Amended and Restated Change of Control Retention and Severance AgreementRetention and Severance Agreement • February 29th, 2008 • Cepheid • Laboratory analytical instruments • California
This Amended and Restated Change of Control Retention and Severance Agreement (the “Agreement”) is made and entered into as of February 1, 2008, by and between Cepheid and Peter Dailey (the “Executive”) and amends and restates in its entirety any Change of Control Retention and Severance Agreement by and between Cepheid and Executive existing prior to the date hereof. Capitalized terms used in this Agreement shall have the meanings set forth in Section 3 below.
December 31, 2007Cepheid • February 29th, 2008 • Laboratory analytical instruments • California
This letter confirms the agreement (“Agreement”) between you and Cepheid (“the Company”) (collectively, the “Parties”) concerning the terms of your retirement and the consulting arrangement described herein in exchange for a general release of claims and covenant not to sue.
