Subsidiaries Bound. To the extent that Executive is employed by a subsidiary of Verigy Ltd. and not by Verigy Ltd. itself, (i) Executive’s Base Salary and Target Bonus shall be the amounts as so defined as payable by Executive’s direct employer; and (ii) to the extent that Verigy Ltd. itself is not the direct employer or otherwise paying the benefits due to Executive under this Agreement, Verigy Ltd. shall cause the subsidiary directly employing Executive to make provide the benefits due to Executive under this Agreement.
Appears in 5 contracts
Samples: General Release and Agreement (Verigy Ltd.), Severance Agreement (Verigy Ltd.), Severance Agreement (Verigy Ltd.)
