FORM OF EXECUTIVE SEVERANCE AGREEMENT AMENDMENTExecutive Severance Agreement Amendment • August 23rd, 2007 • Dade Behring Holdings Inc • Instruments for meas & testing of electricity & elec signals
As part of the executive leadership team, you will play an important role in the upcoming Siemens acquisition and our success as we move through this transition period. This agreement (“Agreement”) amends your executive severance agreement effective (“Executive Severance Agreement”) to provide retention payments in lieu of certain additional Change in Control severance provided by your current Executive Severance Agreement and to provide certain additional incentive payments. If you agree to such amendment of your Executive Severance Agreement, please sign below.
AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • August 23rd, 2007 • Dade Behring Holdings Inc • Instruments for meas & testing of electricity & elec signals
Dade Behring Inc., a Delaware corporation (“Company”) and James Reid-Anderson (“Executive”) entered into an amended and restated employment agreement effective June 1, 2001 (“Employment Agreement”). The Company and Executive desire to amend the Employment Agreement to provide retention and incentive payments consistent with the retention and incentive payments being provided to other executive officers in connection with the transactions contemplated by the Agreement and Plan of Merger by and among Siemens Corporation, Belfast Merger Co. and Dade Behring Holdings, Inc. dated as of July 25, 2007 and to formalize the practice of the annual incentive program. The Company and Executive hereby agree to amend the Employment Agreement as follows:
