Form of Severance and Release Agreement Sample Contracts

FORM OF SEVERANCE AND RELEASE AGREEMENT 1
Form of Severance and Release Agreement • February 13th, 2018 • Spirit Airlines, Inc. • Air transportation, scheduled • Florida

This Severance and Release Agreement (sometimes referred to as Agreement) is entered in connection with your decision to receive a severance package offered by Spirit Airlines, Inc. (“Spirit or Company”), pursuant to the terms of the Spirit Airlines Inc. 2017 Executive Severance Plan (“Executive Severance Plan”). The purpose of this Agreement is to summarize the payment and benefits that will be available to you in return for a release of claims.

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FORM OF SEVERANCE AND RELEASE AGREEMENT
Form of Severance and Release Agreement • April 9th, 2009 • Hanmi Financial Corp • National commercial banks • California

This Severance and Release Agreement (the “Agreement”) is entered into by and between (the “Director”) and Hanmi Bank and its affiliated or related parent or subsidiary corporations, as well as their respective attorneys, agents, representatives, partners, joint ventures, successors, assigns, insurers, employees, officers, and directors (hereinafter collectively referred to as “the Bank”). The purpose of this Agreement is to settle and compromise any and all disputes and controversies of any nature existing between the parties arising out of the Director’s relationship with and/or separation from the Bank.

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