0001104659-05-053668 Sample Contracts

WAIVER AND RELEASE
Waiver and Release • November 9th, 2005 • Northwestern Corp • Electric & other services combined • South Dakota

This Waiver and Release, (“Release”, undersigned and dated as of September 1, 2005, (“Release”), is entered into by and between NorthWestern Corporation, d/b/a NorthWestern Energy, a Delaware corporation with its principal place of business located at 125 South Dakota Avenue, Suite 1100, Sioux Falls, South Dakota, 57104-6403, its officers, agents, directors, employees, successors, subsidiaries, insurers, parents and/or affiliated companies, and assigns (“NWEC or Company”) and Roger Schrum (“Schrum”), a South Dakota resident, to settle all issues between us in connection with Schrum’s severance of employment. NWEC and Schrum are collectively referred to herein as the “Parties”.

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