Transition and Severance Agreement Sample Contracts

RECITALS
Transition and Severance Agreement • August 18th, 2006 • Metropolitan Health Networks Inc • Services-offices & clinics of doctors of medicine • Florida
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Transition and Severance Agreement
Transition and Severance Agreement • December 21st, 2007 • Activant Solutions Inc /De/ • Services-computer integrated systems design

Greg Petersen (“Petersen”) and LONE STAR MERGER CORP. (“Company”) agree as follows for terms of employment to be effective immediately, without any further action required by either party, upon the closing of the merger transaction between ACTIVANT SOLUTIONS HOLDINGS and Lone Star Merger Corp.

AMENDED AND RESTATED TRANSITION AND SEVERANCE AGREEMENT AND RELEASE OF ALL LIABILITY
Transition and Severance Agreement • October 26th, 2023 • Masco Corp /De/ • Heating equip, except elec & warm air; & plumbing fixtures • Michigan

The Transition and Severance Agreement and Release of All Liability (“Agreement”) made as of October 3, 2023 is hereby amended and restated as of October 25, 2023 (the “Agreement Date”) between David A. Chaika (“Employee”) and Masco Corporation, with a business address of 17450 College Parkway, Livonia, MI 48152 (“Masco”).

transition and severance agreement
Transition and Severance Agreement • September 5th, 2024 • XWELL, Inc. • Services-personal services • New York

This Transition and Severance Agreement (“Agreement”) is made and entered into by and between XWELL, Inc., a Delaware corporation (f/k/a XpresSpa Group, Inc., a Delaware corporation) (the “Company”), and Scott R. Milford (the “Executive”), effective as of September 4, 2024 (the “Effective Date”). The Company and the Executive are referred to herein individually as a “Party” and collectively as the “Parties.”

TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • June 28th, 2024 • Mister Car Wash, Inc. • Services-automotive repair, services & parking

This Transition and Severance Agreement (this “Agreement”) is by and between MAYRA CHIMIENTI (“Executive”) and MISTER CAR WASH, INC. (“MCW” or the “Company”) and is entered into as of June 21, 2024 (the “Effective Date”). Executive and the Company will be collectively referred to as the “Parties.” The terms and conditions of Exhibit A, which is considered a material part of this Agreement, are explicitly included and incorporated by reference.

Re: Transition and Severance Agreement
Transition and Severance Agreement • April 2nd, 2010 • Conagra Foods Inc /De/ • Food and kindred products • Delaware

This transition and severance agreement (“Agreement”) confirms our discussions regarding your transition period and departure from the company, which transition began October 30, 2009, and will continue through December 31, 2009 (“Transition Period”). You ceased being an Executive Officer as of October 30, 2009, and your last day of employment with ConAgra Foods, Inc. is expected to be December 31, 2009. Your termination date will be the earlier of (i) the time your employment with ConAgra Foods terminates, whether voluntary or involuntary, or (ii) December 31, 2009 (“Termination Date”). To accept this Agreement, you must execute it on December 31, 2009, at which time this Agreement will become effective (the “Effective Date”), unless you revoke the Agreement within the Revocation Period described below, in which case the Agreement will not be effective and you will not receive the consideration offered herein.

AMENDED AND RESTATED TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • November 9th, 2007 • Sepracor Inc /De/ • Pharmaceutical preparations • Massachusetts

This Amended and Restated Transition and Severance Agreement (the “Agreement”) is entered into as of September 7, 2007 (the “Effective Date”), by and between Sepracor Inc. (“Sepracor” or the “Company”) and W. James O’Shea (“O’Shea”) (individually, a “Party,” and collectively, the “Parties”) and amends and restates the Transition and Severance Agreement between the Parties entered into as of March 1, 2007.

TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • May 10th, 2007 • Sepracor Inc /De/ • Pharmaceutical preparations • Massachusetts

This Transition and Severance Agreement (the “Agreement”) is entered into as of March 1, 2007 (the “Effective Date”), by and between Sepracor Inc. (“Sepracor” or the “Company”) and W. James O’Shea (“O’Shea”) (individually, a “Party,” and collectively, the “Parties”).

TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • March 1st, 2012 • American Equity Investment Life Holding Co • Life insurance • Iowa

TRANSITION AND SEVERANCE AGREEMENT (this “Agreement”) made and entered into by and between American Equity Investment Life Insurance Company (the “Company”) and James M. Gerlach (the “Executive”), dated February 20, 2012 (the “Effective Date”).

NUANCE COMMUNICATIONS, INC. TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • September 7th, 2016 • Nuance Communications, Inc. • Services-prepackaged software • Massachusetts

This Transition and Severance Agreement (“Agreement”) is entered into by and between Earl H. Devanny, III (“Executive”) and Nuance Communications, Inc. (“Company”) (collectively referred to herein as the “Parties”), effective as of the latest date set forth on the signature page(s) hereto (the “Effective Date”).

TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • August 16th, 2004 • Meta Group Inc • Services-engineering, accounting, research, management • Connecticut

This Transition and Severance Agreement (the “Agreement) is hereby entered into by and between Alfred J. Amoroso and META Group, Inc. (the “Company”), for good and sufficient consideration as more fully described below.

TRANSITION AND SEVERANCE AGREEMENT
Transition and Severance Agreement • June 20th, 2006 • Sirona Dental Systems, Inc. • X-ray apparatus & tubes & related irradiation apparatus

THIS AGREEMENT is made and entered into as of the 14th day of June, 2006 by and between Schick Technologies, Inc., a corporation incorporated under the laws of the State of Delaware (the “Company”), and Zvi Raskin (“Employee”).

Transition And Severance Agreement
Transition and Severance Agreement • November 9th, 2007 • Curagen Corp • Services-commercial physical & biological research • Connecticut

This Transition Agreement made as of this 19th day of September 2007 by and between CuraGen Corporation (“CuraGen” or “Company”) and Frank M. Armstrong, MD (“Dr. Armstrong”).

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