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Modine Manufacturing Company
1500 DeKoven Avenue
Racine, Wisconsin 53403-2552
Tel. 262.636.1200
Fax 262.636.1742
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Re:
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Termination of Employment
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52 weeks of severance pay at the same base rate paid to you prior to your termination, which is subject to applicable wage and tax deductions. Severance benefits will be paid on a bi-weekly basis.
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Modine will coordinate an executive outplacement program to support you in this career transition.
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Any earned but unused FY2020 vacation, minus typical wage and tax deductions, will be paid to you in a lump sum on your final active employee paycheck.
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If you file for unemployment compensation, it will not be contested by Modine. Eligibility will be determined by the state unemployment commission.
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Sincerely,
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Brian Agen
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Vice President, Human Resources
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