Employment Agreement for Gilles Pajot As Amended and Restated as of May 7, 2006Employment Agreement • October 24th, 2008 • Ims Health Inc • Services-computer processing & data preparation • Delaware
THIS EMPLOYMENT AGREEMENT (the “Agreement”) by and between IMS HEALTH INCORPORATED, a Delaware corporation (the “Company,” subject to Section 12(b)), and Gilles Pajot (“Executive”), which was first effective as of November 14, 2000 (the “Effective Date”) and thereafter amended and restated as of February 16, 2006 and again as of May 7, 2006 is hereby amended and restated in its entirety effective as of May 7, 2006 (the “Restatement Date”).
TIER-2 CHANGE-IN-CONTROL AGREEMENT FOR CERTAIN EXECUTIVES OF IMS HEALTH INCORPORATEDControl Agreement • October 24th, 2008 • Ims Health Inc • Services-computer processing & data preparation • Connecticut
The Company has determined that your ability to perform your responsibilities and utilize your talents for the benefit of the Company, and the Company’s ability to retain you as an employee, will be significantly enhanced if you are provided with fair and reasonable protection from the risks of a change in ownership or control of the Company. Accordingly, in order to induce you to remain in the employ of the Company, you and the Company agree to amend and restate this Change in Control Agreement (the “Agreement”) as follows effective as of November 1, 2008:
TIER-1 CHANGE-IN-CONTROL AGREEMENT FOR CERTAIN EXECUTIVES OF IMS HEALTH INCORPORATEDPersonal and Confidential • October 24th, 2008 • Ims Health Inc • Services-computer processing & data preparation • Connecticut
IMS Health Incorporated (the “Company”) considers it essential to the best interests of its stockholders to foster the continued employment of key management personnel. In this connection, the Board of Directors of the Company (the “Board”) recognizes that the possibility of a change in ownership or control of the Company may result in the departure or distraction of such personnel to the detriment of the Company and its stockholders. As you are a skilled and dedicated executive with important management responsibilities and talents, the Company believes that its best interests will be served if you are encouraged to remain with the Company.
