In the event that the Executive does resign prior to June 30, 2022, upon direction of the Company as contemplated in this Section 1, the date of such resignation date shall become the Separation Date for the purposes of this Agreement.Ģ. Notwithstanding the foregoing, upon direction of the Company (A) the Executive shall resign from the position of Executive Vice President and Chief Operating Officer which may occur prior to the Separation Date, and (B) the Executive shall assist in the transition of the Executive’s duties provided in each case that, the Executive hereby waives any claims under the Severance Plan (as defined below) or otherwise that are based on good reason. Executive shall continue to serve as Executive Vice President and Chief Operating Officer in all respects until J(the “ Separation Date”), which will be the Executive’s last day of employment with the Company. NOW THEREFORE, in consideration of the covenants and mutual promises recited below, the parties agree as follows:ġ. WHEREAS, in furtherance of the foregoing, the Executive and the Company have negotiated and reached an agreement with respect to all rights, duties and obligations arising between them, including, but in no way limited to, any rights, duties and obligations that have arisen or might arise out of or are in any way related to the Executive’s continued employment with the Company and the conclusion of that employment. WHEREAS, the Executive and the Company mutually desire that the Executive continues in his current role, with the Executive’s current roles and responsibilities, except as otherwise provided herein, until the Separation Date defined below WHEREAS, the Executive and the Company have mutually agreed to provide for an orderly transition of the Executive’s duties and responsibilities, and the Executive desires to assist the Company in realizing such an orderly transition pursuant to the Second Amended and Restated Employment Agreement entered into by the Company and the Executive as of J(the “ Employment Agreement”) WHEREAS, the Executive is currently serving as an employee of the Company and the Executive Vice President and Chief Operating Officer of TriNet Group, Inc. THIS SEPARATION AGREEMENT (the “ Agreement”) is entered into as of Ma(the “ Effective Date”), by and among TriNet USA, Inc., a Delaware corporation (together with its affiliates, successors and assigns, the “ Company”), and Olivier H.
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