0001193125-11-337982 Sample Contracts

SEVERANCE AGREEMENT AND RELEASE
Severance Agreement • December 12th, 2011 • Powell Industries Inc • Switchgear & switchboard apparatus • Delaware

This Severance Agreement and Release (the “Agreement”) is entered into by and between Patrick L. McDonald (“Executive”) and Powell Industries, Inc. on behalf of itself and each of its subsidiaries and affiliates (the “Company”) as follows: