Document:

exv10w36

 

EXHIBIT 10.36

EMPLOYMENT SEPARATION AGREEMENT BETWEEN PYRAMID BREWERIES

INC. AND PATRICK COLL

This agreement (the “Employment Separation Agreement”) between you, Patrick Coll, and us, Pyramid
Breweries, Inc. (“Pyramid”), is dated for reference purposes March 5, 2008, which is the date we
delivered it to you for your consideration.

	 	1.	 	Your full-time employment by us is terminated effective March 7, 2008 (the
“Separation Date”).
	 
	 	2.	 	You will be paid: (a) your regular salary and car allowance, less authorized
deductions and withholdings, through the Separation Date; (b) the cash value of your
current, accrued but unused vacation; (c) a pro rata share of the 2008 gain sharing
award for which you are eligible through the Separation Date when or if it is awarded;
and (d) your normal salary, less authorized deductions and withholdings, from the
Separation Date through September 7, 2008, which represents a period of six months.
Any sick leave you have accrued will be forfeited on the Separation Date. You
understand and agree that you have no right to receive any further payments for salary,
bonuses, profit sharing or any other form of compensation or incentive compensation.
Payments under 2 (d) will not begin until you have returned all Pyramid property,
executed this Employment Separation Agreement and the revocation period set forth at
paragraph 14 has expired.
	 
	 	3.	 	Your participation in all Pyramid health/dental plans ends on September 30,
2008 per the terms of your Termination Clause. After that date continuation coverage
of health/dental insurance will be made available to you and your dependents, at your
expense, to the extent required by federal law. Your rights under any retirement
benefit plans in which you may have participated will be determined in accordance with
the written plan documents governing those plans.
	 
	 	4.	 	You will be paid your 2007 personal performance bonus awards for which you are
eligible for under the 2007 Officer Incentive Compensation Plan in the year of
termination upon approval of the Compensation Committee.
	 
	 	5.	 	You will be granted a pro rata share through March 7, 2008 (your termination
date) for any stock awards or stock units as set forth in the letter dated April 26,
2006 re: Revision in Officer Compensation and Termination Provisions.
	 
	 	6.	 	All telephone reference checks and verifications of your prior employment must
be directed to Human Resources. In response to any such inquiries, Human Resources
will only disclose information consistent with the letter and spirit of the letter of
recommendation.

 

 

	 	7.	 	In consideration for the payments and other promises described at paragraphs 1,
2, 3 and 4, you hereby release us from any and all claims of any kind, known or
unknown, that arose on or before the date you signed this Employment Separation
Agreement. The claims that you are releasing include, but are not limited to, all
claims related to or arising out of your employment by Pyramid and/or the separation of
that employment. You specifically understand that you are waiving any rights or claims
that you may have under any federal, state or local law, including without limitation
the Fair Employment & Housing Act (FEHA), Cal. Gov. Code § 12900 et seq; the California
Family Rights Act of 1991 (CFRA), as amended 1993, Cal. Gov. Code 12945.2; the Unruh
Civil Rights Act, Cal. Civ. Code § 51, et seq.; the Ralph Civil Rights Act, Cal. Civ.
Code § 51.7; the Bane Civil Rights Act, Cal. Civ. Code § 52.1; the California Labor
Code, including without limitation §§ 96, 98, 200 — 235, 500-554, 1102.1, and 1171 —
1205; the Civil Rights Act of 1964 (including Title VII of that Act); the Americans
with Disabilities Act; and the Age Discrimination in Employment Act of 1967. You
understand that the claims you are releasing include any claims for discrimination on
the basis of age under federal, state or local law. The release you are giving
releases not only all claims you may have against Pyramid, but also all claims you may
have against Pyramid’s past and present shareholders, officers, directors, agents,
employees, representatives, attorneys, parents, subsidiaries, affiliates, benefit
plans, predecessors, successors, transferees and assigns. You agree never to assert
any of these claims in any lawsuit or arbitration and you represent and warrant that
you have not already done so. You understand that you are releasing potentially
unknown claims, and that you may have limited knowledge with respect to some of the
claims being released. You agree that this release is fairly and knowingly made. You
assume the risk of mistake in entering into this Employment Separation Agreement.
	 
	 	8.	 	You represent that you are not aware of any claim other than the claims that
are released by this Agreement. You acknowledge that you have had the opportunity to
be advised by legal counsel and are familiar with the provisions of California Civil
Code Section 1542, which provides as follows:
	 
	 	 	 	A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW
OR SUSPECT TO EXIST IN HIS
FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE
MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTORS.
	 
