Exhibit 10.1
[g38411ki01image001.gif]
Employment Agreement for David M. Thomas
As Amended and Restated at January 1, 2005
IMS HEALTH INCORPORATED
Employment Agreement for David M. Thomas
As Amended and Restated at January 1, 2005
1. Employment
2. Term
3. Offices and Duties
(a) Generally
(b) Place of Employment
(c) Rank of Executive Within Company
4. Salary and Annual Incentive Compensation.
(a) Base Salary
(b) Annual Incentive Compensation
5. Long-Term Compensation, Including Restricted Stock, Stock Options, and
Benefits, Deferred Compensation, and Expense Reimbursement
(a) Executive Compensation Plans
(b) Employee and Executive Benefit Plans
(c) Acceleration of Awards Upon a Change in Control
(d) Deferral of Compensation
(e) Reimbursement of Expenses
(f) Corporate Aircraft
(g) Company Registration Obligations
(h) Limitations Under Code Section 409A
6. Termination Due to Retirement, Death, or Disability
(a) Retirement
(b) Death
(c) Disability
(d) Other Terms of Payment Following Retirement, Death, or Disability
(e) Consulting Obligation Following Retirement
i
7. Termination of Employment For Reasons Other Than Retirement, Death, or
Disability
(a) Termination by the Company for Cause
(b) Termination by Executive Other Than For Good Reason
(c) Termination by the Company Without Cause Prior to a Change in Control
(d) Termination by Executive for Good Reason Prior to a Change in Control
(e) Termination by the Company Without Cause After a Change in Control
(f) Termination by Executive for Good Reason After a Change in Control
[a05-3841_1ex10d1.htm#fTerminationByExecutiveForGoodRea_053649]
(g) Other Terms Relating to Certain Terminations of Employment
[a05-3841_1ex10d1.htm#gOtherTermsRelatingToCertainTermi_053720]
8. Definitions Relating to Termination Events
[a05-3841_1ex10d1.htm#a8_DefinitionsRelatingToTerminati_053834]
(a) "Cause" [a05-3841_1ex10d1.htm#acause__053856]
(b) "Change in Control" [a05-3841_1ex10d1.htm#bchangeInControl_053907]
(c) "Compensation Accrued at Termination"
[a05-3841_1ex10d1.htm#ccompensationAccruedAtTermination_053919]
(d) "Disability" [a05-3841_1ex10d1.htm#ddisability__053928]
(e) "Good Reason" [a05-3841_1ex10d1.htm#egoodReason__053936]
(f) "Potential Change in Control"
[a05-3841_1ex10d1.htm#fpotentialChangeInControl__053957]
(g) "Special SERP Benefit". [a05-3841_1ex10d1.htm#gspecialSerpBenefit__054002]
9. Rabbi Trust Obligation Upon Potential Change in Control; Excise Tax-Related
Provisions [a05-3841_1ex10d1.htm#a9_RabbiTrustObligationUponPotent_054008]
(a) Rabbi Trust Funded Upon Potential Change in Control
[a05-3841_1ex10d1.htm#aRabbiTrustFundedUponPotentialCha_054018]
(b) Gross-up If Excise Tax Would Apply
[a05-3841_1ex10d1.htm#bGrossupIfExciseTaxWouldApply__054029]
10. Non-Competition and Non-Disclosure; Executive Cooperation; Non-Disparagement
[a05-3841_1ex10d1.htm#a10_NoncompetitionAndNondisclosur_054101]
(a) Non-Competition [a05-3841_1ex10d1.htm#aNoncompetition__054107]
(b) Non-Disclosure; Ownership of Work
[a05-3841_1ex10d1.htm#bNondisclosureOwnershipOfWork__054114]
(c) Cooperation With Regard to Litigation
[a05-3841_1ex10d1.htm#cCooperationWithRegardToLitigatio_054121]
(d) Non-Disparagement [a05-3841_1ex10d1.htm#dNondisparagement__054128]
(e) Release of Employment Claims
[a05-3841_1ex10d1.htm#eReleaseOfEmploymentClaims__054132]
(f) Forfeiture of Outstanding Options
[a05-3841_1ex10d1.htm#fForfeitureOfOutstandingOptions__054138]
(g) Survival [a05-3841_1ex10d1.htm#gSurvival__054155]
11. Governing Law; Disputes; Arbitration
[a05-3841_1ex10d1.htm#a11_GoverningLawDisputesArbitrati_054207]
(a) Governing Law [a05-3841_1ex10d1.htm#aGoverningLaw__054213]
(b) Reimbursement of Expenses in Enforcing Rights
[a05-3841_1ex10d1.htm#bReimbursementOfExpensesInEnforci_054219]
(c) Arbitration [a05-3841_1ex10d1.htm#cArbitration__054226]
(d) Interest on Unpaid Amounts
[a05-3841_1ex10d1.htm#dInterestOnUnpaidAmounts__054234]
ii
12. Miscellaneous [a05-3841_1ex10d1.htm#a12_Miscellaneous_054238]
(a) Integration [a05-3841_1ex10d1.htm#aIntegration__054251]
(b) Successors; Transferability
[a05-3841_1ex10d1.htm#bSuccessorsTransferability__054303]
(c) Beneficiaries [a05-3841_1ex10d1.htm#cBeneficiaries__054310]
(d) Notices [a05-3841_1ex10d1.htm#dNotices__054316]
(e) Reformation [a05-3841_1ex10d1.htm#eReformation__054325]
(f) Headings [a05-3841_1ex10d1.htm#fHeadings__054330]
(g) No General Waivers [a05-3841_1ex10d1.htm#gNoGeneralWaivers__054334]
(h) No Obligation To Mitigate
[a05-3841_1ex10d1.htm#hNoObligationToMitigate__054339]
(i) Offsets; Withholding [a05-3841_1ex10d1.htm#iOffsetsWithholding__054344]
(j) Successors and Assigns [a05-3841_1ex10d1.htm#jSuccessorsAndAssigns__054350]
(k) Counterparts [a05-3841_1ex10d1.htm#kCounterparts__054355]
(l) Due Authority and Execution
[a05-3841_1ex10d1.htm#lDueAuthorityAndExecution__054400]
(m) Representations of Executive
[a05-3841_1ex10d1.htm#mRepresentationsOfExecutive__054405]
13. Indemnification [a05-3841_1ex10d1.htm#a13_Indemnification_054409]
iii
IMS HEALTH INCORPORATED
Employment Agreement for David M. Thomas
As Amended and Restated at January 1, 2005
THIS EMPLOYMENT AGREEMENT by and between IMS HEALTH INCORPORATED, a Delaware
corporation (the "Company"), and David M. Thomas ("Executive") became effective
as of November 14, 2000 (the "Effective Date").
The first amendment and
restatement of this Employment Agreement