Retention and Severance Agreement Sample Contracts

EXHIBIT 10.70
Retention and Severance Agreement • November 4th, 2008 • United American Healthcare Corp • Insurance agents, brokers & service • Michigan
EX-10.4 9 dex104.htm RETENTION AND SEVERANCE AGREEMENT BETWEEN HOLOGIC INC AND JOHN W. CUMMING RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • May 5th, 2020 • Massachusetts

AGREEMENT entered into as of this 3rd day of May, 2006 (the “Effective Date”) by and between Hologic, Inc., a Delaware corporation with its principal place of business at 35 Crosby Drive, Bedford, Massachusetts 01730 (the “Company”) and John W. Cumming, an individual having his principal residence in Sudbury, Massachusetts (the “Executive”).

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • July 23rd, 2007 • 21st Century Insurance Group • Fire, marine & casualty insurance • California

RETENTION AND SEVERANCE AGREEMENT (this “Agreement”), dated as of May 14, 2007 by and between 21st Century Insurance Group, a Delaware corporation (the “Company”) and Allen Lew (the “Employee”).

BLYTH, INC. RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • August 11th, 2014 • Blyth Inc • Pharmaceutical preparations • Connecticut

THIS RETENTION AND SEVERANCE AGREEMENT (this “Agreement”), made and entered into as of August 11, 2014, by and between Blyth, Inc., a Delaware corporation (the “Company”), and Jane F. Casey, an individual residing at 49 Bay Drive Annapolis, MD 21403 (the “Executive”).

EXHIBIT 10.68
Retention and Severance Agreement • November 4th, 2008 • United American Healthcare Corp • Insurance agents, brokers & service • Michigan
EX-99.E.2 3 l94706aexv99wew2.htm EX-(E)(2) RET. & SEV. AGRMNT WITH H. KNICELY Exhibit (e)(2) TRW Inc. Executive Offices Philip A. Odeen Cleveland, OH 44124 Personal and Confidential May 6, 2002 Howard V. Knicely [address intentionally deleted] Dear...
Retention and Severance Agreement • May 5th, 2020 • Ohio

The purpose of this letter is to set forth the terms and conditions of the Retention and Severance Agreement that we are willing to provide to you as a result of TRW’s plan to spin-off the Automotive business.

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • March 16th, 2006 • Adesa Inc • Wholesale-motor vehicles & motor vehicle parts & supplies • Indiana

THIS AGREEMENT, dated September 7, 2004, is made by and between ADESA Corporation, an Indiana corporation (the "Company"), and George J. Lawrence (the "Executive").

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • April 21st, 2011 • LG&E & KU Energy LLC • Kentucky

THIS RETENTION AND SEVERANCE AGREEMENT (the “Agreement”) is dated as of October 29, 2010, by and between E.ON U.S. LLC, a Kentucky limited liability company (the “Company”), and Paul W. Thompson (“Executive”).

EX-10.1 2 d378116dex101.htm RETENTION AND SEVERANCE AGREEMENT RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • May 5th, 2020

RETENTION AND SEVERANCE AGREEMENT entered into this 10th day of July, 2012 (the “Agreement”) by and between Hologic, Inc., a Delaware corporation with its principal place of business at 35 Crosby Drive, Bedford, Massachusetts 01730 (the “Company”) and Carl W. Hull, an individual having his principal residence at 14125 Caminito Vistana, San Diego, California 92130 (the “Executive”).

AGREEMENT TO PARTICIPATE IN THE FACET BIOTECH CORPORATION RETENTION AND SEVERANCE PLAN
Retention and Severance Agreement • March 31st, 2009 • Facet Biotech Corp • Pharmaceutical preparations

In consideration of the benefits provided by the Facet Biotech Corporation Retention and Severance Plan (the “Plan”), the undersigned employee of Facet Biotech Corporation (the “Company”) and the Company agree that, as of the date written below, the undersigned shall become a Participant in the Plan and shall be fully bound by and subject to all of its provisions, subject to the modification of Section 4.1(b)(4) thereof, titled “Involuntary Termination Absent a Change in Control — Severance Benefits — Acceleration of Vesting of Equity Awards,” set forth in Appendix A attached hereto. All references to a “Participant” in the Plan shall be deemed to refer to the undersigned.

TRW Inc. Executive Offices 1900 Richmond Road Cleveland, OH 44124 Philip A. Odeen Chairman
Retention and Severance Agreement • May 31st, 2002 • TRW Inc • Motor vehicle parts & accessories

The purpose of this letter is to set forth the terms and conditions of the Retention and Severance Agreement that we are willing to provide to you as a result of TRW’s plan to spin-off the Automotive business.

