Executive Separation Agreement Sample Contracts

Standard Contracts

AGREEMENT
Executive Separation Agreement • July 13th, 2007 • Albany International Corp /De/ • Broadwoven fabric mills, man made fiber & silk
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AXCELIS TECHNOLOGIES, INC. EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • August 2nd, 2013 • Axcelis Technologies Inc • Special industry machinery, nec • Massachusetts

THIS EXECUTIVE SEPARATION AGREEMENT, dated as of July 17, 2013, is made by and between Axcelis Technologies, Inc. (hereinafter referred to as the “Company”) and Jay Zager (hereinafter referred to as “Executive”). In consideration of the mutual covenants contained herein, the parties agree as follows:

EXECUTIVE SEPARATION AGREEMENT AND RELEASE
Executive Separation Agreement • May 10th, 2017 • Papa Murphy's Holdings, Inc. • Retail-eating places • Delaware

This Executive Separation Agreement and Release (“Agreement”) is made and entered into by and between Brandon Solano (“Executive”) on the one hand, and Papa Murphy’s Holdings, Inc. (together with its affiliates or successors, the “Company”) on the other, hereinafter collectively referred to as the “Parties.”

EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • May 17th, 2006 • Enesco Group Inc • Wholesale-miscellaneous nondurable goods • Illinois
AXCELIS TECHNOLOGIES, INC. EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • March 17th, 2008 • Axcelis Technologies Inc • Special industry machinery, nec • Massachusetts

THIS EXECUTIVE SEPARATION AGREEMENT, dated as of October 18, 2007, is made by and between Axcelis Technologies, Inc. (hereinafter referred to as the "Company") and Mark J. Namaroff (hereinafter referred to as "Executive"). In consideration of the mutual covenants contained herein, the parties agree as follows:

EXECUTIVE SEPARATION AGREEMENT AND RELEASE
Executive Separation Agreement • March 16th, 2017 • Papa Murphy's Holdings, Inc. • Retail-eating places • Delaware

This Executive Separation Agreement and Release (“Agreement”) is made and entered into by and between Ken Calwell (“Executive”) on the one hand, Papa Murphy’s Holdings, Inc. (together with its affiliates or successors, the “Company”) on the other, hereinafter collectively referred to as the “Parties.”

EXECUTIVE SEPARATION agreement AND RELEASE
Executive Separation Agreement • November 7th, 2023 • Ceco Environmental Corp • Industrial & commercial fans & blowers & air purifing equip • Texas

THIS EXECUTIVE SEPARATION AGREEMENT AND RELEASE (the “Agreement”) by and between CECO Environmental Corp. (the “Company”) and Ramesh Nuggihalli (the “Executive”) as of August 21, 2023.

EXECUTIVE SEPARATION AGREEMENT AND GENERAL RELEASE
Executive Separation Agreement • May 12th, 2016 • Newpark Resources Inc • Oil & gas field machinery & equipment • Texas

This Executive Separation Agreement and General Release (“Agreement”) is made between Newpark Resources, Inc., a Delaware corporation, including its parents, successors, subsidiaries and affiliated companies, including, but not limited to, Newpark Mats and Integrated Services LLC (all of which are collectively referred to herein as “the Company”), and Jeffery Lynn Juergens (“Executive”).

EXECUTIVE SEPARATION AGREEMENT AND RELEASE
Executive Separation Agreement • May 5th, 2014 • Aegion Corp • Water, sewer, pipeline, comm & power line construction • Missouri

THIS EXECUTIVE SEPARATION AGREEMENT AND RELEASE (the “Agreement”), by and between AEGION CORPORATION, a Delaware corporation (“Employer”), and J. JOSEPH BURGESS (“Executive”), is entered into and effective as of this 3rd day of May 2014.

EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • March 26th, 2004 • Beta Oil & Gas Inc • Crude petroleum & natural gas • Oklahoma

This Executive Separation Agreement (this “Agreement”) is entered into as of the 1st day of October, 2002, by and between Beta Oil & Gas, Inc., a Nevada corporation (“Employer”), and Steve Antry, a resident of Tulsa County, Oklahoma (“Employee”).

EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • March 2nd, 2009 • Einstein Noah Restaurant Group Inc • Retail-eating places • Colorado

This Executive Separation Agreement (“Agreement”) is between Einstein Noah Restaurant Group, Inc. (“ENRGI” or the “Company”) and Paul J.B. Murphy, III (“Executive”).

