Transition Agreement and General Release Sample Contracts

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Transition Agreement and General Release • May 5th, 2020 • Pennsylvania

EX-10.3 4 eqm9302016ex103.htm EXHIBIT 10.3 Exhibit 10.3 TRANSITION AGREEMENT AND GENERAL RELEASE This is a Transition Agreement and General Release ("Agreement” or "Employment Agreement") entered into between EQT Corporation ("EQT” or the "Company") and Theresa Z. Bone ("Employee"). WHEREAS, as the result of upcoming organizational changes recently communicated to Employee, Employee has informed EQT that she intends to resign from employment with EQT for "Good Reason" (as defined in Section 3 of the Amended and Restated Confidentiality, Non- Solicitation and Non-Competition Agreement dated July 29, 2015, a copy of which is attached hereto as Exhibit C (the "Non-Compete Agreement")); and WHEREAS, EQT agrees that Employee's resignation is for “Good Reason,” that Employee is not being terminated for “Cause,” and that Employee is “an employee in good standing with EQT Corporation” (as of the effective date of this Agreement) as these phrases in quotations set forth herein are used elsewher

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Contract
Transition Agreement and General Release • May 5th, 2020 • Tennessee

EX-10.1 2 g17622exv10w1.htm EX-10.1 Exhibit 10.1 TRANSITION AGREEMENT AND GENERAL RELEASE THIS TRANSITION AGREEMENT AND GENERAL RELEASE (this “Agreement”) is made and entered into this 12th day of February, 2009 (the “Termination Date”), by and between Gregory L. Burns (hereinafter referred to as “Mr. Burns”) and O’Charley’s Inc. and its subsidiaries, affiliates and related entities, with a principal office of 3038 Sidco Drive, Nashville, Tennessee 37204 (as more fully defined in Paragraph 2 below, “O’Charley’s”). WITNESSETH: WHEREAS, Mr. Burns is the Chairman of the Board, President and Chief Executive Officer of O’Charley’s Inc.; and WHEREAS, Mr. Burns has announced his intention to terminate his employment with O’Charley’s Inc. and its subsidiaries and related entities; and WHEREAS, the O’Charley’s Inc. Board of Directors (“Board”) desires to provide for a smooth and orderly transition of the Chief Executive Officer position and, to that end, has requested that Mr. Burns continue to

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • April 4th, 2006 • SRS Labs Inc • Semiconductors & related devices • California

This Transition Agreement and General Release (this “Agreement”) is hereby entered into by and between Janet M. Biski (the “Executive”) and SRS Labs, Inc. (the “Company”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • May 18th, 2005 • Aegis Communications Group Inc • Services-business services, nec • Texas

This Transition Agreement and General Release (“Agreement”) is made and entered into as of May 3, 2005 (the “Execution Date”), by and among Aegis Communications Group, Inc., a Delaware Corporation (the “Parent”), Advanced Telemarketing Corporation, a Nevada corporation (“ATC”), IQI, Inc., a New York corporation (“IQI”) (together, Parent, ATC, and IQI are referred to as the “Company”), and Richard Nelson Ferry (“Ferry” or “Employee”).

July 27, 2022 (revised as of 8/19/2022) PERSONAL AND CONFIDENTIAL Doug Jones Re:Transition Agreement and General Release Dear Doug:
Transition Agreement and General Release • September 7th, 2022 • MSC Industrial Direct Co Inc • Wholesale-industrial machinery & equipment • New York

This Transition Agreement and General Release (“Agreement”) sets forth the terms of your transition of role and separation of employment with MSC Industrial Direct Co., Inc. (the Company”).

Transition Agreement and General Release Dated as of July 14, 2017
Transition Agreement and General Release • August 4th, 2017 • Shutterstock, Inc. • Services-computer processing & data preparation • New York

When signed below in the places indicated, the following shall constitute an agreement (the “Agreement”) between you (“you” or “Employee”) and Shutterstock, Inc. (“Shutterstock” or “Company”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • March 16th, 2023 • Cambridge Bancorp • State commercial banks

This Transition Agreement and General Release (this “Agreement”) is being entered into by and between Cambridge Trust Company, a Massachusetts-chartered trust company (the “Company”), Cambridge Bancorp, a Massachusetts corporation (“Cambridge”), and Thomas J. Fontaine (“Employee”). The Company, Cambridge and Employee may hereafter be referred to individually as a “Party” or collectively as the “Parties.”

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • February 26th, 2024 • Unisys Corp • Services-computer integrated systems design
PLEASE READ CAREFULLY. THIS TRANSITION AGREEMENT AND GENERAL RELEASE INCLUDES A RELEASE OF KNOWN AND UNKNOWN CLAIMS. TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • November 21st, 2019 • PQ Group Holdings Inc. • Chemicals & allied products • Pennsylvania

This Transition Agreement and General Release (“Agreement”), is entered into by and between PQ Corporation (“Company”) and David J. Taylor (“Mr. Taylor”), his heirs, executors, administrators, successors, and assigns.

March 28, 2022
Transition Agreement and General Release • May 5th, 2022 • Latch, Inc. • Wholesale-hardware • New York

This letter confirms the agreement (“Agreement”) between you and Latch Systems, Inc. (f/k/a Latch, Inc.) and its affiliates, as applicable, (the “Company” or “Latch”) concerning the terms of your transition and separation from employment and offers you certain benefits, conditioned upon your provision of a general release of claims and covenant not to sue now and upon the Separation Date (defined below) as provided herein. If you agree to the terms outlined herein, please sign and return this Agreement to me in the timeframe outlined below.

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • January 10th, 2007 • Radian Group Inc • Surety insurance • Pennsylvania

THIS AGREEMENT, made and entered into on this 9th day of January, 2007, by and between Radian Group Inc. a Delaware corporation (hereinafter “Radian” or the “Company”), and Roy Kasmar (“Executive”), reads as follows:

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • June 29th, 2017 • Sturm Ruger & Co Inc • Ordnance & accessories, (no vehicles/guided missiles) • Arizona

This Transition Agreement and General Release (this “Agreement”) is entered into knowingly and voluntarily by and between Mark T. Lang (“Employee”) and Sturm, Ruger & Company, Inc. (the “Company”). Employee and the Company may be collectively referred to herein as “the Parties.”

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • November 9th, 2015 • Key Energy Services Inc • Oil & gas field services, nec • Texas

This Transition Agreement and General Release ("Agreement"), is entered into by and between Kim Clarke ("Executive") and Key Energy Services, Inc. on behalf of itself, its parents, subsidiaries, affiliates, successors, assigns, past or present directors, officers, fiduciaries, agents, trustees, administrators and employees (collectively "Company”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • August 8th, 2018 • Gogo Inc. • Communications services, nec • Illinois

This Transition Agreement and General Release (the “Agreement”), dated as of May 1, 2018 (the “Effective Date), is entered into by and between Gogo LLC (the “Company”), Gogo Inc. (“Parent”) and Anand K. Chari (the “Employee,” and together with the Company and Parent, each, individually, a “Party,” and collectively, the “Parties”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • November 13th, 2020 • Cisco Systems, Inc. • Computer communications equipment • California

This Agreement contains two separate signature pages, the first of which must be signed any time between November 11, 2020 and December 2, 2020, and the second of which should be signed on your Termination Date. To facilitate this process, you are being provided two original copies of the Agreement. Your first execution of the Agreement releases any potential claims you may have against Cisco and the other Releasees (as defined below) as of your signature date. Your second execution of the Agreement applies to all potential claims you may have against the Cisco and the other Releasees, including those occurring after your first execution of the Agreement and those in connection with the termination of your employment by Cisco without Cause (as defined in the Cisco Systems, Inc. 2005 Stock Incentive Plan). For clarity, you will only be eligible for the second execution of this Agreement in the event you execute this Agreement a first time and are terminated by Cisco without Cause before

Transition Agreement and General Release
Transition Agreement and General Release • March 16th, 2023 • Blend Labs, Inc. • Services-computer programming, data processing, etc.

