Document:

Document

EXHIBIT 10.1

Executive Performance Equity Plan
GRANT NOTICE

This Grant Notice sets forth the economic terms of a Performance Unit Award granted under the First Solar, Inc. 2020 Omnibus Incentive Compensation Plan (the “Plan”). This Grant Notice, together with the Performance Unit Award Agreement Form Perf Unit-012 (“Performance Unit Award Agreement”) (the terms of which are incorporated into this Grant Notice by reference), constitute the Award Agreement for this Performance Unit Award under the Executive Performance Equity Plan. Capitalized terms used in this Grant Notice that are not defined in this Grant Notice have the meanings as used or defined in the Performance Unit Award Agreement, or if not defined therein, the Plan. Additionally, the 2020 Omnibus Plan Prospectus is available for viewing on the First Solar POWER site.

						
	Participant:
	[●]

		
	Target # Performance Units:
	[●]

		
	Grant Date:
	[●]

		
	Performance Period:
	[●]

		
	Vesting Conditions:
	The number of Performance Units that vests is subject to the level of achievement of the following performance goals during the Performance Period (the “Performance-Vesting Conditions”):

																		
		Performance Level	Threshold
(50%)	Target
(100%)	Maximum
(200%)	Weighting
		[Metric 1]	[●]
	[●]
	[●]
	[●]

		[Metric 2]	[●]
	[●]
	[●]
	[●]

		[Metric 3]	[●]
	[●]
	[●]
	[●]

		[Metric 4]	[●]
	[●]
	[●]
	[●]

						
		The final number of Performance Units actually awarded following the end of the Performance Period, if any, shall be based on the weighted attainment of specified levels of the Performance-Vesting Conditions, and may range between 0% and 200% of the number of target Performance Units. More specifically, 0% of the target Performance Units shall be earned upon less than threshold performance achievement; 50% of the target Performance Units shall be earned upon threshold performance achievement, 100% of target Performance Units shall be earned upon target performance achievement and 200% of target Performance Units shall be earned upon maximum performance achievement (with linear interpolation between threshold and target performance achievement and between target and maximum performance achievement). Each Performance Unit represents the right to receive one share of the Company’s common stock, no par value per share (“Share”).

In determining achievement of the Performance-Vesting Conditions, the Committee may make such adjustments as it deems appropriate, including adjustments to performance metrics for events or circumstances as determined by the Committee. Further, the Committee may, in its sole discretion, reduce the number of Performance Units actually delivered hereunder even if the Performance-Vesting Conditions are achieved.

This Award shall not vest unless the Participant is continuously employed by the Company or an Affiliate through the settlement date following the end of the Performance Period, unless the Participant is eligible for a pro rata settlement as provided for in the Forfeiture section below.

		
	Vesting Acceleration upon a Change in Control:
	Award is Assumed or Substituted. Upon the occurrence of a Change in Control (as defined in the Change of Control Severance Agreement between the Participant and the Company (“CIC Agreement”)) that occurs during the Performance Period in which the acquirer assumes or substitutes the Performance Units, the Performance Units shall remain eligible to vest in accordance with the vesting provisions described above (including the Performance-Vesting Conditions, subject to adjustments as permitted under Section 4(b) of the Plan or Section 10 of the Performance Unit Award Agreement); provided, however, if, within the 24-month period following such Change in Control, the Participant’s employment with the Company and its Affiliates is terminated (1) by the Company or one of its Affiliates without Cause (as defined in the CIC Agreement) or (2) by the Participant for Good Reason (as defined in the CIC Agreement), then the number of Performance Units determined based on the greater of (x) target or (y) actual achievement of the applicable Performance-Vesting Conditions as of the last day of the quarter preceding the date of termination shall become vested as of the date of such termination of employment, and promptly settled within 60 days following such date. This Award shall expire and be forfeited with respect to the unvested portion thereof if the applicable Performance-Vesting Conditions are not satisfied as of such date of termination.

Award is Not Assumed or Substituted. Upon the occurrence of a Change in Control in which the acquirer does not assume or substitute the Performance Units, the Performance Units shall be deemed immediately vested at the greater of (x) target or (y) actual achievement of the applicable Performance-Vesting Conditions as of the last day of the quarter preceding the Change in Control, and shall be promptly settled within 60 days following the Change in Control.

Coordination with CIC Agreement. For the avoidance of doubt, the provisions of Section 3 “Impact of a Change in Control on Equity Compensation Awards” in the CIC Agreement shall not apply to this Award.

						
	Forfeiture:
	This Award shall be forfeited, with no consideration, upon termination of the Participant’s employment provided, however that if such termination of employment occurs (x) on account of the Participant’s death, (y) by the Company due to Disability (defined below), or (z) by the Participant due to a Retirement (defined below) occurring following the end of the first calendar year of the Performance Period, then the Participant shall be eligible for a pro rata settlement as described in the Settlement section below.

For this purpose, “Disability” shall have the meaning ascribed to such term (or term of similar import) in the employment agreement between the Participant and the Company, as in effect at the relevant time. “Retirement” shall mean the Participant’s voluntary termination of employment provided that the Participant has (i) attained age fifty-five (55) or older as of the date of such termination and (ii) completed a minimum of ten (10) years of service as of the date of such termination. Notwithstanding anything to the contrary herein, if the Participant’s employment is terminated due to a Retirement occurring following the end of the first calendar year of the Performance Period, the Participant shall be eligible for a pro rata settlement only if the Participant complies with the restrictive covenants set forth in the Non-Solicitation and Non-Competition Agreement by and between the Company and the Participant, as in effect on the date of such termination of employment (the “Restrictive Covenants”) through the settlement date of this Award.

Further, this Award shall expire and be forfeited with respect to the unvested portion thereof if the threshold Performance-Vesting Condition is not satisfied with respect to the Performance Period. For greater clarity, notwithstanding anything to the contrary herein, in the Performance Unit Award Agreement, or in any employment or other agreement between the Participant and the Company, no portion of this Award shall accelerate upon termination of the Participant’s employment other than as expressly provided in this Grant Notice.

		
	Settlement of Award:
	Full Settlement: Where the Participant is eligible for full settlement of this Award or any portion thereof, as soon as administratively practicable but in any event within the first 60 days of the calendar year following the end of the Performance Period, the Participant shall receive one fully vested Share for each vested Performance Unit.

Pro Rata Settlement: Where the Participant is eligible for a pro rata settlement of this Award or any portion thereof because the Participant experienced a termination of employment described above prior to the settlement date, such pro rata portion shall be determined by multiplying (i) the number of Performance Units that would have vested based on actual achievement of the Performance-Vesting Conditions had the Participant remained employed until the settlement date by (ii) a fraction, (a) the numerator of which is the number of days the Participant was employed by the Company during the Performance Period up to the date of termination, and (b) the denominator of which is the number of days from and after the first day of the Performance Period through the end of the Performance Period, rounding up to the next whole Performance Unit. Such pro rata portion of the Performance Units shall be settled in Shares, on a one-for-one basis, as soon as administratively practicable but in any event within the first 60 days of the calendar year following the end of the Performance Period. If the Participant becomes eligible for a pro rata settlement of this Award, then upon pro rata settlement the remainder of this Award shall be forfeited.

						
		
	Settlement of Taxes:
	Vesting and settlement of the Performance Units shall be subject to the Participant satisfying any applicable federal, state and local tax withholding obligations and non-U.S. tax withholding obligations. The amount of any withholding taxes in respect of the Performance Units shall be satisfied by having the Company withhold from the number of Performance Units payable to the Participant under this Award a number of Shares having a fair market value equal to such required tax withholding obligations. If, for any reason, the Shares that would otherwise be deliverable to the Participant upon settlement of the Performance Units would be insufficient to satisfy the tax withholding obligations, the Company and any of its Subsidiaries are authorized to withhold an amount from the Participant’s wages or other compensation sufficient to fully satisfy the tax withholding obligations.

									
			
	Signature		DateExhibit 10.1

 

 

SEPARATION AGREEMENT

 

THIS SEPARATION AGREEMENT
(“Agreement”) is voluntarily entered into as of the date(s) set forth below by and between the undersigned, William
Pirtle (“Employee”), and Shentel Management Company (the “Company”), each a “Party,”
and collectively, “the Parties.”

 

WHEREAS, Employee is employed
by the Company as its Senior Vice President Sales and Marketing; and

 

WHEREAS, Employee and the
Company are party to an Executive Severance Agreement dated January 1, 2020 (the “Severance Agreement”), which provides
for the payment of certain severance benefits subject to the terms and conditions of the Severance Agreement, including the requirement
that Employee execute and not revoke a general release of claims in favor of the Company; and

 

WHEREAS, the Company previously
notified Employee that Employee’s employment with the Company would be involuntarily terminated on August 2, 2021 as a result of
the reduction in force arising out of the Company’s divestiture of its wireless business; and

 

WHEREAS, the Company has recently
requested that Employee remain employed with the Company until December 31, 2021 (the “Separation Date”) to assist
in transition-related duties and Employee has agreed to remain employed with the Company until the Separation Date, as set forth herein;
and

 

WHEREAS, the Parties have
agreed that Employee shall continue to perform Employee’s regular duties and responsibilities through the Separation Date and assist
with the transitioning of Employee’s duties and responsibilities between now and the Separation Date, and the Parties have agreed
to the compensation and benefits that will be made available to Employee during that period and the severance benefits that will be provided
to Employee after the Separation Date; and

 

WHEREAS, the Parties wish
to memorialize their commitments to one another in this Agreement.

 

NOW, THEREFORE, in consideration
of the mutual understandings and agreements contained herein, the sufficiency of which is hereby acknowledged, the Parties agree as follows:

 

1.                 
Recitals and Definitions. The recitals set forth above are hereby incorporated into and made a part of this Section
1 of this Agreement. For purposes of this Agreement (and the General Release and Waiver Agreement attached hereto as Exhibit A), “Released
Parties” means (a) the Company; (b) the past, present, and future successors, parent companies, subsidiaries, joint venturers,
and affiliates of the Company; and (c) the past and present officers, employees, attorneys, agents, assigns, insurers, representatives,
shareholders, principals, and/or directors of, or any and all employee benefit plans (and any fiduciary of such plans) sponsored by, the
entities in (a) and (b).

 

2.                 
Role Transition and Separation Date. For and in consideration of the promises and agreements herein, the Parties
agree that Employee shall continue as an at-will employee through the Separation Date. From the date this Agreement is executed through
the Separation Date, Employee shall continue to report to work; perform Employee’s regular duties and responsibilities; and, upon
request by the Company, assist the Company with the transition of Employee’s duties and responsibilities. Effective on the Separation
Date, Employee’s employment with the Company shall be terminated, and Employee will resign from any other positions Employee holds
with the Company or any of its subsidiaries or affiliates.

 

     

     

    

3.                 
Compensation and Benefits. During the period beginning on the date hereof and ending on the Separation Date, and
only for so long as Employee remains employed by the Company during such period: (a) Employee shall continue to receive Employee’s
current annual base salary; (b) Employee shall continue to participate in the Company’s annual incentive bonus program subject to
the terms and conditions of Employee’s February 23, 2021 Incentive Award Agreement; (c) Employee shall not entitled to receive any
future equity award grants; and (d) Employee shall continue to remain eligible to participate in employee health, retirement, and other
benefit programs pursuant to the terms and conditions of those programs. During the Company payroll cycle following the Separation Date,
the Company will pay out all of Employee’s unused earned PTO days through the Separation Date consistent with the Company’s
B-14 Paid Time Off-PTO policy.

 

4.                 
Severance Benefits. If Employee remains employed through the Separation Date, or if, before the Separation Date,
Employee resigns with Good Reason (as defined in the Severance Agreement) or is terminated by the Company without Cause (as defined in
the Severance Agreement), the cessation of Employee’s employment will be treated as a “Covered Termination” after a
“Change in Control” under the Severance Agreement, and therefore, if Employee executes the General Release and Waiver Agreement
attached hereto as Exhibit A (as modified by the Company to fill in or delete bracketed language contained therein) on or after the Separation
Date but within forty-five (45) days after the Separation Date and does not timely revoke the General Release and Waiver Agreement, Employee
shall be entitled to receive the severance benefits set forth in Section 4(c) of the Severance Agreement, subject to the terms and conditions
of the Severance Agreement; provided, however, that in lieu of paying the target annual incentive bonus as stated in Section 4(c)(ii)
of the Severance Agreement, the Company will pay the Executive the greater of the annual incentive bonus that is earned for 2021 and the
target annual incentive bonus for 2021, and that amount will be paid at the same time that other 2021 annual incentive bonuses are paid,
but no later than March 15, 2022. Employee expressly agrees that the payment of the annual incentive bonus amount set forth in the preceding
sentence will satisfy the Company’s obligation to Employee under Section 4(c)(ii) of the Severance Agreement. 

