SEPARATION AND MUTUAL RELEASE AGREEMENTSeparation and Mutual Release Agreement • July 26th, 2023 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas
This Separation and Mutual Release Agreement (the “Agreement”) is entered into this 20th day of July, 2023 (“Agreement Date”), between Butler National Corporation, a Kansas corporation (the “Company”), Clark D. Stewart (“Employee”), and John M. Edgar, David B. Hayden, Bradley K. Hoffman, Tad M. McMahon, Joe A. Peters, Christopher J. Reedy, Craig D. Stewart, R. Warren Wagoner (the “Directors and Officers”). The Company, Employee and Directors and Officers will be collectively referred to hereinafter as the “Parties”.
