0001104659-01-501363 Sample Contracts

WINLAND ELECTRONICS, INC. 1950 EXCEL DRIVE MANKATO, MN 56001
Winland Electronics Inc • August 10th, 2001 • Industrial instruments for measurement, display, and control • Minnesota

As we have discussed with you, your employment with Winland Electronics, Inc. (“Winland”) will terminate effective May 31, 2001, due to the announcement of your retirement. Pursuant to Section 4.1(a) of the Employment Agreement between you and Winland dated January 1, 1999, as amended August 14, 2000, the purpose of this Separation Agreement and Release letter (“Agreement”) is to set forth the parties’ agreement concerning your separation from employment and the specific separation pay and benefits that Winland will provide you in exchange for your agreement to the terms and conditions of this Agreement.

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