SEVERANCE AGREEMENT AND RELEASESeverance Agreement • December 12th, 2011 • Powell Industries Inc • Switchgear & switchboard apparatus • Delaware
Contract Type FiledDecember 12th, 2011 Company Industry JurisdictionThis Severance Agreement and Release (the “Agreement”) is entered into by and between Patrick L. McDonald (“Executive”) and Powell Industries, Inc. on behalf of itself and each of its subsidiaries and affiliates (the “Company”) as follows: