SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • September 14th, 2006 • Freescale Semiconductor Inc • Semiconductors & related devices
Contract Type FiledSeptember 14th, 2006 Company IndustryThis Separation and Release Agreement (the “Agreement”) is a complete and final agreement between Franz Fink (for yourself, your spouse and anyone acting for you) (“you”), and Freescale Semiconductor, Inc. (for itself, its subsidiaries and affiliates and anyone acting for Freescale) (“Freescale”) that resolves all matters between you and Freescale. Except where otherwise specified, this Agreement supersedes and nullifies all prior and concurrent communications, acknowledgements and agreements between you and Freescale, including any prior versions of this Agreement. This Agreement has been individually negotiated and is not part of a group incentive or other termination program. In consideration for the payments and benefits provided under this Agreement, you and Freescale agree to the following terms of your separation from Freescale: