Transition and Release Agreement Sample Contracts

Contract
Transition and Release Agreement • May 5th, 2020 • Illinois

EX-10.10 7 a10-qq1fy19exhibit1010.htm EXHIBIT 10.10 Exhibit 10.10 TRANSITION AND RELEASE AGREEMENT This Transition and Release Agreement (this “Agreement”), by and between CDK Global, Inc., a Delaware corporation (the “Company”), and Brian P. MacDonald (the “Executive”), is offered to the Executive as of November 5, 2018. The Executive shall have the opportunity to review and accept the terms of this Agreement as set forth in Section 4 below, which describes the terms on which this Agreement shall become effective. RECITALS A.The Executive is employed by the Company and is a party to an employment agreement with the Company dated December 11, 2015 (the “Employment Agreement”). B.The Executive serves the Company as its Chief Executive Officer and is a member of the Company’s Board of Directors (the “Board”). C.On the date on which the Company files its quarterly report on Form 10-Q for the period ended September 30, 2018 (the date of such filing, the “Transition Date”), the Executive sh

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TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • May 1st, 2024 • Amcor PLC • Miscellaneous manufacturing industries • Illinois

This Transition and Release Agreement (“Agreement”) is entered into as of March 16, 2024 (the “Effective Date”) and is by and between Ronald Stephen Delia (“Employee”) and Amcor plc (together with its subsidiaries and affiliates, including but not limited to Amcor Pty Ltd (formerly named Amcor Limited) and Amcor Rigid Plastics, Inc., “Company”). This agreement serves as an amendment to any relevant clauses included in Employee’s contract documents including without limitation the Offer of Employment by Amcor Limited to Employee dated 21 January 2015 (the “Offer Letter”) (together, the “Employment Documents”) that are addressed herein.

EX-10.1 2 d471669dex101.htm EX-10.1 TRANSITION AND RELEASE AGREEMENT ERIC SLUSSER
Transition and Release Agreement • May 5th, 2020 • Missouri
Re: Transition and Release Agreement
Transition and Release Agreement • February 28th, 2019 • Talend SA • Services-prepackaged software • California

This letter sets forth the terms of the transition and release agreement (the “Agreement”) upon which Talend, Inc. (the “Company”) and you have agreed.

PERSONAL AND CONFIDENTIAL Dr. Cadmus Rich Re: Transition and Release Agreement Dear Dr. Rich:
Transition and Release Agreement • November 9th, 2023 • Aura Biosciences, Inc. • Biological products, (no disgnostic substances) • Massachusetts

This letter confirms your resignation from employment with Aura Biosciences, Inc. (the “Company”), effective November 7, 2023. As you know, your employment relationship with the Company is governed by your offer letter with the Company dated October 6, 2017 (the “Offer Letter”). As specified in Section 13 of the Offer Letter, you have been employed “at-will,” meaning that you or the Company could end the employment relationship at any time and for any reason, subject to the terms of the Offer Letter.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • November 1st, 2021 • Rivian Automotive, Inc. / DE • Motor vehicles & passenger car bodies • Michigan
WOLVERINE WORLD WIDE INC. TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • August 8th, 2024 • Wolverine World Wide Inc /De/ • Footwear, (no rubber) • Michigan

This Transition and Release Agreement (the “Agreement”) is made by and among Wolverine World Wide, Inc., acting on behalf of itself and its affiliates, subsidiaries, and related companies (collectively, the “Company”) and Michael D. Stornant (the “Employee”).

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • January 29th, 2019 • Federal Home Loan Bank of Indianapolis • Federal & federally-sponsored credit agencies

This Transition and Release Agreement (“Agreement”) is between Mary M. Kleiman (“Kleiman" or “Employee”) and Federal Home Loan Bank of Indianapolis, its parent, subsidiary and affiliated companies or entities, all current and former officers, directors, employees, agents, attorneys and contractors for these companies, (herein collectively referred to as "FHLBI" or "Bank"). Kleiman and FHLBI are collectively referred to as the "Parties".

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • June 9th, 2021 • Cedar Fair L P • Services-miscellaneous amusement & recreation • Ohio

This TRANSITION AND RELEASE AGREEMENT (this “Agreement”) dated June 8, 2021 (the “Effective Date”), is made and entered into by and between Cedar Fair, L.P., a publicly traded Delaware limited partnership, Cedar Fair Management, Inc., an Ohio corporation (“Cedar Fair Management”), Magnum Management Corporation, an Ohio corporation (“Magnum”) and Duffield E. Milkie (the “Employee”).

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • January 10th, 2023 • Varex Imaging Corp • Electronic components, nec • California

This Transition and Release Agreement (“Agreement”) is made and entered into between Brian Giambattista (“Employee”) and Varex Imaging Corporation (“Varex” or the “Company”) (collectively the “Parties,” and one of the Parties a “Party”) on January 10, 2023 (the “Effective Date”).

TELIK, INC.
Transition and Release Agreement • August 6th, 2009 • Telik Inc • Pharmaceutical preparations • California

This letter sets forth the terms and conditions of the transition and release agreement (the “Agreement”) that Telik, Inc. (the “Company”) is offering to you.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • September 8th, 2006 • United Stationers Inc • Wholesale-paper & paper products • Illinois

This Transition and Release Agreement (this “Agreement”) is entered into as of the “Date of this Agreement” indicated above, by and among United Stationers Inc., a Delaware corporation (hereinafter, together with its successors, referred to as “Holding”), and United Stationers Supply Co., an Illinois corporation (hereinafter, together with its successors, referred to as the “Company,” and together with Holding, the “Companies”) on behalf of themselves, their predecessors, successors, parents, subsidiaries, divisions, assigns, affiliates and all of their present and former officers, trustees, directors, employees, agents, attorneys and representatives (collectively, the “Releasees”), and the individual whose name is set forth above, on behalf of herself and her agents, spouse, dependents, assignees, attorneys, executors, heirs and representatives (“Executive”), and is intended to set forth all the rights, duties, obligations and concessions of the parties. In consideration of the mutual

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • June 6th, 2012 • Freescale Semiconductor, Ltd. • Semiconductors & related devices • Texas

This TRANSITION AND RELEASE AGREEMENT (this “Agreement”) is entered into by and between Freescale Semiconductor, Ltd. (the “Company”), Freescale Holdings GP, Ltd. (“GP”), and Richard M. Beyer (“Executive”) dated as of the 6th day of June, 2012, and confirms the agreement that has been reached with the Executive in connection with his departure from the Company.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • July 24th, 2024 • Cadence Design Systems Inc • Services-prepackaged software • California

This Transition and Release Agreement (this “Agreement”) is entered into between Neil Zaman (“Executive”) and Cadence Design Systems, Inc. (“Cadence” or the “Company”). This Agreement is subject to the terms of the Cadence Design Systems, Inc. Executive Severance Plan (this “Plan”) except to the extent of any inconsistency, in which case the terms of this Agreement shall govern. Capitalized terms used herein that are not otherwise defined shall have the meanings set forth in the Plan.

Re: Transition and Release Agreement Dear Rob:
Transition and Release Agreement • February 7th, 2023 • Fresh Tracks Therapeutics, Inc. • Biological products, (no disgnostic substances)

This letter sets forth the substance of the Transition and Release Agreement (the “Agreement”) that Fresh Tracks Therapeutics, Inc., f/k/a Brickell Biotech, Inc., the parent of Brickell Sub (“Brickell Parent”) and Brickell Subsidiary, Inc., d/b/a Brickell Biotech, Inc. (“Brickell Sub” and, together with Brickell Parent, collectively the “Company”) and you have agreed to as you voluntarily transition from your employment as Chief Executive Officer of the Company. Except as expressly referenced herein, this Agreement supersedes and replaces all prior understandings and agreements, whether oral or written, regarding the terms and conditions of your employment with the Company, including but not limited to that certain Employment Agreement between you and the Company dated November 16, 2018 (“Employment Agreement”). Together, you and the Company may be referred to collectively as the “Parties” and the term “Party” may refer to either you or Company as the circumstances dictate.

