AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENTChange of Control Agreement • November 6th, 2008 • Matrixx Initiatives Inc • Pharmaceutical preparations • Arizona
The Compensation Committee of the Board of Directors believes that it is in the best interests of Matrixx Initiatives, Inc. (“Matrixx”) and its shareholders to take appropriate steps to allay any concerns you may have about your future employment opportunities with Matrixx and its subsidiaries (Matrixx and its subsidiaries are collectively referred to as the “Company”). Accordingly, the Company previously offered to you benefits substantially similar to those contained herein pursuant to that separate Change of Control Agreement, executed between you and the Company in March 2006, as amended in August 2007 (the “Previous Agreement”). Currently, the Company desires to amend and restate the Previous Agreement to incorporate the other previously executed amendment thereto and to amend the definition of Good Reason. As a result, the Compensation Committee has decided to offer to you the benefits described below, which shall amend, restate and supersede the benefits afforded you pursuant to
MATRIXX INITIATIVES, INC. AMENDED AND RESTATED 2001 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK PROGRAM AGREEMENTRestricted Stock Program Agreement • November 6th, 2008 • Matrixx Initiatives Inc • Pharmaceutical preparations • Arizona
This Amended and Restated Restricted Stock Program Agreement (this “Agreement”) is entered into between Matrixx Initiatives, Inc., a Delaware corporation (the “Company”), and Samuel Cowley (the “Grantee”), on November 4, 2008, effective as of May 8, 2008 (the “Date of Grant”).
