AMENDED AND RESTATED SEVERANCE AGREEMENTSeverance Agreement • November 9th, 2005 • Artesyn Technologies Inc • Electronic components, nec
THIS AMENDED AND RESTATED SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of October 21, 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”). The Company and the Employee are parties to a Severance Agreement, dated July 6, 2001 (the “Existing Agreement”). The parties wish to amend the Existing Agreement as set forth herein to conform with the severance provisions recently entered into with certain other key executives of the Company.
THIRD AMENDED & RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • November 9th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida
The parties to this Third Amended and Restated Employment Agreement (this “Agreement”), dated as of October 21, 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 a Second Amended and Restated Employment Agreement dated August 4, 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.
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • November 9th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida
AGREEMENT made as of Date of Grant, as set forth on the Notice of Grant of Restricted Stock and Grant Agreement (the “Notice”) attached hereto, by and between Artesyn Technologies, Inc., a Florida corporation, having its office and principal place of business located at 7900 Glades Road, Suite 500, Boca Raton, Florida 33434 (the “Company”) and the person identified in the Notice (the “Participant”).
