Separation and Release AgreementSeparation and Release Agreement • July 26th, 2022 • Axalta Coating Systems Ltd. • Paints, varnishes, lacquers, enamels & allied prods
This Separation and Release Agreement (“Agreement”) is made by and between Robert W. Bryant (“Executive”) and Axalta Coating Systems Ltd., a Bermuda exempted limited liability company (the “Company” and as the context requires the Company shall include the Company’s subsidiaries) (collectively, referred to as the “Parties” or individually referred to as a “Party”). Capitalized terms used but not defined in this Agreement shall have the meanings set forth in the Executive Agreement (as defined below).
July 25, 2022 Sean Lannon Dear Sean:Axalta Coating Systems Ltd. • July 26th, 2022 • Paints, varnishes, lacquers, enamels & allied prods
As you know, the Board of Directors (the “Board”) of Axalta Coating Systems, Ltd. (“Axalta”) is wanting to ensure retention of certain key members of management. At this time, it is imperative that we retain employees, such as you, who are critical to achieving our business objectives. Axalta Coating Systems, LLC (the “Company”), therefore, is pleased to offer you this Retention Agreement.
