Change in Control & Severance Benefit Agreement Sample Contracts

Change in Control & Severance Benefit Agreement
Change in Control & Severance Benefit Agreement • November 10th, 2008 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus • Massachusetts

This is a SEVERANCE BENEFIT & CHANGE IN CONTROL Agreement (the “Agreement”) entered into between American Science & Engineering, Inc. (the “Company”, which term shall include any successor by merger, consolidation, sale of substantially all of the Company’s assets or otherwise) and (“Executive”) effective as of the 29th day of July, 2008 (the “Effective Date”).

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American Science and Engineering, Inc.
Change in Control & Severance Benefit Agreement • April 3rd, 2014 • American Science & Engineering, Inc. • X-ray apparatus & tubes & related irradiation apparatus • Massachusetts

This SEVERANCE BENEFIT & CHANGE IN CONTROL Agreement (the “Agreement”) is entered into on April 1, 2014 between American Science and Engineering, Inc. (the “Company” or the “Employer,” either of which term shall include any successor by merger, consolidation, sale of substantially all of the Company’s assets or otherwise) and (“Executive”) to be effective on April 1, 2014 (the “Effective Date”).

American Science and Engineering, Inc. Change in Control & Severance Benefit Agreement for Chief Executive Officer
Change in Control & Severance Benefit Agreement • March 15th, 2013 • American Science & Engineering, Inc. • X-ray apparatus & tubes & related irradiation apparatus • Massachusetts

This is SEVERANCE BENEFIT & CHANGE IN CONTROL Agreement (the “Agreement”) entered into between American Science and Engineering, Inc. (the “Company” or the “Employer,” either of which term shall include any successor by merger, consolidation, sale of substantially all of the Company’s assets or otherwise) and Charles P. Dougherty (“Executive”) effective as of the April 8, 2013 (the “Effective Date”).

AMERICAN SCIENCE AND ENGINEERING, INC. Notice to Holders of Restricted Stock Unit Awards and Cash Awards who are Covered by a Change in Control & Severance Benefit Agreement June 30, 2016
Change in Control & Severance Benefit Agreement • June 30th, 2016 • American Science & Engineering, Inc. • X-ray apparatus & tubes & related irradiation apparatus

On June 20, 2016, American Science and Engineering, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), with OSI Systems, Inc., a Delaware corporation (the “Buyer” or “OSI”) and Apple Merger Sub, Inc., a Massachusetts corporation and a wholly-owned subsidiary of Buyer (the “Transitory Subsidiary”) providing for the merger (the “Merger”) of Transitory Subsidiary with and into the Company, with the Company surviving the Merger as a wholly-owned subsidiary of Buyer.

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