EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • January 27th, 2016 • TYCO INTERNATIONAL PLC • Services-miscellaneous business services • Wisconsin
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 following the consummation of the transactions contemplated by the Agreement and Plan of Merger dated as of January 24, 2016, entered into by and among Johnson Controls, Inc., a Wisconsin corporation, the Company, and Jagara Merger Sub, LLC, a Wisconsin limited liability company and an indirect wholly owned subsidiary of the Company (the “Merger Agreement”, and the consummation of such transactions, the “Merger”). The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by the Merger and to encourage the Executive’s full attention and dedication to the Company following the Merger, and to provide the Executive with titles, positions and compensation and benefits arrangements followin
