EX-10.1
from 8-K
11 pages
Via Hand Delivery November 30, 2024 Personal and Confidential Karl Zimmer 3101 S. US-1 Ft. Pierce, Florida 34982 This Letter Follows Up Our Discussion Concerning Your Resignation of Your Position With Twin Vee PowerCats Co. (The “Company”). Capitalized Terms Used and Not Defined Herein Shall Have the Meanings Ascribed to Such Terms in Your Current Employment Agreement With the Company. in Recognition of Your Service and Dedication to the Company, the Company Is Proposing a Separation Agreement (The “Agreement”) as Follows: 1. Separation From Employment. on the Expressed Condition That You Sign and Return This Agreement by 4:00 Pm (Et) on December 5, 2024, and Do Not Subsequently Revoke Such Execution and Agreement, the Company Agrees to the Following Services and Compensation
12/34/56