#100 Director-Level Layoff, Including Severance Package, Outplacement, and Appropriate Legal Release14
October 11, 2017
Gary Putnam17 S. Vanguard CourtSan Diego, CA 92108
On October 10, 2017, you were informed that ABC Financial (the “Company”) has made the decision to eliminate your position as Controller effective today. This letter sets forth in writing the terms and conditions of an agreement for an amicable separation of your employment (the “Agreement”), which includes payments and benefits to which you would not otherwise be entitled under company policy or applicable law.
Your separation from employment will be effective as of the close of business today. You are being paid your final paycheck today, which will include your ...