severance agreement :

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severance agreement

  • n  an agreement on the terms on which an employee will leave
News & Articles

  • RTA Wants Answers On Former Metra CEO’s Severance Package
    The Regional Transportation Authority board has called Metra's chairman to appear at a special meeting July 10 to discuss the decision by the commuter rail agency's board to approval a controversial severance agreement with CEO Alex Clifford.
    July 3, 2013 - CBS Chicago
  • RTA calls Metra chairman to explain CEO severance
    The Regional Transportation Authority will hold the first public meeting into the controversial decision by Metra's board last month to approve a severance agreement that could pay the commuter rail agency's departed CEO as much as $740,000.        
    July 2, 2013 - Chicago Tribune

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