ELAN U.S. Severance Plan Effective March 1, 2001 and Amended and Restated as of January 1, 2006Severance Plan • November 15th, 2006 • Elan Corp PLC • Pharmaceutical preparations • Delaware
Athena Neurosciences, Inc. (the "Company") adopted the Elan U.S. Severance Plan (the "Plan"), effective March 1, 2001, for the benefit of certain "Eligible Employees" of the Company and certain Affiliates specified by the Company. The Plan is intended to apply to United States based "Employees," as described herein. The Plan was amended and restated on January 1, 2004 and August 15, 2004. By this instrument, the Company hereby amends and restates the Plan, effective January 1, 2006. The Plan shall be binding on any successor to all or substantially all of the Company's assets or business.
