Transition Service and Separation Agreement Sample Contracts

Re: Transition Service and Separation Agreement (“Agreement”)
Transition Service and Separation Agreement • October 15th, 2020 • Trine Acquisition Corp. • Computer peripheral equipment, nec

This letter confirms that your employment with Desktop Metal, Inc. (the “Company”) will be ending. We appreciate your service and contributions and wish to make this transition as smooth as possible. The purpose of the Agreement is to establish an amicable arrangement for ending your employment relationship and to state the terms of your employment during the Transitional Services Period (defined below). For purposes of this Agreement, the actual last day of your employment shall be referred as the “Separation Date.” If you sign and return Agreement to Amy Buntel - amy@desktopmetal.com on or November 19, 2019, and allow it to become effective in accordance with the terms of Section 8(c), it shall become a binding agreement between you and the Company, and you will receive the separation benefits described herein. If you do not timely sign and return it, or if you revoke it, you will receive no payments or benefits from the Company after the Separation Date.

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