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Exhibit 10.12(a)(i)    
    

Re:    Agreement
Regarding Change in Control 

Dear                                    :

        Reference
is hereby made to the Agreement Regarding Change in Control, by and between Hospira, Inc. and the undersigned, dated April             , 2004 ("Agreement").
Pursuant to the provisions of Section 409A of the Internal Revenue Code of 1986, as amended (the "Code") and the regulations issued thereunder, effective as of January 1, 2008, the
Agreement is amended as follows: 

	1.
	The
first paragraph of Section 3 is amended in its entirety to read as follows: 

"CHANGE
IN CONTROL BENEFITS. In the event of a termination of employment entitling the Executive to benefits in accordance with Section 2, the Executive shall, subject to the provisions of the
last paragraph of this Section 3, receive the following:" 

	2.
	Subsection 3(e)
is amended in its entirety to read as follows: 

"The
Executive shall be entitled to benefits under the Hospira Supplemental Pension Plan (the "Supplemental Plan") which, for purposes of determining the Executive's eligibility for subsidized early
retirement benefits, shall be determined as if the Executive were three years older than the Executive's actual age on the date of termination. The Executive's benefits under the Supplemental Plan
shall be
determined, paid and administered without regard to any termination or amendment (including any amendment affecting actuarial factors) of such plan or of any other plan, which is adopted on or after a
Change in Control or in contemplation of a Change in Control and shall be paid in accordance with the terms of that plan and the Executive's elections under that plan. Within twenty (20) days
of Executive's date of termination, the Company shall provide the Executive with all forms, elections and materials required in connection with the payment of the Executive's benefits under that plan.
Within twenty (20) days of the Company's receipt of properly executed and completed forms, elections and other required materials from the Executive, the Company shall pay the additional
benefits to the extent provided by the terms of such plan." 

	3.
	Subsection 3(f)
is amended in its entirety to read as follows: 

"The
Company shall provide the Executive with outplacement services suitable to the Executive's position through the third anniversary of the date of the Executive's termination of employment, or, if
earlier, the date on which the Executive becomes employed by another employer." 

	4.
	The
following new paragraph is inserted as the last paragraph of Section 3: 

"For
purposes of this Agreement, the Executive is deemed a "key employee" within the meaning of section 409A of the Internal Revenue Code of 1986, as amended (the "Code") and the regulations
thereunder ("Specified Employee"). As a Specified Employee, notwithstanding any provision in this Agreement, any payments or benefits under Sections 3(b), (c) or (d) ("Restricted
Payments") shall be provided to the Executive on the first day of the seventh month following the date of the Executive's termination of employment (the "Delay Period"). After the Delay Period, any
Restricted Payments that constitute reimbursements to the Executive shall be made in accordance with their payment terms under this Agreement but no later than the end of the calendar year following
the year in which the expense was incurred." 

	5.
	The
phrase "Internal Revenue Code of 1986, as amended (the "Code")" in the first paragraph of Section 5 is changed to "Code". 

 

	6.
	The
following new subsection 5(g) is inserted immediately after subsection 5(h): 

"Notwithstanding
the foregoing, the payment of any Make-Whole Amount to an Executive shall be made no later than the end of the calendar year following the calendar year in which the
Excise Tax is paid." 

	7.
	Section 7
is amended in its entirety to read as follows: 

"CHANGE
IN CONTROL. For purposes of this Agreement, a "Change in Control" shall be deemed to have occurred on the earliest of a Change in Ownership, a Change in Effective Control, or a Change in
Ownership of Assets, each as defined below. 

	(a)
	Change
in Ownership 

          (i)  In
general. Except as provided in paragraph (b)(ii) of this Section, a Change in Ownership of the Company occurs on the date that any one person, or more than
one person acting as a group (as defined in paragraph (a)(ii) of this Section), acquires ownership of the Company's stock that, together with stock held by such person or group, constitutes
more than 50% of the total fair market value or total voting power of the Company's stock. However, if any one person, or more than one person acting as a group, is considered to own more than 50% of
the total fair market value or total voting power of the Company's stock, the acquisition of additional stock by the same person or persons is not considered to cause a Change in Ownership of the
Company (or to cause a Change in Effective Control of the Company (within the meaning of paragraph (b) of this Section)). An increase in the percentage of stock owned by any one person, or
persons acting as a group, as a result of a transaction in which the Company acquires its stock in exchange for property will be treated as an acquisition of stock for purposes of this Section. This
paragraph (a)(i) applies only when there is a transfer of the Company's stock (or issuance of stock of the Company) and stock in the Company remains outstanding after the transaction. 