EXHIBIT 10.10
Retention and Severance Agreement • March 30th, 2000 • Quebecor World Usa Inc • Commercial printing • Connecticut
CHIPPAC, INC. RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • July 30th, 2004 • Chippac Inc • Semiconductors & related devices

In recognition of your committed efforts as an employee of ChipPAC, Inc. (the “Company”), we are offering you the opportunity to receive a special retention payment in the amount set forth below (the “Retention Payment”) and a special severance payment in the amount set forth below (the “Severance Payment,” together with other benefits, the “Severance Benefits”) in connection with the closing (the “Closing”) of the transactions contemplated by the Agreement and Plan of Merger and Reorganization among ST Assembly Test Services Ltd, Camelot Merger, Inc. and ChipPAC, Inc. dated as of February 10, 2004. The Retention Benefits and Severance Benefits both will be fully subject to the terms of the ChipPAC, Inc. Employee Retention and Severance Plan (the “Plan”). Capitalized terms used and not otherwise defined herein have the meanings set forth in the Plan.

Dear : Alpharma Inc., (the "Company") recognizes you as a valuable member of its senior leadership team. As you know, the Company anticipates significant changes as a result of the impending sale of the Generics business to Actavis. In order to...
Retention and Severance Agreement • December 22nd, 2005 • Alpharma Inc • Pharmaceutical preparations

This Agreement will remain in effect until the third anniversary of the date hereof, and thereafter will remain in effect for a series of one-year periods unless either party shall give to the other written notice of expiration of this Agreement at least one year in advance of a subsequent renewal date. In any event this Agreement, if it has not expired when a "Qualifying Transaction," as defined below, occurs, shall remain in effect for two years after a Qualifying Transaction.

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • February 27th, 2013 • Dean Foods Co • Ice cream & frozen desserts • Texas

This RETENTION AND SEVERANCE AGREEMENT (this “Agreement”) is entered into as of November 20, 2012 by and between MORNINGSTAR FOODS, LLC, a limited liability company under the laws of the State of Delaware (the “Company”), and Kevin C. Yost (the “Employee”).

AMENDMENT TO RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • November 18th, 2013 • Blyth Inc • Pharmaceutical preparations

Amendment No. 1, dated as of November 14, 2013, to the Retention and Severance Agreement dated as of December 17, 2010 (the “Retention Agreement”), by and between Blyth, Inc., a Delaware corporation (together with its successors and assigns permitted under this Agreement, the “Company”), and Robert B. Goergen, Jr. (the “Executive”). Capitalized terms used herein that are not defined herein shall have the meanings ascribed thereto in the Retention Agreement.

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • April 18th, 2008 • Bimini Capital Management, Inc. • Real estate investment trusts • Florida

This Retention and Severance Agreement (this “Agreement”) is entered into this 18th day of April, 2008, between Bimini Capital Management, Inc. (the “Company”) and J. Christopher Clifton (the “Executive”) (collectively, the “Parties”).

AGREEMENT TO PARTICIPATE IN THE FACET BIOTECH CORPORATION RETENTION AND SEVERANCE PLAN
Retention and Severance Agreement • March 31st, 2009 • Facet Biotech Corp • Pharmaceutical preparations

In consideration of the benefits provided by the Facet Biotech Corporation Retention and Severance Plan (the “Plan”), the undersigned employee of Facet Biotech Corporation (the “Company”) and the Company agree that, as of the date written below, the undersigned shall become a Participant in the Plan and shall be fully bound by and subject to all of its provisions, subject to the modification of Section 6.1 thereof, titled “Federal Excise Tax Under Section 4999 of the Code,” set forth in Appendix A attached hereto. All references to a “Participant” in the Plan shall be deemed to refer to the undersigned.

BLYTH, INC. AMENDMENT TO RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • September 24th, 2015 • Blyth Inc • Miscellaneous manufacturing industries

This Amendment (this “Amendment”) to the Retention and Severance Agreement by and between Blyth, Inc., a Delaware corporation (together with its successors and assigns permitted under this Agreement, the “Company”) and Jane F. Casey (the “Executive”), dated as of August 11, 2014 (the “Retention Agreement”), is entered into as of September 22, 2015. Capitalized terms used herein that are not defined herein shall have the meanings ascribed thereto in the Retention Agreement.

