Executive Severance and Noncompetition Agreement Sample Contracts

EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT
Executive Severance and Noncompetition Agreement • August 7th, 2008 • Merix Corp • Printed circuit boards • Oregon

This Executive Severance and Noncompetition Agreement (this “Agreement”) is dated April 7, 2008 by and between Merix Corporation (the “Company”), and Allen Muhich (“Executive”).

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RECITALS:
Executive Severance and Noncompetition Agreement • March 28th, 2003 • Focal Communications Corp • Radiotelephone communications • Illinois
Contract
Executive Severance and Noncompetition Agreement • May 5th, 2020 • Oregon

EX-10.29 2 dex1029.htm EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT EXHIBIT 10.29 EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT Merix Corporation ("Merix") considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of Merix and its shareholders. In this connection, Merix recognizes that, as is the case with many publicly held corporations, the possibility of a change of control may exist and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of management personnel to the detriment of Merix and its shareholders. In order to induce Steven N. Lach ("Executive") to remain employed by Merix in the face of uncertainties about the long-term strategies of Merix and possible change of control of Merix and their potential impact on Executive's position with Merix, this Agreement, which has been approved by the Board of Direct

Amendment #2 to Executive Severance And NonCompetition Agreement
Executive Severance and Noncompetition Agreement • July 30th, 2009 • Merix Corp • Printed circuit boards

The Executive Severance and NonCompetition Agreement dated April 11, 2007 and as amended December 31, 2008, between Merix Corporation (“Merix”) and Linda V. Moore (“Executive”)is amended to read as follows effective April 8, 2009:

EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT
Executive Severance and Noncompetition Agreement • October 31st, 2022 • Truist Financial Corp • National commercial banks

This EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT (“Agreement”) is effective as of ________ __, 2022, by and between TRUIST FINANCIAL CORPORATION, a North Carolina corporation (the “Company”), and [Name of Executive] (“Executive”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Management Change of Control, Severance and Noncompetition Plan (the “Plan”).

MERIX CORPORATION Corporate Headquarters 15725 SW Greystone Ct., Suite 200 Beaverton, OR 97006
Executive Severance and Noncompetition Agreement • July 30th, 2009 • Merix Corp • Printed circuit boards • Oregon

We have been advised by outside legal counsel that the following changes to your Executive Severance and Noncompetition Agreement with Merix Corporation, an Oregon corporation (the “Company”), dated ____________ (the “Agreement”), are advisable under Section 409A of the Internal Revenue Code (“Section 409A”). Please review this amendment, and if you agree with it, please execute, date and return it to me.

FORM OF EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT
Executive Severance and Noncompetition Agreement • December 14th, 2009 • HealthSpring, Inc. • Hospital & medical service plans • Delaware

THIS SEVERANCE AND NONCOMPETITION AGREEMENT (the “Agreement”), dated as of , is by and between HealthSpring, Inc., a Delaware corporation (collectively with its Subsidiaries, the “Company”), and (“Employee”).

FORM OF EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT
Executive Severance and Noncompetition Agreement • May 11th, 2005 • Broadwing Corp • Telephone & telegraph apparatus • Texas

THIS AGREEMENT (“Agreement”), dated as of May 10, 2005 (“Effective Date”), is between Broadwing Corporation, a Delaware corporation, on behalf of itself, its affiliates, subsidiaries, successors and assigns (collectively “Broadwing” or the “Company”), and FIRST NAME LAST NAME (“Executive”). The terms used in this Agreement and not otherwise defined herein have the meanings assigned to such terms in the attached Exhibit A.

FORM OF AMENDED AND RESTATED EXECUTIVE SEVERANCE AND NONCOMPETITION AGREEMENT
Executive Severance and Noncompetition Agreement • November 2nd, 2011 • HealthSpring, Inc. • Hospital & medical service plans • Delaware

THIS AMENDED AND RESTATED SEVERANCE AND NONCOMPETITION AGREEMENT (the “Agreement”), dated as of , 20 , by and between HealthSpring, Inc., a Delaware corporation (collectively with its Subsidiaries, the “Company”), and (“Employee”) hereby amends and replaces in its entirety that certain Severance and Noncompetition Agreement, dated , 20 , (the “Original Agreement”), between the Company and Employee.

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