The Massachusetts Convention Center Authority board has signed a $500,000 severance agreement with CEO Marcel Vernon as a state committee launches an investigation into bombshell allegations of corruption.

“The Authority agrees to pay Mr. Vernon a severance payment in the gross amount of five hundred thousand dollars and zero cents ($500,000.00),” reads the agreement, sent first to the Herald. “The Severance Payment expressly includes all amounts due or allegedly due to Mr. Vernon under the Employment Agreement other than those referenced herein as well as in consideration of him waiving any non-contract claims that he may have, as discussed below.”

The agreement, already signed by both Vernon and the Board of Directors, comes as the Senate Committee on Post Audit & Oversight probes lead

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