December 28, 2010 William A. Hawkins Dear Bill:Retirement Agreement • December 30th, 2010 • Medtronic Inc • Electromedical & electrotherapeutic apparatus • Minnesota
Contract Type FiledDecember 30th, 2010 Company Industry JurisdictionThis Letter Agreement and Attached Exhibit A (“Agreement”) sets forth the terms and conditions of your retirement from Medtronic effective April 27, 2012 (or earlier in accordance with this Agreement). This Agreement also sets forth the terms and treatment of certain of your benefits acquired during your employment. In consideration of the provisions and agreements set forth below and for good and valuable consideration, the sufficiency and receipt of which are acknowledged by both parties, we have agreed as follows.