Amended and Restated Employment Agreement (November 22nd, 2011)
AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the Agreement) by and between AmerisourceBergen Corporation, a Delaware corporation (hereinafter the Company), and David W. Neu (the Executive), dated and effective as of December 15, 2008.
January 7, 2009 PERSONAL AND CONFIDENTIAL To: David W. Neu (November 22nd, 2011)
This letter is being provided to you because you recently entered into an amended and restated employment agreement with AmerisourceBergen Corporation (the Company) dated December 15, 2008 (the Agreement). The amendment and restatement of your employment agreement was undertaken principally to ensure that the terms of the agreement are structured to enable you to avoid the adverse tax consequences that would result from a violation of Section 409A of the Internal Revenue Code (Section 409A). This letter is intended to clarify and supplement your rights under the Agreement in the event the Company terminates your employment without Cause or you resign your employment with the Company for Good Reason. All capitalized terms used in this letter that are not defined in this letter shall have the meanings ascribed to them in the Agreement.