 

5.                 
Performance Units. If Employee remains employed through the Separation Date, and if Employee executes the General
Release and Waiver Agreement attached hereto as Exhibit A (as modified by the Company to fill in or delete bracketed language contained
therein) on or after the Separation Date but within forty-five (45) days after the Separation Date and does not timely revoke the General
Release and Waiver Agreement, and if Employee satisfies the age and service requirements for “Retirement” in the applicable
equity award agreements, the cessation of Employee’s employment will be treated as a “Retirement” for purposes of the
equity awards granted to Employee under the Company’s 2014 Equity Incentive Plan and that are outstanding on the Separation Date.
The future vesting of such equity awards shall continue to be governed by the terms and conditions of the applicable equity award agreements,
including the requirement that Employee comply with the restrictive covenants set forth in the applicable equity award agreements.

 

    	 	2	 

     

    

6.                 
Covenants. Employee agrees that Employee shall continue to be bound by, and will comply with, the Covenants set forth
in Section 8 of the Severance Agreement.

 

7.                 
Confidentiality of Agreement. Employee covenants and agrees that Employee will not disclose the existence or terms
of this Agreement to any person except (i) to licensed attorney(s) for the purpose of obtaining legal advice, (ii) to licensed or certified
accountant(s) for purposes of preparing tax returns or other financial services, (iii) in proceedings to enforce the terms of this Agreement,
or (iv) as otherwise required by law or court order. However, nothing herein shall limit Employee’s ability to confer with legal
counsel, to testify truthfully under subpoena or court order, or to cooperate with an investigation by a municipal, state or federal agency
for enforcement of laws, and Employee may disclose the existence or terms of this Agreement to Employee’s spouse or other immediate
family, provided Employee takes reasonable measures to assure that they do not disclose the existence or terms of this Agreement to a
third party, except as otherwise allowed herein. The foregoing non-disclosure will not apply to the existence and terms of this Agreement
on and after, but only to the extent that, they become public knowledge upon any filing with the United States Securities and Exchange
Commission.

 

8.                 
Employee’s Representations. In agreeing to sign this Agreement, Employee has not relied on any statements or
explanations made by any of the Released Parties, except as specifically set forth in this Agreement. Employee also acknowledges and agrees
that Employee has received all forms of compensation, of whatever kind, that may be due from the Released Parties as of the date Employee
signs this Agreement, other than the benefits set forth in this Agreement. Employee acknowledges and agrees that all salary or wage compensation
due Employee by the Released Parties, whether by contract or by law, has been paid in full, and Employee has been provided all rights
and benefits to which Employee is entitled without interference by the Released Parties, including, but not limited to, vacation, sick
time, paid or unpaid time off, family and medical leave, accommodation for any disability, or any contractual rights or privileges, and
that Employee has no outstanding claims for any compensation or benefits.

 

9.                 
Acknowledgements. Employee acknowledges that Employee has read this Agreement and understands its terms. Employee
has been provided with a full and fair opportunity to consult with an attorney of Employee’s choosing and to obtain any and all
advice Employee deems appropriate with respect to this Agreement. In light of the foregoing, Employee is satisfied with the terms of this
Agreement and agrees that its terms are binding upon Employee. Nothing in this Agreement shall be deemed an admission by any of the Released
Parties, or by Employee, of any violation of any agreement, statute, law or right or of any wrongdoing of any kind.

 

10.             
Governing Law and Interpretation. This Agreement shall be deemed to be made in, and in all respects shall be interpreted,
construed, and governed by and in accordance with the laws of the Commonwealth of Virginia, notwithstanding any choice of law provisions
otherwise requiring application of other laws. It shall be interpreted according to the fair meaning of the terms herein and not strictly
in favor of, or against, either party.

 

    	 	3	 

     

    

11.             
Amendments. No amendment or modification of this Agreement shall be binding or effective for any purpose unless made
in a writing signed by the Party against whom enforcement of such amendment or modification is sought.

 

12.             
Execution. This Agreement may be executed in two (2) original, facsimile or electronic counterparts, each of which
will be deemed to be an original, but both of which when taken together shall constitute one and the same document, and only one (1) counterpart
signed by the Party against whom enforcement is sought must be produced to evidence the existence of this Agreement.

 

[signature page follows]

 

 

 

 

 

 

 

    	 	4	 

     

    

IN WITNESS WHEREOF, and intending to be legally bound, the Parties
hereto have caused this Agreement to be executed as of the date(s) set forth below.

