Retirement Transition Agreement Sample Contracts

Standard Contracts

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • July 2nd, 2021 • Energizer Holdings, Inc. • Miscellaneous electrical machinery, equipment & supplies • Missouri

This Retirement Transition Agreement (“Agreement”) is made and entered into by and between Timothy W. Gorman (“Colleague”) and Energizer Brands, LLC (“Energizer”). For purposes of this Agreement, the term “Energizer” shall include not only Energizer Brands, LLC, but also Energizer Holdings, Inc., and all current and former parent, subsidiary and affiliated companies, predecessors, successors, and assigns of the aforementioned entities, and all past, present, and future officers, boards of directors, attorneys, agents, representatives, stockholders, and employees of any of the foregoing. In consideration of the following promises, the parties agree to the following:

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RETIREMENT & TRANSITION AGREEMENT AND RELEASE
Retirement & Transition Agreement • May 6th, 2021 • InterDigital, Inc. • Patent owners & lessors • Pennsylvania

This Retirement & Transition Agreement and Release (“Agreement”) is made by and between William J. Merritt (“Executive”) and InterDigital, Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”).

Contract
Retirement Transition Agreement • May 5th, 2020 • Texas

EX-10.17 2 exhibit1017finalmandel.htm EXHIBIT 10.17 Exhibit 10.17 RETIREMENT TRANSITION AGREEMENT This Retirement Transition Agreement (“Agreement”) is entered into this 20th day of November 2018 between Jacobs Engineering Group Inc. and its affiliated and subsidiary companies (“Jacobs”) and Gary Mandel (“Employee”). The effective date of this Agreement shall be the “Effective Date” as defined in the Revocation Period paragraph, below. WHEREAS, Employee has been a full-time employee of Jacobs; and WHEREAS, Employee has announced his intention to retire from Jacobs; and WHEREAS, Employee and Jacobs desire to agree on the terms and timing of such retirement; and WHEREAS, Employee and Jacobs wish to document that this is a mutual and amicable transition of Employee to retirement; and WHEREAS, Employee and Jacobs desire to define the details of Employee’s retirement transition from Jacobs. NOW, THEREFORE, in consideration of the valuable promises and the agreements contained herein, it is

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • September 11th, 2014 • Ch2m Hill Companies LTD • Services-engineering services • Colorado

This Retirement Transition Agreement (“Agreement”) is made between CH2M HILL Companies, Ltd. (“CH2M HILL”) and Lee A. McIntire (“Mr. McIntire”) to outline the terms and conditions of Mr. McIntire’s retirement transition from CH2M HILL. CH2M HILL together with its subsidiaries and affiliated corporations, joint ventures, and businesses are sometimes referred to collectively in this Agreement as “CH2M HILL.”

Retirement Transition Agreement
Retirement Transition Agreement • May 9th, 2024 • National Research Corp • Services-commercial physical & biological research

This letter is the Retirement Transition Agreement (the “Agreement”) between you and National Research Corporation (the “Company”).

Retirement Transition Agreement February 7, 2013
Retirement Transition Agreement • February 12th, 2013 • Lockheed Martin Corp • Guided missiles & space vehicles & parts • Maryland

This letter agreement (“Agreement”) confirms our discussions concerning your desire to retire, and the compensation and benefits you will receive in retirement in recognition of your contributions to the Corporation and your effective leadership of the Space Systems Company (SSC) Business Area.

MILACRON INC. RETIREMENT & TRANSITION AGREEMENT FOR RONALD D. BROWN
Retirement & Transition Agreement • August 7th, 2008 • Milacron Inc • Special industry machinery, nec • Ohio
RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • March 28th, 2023 • Peapack Gladstone Financial Corp • Commercial banks, nec • New Jersey

This Retirement Transition Agreement (this “Agreement”) is made and entered into as of January 1, 2023 (the “Effective Date”), by and among Peapack-Gladstone Financial Corporation (“PGFC”), a New Jersey corporation, Peapack-Gladstone Bank (the “Bank”), a New Jersey-chartered bank (together, the “Company”), and Robert A. Plante (“Executive”).

Retirement Transition Agreement
Retirement Transition Agreement • July 13th, 2011 • Lakeland Financial Corp • State commercial banks • Indiana

This Retirement Transition Agreement (this “Agreement”) is made and entered into effective July 12, 2011 (the “Effective Date”), by and between Lakeland Financial Corporation, an Indiana corporation (“Employer”) and Charles D. Smith (“Executive”).

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • May 10th, 2012 • Ch2m Hill Companies LTD • Services-engineering services • Colorado

This Retirement Transition Agreement (“Agreement”) is made between CH2M HILL Companies, Ltd. (“CH2M HILL”) and Nancy R. Tuor (“Mrs. Tuor”) to outline the terms and conditions of Mrs. Tuor’s retirement transition from CH2M HILL. CH2M HILL together with its subsidiaries and affiliated corporations, joint ventures, and businesses are sometimes referred to collectively in this Agreement as “CH2M HILL.”

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • November 24th, 2004 • Woodward Governor Co • Electrical industrial apparatus • Illinois

This Retirement Transition Agreement ("Agreement") is made and entered into this 23rd day of November, 2004 by and between Stephen P. Carter, Executive Vice President, CFO and Treasurer (hereinafter "Executive, Employee or Mr. Carter") and Woodward Governor Company, including its affiliated companies, shareholders, directors, officers, employees and agents (hereinafter "Company") pursuant to the following terms and conditions:

RETIREMENT TRANSITION AGREEMENT AND RELEASE
Retirement Transition Agreement • June 14th, 2013 • Texas Capital Bancshares Inc/Tx • State commercial banks

This Retirement Transition Agreement and Release (“Agreement”) is made and entered into as of June , 2013 by and between Texas Capital Bancshares, Inc. (“TCBI”), which is the holding company of Texas Capital Bank, N.A. (“TCB”) (TCBI and TCB shall be collectively referred to herein as the “Company”), and George F. Jones, Jr. (“Executive”). The Company and Executive are referred to in this Agreement as the “Parties.”

Retirement Transition Agreement February 7, 2013
Retirement Transition Agreement • February 12th, 2013 • Lockheed Martin Corp • Guided missiles & space vehicles & parts • Maryland

This letter agreement (“Agreement”) confirms our discussions concerning your desire to retire, and the compensation and benefits you will receive in retirement in recognition of your contributions to the Corporation and your effective leadership of the Information Systems and Global Solutions (IS&GS) Business Area.

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • July 2nd, 2015 • Ch2m Hill Companies LTD • Services-engineering services • Colorado

This Retirement Transition Agreement (“Agreement”) is made between CH2M HILL Companies, Ltd. and Michael A. Szomjassy (“Mr. Szomjassy”) to outline the terms and conditions of Mr. Szomjassy’s retirement transition from employment. CH2M HILL Companies, Ltd., together with its subsidiaries and affiliated corporations, joint ventures, and businesses are referred to collectively in this Agreement as “CH2M.”

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • March 9th, 2005 • Trinity Industries Inc • Railroad equipment • Texas

This RETIREMENT TRANSITION AGREEMENT (hereinafter “this Agreement”) is entered into by and between Trinity Industries, Inc., a Delaware corporation (hereinafter “Trinity”), and John L. Adams (hereinafter “Adams”), effective this 14th day of December 2004. Trinity and Adams are collectively hereinafter referred to as “the Parties.”

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • July 29th, 2019 • Texas Capital Bancshares Inc/Tx • State commercial banks

This Retirement Transition Agreement (“Agreement”) is entered into by and between Texas Capital Bancshares, Inc. (“TCBI”), which is the holding company of Texas Capital Bank, N.A. (“TCB”) (TCBI and TCB collectively, the “Company”), and Vince Ackerson (“Executive”). The Company and Executive are referred to herein individually as a “Party” and collectively as the “Parties.”

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • October 25th, 2023 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods

This Retirement Transition Agreement (the “Agreement”) is made as of August 4, 2023 by and between OWENS CORNING, a Delaware corporation and its related entities (the “Company”), and Dan Smith, an employee of the Company (“Executive”). Executive has 21 days to consider and execute this Agreement and 7 days to revoke this Agreement after Executive has executed this Agreement.

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • October 5th, 2007 • Northrop Grumman Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • California
RETIREMENT TRANSITION AGREEMENT November 11, 2019
Retirement Transition Agreement • November 12th, 2019 • Energizer Holdings, Inc. • Miscellaneous electrical machinery, equipment & supplies • Missouri

This Retirement Transition Agreement (“Agreement”) is made and entered into by and between Emily K. Boss (“Colleague”) and Energizer Brands, LLC (“Energizer”). For purposes of this Agreement, the term “Energizer” shall include not only Energizer Brands, LLC, but also Energizer Holdings, Inc., and all current and former parent, subsidiary and affiliated companies, predecessors, successors, and assigns of the aforementioned entities, and all past, present, and future officers, board of directors, attorneys, agents, representatives, stockholders, and employees of any of the foregoing. In consideration of the following promises, the parties agree to the following:

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • July 30th, 2010 • Trinity Industries Inc • Railroad equipment • Texas

This RETIREMENT TRANSITION AGREEMENT (hereinafter this “Agreement”) is entered into by and between Trinity Industries, Inc., a Delaware corporation (hereinafter “Trinity”), and Mark W. Stiles (hereinafter “Stiles”). Each of Trinity and Stiles is a “Party” and collectively, are the “Parties.”

USE SCHOOL/COLLEGE LETTERHEAD] [DATE] Dear [NAME OF ELIGIBLE PARTICIPANT],
Retirement Transition Agreement • June 7th, 2021

This Retirement Transition Agreement memorializes your plan to participate in the COVID-19 Tenured Faculty Retirement Transition Program (the "Program") and to formalize your retirement date of [DATE BETWEEN 9/16/21 – 6/15/22 or 7/01/2021 – 7/30/2022] (one day following the last day worked).

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RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • August 5th, 2019 • Jacobs Engineering Group Inc /De/ • Heavy construction other than bldg const - contractors • Texas

This Retirement Transition Agreement (“Agreement”) is entered into this 6th day of June 2019 between Jacobs Engineering Group Inc. and its affiliated and subsidiary companies (“Jacobs”) and Terence Hagen (“Employee”). The effective date of this Agreement shall be the “Effective Date” as defined in the Revocation Period paragraph, below.

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • March 9th, 2005 • Trinity Industries Inc • Railroad equipment • Texas

This RETIREMENT TRANSITION AGREEMENT (hereinafter “this Agreement”) is entered into by and between Trinity Industries, Inc., a Delaware corporation (hereinafter “Trinity”), and Jim S. Ivy (hereinafter “Ivy”), effective this 14th day of December 2004. Trinity and Ivy are collectively hereinafter referred to as “the Parties.”

USE UNIT/SCHOOL/COLLEGE LETTERHEAD] [DATE] Dear [NAME OF ELIGIBLE PARTICIPANT],
Retirement Transition Agreement • April 26th, 2022

This Retirement Transition Agreement memorializes your plan to participate in the Academic Professional Phased Retirement Transition Program (the "Program") and to formalize your retirement date of [DATE] and your post-retirement employment period of [DATE].

RETIREMENT TRANSITION AGREEMENT AND MUTUAL RELEASE
Retirement Transition Agreement • May 10th, 2019 • Mobile Mini Inc • Fabricated plate work (boiler shops)

The parties to this Retirement Transition Agreement and Mutual Release (the “Release Agreement”) are MOBILE MINI, INC., a Delaware corporation, and its affiliates, parents, successors, predecessors, and subsidiaries (the “Company”) and ERIK OLSSON (the “Executive”). The Company and Executive are hereinafter individually referred to as a “Party” and collectively as the “Parties.” This Release Agreement shall take effect on the Effective Date (as defined in Section 7 below).

FIRST AMENDMENT TO THE RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • May 7th, 2019 • Jacobs Engineering Group Inc /De/ • Heavy construction other than bldg const - contractors • Texas

This First Amendment to the Retirement Transition Agreement (“First Amendment”) is entered into this 1st day of May 2019 between Jacobs Engineering Group Inc. and its affiliated and subsidiary companies (“Jacobs”) and Gary Mandel (“Employee”). The effective date of this First Amendment shall be the latter date affixed to the two signatures below, below.

USE SCHOOL/COLLEGE LETTERHEAD] [DATE] Dear [NAME OF ELIGIBLE PARTICIPANT],
Retirement Transition Agreement • March 21st, 2022

This Retirement Transition Agreement memorializes your plan to participate in the COVID-19 Tenured Faculty Retirement Transition Program (the "Program") and to formalize your retirement date of [DATE BETWEEN 7/01/2022 – 6/30/2023 or 7/01/2023 – 6/30/2024] (one day following the last day worked).

USE SCHOOL/COLLEGE LETTERHEAD] [DATE] Dear [NAME OF ELIGIBLE PARTICIPANT],
Retirement Transition Agreement • May 11th, 2021

This Retirement Transition Agreement memorializes your plan to participate in the COVID-19 Tenured Faculty Retirement Transition Program (the "Program") and to formalize your retirement date of [DATE BETWEEN 7/1/21-6/30/22] (one day following the last day worked).

RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • November 3rd, 2015 • Ch2m Hill Companies LTD • Services-engineering services • Colorado

This Retirement Transition Agreement (“Agreement”) is made between CH2M HILL Companies, Ltd. and John Madia (“Mr. Madia”) to outline the terms and conditions of Mr. Madia’s retirement transition from employment. CH2M HILL Companies, Ltd., together with its subsidiaries and affiliated corporations, joint ventures, and businesses are referred to collectively in this Agreement as “CH2M.”

Retirement Transition Agreement and Release
Retirement Transition Agreement • August 13th, 2015 • Esterline Technologies Corp • Industrial instruments for measurement, display, and control • Washington
Retirement Transition Agreement January 26, 2012
Retirement Transition Agreement • February 23rd, 2012 • Lockheed Martin Corp • Guided missiles & space vehicles & parts • Maryland
RETIREMENT TRANSITION AGREEMENT
Retirement Transition Agreement • February 21st, 2008 • Trinity Industries Inc • Railroad equipment • Texas

This RETIREMENT TRANSITION AGREEMENT (hereinafter this “Agreement”) is entered into by and between Trinity North American Freight Car, Inc., a Delaware corporation (hereinafter “Trinity”), and Martin Graham (hereinafter “Graham”). Trinity and Graham are collectively hereinafter referred to as the “Parties.”

Retirement Transition Agreement August 10, 2007
Retirement Transition Agreement • August 10th, 2007 • Lockheed Martin Corp • Guided missiles & space vehicles & parts • Maryland

This letter agreement (this “Agreement”) sets forth the agreement between Lockheed Martin Corporation (the “Corporation”) and you concerning your voluntary retirement from the Corporation.

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