0001418135-23-000003 Sample Contracts

Separation and Release Agreement
Separation and Release Agreement • February 23rd, 2023 • Keurig Dr Pepper Inc. • Beverages • Texas

This Separation Agreement and Release (hereinafter the “Agreement”) is entered into by and between Tony Milikin (hereinafter “you”) and Keurig Dr Pepper Inc. and its Subsidiaries, (the “Company”), in order to set out their agreement on the terms and conditions under which your employment will end. To assist you with your transition to new employment and to otherwise resolve any and all disputes that you may have regarding your employment with the Company, including the separation of your employment thereof, you and the Company have agreed to enter into this Agreement under the terms and conditions set forth below and in accordance with the Keurig Dr Pepper Inc. Executive Severance Plan (the “Plan”). Capitalized terms used in this Agreement and not otherwise defined herein shall have the meaning given to such terms in the Plan.

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