Common Contracts

3 similar Severance Protection Agreement contracts by Axsys Technologies Inc

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • February 24th, 2005 • Axsys Technologies Inc • Optical instruments & lenses • Delaware

WHEREAS, the Board of Directors of the Company (the “Board”) recognizes that the possibility of a Change in Control (as hereinafter defined) exists and that the threat or the occurrence of a Change in Control can result in significant distraction of the Company’s key management personnel because of the uncertainties inherent in such a situation;

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AMENDED AND RESTATED SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • August 11th, 2003 • Axsys Technologies Inc • Optical instruments & lenses • Delaware

WHEREAS, the Board of Directors of the Company (the "Board") recognizes that the possibility of a Change in Control (as hereinafter defined) exists and that the threat or the occurrence of a Change in Control can result in significant distraction of the Company's key management personnel because of the uncertainties inherent in such a situation;

SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • August 11th, 2003 • Axsys Technologies Inc • Optical instruments & lenses • Delaware

WHEREAS, the Board of Directors of the Company (the "Board") recognizes that the possibility of a Change in Control (as hereinafter defined) exists and that the threat or the occurrence of a Change in Control can result in significant distraction of the Company's key management personnel because of the uncertainties inherent in such a situation;

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