This Transition Agreement and Release (the “Agreement”) sets forth the agreement between you and Blend Labs, Inc., Blend Insurance Agency, Inc., Blend Title Insurance Agency, Inc., Blend Operations, Inc. Blend Brokerage, Inc. dba Blend Realty, and Title365 Company (collectively, the “Company”) regarding your employment and the end of your employment with the Company. In consideration of the mutual covenants and promises contained in this Agreement, you and the Company hereby agree as follows:

THE USE OF THE FOLLOWING NOTATION IN THIS EXHIBIT INDICATES THAT THE CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION:...
Transition Agreement and General Release • February 27th, 2017 • Gogo Inc. • Communications services, nec

This Transition Agreement and General Release (the “Agreement”), dated December 22, 2016 (the “Effective Date), is entered into by and between Gogo LLC (the “Company”) and Norman Smagley (the “Employee”).

Transition Agreement and General Release of Lawrence Pernosky
Transition Agreement and General Release • November 8th, 2017 • Amedisys Inc • Services-home health care services • Tennessee

This Transition Agreement and General Release (this “Agreement”) is effective as of September 6, 2017 (the “Effective Date”), by and between Amedisys, Inc. (the “Company”) and Lawrence Pernosky (the “Executive”).

December 27, 2007 Mark Casale Radian Group Inc.
Transition Agreement and General Release • March 14th, 2008 • Radian Group Inc • Surety insurance
TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • October 31st, 2011 • Panera Bread Co • Retail-eating places • Missouri

This Transition Agreement and General Release (“Agreement”) is made by and between Panera, LLC (the "Company" or “Panera”), headquartered in Saint Louis, Missouri, and Cedric “Rick” Vanzura ("Mr. Vanzura") of Hingham, Massachusetts.

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • October 26th, 2023 • W.W. Grainger, Inc. • Wholesale-durable goods

This Transition Agreement and General Release ("Agreement") is made and entered into this 6th day of July 2023, by and between W.W. Grainger, Inc. ("Grainger") and John Howard (the "Officer''). The Officer understands and voluntarily enters into this Agreement with Grainger and, in consideration of the respective payments and benefit continuation described herein, agrees as follows:

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PLEASE READ CAREFULLY. THIS TRANSITION AGREEMENT AND GENERAL RELEASE INCLUDES A RELEASE OF KNOWN AND UNKNOWN CLAIMS. TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • December 3rd, 2019 • PQ Group Holdings Inc. • Chemicals & allied products • Pennsylvania

This Transition Agreement and General Release (“Agreement”), is entered into by and between PQ Corporation (“Company”) and Paul J. Ferrall, Jr. (“Mr. Ferrall”), his heirs, executors, administrators, successors, and assigns (collectively, the Company and Mr. Ferrall will be referred to as the “Parties”).

TRANSITION AGREEMENT AND GENERAL RELEASE This Transition Agreement and General Release (“Agreement”), effective as of the Effective Date described in Section 11 below, is made and entered into by and between Washington Real Estate Investment Trust...
Transition Agreement and General Release • November 10th, 2008 • Washington Real Estate Investment Trust • Real estate investment trusts • Maryland

WHEREAS, the Parties desire to transition Executive’s duties as smoothly as possible and to resolve all matters between them on a full and final basis;

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • October 21st, 2008 • Radian Group Inc • Surety insurance • Pennsylvania

THIS TRANSITION AGREEMENT AND GENERAL RELEASE (“Agreement”), made and entered into as of this 15th day of October, 2008 (“Effective Date”), by and between Radian Group Inc. a Delaware corporation (“Radian”), Radian Asset Assurance Inc., a New York corporation and subsidiary of Radian (“RAA”) (Radian and RAA are collectively referred to as the “Company”), and Stephen D. Cooke (“Executive”), reads as follows:

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • March 16th, 2023 • Cambridge Bancorp • State commercial banks

This Transition Agreement and General Release (this “Agreement”) is being entered into by and between Cambridge Trust Company, a Massachusetts-chartered trust company (the “Company”), Cambridge Bancorp, a Massachusetts corporation (“Cambridge”), and Jennifer A. Pline (“Employee”). The Company, Cambridge and Employee may hereafter be referred to individually as a “Party” or collectively as the “Parties.”

