Severance Pay Agreement Sample Contracts

SEMPRA ENERGY SEVERANCE PAY AGREEMENT
Severance Pay Agreement • February 28th, 2023 • Southern California Gas Co • Natural gas transmission • California

THIS AGREEMENT (this “Agreement”), dated as of March 1, 2017 (the “Effective Date”), is made by and between SEMPRA ENERGY, a California corporation (“Sempra Energy”), and Erbin Keith (the “Executive”).

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AGREEMENT
Severance Pay Agreement • July 19th, 2005 • Capital Southwest Corp
AMENDED AND RESTATED SEMPRA ENERGY SEVERANCE PAY AGREEMENT
Severance Pay Agreement • February 26th, 2015 • San Diego Gas & Electric Co • Electric & other services combined • California

THIS AGREEMENT (this “Agreement”), dated as of November 4, 2008, is made by and between SEMPRA ENERGY, a California corporation (“Sempra Energy”), and MARK A. SNELL (the “Executive”).

SEMPRA ENERGY SEVERANCE PAY AGREEMENT
Severance Pay Agreement • August 6th, 2024 • Southern California Gas Co • Natural gas transmission • California

THIS AGREEMENT (this “Agreement”), dated as of March 1, 2023 (the “Effective Date”), is made by and between SEMPRA ENERGY, a California corporation (“Sempra Energy”), and Sara P. Mijares (the “Executive”).

SEMPRA ENERGY SEVERANCE PAY AGREEMENT
Severance Pay Agreement • May 4th, 2023 • Southern California Gas Co • Natural gas transmission • California

THIS AGREEMENT (this “Agreement”), dated as of March 1, 2023 (the “Effective Date”), is made by and between SEMPRA ENERGY, a California corporation (“Sempra Energy”), and Caroline A. Winn (the “Executive”).

WITNESSETH ----------
Severance Pay Agreement • April 1st, 1999 • Platinum Technology International Inc • Services-prepackaged software • Delaware
EX-10 10 ex109felsingersevpay2.htm EX 10.9 SEMPRA ENERGY SEVERANCE PAY AGREEMENT
Severance Pay Agreement • May 5th, 2020 • California

THIS AGREEMENT (this "Agreement"), dated as of August 17, 2004 (the "Effective Date") is made by and between SEMPRA ENERGY, a California corporation, and DONALD E. FELSINGER (the "Executive").

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • November 30th, 2005 • United Retail Group Inc/De • Retail-women's clothing stores

This Severance Pay Agreement (the “Agreement”), dated __________ __, ____ (the “date first set forth above”) between United Retail Incorporated, a Delaware corporation, with principal offices at 365 West Passaic Street, Rochelle Park, New Jersey 07662 (the “Company”) and the undersigned officer of the Company (the “Executive”).

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • September 4th, 2012 • Tandy Brands Accessories Inc • Apparel & other finishd prods of fabrics & similar matl • Texas

This SEVERANCE PAY AGREEMENT ("Agreement"), effective as of February 20, 2012 (the "Effective Date"), by and between Tandy Brands Accessories, Inc., a Delaware corporation (the "Company"), and Hilda McDuff (the "Executive"), evidences that;

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • October 5th, 2006 • Eschelon Telecom Inc • Telephone communications (no radiotelephone) • Minnesota

This Agreement is made this day of December 2005, by and between Eschelon Telecom, Inc., a Delaware corporation, and its affiliates and subsidiaries (the “Company”) and (the “Executive”).

SEVERANCE PAY AGREEMENT FOR KEY EXECUTIVES
Severance Pay Agreement • May 6th, 2008 • Soapstone Networks Inc. • Computer communications equipment • Massachusetts

This agreement is entered into by and between Avici Systems Inc. (the “Company”) and Esmeralda Swartz (“you”) effective as of February 28, 2006 (the “Effective Date”).

SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • March 16th, 2009 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • New York

Reference is made to that certain agreement (the “Agreement”) entered into as of August 1, 2006 between Asbury Automotive Group, Inc. and its subsidiaries and affiliates (“Asbury”) and Keith Style (“Executive”), a key employee of Asbury, which provides for an agreed-upon compensation in the event that there is a Termination (as defined below) of Executive’s employment with Asbury. The parties hereto agree to amend and restate such Agreement as hereinafter provided.

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • May 21st, 2008 • Cyberoptics Corp • Optical instruments & lenses

This Agreement is made as of the 19th day of May, 2008, between CyberOptics Corporation, a Minnesota corporation (the “Company”) and Jeffrey A. Bertelsen (“Executive”).

