Confidential Retirement Agreement and General Release Sample Contracts

EX-10.21 2 d881010dex1021.htm EX-10.21 CONFIDENTIAL RETIREMENT AGREEMENT AND GENERAL RELEASE
Confidential Retirement Agreement and General Release • May 5th, 2020 • Texas

This Confidential Retirement Agreement and General Release (“Agreement”), entered into by and between Charles H. Turner (“you” or the “Employee”), Pier 1 Services Company (“Company”) and Pier 1 Imports, Inc. (“Parent”) (collectively, the “Parties”) as of the Effective Date (as defined below), arises from your retirement and the associated termination of your employment relationship with the Company. Company, Parent, their subsidiaries and affiliates are together sometimes referred to herein as “Pier 1.”

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Confidential Retirement Agreement and General Release • September 24th, 2020

You submitted an Election Form to participate in the Voluntary Retirement Program (“Program”) offered to you by the University of Delaware (“University”), and your Election Form has been accepted and approved. You have voluntarily agreed to accept certain incentive payments in exchange for your execution of this Confidential Retirement Agreement and General Release (the “Agreement”) between yourself and the University. Accordingly, your employment with the University will end effective November 13, 2020 (“Separation Date”) and your retirement date will be November 14, 2020 (“Retirement Date”).

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