VIA HAND DELIVERY November 5, 2012 Michael W. Zellner Re: Transition and Release Agreement Dear Mike:
Transition and Release Agreement • November 8th, 2012 • PMC Sierra Inc • Semiconductors & related devices

Thank you for agreeing to remain in the position of VP, Finance and Chief Financial Officer of PMC-Sierra, Inc. (“PMC” or the “Company”) beyond your original Separation Date of November 9, 2012.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • October 10th, 2002 • Cutter & Buck Inc • Men's & boys' furnishgs, work clothg, & allied garments • Washington

Successors and Assigns. This Note shall inure to the benefit of Holder and any successor or assignee of Holder. This Note shall be binding upon Maker and Maker's successors, assignees, personal representatives and heirs.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • May 15th, 2018 • Mri Interventions, Inc. • Surgical & medical instruments & apparatus • California

This Transition and Release Agreement (the “Agreement”) is made and entered into as of March 9, 2018 (the “Effective Date”) by and between MRI Interventions, Inc. a California corporation (the “Company”), and Wendelin Maners (“Executive”). The Company and Executive are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • August 14th, 2013 • Kid Brands, Inc • Miscellaneous manufacturing industries • New Jersey

This Transition and Release Agreement (the “Agreement”), dated as of May 28, 2013 between Kid Brands, Inc., a New Jersey corporation (the “Company”) and Guy A. Paglinco (the “Executive”), is entered into in connection with the Executive’s termination of employment.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • August 10th, 2022 • Cedar Fair L P • Services-miscellaneous amusement & recreation • Ohio

This TRANSITION AND RELEASE AGREEMENT (this “Agreement”) dated August 7, 2022 (the “Effective Date”), is made and entered into by and between Cedar Fair, L.P., a publicly traded Delaware limited partnership, Cedar Fair Management, Inc., an Ohio corporation (“Cedar Fair Management”), Magnum Management Corporation, an Ohio corporation (“Magnum”) and Craig Heckman (the “Employee”).

VIA HAND DELIVERY August 1, 2012 Michael W. Zellner Re: Transition and Release Agreement Dear Mike:
Transition and Release Agreement • August 9th, 2012 • PMC Sierra Inc • Semiconductors & related devices • California

Based on our discussions, we have agreed that your employment with PMC-Sierra will terminate effective November 9, 2012 (the “Separation Date”) and that you will support PMC-Sierra, Inc. (“PMC” or the “Company”) during a transition period. Once countersigned by you, this letter reflects our understanding of the terms and conditions of your transition and separation (this “Agreement”). You will not receive any of the separation payment and benefits described in this Agreement unless you sign and do not subsequently revoke this Agreement.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • February 24th, 2023 • Dorman Products, Inc. • Motor vehicle parts & accessories • Pennsylvania

This Transition and Release Agreement (this “Agreement”) is entered into as of the date set forth on the signature page below (the “Execution Date”), by and between Steven L. Berman (“you”) and Dorman Products, Inc. (the “Company”).

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Contract
Transition and Release Agreement • February 27th, 2024 • Zentalis Pharmaceuticals, Inc. • Pharmaceutical preparations • California
TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • May 3rd, 2024 • Hilltop Holdings Inc. • State commercial banks

This Transition and Release Agreement (this “Release”) is made and entered into as of May 1, 2024, between Hilltop Holdings Inc. and any of its parents, predecessors, successors, subsidiaries, affiliates or related companies, organizations, managers, officers, directors, executives, agents, plan fiduciaries, shareholders, attorneys and/or representatives (hereinafter referred to collectively as the “Company”) and Jerry L. Schaffner (“Executive”) (collectively, the “Parties”).

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • February 16th, 2024 • Cedar Fair L P • Services-miscellaneous amusement & recreation • Ohio

This TRANSITION AND RELEASE AGREEMENT (this “Agreement”) dated December 11, 2023 (the “Effective Date”), is made and entered into by and between Cedar Fair, L.P., a publicly traded Delaware limited partnership, Cedar Fair Management, Inc., an Ohio corporation (“Cedar Fair Management”), Magnum Management Corporation, an Ohio corporation (“Magnum”) and Kelley S. Ford (formerly Kelley S. Semmelroth) (the “Employee”).

