| 1 |
TERMINATION OF EMPLOYMENT
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| 1.1 |
The Parties agree that Executive’s employment with Employer shall formally terminate at the end of business hours on 31 October 2019 (the “Termination Date”).
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| 1.2 |
The Executive shall maintain and receive his salary and other benefits as set out in the Employment Agreement, up to and including the Termination Date.
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| 2 |
MISCELLANEOUS
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| 2.1 |
Executive confirms that he will not in any way dispute the termination of his employment with Employer and/or put forward any claims against Employer other than those set out in this Agreement.
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| 2.2 |
Executive confirms that this is full and final settlement and that he is not entitled to any severance payment as set out in the Employment Agreement or otherwise as a result of the termination of employment
with Employer.
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| 2.3 |
All payments made under this Agreement are subject to normal tax deductions.
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| Place, date: | Place, date: | ||
| /s/ Svein Moxnes Harfjeld | |||
| Svein Moxnes Harfjeld |
DHT Management Pte. Ltd.
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