Change in Control Severance Agreement Sample Contracts

Aegion Corp – AEGION CORPORATION CHANGE IN CONTROL SEVERANCE AGREEMENT (August 2nd, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT is made, entered into, and is effective this 24th day of June 2019 (hereinafter referred to as the “Effective Date”), by and between Aegion Corporation (the “Company”), a Delaware corporation, and John L. Heggemann (the “Officer”).

Highlands REIT, Inc. – CHANGE IN CONTROL SEVERANCE AGREEMENT (July 12th, 2019)

This Change in Control Severance Agreement (“Agreement”) is made effective as of July 8, 2019, by and between Highlands REIT, Inc., a Maryland corporation (the “Company”), and Kimberly A. Karas (“Employee”).

Plymouth Industrial REIT Inc. – PLYMOUTH INDUSTRIAL REIT, INC. Change In Control Severance Agreement (June 24th, 2019)

THIS SEVERANCE AGREEMENT, (the “Agreement”) is entered into as of June 19, 2019 (the “Effective Date”), by and between Plymouth Industrial REIT, Inc., a Maryland corporation (the “Company”), and the undersigned officer (the “Executive”).

Plymouth Industrial REIT Inc. – PLYMOUTH INDUSTRIAL REIT, INC. Change In Control Severance Agreement (June 24th, 2019)

THIS SEVERANCE AGREEMENT, (the “Agreement”) is entered into as of June 19, 2019 (the “Effective Date”), by and between Plymouth Industrial REIT, Inc., a Maryland corporation (the “Company”), and the undersigned officer (the “Executive”).

Plymouth Industrial REIT Inc. – PLYMOUTH INDUSTRIAL REIT, INC. Change In Control Severance Agreement (June 24th, 2019)

THIS SEVERANCE AGREEMENT, (the “Agreement”) is entered into as of June 19, 2019 (the “Effective Date”), by and between Plymouth Industrial REIT, Inc., a Maryland corporation (the “Company”), and the undersigned officer (the “Executive”).

Mid Penn Bancorp Inc – AMENDMENT NO. 2 TO CHANGE IN CONTROL SEVERANCE AGREEMENT (May 24th, 2019)

THIS AMENDMENT NO. 2 TO CHANGE IN CONTROL SEVERANCE AGREEMENT (“Amendment”) is made as of the 22nd day of May, 2019, by and between _________ (“Executive”) and MID PENN BANCORP, INC. (the “Company”).

HomeTrust Bancshares, Inc. – CHANGE IN CONTROL SEVERANCE AGREEMENT OF MARTY CAYWOOD (May 9th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of this first day of April 2019, by and between HomeTrust Bancshares, Inc, Asheville, North Carolina (hereinafter referred to as the “Company”) and Marty Caywood (the “Employee”).

Gogo Inc. – FORM OF CHANGE IN CONTROL SEVERANCE AGREEMENT (May 9th, 2019)

This Change in Control Severance Agreement is entered into on this 6th day of March 2013 (this “Agreement’’) by and between Gogo Inc., a Delaware corporation (the “Company’’), and Marguerite M. Elias (“Executive’’). Certain capitalized terms used herein have the meanings given to them in Section 16 hereof.

Emmis Communications Corp – EMMIS OPERATING COMPANY CHANGE IN CONTROL SEVERANCE AGREEMENT (May 9th, 2019)

THIS EMMIS OPERATING COMPANY CHANGE IN CONTROL SEVERANCE AGREEMENT (the “Agreement”) is entered into, effective March 1, 2016 (the “Effective Date”), by and between EMMIS OPERATING COMPANY, an Indiana corporation (the “Company”), and Paul V. Brenner (“Executive”).

Gogo Inc. – AMENDMENT NUMBER ONE TO CHANGE IN CONTROL SEVERANCE AGREEMENT (May 9th, 2019)

This Amendment to the Change in Control Severance Agreement (the “Amendment”) between Gogo LLC (f/k/a Aircell LLC) (the “Company”) and Margee Elias (the “Executive”) is dated as of November 30, 2017.

Westar Energy Inc /Ks – CHANGE IN CONTROL SEVERANCE AGREEMENT (May 8th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT is dated as of _______________________________, between Evergy, Inc., a Missouri corporation (“Evergy”), and _______________________________ (“Executive”).

Xperi Corp – CHANGE IN CONTROL SEVERANCE AGREEMENT (May 8th, 2019)

This Change in Control Severance Agreement (“Agreement”) is made by and between Xperi Corporation, a Delaware corporation (the “Company”), and _________ (“Executive”), effective as of ______, ____ (such date, the “Effective Date”).  For purposes of this Agreement (other than Section 1(c) below), the “Company” shall mean the Company and its subsidiaries.

Equinix Inc – CHANGE IN CONTROL SEVERANCE AGREEMENT (May 3rd, 2019)

THIS AGREEMENT is entered into as of June 23, 2016 (the “Effective Date”) by and between Mike Campbell (the “Executive”) and EQUINIX, INC., a Delaware corporation (the “Company”).

