Common Contracts

4 similar Severance Agreement contracts by Mentor Graphics Corp

Severance Agreement
Severance Agreement • June 3rd, 2015 • Mentor Graphics Corp • Services-computer integrated systems design • Oregon

On ____________________, you entered into a letter agreement with Mentor Graphics Corporation (the “Corporation”) regarding compensation and benefits arrangements in connection with a Change in Control (as defined herein), and you and the Corporation amended and restated such letter agreement on ____________________and on ____________________ (as amended, the “Prior Agreement”). You and the Corporation now desire to make certain changes to the Prior Agreement in order to modify the benefits provided thereunder, to extend the term of the Prior Agreement, and to provide certain compensation and benefits to you if your employment terminates under certain circumstances absent a Change in Control. Accordingly, you and the Corporation have agreed to amend and restate the Prior Agreement as set forth below (the “Agreement”) as of the date both parties have signed this Agreement (the “Effective Date”).

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Severance Agreement March 11, 2010
Severance Agreement • March 16th, 2010 • Mentor Graphics Corp • Services-computer integrated systems design • Oregon

On , you entered into a letter agreement with Mentor Graphics Corporation (the “Corporation”) regarding compensation and benefits arrangements in connection with a Change in Control (as defined herein), and you and the Corporation most recently amended and restated such letter agreement on (as amended, the “Prior Agreement”). You and the Corporation now desire to make certain changes to the Prior Agreement in order to modify the benefits provided thereunder, to extend the term of the Prior Agreement, and to provide certain compensation and benefits to you if your employment terminates under certain circumstances absent a Change in Control. Accordingly, you and the Corporation have agreed to amend and restate the Prior Agreement as set forth below (the “Agreement”) as of March 11, 2010 (the “Effective Date”).

Severance Agreement August 10, 2008
Severance Agreement • September 4th, 2008 • Mentor Graphics Corp • Services-computer integrated systems design • Oregon

On , you entered into a letter agreement with Mentor Graphics Corporation (the “Corporation”) regarding compensation and benefits arrangements in connection with a Change in Control (as defined herein), and you and the Corporation amended and restated such letter agreement on (as amended, the “Prior Agreement”). You and the Corporation now desire to make certain changes to the Agreement in order to modify the benefits provided thereunder as well as to reflect recent changes affecting the taxation of deferred compensation arrangements under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”). Accordingly, you and the Corporation have agreed to amend and restate the Prior Agreement as set forth below (the “Agreement”) as of August 10, 2008 (the “Effective Date”).

Form of Severance Agreement entered into between the Company and each of its executive officers
Severance Agreement • February 28th, 2007 • Mentor Graphics Corp • Services-computer integrated systems design • Oregon

On [date], you entered into a letter agreement (the “Agreement”) with Mentor Graphics Corporation (the “Corporation”) regarding compensation and benefits arrangements in connection with a Change in Control (as defined herein). You and the Corporation now desire to make certain changes to the Agreement. Accordingly, you and the Corporation have agreed to amend and restate the Agreement as follows.

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