Setting Up Tax-Deductible Alimony Payments Jul 24, 2008
The payment must be made as a result of a written divorce or separation agreement ... Payments to third parties, such as attorneys and mortgage lenders, are OK if they're made on behalf of your ex pursuant to the divorce or separation agreement or at the written request of your ex ... The divorce or separation agreement cannot state that the payment is not alimony. (SmartMoney)
Filings lay bare a bitter union Jul 24, 2008
In a drafted separation agreement included as part of Kurtz and Blum's filing, Nancy Cooper had agreed to share custody with Bradley Cooper, who was to see the girls at least every other weekend and for two weeks during the summer ... Nancy Cooper had forwarded the separation agreement to Bradley Cooper on April 18, but it remains unsigned. (News & Observer)
Grady could have busy CEO day Jul 17, 2008
Grady Memorial Hospital officials may seal a separation agreement with their embattled CEO as early as Monday, the same day they expect to name a new chief executive ... Pete Correll, the head of the new Grady nonprofit board, said Wednesday that Stephenson's separation agreement could be announced as early as Monday. (Atlanta Journal-Constitution)
Fins should pass Jul 13, 2008
A 62-7 playoff embarrassment at the very end was unnecessarily cruel for Marino, and it appears the Packers want to keep their distance from Favre since they hoped an amicable separation agreement had been reached. The official comment is that "the Packers have no reaction" to word that Favre might want to return. (The Palm Beach Post)
Marana Town Manager stepping down Jun 26, 2008
At last week s Council meeting, they issued a separation agreement that was made public on Wednesday, June 25 ... According to Reuwsaat s separation agreement, he stops working July 11, then he s to be on paid administrative leave until August 5, after which he ll get six months salary in severance pay. (FOX 11, AZ)
Lover of Cheating Husband Wins Point, Loses Case: Ann Woolner Jun 26, 2008
To prove his intentions, he showed her a separation agreement signed by him and his wife, according to Devaney. So she returned to New Jersey and he bought her a condominium. (Bloomberg -- Columnists)
Executive Biggs to leave Saks Jun 17, 2008
Saks, operator of the Saks Fifth Avenue chain, detailed the separation agreement in a document filed with the Securities and Exchange Commission on June 13, a week after it posted an 8. 7 percent decline in its same-store sales. (Cincinnati Business Courier, OH)
S.I.S.D. Parts Ways With Superintendent Jun 11, 2008
The separation agreement goes into effect June 30. KFOX has followed the turmoil within the district during Atkinson's tenure, and allegations of cronyism and wrongdoing. (KFOXTV.com, TX)
S.I.S.D. Superintendent Leaves District Jun 10, 2008
The board will reveal the details of this separation agreement to KFOX after Tuesday's meeting. Copyright 2007 by. (KFOXTV.com, TX)
KFOX Update: SISD Superintendent May Soon Be Removed Jun 8, 2008
EL PASO, Texas -- The small, quiet-looking announcement on the Socorro School District's web site packs an explosive message: A special meeting of the Board of Trustees to be held Tuesday, June 10 discussing a "separation agreement" with Superintendent Dr. Sylvia Atkinson. Simply put: the embattled official could soon be gone for good. (KFOXTV.com, TX)
KFOX Update: SISD To Discuss Separation Agreement With Superintendent Jun 7, 2008
A Special meeting of the Board of Trustees of Socorro ISD will be held June 10, 2008, beginning at 6:00 PM in the District Service Center Board Room to discuss a "separation agreement" with Superintendent Dr. Syvlia Atkinson, according to the district's website. The meeting is expected to be held behind closed doors. (KFOXTV.com, TX)
Pa. gaming board director Neeb announces her resignation May 30, 2008
Although her contract does not expire until September, Neeb will still be paid through that period under a separation agreement negotiated with the board. Members of the board expect to continue working with Neeb on certain issues, board chairwoman Mary DiGiacomo Colins said. (Somerset Daily American, PA)
Catholic Charities' head put on paid leave May 23, 2008
The board of Catholic Charities, which in 2006 allocated more than $6 million to a variety of social services, planned to meet Thursday night to discuss executive director Thomas A. Bila's separation agreement along with other matters, Ibarra said. Bila and finance director Jim Hall left under "mutual agreement with the board to look at other opportunities," said Ibarra. (The Palm Beach Post)
By large majority, UAW approves axle deal May 23, 2008
It contains a separation agreement with six financial package options that include buyouts, retirements and cash buydowns. Workers also approved a plant closing agreement by 87 percent. (Buffalo Business First, NY)