 

	 	William Pirtle
	 	 
	 	Signature:	/s/ William Pirtle
	 	 	 
	 	Date: 	July 30, 2021
	 	 	 
	 	 	 
	 	Shentel Management Company:
	 	 
	 	By:	/s/
    Christopher E. French
	 	 	 
	 	Its:	President
    & Chief Executive Officer
	 	 	 
	 	Date:	July 30, 2021

 

 

 

 

[Signature page: Separation Agreement]

 

    	 	5	 

     

    

Exhibit A to Separation Agreement 

 

GENERAL RELEASE AND WAIVER AGREEMENT

 

THIS GENERAL RELEASE
AND WAIVER AGREEMENT (this “Release”) is entered into as of the date(s) set forth below by and between Shentel Management
Company (the “Company”) and William Pirtle (the “Employee”). The Company and the Employee hereby
agree as follows:

 

1.                     
Employment Status. The Employee’s employment with the Company terminated effective as of [X]. Employee and the Company
are party to the Separation Agreement dated [INSERT DATE PRIOR TO EXECUTION] (the “Separation Agreement”). Unless otherwise
defined herein, capitalized words in this Release shall have the meaning ascribed to them in the Separation Agreement.

 

2.                     
Payment and Benefits. The Company shall pay the severance benefits specified in and subject to the provisions of Section
4 of the Separation Agreement and further subject to the terms and conditions of the Severance Agreement and treat Employee’s cessation
of employment as “Retirement” for purposes of the equity awards granted to Employee under the Company’s 2014 Equity
Incentive Plan and subject to the provisions of Section 5 of the Separation Agreement; provided, that such payments and benefits are subject
to certain terms and conditions, including without limitation this Release becoming effective, as provided in the Separation Agreement
and the Severance Agreement.

 

3.                     
No Liability. This Release does not constitute an admission by the Employee or any of the Released Parties of any unlawful
acts or of any violation of federal, state, or local laws.

 

4.                     
Release. In consideration of the payments and benefits described in Section 2 above, Employee hereby releases, acquits,
and forever discharges the Released Parties from any and all claims, charges, complaints, demands, liabilities, obligations, promises,
agreements, controversies, damages, actions, causes of action, suits, rights, entitlements, costs, losses, debts, and expenses (including
attorneys’ fees and legal expenses), of any nature whatsoever, known or unknown, which Employee now has, had, or may hereafter claim
to have had against the Released Parties, of any kind or nature whatsoever, arising from any act, omission, transaction, matter, or event
which has occurred or is alleged to have occurred on or before the date Employee executes (or, if applicable, re-executes) this Release.

 

The claims knowingly and voluntarily
released herein include, but are not limited to, all claims relating in any way to Employee’s employment with the Company or any
other Released Party, or the conclusion of that employment, whether such claims are now known or are later discovered, including claims
under the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964, 42 U.S.C. § 1981, the Americans with Disabilities
Act, the Family and Medical Leave Act, the Fair Labor Standards Act or other federal or state wage and hour laws, the Employee Retirement
Income Security Act, claims for breach of contract, infliction of emotional distress, claims under any other federal or state law pertaining
to employment or employment benefits, and any other claims of any kind based on any contract, tort, ordinance, regulation, statute, or
constitution; provided, however, that nothing in this Release shall be interpreted to release any claims which Employee may have for workers
compensation benefits, any rights under the Severance Agreement, any rights to benefits as a terminated employee under the Company’s
employee benefit plans, and any rights that legally cannot be waived. Employee acknowledges that this Release is a complete defense and
shall constitute a full and final bar to any claim by Employee based on any act, omission, transaction, matter, or event which has occurred
or is alleged to have occurred up to the date Employee executes (or, if applicable, re-executes) this Release.

 

    	 	6	 

     

    

Employee acknowledges
that nothing contained in this Release limits Employee’s ability to file a charge or complaint with any federal, state or local
government agency or commission (a “Government Agency”). In addition, nothing contained in this Release limits Employee’s
ability to communicate with any Government Agency or otherwise participate in any investigation or proceeding that may be conducted by
an Government Agency, including Employee’s ability to provide documents or other information, without notice to the Company, nor
does anything contained in this Release apply to truthful testimony in litigation. If Employee files any charge or complaint with any
Government Agency and if the Government Agency pursues any claim on Employee’s behalf, or if any other third party pursues any claim
on Employee’s behalf, Employee hereby waives any right to monetary or other individualized relief (either individually or as part
of any collective or class action); provided, however, that Employee acknowledges that nothing in this Release limits any right Employee
may have to receive a whistleblower award or bounty for information provided to the Securities and Exchange Commission.

