General Severance Benefits and Change in Control Severance Benefits Agreement Sample Contracts

General Severance Benefits and Change in Control Severance Benefits Agreement
General Severance Benefits and Change in Control Severance Benefits Agreement • July 26th, 2019 • Nanometrics Inc • Measuring & controlling devices, nec • California

This General Severance Benefits and Change in Control Severance Benefits Agreement (this “Agreement”) is entered into as of the 25th day of July, 2019 (the “Effective Date”), by and between GREG SWYT (“Executive”) and Nanometrics Incorporated (the “Company”) (together, the “Parties”). This Agreement is intended to provide Executive with certain compensation and benefits in the event of certain qualifying terminations of Executive’s employment. Certain capitalized terms used in this Agreement are defined in Article 6.

GENERAL SEVERANCE BENEFITS AND CHANGE IN CONTROL SEVERANCE BENEFITS AGREEMENT
General Severance Benefits and Change in Control Severance Benefits Agreement • May 1st, 2019 • Nanometrics Inc • Measuring & controlling devices, nec • California

first payroll pay date following the Termination Date, and (iii) such payment schedule is subject to any delay in payment required by Section 5.5.