0000950172-98-000294 Sample Contracts

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Mr. Allan G. Keirstead Vice Chairman, Executive Vice President, Chief Administrative and Financial Officer Stanhome Inc. 333 Western Avenue Westfield, Massachusetts 01085 Either Party may change the address to which notices are to be sent by providing...
Release Agreement • March 27th, 1998 • Stanhome Inc • Wholesale-miscellaneous nondurable goods

RELEASE AGREEMENT This Release Agreement is entered into by and between Bruce H. Wyatt, a resident of 11 Bittersweet Lane, Wilbraham, Massachusetts (hereinafter referred to as "Associate"), and Stanhome Inc., a Massachusetts corporation having a principal place of business at 333 Western Avenue, Westfield, Massachusetts (hereinafter referred to as the "Company"). In consideration of the promises, conditions and representations set forth herein, the severance payments being provided to Associate by the Company as set forth below, and other good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged by Associate and the Company (hereinafter sometimes referred to collectively as the "Parties"), the Parties hereby agree as follows: 1. Termination Date. Associate's employment with the Company shall terminate involuntarily without cause as of the close of business on March 31, 1998 (the "Termination Date"). 2. Continuation of Salary and Benefits After Termin

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