EXECUTIVE TERMINATION PAY AGREEMENT JILL SOLTAUExecutive Termination Pay Agreement • October 2nd, 2018 • J C Penney Co Inc • Retail-department stores • Texas
This Executive Termination Pay Agreement (the “Agreement”), dated as of September 29, 2018 is between J. C. Penney Corporation, Inc. (“Corporation”) and Jill Soltau, its Chief Executive Officer effective October 15, 2018, a member of the Corporation’s executive team (the “Executive”). For the avoidance of doubt, this Agreement shall be of no force and effect prior to commencement of Executive’s employment with the Corporation.