	 	9.	 	You represent and warrant that upon the Separation Date or our request,
whichever is earlier, you will return all keys, credit cards, documents and other
material that belong to us. You further agree neither during this agreement or at any
time thereafter will you disparage us or our business or services. You also agree that
following the Separation Date, you will not, apart from good faith competition,
interfere with our relationships with our customers, potential customers, employees,
vendors, bankers or others.

 

 

	 	10.	 	You agree that information not generally known to the public to which you have
been exposed as a result of being employed by us is confidential information that
belongs to us. You agree that at all times you will hold Pyramid’s confidential
information in strict confidence, and not disclose or use it except as authorized by us
and for our benefit.
	 
	 	11.	 	You acknowledge that with the payments and other promises set forth at
paragraphs 2 and 3 above, Pyramid has fully and forever satisfied, in fact exceeded,
all obligations owed to you under the Employment Agreement. You acknowledge that,
effective March 7, 2008, you are no longer authorized to incur expenses on the
Pyramid’s behalf.
	 
	 	12.	 	This Employment Separation Agreement does not constitute and may not be
construed as an admission of liability on the part of Pyramid or of any persons or
entities relating in any way to Pyramid or an admission of any violation of any
applicable law or regulation. You and we have entered into this Employment Separation
Agreement solely to facilitate the cessation of their prior employment relationship.
	 
	 	13.	 	You agree to keep the terms of this Employment Separation Agreement
confidential. You agree that except as otherwise required by law, you shall not
disclose to any third party, except your legal counsel, accountants and tax advisors,
any of the terms of this Employment Separation Agreement. You represent and warrant
that you have not already done so.
	 
	 	14.	 	You have 21 days to consider this Employment Separation Agreement before
signing it. You may use as much or as little of this 21-day period as you wish before
signing. The 21-day period expires (DATE) at 5:00 p.m. (the “Expiration Date.”) You
have seven calendar days after signing this Employment Separation
Agreement to revoke it. Revocation may be made by delivering a written notice of
revocation to Sylvia Washington, Pyramid Breweries 91 S. Royal Brougham, Seattle, WA
981347. If you have not signed and returned this agreement by the Expiration Date
or you timely revoke it after signing, your employment nevertheless will remain
terminated effective the Separation Date and you will only be paid your accrued
vacation, compensation and car allowance, less authorized deductions and
withholdings, earned through the Separation Date. You also will not receive the
benefits identified at paragraph 3.
	 
	 	15.	 	This Employment Separation Agreement is governed by the internal laws of the
State of Washington without giving effect to provisions thereof related to choice of
laws or conflict of laws. Venue and jurisdiction of any legal proceeding of any kind,
including arbitration and civil litigation, involving this Employment Separation
Agreement or your employment shall exist exclusively in state and federal courts
located in King County, Washington, unless injunctive relief is sought by Pyramid and,
in our sole judgment, may not be effective unless obtained in some other venue. In any
dispute involving this Employment Separation Agreement, the party who substantially
prevails shall be entitled to

 

 

	 	 	 	recover reasonable attorneys’ fees, costs and
disbursements from the other party. This Employment Separation Agreement, together
with the provisions of the Employment Agreement referenced at paragraph 10, is the
final and complete expression of all agreements between us on all subjects. You
acknowledge that you have had adequate time to review and consider this agreement and
consult with counsel. You acknowledge you are not signing this agreement relying on
anything not set out here.

THE PARTIES HAVE CAREFULLY READ THIS AGREEMENT, HAVE EXECUTED IT OF THEIR OWN FREE WILL AND HAVE
HAD THE OPPORTUNITY TO CONSULT WITH ATTORNEYS OF THEIR CHOICE WITH RESPECT TO ITS TERMS.

	 	 	 
	AGREED BY EMPLOYER:

	 	AGREED BY EMPLOYEE:
	 
	 	 
	/s/ Scott S. Barnum

	 	/s/ Patrick Coll
	 

	 	 
	Scott Barnum

	 	Patrick Coll
	Chief Executive Officer

	 	Date: March 5, 2008
	Date: March 5, 2008exv10wxjy3

 

	 	 	 	 	 

Exhibit 10(j)-3

INDEMNIFICATION AGREEMENT

     THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made and entered into on                     ,
2008, by and between EnergySouth, Inc., a Delaware corporation (the “Corporation”), and
               , an officer and/or member of the Board of Directors of the Corporation
(“Indemnitee”).

