UNDERSTANDING OF SEPARATION BENEFITS
& GENERAL RELEASE AGREEMENT
This UNDERSTANDING OF SEPARATION BENEFITS & GENERAL RELEASE AGREEMENT (“Agreement”) is made by and between Gina Marie Eppich (hereinafter "Employee") and John. B. Sanfilippo & Son, Inc. and its affiliates, subsidiaries, predecessors, successors and assigns (hereinafter the "Company”); Employee and Company are referenced collectively herein as the “Parties” and individually as a “Party.”
RECITALS
WHEREAS, the Parties mutually agree and acknowledge that Employee’s Illinois-based at-will employment with the Company was involuntarily terminated due to the Employee’s position being eliminated on August 5th, 2025 (“Separation Date”), but her base salary will be paid through August 7th, 2025 (“Paid through Date”);
WHEREAS, during her employment, Employee was employed as Vice President, General Counsel and a Supervisor. “Supervisor” is hereby defined as any individual having authority, in the interest of the employer, to hire, transfer, suspend, lay off, recall, promote, discharge, assign, reward, or discipline other employees, or responsibly to direct them, or to adjust their grievances, or effectively to recommend such action, if in connection with the foregoing the exercise of such authority is not of a merely routine or clerical nature, but requires the use of independent judgment; and
WHEREAS, the Parties desire to fully and expeditiously resolve any and all potential claims, charges or issues of law or fact that have been raised or could have been raised, whether presently known or unknown, arising out of or in any way related to Employee’s employment with the Company, and without the Company acknowledging any liability whatsoever.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing Recitals, which are true and correct and incorporated into this Agreement as well as in consideration of the monies, mutual promises and mutual covenants contained herein, the Parties agree as follows:
1. In exchange for the promises of Employee contained in this Agreement, including the release of claims outlined in Section 2 below, the Company agrees to provide the following benefits to Employee, in each case conditioned on Employee not timely revoking this Agreement as contemplated by Section 15 below: