Termination Agreement for Frank Cady
The substantive TERMINATION terms of the agreement, under Section 11, between Frank Cady and Lassen Municipal Utility District are as follows:
1. Frank Cady agrees to resign as of ___________________, 2007
2. The District shall not pay Frank Cady the amount remaining on his contract..
3 Frank Cady shall not be entitled to remain on the district's health insurance plan ..
THIS AGREEMENT IS ENTERED INTO KNOWINGLY, FREELY, WITHOUT ANY UNDUE DURESS OR COERCION
Darrell Wood Frank Cady
DATE EXECUTED: ___________________, 2007