TRANSITION AGREEMENT BY AND BETWEEN FIRSTMERIT CORPORATION AND GEORGE P. PAIDASTransition Agreement • October 27th, 2006 • Firstmerit Corp /Oh/ • National commercial banks • Ohio
Effective as of the Effective Date (as defined in Section 10.03[4]), FirstMerit Corporation (“Corporation”), an Ohio corporation, and George P. Paidas (“Mr. Paidas”), collectively, the “Parties,” enter into this Transition Agreement (“Agreement”) to describe the terms and conditions of Mr. Paidas’ continuing employment with the Corporation and subsequent retirement at the end of the Term (as defined below) of this Agreement.
