Release and Severance Agreement Sample Contracts

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • March 16th, 2011 • Federal Signal Corp /De/ • Motor vehicles & passenger car bodies • Illinois

This Release and Severance Agreement (the “Agreement”) will confirm the understanding of Federal Signal Corporation and Jennifer M. Erfurth (“Employee”) in connection with the termination of Employee’s employment with Federal Signal Corporation (the “Company”). We have reached Agreement upon the following arrangements.

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RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • March 12th, 2021 • Lexicon Pharmaceuticals, Inc. • Pharmaceutical preparations • Texas

This Release and Severance Agreement (“Agreement”) is being entered into by the individual executing this Agreement below (“Employee”) and Lexicon Pharmaceuticals Inc. (“Employer”) (collectively, the “Parties”) in order to further the mutually desired terms and conditions set forth herein:

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • August 13th, 2007 • Environmental Power Corp • Cogeneration services & small power producers • New York

This RELEASE AND SEVERANCE AGREEMENT is made and entered into this 9 day of May, 2007, by and between John O’Neill (“Employee”) and Environmental Power Corporation (together with its former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the “Company”).

RELEASE AND SEVERANCE AGREMENT
Release and Severance Agreement • October 27th, 2020 • Turning Point Brands, Inc. • Tobacco products

This Release and Severance Agreement (this "Release") is entered into by and between James W. Dobbins ("Employee") and Turning Point Brands, Inc. ("Turning Point" and, collectively with its direct and indirect subsdiary(ies), the "Company"). Employee and Turning Point are referred to herein as the "Parties."

RE: Release and Severance Agreement (the “Agreement”)
Release and Severance Agreement • March 1st, 2011 • Xenoport Inc • Pharmaceutical preparations

This Agreement confirms the terms upon which you and XenoPort, Inc. (“XenoPort” or the “Company”) have agreed for your departure.

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • October 5th, 2011 • Glori Energy Inc.

THIS RELEASE AND SEVERANCE AGREEMENT (“Agreement”) is entered into between Glori Oil Limited, its parents, subsidiaries, operating divisions, and affiliates, their officers, directors, trustees, and employees (collectively “Company”) and Bhupendra Soni (“Employee”). Company and Employee (the “Parties”) wish to define the terms of Employee’s exit from Company. Therefore, the Parties hereby agree as follows:

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • August 11th, 2008 • Insight Enterprises Inc • Retail-catalog & mail-order houses • Arizona

The parties to this Release and Severance Agreement (the “Agreement”) are Catherine Eckstein (“Employee”) and Insight Enterprises, Inc. (the “Company”).

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • February 27th, 2008 • Federal Signal Corp /De/ • Motor vehicles & passenger car bodies • Delaware

This Release and Severance Agreement (the “Agreement”) will confirm the understanding of Federal Signal Corporation and Robert D. Welding (with his heirs, beneficiaries, executors, administrators, attorneys, successors and assigns, collectively referred to herein as “Employee”) in connection with Employee’s retirement from employment and resignation from all directorships and other positions with Federal Signal Corporation and any of its subsidiaries, benefit plans or trusts associated with such benefit plans (collectively referred to herein as the “Company”). The Company and Employee have reached agreement upon the following arrangements.

RELEASE AND SEVERANCE AGREEMENT BETWEEN ANGELA SHINABARGAR AND BUTLER NATIONAL CORPORATION
Release and Severance Agreement • December 13th, 2013 • Butler National Corp • Services-miscellaneous amusement & recreation

Angela Shinabargar (hereinafter referred to as "Shinabargar") and Butler National Corporation (hereinafter referred to as "Butler") are entering into this Agreement freely and voluntarily in exchange for their respective promises and agreements in this document. Shinabargar and Butler agree that:

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • February 25th, 2010 • Insight Enterprises Inc • Retail-catalog & mail-order houses • Arizona

The parties to this Release and Severance Agreement (the “Agreement”) are Karen K. McGinnis (“Executive”) and Insight Enterprises, Inc., a Delaware corporation (the “Company”).

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • February 1st, 2006 • Broadwing Corp • Telephone & telegraph apparatus • Maryland

This RELEASE AND SEVERANCE AGREEMENT (“Agreement”) is made and entered into by and between Broadwing Corporation (“the Company”) and David R. Huber (“Dr. Huber”) on this 31st day of January 2006 (the “Effective Date”).

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • February 25th, 2010 • Insight Enterprises Inc • Retail-catalog & mail-order houses • Arizona

The parties to this Release and Severance Agreement (the “Agreement”) are Gary M. Glandon (“Executive”) and Insight Enterprises, Inc., a Delaware corporation (the “Company”).

RELEASE AND SEVERANCE AGREMENT
Release and Severance Agreement • May 9th, 2018 • Turning Point Brands, Inc. • Tobacco products

This Release and Severance Agreement (this "Release") is entered into by and between Mark Stegeman ("Employee") and Turning Point Brands, Inc. ("Turning Point" and, collectively with its parent(s), subsidiary(ies), and all other related companies, the "Company"). Employee and Turning Point are referred to herein as the "Parties."

December 11, 2002 Mr. Robert P. Stiller Green Mountain Coffee Roasters, Inc. 33 Coffee Lane Waterbury, VT 05676 Re: Resignation and Agreement Dear Bob:
Release and Severance Agreement • December 24th, 2002 • Green Mountain Coffee Inc • Miscellaneous food preparations & kindred products • Vermont
RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • November 4th, 2004 • Trex Co Inc • Lumber & wood products (no furniture) • Virginia

This Release and Severance Agreement is made as of July 15, 2004 by and between Trex Company, Inc., a Delaware corporation (“Trex”), and A. Catherine Lawler, residing at 229 Fairfield Drive, Winchester, VA 22602 (“Employee”). The parties, desiring to settle all differences between them, hereby agree as follows:

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • March 8th, 2006 • Trex Co Inc • Lumber & wood products (no furniture) • Virginia

This Release and Severance Agreement (this”Agreement”) is made as of March 6, 2006 by and between Trex Company, Inc., a Delaware corporation (“Trex”), and Philip J. Pifer, an individual residing at 10914 Lake Windermere Drive, Great Falls, VA 22066 (“Employee”).

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • March 13th, 2006 • Meritage Hospitality Group Inc • Retail-eating places • Michigan

THIS RELEASE AND SEVERANCE AGREEMENT (this “Agreement”) is between Roger L. Zingle, a resident of Michigan whose address is 6132 Pickwood Drive, West Bloomfield, Michigan 48322 (“Zingle”), Meritage Hospitality Group Inc., a Michigan corporation whose address is 3210 Eagle Run Drive, N.E., Suite 100, Grand Rapids, Michigan 49525 (“Meritage”), and OCM Food Service, LLC, d/b/a O’Charley’s of Michigan, a Michigan limited liability company whose address is 3210 Eagle Run Drive, N.E., Suite 100, Grand Rapids, Michigan 49525 (“O’Charley’s of Michigan”).

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • August 12th, 2005 • Environmental Power Corp • Cogeneration services & small power producers • New Hampshire

This RELEASE AND SEVERANCE AGREEMENT is made and entered into this 28th day of July, 2005, by and between R. Jeffrey Macartney (“Macartney”) and Environmental Power Corporation (together with its former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the “Company”).

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • March 28th, 2002 • Prime Medical Services Inc /Tx/ • Services-misc health & allied services, nec • Texas
EMPLOYEE RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • October 13th, 2016 • New York

This release and severance agreement (this “Agreement”) made and entered into by and between ______(“EMPLOYEE”) and ________ (“COMPANY”) (collectively “the Parties”):

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RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • August 14th, 2006 • Environmental Power Corp • Cogeneration services & small power producers • New Hampshire

This RELEASE AND SEVERANCE AGREEMENT is made and entered into effective as of the 19th day of May, 2006, by and between Randall L. Hull (“Hull”), on the one hand, and Environmental Power Corporation (“EPC”) and Microgy, Inc. (“Microgy”), on the other hand (EPC and Microgy together, and collectively with their former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the “Company”).

RELEASE AND SEVERANCE AGREEMENT PLEASE READ CAREFULLY
Release and Severance Agreement • January 5th, 2016 • Independence Bancshares, Inc. • National commercial banks • South Carolina

This Release and Severance Agreement (the “Agreement”) is made and entered into by and between Gordon A. Baird (“Executive”) and Independence Bancshares, Inc., a South Carolina corporation and holding company of Independence National Bank, a national bank, as well as any affiliated or related entities, subsidiaries, or divisions, and the shareholders, directors, officers, employees, and agents thereof (collectively referred to herein as the “Company”).

August 3, 2004
Release and Severance Agreement • November 4th, 2004 • Trex Co Inc • Lumber & wood products (no furniture)
RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • May 29th, 2015 • Stancorp Financial Group Inc • Accident & health insurance • Oregon
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