Separation Agreement and General Release Sample Contracts

RECITALS
Separation Agreement and General Release • August 9th, 2004 • Halsey Drug Co Inc/New • Pharmaceutical preparations
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RE: Separation Agreement and General Release
Separation Agreement and General Release • May 24th, 2019 • Dermavant Sciences LTD • Pharmaceutical preparations • New York

Your employment with Dermavant Sciences, Inc. will be terminated effective September 4, 2018 (the “Termination Date”). This Separation Agreement and General Release (this “Agreement”) sets forth the terms and conditions under which Dermavant Sciences, Inc. is offering you a bonus in exchange for you making and honoring certain commitments, including agreeing not to pursue legal action against the Company as described in Sections 6 and 7.

Re: Separation Agreement and General Release
Separation Agreement and General Release • March 24th, 2006 • AMH Holdings, Inc. • Plastics products, nec

This letter confirms the resignation of your employment with Associated Materials Incorporated (“AMI”), with your last day of employment being December 31, 2005. You understand and agree that, effective October 21, 2005, you have no longer been authorized to incur any expenses or obligations or liabilities on behalf of AMI and you represent that you have not incurred any such expenses or obligations or liabilities on behalf of AMI.

March 31, 2011
Separation Agreement and General Release • April 5th, 2011 • Ameritrans Capital Corp • New York
Separation Agreement and General Release
Separation Agreement and General Release • March 15th, 2019 • Howard Bancorp Inc • State commercial banks • Maryland

THIS SEPARATION AND GENERAL RELEASE AGREEMENT (hereinafter, “this Agreement”) is entered into this 13th day of November 2018, by and between Howard Bank, a Maryland chartered trust company (the “Company”) and James D. Witty (the “Executive” or the “Employee”). Collectively, the Company and the Executive shall be referred to as the “Parties”.

Contract
Separation Agreement and General Release • May 5th, 2020

EX-10.2 3 exh102exhibita.htm EXHIBIT 10.2 Exhibit 10.2 FORM OF EXHIBIT A TO AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT SEPARATION AGREEMENT AND GENERAL RELEASE Definitions. All the words used in this Separation Agreement and General Release (“Agreement”) have their plain meaning in ordinary English. Specific terms used in this Agreement have the following meanings:

Separation Agreement and General Release
Separation Agreement and General Release • September 2nd, 2014 • Wet Seal Inc • Retail-women's clothing stores • California
AMENDMENT NO. 1
Separation Agreement and General Release • October 30th, 2006 • Kla Tencor Corp • Optical instruments & lenses

THIS AMENDMENT NO. 1 (the “Amendment”) to the SEPARATION AGREEMENT AND GENERAL RELEASE dated October 16, 2006 made by and between KLA-Tencor Corporation (the “Company”), and Kenneth Levy, (hereinafter “Executive”) shall be effective as of October 16, 2006 (the “Effective Date”).

Re: Separation Agreement and General Release
Separation Agreement and General Release • April 28th, 2014 • LPL Financial Holdings Inc. • Security & commodity brokers, dealers, exchanges & services • California

In connection with your separation from employment, LPL Financial Holdings Inc. (“Financial Holdings”) and LPL Financial LLC (the “Company”) are offering the terms described in this Separation Agreement and General Release (the “Separation Agreement”), provided that you execute the Separation Agreement.

AMENDMENT TO SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • August 21st, 2023 • Aditxt, Inc. • Pharmaceutical preparations

This amendment (“Amendment”) dated as of August 15, 2023 (“Amendment Effective Date”) to that certain Separation Agreement and General Release dated as of July 27, 2023 (the “Agreement”), is entered into by and between Matthew Shatzkes (“Employee”), and Aditxt, Inc., a Delaware corporation (“Employer”, and together with Employee, the “Parties” and each, a “Party”). All defined terms used herein that are not otherwise defined are used as defined in the Agreement.

Re: Separation Agreement and General Release
Separation Agreement and General Release • April 25th, 2023 • TILT Holdings Inc. • Cigarettes

This letter sets forth the agreement (the “Agreement”) between you and TILT Holdings Inc. (the “Company”) regarding your resignation from employment with the Company, effective today, April 21, 2023 (the “Separation Date”). Except as specifically stated herein, this Agreement supersedes and replaces the Employment Agreement between you and the Company dated May 13, 2021 (the “Employment Agreement”). Capitalized terms not defined herein shall have the respective meanings ascribed to them in the Employment Agreement.

RE: Separation Agreement and General Release
Separation Agreement and General Release • August 9th, 2019 • Axovant Gene Therapies Ltd. • Pharmaceutical preparations • New York

You have resigned your employment with Axovant Sciences, Inc. effective September 1, 2019 (the "Termination Date"). This Separation Agreement and General Release (this "Agreement") sets forth the terms and conditions under which Axovant Sciences, Inc. is offering you additional consideration in exchange for you making and honoring certain commitments, including your agreement not to pursue legal action against the Company as described in Sections 6 and 7.

