Change of Control Retention and Severance Agreement (February 22nd, 2005)
This Change of Control Retention and Severance Agreement (the Agreement) is made and entered into as of [hire date] , 2004 (the Effective Date), by and between Cepheid and Robert Koska (the Executive). Capitalized terms used in this Agreement shall have the meanings set forth in Section 3 below.
February 2, 2005 (February 22nd, 2005)
I am very pleased to confirm our offer to you of employment with Cepheid (the Company). You will report to me in the position of Senior Vice President, Worldwide Sales and Marketing. This offer is contingent on the successful completion of an employment application and background and credit checks. The terms of our offer and the benefits currently provided by the Company are as follows: