Thursday, July 13, 2006

A Wooden Severance Agreement

Hat Tip to Footnote.org for this furniture related item: a strange severance agreement that includes the office furniture.
The former chief legal officer of Mannatech (MTEX) asked for — and received — her office furniture as part of her severance agreement. That’s in addition to a consulting agreement that will pay her $10K a month for the next year. Oh, and there’s also her company car thrown in for good measure. But both of those are pretty standard compared to the office furniture, which the filing very specifically spells out as consisting of "the executive desk, executive chair and two side chairs".
Don't forget her computer. What's next?

Bev & Mike
Landfair Furniture + Design Gallery

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