Change of Control Terms and Conditions Agreement Sample Contracts

EX-10.18 5 dex1018.htm FORM OF VICE PRESIDENT CHANGE OF CONTROL TERMS AND CONDITIONS AGREEMENT [VP Version] Change of Control Terms and Conditions
Change of Control Terms and Conditions Agreement • May 5th, 2020 • California

TiVo Inc. (the “Corporation”) considers it essential to the best interests of its shareholders to foster the continuous employment of the Corporation’s key management personnel. In this regard, the Corporation’s Board of Directors (the “Board”) recognizes that, as is the case with many publicly-held corporations, the possibility of a change in control of the Corporation may exist and the uncertainty and questions that it may raise among management could result in the departure or distraction of management personnel to the detriment of the Corporation and its shareholders.

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