Re: Change in Control Protection AgreementRestrictive Covenant Agreement • May 23rd, 2017 • Nutraceutical International Corp • Medicinal chemicals & botanical products • Utah
Nutraceutical International Corporation (the “Company”) recognizes that your continued employment and services contribute greatly to the success of the Company. In order to assure your continued services and attention to your employment duties without personal distraction in the event of a transaction that could result in a Change in Control (as such term is defined in the Company’s 2013 Long-Term Equity Incentive (the “Plan”)), the Company agrees, subject to the conditions and under the circumstances set forth in this letter agreement (this “Agreement”), to provide you with certain benefits upon and following the consummation of such a Change in Control.
