Incentive Plan Incentive Award Agreement Sample Contracts

SEPARATION AGREEMENT AND RELEASE

Incentive Plan Incentive Award Agreement • February 24th, 2014 • Western Union CO • Services-business services, nec • Colorado

• Contract Type
  Incentive Plan Incentive Award Agreement
• Filed
  February 24th, 2014
• Company
  Western Union CO
• Industry
  Services-business services, nec
• Jurisdiction
  Colorado

This is a Separation Agreement and Release ("Separation Agreement") between Scott T. Scheirman ("Executive"), Western Union, LLC ("Company"), and The Western Union Company ("Western Union"), whereby Executive’s employment will be terminated effective February 28, 2014 (“Termination Date”) due to an eligible reason under The Western Union Company Severance / Change in Control Policy (Executive Committee Level) (“Severance Policy”) that is not a termination for cause by the Company (subject to the terms of paragraph 3 of this Separation Agreement).