0001140361-24-012800 Sample Contracts

Turning Point Brands. Inc. Louisville, KY 40229
Release and Severance Agreement • March 12th, 2024 • Turning Point Brands, Inc. • Tobacco products

As discussed, Turning Point Brands, Inc., together with any successor thereto ("Turning Point" and, together with its applicable employing subsidiaries, the "Company"), agrees to retain your services on the terms, provisions and conditions set forth in this employment letter (this "Agreement"). If you find these terms, provisions and conditions acceptable, please sign this Agreement where indicated and return it to me as soon as possible. This Agreement will become effective on the date on which you commence employment with the Company, which is expected to occur no later than April 1, 2024 (the "Effective Date"). For the avoidance of doubt, unless otherwise agreed to by the parties in writing, if the Effective Date does not occur for any reason by April 1, 2024, then this Agreement shall be void ab initio, and the parties shall have no rights or obligations to each other arising hereunder.

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