 

5.                 
Employee’s Representations. In agreeing to sign this Release, Employee has not relied on any statements or explanations
made by any of the Released Parties, except as specifically set forth in the Separation Agreement, the Severance Agreement, and this Release.
Employee also acknowledges and agrees that Employee has received all forms of compensation, of whatever kind, that may be due from the
Released Parties as of the date Employee signs this Release, other than the payments and benefits described in Section 2 of this Release
(to be provided in accordance with the Separation Agreement and Severance Agreement). Employee acknowledges and agrees that all salary
or wage compensation due Employee by the Released Parties, whether by contract or by law, has been paid in full, and Employee has been
provided all rights and benefits to which Employee is entitled without interference by the Released Parties, including, but not limited
to, vacation, sick time, paid or unpaid time off, family and medical leave, accommodation for any disability, or any contractual rights
or privileges, and that Employee has no outstanding claims for any compensation or benefits.

 

6.                 
Return of Property. By signing this Release, Employee acknowledges that Employee has returned to the Company all originals
and copies of documents and property of the Company, including without limitation gas cards, credit cards, computers and wireless handsets,
files, research, records, memoranda, book lists and other documents and tangible materials that Employee received during Employee’s
employment.

 

7.                 
Bar. Employee acknowledges and agrees that, if Employee should hereafter make any claim or demand or commence or threaten
to commence any action, claim, or proceeding against the Released Parties with respect to any cause, matter, or thing which is the subject
of the release under Section 4 of this Release, this Release may be raised as a complete bar to any such action, claim, or proceeding,
and the applicable Released Party may recover from the Employee all expenses and costs incurred in connection with such action, claim,
or proceeding, including attorneys’ fees.

 

    	 	7	 

     

    

8.                 
Governing Law; Interpretation. This Release shall be governed by and construed in accordance with the laws of the Commonwealth
of Virginia, without regard to the conflicts of law rules thereof. If for any reason any part of this Release shall be determined to be
unenforceable, the remaining terms and conditions shall be enforced to the fullest extent possible.

 

9.                 
Acknowledgements. Employee acknowledges that Employee has read and understands this Release and the “Decisional Unit
Information” set forth in Exhibit 1 to this Release, that Employee is hereby provided a period of forty-five (45) calendar days
to consider this Release’s terms, that Employee is hereby advised in writing to discuss its terms with an attorney or other advisor
before executing the Release, and that Employee’s execution is purely voluntary. Employee further understands that Employee may
revoke this Release within seven (7) calendar days after Employee has signed it by delivering written notice of revocation to Chief Human
Resources Officer, 500 Shentel Way, Edinburg, VA 22824. If Employee revokes this Release within the seven-day revocation period, this
Release shall become null and void, and Employee will not be entitled to receive the payments and benefits set forth in Paragraph 2 of
this Release. If Employee does not revoke this Release within the seven-day revocation period, this Release will become effective and
enforceable on the eighth day after Employee’s execution of same.

 

10.              
Counterparts. This Release may be executed by the parties hereto in counterparts, which taken together shall be deemed one
original.

 

11.              
Execution. Employee cannot execute this Release until on or after the Employee’s termination date. If Employee executes
this Release before Employee’s termination date, this Release shall be null and void, and Employee shall be required to re-execute
this Release on or after Employee’s termination date in order to be eligible to receive the payments and benefits described in Section
2 of this Release.

 

[signature page follows]

 

 

    	 	8	 

     

    

THE UNDERSIGNED
HAS CAREFULLY READ THIS RELEASE; THEY KNOW AND UNDERSTAND ITS TERMS; THEY FREELY AND VOLUNTARILY AGREE TO ABIDE BY ITS TERMS; AND THEY
HAVE NOT BEEN COERCED INTO SIGNING THIS RELEASE.

 

 

	 	William Pirtle
	 	 
	 	Signature:	 
	 	 	 
	 	Date: 	 
	 	 	 
	 	 	 
	 	Shentel Management Company:
	 	 
	 	By:	 
	 	 	 
	 	Its:	 
	 	 	 
	 	Date:	 

 

 

[Signature page: General Release and Waiver
Agreement]

 

 

 

 

 

9

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