July 15, 2008Standard Pacific Corp /De/ • July 29th, 2008 • Operative builders
As a result of the Company’s decision to reduce its workforce based upon business needs, your employment will end as of July 15, 2008. The purpose of this letter is to set forth the terms and conditions for receiving separation pay and certain other benefits. In order to receive separation pay and these other benefits, you will need to sign this letter agreement and comply with all of its terms.