Departing Gevity executive taking $660,000 with him May 8, 2008
When he leaves his job at the end of July, senior vice president and chief administrative officer Clifford M. Sladnick stands to gain more than $660,000 and other benefits, according to a separation agreement released Monday. Sladnick will earn his base salary and benefits through the end of July, which was listed at $360,000 annually, a filing with the Securities and Exchange Commission said. (Tampa Bay Business Journal, FL)
UI Art museum head Collinson suddenly quits May 8, 2008
Director of the UI Museum of Art Howard Collinson has voluntarily resigned, a separation agreement obtained Tuesday shows. Collinson, who served for more than eight years in the position, announced his resignation Monday, though he signed a separation agreement with university officials May 2 ... The separation agreement documents don't cite any reason for Collinson's seemingly abrupt departure, and UI spokesman Steve Parrott said officials cannot comment any further outside of that agreement,... (Daily Iowan, IA)
Ready for a Divorce? Your House Isn't May 6, 2008
Under their 2005 separation agreement, Tipheny DelPrado was supposed to assume the mortgage on the couple's three-bedroom Virginia home. For her, that meant either refinancing the mortgage or selling the house. (ABC News -- Business)
Russian-Georgian dispute grows over downing of spy drone Apr 23, 2008
This flight by the reconnaissance plane was "a violation of both the Moscow cease-fire and force separation agreement of May 14, 1994," the Russian ministry said. Multimedia. (International Herald Tribune)
No overnight stays for lover Apr 19, 2008
Your separation agreement is the most important part of the divorcing process for your family. Dear Amy: My 92-year-old grandfather lives 2,000 miles away. (Fresno Bee -- Lifestyle)
Former director agrees to $60,000 settlement Apr 18, 2008
Deep River First Selectman Dick Smith said that on March 27, Beecher agreed to accept a $60,000 separation agreement that would indemnify ETD employees, representatives, and the Boards of Selectmen of all towns represented by ETD. The clause was necessary since Beecher in January threatened to file civil suits against Westbrook representative and former Chairwoman Doris Sanstrom, Old Lyme representative John Forbis, the towns the two represent, Finance Manager Halayna Famiglietti, and Operations... (Pictorial Gazette, CT)
McDaniel leaves city employee with a nice paycheck Apr 18, 2008
McDaniel s employment separation agreement states the former city manager will be paid $175,000 which includes compensations, benefits, and other consideration including vehicle and cell phone allowances, accrued vacation and holiday time, and other withholdings ... The separation agreement also states that city council and staff are prohibited from making disparaging comments about McDaniel and his employment with the city. (Friendswood Journal, TX)
Do I stay put to avoid risking custody of my kid? Apr 12, 2008
Now, on the advice of my lawyer, I'm not going anywhere either, until we have a separation agreement. Without one, I'm told, I risk being viewed as the party who jumped ship and that would work against me when it comes to custody issues surrounding our two-year-old daughter. (Globe and Mail)
In '05, White agreed to resign with a letter of recommendation Apr 6, 2008
It is not uncommon that a neutral letter be given in a separation agreement, said Ben Matthews, an Illinois Education Association official who previously served as president of the Unit 5 teachers union. Matthews said he couldnt comment specifically on whether the letter in question was neutral because he wasnt involved with the case and didnt know all the background. (The Pantagraph newspaper)
Hatch describes departure from city Mar 28, 2008
His separation agreement does not include any one-time payments upon his departure. King said earlier this week the city has already begun recruiting Hatch's replacement. (Lodi News Sentinel, CA)
O'Hara will get year's pay with departure from Level 3 Mar 27, 2008
The SEC filing said O'Hara and Level 3 reached a separation agreement effective March 20 ... The separation agreement spells out that for 12 months from March 10, O'Hara will not. (Denver Business Journal, CO)
Starbucks Corp. Mar 18, 2008
25 million over the next year under a separation agreement. Market outlook. (Albany Times Union)
Law professors say Wise may have violated separation agreement Mar 15, 2008
But formal complaints he is pursuing against board member Brenda Priestly Jackson could violate a provision in his separation agreement forbidding him from filing claims against the school system or its employees, according to two law professors who reviewed the agreement for the Times-Union. School Board members have given no indication whether they plan to pursue the matter. (Florida Times-Union)
