SEVERANCE AGREEMENTSeverance Agreement • August 5th, 2005 • Artesyn Technologies Inc • Electronic components, nec
THIS AGREEMENT (“Agreement”) is made and entered into as of August 2, 2005 (the “Effective Date”) by and among Artesyn Technologies, Inc., a Florida corporation (hereinafter referred to as the “Company”), and the individual identified on the signature page of this Agreement (the “Employee”).
SECOND AMENDED & RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • August 5th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida
The parties to this Second Amended and Restated Employment Agreement (this “Agreement”), dated as of August 4, 2005, are Artesyn Technologies, Inc., a Florida corporation (the “Company”), and Joseph M. O’Donnell (the “Executive”). The Company and the Executive currently are parties to an Amended and Restated Employment Agreement dated March 14, 2005 (the “Existing Employment Agreement”). The Executive is presently the President and Chief Executive Officer of the Company and the parties wish to provide for the continued employment of the Executive in such positions, from and after the date of this Agreement (the “Effective Date”), subject to the terms provided herein.
AMENDED AND RESTATED AGREEMENT UNDER THE OUTSIDE DIRECTORS’ RETIREMENT PLANOutside Directors’ Retirement Plan Agreement • August 5th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida
Artesyn Technologies, Inc., a Florida corporation (the “Company”), and [ ] (the “Eligible Director”) entered into an Agreement, dated March 14, 2005 (the “Existing Retirement Plan Agreement”), setting forth the Eligible Director’s rights under the Artesyn Technologies, Inc. Outside Directors’ Retirement Plan (the “Plan”). In accordance with the Plan and Section 7 of the Existing Retirement Plan Agreement, the parties to the Existing Retirement Plan Agreement wish to amend and restate that Agreement as provided herein, effective as of August 4, 2005 (the “Agreement”). This Agreement supersedes the provisions of the Existing Retirement Plan Agreement in their entirety.
