AGREEMENT TO TERMINATE EXECUTIVE CHANGE IN CONTROL TERMINATION AGREEMENT
EXHIBIT 10.5
AGREEMENT TO TERMINATE
This agreement (“Agreement”) between ENTEGRIS, INC., a Delaware corporation with headquarters offices at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, (“Entegris” or the “Company”) and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (the “Executive,” and together with the Company, the “Parties”) dated January 16, 2017 (the “Effective Date”).
RECITALS
A. | The Executive and the Company entered into an Executive Change in Control Termination Agreement as of February 24, 2010 (the “Original Agreement”). |
B. | The Executive continues to be employed by the Company as of the Effective Date. |
C. | In recognition of a modification to the role and responsibilities of the Executive within the Company, the Executive and the Company wish to terminate the Original Agreement. |
NOW THEREFORE, in consideration of the foregoing premises, of the mutual promises of the Parties made herein and of other consideration, the receipt and adequacy of which is hereby acknowledged, the Parties hereby agree as follows:
1. | Effective as of the Effective Date, the Original Agreement is hereby terminated in its entirety and is of no further force and effect. |
2. |
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.
Entegris, Inc. Executive:
By: /s/ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: HR Manager COS