Common Contracts
2 similar Severance Agreement contracts by Yahoo Inc
February 28, 2013 Henrique de Castro Dear Henrique:Severance Agreement • May 7th, 2013 • Yahoo Inc • Services-computer integrated systems design
On behalf of Yahoo! Inc. (“Yahoo!” or the “Company”), I am pleased to inform you that Yahoo! will provide you with the severance protections described in this letter agreement (“Agreement”). This Agreement is being offered to you to provide both you and Yahoo! with certainty in the event that your employment with Yahoo! is terminated by Yahoo! without Cause or in the event you resign from Yahoo! for Good Reason.1 You will not be entitled to any severance benefits under this Agreement if your employment is terminated with Cause, if you voluntarily resign from your employment with Yahoo! without Good Reason, or if your employment terminates due to your death or disability (except as related to Equity Awards and specifically described below).2
«date» Marissa A. Mayer Dear Marissa:Severance Agreement • March 6th, 2013 • Yahoo Inc • Services-computer integrated systems design
On behalf of Yahoo! Inc. (“Yahoo!” or the “Company”), I am pleased to inform you that Yahoo! will provide you with the severance protections described in this letter agreement (“Agreement”). This Agreement is being offered to you to provide both you and Yahoo! with certainty in the event that your employment with Yahoo! is terminated by Yahoo! without Cause.1 You will not be entitled to any severance benefits under this Agreement if your employment is terminated with Cause, if you voluntarily resign from your employment with Yahoo! for any reason, or if your employment terminates due to your death or disability (except as related to Equity Awards and specifically described below).2