Wachovia to sell branches to American Realty Capital Mar 15, 2008
The noncompete clause in his separation agreement with American Financial Realty expired last year. Charlotte-based Wachovia (NYSE:WB) operates 3,400 branches in 21 states. (Charlotte Business Journal, NC)
Divorce in Canada Mar 8, 2008
In most instances the parties deal with property and custody issues through a separation agreement at the outset of their break up and incorporate this document into their divorce proceeding one year after separation. There is nothing particularly significant about the one year period set out in the Divorce Act. (Suite101.com)
Administrator says highway flap result of 'business decisions' Mar 6, 2008
Mattison later came to a separation agreement with the county and Anderson chose to retire. Since Anderson's retirement and Mattison's resignation, two more county employees have been terminated, leading to more questions about the department. (Chetek Alert, WI)
Anderson says he never falsified highway records Feb 28, 2008
Anderson eventually agreed to retire from county service in December, while Mattison reached a separation agreement with county officials shortly thereafter. In a packed auditorium, Anderson addressed the board for nearly 20 minutes during the public comment portion of the evening's agenda. (Chetek Alert, WI)
NATIONAL Augustin's 24 points help power No. 5 Texas Feb 26, 2008
NATIONAL / Augustin's 24 points help power No. 5 Texas (San Francisco Chronicle -- Sports)
Sampson Must Cooperate With NCAA Probe Feb 26, 2008
Please Upgrade Your Browser. This Site Uses I-Frames Extensively. (ABC 7 News, DC)
Deal requires Sampson to help with NCAA probe Feb 26, 2008
INDIANAPOLIS -- Former Indiana coach Kelvin Sampson's separation agreement with the university will not be finalized until March 17. Sampson signed the deal Friday, but university spokesman Larry MacIntyre said Monday the Hoosiers ex-coach has 21 days to revoke the deal that includes provisions which prevent Sampson from suing the university. (ESPN -- College Basketball)
Vols reach peak of AP poll for first time Feb 26, 2008
Former Indiana coach Kelvin Sampson's separation agreement with the university requires him to continue cooperating with the NCAA investigation and bars him from interfering with any team activities. Sampson took a $750,000 buyout Friday in return for his immediate resignation after the NCAA accused him of five major rules violations. (Boston Globe -- Sports)
Sovereign Bancorp Says Fires CFO Feb 22, 2008
The Philadelphia-based thrift decided "to terminate (McCollom's) employment without cause," according to a separation agreement signed by Sovereign and McCollom, and filed with the U.S. Securities and Exchange Commission. McCollom joined Sovereign in 1996 and became CFO in 2005. (Reuters)
GECINA: 2007 Results Feb 22, 2008
The first stage of the Separation Agreement was carried out in Spain over the period from September 24th to October 24th, 2007. The second stage for the implementation of the separation process, which GECINA has initiated, has been temporarily postponed following the decision by the French securities regulator (Autorit. (BusinessWire)
Anderson wishes to clear his name at next board meeting Feb 21, 2008
Mattison came to a separation agreement with the county in late December. State Department of Transportation officials are continuing their investigation, according to Hebert, and no charges have been filed. (Chetek Alert, WI)
Kosovo's just, but rash, escape Feb 20, 2008
It would have been healthier for everyone concerned - Serbs, Albanian Kosovars, the European Union, Russia, and America - to have persisted with multilateral negotiations until a separation agreement acceptable to Serbs and Kosovars could be forged. But that did not happen, and now the governments of that volatile region and the nations responsible for the UN resolution that ended the 1999 Kosovo war must prevent another outbreak of Balkan mayhem. (Boston Globe)
WSI looks for more info from Long Feb 16, 2008
WSI provided the Tribune with further documentation of alleged performance issues, including a separation agreement which may have been drafted on or around Oct. 19, shortly after Long spoke with the Bureau of Criminal Investigations and a few days before Long filed for whistleblower protection. Long said he had never seen that separation agreement, although Halvorson made references to Long's "imminent" termination. (Bismarck Tribune, ND)
Denny's Corp. Feb 5, 2008
In August, the company signed a separation agreement with Margaret Jenkins, senior vice president and chief marketing officer, that included a $1. 34 million lump-sum severance payment and a two-year noncompete clause. (Albany Times Union)
