Common use of Indemnification; Directors’ and Officers’ Liability Insurance Clause in Contracts

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO Dated: August 12, 2020 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Dated: August 12, 2020 1. RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

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Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Xxxxx Xxxxxxxxxxx Name: Xxxx Xxxxxxxx Xxxxx Xxxxxxxxxxx Title: CEO President Dated: August 12January 4, 2020 2024 Accepted and Agreed: /s/ Xxxxxx /s/Xxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxxx Dated: August 12January 4, 2020 1. 2024 Exhibit A RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxx Xxxxxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in Xx. Xxxxxxx September 1, 2020 commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO Dated: August 12, 2020 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Xxxxxxx Xxxxxxx Dated: August 12, 2020 1. RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] 202_ (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx Xxxxxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in Xx. Xxxxxxxxxxx September 1, 2020 commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO Dated: August 12, 2020 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Xxxxxxxxx X.X. Groenhuysen Wilhelmus X.X. Xxxxxxxxxxx Dated: August 12, 2020 1. RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx (the “Executive”).2020

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] Exhibit 10.1 We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC Novocure GmbH By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO Dated: August 12October 29, 2020 2024 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Xxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxx Xxxxxxxxx Dated: August 12October 29, 2020 1. 2024 Exhibit 10.1 EXHIBIT A RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC [COMPANY] (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx [FIRST_NAME] [LAST_NAME] (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx /s/Xxxxx Xxxxxxxxxxx Name: Xxxx Xxxxxxxx Xxxxx Xxxxxxxxxxx Title: CEO President Dated: August 12January 4, 2020 2024 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxx Xxxxxxx Xxxx Dated: August 12January 4, 2020 1. 2024 Exhibit A RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx Xxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s 's and/or Parent’s 's governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys' fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ By:/s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO DatedDate: August 12February 23, 2020 2017 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Dated: August 12, 2020 1. RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx (the “Executive”).Xxxx Xxxxxxxxxx

Appears in 1 contract

Samples: Employee Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO Dated: August 12May 3, 2020 2023 Accepted and Agreed: /s/ Xxxxxx Xxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxxx Dated: August 12May 3, 2020 1. 2023 RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxx Xxxxxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

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Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as Exhibit 10.1 applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: __/s/ Xxxx Xxxxxxxx Xxxxxx Xxxxxxx Name: Xxxx Xxxxxxxx Xxxxxx Xxxxxxx Title: CEO Chief Financial Officer Dated: August 1230, 2020 2024 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx _/s/Xxxxxxxxx Xxxxxxxxxxx_____ Xxxxxxxxx Xxxxxxxxxxx Dated: August 1230, 2020 1. 2024 Exhibit 10.1 EXHIBIT A RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx Xxxxx Xxxxxxxxxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreementcertificate of incorporation, articles of association and/or bylaws, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally Xx. Xxxxx May 11, 2016 Page 14 determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board board of directors of the Company (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Parent, the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find Notwithstanding the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth foregoing, nothing in this Agreement by signing is intended to expand or limit any right to indemnification and/or coverage under applicable directors and officers liability insurance to which you were entitled immediately prior to the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: CEO Dated: August 12, 2020 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Dated: August 12, 2020 1. RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] (the “Effective Date”), including, without limitation, pursuant to that certain Indemnification Agreement between Novocure USA LLC (including you and the Parent, dated as of March 17, 2016, which shall remain in full force and effect pursuant to its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx (the “Executive”)terms.

Appears in 1 contract

Samples: Release Agreement (Novocure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s and/or Parent’s governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys’ fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your continued employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Xxxx Xxxxxxxx Xxxxxxx Xxxxx Name: Xxxx Xxxxxxxx Xxxxxxx Xxxxx Title: CEO Chief Human Resources Officer Dated: August 12April 1, 2020 2022 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Xxxx Xxxxxxxxxx Xxxx Xxxxxxxxxx Dated: August 12April 1, 2020 1. 2022 EXHIBIT A RELEASE AGREEMENT This RELEASE AGREEMENT (“Agreement”) made this [ ], [ ] 202_ (the “Effective Date”), between Novocure USA LLC (including its successors and assigns, the “Company”), and Xxxxxx Xxxxxxx Xxxx Xxxxxxxxxx (the “Executive”).

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. In addition to any rights to indemnification to which you may be entitled under the Company’s 's and/or Parent’s 's governing documents or other agreement, the Company and/or Parent (as applicable) shall indemnify you at all times during and after your employment terminates for any reason to the maximum extent permitted under applicable law, including its provisions regarding advancement of costs and attorneys' fees, in connection with any action, suit, investigation or proceeding based in whole or in part upon your actions, inaction, or status as an employee, officer, or director of any member of the Novocure Group, except to the extent it is finally determined by a court of competent jurisdiction that you are either not entitled to indemnification hereunder or otherwise or that any such action or inaction by you that gave rise to any such action, suit, investigation or proceeding arose out of your own gross negligence, willful misconduct or fraud. The Company and/or Parent shall maintain directors and officers liability insurance in commercially reasonable amounts (as reasonably determined by the Board or the Parent Board (as applicable)), and you shall be covered under such insurance to the same extent as any other Xx. Xxxxxxx September 1, 2020 Page 14 senior executives of the Company and/or the Novocure Group, both during employment and thereafter while potential liability exists. [Remainder of page intentionally blank] We hope that you find the foregoing terms and conditions acceptable. You may indicate your agreement with the terms and conditions set forth in this Agreement by signing the enclosed duplicate original of this Agreement and returning it to me. We look forward to your employment with the Company. Very truly yours, NOVOCURE USA LLC By: /s/ Pxxxxxx Xxxx Name: Pxxxxxx Xxxx Title: Chief Commercial Officer EXECUTIVE By: /s/ Axxx Xxxxxxxx Name: Xxxx Axxx Xxxxxxxx Title: CEO Dated: August 12July 25, 2020 Accepted and Agreed: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx Dated: August 12, 2020 1. 2018 Exhibit A RELEASE AGREEMENT This RELEASE AGREEMENT ("Agreement") made this [ ], [ [] (the "Effective Date"), between Novocure USA LLC (including its successors and assigns, the "Company"), and Xxxxxx Xxxxxxx Pxxxxxx Xxxx (the "Executive").

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

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