Common Contracts
2 similar Executive Severance Agreement contracts by Fei Co
AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENT December 16, 2008Executive Severance Agreement • February 20th, 2009 • Fei Co • Laboratory analytical instruments • Oregon
FEI considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of FEI and its shareholders. FEI recognizes that, as is the case with many publicly held corporations, the possibility of a change of control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of FEI and its shareholders. In order to induce Executive to remain employed by FEI in the face of uncertainties about the long-term strategies of FEI and possible change of control of FEI and their potential impact on Executive’s position with FEI, this Amended and Restated Executive Severance Agreement (“Agreement”), which has been approved by the Board of Directors of FEI, sets forth the severance benefits that FEI will provide to Executive in the event Executive’s employment by FEI is terminated under the circumst
FORM OF AMENDED AND RESTATED EXECUTIVE SEVERANCE AGREEMENTExecutive Severance Agreement • February 20th, 2009 • Fei Co • Laboratory analytical instruments • Oregon
