SEVERANCE AGREEMENTSeverance Agreement • October 12th, 2004 • Heritage Property Investment Trust Inc • Real estate investment trusts • Massachusetts
THIS SEVERANCE AGREEMENT (this "Agreement") is made as of this 13th day of February 2004, between Heritage Property Investment Trust, Inc., a corporation organized under the State of Maryland and having its principal place of business at 535 Boylston Street, Boston, Massachusetts 02116 (the "Company") and Patrick O'Sullivan of Hanover, Massachusetts (the "Executive").
Heritage Property Investment Trust, Inc. 131 Dartmouth Street Boston, MA 02116Heritage Property Investment Trust Inc • October 12th, 2004 • Real estate investment trusts • Massachusetts
As we discussed with respect to your departure from Heritage Property Investment Trust, Inc., its affiliates and subsidiaries ("Heritage"), your employment with Heritage will end effective July 2, 2004 (the "Separation Date"). The purpose of this letter is to set forth our agreement with respect to your separation (the "Agreement"). This Agreement is intended to provide you with benefits substantially equivalent to those you would have received pursuant to the form of Severance Agreement you were provided but did not execute prior to the Separation Date. This Agreement is in lieu of that Severance Agreement and supercedes it in all respects.
