SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEESeverance Pay Agreement • March 1st, 2010 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations
Contract Type FiledMarch 1st, 2010 Company IndustryThis Agreement (“Agreement”) is between Asbury Automotive Group, Inc. and its subsidiaries, affiliates, successors, and assigns (“Asbury” or the “Company”) and Beth Chandler (“Executive”), a key employee of Asbury, in order to provide for an agreed-upon compensation in the event of a Termination (as such term is defined in this Agreement) of Executive’s employment with Asbury.