AGREEMENTSeverance Agreement • August 31st, 2023 • JOANN Inc. • Retail-miscellaneous shopping goods stores
THIS AGREEMENT (“Agreement”) is made as of the 12th day of July, 2023 (the “Effective Date”) between JO-ANN STORES, LLC, an Ohio limited liability company (the “Company”), and John Stalcup (“Executive”).
SEPARATION AGREEMENT AND RELEASESeparation Agreement • August 31st, 2023 • JOANN Inc. • Retail-miscellaneous shopping goods stores
This Separation Agreement and Release (this “Separation Agreement”), by and between JOANN Inc. (the “Company”) and Wade Miquelon (“you” and similar words), sets forth certain terms of your separation from the Company and its subsidiaries (including certain requirements under your Amended and Restated Severance Agreement, dated as of February 3, 2019, with Jo-Ann Stores, LLC (“Jo-Ann LLC”) (the “Severance Agreement”)), including certain terms required in order for you to receive certain separation payments and benefits, as set forth in detail below.
