AGREEMENT AND PLAN OF MERGERMerger Agreement • December 23rd, 1997 • Software Artistry Inc • Services-prepackaged software
EMPLOYMENT AND OTHER EMPLOYEE RELATED CONTRACTS Certain executive officers have employment agreements with the Company. The Agreements fix each officer's base compensation, provide for salary increases and bonuses as the Company's Board of Directors...Employment Agreement • December 23rd, 1997 • Software Artistry Inc • Services-prepackaged software
Certain executive officers have employment agreements with the Company. The Agreements fix each officer's base compensation, provide for salary increases and bonuses as the Company's Board of Directors may determine from time to time, provide for participation in such employee benefit plans as the Company may adopt from time to time for its personnel generally, provide for reimbursement of travel and other expenses in connection with such officers' employment, and, in certain circumstances, allow for specified relocation fees and education reimbursement. The agreements have no specified terms but are terminable by the Company with or without just cause, as defined in the employment agreements. Upon termination without just cause, the officer is entitled to severance pay equal to such officer's base salary at the time of termination and continued medical insurance coverage for 12 months or until such officer obtains employment, whichever period is less. If so terminated without just cau
