TRANSITION SERVICES AGREEMENTTransition Services Agreement • August 25th, 2011 • J C Penney Co Inc • Retail-department stores • Texas
This transition services agreement (this "Agreement") between J. C. Penney Company, Inc., a Delaware corporation, including its subsidiaries and affiliates (“jcpenney”), and Myron E. Ullman III (“You, or “Your”) will set forth our mutual understanding as to the rights and obligations of You and jcpenney in connection with Your retirement from jcpenney, effective as of January 27, 2012, or an earlier date determined by the Board of Directors of the Company (the “Board”).
