SEPARATION BENEFITS AGREEMENTSeparation Benefits Agreement • August 7th, 2014 • Thoratec Corp • Electromedical & electrotherapeutic apparatus • California
THIS SEPARATION BENEFITS AGREEMENT is made as of this 22nd day of May, 2014 (this “Agreement”), by and between THORATEC CORPORATION, a California corporation (the “Company”), and Vasant Padmanabhan (the “Executive”) and is intended to supersede any and all separation benefits plans, offer letters or understandings previously entered into between Executive and the Company with respect to such benefits (collectively, the “Original Separation Benefits Agreements”).
