Common Contracts
2 similar Change in Control contracts by Federal Mogul Corp, PPG Industries Inc
CHANGE IN CONTROL EMPLOYMENT AGREEMENTChange in Control • February 18th, 2010 • PPG Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • Pennsylvania
The Board of Directors of the Company (the “Board”), has determined that it is in the best interests of the Company and its shareholders to assure that the Company will have the continued dedication of the Executive, notwithstanding the possibility, threat or occurrence of a Change in Control (as defined below) of the Company. The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change in Control and to encourage the Executive’s full attention and dedication to the Company currently and in the event of any threatened or pending Change in Control, and to provide the Executive with compensation and benefits arrangements upon a Change in Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporations. Therefore, in order to accomplish these objectives, the Board has cau
CHANGE IN CONTROL EMPLOYMENT AGREEMENTChange in Control • February 4th, 2005 • Federal Mogul Corp • Motor vehicle parts & accessories • Michigan
AGREEMENT by and between Federal-Mogul Corporation, a Michigan corporation (the “Company”), and [Executive] (the “Executive”), dated as of the day of , 2005 (this “Agreement”).