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • May 10th, 2019 • Nii Holdings Inc • Radiotelephone communications • Virginia

This Retention and Severance Agreement (“Agreement”) is made by and between NII Holdings, Inc., a Delaware corporation ("NII"), and ___________ (hereinafter “Employee”) effective as of April 1, 2019. NII and Employee are collectively referred to as the “Parties” and individually as a “Party.”

AMENDMENT NO. 1 TO RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • August 9th, 2006 • Adesa Inc • Wholesale-motor vehicles & motor vehicle parts & supplies • Indiana

This Amendment No. 1, dated as of June 19, 2006, to Retention and Severance Agreement (this “Amendment”) is entered into between ADESA, Inc. (as successor to ADESA Corporation), a Delaware corporation (the “Company”), and Cameron C. Hitchcock (the “Executive”).

Retention and Severance Agreement for Marcus P. Bak [OM Group, Inc. Letterhead]
Retention and Severance Agreement • February 15th, 2007 • Om Group Inc • Secondary smelting & refining of nonferrous metals

As you know, OM Group, Inc. (“OMG”) has entered into an agreement to sell its Nickel business. You are a key member of the management team that will determine the ultimate success of any such transaction. OMG wants to encourage you to remain focused on the business of the Nickel division and to continue to do your very best in performing your responsibilities through the transaction date. We recognize that you have been, and will continue to be, called upon to participate in transaction-related activities over and above your regular, ongoing duties. To acknowledge these efforts, you will be eligible to receive a discretionary transaction payment (the “Retention Bonus”), to be paid to you if a sale of the Nickel division is consummated by July 1, 2007. The Retention Bonus does not preclude you from participating in any other means of compensation or benefit plans as a member of OMG’s management team. This letter agreement sets forth the terms and conditions of your Retention Bonus, incl

RETENTION AND SEVERANCE AGREEMENT AMONG LG&E ENERGY CORP. E.ON AG AND
Retention and Severance Agreement • March 25th, 2003 • Louisville Gas & Electric Co /Ky/ • Electric & other services combined

This Retention and Severance Agreement (“Agreement”) is made and entered into as of the day of [ April/May ], 2002 by and among (i) LG&E Energy Corp., a Kentucky corporation (“Company”), (ii) E.ON AG, an aktiengesellschaft formed under the Federal Republic of Germany (“Parent”), and (“Executive”).

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • April 18th, 2008 • Bimini Capital Management, Inc. • Real estate investment trusts • Florida

This Retention and Severance Agreement (this “Agreement”) is entered into this 18th day of April, 2008, between Bimini Capital Management, Inc. (the “Company”) and G. Hunter Haas, IV (the “Executive”) (collectively, the “Parties”).

RETENTION AND SEVERANCE AGREEMENT AMONG LG&E ENERGY CORP. E.ON AG AND [EXECUTIVE] [Date]
Retention and Severance Agreement • April 21st, 2011 • LG&E & KU Energy LLC • Kentucky

THIS RETENTION AND SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of the day of by and among (i) LG&E ENERGY CORP., a Kentucky corporation (“Company”), (ii) E.ON AG, an aktiengesellschaft formed under the Federal Republic of Germany (“Parent”), and (“Executive”).

RECITALS
Retention and Severance Agreement • March 29th, 1996 • Spectravision Inc • Cable & other pay television services • Texas
CHIPPAC, INC RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • May 10th, 2004 • Chippac Inc • Semiconductors & related devices

In recognition of your committed efforts as an employee of ChipPAC, Inc. (the “Company”), we are offering you the opportunity to receive a special retention payment in the amount set forth below (the “Retention Payment”) and a special severance payment in the amount set forth below (the “Severance Payment,” together with other benefits, the “Severance Benefits”) in connection with the closing (the “Closing”) of the transactions contemplated by the Agreement and Plan of Merger and Reorganization among ST Assembly Test Services Ltd, Camelot Merger, Inc. and ChipPAC, Inc. dated as of February 10, 2004. The Retention Benefits and Severance Benefits both will be fully subject to the terms of the ChipPAC, Inc. Employee Retention and Severance Plan (the “Plan”). Capitalized terms used and not otherwise defined herein have the meanings set forth in the Plan.

RETENTION AND SEVERANCE AGREEMENT
Retention and Severance Agreement • March 19th, 2008 • Telular Corp • Radio & tv broadcasting & communications equipment

This Agreement dated as of March 17, 2008 by and between Telular Corporation, a Delaware Corporation, (the “Company”), and Jonathan Charak, a resident of Illinois, (the “Executive”).

MPOWER COMMUNICATIONS CORP.
Retention and Severance Agreement • March 28th, 2003 • Mpower Holding Corp • Telephone communications (no radiotelephone) • New York