SEVERANCE AND GENERAL RELEASE OF ALL CLAIMS AGREEMENTSeverance Agreement • May 15th, 2012 • Penson Worldwide Inc • Security brokers, dealers & flotation companies • Texas
Contract Type FiledMay 15th, 2012 Company Industry JurisdictionThis Severance and General Release of All Claims Agreement (“Agreement”) is entered into between Penson Worldwide, Inc. (“Company”), and Kevin W. McAleer (“Executive”), collectively referred to as the “Parties.” This Agreement is effective on the eighth day after Executive executes this Agreement (“Effective Date”).