XEROX CORPORATION Stamford, CT 06904 Amended and Restated Severance Letter Agreement Providing Certain Benefits Upon Termination of Employment Following a Change In ControlSeverance Agreement • October 17th, 2007 • Xerox Corp • Computer peripheral equipment, nec • New York
Xerox Corporation (“the Company”) considers it in the best interests of its shareholders to foster the continuous employment of key management personnel. The Board recognizes that, as with many publicly held corporations, the possibility of a Change in Control may arise, and that the uncertainty raised by this possibility may cause the departure or distraction of management personnel, to the detriment of the Company and its shareholders.
