0001166126-11-000061 Sample Contracts

EXECUTIVE TERMINATION PAY AGREEMENT MICHAEL R. FRANCIS
Executive Termination Pay Agreement • October 3rd, 2011 • J C Penney Co Inc • Retail-department stores • Texas

This Executive Termination Pay Agreement (the “Agreement”), dated as of _______________, 2011 is between J.C. Penney Corporation, Inc. (“Corporation”) and the undersigned member of the Corporation’s Executive Board (the “Executive”).

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