You are here: Agreements > Employment Agreement Amendment > ADDENDUM TO THE SENIOR EXECUTIVE EMPLOYMENT CONTRACT

SITE SEARCH
AGREEMENTS / CONTRACTS
(optional)
(optional)
Try our advanced search >>
CLAUSES Search Contract Clauses >>
Browse Contract Clause Library>>

Addendum To The Senior Executive Employment Contract

Employment Agreement Amendment

Legal Documents
You are currently viewing:

 This Employment Agreement Amendment involves

TECH DATA CORP | Tech Data Companies | Tech Data Corporation

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
 

Title: ADDENDUM TO THE SENIOR EXECUTIVE EMPLOYMENT CONTRACT
Governing Law: Florida     Date: 8/31/2016
Industry: Computer Hardware     Sector: Technology

join now
50 of the Top 250 law firms use our Products every day

 

In Barcelona, on May 24, 2016

 

ADDENDUM TO THE SENIOR EXECUTIVE EMPLOYMENT CONTRACT

BY AND BETWEEN

TECH DATA ESPAÑA, S.L., a Company incorporated under the laws of Spain, with legal domicile at 30-32 Acer Street, Barcelona, Spain, and Tax ID Number XXXXXXXXX (hereinafter referred to as “the Company” or “Tech Data Spain”), hereby represented by Mr Bob Dutkowsky, duly authorized by the Board of Directors and by the Legal Representative of the Sole Shareholder of the Company, Tech Data Europe GmbH.

TECH DATA CORPORATION , a Company incorporated under the laws of the State of Florida, with legal domicile at 5350 Tech Data Dr Clearwater, FL 33760, United States of Americas (hereinafter referred to as “Tech Data Corporation”), hereby represented by Mr. Bob Dutkowsky, duly authorized by the Board of Directors.

Mr. Nestor Cano Soler, of full age, of Spanish nationality, holding national identity card XXXXXXXXX, on his own name and behalf (hereinafter referred to as “the Executive”).

The Company and Tech Data Corporation will jointly be referred to as the “Tech Data Companies”. The Company, Tech Data Corporation and the Executive will jointly be referred to as “the Parties”.

WHEREAS

First.- The Executive entered into a Senior Executive Employment Contract with the Companies on December 20, 2013 (hereinafter referred to as the “2013 Contract”).

Second.- Tech Data Corporation has implemented a change in control severance policy to be known as the Tech Data Corporation Change in Control Severance Policy (hereinafter, referred to as the ”Change in Control Severance Policy” or the “Policy”) with the purpose to secure the continued services, dedication and objectivity of certain key employees of the Company in the event of any threat or occurrence of a change of control in Tech Data Corporation.

Third.- The Parties wish to enter into this Addendum to the 2013 Contract to confirm the application of the Change in Control Severance Policy to the employment relationship of the Executive with the Companies.

The Parties, being in agreement, enter into this Addendum in accordance with the following

 

1

 


 

CLAUSES

1.

ACCEPTANCE TO THE CHANGE IN CONTROL SEVERANCE POLICY

 

1.1.

The Executive expressly accepts the terms and provisions of the Change in Control Severance Policy, as attached in Annex 1 to this Addendum, which will apply to the Executive in the way described in the Participation Schedule.

 

1.2.

The Executive therefore acknowledges that the severance provisions under the Change in Control Severance Policy will only apply in the event of a termination following a Change in Control, as defined in the Policy. In case the employment of the Executive with the Companies is terminated other than as a consequence of a Change in Control as defined in the Policy, the provisions of the Change in Control Severance Policy will not apply. Based on the fore


continue to document