Severance Agreement Sample Contracts

TERMS AND CONDITIONS OF AMENDED AND RESTATED SEVERANCE AGREEMENT (NON-CHANGE IN CONTROL)
Severance Agreement • June 25th, 2010 • Con-Way Inc. • Trucking (no local) • Delaware
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FIRST CHANGE
Severance Agreement • May 26th, 2009 • PVF Capital Corp • Savings institution, federally chartered
THINKPATH INC. Ste. 215 - 16 Four Seasons Place Toronto, Ontario M9B 6E5 Canada TEL: 416-622-5200 FAX: 416-622-5206 MEMORANDUM OF AGREEMENT In consideration of the following: o severance payment of $100,000 payable bi-weekly beginning January 1st 2008...
Severance Agreement • November 19th, 2007 • Thinkpath Inc • Services-computer programming, data processing, etc.

o severance payment of $100,000 payable bi-weekly beginning January 1st 2008 for a period of twenty-four months; o payment of any earned 2007 bonuses; and, o payment of any earned and unused 2007 vacation;

RECITALS --------
Severance Agreement • January 7th, 2008 • Integrated Healthcare Holdings Inc • Services-hospitals • California
PART II RESIGNATION, OFFER LETTER TERMINATION, LEAVES OF ABSENCE, COMPENSATION, SEVERANCE BENEFITS
Severance Agreement • October 15th, 2007 • Zila Inc • Pharmaceutical preparations • Arizona
SEVERANCE AGREEMENT
Severance Agreement • June 7th, 2023 • Citi Trends Inc • Retail-apparel & accessory stores • Georgia

This SEVERANCE AGREEMENT (“Agreement”) is entered into between Citi Trends, Inc., a Delaware corporation, including its subsidiaries, affiliates, divisions, successors, and related entities (the “Company”), and Vivek Bhargava, an individual (the “Executive”), effective as of the date signed by Executive below.

SEVERANCE AGREEMENT
Severance Agreement • February 8th, 2011 • Immunogen Inc • Pharmaceutical preparations • Massachusetts

This Agreement is entered into as of the 1st day of December, 2010 (the “Effective Date”) by and between ImmunoGen, Inc., a Massachusetts corporation (the “Company”), and Craig Barrows (the “Executive”).

Contract
Severance Agreement • January 5th, 2024 • Carmax Inc • Retail-auto dealers & gasoline stations • Virginia
AGREEMENT
Severance Agreement • March 18th, 2004 • Anadys Pharmaceuticals Inc • Pharmaceutical preparations • California
Form of Amendment to Severance Agreement
Severance Agreement • October 23rd, 2014 • Lorillard, Inc. • Cigarettes • North Carolina

This Amendment to Severance Agreement (this “Amendment”) is made and entered into effective as of , 2014 (the “Effective Date”) by and between Lorillard, Inc., a Delaware corporation (the “Company”), and (the “Executive”).

WITNESSETH
Severance Agreement • December 9th, 2004 • CFS Bancorp Inc • Savings institution, federally chartered • Indiana
EXECUTIVE CHANGE IN CONTROL SEVERANCE AGREEMENT
Severance Agreement • March 9th, 2006 • Frontier Oil Corp /New/ • Petroleum refining • Texas

THIS EXECUTIVE CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”), effective as of December 30th, 2005 (the “Effective Date”), by and between Frontier Oil Corporation, a Wyoming corporation (the “Company”), and Leo J. Hoonakker (the “Executive”).

THE BRYN MAWR TRUST COMPANY EXECUTIVE CHANGE-OF-CONTROL SEVERANCE AGREEMENT
Severance Agreement • March 1st, 2019 • Bryn Mawr Bank Corp • State commercial banks • Pennsylvania

This Agreement made as of [DATE] between The Bryn Mawr Trust Company, a Pennsylvania financial institution, subject to the provisions of the Pennsylvania Banking Code of 1965, as amended (the “Company”), and [NAME] (the “Employee”).

BRIGHT HORIZONS FAMILY SOLUTIONS LLC SEVERANCE AGREEMENT
Severance Agreement • February 28th, 2023 • Bright Horizons Family Solutions Inc. • Services-child day care services

WHEREAS, the Board of Managers (the “Board”) of Bright Horizons Family Solutions LLC (the “Company”) has determined that it is in the best interests of the Company and its sole member Bright Horizons Capital Corp., and Bright Horizons Family Solutions Inc. (“Parent”) and its stockholders, for the Company to agree to provide benefits to those members of management, including yourself, who are responsible for the policy-making functions of the Company and the overall viability of the Company’s business, in the event that you should leave the employ of the Company under the circumstances described below;

SEVERANCE AGREEMENT
Severance Agreement • December 10th, 2021 • Lumber Liquidators Holdings, Inc. • Retail-lumber & other building materials dealers • Virginia

THIS SEVERANCE AGREEMENT (the “Agreement”) is made and entered into as of the __ day of _________, 20__ by and between LL Flooring Holdings, Inc., a Delaware corporation (the “Company”), and ________________ (the “Employee”).

