SUCCESSOR TRANSITION AGREEMENT AND RELEASE OF CLAIMSSuccessor Transition Agreement and Release of Claims • February 15th, 2023 • HF Sinclair Corp • Pipe lines (no natural gas)
This Successor Transition Agreement and Release of Claims (this “Agreement”) is between HF Sinclair Corporation, HollyFrontier Corporation and HollyFrontier Payroll Services, Inc., on behalf of themselves and their respective parents, subsidiaries, and affiliates (collectively the “Company”), and me, Michael C. Jennings. By signing this Agreement, I am agreeing to release all claims against the Company, and promising not to sue the Company in the future, all as described in more detail below. In exchange for my agreements and promises and the timely execution (and non-revocation) of the release of claims in the form set forth as Attachment B (the “Release”), which attachment is part of this Agreement, the Company has agreed to pay me Benefits (set forth on Attachment A) which I understand I would not receive unless I sign and do not timely revoke this Agreement. I acknowledge and agree to the following:
