SEVERANCE/RETENTION AGREEMENT AND GENERAL RELEASE BETWEEN E. W. BLANCH HOLDINGS, INC. AND KAJ AHLMANNSeverance/Retention Agreement • April 2nd, 2001 • Blanch E W Holdings Inc • Insurance carriers, nec
Contract Type FiledApril 2nd, 2001 Company IndustryThis offer of retention and severance benefits is being presented to you as an employee of E. W. Blanch Holdings, Inc., and its subsidiaries, affiliates and related entities ("EWB"), in conjunction with the termination of your employment. To receive the retention/severance package you must agree to the following by signing this Retention Agreement and General Release on the last page effective on your last day of employment with EWB. You and EWB agree that the last day of your employment shall be March 31, 2001. You must remain employed by EWB until March 31, 2001 to receive this retention/severance package. EWB agrees to employ you through that date, unless there are grounds for termination for cause. EWB also agrees not to withdraw this offer of severance benefits prior to March 31, 2001.