Severance Plan Sample Contracts

Twilio Inc – Twilio Inc. Amended and Restated Executive Severance Plan (August 11th, 2017)
Imperva, Inc. Severance Plan (August 10th, 2017)

The Company has adopted this Imperva, Inc. Severance Plan (this Plan) for the benefit of certain employees of the Company and its Affiliates, on the terms and conditions set forth in this Plan.

Jagged Peak Energy Inc. – Jagged Peak Energy Inc. Executive Severance Plan (August 10th, 2017)
2017 Executive Severance Plan (Effective July 20, 2017) (August 9th, 2017)
Horace Mann Educators Corporation – Horace Mann Service Corporation Executive Severance Plan Schedule a Participants (August 8th, 2017)
The Aes Corporation Amended and Restated Severance Plan And (August 8th, 2017)
Mallinckrodt Pharmaceuticals Severance Plan for U.S. Officers and Executives (August 8th, 2017)
The Aes Corporation Amended and Restated Executive Severance Plan and Summary Plan Description (August 8th, 2017)
CDK Global, Inc. – Cdk Global, Inc. Third Amended and Restated Change in Control Severance Plan for Corporate Officers (August 8th, 2017)

The purpose of this Third Amended and Restated Change in Control Severance Plan for Corporate Officers (the "Plan") is to enable CDK Global, Inc., a Delaware corporation (the "Company"), to offer a form of income protection to "Participants" (as defined in Section 1.1 below) in the event their employment with the Company terminates under certain circumstances due to a "Change in Control" (as defined in Section 8.3 below). The Plan, which was established effective as of September 30, 2014 and amended and restated effective as of September 9, 2015 and August 9, 2016 (the "Prior Plan"), is hereby amended and restated effective as of August 8, 2017; provided, however, that in accordance with Section 5.1 below, no provision herein that provides for a reduction of benefits from the Prior Plan shall be effective with respect to any individual Participant who suffers a Qualifying Termination prior to February 5, 2018. Subject to proviso in the immediately preceding sentence, the Plan, as amend

Mallinckrodt Pharmaceuticals Change in Control Severance Plan for Certain U.S. Officers and Executives (August 8th, 2017)
Tripadvisor, Inc. Executive Severance Plan and Summary Plan Description (August 8th, 2017)

TripAdvisor, Inc. hereby establishes the TripAdvisor, Inc. Executive Severance Plan and Summary Plan Description (the "Plan") for the benefit of certain employees of TripAdvisor, Inc. and its subsidiaries (collectively, the "Company"). The purpose of the Plan is to provide certain designated employees with benefits in the event that the employee's employment is terminated under circumstances entitling the employee to such benefits, as described herein. The Plan is an unfunded welfare benefit plan for a select group of management or highly compensated employees that is intended to qualify for the exemptions provided in ERISA Sections 201, 301 and 401 and Department of Labor Reg. SS2520.104-24. This Plan supersedes all prior policies and practices of the Company with respect to severance or separation pay for participating employees whose employment is terminated on or after the Effective Date (as defined below).

TEGNA Inc. Executive Severance Plan (August 7th, 2017)
2015 Change in Control Severance Plan (August 7th, 2017)
UGI Corporation – Severance Plan (August 4th, 2017)
Ugi Utilities Inc – Severance Plan (August 4th, 2017)
AmeriGas Partners, L.P. – Amerigas Propane, Inc. Senior Executive Employee Severance Plan (August 4th, 2017)
Amendment One to the Lifepoint Hospitals, Inc. Change in Control Severance Plan (August 1st, 2017)

This Amendment One is made to the LifePoint Hospitals, Inc. Change in Control Severance Plan (the "Plan") by LifePoint Health, Inc. (the "Company") on this 23rd day of June, 2017.

Synchrony Financial Executive Severance Plan (July 28th, 2017)

This document constitutes the Synchrony Financial Executive Severance Plan (the "Plan"). The Plan is intended to secure the continued services and ensure the continued dedication of the Participants. The purpose of the Plan is to provide benefits to a group of employees of the Company and its participating Affiliates that constitutes a "select group of management or highly compensated employees" within the meaning of Department of Labor Regulation SS2520.104-24.

Amendment 2 to the Edwards Lifesciences Corporation Severance Plan (July 28th, 2017)

Pursuant to Article VI of the Edwards Lifesciences Corporation Severance Plan, restated effective January 1, 2013 (the "Plan"), the Corporate Vice President of Human Resources hereby amends the Plan effective January 1, 2017 as follows:

Nuvasive, Inc. Amended and Restated Executive Severance Plan (July 27th, 2017)

NuVasive, Inc. ("NuVasive" or the "Company") hereby adopts the Amended and Restated NuVasive, Inc. Executive Severance Plan and Summary Plan Description as set forth herein (the "Plan"), to provide severance benefits to eligible executives of NuVasive whose employment is terminated involuntarily under certain circumstances. The Plan is effective as of July 26, 2017, and supersedes any and all other severance plans, policies or practices and all prior versions of this Plan. All benefit determinations under the Plan and interpretation of Plan provisions will be made by NuVasive (or its designee) in its sole discretion as Plan Administrator. The Plan is described in further detail below.

2010 VISTEON EXECUTIVE SEVERANCE PLAN (Effective June 7, 2017) ARTICLE I. PURPOSE (July 27th, 2017)
Venator Materials PLC – Form of Venator Materials Executive Severance Plan (July 14th, 2017)
Diversey Enhanced Severance Plan (July 10th, 2017)

Diversey, Inc. (the Plan Sponsor) hereby adopts the Diversey Enhanced Severance Plan (the Plan), to become effective upon the closing date (the Effective Date) of the transactions contemplated by the Purchase Agreement between Sealed Air Corporation and Diamond (BC) B.V. dated March 25, 2017, providing for the sale (the Sale) of Sealed Air Corporations Diversey Care division and the food and hygiene and cleaning business within its Food Care division, including the Plan Sponsor. In the event the Sale does not close, the Plan shall be void ab initio and of no further force and effect.

ClubCorp Holdings, Inc. – CLUBCORP USA, INC. CHANGE OF CONTROL SEVERANCE PLAN and Summary Plan Description (July 10th, 2017)

WHEREAS, ClubCorp USA, Inc. (the "Company"), has established this ClubCorp, Inc. Change of Control Severance Plan (the "Plan"), effective July 9, 2017 (the "Effective Date"), for the benefit of certain Eligible Employees. The purpose of this Plan is to provide severance benefits to Participants who experience a qualifying termination in connection with a Change of Control occurring on or after the Effective Date.

ClubCorp Holdings, Inc. – CLUBCORP USA, INC. CHANGE OF CONTROL SEVERANCE PLAN and Summary Plan Description (July 10th, 2017)

WHEREAS, ClubCorp USA, Inc. (the "Company"), has established this ClubCorp, Inc. Change of Control Severance Plan (the "Plan"), effective July 9, 2017 (the "Effective Date"), for the benefit of certain Eligible Employees. The purpose of this Plan is to provide severance benefits to Participants who experience a qualifying termination in connection with a Change of Control occurring on or after the Effective Date.

Titan Technologies Corp – TIVO CORPORATION EXECUTIVE SEVERANCE PLAN AND SUMMARY PLAN DESCRIPTION (Effective July 7, 2017) (July 7th, 2017)

The TiVo Corporation Executive Severance Plan (the "Plan") is established by TiVo Corporation (the "Company"), originally effective as of July 7, 2017 (the "Effective Date"). The Plan provides severance benefits to specified eligible executive employees of the Company, its subsidiaries, and any successor thereto by merger, consolidation or otherwise (collectively, "TiVo").

Invitation Homes Inc. – INVITATION HOMES INC. EXECUTIVE SEVERANCE PLAN (For Senior Vice Presidents and Above) Plan Document/Summary Plan Description (June 29th, 2017)

Invitation Homes Inc. (the "Company") has adopted this Executive Severance Plan (the "Plan") for the benefit of certain management employees of the Company and its subsidiaries (hereinafter referred to as the "Company Group"), on the terms and conditions hereinafter stated. Participation in this Plan is generally intended to be limited to those management employees designated as eligible for the Plan by the Committee who receive and return a Participation Notice and Agreement in the form attached hereto as Exhibit A.

Southern National Bancorp of Virginia, Inc. – Executive Severance Plan and Summary Plan Description (June 26th, 2017)
THIS PLAN IS SUBJECT TO ARBITRATION PURSUANT TO S.C. CODE ANN. SS 15-48-10, Et Seq., THE SOUTH CAROLINA UNIFORM ARBITRATION ACT SCANSOURCE, INC. EXECUTIVE SEVERANCE PLAN (June 21st, 2017)

ScanSource, Inc., a South Carolina corporation (the Company), has adopted this ScanSource, Inc. Executive Severance Plan (the Plan), effective as of July 1, 2017, for the benefit of selected executive officers of the Company, on the terms and conditions stated herein.

Cars.com Inc. – CARS.COM Inc. Change in Control Severance Plan (June 20th, 2017)
Cars.com Inc. – CARS.COM Inc. Executive Severance Plan (June 20th, 2017)
Forest City Realty Trust, Inc. – Forest City Employer, LLC Severance Plan And (June 14th, 2017)

This document is the Plan document for the Severance Plan, as prescribed by the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and is also intended to satisfy the requirements for a summary plan description under ERISA, a body of law enacted by Congress to safeguard your interests and those of your beneficiaries. ERISA does not require an employer to provide benefits; however, it does provide you with certain rights when you participate in certain benefit plans. This document explains whether you are eligible to receive benefits under the Severance Plan, the amount of benefits you may receive, how your benefits will be paid, your rights under ERISA, and various other administrative information.

Bonanza Creek Energy Inc. – Bonanza Creek Energy, Inc. Fourth Amended and Restated Executive Change in Control and Severance Plan (June 12th, 2017)
Ascena Retail Group – ASCENA RETAIL GROUP, INC. EXECUTIVE SEVERANCE PLAN Amended and Restated Effective as of June 8, 2017 INTRODUCTION (June 8th, 2017)

The purpose of the Plan is to enable the Company to offer certain protections to a select group of management or highly compensated employees (as determined in accordance with Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA) if their employment with the Employer is terminated under the circumstances described herein. The Plan was initially adopted effective as of March 3, 2010, was subsequently amended and restated effective as of September 23, 2014 December 9, 2015, and March 2, 2016 and amended as of December 7, 2016. The Plan is subsequently amended and restated in the form herein, effective as of June 8, 2017.

Ascena Retail Group – ASCENA RETAIL GROUP, INC. EXECUTIVE SEVERANCE PLAN Amended and Restated Effective as of March 2, 2016 INTRODUCTION (June 8th, 2017)

The purpose of the Plan is to enable the Company to offer certain protections to a select group of management or highly compensated employees (as determined in accordance with Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA) if their employment with the Employer is terminated under the circumstances described herein. The Plan was initially adopted effective as of March 3, 2010, was subsequently amended and restated effective as of September 23, 2014 and as of December 9, 2015, and is subsequently amended and restated in the form herein effective as of March 2, 2016.