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • December 18th, 2007 • International Fight League, Inc. • Services-amusement & recreation services • New York

Transition Agreement and General Release (this “Agreement”) made as of December 17, 2007, by and between International Fight League, Inc., with offices located at 424 West 33rd Street, Suite 650, New York, New York 10001 (the “Company”), and Gareb Shamus, who is domiciled at 24 North Brae Court, Tenafly, New Jersey 07670 (“Executive”; and each of the Company and the Executive, a “Party”, and collectively, the “Parties”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • November 8th, 2022 • SSR Mining Inc. • Mineral royalty traders • Colorado

This Transition Agreement (this “Agreement”) is made effective as of August 1, 2022 (the “Effective Date”) and sets forth the terms and conditions of the separation of Stewart Beckman (“Employee”) from SSR Mining Inc. (“SSR Mining”), together with its wholly owned subsidiary, SSR Management Inc., a Colorado corporation (“SSR Management”) (collectively, SSR Mining and SSR Management are referred to herein as the “Company”).

August 31, 2021 PERSONAL AND CONFIDENTIAL Steve Armstrong Re: Transition Agreement and General Release Dear Steve:
Transition Agreement and General Release • September 3rd, 2021 • MSC Industrial Direct Co Inc • Wholesale-industrial machinery & equipment • New York

This Transition Agreement and General Release (“Agreement”) sets forth the terms of your transition of role and separation of employment with MSC Industrial Direct Co., Inc. (the Company”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • November 6th, 2013 • NewStar Financial, Inc. • Finance lessors • Massachusetts

This Transition Agreement and General Release (“Agreement”) is made by and between NewStar Financial, Inc., on behalf of itself and all of its predecessors, successors and affiliated entities (collectively, “NewStar”), and Robert T. Clemmens, on behalf of himself, his executors, heirs, administrators, agents, attorneys, administrators, beneficiaries and assigns (collectively, “Clemmens”). In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, NewStar and Clemmens agree as follows:

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • April 8th, 2020 • Acelrx Pharmaceuticals Inc • Pharmaceutical preparations • California

This Transition Agreement and General Release (this “Agreement”) is hereby entered into by and between Lawrence Hamel, an individual (the “Employee”), and AcelRx Pharmaceuticals, Inc., on behalf of itself and all of its affiliated entities (collectively, the “Company”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • April 2nd, 2020 • Opgen Inc • Services-medical laboratories • Maryland

This Transition Agreement and General Release (the “Agreement”), dated as of April 1, 2020, is between Evan Jones (hereinafter referred to as “Executive”) and OpGen, Inc., a Delaware corporation (the “Company”). In consideration of the mutual promises and commitments made in this Agreement, and intending to be legally bound, Executive, on the one hand, and the Company on the other hand, agree to the terms set forth in this Agreement.

THE USE OF THE FOLLOWING NOTATION IN THIS EXHIBIT INDICATES THAT THE CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION:...
Transition Agreement and General Release • February 27th, 2017 • Gogo Inc. • Communications services, nec

This Transition Agreement and General Release (the “Agreement”), dated December 21, 2016 (the “Effective Date), is entered into by and between Gogo LLC (the “Company”) and Ash ElDifrawi (the “Employee”).

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • February 14th, 2019 • Equitrans Midstream Corp • Natural gas transmission • Pennsylvania

This Transition Agreement and General Release ("Agreement") is entered into between Equitrans Midstream Corporation, including its subsidiaries and affiliates ("ETRN" or the "Company"), and Charlene Petrelli ("Employee").

TRANSITION AGREEMENT AND GENERAL RELEASE
Transition Agreement and General Release • February 13th, 2023 • EQT Corp • Crude petroleum & natural gas • Pennsylvania

This TRANSITION AGREEMENT AND GENERAL RELEASE (this “Agreement”), is entered into between EQT Corporation, a Pennsylvania corporation (together with its subsidiaries and affiliates, “EQT” or the “Company”) and David Khani (“Employee”).

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