     WHEREAS, the Corporation heretofore entered into an indemnification agreement with each of its
officers and directors providing for certain indemnification rights under the laws of the State of
Alabama (the “Alabama Indemnification Agreement”); and

     WHEREAS, on February 1, 2007, the Corporation completed its redomestication in the State of
Delaware; and

     WHEREAS, the Corporation and the Indemnitee desire to enter into this Agreement, which
provides for certain indemnification rights under the laws of the State of Delaware; and

     WHEREAS, this Agreement supersedes the Alabama Indemnification Agreement as hereinafter
provided.

     NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties agree
as follows:

     1. Indemnification.

     (a) Indemnitee shall be indemnified and held harmless by the Corporation to the fullest
extent permitted by its Certificate of Incorporation, By-Laws and the General Corporation
Law of the State of Delaware, as the same exists or may hereafter be amended, against all
expenses, liability and loss (including attorneys’ fees, judgments, fines, and amounts paid
or to be paid in any settlement approved in advance by the Corporation, such approval not to
be unreasonably withheld) (collectively, “Indemnifiable Expenses”) actually and reasonably
incurred or suffered by Indemnitee in connection with any present or future threatened,
pending or contemplated investigation, claim, action, suit or proceeding, whether civil,
criminal, administrative or investigative (collectively, “Indemnifiable Litigation”), (i) to
which Indemnitee is or was a party or is threatened to be made a party by reason of any
action or inaction in Indemnitee’s capacity as a director or officer of the Corporation, or
(ii) with respect to which Indemnitee is otherwise involved by reason of the fact that
Indemnitee is or was serving as a director, officer, employee or agent of the Corporation,
or of any subsidiary or division, or is or was serving at the request of the Corporation as
a director, officer, employee or agent of another corporation, partnership, joint venture,
trust or other enterprise.

 

 

     (b) In the event of payment under this Agreement, the Corporation shall be subrogated
to the extent of such payment to all of the rights of recovery of the Indemnitee, who shall
execute all papers required and shall do everything that may be necessary to secure such
rights, including the execution of such documents necessary to enable the Corporation
effectively to bring suit to enforce such rights.

     (c) The Corporation shall not be liable under this Agreement to make any payment in
connection with any claim made against the Indemnitee:

     (i) for which payment is actually made to the Indemnitee under a valid and
collectible insurance policy, except in respect of any excess beyond the amount of
payment under such insurance;

     (ii) for which the Indemnitee is indemnified by the Corporation otherwise than
pursuant to this Agreement.

     (iii) based upon or attributable to the Indemnitee gaining in fact any personal
profit or advantage to which he/she was not legally entitled;

     (iv) for an accounting of profits made from the purchase or sale by the
Indemnitee of securities of the Corporation within the meaning of Section 16(b) of
the Securities Exchange Act of 1934, as amended, or similar provisions of any state
statutory law;

     (v) brought about or contributed to by the dishonesty of the Indemnitee seeking
payment hereunder; however, notwithstanding the foregoing, the Indemnitee shall be
protected under this Agreement as to any claims upon which suit may be brought
against him/her by reason of any alleged dishonesty on his/her part, unless a
judgment or final adjudication thereof adverse to Indemnitee shall establish that
he/she committed acts of active and deliberate dishonesty with actual dishonest
purpose and intent, which acts were material to the cause of action so adjudicated;
or

     (vi) if the Indemnitee acted in bad faith and in a manner not reasonably
believed to be in the best interests of the Corporation, and, with respect to any
criminal action or proceeding, had reasonable cause to believe the Indemnitee’s
conduct was unlawful.

     2. Interim Expenses.

     The Corporation agrees to pay Indemnifiable Expenses incurred by Indemnitee in
connection with any Indemnifiable Litigation in advance of the final disposition thereof,
provided that the Indemnitee agrees to repay the amount so advanced to the extent that it is
ultimately determined that Indemnitee is not entitled to be indemnified by the Corporation
under this Agreement or otherwise.

2

 

     3. Procedure for Making Demand.

     Payments of Indemnifiable Expenses and advances provided for in Sections 1 and 2 hereof
shall be made no later than forty-five (45) days after receipt of the written request of
Indemnitee, and Indemnitee shall be determined to have met the applicable standard of
conduct required for indemnification. Such determination shall be made (1) by a majority
vote of the directors who are not parties to the Indemnifiable Litigation, (2) by a
committee of such directors designated by majority vote of such directors, even though less
than a quorum, (3) if there are no such directors, or if such directors so direct, by
independent legal counsel in a written opinion, or (4) by the Corporation’s stockholders.

