Severance Protection Agreement Sample Contracts

SECOND AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • August 9th, 2011 • Century Aluminum Co • Primary production of aluminum • Delaware

THIS SECOND AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT (this “Agreement”) is made as of the 6th day of June, 2011, by and between the Company (as hereinafter defined), and Steve Schneider (the “Executive”).

EX-10.19 3 d272046dex1019.htm FORM OF SEVERANCE PROTECTION AGREEMENT SEVERANCE PROTECTION AGREEMENT SEVERANCE PROTECTION AGREEMENT dated , 20 by and between SAIC, Inc., a Delaware corporation (the “Company”), and (the “Executive”). PURPOSE
Severance Protection Agreement • May 5th, 2020 • Delaware

The Board of Directors of the Company (the “Board”) recognizes that the possibility of a Change in Control (as hereinafter defined) of the Company exists and that the threat or occurrence of a Change in Control may result in the distraction of its key management personnel because of the uncertainties inherent in such a situation.

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • August 13th, 2014 • Medicinova Inc • Pharmaceutical preparations • Delaware

SEVERANCE PROTECTION AGREEMENT, dated July 14, 2014, by and between MediciNova, Inc., a Delaware corporation (the “Company”), and Geoffrey O’Brien (the “Executive”).

AMENDMENT NUMBER 1 TO AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • March 16th, 2010 • Century Aluminum Co • Primary production of aluminum • California

THIS AMENDMENT NUMBER 1 to AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT (this “Amendment”) is made as of December 1, 2008, by and between Century Aluminum Company, a Delaware corporation (the “Company”), and William J. Leatherberry (the “Executive”).

AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • February 17th, 2009 • Axsys Technologies Inc • Optical instruments & lenses • Delaware

THIS AGREEMENT is made as of the 22nd day of December, 2008, by and between Axsys Technologies, Inc. (the “Company”) and Scott B. Conner (the “Executive”).

RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • December 30th, 2008 • ICF International, Inc. • Services-management consulting services • Virginia

THIS RESTATED SEVERANCE PROTECTION AGREEMENT dated December 29, 2008 (the “Agreement”), by and between ICF International, Inc., a Delaware corporation (the “Company”), and Sudhakar Kesavan (the “Executive”).

WITNESSETH:
Severance Protection Agreement • January 25th, 2006 • Century Aluminum Co • Primary production of aluminum • Delaware
MARKETAXESS HOLDINGS INC. SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • August 13th, 2021 • Marketaxess Holdings Inc • Security brokers, dealers & flotation companies • New York

THIS SEVERANCE PROTECTION AGREEMENT (the “Agreement”) is dated as of August 12, 2021 (the “Effective Date”), by and between MarketAxess Holdings Inc., a Delaware corporation (the “Company”), and Christopher Gerosa (the “Executive”).

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • February 27th, 2025 • Murphy Oil Corp • Crude petroleum & natural gas • Delaware

THIS AGREEMENT (the “Agreement”) made as of the [•] day of [•], [•] (the “Effective Date”), by and between Murphy Oil Corporation, a Delaware corporation, and its Successors and Assigns (collectively, the “Company”) and [•] (“Executive”). Unless otherwise indicated, capitalized terms used in this Agreement shall have the meanings as set forth in Section 15.

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • November 28th, 2005 • Superior Uniform Group Inc • Apparel & other finishd prods of fabrics & similar matl • Florida

THIS SEVERANCE PROTECTION AGREEMENT (the “Agreement”) made as of the 23rd day of November, 2005 (the “Effective Date”), by and between SUPERIOR UNIFORM GROUP, INC., a Florida corporation (the “Company”), and ANDREW D. DEMOTT, JR., an individual resident of the State of Florida (the “Executive”).

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • February 19th, 2010 • General Dynamics Corp • Ship & boat building & repairing • Delaware

SEVERANCE PROTECTION AGREEMENT dated , 20 , by and between General Dynamics Corporation, a Delaware corporation (the “Company”), and (the “Executive”).

