SEVERANCE AGREEMENTSeverance Agreement • March 26th, 2003 • Newhall Land & Farming Co /Ca/ • Land subdividers & developers (no cemeteries) • California
This Severance Agreement ("Agreement") is entered into and effective as of March 1, 2003 ("Termination Date"), between The Newhall Land and Farming Company (a California Limited Partnership) ("NLF") and Stuart R. Mork ("Mr. Mork"). NLF's ultimate managing general partner is Newhall Management Corporation ("NMC") and where appropriate will be referred together with NLF as the "Company." The Company and Mr. Mork are referred to in this Agreement as the "Parties."
