Severance Agreement by and between FactSet Research Systems Inc. And Peter G. WalshSeverance Agreement • October 29th, 2010 • Factset Research Systems Inc • Services-computer programming, data processing, etc.
If FactSet Research Systems Inc. (“FactSet” or the “Company”) terminates your employment against your will for any reason other than your willful failure to substantially perform your duties, your being adjudged guilty of a felony by a court of last resort from which there is no appeal, or your material breach of your fiduciary duties to FactSet, FactSet will make a liquidating payment equal to your annual compensation over the past twelve months. In addition, FactSet will continue to provide your standard employee benefits for twelve months from the date of termination.
