RETIREMENT AND WAIVER AND RELEASE AGREEMENTRetirement and Waiver and Release Agreement • February 27th, 2012 • Molex Inc • Electronic connectors • Illinois
This Retirement and Waiver and Release Agreement (“Agreement”) is hereby made by and between James E. Fleischhacker, on behalf of himself, his spouse, beneficiaries, heirs, agents, successors, assigns, dependents, and anyone acting on his behalf (collectively referred to throughout this Agreement as “Fleischhacker”), and Molex Incorporated, on behalf of itself, its subsidiaries, divisions, affiliate companies, directors, officers, successors, employees, agents and anyone acting for it (collectively referred to throughout this Agreement as “Molex”). This Agreement provides for pay and/or benefits to Fleischhacker as retirement benefits, for consulting services to be performed by Fleischhacker, and for his forbearance from taking certain actions, all as specifically set forth below. This Agreement shall be effective as of February 22, 2012 (the “Effective Date”).
CONSULTING AGREEMENTConsulting Agreement • February 27th, 2012 • Molex Inc • Electronic connectors • Illinois
This Consulting Agreement (“Consulting Agreement”) is by and between Molex Incorporated (“Molex”) and James E. Fleischhacker, an individual (“Consultant”). Molex desires to retain Consultant as an independent contractor to perform consulting services for Molex, and Consultant is willing to perform such services, on the terms described below. Consultant’s execution of the Retirement and Waiver and Release Agreement (the “Agreement”) is a condition precedent to the effectiveness of this Consulting Agreement and this Consulting Agreement shall be effective as of the eighth (8th) calendar day following the date on which Consultant signs the Agreement and where Consultant has not timely revoked it. In consideration of the mutual promises contained herein, the parties agree as follows:
