Termination by the Company Other Than for Cause; Termination by the Executive for Good Reason. If the Executive’s employment hereunder is terminated by the Company during the Term other than for Cause, or by the Executive with Good Reason, in addition to the Accrued Amounts the Executive shall be entitled to: (i) a cash payment in each of the twelve (12) months following the Executive’s termination of employment equal to one-twelfth (1/12) of the sum of the Executive’s Base Salary and target Annual Bonus; provided, however, that if the Executive’s termination of employment pursuant to this Section 3.2(a) occurs within two (2) years following a “Change in Control” (as defined in the Company’s 2006 Stock Option Plan)) or the Executive reasonably demonstrates that the termination was In Anticipation Of a Change in Control, the Executive shall be entitled to a lump sum equal to two (2) times the sum of his Base Salary and target Annual Bonus (amounts paid pursuant to this clause (i) herein referred to as the “Severance Payment”); (ii) the Accrued Amounts and a pro-rata Annual Bonus (determined by multiplying the target Annual Bonus for the year of termination by a fraction, the numerator of which is the number of days he was employed by the Company during such fiscal year and the denominator of which is the number of days in such fiscal year) (the “Pro-Rata Annual Bonus Payment”); (iii) the continuation of all welfare benefits, including (to the extent applicable) medical, dental, vision, life and disability benefits pursuant to plans maintained by the Company under which the Executive and/or the Executive’s family is eligible to receive benefits and/or coverage, for the twelve (12)-month period following the date of the Executive’s termination, with such benefits provided to the Executive at no less than the same coverage level as in effect as of the date of termination and the Executive shall pay any portion of such cost as was required to be borne by key executives of the Company generally on the date of termination; provided, however, that, notwithstanding the foregoing, the benefits described in this sentence may be discontinued prior to the end of the twelve (12)-month period to the extent, but only to the extent, that the Executive receives substantially similar benefits from a subsequent employer; and (iv) key executive outplacement services, in accordance with Company policies for senior executives as in effect on the date of termination (or, at the request of the Executive, a lump sum payment in lieu thereof, in an amount determined by the Com...

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Termination by the Company Other Than for Cause; Termination by the Executive for Good Reason. If, during the Employment Period, the Company shall terminate the Executive’s employment other than for Cause, or the Executive shall terminate employment for Good Reason, then, and only if within forty-five (45) days after the Date of Termination the Executive shall have executed a separation agreement containing a full general release of claims and covenant not to xxx, in the form provided by the Company, and such separation agreement shall not have been revoked within such time period, within sixty (60) days after the Date of Termination (or such later date as may be required pursuant to Section 21(c) herein), the Company shall pay to the Executive a lump sum severance payment, in cash, equal to one and a half times (1.5x) the Executive’s Base Salary as in effect immediately prior to the Date of Termination. If a Change in Control event takes place within 12 months following the effective date of the listing of Veoneer’s common stock, and if the Executive’s employment is terminated by Veoneer, Inc. without Cause during the same period, the Executive will receive a severance payment equivalent to 6 months of base salary in addition to the regular termination related payments according to the Agreement. For this purpose, a “Change in Control” means the occurrence of any of the following: • except in the case of issuances of securities by Veoneer or acquisitions of securities directly from Veoneer, any person acquiring a 20% or more ownership interest in the outstanding combined voting power of Veoneer’s then outstanding securities; or • the consummation of a merger or consolidation of Veoneer, unless the beneficial owners of Veoneer’s outstanding combined voting power immediately prior to the transaction continue to own 60% or more of the outstanding combined voting power of the surviving corporation and no person acquires a 20% or more ownership interest in the outstanding combined voting power of the surviving corporation, or • the sale or other disposition of all or substantially all of Veoneer’s assets, or a complete liquidation or dissolution of Veoneer,

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Termination by the Company Other Than for Cause; Termination by the Executive for Good Reason. If, during the Employment Period, the Company terminates Executive’s employment other than for Cause, death or Disability, or Executive terminates employment for Good Reason, then in addition to the benefits provided for in Section 6(b)(i) above, but subject to entering into a release of claims against the Company and its Affiliates in the form of Annex A, the Executive shall be entitled to receive (A) the Prorated Bonus payable in cash lump sum, (B) an amount equal to three times Base Salary payable in equal monthly installments for each of the next succeeding eighteen months and (C) continued health insurance coverage for Executive and his eligible dependants for thirty-six months, on the same terms (including costs) as in effect immediately before such termination (“Benefit Continuation”). Any period during which Executive is eligible for continuation coverage under any group health plan as required by Section 4980B of the Code will run concurrently with the period of Benefit Continuation. To the extent that Executive obtains alternative benefit coverage from a new employer (whether as an employee, consultant or otherwise) of the type or types provided to Executive hereunder, such type or types of Benefit Continuation hereunder shall cease immediately upon the date such alternative coverage is obtained or, in the case of any medical benefits, the date that any applicable waiting periods or pre-existing condition exclusions under such alternative coverage expire.

Termination by the Company Other Than for Cause; Termination by the Executive for Good Reason. If, during the Employment Period, the Company shall terminate the Executive’s employment other than for Cause, or the Executive shall terminate employment for Good Reason, then, and only if within forty-five (45) days after the Date of Termination the Executive shall have executed a separation agreement containing a full general release of claims and covenant not to sue, in the form provided by the Company, and such separation agreement shall not have been revoked within such time period, within sixty (60) days after the Date of Termination (or such later date as may be required pursuant to Section 21(c) herein), the Company shall pay to the Executive a lump sum severance payment, in cash, equal to one and a half times (1.5x) the Executive’s Base Salary as in effect immediately prior to the Date of Termination. For purposes of the Prior Agreement, the Spin-Off or any other changes to the terms and conditions of the Executive’s employment in connection with the Spin-Off shall not constitute an event that would permit the Executive to terminate his employment or a termination of the Executive’s employment by Autoliv other than for “Cause”. 公司非因正当理由终止; 签约人因充足理由终止. 若, 在工作期限内, 公司非因正当理由终止与签约人的劳动合同, 或签约人因充足理由终止劳动合同, 则, 且仅在终止日期之后四十五(45)日内, 签约人应当另行签署一份协议, 该协议形式由公司提供, 内容包含放弃全部请求并承诺不起诉, 且该另行签署的协议在前述期间内不能被撤销。终止日期之后六十(60)日内(或根据第21条第c款的要求稍后的日期内), 公司应当向签约人一次性现金支付一笔等同于签约人一点五(1.5)倍基本薪酬的遣散费, 且该遣散费的支付在终止日期前立即生效。就前期合同而言, 分拆或与分拆相关的任何其他签约人劳动合同中条款与条件的变更, 均不应构成签约人终止其劳动合同的事件, 或构成奥托立夫除“正当理由”外终止签约人劳动合同的事件。

Termination by the Company Other Than for Cause; Termination by the Executive for Good Reason. In the event the employment relationship is terminated during the Employment Period by Company without Cause or by Executive for Good Reason, Executive shall receive severance (the “Severance Pay”) consisting of the product of (a) the number of whole and fractional months between the effective date of termination and the end of the Initial Term or the Extended Term, as the case may be (the “Severance Period”) and (b) the monthly severance amount of $95,833.33, which is the monthly sum of (i) Executive’s Base Salary and (ii) the guaranteed minimum amount of Annual Bonus, in each case for the first year of employment hereunder, less all applicable deductions and withholdings. In addition to the Severance Pay, if Executive and his eligible dependents timely elect COBRA continuation coverage, Company shall pay directly to the COBRA plan administrator on a monthly or other required periodic basis, as applicable, the Executive’s portion of the COBRA premium payment to maintain continued coverage for Executive and his eligible dependents in the health and welfare benefit plans of Employer for the Severance Period, subject to any applicable rules and regulations of COBRA. If the Severance Period is greater than the then applicable COBRA continuation period, Executive shall also be entitled to a payment, fully grossed-up for all applicable taxes, in an amount equal to Executive’s monthly COBRA premium times the difference between the number of whole and fractional months in the Severance Period and the number of months in the then applicable COBRA continuation period. The Severance Pay shall be paid in a lump sum cash payment no later than the later of (i) fifteen (15) days following the date of termination of employment or (ii) if applicable, upon the release Company or the Parent has requested Executive to execute pursuant to Section 3.5 becoming effective and irrevocable in accordance with its terms. The Severance Pay is in lieu of any other severance program or policy of Employer or the Parent.

Termination by the Company Other Than for Cause; Termination by the Executive for Good Reason. If, during the Employment Period, the Company shall terminate the Executive’s employment other than for Cause, or the Executive shall terminate employment for Good Reason, then, and only if within forty-five (45) days after the Date of Termination the Executive shall have executed a separation agreement containing a full general release of claims and covenant not to xxx, in the form provided by the Company, and such separation agreement shall not have been revoked within such time period, within sixty (60) days after the Date of Termination (or such later date as may be required pursuant to Section 22(c) herein), the Company shall pay to the Executive a lump sum severance payment, in cash, equal to one and a half times (1.5x) the Executive’s Base Salary as in effect immediately prior to the Date of Termination. In addition, the Company shall pay all relevant social costs attributable to such lump sum severance payment, in accordance with relevant Swedish law. For purposes of the Prior Agreement, neither the Spin-Off nor the termination of the Executive’s employment with Autoliv or any other changes to the terms and conditions of the Executive’s employment in connection with the Spin-Off shall constitute an event that would permit the Executive to terminate his employment for “Good Reason” (as defined in the Prior Agreement) or a termination of the Executive’s employment by Autoliv other than for “Cause” (as defined in the Prior Agreement).

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