Confidential Executive Separation Agreement
Executive Separation Agreement • November 13th, 2003 • Washington Mutual Inc • Savings institution, federally chartered

This Confidential Executive Separation and Release Agreement (“Agreement”) is entered into between Craig Davis (“Executive”) and Washington Mutual, Inc. (“Employer”) and is in consideration of the mutual undertakings set forth below.

EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • April 2nd, 2009 • Centex Corp • Operative builders • Texas

THIS EXECUTIVE SEPARATION AGREEMENT (“Agreement”) is entered into by and between DAVID L. BARCLAY (“Executive”) and CENTEX SERVICE COMPANY, LLC, a Nevada limited liability company (“Centex”).

EXECUTIVE SEPARATION AGREEMENT AND RELEASE OF ALL CLAIMS
Executive Separation Agreement • May 5th, 2014 • Advanced Energy Industries Inc • Electronic components, nec • California
SYNIVERSE TECHNOLOGIES, INC. EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • February 27th, 2009 • Syniverse Technologies Inc • Radio & tv broadcasting & communications equipment • Delaware

THIS EXECUTIVE SEPARATION AGREEMENT (the “Agreement”) is entered into as of November 24, 2008, by and among Wayne Nelson (“Nelson”), Syniverse Technologies, Inc., a Delaware corporation (“Employer”) and Syniverse Holdings, Inc., a Delaware corporation (the “Company”). Nelson, Employer, and the Company are sometimes collectively referred to herein as the “Parties” and individually as a “Party.”

EXECUTIVE SEPARATION AGREEMENT AND RELEASE
Executive Separation Agreement • November 7th, 2022 • Ceco Environmental Corp • Industrial & commercial fans & blowers & air purifing equip • Texas

THIS EXECUTIVE SEPARATION AGREEMENT AND RELEASE (the “Agreement”) is by and between CECO Environmental Corp. (the “Company”) and Matthew Eckl (the “Executive”) as of the Effective Date (as defined below).

EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • June 30th, 2020 • Eastside Distilling, Inc. • Beverages • Oregon

THIS EXECUTIVE SEPARATION AGREEMENT (“Agreement”) is made and entered into as of June 25, 2020 (the “Effective Date”) by and between Eastside Distilling, Inc. (the “Company”) and LAWRENCE FIRESTONE (“Executive”) (collectively, the “Parties”) with reference to the following:

Creatd, Inc.
Executive Separation Agreement • November 1st, 2023 • Creatd, Inc. • Services-allied to motion picture production

In reference to your Executive Separation Agreement (the “Agreement”) that was entered into on September 2, 2022 (the “Effective Date”), by and between Creatd, Inc., a Nevada corporation (the “Company”), and Laurie Weisberg, an individual (“Executive” and together with the Company, the “Parties” and each, a “Party”), the Company proposes the following modifications (the “Amendment”).

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EXECUTIVE SEPARATION AGREEMENT AND RELEASE
Executive Separation Agreement • November 7th, 2017 • Arrow Financial Corp • National commercial banks • New York

THIS EXECUTIVE SEPARATION AGREEMENT AND RELEASE (this “Agreement”), by and between Arrow Financial Corporation, a New York corporation and its subsidiaries (together with its subsidiaries, “Employer”), and Terry R. Goodemote (“Executive”), is entered into and effective as of this 17 day of October, 2017.

CONFIDENTIAL EXECUTIVE SEPARATION AGREEMENT AND GENERAL RELEASE OF ALL CLAIMS
Executive Separation Agreement • February 27th, 2020 • Virtus Investment Partners, Inc. • Investment advice • Connecticut

This Confidential Executive Separation Agreement and General Release of All Claims ("Agreement") is made and entered into by and between Mark S. Flynn (hereinafter referred to as "Mr. Flynn") and Virtus Investment Partners, Inc. ("Virtus") (collectively, the "Parties").

AXCELIS TECHNOLOGIES, INC. EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • August 9th, 2005 • Axcelis Technologies Inc • Special industry machinery, nec • Massachusetts

THIS EXECUTIVE SEPARATION AGREEMENT, dated as of July1, 2005, is made by and between Axcelis Technologies, Inc. (hereinafter referred to as the “Company”) and David W. Duff (hereinafter referred to as “Executive”). In consideration of the mutual covenants contained herein, the parties agree as follows:

EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • February 24th, 2012 • Demand Media Inc. • Services-computer processing & data preparation • California

This Separation Agreement, dated as of January 27, 2012 (the “Agreement”) is made by and among Demand Media, Inc., a Delaware corporation (the “Company”) and Larry Fitzgibbon (“Executive”) and sets forth the substance of the agreement between you and the Company regarding your separation of employment, which will be effective January 30, 2012 (“Separation Date”). For the avoidance of doubt, we agree that this Agreement shall document a mutual resignation of your employment with the Company and is entered into with reference to that certain Employment Agreement between you and the Company dated October 2, 2010 (“Employment Agreement”).