         (ii)  Persons
acting as a group. For purposes of paragraph (a)(i) above, persons will not be considered to be acting as a group solely because they purchase or own
stock of the Company at the same time.
However, persons will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of stock, or similar business
transaction with the Company. If a person, including an entity, owns stock in both corporations that enter into a merger, consolidation, purchase or acquisition of stock, or similar transaction, such
shareholder is considered to be acting as a group with other shareholders only with respect to the ownership in that corporation before the transaction giving rise to the change and not with respect
to the ownership interest in the other corporation. 

	(b)
	Change
in Effective Control 

          (i)  In
general. Notwithstanding that the Company has not undergone a Change in Ownership under paragraph (a) of this Section, a Change in Effective Control of the
Company occurs only on either of the following dates: 

        (1)   The
date any one person, or more than one person acting as a group (as determined under paragraph (a)(ii) of this Section), acquires (or has acquired during the
12-month period ending on the date of the most recent acquisition by such person or persons) ownership of stock of the Company possessing 30% or more of the total voting power of the stock
of the Company. 

        (2)   The
date a majority of members of the Company's board of directors is replaced during any 12-month period by directors whose appointment or election is 

2

 

not
endorsed by a majority of the members of the Company's board of directors before the date of the appointment or election. 

         (ii)  Acquisition
of additional control. If any one person, or more than one person acting as a group, is considered to effectively control the Company (within the meaning of
this paragraph (b)), the acquisition of additional control of the Company by the same person or persons is not considered to cause a Change in Effective Control of the Company (or to cause a
Change in Ownership of the Company within the meaning of paragraph (a) of this Section). 

	(c)
	Change
in Ownership of Assets 

          (i)  In
general. A Change in Ownership of Assets occurs on the date that any one person, or more than one person acting as a group (as determined in paragraph (a)(ii)
of this Section), acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) assets from the Company that have a
total gross fair market value equal to or more than 40% of the total gross fair market value of all of the Company's assets immediately before such acquisition or acquisitions. For this purpose, gross
fair market value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets. 

         (ii)  Transfers
to a related person—There is no Change in Control event under this paragraph (c) when there is a transfer to an entity that is controlled
by the shareholders of the transferring corporation immediately after the transfer, as provided in this paragraph (c)(ii). A transfer of assets by the Company is not treated as a Change in
Ownership of Assets if the assets are transferred to— 

        (1)   A
shareholder of the Company (immediately before the asset transfer) in exchange for or with respect to its stock; 

        (2)   An
entity, 50% or more of the total value or voting power of which is owned, directly or indirectly, by the Company; 

        (3)   A
person, or more than one person acting as a group, that owns, directly or indirectly, 50% or more of the total value or voting power of all the outstanding stock of
the Company; or 

        (4)   An
entity, at least 50% of the total value or voting power of which is owned, directly or indirectly, by a person described in paragraph (c)(ii)(3) above. 

For
purposes of this paragraph (c)(ii) and except as otherwise provided above, a person's status is determined immediately after the transfer of the assets. 

        (iii)  Persons
acting as a group. Persons will not be considered to be acting as a group solely because they purchase assets of the Company at the same time. However, persons
will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of assets, or similar business transaction with the
Company. If a person, including an entity shareholder, owns stock in both corporations that enter into a merger, consolidation, purchase or acquisition of assets, or similar transaction, such
shareholder is considered to be acting as a group with other shareholders in a corporation only to the extent of the ownership in that corporation before the transaction giving rise to the change and
not with respect to the ownership interest in the other corporation." 

3

 

	8.
	Section 12
is amended in its entirety to read as follows: 

"AMENDMENT.
This Agreement may be amended or canceled only by mutual agreement of the parties in writing without the consent of any other person. So long as the Executive lives, no person, other than
the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Any amendment or cancellation of this Agreement shall not accelerate the payment of any
compensation or benefit hereunder and shall not otherwise modify or change the time or times when compensation or benefits are payable hereunder." 

        Please
note that the amendment described in paragraph 4 above supersedes all provisions in the Agreement stating that benefits are payable within twenty (20) business days
after the date of termination of employment. Except as specifically provided above, the terms of the Agreement shall be as stated. 

        Please
indicate your agreement to the foregoing by signing and dating both originals below. 

	 
	 
	 	 
	 

	Very truly yours,	 	 	 
	

HOSPIRA, INC.	
 	

ACCEPTED:
	

By:	

 	
 	

By:	

 
	 	
	 	 	

	Name:	 	 	Name:	 
	Title:	 	 	Title:	 
	Date:	 	 	Date:	 
	

ATTEST:	
 	

 	

 
	

	
 	

 	

 

4

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Exhibit 10.12(a)(i)QuickLinks
 -- Click here to rapidly navigate through this document

 

 
 

Exhibit 10.12(b)(i)    
    

Re:    Agreement
Regarding Change in Control 

Dear
Tom: 

        Reference
is hereby made to the Agreement Regarding Change in Control, by and between Hospira, Inc. and the undersigned, dated August             , 2006 ("Agreement").
Pursuant to the provisions of Section 409A of the Internal Revenue Code of 1986, as amended (the "Code") and the regulations issued thereunder, effective as of January 1, 2008, the
Agreement is amended as follows: 

	1.
	The
first paragraph of Section 3 is amended in its entirety to read as follows: 

"CHANGE
IN CONTROL BENEFITS. In the event of a termination of employment entitling the Executive to benefits in accordance with Section 2, the Executive shall, subject to the provisions of the
last paragraph of this Section 3, receive the following:" 

	2.
	Subsection 3(f)
is amended in its entirety to read as follows: 

"The
Company shall provide the Executive with outplacement services suitable to the Executive's position through the third anniversary of the date of the Executive's termination of employment, or, if
earlier, the date on which the Executive becomes employed by another employer." 

	3.
	The
following new paragraph is inserted as the last paragraph of Section 3: 

"For
purposes of this Agreement, the Executive is deemed a "key employee" within the meaning of section 409A of the Internal Revenue Code of 1986, as amended (the "Code") and the regulations
thereunder ("Specified Employee"). As a Specified Employee, notwithstanding any provision in this Agreement, any payments or benefits under Sections 3(b), (c) or (d) ("Restricted
Payments") shall be provided to the Executive on the first day of the seventh month following the date of the Executive's termination of employment (the "Delay Period"). After the Delay Period, any
Restricted Payments that constitute reimbursements to the Executive shall be made in accordance with their payment terms under this Agreement but no later than the end of the calendar year following
the year in which the expense was incurred." 

	4.
	The
phrase "Internal Revenue Code of 1986, as amended (the "Code")" in the first paragraph of Section 5 is changed to "Code".

	5.
	The
following new subsection 5(g) is inserted immediately after subsection 5(h): 

"Notwithstanding
the foregoing, the payment of any Make-Whole Amount to an Executive shall be made no later than the end of the calendar year following the calendar year in which the
Excise Tax is paid." 

	6.
	Section 7
is amended in its entirety to read as follows: 

"CHANGE
IN CONTROL. For purposes of this Agreement, a "Change in Control" shall be deemed to have occurred on the earliest of a Change in Ownership, a Change in Effective Control, or a Change in
Ownership of Assets, each as defined below. 

	(a)
	Change
in Ownership 

          (i)  In
general. Except as provided in paragraph (b)(ii) of this Section, a Change in Ownership of the Company occurs on the date that any one person, or more than
one person acting as a group (as defined in paragraph (a)(ii) of this Section), acquires ownership of the Company's stock that, together with stock held by such person or group, constitutes
more than 50% of the total fair market value or total voting power of the Company's stock. However, if any one person, or more than one person acting as a group, is considered to own more than 50% of
the total fair market value or total voting power of the Company's stock, the acquisition of additional stock by the same person or 

 

persons
is not considered to cause a Change in Ownership of the Company (or to cause a Change in Effective Control of the Company (within the meaning of paragraph (b) of this Section)). An
increase in the percentage of stock owned by any one person, or persons acting as a group, as a result of a transaction in which the Company acquires its stock in exchange for property will be treated
as an acquisition of stock for purposes of this Section. This paragraph (a)(i) applies only when there is a transfer of the Company's stock (or issuance of stock of the Company) and stock in
the Company remains outstanding after the transaction. 

         (ii)  Persons
acting as a group. For purposes of paragraph (a)(i) above, persons will not be considered to be acting as a group solely because they purchase or own
stock of the Company at the same time. However, persons will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition
of stock, or similar business transaction with the Company. If a person, including an entity, owns stock in both corporations that enter into a merger, consolidation, purchase or acquisition of stock,
or similar transaction, such shareholder is considered to be acting as a group with other shareholders only with respect to the ownership in that corporation before the transaction giving rise to the
change and not with respect to the ownership interest in the other corporation. 

