Change in Control Severance Terms Sample Contracts
Jazz Pharmaceuticals Letterhead]Change in Control Severance Terms • November 5th, 2019 • Jazz Pharmaceuticals PLC • Pharmaceutical preparations
As was discussed with you, this letter agreement (the “Amendment”) provides the amended and restated terms covering your eligibility for cash severance benefits under certain circumstances related to a Change in Control. This Amendment is effective as of 15 May 2016, provided that it is signed by both you and Jazz Pharmaceuticals Ireland Limited by this date. This Amendment amends your contract of employment dated 14 May 2012 (the “Employment Contract”), and it supersedes and replaces the previous letter agreement dated 17 September 2012 which covered your eligibility for severance benefits. For purposes of this Amendment, you are referred to as the “Executive.” Your amended and restated severance benefits terms are set forth below.