0001616862-22-000045 Sample Contracts

EXECUTIVE RESTRICTIVE COVENANT AND SEVERANCE AGREEMENT
Executive Restrictive Covenant and Severance Agreement • November 16th, 2022 • Axalta Coating Systems Ltd. • Paints, varnishes, lacquers, enamels & allied prods • Pennsylvania

This Executive Restrictive Covenant and Severance Agreement (“Agreement”) is made effective as of January 1, 2023 (“Effective Date”), by and between 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), Axalta Coating Systems, LLC, a Delaware limited liability company (“Axalta U.S.”) and Chrishan Villavarayan (“Executive”) (collectively, referred to as the “Parties” or individually referred to as a “Party”).

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