RETENTION AND DEFERRED COMPENSATION AGREEMENTRetention and Deferred Compensation Agreement • August 13th, 2003 • Fleetboston Financial Corp • National commercial banks • Massachusetts
THIS RETENTION AND DEFERRED COMPENSATION AGREEMENT (“Agreement”) dated February 28, 2000 and effective as of October 1, 1999 (the “Effective Date”), by and between Fleet Boston Corporation, a corporation organized under the laws of Rhode Island (the “Company”) and Mary-Etta Schneider (the “Executive”).
FleetBoston Financial Corporation Letterhead]Fleetboston Financial Corp • August 13th, 2003 • National commercial banks
The purpose of this letter is to set forth the agreements between you and FleetBoston Financial Corporation, including its past and present parent corporations, their past and present divisions, subsidiaries, affiliates, predecessors, successors and assigns and their respective past and present employees, directors, officers and agents (hereinafter collectively referred to as the “Company” or “Fleet”) concerning the terms of your departure from the Company’s employ, including enhanced separation pay and benefits which you have agreed to accept in exchange for a release of claims and other agreements as set forth herein.
