Common Contracts

2 similar Change of Control Executive Employment Agreement contracts by Johnson Controls Inc

JOHNSON CONTROLS, INC. AMENDED AND RESTATED CHANGE OF CONTROL EXECUTIVE EMPLOYMENT AGREEMENT
Change of Control Executive Employment Agreement • January 27th, 2016 • Johnson Controls Inc • Public bldg & related furniture • Wisconsin

AGREEMENT by and between Johnson Controls, Inc. a Wisconsin corporation (the “Company”) and Alex Molinaroli (the “Executive”), dated January 24, 2016.

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JOHNSON CONTROLS, INC. CHANGE OF CONTROL EXECUTIVE EMPLOYMENT AGREEMENT
Change of Control Executive Employment Agreement • November 25th, 2009 • Johnson Controls Inc • Public bldg & related furniture • Wisconsin

The Board of Directors of the Company (the “Board”) has determined that it is in the best interests of the Company and its shareholders to assure that the Company will have the continued dedication of the Executive, notwithstanding the possibility, threat or occurrence of a Change of Control (as defined below) of the Company. The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive’s full attention and dedication to the Company currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporations. Therefore, in order to accomplish these objectives, the Board has caus

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