Board hears latest information on highway department Jan 17, 2008
Since the investigation began, Anderson has announced his retirement from the county and Mattison recently signed a separation agreement with the county that effectively signals his retirement from county employment. As part of that agreement, Mattison is to retire from county employment and receive approximately three months salary-or about $15,500-in compensation, in addition to half of his sick leave and vacation pay due. (Chetek Alert, WI)
Executive committee hears update on rail project, county highway department Jan 10, 2008
Hebert revealed during the meeting that Barron County and the County Highway Commissioner, Brian Mattison, had come to a separation agreement on Friday, Dec. 28; however, Mattison had seven days to change his mind ... As of Monday, Jan. 7, Mattison had not changed his mind, and therefore the separation agreement between Mattison and the county stands. (Chetek Alert, WI)
Plug's chief technology officer resigns Jan 8, 2008
The separation agreement Elter and fuel-cell developer Plug entered into calls for Elter to receive his salary of $267,671 for a year. Elter will also receive one year of accelerated vesting of all options and shares of restricted stock held by him. (Albany Business Review, NY)
ALL BUSINESS: New Year's Eve disclosures don't give investors much holiday cheer Jan 5, 2008
But that doesn't make much sense given that the company says in its securities filing that its separation agreement with Ernst had been entered three days before on Dec. 28. Ernst resigned in November as chairman, CEO and president of the Kansas City, Mo. (San Diego Union-Tribune -- Business)
Former H&R Block CEO to get $2.55M severance Jan 3, 2008
The company also said that William L. Trubeck, who resigned as chief financial officer last month, will receive a $900,000 cash severance payment - among other benefits - as part of a separation agreement. BUSINESS UPDATE. (AZCentral -- Business)
Changes in Bloomer, bus crash trial, Hakes murder top stories of 2007 Jan 1, 2008
As part of a separation agreement, he was paid by the city 5,317. 92 for accrued vacation time and 25,604. (Chippewa Falls Chippewa Herald, WI)
Bergerac signs exit deal with Bakers Jan 1, 2008
Michele Bergerac, in September as president and a director of Bakers Footwear Group Inc., inked a separation agreement and general release with the company Friday that entitles her to a year's salary of $350,000 payable in 26 biweekly installments, Bakers said in a regulatory filing Monday. If Bergerac hasn't accepted employment prior to the end of those initial payments, Bakers has agreed to pay her up to $175,000 over six months in 13 biweekly installments, according to the filing. (St. Louis Business Journal, MO)
MMM meeting may turn fiery Dec 29, 2007
The company had no choice then but to buy out his service contract in accordance with the separation agreement and legal advice. The CEO's salary, as shown in Note 6 to the accounts, remained at about RM360,000. (The Star Online, Malaysia)
Student loan giant to sell $2.5 billion in stock, convertibles Dec 27, 2007
5 million cash payment as part of a separation agreement with the company. Moehn will also receive a $285,000 bonus, according to a filing with the Securities and Exchange Commission. (USA Today -- Money)
Edgewater police chief announces resignation Dec 22, 2007
Taves' departure ironed out in separation agreement ... Taves and Interim City Manager Tracey Barlow ironed out a separation agreement that relieved Taves of his duties Friday ... When he leaves in March, Taves will receive a "gross payout" of about $70,500, according to the separation agreement. (Daytona Beach News Journal)
Inmobiliaria Colonial Rises After Saying It Held Merger Talks With Gecina Dec 15, 2007
The French stock market regulator yesterday ruled that because the two investors will own more than 33 percent of Gecina following a separation agreement involving Metrovacesa SA, they broke the rules by failing to offer to buy out minority shareholders. Colonial owns almost 90 percent of French REIT Societe Fonciere Lyonnaise and, under legislation introduced this year, is obliged to reduce its stake to 60 percent or less by the end if 2008 if the Paris-based company is to retain its tax-exempt... (Bloomberg -- Europe)
Mom who left child in hot car leaves job at school district Dec 11, 2007
Under terms of a separation agreement approved Monday by the West Clermont School Board, Nesselroad-Slaby will not return to the school, said Superintendent Gary Brooks. The school board issued a statement saying the agreement will prevent further disruptions caused by the tragedy. (Cleveland.com -- News)
DWP to search for new leader Dec 6, 2007
Gruber entered into separation agreement negotiations with JPIA attorney Tom Davis, Foulkes said. However, Foulkes does not know the outcome of the negotiations. (Big Bear Grizzly, CA)