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • February 23rd, 2023 • CommScope Holding Company, Inc. • Radio & tv broadcasting & communications equipment • North Carolina

THIS AGREEMENT (the “Agreement”) made as of the 4th day of October, 2022, by and between CommScope, Inc. (the “Corporation”), and Charles L. Treadway (the “Executive”).

AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • September 12th, 2013 • CommScope Holding Company, Inc. • Radio & tv broadcasting & communications equipment • North Carolina

WHEREAS, the Board of Directors of the Corporation (the “Board”) recognizes that the possibility of a Change in Control (as hereinafter defined) exists and that the threat or the occurrence of a Change in Control can result in significant distraction of the Corporation’s key management personnel because of the uncertainties inherent in such a situation;

EX-10.29 4 dex1029.htm FORM OF SEVERANCE PROTECTION AGREEMENT SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • May 5th, 2020 • Delaware

SEVERANCE PROTECTION AGREEMENT dated , 2005, by and between Science Applications International Corporation, a Delaware corporation (the “Company”), and (the “Executive”).

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • February 24th, 2005 • Axsys Technologies Inc • Optical instruments & lenses • Delaware

WHEREAS, the Board of Directors of the Company (the “Board”) recognizes that the possibility of a Change in Control (as hereinafter defined) exists and that the threat or the occurrence of a Change in Control can result in significant distraction of the Company’s key management personnel because of the uncertainties inherent in such a situation;

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • March 31st, 2009 • LiveWire Mobile, Inc. • Telephone & telegraph apparatus • Massachusetts

THIS AGREEMENT made as of the 6th day of June 2008, by and between NMS Communications Corporation (the “Company”) and Joel Hughes (the “Executive”).

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • October 5th, 2011 • Digitalglobe Inc • Communications services, nec • Colorado

This Severance Protection Agreement (the “Agreement”) is made and entered into by and between Timothy Hascall (the “Employee”) and DigitalGlobe, Inc., a Delaware corporation (the “Company”), effective as of September 30, 2011.

AMENDMENT NO. 1 TO AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • May 11th, 2009 • Axsys Technologies Inc • Optical instruments & lenses
Contract
Severance Protection Agreement • July 29th, 2011 • Entegris Inc • Plastics products, nec • Massachusetts

SEVERANCE PROTECTION AGREEMENT, effective as of May 13, 2011 (“Effective Date”), by and between ENTEGRIS, INC., a Delaware corporation (the “Company”), and GREGORY B. GRAVES (“Executive”).

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • May 9th, 2023 • Global Business Travel Group, Inc. • Transportation services • New York

This Severance Protection Agreement (this “Agreement”) is entered into as of November 29, 2021 by and between GBT US LLC, a Delaware limited liability company (the “Company”), and Eric J. Bock (the “Executive”). This Agreement shall become effective upon the Company or its ultimate parent entity (currently GBT JerseyCo Limited) having a class of common stock publicly traded on a national securities exchange, such as the New York Stock Exchange, or quoted on NASDAQ (the date on which this Agreement becomes effective is referred to herein as the “Effective Date”); provided, however, that if the Effective Date does not occur on or before July 31, 2022, then this Agreement shall be null and void ab initio and neither party hereto shall have any liabilities or obligations hereunder.

GULFMARK OFFSHORE, INC. SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • July 27th, 2016 • Gulfmark Offshore Inc • Oil & gas field machinery & equipment • Texas

THIS AGREEMENT (this “Agreement”) is entered into by and between GulfMark Offshore, Inc., a Delaware corporation (the “Company”), and David E. Darling (the “Executive”), effective as of April 6, 2016.

AMENDMENT NO. 2 TO AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • July 28th, 2009 • Axsys Technologies Inc • Optical instruments & lenses
FIRST AMENDMENT TO THE SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • June 24th, 2014 • Georgia-Carolina Bancshares, Inc • State commercial banks

This First Amendment to the Severance Protection Agreement (this “Amendment”) is made by and between FIRST BANK OF GEORGIA, a banking corporation chartered under the laws of the State of Georgia (the “Bank”) and REMER Y. BRINSON, III (the “Employee”), effective this 19th day of June, 2014 (the “Effective Date”):

December 20, 2006
Severance Protection Agreement • December 20th, 2006 • ICF International, Inc. • Services-management consulting services