November 10, 2007
Separation Agreement and General Release • November 13th, 2007 • HydroGen CORP • Engines & turbines • Pennsylvania

You (Leo Blomen) and the Board of Directors of HydroGen Corporation have come to the conclusion that, given the critical point that the Company has reached in its life-cycle, that the Chief Executive Officer of HydroGen Corporation and HydroGen, L.L.C. (the “Company”) should be a full-time employee of the Company living in the United States and working out of the Company’s offices on a daily basis. Given the Company’s desire to retain your services as a consultant and your desire to continue providing consulting services to the Company through Blomenco B.V. (“Blomenco”) we would like to retain your services as a consultant to provide technical and other services to the Company and end your consulting services as Chief Executive Officer and Chief Technology Officer of HydroGen Corporation and the Company.

AMENDMENT NO. 1 SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • November 4th, 2008 • Technology Research Corp • Switchgear & switchboard apparatus

This Amendment No. 1 to the Separation Agreement and General Release (“Separation Agreement”), is entered into by and between TECHNOLOGY RESEARCH CORPORATION, a Florida corporation (“TRC”), and BARRY H. BLACK (“Mr. Black”). Mr. Black and TRC agree to amend the Separation Agreement as follows:

Contract
Separation Agreement and General Release • March 15th, 2005 • Commercial Net Lease Realty Inc • Real estate investment trusts • Florida

THIS SEPARATION AGREEMENT AND GENERAL RELEASE (the “Agreement”) is made and entered into as of April 23, 2004, by and between GARY M. RALSTON (“Ralston”) and COMMERCIAL NET LEASE REALTY, INC. (“CNLR” or the “Company”).

Contract
Separation Agreement and General Release • November 5th, 2024 • Mercury Systems Inc • Electronic components & accessories
FORM OF SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • August 7th, 2024 • United Parcel Service Inc • Trucking & courier services (no air)
THE HERSHEY COMPANY 2005 EARLY RETIREMENT PLAN FOR E-GRADE EMPLOYEES (ERP EGRADE) SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • July 21st, 2005 • Hershey Co • Sugar & confectionery products

This is a Confidential Separation Agreement and General Release (hereinafter “Agreement”) between The Hershey Company (hereinafter “the Company”) and the employee electing to participate in the Company’s 2005 Early Retirement Plan for E-Grade Employees (hereinafter “you”). You should talk to an attorney before you sign this Agreement because it affects your legal rights.

May 22, 2009
Separation Agreement and General Release • August 13th, 2009 • Purple Communications, Inc. • Radiotelephone communications

This Separation Agreement and General Release (the "Agreement") is made between Edmond Routhier (“Employee”) and Purple Communications, Inc., formerly known as GoAmerica, Inc. (the "Company").

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • November 20th, 2009 • Memc Electronic Materials Inc • Semiconductors & related devices • Missouri

This Separation Agreement and General Release ("Agreement") is made and entered into by and between Mike Cheles ("Mr. Cheles") and MEMC Electronic Materials, Inc. ("MEMC"). In consideration of the following promises, the parties agree as follows:

INFUSYSTEM HOLDINGS, INC. June 7, 2017
Separation Agreement and General Release • June 14th, 2017 • InfuSystem Holdings, Inc • Surgical & medical instruments & apparatus • Michigan
Separation Agreement and General Release
Separation Agreement and General Release • September 1st, 2011 • J Crew Group Inc • Retail-apparel & accessory stores • New York

This will confirm our agreement regarding the cessation of your employment with J.Crew (the “Company”), effective on August 1, 2011 (the “Termination Date”).

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Re: Amendment to Separation Agreement and General Release
Separation Agreement and General Release • November 5th, 2013 • Chefs' Warehouse, Inc. • Wholesale-groceries, general line

Reference is made to that Separation Agreement and General Release, entered into between you and The Chefs’ Warehouse, Inc. (“Chefs’ Warehouse”), dated August 30, 2012 (the “Separation Agreement”). Capitalized terms used herein without definition shall have the meanings ascribed to them in the Separation Agreement.

June 23, 2011
Separation Agreement and General Release • July 12th, 2011 • Ameritrans Capital Corp • New York
GREEN ENERGY MANAGEMENT SERVICES HOLDINGS, INC.
Separation Agreement and General Release • March 23rd, 2015 • Green Energy Management Services Holdings, Inc. • Services-management consulting services • New York

This Separation Agreement and General Release (“Agreement and Release”) confirms the termination of your employment with Green Energy Management Services Holdings, Inc. (the “Company”) as of March 17, 2015. All compensation and benefits will cease as of the last day of your employment, except as expressly set forth herein or as otherwise required by law. This Agreement and Release supersedes any and all prior agreements and/or communication previously given to you regarding termination of your employment.

