Re: Severance Dear Mr. Holmberg:Severance Agreement • November 2nd, 2007 • Eye Care Centers of America Inc • Retail-retail stores, nec • Pennsylvania
This letter agreement (the “Agreement”) sets forth certain conditions with regard to your employment and post-employment activities as well as the conditions under which you will be entitled to receive severance benefits. For definitions of capitalized terms used in this Agreement, see Appendix A. The term of this Agreement is from November 1, 2007 to December 31, 2009; however, if a Change in Control occurs prior to December 31, 2009, the term of this Agreement will expire two (2) years after the Change in Control. This Agreement applies to terminations of employment during this term.
