These excerpts taken from the MGPI 10-Q filed May 11, 2009.
WHEREAS, the undersigned employee wishes to voluntarily resign employment with MGP Ingredients, Inc.;
WHEREAS, this Separation Agreement and Release of Claims (Agreement) is dated as of April 17, 2009, is by and between Robert Zonneveld (Employee) and MGP Ingredients, Inc. (Employer), and shall be effective upon the expiration of the Agreements revocation period;
WHEREAS, MGP Ingredients is making available to the undersigned employee a separation benefit in recognition of Employees efforts in the restructuring of Employer and conditioned upon a release of all claims by the undersigned employee; and
WHEREAS, the undersigned employee is not entitled otherwise to any separation benefit and wishes to accept the separation benefit described below.
The undersigned employee agrees as follows:
1. In exchange for the separation benefit described below, Robert Zonneveld (Employee) releases and forever discharges MGP Ingredients, Inc., its predecessors, successors, assigns, officers, directors, stockholders, agents, employees, and all related or subsidiary companies or divisions (collectively referred to as Employer) from all claims, demands, suits, grievances, liabilities, or causes of action of any kind whatsoever now existing including but not limited to those that in any way