AMENDMENT NO. 1 TO SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • May 15th, 2009 • Strategic Diagnostics Inc/De/ • Miscellaneous chemical products

This Amendment No. 1 (the “Amendment”), effective as of April 3, 2009, by and between Strategic Diagnostics Inc., a Delaware corporation, together with each and every one of its predecessors, successors (by merger or otherwise), parents, subsidiaries, affiliates, assigns, directors, officers, employees and agents, whether named herein or otherwise, on the other hand (hereinafter collectively referred to as the “Company”), and Stanley Fronczkowski (“Fronczkowski”), to that certain Separation Agreement and General Release, dated as of December 8, 2008, by and between the Company and Fronczkowski (the “Separation Agreement”). All terms not otherwise defined herein shall have the meanings given such terms in the Separation Agreement.

Separation Agreement and General Release
Separation Agreement and General Release • November 7th, 2022 • NETSTREIT Corp. • Real estate investment trusts • Virginia

This Separation Agreement and General Release (the “Agreement”) is made and entered into by and between NETSTREIT Management, LLC (the “Company”), and Andrew Blocher, an individual (“Executive” or “you”).

Separation Agreement and General Release
Separation Agreement and General Release • August 11th, 2023 • Six Flags Entertainment Corp • Services-miscellaneous amusement & recreation

Aimee Williams-Ramey (“Executive” and referred to herein as “you”) and Six Flags Entertainment Corporation, a Delaware corporation (the “Company”), hereby knowingly and voluntarily agree to enter into this Separation Agreement and General Release (“Agreement”) which sets forth the terms agreed to in connection with the termination of your employment with the Company. You and the Company are referred to herein as the “Parties” or individually as a “Party”.

October 4, 2018 Opiant Pharmaceuticals, Inc. Attn: Dr. Roger Crystal, Chief Executive Officer
Separation Agreement and General Release • October 9th, 2018 • Pollack Kevin • Metal mining
Separation Agreement and General Release
Separation Agreement and General Release • October 25th, 2012 • Sauer Danfoss Inc • Misc industrial & commercial machinery & equipment

The Company, Sauer-Danfoss and the Employee mutually wish to confirm the terms of Employee's separation from employment and to settle, release and discharge any and all claims the Employee has or may have against Sauer-Danfoss and the Company and vice versa the Company and/or Sauer-Danfoss have or may have against the Employee, including but not limited to those arising or which may be arising out of Employee's employment and/or the termination of employment.

August 28, 2008 MICHAEL FINLAYSON [ADDRESS] Re: Separation Agreement and General Release Dear MICHAEL:
Separation Agreement and General Release • March 13th, 2009 • FiberTower CORP • Radiotelephone communications

This letter proposes the following Separation Agreement and General Release (this “Agreement”) between you and FiberTower Network Services Corp., a wholly-owned subsidiary of FiberTower Corporation (together, hereinafter referred to as “FiberTower”) regarding the terms of your separation of employment from FiberTower.

Re: Separation Agreement and General Release
Separation Agreement and General Release • November 5th, 2015 • Ophthotech Corp. • Pharmaceutical preparations

This letter agreement (the “Letter Agreement”) confirms our agreement concerning your separation from Ophthotech Corporation (“Ophthotech” or the “Company”). Subject to the terms of this Letter Agreement, your employment will end effective July 31, 2015 (the “Separation Date”). By signing a copy of this Letter Agreement in the space provided below, you agree to the terms and conditions set forth herein.

AMENDMENT TO SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • March 15th, 2018 • Liveperson Inc • Services-prepackaged software

THIS AMENDMENT (the “Amendment”) is entered into as of February ____, 2018 (the “Effective Date”) by and among LivePerson, Inc., (the “Company”), and Daniel Murphy (the “Executive”).

Confidential November 15, 2020 Mr. Kenneth G. Romanzi [Address Redacted] Re: Separation Agreement and General Release Dear Ken:
Separation Agreement and General Release • November 16th, 2020 • B&G Foods, Inc. • Food and kindred products • New Jersey

Consistent with our discussions concerning the terms of your separation, this letter constitutes an agreement between you and B&G Foods, Inc. (“B&G Foods”), on behalf of itself and its subsidiaries (collectively with B&G Foods, the “Company”), setting forth all terms of your separation from the Company. You are encouraged to read this letter agreement carefully and make certain that you understand and agree with it before you sign it. You may consider for twenty-one (21) days whether you wish to sign this letter agreement. You are encouraged to review this letter agreement with your attorney.

Christopher Kelly Re: Separation Agreement and General Release Dear Chris:
Separation Agreement and General Release • October 31st, 2024 • TILT Holdings Inc. • Cigarettes

This letter sets forth the agreement (the “Agreement”) between you and TILT Holdings Inc. (the “Company”) regarding your resignation from employment with the Company, effective today, October 14, 2024 (the “Separation Date”).

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