     4. Failure to Indemnify.

     (a) If a claim under this Agreement, or any statute, or under any provision of the
Corporation’s Certificate of Incorporation or By-Laws providing for indemnification, is not
paid in full by the Corporation within forty-five (45) days after a written request for
payment thereof has been received by the Corporation, Indemnitee may, but need not, at any
time thereafter bring an action against the Corporation to recover the unpaid amount of the
claim and, if successful in whole or in part, Indemnitee shall also be entitled to be paid
for expenses (including attorneys’ fees) of bringing such action.

     (b) It shall be a defense to any such action (other than an action brought to enforce a
claim for expenses incurred in connection with any action, suit or proceeding in advance of
its final disposition) that Indemnitee has not met the standards of conduct which make it
permissible under applicable law for the Corporation to indemnify Indemnitee for the amount
claimed, but the burden of proving such defense shall be on the Corporation and Indemnitee
shall be entitled to receive interim payments of interim expenses pursuant to Section 2
hereof unless and until such defense may be finally adjudicated by court order or judgment
from which no further right of appeal exists. It is the parties’ intention that if the
Corporation contests Indemnitee’s right to indemnification, the question of Indemnitee’s
right to indemnification shall be for the court to decide, and neither the failure of the
Corporation (including its Board of Directors, any committee of the Board of Directors,
independent legal counsel, or its stockholders) to have made a determination that
indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the
applicable standard of conduct required by applicable law, nor an actual determination b the
Corporation (including its Board of Directors, any committee of the Board of Directors,
independent legal counsel, or its stockholders) that Indemnitee has not met such applicable
standard of conduct, shall create an presumption that Indemnitee has or has not met the
applicable standard of conduct.

3

 

     5. Successors.

     This Agreement establishes contract rights which shall be binding upon, and shall inure
to the benefit of, the successors, assigns, heirs and legal representatives of the parties
hereto.

     6. Contract Rights Not Exclusive.

     The contract rights conferred by this Agreement shall be in addition to, but not
exclusive of, any other right which Indemnitee may have or may hereafter acquire under any
statute, provision of the Corporation, Certificate of Incorporation or By-Laws, agreement,
vote of stockholders or disinterested directors, or otherwise.

     7. Indemnitee’s Obligations.

     The Indemnitee shall promptly advise the Corporation in writing of the institution of
any investigation, claim, action, suit or proceeding which is or may be subject to this
Agreement and keep the Corporation generally informed of, and consult with the Corporation
with respect to, the status of any such investigation, claim, action, suit or proceeding.
Notices to the Corporation shall be directed to EnergySouth, Inc., Attention: Secretary (or
such other address as the Corporation shall designate in writing to Indemnitee). Notice
shall be deemed received three days after the date postmarked if sent by certified or
registered mail, properly addressed. In addition, Indemnitee shall give the Corporation
such information and cooperation as it may reasonably require and as shall be within
Indemnitee’s power.

     8. Severability.

     Should any provision of this Agreement, or any clause thereof, be held to be invalid,
illegal or unenforceable, in whole or in part, the remaining provisions and clauses of this
Agreement shall remain fully enforceable and binding on the parties.

     9. Modification and Waiver.

     No supplement, modification or amendment of this Agreement shall be binding unless
executed in writing by both of the parties hereto. No waiver of any of the provisions of
this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof
(whether or not similar) nor shall such waiver constitute a continuing waiver.

     10. Choice of Law.

     The validity, interpretation, performance and enforcement of this Agreement shall be
governed by the State of Delaware.

4

 

     11. Change in Position.

     Notwithstanding any change in the position(s) shown below as held by the Indemnitee
with the Corporation, this Agreement shall continue in full force and effect, and a new
Agreement between the parties hereto need not be executed and delivered, as long as
Indemnitee continues to serve as an officer and/or member of the Board of Directors of the
Corporation

     12. Termination of Prior Agreement.

     The Alabama Indemnification Agreement, to the extent the Corporation and the Indemnitee
have heretofore entered into said agreement, is superseded by this Agreement with respect to
occurrences on or after the date of this Agreement.

     IN WITNESS WHEREOF, the parties have executed this Agreement in duplicate originals as of the
day and year first written above.

	 	 	 	 	 	 	 
	 	 	INDEMNITEE	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	[Name]	 	 
	 	 	[Member, Board of Directors or Officer]	 	 
	 
	 	 	 	 	 	 
	 	 	CORPORATION:	 	 
	 
	 	 	 	 	 	 
	 	 	ENERGYSOUTH, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By	 	 	 	 
	 

	 	 	 	 

C.S. Liollio
	 	 
	 

	 	 	 	Its President	 	 

5

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