RESTATED SEVERANCE PAY AGREEMENT
Severance Pay Agreement • July 19th, 2007 • United Retail Group Inc/De • Retail-women's clothing stores

This Severance Pay Agreement (the “Agreement”), dated as of June 15, 2007 (the “date first set forth above”), is made between United Retail Group, Inc., a Delaware corporation, with principal offices at 365 West Passaic Street, Rochelle Park, New Jersey 07662 (the “Company”) and the undersigned officer of the Company (the “Executive”).

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • June 5th, 2006 • SoftBrands, Inc. • Services-prepackaged software

This Agreement is made as of the second day of June, 2006, between SoftBrands, Inc., a Delaware corporation (the “Company”) and Gregg A. Waldon (“Executive”).

EX-10.35 4 d211821dex1035.htm SEVERANCE PAY AGREEMENT AND RELEASE OF ALL CLAIMS (STEVE DELARGE) SEVERANCE PAY AGREEMENT AND RELEASE OF ALL CLAIMS
Severance Pay Agreement • May 5th, 2020

This Severance Pay Agreement and Release of All Claims (“Agreement”) is entered into on February 27, 2012 (the “Termination Date”) between Steve Delarge (“You”) and Momentive Performance Materials Inc., (the “Company”) joined in by Momentive Performance Materials Holdings, Inc. and Momentive Performance Materials Holdings, LLC. You have terminated your employment with the Company as of the Termination Date. You acknowledge that, throughout your employment with the Company, you were employed at will. You further acknowledge that the Company has no obligation to provide you with any severance benefits or salary continuation other than those outlined in the term sheet signed by you on September 11, 2006. The Company acknowledges that the termination of your employment is not a termination for Cause or a termination without Good Reason (in each case as defined in any Agreement with the Company to which you are a party or any of the Plans or Agreements referred to in Sections 1a., b. or c.

AMENDED AND RESTATED SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • February 23rd, 2017 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • Georgia

This Amended and Restated Severance Pay Agreement is entered into as of February 21, 2017 (the “Effective Date”) between Asbury Automotive Group, Inc. (“Asbury”) and George A. Villasana (“Executive”).

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • March 3rd, 2008 • Empire District Electric Co • Electric services • Missouri

THIS AGREEMENT dated as of ____________, between THE EMPIRE DISTRICT ELECTRIC COMPANY (the “Company”), a Kansas corporation, having its principal offices at 602 Joplin Street, Joplin, Missouri, and ___________________, residing at _______________________, (the “Executive”),

Contract
Severance Pay Agreement • May 9th, 2007 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • Florida

AMENDMENT, dated as of February 1, 2007 (this “Amendment”), to the Severance Pay Agreement for Key Employee between Asbury Automotive Group, Inc. (“Company”) and Charlie Tomm (“Executive”), dated as of April 1, 2005 (the “Severance Pay Agreement”).

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • March 15th, 2006 • Avici Systems Inc • Computer communications equipment • Massachusetts

You will receive severance pay if, prior to, in connection with or following a Change of Control, you are terminated from employment by the Company or an acquiring party without Cause or if you resign for Good Reason.

SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • May 4th, 2009 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • New York

This agreement is entered into as of April 29, 2009 (the “Employment Date”), between Asbury Automotive Group, Inc. and its subsidiaries and affiliates (“Asbury” or the “Company”) and Michael Kearney (“Executive”), a key employee of Asbury, in order to provide for an agreed-upon compensation in the event of a Termination (as such term is defined in this Agreement) of Executive’s employment with Asbury (the “Agreement”).

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SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • March 1st, 2010 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations

This Agreement (“Agreement”) is between Asbury Automotive Group, Inc. and its subsidiaries, affiliates, successors, and assigns (“Asbury” or the “Company”) and Beth Chandler (“Executive”), a key employee of Asbury, in order to provide for an agreed-upon compensation in the event of a Termination (as such term is defined in this Agreement) of Executive’s employment with Asbury.

SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • February 27th, 2018 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • New York

This agreement is entered into as of July 18, 2005 between Asbury Automotive Group L.L.C. ("Asbury") and George C. Karolis (" Executive"), a key employee of Asbury, in order to provide for an agreed-upon compensation in the event that the Executive's employment is terminated as defined in this agreement.

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • December 14th, 2007 • SoftBrands, Inc. • Services-prepackaged software

This Agreement is made as of the 17th day of May, 2006, between SoftBrands, Inc., a Delaware corporation (the “Company”) and Gregg Waldon (“Executive”).

SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • October 18th, 2011 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • Georgia

This Agreement is entered into as of July 27, 2011 (the “Effective Date”) between Asbury Automotive Group, Inc. (“Asbury”) and Scott Krenz (“Executive”), a key employee of Asbury, in order to provide for an agreed-upon compensation in the event that Executive’s employment is terminated following a Change in Control as defined in this agreement.

Severance pay agreement template
Severance Pay Agreement • December 1st, 2021

Although it is stressful to lose your job, finances are not as tight when your employer pays separation or severance pay. Sometimes the employer pays because it is company policy or it appreciates the dedication of a long-term employee. However, some states require payment to employees under certain circumstances. There is a difference between separation and severance pay and the reasons for receiving either of them. The U.S. government passed the Fair Labor Standards Act to protect employees in the workplace. Part of FLSA covers payment of wages. It does not require employers to make any type of severance or separation pay when terminating workers. Some states have addressed this issue, such as requiring severance pay when a factory is closing permanently, while others do not make demands on the employer. If you are having a problem, then contact your local employment board or legal aid society for an explanation of laws in your state. Voluntary termination occurs when you agree to le

AMENDMENT TO SEVERANCE PAY AGREEMENT
Severance Pay Agreement • March 15th, 2012 • Cyberoptics Corp • Optical instruments & lenses

WHEREAS, CyberOptics Corporation, a Minnesota Corporation (the “Company”) and Kathleen P. Iverson (“Executive”) have previously entered into a Severance Pay Agreement dated May 19, 2008 (the “Agreement”); and

WINDSTREAM - SEVERANCE PAY
Severance Pay Agreement • June 22nd, 2021

Current Bargaining Agreements - Local Article Voluntary Involuntary Grandfathered Carolina -Local 3683 and 3716 Article 10, Sec. 5 2 wk/yr 26 wk cap Yes Florida - Local 3174 Article 10 2 wk/yr 26 wk cap No Iowa - Local 7172 Article 14/16 2 wk/yr 34 wk cap 2 wk/yr 34 wk cap No Kentucky - Local 3371 and 3372 Article 18, Sec. 1C3 See Article No Mississippi - Local 3511 Article 20, Sec.5 See Article Nebraska Systems - Local 7470 Article 24, Sec 3 See Article Ohio (Elyria) - Local 4485 Article 24, Sec. 3 2 wk/yr 26 wk cap 2 wk/yr 26 wk cap No Ohio (Newark) - Local 4325 Pennsylvania (Brookville) - Local 13000 Article 35 2 wk/yr 26 wk cap No Pennsylvania (Kittanning) - Local 13000 Article 31 2 wk/yr 26 wk cap Yes (Exhibit C) Pennsylvania (Muncy-Lansford) - Local 13000 Article 29 2 wk/yr 26 wk cap Yes (Exhibit C) Pennsylvania (Ridgway) - Local 13000 Article 29 2 wk/yr 26 wk cap Yes (Exhibit C) Valor (Texas) - Local 6171 Article 28 See Article Western Reserve S

AMENDED AND RESTATED SEVERANCE PAY AGREEMENT
Severance Pay Agreement • November 7th, 2006 • Avici Systems Inc • Computer communications equipment • Massachusetts

This agreement is entered into by and between Avici Systems Inc. (the “Company”) and T.S. Ramesh (“you”) dated as of November 7, 2006 and amends and restates the Severance Pay Agreement by and between the Company and you.

AMENDMENT TO SEVERANCE PAY AGREEMENT
Severance Pay Agreement • December 29th, 2008 • Soapstone Networks Inc. • Services-prepackaged software • Massachusetts

WHEREAS, the Compensation Committee of the Board of Directors of the Company has authorized the amendment of such Agreement to comply with Section 409A of the Internal Revenue Code of 1986, as amended, and treasury regulations thereunder;

AMENDMENT TO SEVERANCE PAY AGREEMENT
Severance Pay Agreement • May 19th, 2009 • Cyberoptics Corp • Optical instruments & lenses

THIS AMENDMENT TO SEVERANCE PAY AGREEMENT is made and entered into this 18th day of May, 2009 by and between CyberOptics Corporation, a Minnesota corporation (the “Company”), and Jeffrey A. Bertelsen (“Executive”).

SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • July 28th, 2022 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • Georgia

This Agreement is entered into as of July 28, 2022 (the “Effective Date”) between Asbury Automotive Group, Inc. (“Asbury”) and Daniel Clara (“Executive”).

SEVERANCE PAY AGREEMENT
Severance Pay Agreement • March 10th, 2011 • Cyberoptics Corp • Optical instruments & lenses

This Agreement is made as of the first day of May, 2010, between CyberOptics Corporation, a Minnesota corporation (the “Company”) and Daniel Good (“Executive”).

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