Executive Employment and Severance Agreement Sample Contracts

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EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • June 13th, 2017 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin

This Executive Employment and Severance Agreement (“Agreement”) is between the Executive named above (“Executive”), on the one hand, and Orion Energy Systems, Inc. (“Orion” and, together with its subsidiaries, the “Company”), on the other.

KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • March 14th, 2019 • Regal Beloit Corp • Motors & generators • Wisconsin

THIS AGREEMENT, effective as of April 1, 2019, by and between Regal Beloit Corporation, a Wisconsin corporation (hereinafter referred to as the “Company”), and Louis V. Pinkham (hereinafter referred to as the “Executive”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • February 23rd, 2022 • Franchise Group, Inc. • Patent owners & lessors • Delaware

This Agreement (this “Agreement”) is between Lee Wright (“Executive”) and Franchise Group, Inc. (“Franchise Group” and, together with its Affiliates, the “Company”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • February 25th, 2021 • Whiting Petroleum Corp • Crude petroleum & natural gas • Colorado

This Executive Employment and Severance Agreement (this “Agreement”) is between [Name] (“Executive”) and Whiting Petroleum Corporation (“Whiting” and, together with its subsidiaries, the “Company”) and is effective as of [Date] (the “Effective Date”).

KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • January 30th, 2009 • Oshkosh Corp • Motor vehicles & passenger car bodies • Wisconsin

THIS AGREEMENT, made and entered into as of the 14th day of July, 2008, by and between Oshkosh Corporation, a Wisconsin corporation (hereinafter referred to as the “Company”), and [__________] (hereinafter referred to as the “Executive”).

AMENDED EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • August 3rd, 2022 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin

This Amended Executive Employment Agreement (“Agreement”) is between the executive named above (“Executive”) and Orion Energy Systems, Inc. (“Orion” or the “Company”) effective as of the effective date set forth above (“Effective Date”).

WITNESSETH:
Executive Employment and Severance Agreement • November 29th, 2000 • Northland Cranberries Inc /Wi/ • Agricultural production-crops • Wisconsin
EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • November 10th, 2010 • Imperial Holdings, LLC • Finance services • Florida

This Executive Employment and Severance Agreement (“Agreement”) is entered into as of November 8th, 2010 between Antony Mitchell, an individual residing in the State of Florida (the “Executive”) and Imperial Holdings, LLC (the “Company”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • February 4th, 2021 • Whiting Petroleum Corp • Crude petroleum & natural gas • Colorado

This Executive Employment and Severance Agreement (this “Agreement”) is between James P. Henderson (“Executive”) and Whiting Petroleum Corporation (“Whiting” and, together with its subsidiaries, the “Company”) and is effective as of February 2, 2021 (the “Effective Date”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • August 4th, 2016 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin

This Agreement (“Agreement”) is between the individual named above (“Executive”), and Orion Energy Systems, Inc. (“Orion”) effective as of the date above.

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • November 15th, 2018 • Whiting Petroleum Corp • Crude petroleum & natural gas • Colorado

This Executive Employment and Severance Agreement (this “Agreement”) is between Charles J. Rimer (“Executive”) and Whiting Petroleum Corporation (“Whiting” and, together with its subsidiaries, the “Company”) and effective as of November 15, 2018 (the “Effective Date”).

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • October 26th, 2017 • Whiting Petroleum Corp • Crude petroleum & natural gas • Colorado

This Amended and Restated Executive Employment and Severance Agreement (this “Agreement”) is between James J. Volker (“Executive”) and Whiting Petroleum Corporation (“Whiting” and, together with its subsidiaries, the “Company”) and effective as of November 1, 2017 (the “Effective Date”).

EX-10.37 12 dex1037.htm KEVIN R. HOLT EXECUTIVE EMPLOYMENT & SEVERANCE AGREEMENT EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • May 5th, 2020 • Illinois

By this Executive Employment and Severance Agreement, dated as of February 25, 2008 (“Agreement”), Sears Holdings Corporation and its affiliates and subsidiaries (“Sears”) and Kevin Holt (“Executive”) (collective referred to as the “Parties”) intending to be legally bound, and for good and valuable consideration, agree as follows:

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • June 18th, 2008 • MEDecision, Inc. • Services-computer programming services • Illinois

This Executive Employment and Severance Agreement (the “Agreement”) is entered into between David St. Clair (“Executive”), and MEDecision, Inc. (the “Company”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • November 10th, 2010 • Imperial Holdings, LLC • Finance services • Florida

This Executive Employment and Severance Agreement (“Agreement”) is entered into as of November 8, 2010 between Deborah Benaim (the “Executive”) and Imperial Holdings, LLC (the “Company”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT By and Between WPS RESOURCES CORPORATION and _________________________ Dated as of May 2, 1997
Executive Employment and Severance Agreement • July 25th, 1997 • WPS Resources Corp • Electric & other services combined • Wisconsin
Contract
Executive Employment and Severance Agreement • December 6th, 2012 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment

As a follow-up to our previous conversation, we have mutually agreed to modify your executive employment and severance agreement, dated September 27, 2012 (“Employment Agreement”) by amending and restating the definition of “Good Reason” set forth in Section 2(k) of the Employment Agreement as follows:

AMENDMENT TO EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • March 10th, 2021 • Franchise Group, Inc. • Patent owners & lessors

This AMENDMENT to the Executive Employment and Severance Agreement (this “Amended Employment Agreement”) is entered into effective as of the 8th of March 2021 (“Effective Date”) by and between Franchise Group, Inc. a Delaware corporation (the “Company”) and Todd Evans (the “Executive”), each a “Party” or together, the “Parties.”

