
ContractRetirement Incentive Program Agreement • May 18th, 2005 • Delphi Corp • Motor vehicle parts & accessories
Management has discussed with me the options of continued employment with Delphi Corporation (“Delphi”) or separating from Delphi by accepting a retirement under the provisions of the Delphi Executive Retirement Incentive Program (“ERIP”). I have evaluated the policy and benefit arrangements made available to me under the ERIP and have decided to accept them.