AXCELIS TECHNOLOGIES, INC. EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • February 3rd, 2005 • Axcelis Technologies Inc • Special industry machinery, nec • Massachusetts

THIS EXECUTIVE SEPARATION AGREEMENT, dated as of January 28, 2005, is made by and between Axcelis Technologies, Inc. (hereinafter referred to as the “Company”) and Jan Paul van Maaren (hereinafter referred to as “Executive”). In consideration of the mutual covenants contained herein, the parties agree as follows:

SYNIVERSE TECHNOLOGIES, INC. EXECUTIVE SEPARATION AGREEMENT
Executive Separation Agreement • March 13th, 2007 • Syniverse Technologies Inc • Radio & tv broadcasting & communications equipment • Delaware

THIS EXECUTIVE SEPARATION AGREEMENT (the “Agreement”) is entered into as of March 12, 2007, by and among Raymond L. Lawless (“Lawless”), Syniverse Technologies, Inc., a Delaware corporation (“Employer”) and Syniverse Holdings, Inc., a Delaware corporation (the “Company”). Lawless, Employer, and the Company are sometimes collectively referred to herein as the “Parties” and individually as a “Party.”

EXECUTIVE SEPARATION AGREEMENT AND RELEASE
Executive Separation Agreement • June 1st, 2020 • Reliant Bancorp, Inc. • State commercial banks • Tennessee

THIS EXECUTIVE SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is entered into effective as of the Effective Date (as defined in Section 8) by and between James Daniel Dellinger (“Executive”) and Reliant Bancorp, Inc., a Tennessee corporation (“Company”). Company and Executive are referred to collectively herein as the “Parties,” and each of Company and Executive is referred to herein individually as a “Party.”

FORM OF EXECUTIVE SEPARATION AGREEMENT BETWEEN THE BISYS GROUP, INC. AND ITS NAMED EXECUTIVE OFFICERS (OTHER THAN THE CHIEF EXECUTIVE OFFICER)
Executive Separation Agreement • August 16th, 2005 • Bisys Group Inc • Security & commodity brokers, dealers, exchanges & services

This letter will confirm the authorization of and your acceptance of the specific terms and conditions of the “Key Executive” Separation Agreement that the Compensation Committee of The BISYS Group, Inc. Board of Directors has approved for you (the “Executive”).

EXECUTIVE SEPARATION AGREEMENT And GENERAL RELEASE
Executive Separation Agreement • February 28th, 2020 • Albany International Corp /De/ • Broadwoven fabric mills, man made fiber & silk • New Hampshire

THIS EXECUTIVE SEPARATION AGREEMENT is dated as of December 12, 2019, by and between Albany International Corp., its subsidiaries and affiliates (hereinafter collectively referred to as “Albany” or “the Company”) and Charles J. Silva, Jr. (hereinafter referred to as “Executive”).

EXECUTIVE SEPARATION agreement AND RELEASE
Executive Separation Agreement • November 7th, 2023 • Ceco Environmental Corp • Industrial & commercial fans & blowers & air purifing equip • Texas

THIS EXECUTIVE SEPARATION AGREEMENT AND RELEASE (the “Agreement”) by and between CECO Environmental Corp. (the “Company”) and Paul Gohr (the “Executive”) is made as of September 1, 2023 (the “Effective Date”).

Re: Executive Separation Agreement (the “Agreement”)
Executive Separation Agreement • February 21st, 2018 • Inovalon Holdings, Inc. • Services-computer processing & data preparation • Maryland

This confirms that your position as Chief Legal Officer (“CLO”) and Corporate Secretary with Inovalon, Inc. and Inovalon Holdings, Inc. (collectively, the “Company”) will terminate effective November 30, 2017. If you agree to the terms and conditions in this Agreement, you will remain an employee of the Company through December 31, 2017 (the “Termination Date”). You will receive regular base pay through that date.

AGREEMENT
Executive Separation Agreement • August 7th, 2009 • Albany International Corp /De/ • Broadwoven fabric mills, man made fiber & silk

This Executive Separation Agreement (the “Agreement”) is dated as of the 5th day of August, 2009, and is entered into by and between Albany International Corp., a Delaware corporation with offices and a principal place of business at 1373 Broadway, Albany, New York, (“Albany”) and Michael C. Nahl, a resident of Albany County, New York (“Executive”).

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