AEROHIVE NETWORKS, INC. AMENDED AND RESTATED SEPARATION AND CHANGE IN CONTROL SEVERANCE AGREEMENT
Severance Agreement • May 2nd, 2018 • Aerohive Networks, Inc • Services-computer integrated systems design • California

This Change in Control Severance Agreement (the “Agreement”) is amended and restated and made and entered into by and between Alan Amrod (“you” or “Executive”) and Aerohive Networks, Inc., a Delaware corporation (the “Company”), effective as of April 1, 2018 (the “Effective Date”), and replaces and supersedes in all respects that Separation and Change in Control Severance Agreement between the Company and you dated effective November 16, 2015.

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LETTER AGREEMENT
Severance Agreement • March 4th, 2011 • Amicus Therapeutics Inc • Pharmaceutical preparations

On behalf of Amicus Therapeutics, Inc., (the “Company”), this Letter Agreement, dated as of January 3, 2011, shall serve to confirm our agreement in the event Amicus terminates your employment without cause or in the event of a Change in Control, Sale or Merger of the Company. By accepting the terms of this Letter Agreement, you agree that the rights identified in this Letter Agreement contain the complete understanding between you and the Company related to Severance and Change in Control payments and supersedes and replaces all previous agreements related to such payments. The November 16, 2007 Offer of Employment Letter countersigned by you and attached hereto shall otherwise remain in full force and effect and is hereby confirmed and ratified.

SEVERANCE AGREEMENT
Severance Agreement • October 9th, 2015 • Selectica Inc • Services-prepackaged software • California

THIS SEVERANCE AGREEMENT (this “Agreement”) is entered into as of October 7, 2015 by and between JOHN NOLAN (the “Employee”) and SELECTICA, INC., a Delaware corporation (the “Company”).

AGREEMENT
Severance Agreement • September 1st, 2023 • Abercrombie & Fitch Co /De/ • Retail-family clothing stores • Ohio

This AGREEMENT (this "Agreement"), is entered into between Abercrombie & Fitch Management Co., a Delaware corporation (the "Company"), and Joseph (“Jay”) Rust (the "Executive") as of the execution date by the Company below (the "Effective Date").

SEVERANCE AGREEMENT
Severance Agreement • August 9th, 2023 • Proterra Inc • Motor vehicles & passenger car bodies • California

This Severance Agreement (the “Agreement”) is entered into as of 5/8/2023 (the “Effective Date”) by and between David Scott Black (the “Executive”) and Proterra Inc, a Delaware corporation (the “Company”).

SEVERANCE AGREEMENT
Severance Agreement • April 1st, 2015 • Brown Shoe Co Inc • Footwear, (no rubber) • Missouri

This SEVERANCE AGREEMENT (the “Agreement”) is effective as of April 1, 2009 (“Effective Date”) by and between Daniel R. Friedman (“Employee”) and Brown Shoe Company, Inc., a New York corporation (“Brown Shoe” and, together with its subsidiaries, the “Company”).

CHANGE IN CONTROL SEVERANCE AGREEMENT
Severance Agreement • May 14th, 2014 • Versar Inc • Services-engineering services • Virginia

This Agreement between James D. Villa ("you") and VERSAR, INC. ("Company") has been entered into as of May 12, 2014. This Agreement promises you severance benefits if, following a Change of Control, you are terminated without Cause or resign for Good Reason during the Term of this Agreement. Capitalized terms are defined in the last section of this Agreement.

HARRAH'S ENTERTAINMENT, INC. [Date]
Severance Agreement • March 5th, 2004 • Harrahs Entertainment Inc • Services-miscellaneous amusement & recreation • Delaware

Harrah's Entertainment, Inc. (the "Company") considers it essential to the best interest of its stockholders to foster the continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the "Board") recognizes that, as is the case with many publicly held corporations, the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders.

SEVERANCE AGREEMENT
Severance Agreement • April 22nd, 2011 • Force Protection Inc • Miscellaneous transportation equipment • South Carolina

This SEVERANCE AGREEMENT (this “Agreement”) is entered into as of the 18th day of April, 2011 (the “Effective Date”), by and between Force Protection, Inc., a Nevada corporation (the “Company”), and Gregory T. Troy (the “Executive”).

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