Termination of Employment Agreement Sample Contracts

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TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • August 4th, 2005 • Corvu Corp • Services-prepackaged software
CRIIMI MAE Inc. 11200 Rockville Pike, Suite 400 Rockville, MD 20852 August 26, 2003
Termination of Employment Agreement • September 5th, 2003 • Criimi Mae Inc • Real estate investment trusts • Maryland

Effective as of August 25, 2003, CRIIMI MAE Inc. (“CRIIMI”) and CRIIMI MAE Management, Inc. (“Management” and collectively with CRIIMI, the “Company”) and you agree that any and all previous employment, severance, service or similar agreements between CRIIMI and/or Management and you (whether written or oral) including, without limitation, your Employment Agreement, dated July 25, 2001, as amended, between CRIIMI and you (the “Employment Agreement”) shall be terminated and cease to have any effect, including without limitation, Section 6.5 of the Employment Agreement, notwithstanding any survival clauses therein. You acknowledge and agree that this letter agreement (the “Agreement”) provides adequate consideration for the termination of your Employment Agreement and this Agreement is the only document which sets forth your rights in consideration of such termination of the Employment Agreement. As consideration for the termination of the Employment Agreement and for other good consider

TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • October 13th, 2005 • Dotronix Inc • Miscellaneous manufacturing industries • Minnesota

This TERMINATION OF EMPLOYMENT AGREEMENT (the “Agreement”), dated September 12, 2005, is entered into by and between Dotronix, Inc. (Dotronix, Inc. and any successor entity are referred to herein as “Company”) and Robert V. Kling (“Employee”).

Re: Termination of Employment Agreement
Termination of Employment Agreement • July 25th, 2018 • FCB Financial Holdings, Inc. • National commercial banks

This letter (this “Letter”) memorializes our discussions regarding the Employment Agreement between Florida Community Bank, National Association, a subsidiary of FCB Financial Holdings, Inc. (the “Company”), and you, dated July 18, 2014 and amended as of December 6, 2016 and March 6, 2018 (the “Employment Agreement”). Terms that are capitalized but not defined herein shall have the meaning set forth in the Agreement and Plan of Merger dated as of July 23, 2018 (the “Merger Agreement”) among the Company, Synovus Financial Corp. (“Parent”) and Azalea Merger Sub Corp.

TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • September 2nd, 2009 • 1st Pacific Bancorp • State commercial banks • California

This Termination of Employment Agreement (this “Agreement”) is entered into as of , 2009 by and between [ ] (“Employee”), and 1st Pacific Bancorp, a California corporation (“Bancorp”) and 1st Pacific Bank of California, a California state bank (“Bank”) (collectively, Bancorp and Bank are referred to as the “Employer”) and made effective as of the Effective Time of the Merger (as these terms are defined below).

Termination of Employment Agreement
Termination of Employment Agreement • March 17th, 2008 • Ness Technologies Inc • Services-computer programming services

WHEREAS the Manager was employed by the Company pursuant to the terms of an Employment Agreement dated April 21, 2005 (hereinafter, the “Employment Agreement”); and

Re: Termination of Employment Agreement
Termination of Employment Agreement • October 3rd, 2007 • Regions Financial Corp • National commercial banks

The purpose of this AGREEMENT (the “Agreement”) is to set forth the mutual understanding between Regions Financial Corporation (the “Company”) and you in respect of the termination of the employment agreement, dated October 4, 1999, between you and AmSouth Bancorporation (“AmSouth”), as amended August 8, 2001, July 8, 2003 and April 23, 2004, and as modified by the May 24, 2006 letter from you to the Board of Directors of AmSouth (your employment agreement, as amended and modified, is referred to herein as your “Employment Agreement”).