Re: Transition and Release Agreement
Transition and Release Agreement • September 2nd, 2021 • Forian Inc. • Services-computer processing & data preparation

With our sincere thanks for your service, this letter (this “Agreement”) sets forth the terms of our mutual agreement regarding your transition and departure from the employ of Forian Inc. (including its subsidiaries, the “Company”) and your service as our Chief Financial Officer.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • February 3rd, 2016 • CDK Global, Inc. • Services-business services, nec • Illinois

This Transition and Release Agreement (this “Agreement”), by and between CDK Global, Inc., a Delaware corporation (the “Company”), and Steven J. Anenen (the “Executive”), is entered into as of February 2, 2016 (the “Effective Date”).

February 10, 2016 Robert Qutub RE: Transition and Release Agreement Dear Bob:
Transition and Release Agreement • February 26th, 2016 • MSCI Inc. • Services-business services, nec • New York

This letter sets forth the terms and conditions of our agreement concerning the change of your employment status with MSCI Inc. (the “Agreement”). For purposes of this Agreement and the attached Exhibit “A” (the “Exhibit ‘A’ Release”), “MSCI” shall include MSCI Inc. and any and all parents, subsidiaries, predecessors, successors and affiliate corporations, and its and their respective current and former directors, officers, employees, agents, managers, shareholders, successors, assigns, and other representatives.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • January 7th, 2021 • Zivo Bioscience, Inc. • Food and kindred products • Michigan

THIS TRANSITION AND RELEASE AGREEMENT (the “Release”) is made as of the 7th day of January, 2021 by and between ZIVO Bioscience Inc. (the “Company”), and Philip M. Rice II (the “Employee”) (in the aggregate, the “Parties”).

Transition and release AGREEMENT
Transition and Release Agreement • June 15th, 2010 • Rimage Corp • Computer peripheral equipment, nec • Minnesota

This TRANSITION AND RELEASE AGREEMENT (“Agreement”) is between Robert M. Wolf (“Executive” or “you”) and Rimage Corporation, for and on behalf of itself and its subsidiaries, affiliates, successors and assigns (collectively, the “Company”).

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • August 21st, 2007 • Westaff Inc • Services-help supply services • California

This Transition and Release Agreement (the “Agreement”) is entered into as of April 30, 2007, by and among Westaff Support, Inc., (the “Company”), Westaff, Inc. (“Parent”) and Patricia M. Newman (“Executive”) (collectively, the “Parties”).

Re: Transition and Release Agreement
Transition and Release Agreement • August 8th, 2016 • Rapid7, Inc. • Services-prepackaged software • Massachusetts

This letter sets forth the terms of the transition and release agreement (the “Agreement”) upon which Rapid7, Inc. (the “Company”) and you have agreed.

TRANSITION AND RELEASE AGREEMENT KEITH EBLING
Transition and Release Agreement • September 11th, 2015 • Express Scripts Holding Co. • Retail-drug stores and proprietary stores • Missouri
TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • May 9th, 2022 • Berkeley Lights, Inc. • Laboratory analytical instruments • California

This Transition and Release Agreement (the “Agreement”) is entered into by and between Kurt Wood (“Employee”) and Berkeley Lights, Inc. (the “Company”), dated as of March 8, 2022 (the “Agreement Date”) and effective as of the eighth (8th) day following the date on which Employee signs this Agreement if not revoked in accordance with Section 6(g) below (the “Effective Date”). The purpose of this Agreement is to provide separation pay to ease Employee’s transition related to the Company and to settle and resolve any and all disputes and controversies of any nature existing between Employee and the Company, including, but not limited to, any claims arising out of Employee’s employment with, and transition related to, the Company.

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • May 6th, 2016 • Realnetworks Inc • Services-computer programming services • Washington

THIS AGREEMENT sets forth the entire agreement between Michael Mulica (“You” or “Employee”) and RealNetworks, Inc. and its subsidiaries (“RN”, “Real” or “Company”) regarding the terms and conditions of your transition from employment to consultant, and shall be effective on the eighth day after you execute this Agreement (“Effective Date”).

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