Common Contracts
2 similar Severance Agreement contracts by IHS Markit Ltd.
July 8, 2016 Mr. Daniel Yergin c/o IHS Inc. 15 Inverness Way East Englewood, CO 80112 Dear Mr. Yergin.Severance Agreement • March 26th, 2019 • IHS Markit Ltd. • Services-computer programming, data processing, etc. • Colorado
As you are aware, IHS Inc. (the “Company”) has entered into an Agreement and Plan of Merger by and among Markit, Ltd., Marvel Merger Sub, Inc. and the Company, dated as of March 20, 2016 (as may be amended, the “Merger Agreement”). Your continued strong contribution to the Company is important during this period, and the Company wishes to confirm your severance protection following the consummation of the transactions contemplated by the Merger Agreement (the “Merger Closing Date”) and provide you with an incentive for a successful transaction and integration. The terms of this letter agreement are conditioned on the Merger Closing Date and, if the Merger Closing Date does not occur this letter agreement is of no further force or effect.
July 8, 2016 Mr. Todd Hyatt c/o IHS Inc. East Englewood, CO 80112 Dear Mr. Hyatt:Severance Agreement • February 21st, 2017 • IHS Markit Ltd. • Services-computer programming, data processing, etc. • Colorado
As you are aware, IHS Inc. (the “Company”) has entered into an Agreement and Plan of Merger by and among Markit, Ltd., Marvel Merger Sub, Inc. and the Company, dated as of March 20, 2016 (as may be amended, the “Merger Agreement”). Your continued strong contribution to the Company is important during this period, and the Company wishes to confirm your severance protection following the consummation of the transactions contemplated by the Merger Agreement (the “Merger Closing Date”) and provide you with an incentive for a successful transaction and integration. The terms of this letter agreement arc conditioned on the Merger Closing Date and, if the Merger Closing Date does not occur, this letter agreement is of no further force or effect.
