CHYRON CORPORATION Melville, New York 11747Your Agreement • June 14th, 2010 • Chyron Corp • Photographic equipment & supplies • New York
The following sets out your agreement (the “Agreement”) with Chyron Corporation (the “Company”) with respect to severance payments to be paid to you if your termination of employment is “related to” a “Change-in-Control” and is either: (i) without “Cause,” or (ii) a “Resignation with Good Reason” (collectively, a “Severance Event”) (all as defined below). This Agreement is an amendment and restatement of the Change-in-Control Agreement dated October 26, 2007 between you and the company. This Agreement replaces all severance benefits payable to you as a result of a Change-in-Control as previously set forth in any executive retention program maintained by the Company as of the date hereof.
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • June 14th, 2010 • Chyron Corp • Photographic equipment & supplies
This First Amendment to Employment Agreement (“Amendment”) is made and entered into this 11th day of June, 2010, by and between Michael Wellesley-Wesley (“MWW”) and Chyron Corporation (the “Company”).
FIRST AMENDMENT TO CHANGE IN CONTROL AGREEMENTChange in Control Agreement • June 14th, 2010 • Chyron Corp • Photographic equipment & supplies
This First Amendment to Change in Control Agreement (“Amendment”) is made and entered into this 11th day of June, 2010, by and between Michael Wellesley-Wesley (“MWW”) and Chyron Corporation (the “Company”).
CHYRON CORPORATIONChyron Corp • June 14th, 2010 • Photographic equipment & supplies
The following sets out our agreement to amend (the “Amendment”) your Change-in-Control Agreement dated October 26, 2007 (the “Agreement”) with Chyron Corporation (the “Company”). This Amendment replaces all of Section 1.1 of the Agreement. This Amendment shall not affect any other provision of the Agreement, or the severance benefits set forth in your Terms of Severance Agreement dated October 26, 2007.
