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Separation Agreement and Release

Category: 270 Legal Recent Posts, Employment Agreements, Release, Separation


Re: Separation Agreement and Release

Dear Ellen:

This letter constitutes the Separation Agreement and Release (the “Agreement”) between you and EFJohnson Company, and its parent, subsidiary and/or affiliated companies, (collectively referred to as the “Company”), and sets forth the terms of your transitional duties and separation from employment with the Company.

1. Separation Date. Today will be the last day of your employment with the Company (“Separation Date”). You acknowledge and agree that, except as provided herein, this Agreement terminates the Employment Agreement between you and the Company which was entered January 6, 2005 (the “Employment Agreement”), and satisfies all notice requirements under such Employment Agreement.
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