Superior Energy Services, Inc. letterhead] December 10, 2010
Termination of Employment Agreement • December 16th, 2010 • Superior Energy Services Inc • Oil & gas field services, nec

This letter agreement sets forth our mutual understanding with respect to the termination of the Employment Agreement dated June 1, 2007 (the “Employment Agreement”), between Superior Energy Services, Inc. (the “Company”) and you, effective as of December 10, 2010 (the “Effective Date”). In consideration of the agreements set forth herein, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Company and you agree that:

Syniverse Corporation Tampa, FL 33647 August 26, 2014
Termination of Employment Agreement • November 12th, 2014 • Syniverse Holdings Inc • Communications services, nec • Florida

This Letter Agreement (the “Agreement”) sets forth the understanding by and between you and Syniverse Corporation, a Delaware corporation (the “Company”), regarding the termination of your employment with the Company and its affiliates.

TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • August 13th, 2013 • Arista Power, Inc. • Engines & turbines • New York

This AGREEMENT (the “Agreement”) is dated as of July 29, 2013 (the “Effective Date”) between ARISTA POWER, INC., a New York corporation (the “Company”), and Mr. Mark Matthews (the “Executive”).

October 15, 2002
Termination of Employment Agreement • November 19th, 2002 • Enchira Biotechnology Corp • Services-commercial physical & biological research

This letter (the “Letter”) will reflect our agreement relative to the termination of your employment agreement with Enchira Biotechnology Corporation (the “Company”) and outline a number of practical administrative issues resulting therefrom as well as the potential sale of certain assets of the Company to you.

February 27, 2015
Termination of Employment Agreement • March 2nd, 2015 • Western Refining, Inc. • Petroleum refining

This letter is written to confirm that effective as of February 27, 2015 (the “Effective Date”), you and Western Refining GP, LLC (“Western”) have mutually agreed to terminate that certain Employment Agreement (the “Agreement”), dated January 24, 2006, including any amendments, between you and Western. As of the Effective Date, neither party shall have any further rights, duties or obligations under the Agreement.

August 12, 2008 Mr. Jeffrey J. Kyle San Martin, CA 95046 Re: Termination of Employment - Agreement and Settlement of Waivable Claims Dear Jeff,
Termination of Employment Agreement • August 21st, 2008 • Power One Inc • Electronic components, nec • California

This letter agreement (the “Agreement”) presents the terms, conditions, understandings, and agreements reached between You and Power-One arising from the end of Your employment by Power-One.

AGREEMENT FOR TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • September 2nd, 2010 • Westwood One Inc /De/ • Services-amusement & recreation services

This Agreement for Termination of Employment Agreement is made and entered into this 27th day of August, 2010, by and between WESTWOOD ONE, INC., a Delaware corporation (“Company”), and NORMAN J. PATTIZ (“Employee”), with respect to the following facts:

TERMINATION OF EMPLOYMENT AGREEMENT AND WAIVER OF RIGHTS
Termination of Employment Agreement • August 19th, 2019 • Geospatial Corp • Services-business services, nec

This Agreement (“Agreement”) is entered into by and between Geospatial Corporation, a Nevada corporation (the “Company”), Mark Smith (“Smith”), and David Truitt (“Truitt”) and is effective as of June 6, 2019. The Company, Smith and Truitt shall collectively be referred to as the “Parties.”

Kforce Inc.
Termination of Employment Agreement • April 13th, 2004 • Kforce Inc • Services-help supply services • Delaware
TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • July 23rd, 2001 • Epicedge Inc • Services-computer integrated systems design

Agreement (the “Agreement”) made as of the 29th day of September 2000 by and between EpicEdge, Inc., a Texas corporation (the “Company”) and Charles H. Leaver, Jr. (the “Employee”).

TERMINIATION OF MPLOYMENT AGREEMENT
Termination of Employment Agreement • May 27th, 2008 • Aultra Gold Inc. • Metal mining • British Columbia

NOW THEREFORE in consideration of the premises and mutual covenants herein contained, the parties hereto agree as follows:

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December 31, 2007 Mr. Scott Weaver Western Refining, Inc. 123 W. Mills Ave., Suite 200 El Paso, TX 79901 Re: Termination of Employment Agreement Dear Scott:
Termination of Employment Agreement • February 29th, 2008 • Western Refining, Inc. • Petroleum refining

This letter is written to confirm that effective as of December 31, 2007 (the “Effective Date”), you and Western Refining GP, LLC (“Western”) have mutually agreed to terminate that certain Employment Agreement (the “Agreement”), dated January 24, 2006, between you and Western. As of the Effective Date, neither party shall have any further rights, duties or obligations under the Agreement.

TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • June 30th, 2014 • American Sands Energy Corp. • Crude petroleum & natural gas

Green River Resources, Inc. ("GRI") and Robin Gereluk hereby agree that the Amended and Restated Employment Agreement, dated March 31, 2011, is terminated and of no further force and effect as of May 31, 2014.

TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • August 13th, 2013 • Arista Power, Inc. • Engines & turbines • New York

This AGREEMENT (the “Agreement”) is dated as of July 29, 2013 (the “Effective Date”) between ARISTA POWER, INC., a New York corporation (the “Company”), and Mr. Adeeb Saba (the “Executive”).

Re: Termination of Employment Agreement
Termination of Employment Agreement • July 25th, 2018 • FCB Financial Holdings, Inc. • National commercial banks

This letter (this “Letter”) memorializes our discussions regarding the Employment Agreement between Florida Community Bank, National Association, a subsidiary of FCB Financial Holdings, Inc. (the “Company”), and you, dated July 18, 2014 and amended as of September 1, 2015, April 1, 2016, December 6, 2016 and March 6, 2018 (the “Employment Agreement”). Terms that are capitalized but not defined herein shall have the meaning set forth in the Agreement and Plan of Merger dated as of July 23, 2018 (the “Merger Agreement”) among the Company, Synovus Financial Corp. (“Parent”) and Azalea Merger Sub Corp.

AGREEMENT FOR TERMINATION OF EMPLOYMENT
Termination of Employment Agreement • June 2nd, 2010 • Waste Management Inc • Refuse systems

THIS AGREEMENT FOR TERMINATION OF EMPLOYMENT (“Agreement”) is between Waste Management, Inc. (the “Company”) and Lawrence O’Donnell, III (“Executive”).

TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • March 6th, 2020 • Saia Inc • Trucking (no local) • Delaware

This Termination of Employment Agreement (this “Agreement”) is entered into on March 5, 2020, effective April 28, 2020 (the “Effective Date”) by and between Richard D. O’Dell (“Executive”) and Saia, Inc., a Delaware corporation (the “Company”).

November 15, 2012 Document Security Systems, Inc.
Termination of Employment Agreement • November 16th, 2012 • Document Security Systems Inc • Services-computer integrated systems design
TERMINATION OF EMPLOYMENT AGREEMENT
Termination of Employment Agreement • August 19th, 2019 • Geospatial Corp • Services-business services, nec

This Termination of Employment Agreement (“Agreement”) is entered into as of July 18, 2019 by and between Geospatial Corporation, a Nevada corporation (the “Company”), and Thomas Oxenreiter (“Oxenreiter”), an employee of the Company who is currently serving as the CFO of the Company. The Company and Oxenreiter shall collectively be referred to as the “Parties.”

Termination of the employment relationship in Slovakia
Termination of Employment Agreement • June 14th, 2024
TERMINATION OF EMPLOYMENT AGREEMENT & FULL, FINAL AND ABSOLUTE MUTUAL RELEASE BETWEEN AMIH AND ALEJANDRO RODRIGUEZ
Termination of Employment Agreement • July 13th, 2022 • American International Holdings Corp. • Services-health services • Texas

FOR AND IN CONSIDERATION of the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by all Parties, the Parties agree, and covenant as follows. This Termination of Employment Agreement & Full, Final and Absolute Mutual Release (hereinafter the “Agreement”) is entered by and between American International Holdings Corporation, together with its Affiliates (hereinafter referred to as the “AMIH”) and you, former employee and contractor, Mr. Alejandro Rodriguez (hereinafter referred to as “Rodriguez”). Individually, each of these may be referred to as a “Party” or collectively as the “Parties”.

April 13, 2022 Benjamin Steiner
Termination of Employment Agreement • April 14th, 2022 • Steinway Musical Instruments Holdings, Inc. • Musical instruments • New York
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