	(b)
	Change
in Effective Control 

          (i)  In
general. Notwithstanding that the Company has not undergone a Change in Ownership under paragraph (a) of this Section, a Change in Effective Control of the
Company occurs only on either of the following dates: 

        (1)   The
date any one person, or more than one person acting as a group (as determined under paragraph (a)(ii) of this Section), acquires (or has acquired during the
12-month period ending on the date of the most recent acquisition by such person or persons) ownership of stock of the Company possessing 30% or more of the total voting power of the stock
of the Company. 

        (2)   The
date a majority of members of the Company's board of directors is replaced during any 12-month period by directors whose appointment or election is not
endorsed by a majority of the members of the Company's board of directors before the date of the appointment or election. 

         (ii)  Acquisition
of additional control. If any one person, or more than one person acting as a group, is considered to effectively control the Company (within the meaning of
this paragraph (b)), the acquisition of additional control of the Company by the same person or persons is not considered to cause a Change in Effective Control of the Company (or to cause a
Change in Ownership of the Company within the meaning of paragraph (a) of this Section). 

	(c)
	Change
in Ownership of Assets 

        (i)    In
general. A Change in Ownership of Assets occurs on the date that any one person, or more than one person acting as a group (as determined in paragraph (a)(ii)
of this Section), acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) assets from the Company that have a
total gross fair market value equal to or more than 40% of the total gross fair market value of all of the Company's assets immediately before such acquisition or acquisitions. For this purpose, gross
fair market value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets. 

2

 

        (ii)   Transfers
to a related person—There is no Change in Control event under this paragraph (c) when there is a transfer to an entity that is controlled
by the shareholders of the transferring corporation immediately after the transfer, as provided in this paragraph (c)(ii). A transfer of assets by the Company is not treated as a Change in
Ownership of Assets if the assets are transferred to— 

        (1)   A
shareholder of the Company (immediately before the asset transfer) in exchange for or with respect to its stock; 

        (2)   An
entity, 50% or more of the total value or voting power of which is owned, directly or indirectly, by the Company; 

        (3)   A
person, or more than one person acting as a group, that owns, directly or indirectly, 50% or more of the total value or voting power of all the outstanding stock of
the Company; or 

        (4)   An
entity, at least 50% of the total value or voting power of which is owned, directly or indirectly, by a person described in paragraph (c)(ii)(3) above. 

For
purposes of this paragraph (c)(ii) and except as otherwise provided above, a person's status is determined immediately after the transfer of the assets. 

        (iii)  Persons
acting as a group. Persons will not be considered to be acting as a group solely because they purchase assets of the Company at the same time. However, persons
will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of assets, or similar business transaction with the
Company. If a person, including an entity shareholder, owns stock in both corporations that enter into a merger, consolidation, purchase or acquisition of assets, or similar transaction, such
shareholder is considered to be acting as a group with other shareholders in a corporation only to the extent of the ownership in that corporation before the transaction giving rise to the change and
not with respect to the ownership interest in the other corporation." 

	7.
	Section 12
is amended in its entirety to read as follows: 

"AMENDMENT.
This Agreement may be amended or canceled only by mutual agreement of the parties in writing without the consent of any other person. So long as the Executive lives, no person, other than
the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Any amendment or cancellation of this Agreement shall not accelerate the payment of any
compensation or benefit hereunder and shall not otherwise modify or change the time or times when compensation or benefits are payable hereunder." 

        Please
note that the amendment described in paragraph 4 above supersedes all provisions in the Agreement stating that benefits are payable within twenty (20) business days
after the date of termination of employment. Except as specifically provided above, the terms of the Agreement shall be as stated. 

3

 

        Please
indicate your agreement to the foregoing by signing and dating both originals below. 

	 
	 
	 	 
	 

	Very truly yours,	 	ACCEPTED:
	

HOSPIRA, INC.	
 	

 	

 
	

By:	

 	
 	

By:	

 
	 	
	 	 	

	Name:	 	 	Name:	 
	Title:	 	 	Title:	 
	Date:	 	 	Date:	 
	

ATTEST:	
 	

 	

 
	

	
 	

 	

 

4

QuickLinks

Exhibit 10.12(b)(i)

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