TRANSITION AGREEMENT AND GENERAL RELEASE OF CLAIMSTransition Agreement • October 2nd, 2023 • Symbotic Inc. • General industrial machinery & equipment, nec • Massachusetts
Contract Type FiledOctober 2nd, 2023 Company Industry JurisdictionThis TRANSITION AGREEMENT AND GENERAL RELEASE OF CLAIMS (this “Agreement”), is made and entered into as of the date of execution of this Agreement (the “Effective Date”), by and between Thomas Ernst (“Employee”), and Symbotic Inc. (“Symbotic”), on behalf of itself individually and its subsidiaries (collectively, the “Company”), affiliates, stockholders, beneficial owners of its stock, its current or former officers, directors, employees, members, attorneys and agents, and their predecessors, successors and assigns, individually and in their official capacities (together, other than Employee, the “Released Parties”).