August 5, 2008 PERSONAL AND CONFIDENTIAL VIA HAND DELIVERY Mr. Thomas Bunn 127 Public Square Cleveland, Ohio 44114 Dear Tom: Tom, initially, let me apologize for what may appear to be a very “legal” letter agreement (“Letter Agreement”) addressing the...Retirement Agreement • August 8th, 2008 • Keycorp /New/ • National commercial banks
This Letter Agreement confirms our various discussions and it serves to outline the terms of your continued employment and retirement from Key as well as the transitioning arrangements that you have agreed to provide to Key. The salary and various benefits to be paid to you under the terms of this Letter Agreement are in lieu of all rights and interests you may have relating to your employment and the termination thereof.
