Dear Gregg:

Executive Employment Agreement

You are currently viewing:

This Executive Employment Agreement involves

HOME DIAGNOSTICS INC

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

Title: Dear Gregg:
Date: 11/6/2008
Industry: Medical Equipment and Supplies Sector: Healthcare

Dear Gregg:, Parties: home diagnostics inc

November 4, 2008

Gregg Johnson
527 Chesterfield Lane
Barrington, IL 60010

Dear Gregg:

As part of your employment package as Vice President, Consumer Healthcare, we are pleased to offer to you an Income Protection arrangement. This letter supersedes any and other agreements written or otherwise with regard to income protection and/or severance arrangements between you and the Company:

Income Continuation Protection:

In the event that your employment is terminated by Home Diagnostics at anytime without “Cause” you shall be entitled to receive:

6 months salary continuation at your highest base salary during the past 12 months; and

II.

Health benefits for you and your family during the salary continuation period.

III.

Accelerated vesting of all outstanding stock options.

The income continuation benefits detailed above are subject to the limitation that if y

SITE SEARCH

AGREEMENTS / CONTRACTS

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates