AMENDED AND RESTATED SEVERANCE AGREEMENTSeverance Agreement • August 9th, 2011 • Imation Corp • Magnetic & optical recording media • Minnesota
THIS AMENDED AND RESTATED SEVERANCE AGREEMENT (this “Agreement”) is made as of the 20th day of June, 2011, between Imation Corp., a Delaware corporation, with its principal offices at One Imation Way, Oakdale, Minnesota 55128 (the “Company”) and John P. Breedlove, 860 Fox Court, Chanhassen, MN 55317.
FIRST AMENDMENTFirst Amendment • August 9th, 2011 • Imation Corp • Magnetic & optical recording media
This FIRST AMENDMENT (this “Amendment”), dated as of June 28, 2011, among IMATION CORP., a Delaware corporation (“Imation”), IMATION ENTERPRISES CORP., a Delaware corporation (“Enterprises”) (each of Imation and Enterprises being referred to herein as a “US Borrower” and together as the “US Borrowers”), IMATION EUROPE B.V., a company organized under the laws of the Netherlands with a corporate seat in Amsterdam, the Netherlands (the “European Borrower” and together with the US Borrowers, each a “Borrower” and collectively, the “Borrowers”), each lender from time to time party to the Credit Agreement referred to below (each, a “Lender”, and collectively, the “Lenders”), and BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) and L/C Issuer.
