Common Contracts

3 similar Executive Change in Control Agreement contracts by Cree Inc

EXECUTIVE CHANGE IN CONTROL AGREEMENT
Executive Change in Control Agreement • August 22nd, 2008 • Cree Inc • Semiconductors & related devices • North Carolina

This Executive Change in Control Agreement (the “Agreement”) is entered into as of August 19, 2008 (the “Effective Date”) by and between Cree, Inc. (the “Company”) and Stephen D. Kelley (“Executive”).

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EXECUTIVE CHANGE IN CONTROL AGREEMENT
Executive Change in Control Agreement • August 22nd, 2008 • Cree Inc • Semiconductors & related devices • North Carolina

Cree, Inc. (the “Company”) and Charles M. Swoboda (“Executive”) entered into an Employment Agreement effective as of October 13, 2004 (the “Original Agreement”), which was subsequently amended and restated effective as of August 21, 2007 (the “Existing Agreement”). This Executive Change in Control Agreement (the “Agreement”) between Company and Executive is intended to supersede and replace the Existing Agreement as of the effective date of this Agreement, which shall be August 18, 2008 (the “Effective Date”). Upon full execution and delivery of this Agreement and the exchange of good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties hereby agree to terminate the Existing Agreement as of the Effective Date, except to the extent provided in Section 19 of this Agreement.

EXECUTIVE CHANGE IN CONTROL AGREEMENT
Executive Change in Control Agreement • August 22nd, 2008 • Cree Inc • Semiconductors & related devices • North Carolina

Cree, Inc. (the “Company”) and John T. Kurtzweil (“Executive”) entered into a Severance Agreement effective as of September 29, 2006 (the “Existing Agreement”). This Executive Change in Control Agreement (the “Agreement”) between Company and Executive is intended to supersede and replace the Existing Agreement as of the effective date of this Agreement, which shall be August 18, 2008 (the “Effective Date”). Upon full execution and delivery of this Agreement and the exchange of good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties hereby agree to terminate the Existing Agreement as of the Effective Date, except to the extent provided in Section 18 of this Agreement.

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