Amendment 1 to Amended and Restated Executive Employment and Severance Agreement
Executive Employment and Severance Agreement • July 5th, 2023 • Pfsweb Inc • Services-business services, nec

This Amendment 1 (“Amendment”) is made and entered into as of June 30, 2023 (the “Effective Date”) by and between PFSW, Inc., a Delaware corporation (“PFSW”) and Michael C. Willoughby (the “Executive”) to amend that certain Amended and Restated Executive Employment and Severance Agreement entered into as of November 8, 2022 (the “Agreement”) as set forth herein;

KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • August 5th, 2021 • Arizona Public Service Co • Electric & other services combined • Arizona

THIS AGREEMENT, made and entered into as of the _____ day of ____________, 2021, by and between Pinnacle West Capital Corporation, an Arizona corporation (hereinafter referred to as the “Company”) and ___________ (hereinafter referred to as the “Executive”):

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Contract
Executive Employment and Severance Agreement • December 6th, 2012 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment

As a follow-up to our previous conversation, we have mutually agreed to modify your executive employment and severance agreement, dated November 9, 2012 (“Employment Agreement”) by amending and restating the definition of “Good Reason” set forth in Section 2(k) of your Employment Agreement as follows:

AMENDMENT TO AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • February 22nd, 2022 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment

THIS AMENDMENT (the “Amendment”) is made as of February 21, 2022 but is effective as of the third business day after the Company publicly announces its fiscal 2022 fourth quarter and annual earnings results (“Effective Date”), by and between Orion Energy Systems, Inc. (“Orion” or the “Company”), and Michael W. Altschaefl (“Executive”). Orion and Executive are hereinafter collectively referred to as the “Parties.”

AMENDMENT TO EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • August 7th, 2003 • Invitrogen Corp • Biological products, (no disgnostic substances)

This amendment to the Executive Employment and Severance Agreement (the “Agreement”) that was made effective as of December 5, 2002, by and between Invitrogen Corporation (“Company”) and James R. Glynn (“Executive”) is entered into by such parties as of June 27, 2003. All capitalized terms used herein shall have the meaning ascribed thereto in the Agreement.

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • October 5th, 2015 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin

This Agreement (“Agreement”) is between the individual named above (“Executive”), and Orion Energy Systems, Inc. (“Orion”) effective as of the date set forth above (“Effective Date”).

FIRST AMENDMENT TO EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • May 4th, 2022 • Whiting Petroleum Corp • Crude petroleum & natural gas

This First Amendment to Executive Employment and Severance Agreement (“First Amendment”) is made and entered into effective as of the 3rd day of March, 2022 (the “Effective Date”), by and between M. Scott Regan (“Executive”) and Whiting Petroleum Corporation (“Whiting”).

Contract
Executive Employment and Severance Agreement • June 13th, 2017 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment

As a follow-up to our previous conversation, we have mutually agreed to modify the severance benefits that may become payable to you pursuant to your existing executive employment and severance agreement, dated October 5, 2015 (“Employment Agreement”) by amending the employment agreement to insert the following provision after the first sentence of Section 5(c):

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • October 6th, 2020 • Ring Energy, Inc. • Crude petroleum & natural gas • Texas

RING ENERGY, INC., a Nevada corporation (“Ring” and, together with its subsidiaries, the “Company”), and Paul D. McKinney (the “Executive”) and effective as of October 1, 2020 (the “Effective Date”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT By and Between WPS RESOURCES CORPORATION and Dated as of May 2, 1997
Executive Employment and Severance Agreement • March 10th, 2003 • Wisconsin Public Service Corp • Electric & other services combined • Wisconsin
AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • June 5th, 2020 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin

This Amended and Restated Executive Employment and Severance Agreement (“Agreement”) is between the executive named above (“Executive”) and Orion Energy Systems, Inc. (“Orion” or the “Company”), effective as of the effective date set forth above (“Effective Date”), and amends and restates in its entirety the existing Executive Employment and Severance Agreement between the Executive and the Company dated and effective as of June 8, 2017 (“Prior Agreement”).

EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • November 18th, 2014 • EVINE Live Inc. • Retail-catalog & mail-order houses • Minnesota

This Agreement (this “Agreement”) is between Mark C. Bozek (“Executive”) and ValueVision Media, Inc. (“ValueVision” and, together with its Affiliates, the “Company”).

By Hand Delivery or Electronic Mail Dear Mr. Charles J. Rimer:
Executive Employment and Severance Agreement • February 26th, 2024 • Chord Energy Corp • Crude petroleum & natural gas

Reference is made to that certain Executive Employment and Severance Agreement between Whiting Holdings LLC (the “Company”) and you, as amended from time to time (the “Agreement”).

AMENDMENT TO EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT
Executive Employment and Severance Agreement • October 18th, 2019 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment

THIS AMENDMENT (the “Amendment”) is made as of October 16, 2019, by and between Orion Energy Systems, Inc. (“Orion”), and Marc Meade (“Employee”). Orion and Employee are hereinafter collectively referred to as the “Parties.”

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