SEPARATION BENEFIT AGREEMENTSeparation Benefit Agreement • February 19th, 2013 • Exopack Holding Corp • Converted paper & paperboard prods (no contaners/boxes) • Delaware
THIS SEPARATION BENEFIT AGREEMENT (this “Agreement”), is entered into as of February 13, 2013, by and among Exopack, LLC, a Delaware limited liability company (the “Company”), CPG Finance, Inc., a Delaware corporation and ultimate parent of the Company (“Parent”), and Michael E. Alger (the “Employee”).
CPG Finance, Inc.Exopack Holding Corp • February 19th, 2013 • Converted paper & paperboard prods (no contaners/boxes)
This letter evidences an amendment to the Option Grant Agreement as follows. In consideration for your acceptance of employment with the Company, the Option Grant Agreement is hereby amended to provide that the Option Grant can be exercised only on the earliest of the following dates:
