0001193125-09-043691 Sample Contracts

SEVERANCE BENEFITS AGREEMENT

Severance Benefits Agreement • March 3rd, 2009 • Active Power Inc • Electric services • Texas

• Contract Type
  Severance Benefits Agreement
• Filed
  March 3rd, 2009
• Company
  Active Power Inc
• Industry
  Electric services
• Jurisdiction
  Texas

THIS SEVERANCE BENEFITS AGREEMENT (the “Agreement”) is made as of the 29th day of October, 2008 between Active Power, Inc., (the “Company”), and James Clishem, an individual resident of the State of Texas (“Employee”). Employee and the Company are collectively referred to herein as the “Parties.”