Sex case against ex-Buckeye official delayed Dec 1, 2007
In October, Wilcox signed a separation agreement with Buckeye, nine months into a two-year contract. The Town Council kept him on the payroll as a consultant until Dec. 31 but he was placed on paid leave after the arrest. (AZCentral -- News)
Former KLA General Counsel Finds Life After Backdating Nov 28, 2007
MIPS said in a separation agreement that, other than being named with other executives in a derivative suit, the company knows of no investigations relating to Rundle. Nichols was not available for comment, but Novellus' Collins said MIPS deserves some praise for giving Nichols a job. (Law.com)
Bear Stearns Former President Warren Spector Will Get at Least $23 Million Nov 22, 2007
Spector, who resigned on Aug. 5, will remain as an employee until Dec. 28, according to a separation agreement reached with the firm last week and disclosed in a regulatory filing today. He won't receive a severance package. (Bloomberg -- US)
More of this story Nov 21, 2007
Kempen authorized his attorney to see if a separation agreement was in everyone's best interest, the letter continues, "in light of the fact that that appears to be the inevitable objective of certain town authorities.". Council members who did comment on the situation Monday said it was unclear where the accusations were coming from in the letter. (Newport Daily News, RI)
For ousted Citigroup chief, a bonus of $12.5 million Nov 12, 2007
Prince's big payout can be found buried deep in paragraph 4(d) of his 10-page separation agreement with the company filed late Thursday night. It states that he is entitled to a "prorated incentive award" that adjusts his 2006 bonus based on the 2007 shareholder returns. (International Herald Tribune)
Buckeye reviews deal with ex-manager Nov 12, 2007
"That will be a review of how the situation impacts his employment contract and the separation agreement." ... Under Wilcox's separation agreement, the council retained him as a consultant until Dec. 31 at his current salary and agreed to pay him $66,000 in January, plus health benefits for five months. (AZCentral -- News)
Buckeye ex-manager on leave after arrest Nov 8, 2007
On Oct. 2, the Buckeye Town Council approved a separation agreement with Wilcox but retained him as a special consultant until Dec. 31 ... "We don't know what action we're going to take at the time," he said, repeating that a confidentiality clause in the separation agreement prevented him from elaborating on Wilcox's removal nine months into his two-year contract. (AZCentral -- News)
Search For New AD Ushers In New Era At FSU Nov 1, 2007
" Since Hart finalized what he calls an "amicable separation agreement" with the university last week, both he and Wetherell have downplayed any personality or philosophical conflicts that exist between the two. "We've had differences of opinions on certain issues, but neither one of us have aired those issues in public," Wetherell said. "We may fuss and fume behind the scenes like any good staff does, but when we came out, we came out with one point of view. " In the meantime, Hart's contract... (Tampa Bay Online, FL -- Sports)
Bank exec's departure package includes money for party Oct 31, 2007
Mr. Riesers separation agreement with MB calls for a departure party, for which MB shall provide reasonable funding with the attendance list and arrangements to be made by (Mr ... Its unusual for a company to spell out in that level of detail what theyre providing in a separation agreement, said Don Delves, president of Delves Group, a Chicago-based executive compensation consulting firm ... Language elsewhere in the separation agreement suggests that MB executives will shed few tears... (Crain's Chicago Business)
Hart Proud FSU Achieved Many Athletic Goals Oct 31, 2007
" The simple maxim directed Hart during his 13 years as head of FSU's athletic department, a period of growth highlighted by drastic upgrades in the school's athletic facilities, an explosion of financial support from boosters and alumni, and a renewed commitment to Olympic and women's sports. Hart also worked closely with the Atlantic Coast Conference to boost the ACC's profile in the state of Florida, helping Tampa land the 2007 ACC men's basketball tournament and Jacksonville the ACC football... (Tampa Bay Online, FL -- Sports)
Proctor named FSU interim athletic director Oct 28, 2007
Hart, who made $650,000 annually, reached a "mutually acceptable and amicable" separation agreement Thursday and will receive a lump-sum $475,000 payment in addition to the balance of an annuity fund maintained by the FSU Foundation. Proctor, 74, is the Flagler College chancellor and second-term legislator in the Florida House of Representatives. (The St. Augustine Record)
