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Agreement, Release and Waiver
Agreement, Release and Waiver (16K)
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AGREEMENT, RELEASE AND WAIVER
This Agreement, Release and Waiver (�Agreement�) is entered into by and between Eric P. Grubman (�Grubman�) and Constellation Energy Group, Inc. (�Company�).
1. In consideration of Grubman�s provision of certain waivers as set forth in this Agreement in connection with his voluntary resignation from employment with the Company effective December 1, 2001, the Company agrees to provide to Grubman (a) a $2,075,000 lump sum cash payment payable on or before the 8th day . . .
346006
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Constellation
As referenced in this Agreement, Release and Waiver:
Constellation Energy Group, Inc. – a2074027zex-10_s.htm EXHIBIT 10(S)
Exhibit 10(s)
AGREEMENT, RELEASE AND WAIVER
This Agreement, Release and Waiver (Agreement) is entered into by and between Eric P. Grubman (Grubman) and Constellation Energy Group, Inc. (Company).
1. In consideration of Grubmans provision of certain waivers as set forth in this Agreement in connection with his voluntary resignation from employment with the Company effective December
_____________
Constellation Energy Group, Inc. – least twenty-one (21) calendar days to consider this Agreement. Grubman further acknowledges that if this Agreement, signed by him, is not received by the Vice President of Human Resources, Constellation Energy Group, Inc. , 24th Floor, 250 West Pratt Street, Baltimore, Maryland 21201, on or before December 24, 2001, this Agreement is null and void and unenforceable by the parties, and Grubman will
_____________
Constellation Energy Group, Inc. – execution of this Agreement (as indicated in the last paragraph of this Agreement) he has the absolute right to revoke this
4
Agreement by notifying Vice President of Human Resources, Constellation Energy Group, Inc. , in writing on or before the expiration of the seven (7) day period.
16. This Agreement shall not become effective or enforceable until the aforesaid seven (7) calendar day
_____________
CONSTELLATION ENERGY GROUP,
INC. – this Agreement freely and voluntarily.
IN WITNESS WHEREOF, Eric P. Grubman does hereby execute this Agreement on this day of December, 2001.
(Seal)
Eric P. Grubman
Received and accepted by:
CONSTELLATION ENERGY GROUP,
INC.
By:
(Seal)
Name: Mayo A. Shattuck III
Title: President and Chief Executive Officer
5
Benefits
Health and dental benefit COBRA coverage.
Ability to convert employee life insurance coverage to
_____________
dt 1546368
;
Constellation
As referenced in this Agreement, Release and Waiver:
Constellation Energy Group, Inc. – a2074027zex-10_s.htm EXHIBIT 10(S)
Exhibit 10(s)
AGREEMENT, RELEASE AND WAIVER
This Agreement, Release and Waiver (Agreement) is entered into by and between Eric P. Grubman (Grubman) and Constellation Energy Group, Inc. (Company).
1. In consideration of Grubmans provision of certain waivers as set forth in this Agreement in connection with his voluntary resignation from employment with the Company effective December
_____________
Constellation Energy Group, Inc. – least twenty-one (21) calendar days to consider this Agreement. Grubman further acknowledges that if this Agreement, signed by him, is not received by the Vice President of Human Resources, Constellation Energy Group, Inc. , 24th Floor, 250 West Pratt Street, Baltimore, Maryland 21201, on or before December 24, 2001, this Agreement is null and void and unenforceable by the parties, and Grubman will
_____________
Constellation Energy Group, Inc. – execution of this Agreement (as indicated in the last paragraph of this Agreement) he has the absolute right to revoke this
4
Agreement by notifying Vice President of Human Resources, Constellation Energy Group, Inc. , in writing on or before the expiration of the seven (7) day period.
16. This Agreement shall not become effective or enforceable until the aforesaid seven (7) calendar day
_____________
CONSTELLATION ENERGY GROUP,
INC. – this Agreement freely and voluntarily.
IN WITNESS WHEREOF, Eric P. Grubman does hereby execute this Agreement on this day of December, 2001.
(Seal)
Eric P. Grubman
Received and accepted by:
CONSTELLATION ENERGY GROUP,
INC.
By:
(Seal)
Name: Mayo A. Shattuck III
Title: President and Chief Executive Officer
5
Benefits
Health and dental benefit COBRA coverage.
Ability to convert employee life insurance coverage to
_____________
dt 1311719
;
|
Constellation
As referenced in this Agreement, Release and Waiver:
Constellation Energy Group, – a2074027zex-10_s.htm EXHIBIT 10(S)
Exhibit 10(s)
AGREEMENT, RELEASE AND WAIVER
This Agreement, Release and Waiver (Agreement) is entered into by and between Eric P. Grubman (Grubman) and Constellation Energy Group, Inc. (Company).
1. In consideration of Grubmans provision of certain waivers as set forth in this Agreement in connection with his voluntary resignation from employment with the Company effective
_____________
Constellation Energy Group, – least twenty-one (21) calendar days to consider this Agreement. Grubman further acknowledges that if this Agreement, signed by him, is not received by the Vice President of Human Resources, Constellation Energy Group, Inc., 24th Floor, 250 West Pratt Street, Baltimore, Maryland 21201, on or before December 24, 2001, this Agreement is null and void and unenforceable by the parties, and Grubman
_____________
Constellation Energy Group, – execution of this Agreement (as indicated in the last paragraph of this Agreement) he has the absolute right to revoke this
4
Agreement by notifying Vice President of Human Resources, Constellation Energy Group, Inc., in writing on or before the expiration of the seven (7) day period.
16. This Agreement shall not become effective or enforceable until the aforesaid seven (7) calendar
_____________
CONSTELLATION ENERGY GROUP, – this Agreement freely and voluntarily.
IN WITNESS WHEREOF, Eric P. Grubman does hereby execute this Agreement on this day of December, 2001.
(Seal)
Eric P. Grubman
Received and accepted by:
CONSTELLATION ENERGY GROUP,
INC.
By:
(Seal)
Name: Mayo A. Shattuck III
Title: President and Chief Executive Officer
5
Benefits
Health and dental benefit COBRA coverage.
Ability to convert employee life insurance coverage
_____________
dt 1491288
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