Parsons Corp – PARSONS CORPORATION CHANGE IN CONTROL SEVERANCE AGREEMENT (April 29th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made and entered into on this April 5, 2019 (the “Effective Date”), by and between Parsons Corporation, a Delaware corporation (hereinafter referred to as the “Company”) and Charles L. Harrington (the “Executive”).

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 24th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between Lawrence David Swift, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 24th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between James R. Segreto, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 24th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between Gerard Marrone, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 24th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between Kori G. Belzer, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 15th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between Kori G. Belzer, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 15th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between James R. Segreto, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 15th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between Gerard Marrone, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Spar Group Inc – FIRST AMENDMENT TO Amended and Restated Change in Control Severance Agreement Dated as of November 8, 2018 (April 15th, 2019)

This First Amendment to Amended and Restated Change in Control Severance Agreement (this "Amendment"), dated as of November 8, 2018 (the "Amendment Date"), is by and between Lawrence David Swift, an individual (the "Employee"), and SPAR Group, Inc., a Delaware corporation ("SGRP", the "Company" or the "Corporation"). The Employee and Company may be referred to individually as a "Party" and collectively as the "Parties".

Parsons Corp – PARSONS CORPORATION CHANGE IN CONTROL SEVERANCE AGREEMENT (April 12th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made and entered into on this April 5, 2019 (the “Effective Date”), by and between Parsons Corporation, a Delaware corporation (hereinafter referred to as the “Company”) and Charles L. Harrington (the “Executive”).

Parsons Corp – PARSONS CORPORATION CHANGE IN CONTROL SEVERANCE AGREEMENT (April 12th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made and entered into on this February 7, 2019 (the “Effective Date”), by and between Parsons Corporation, a Delaware corporation (hereinafter referred to as the “Company”) and George Ball (the “Executive”).

Seachange International Inc – CHANGE IN CONTROL SEVERANCE AGREEMENT (April 12th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”), dated as of October 18, 2018, by and between SeaChange International, Inc., with its principal place of business at 50 Nagog Park, Acton, MA 01720 (the “Company”), and Marek Kielczewski (the “Executive”).

Parsons Corp – PARSONS CORPORATION CHANGE IN CONTROL SEVERANCE AGREEMENT (April 12th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made and entered into on this March 9, 2019 (the “Effective Date”), by and between Parsons Corporation, a Delaware corporation (hereinafter referred to as the “Company”) and Carey Smith (the “Executive”).

Seachange International Inc – CHANGE IN CONTROL SEVERANCE AGREEMENT (April 12th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”), dated as of January 1, 2019, by and between SeaChange International, Inc., with its principal place of business at 50 Nagog Park, Acton, MA 01720 (the “Company”), and Yossi Aloni (the “Executive”).

Parsons Corp – PARSONS CORPORATION CHANGE IN CONTROL SEVERANCE AGREEMENT (April 12th, 2019)

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made and entered into on this February 7, 2019 (the “Effective Date”), by and between Parsons Corporation, a Delaware corporation (hereinafter referred to as the “Company”) and Michael Kolloway (the “Executive”).

Shutterfly Inc – CHANGE IN CONTROL SEVERANCE AGREEMENT (April 4th, 2019)

This CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of August 21, 2017, by and between LIFETOUCH INC., a Minnesota corporation (“Lifetouch”) and Michael Meek, a resident of the state of Minnesota (“Executive”).

Stewardship Financial Corp – CHANGE IN CONTROL SEVERANCE AGREEMENT (March 15th, 2019)

THIS AGREEMENT, dated as of November 12, 2013, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and Paul Van Ostenbridge (the “Executive”).

Stewardship Financial Corp – CHANGE IN CONTROL SEVERANCE AGREEMENT (March 15th, 2019)

THIS AGREEMENT, dated as of March 21, 2017, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and Julie Holland (the “Executive”).

Stewardship Financial Corp – CHANGE IN CONTROL SEVERANCE AGREEMENT (March 15th, 2019)

THIS AGREEMENT, dated as of March 21, 2017, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and Gail Tilstra (the “Executive”).

Parke Bancorp, Inc. – MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT (March 15th, 2019)

THIS MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made on and as of this 19 day of July, 2016 (“Effective Date”), by and between Parke Bancorp, Inc. (“Company”), a corporation organized under the laws of the State of New Jersey which serves as a bank holding company, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, Parke Bank (“Bank”), a banking corporation organized under the laws of the State of New Jersey, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, and David O. Middlebrook (the “Executive”).

Stewardship Financial Corp – CHANGE IN CONTROL SEVERANCE AGREEMENT (March 15th, 2019)

THIS AGREEMENT, dated as of March 21, 2017, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and James Shields (the “Executive”).

Stewardship Financial Corp – CHANGE IN CONTROL SEVERANCE AGREEMENT (March 15th, 2019)

THIS AGREEMENT, dated as of November 12, 2013, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and Claire M. Chadwick (the “Executive”).