Document:

tmok2007ex10_73.htm

    Exhibit
10.73

     

     

    NOTICE
OF PARTICIPATION

    FISHER
SCIENTIFIC INTERNATIONAL INC.

    SEVERANCE
PLAN FOR KEY EMPLOYEES

    

    Dear Mr.
Malus:

    

    You have
been selected to participate in the Fisher Scientific International Inc.
Severance Plan for Key Employees (the "Plan"). This Plan has been established to
help retain qualified employees, maintain a stable work environment and provide
economic security to certain employees of Fisher Scientific International, Inc.
(the "Company") by providing certain employees with severance protection in the
event of certain terminations of employment following a Change in Control.
Capitalized terms used in this Notice shall have the meaning set forth in the
Plan.

    

    The Plan
document is attached to this Notice. You should read the document carefully as
it is the legal document which determines your rights under the Plan. In
addition, this Notice (which is a legally binding contract between you and the
Company) sets forth certain additional conditions of your participation in the
Plan.

    

    If you
incur a Severance, your Severance Pay shall equal the product of (i) 2.0 and
(ii) the sum of your Annual Base Salary and Target Bonus.

    

    The
definition of Good Reason applicable to you shall be (i) any failure to continue
your position as President-Worldwide Portfolio Management and Sourcing of a
publicly traded company; (ii) a material adverse change in your duties or status
from those in effect immediately prior to the Change in Control, (iii) a
reduction in your Annual Base Salary or a decrease in the target amount of your
annual incentive compensation from those levels in effect immediately prior to
the Change in Control, (iv) a material reduction in long term incentive
opportunity (including an adverse change in performance criteria) and benefits
from those levels in effect immediately prior to the Change in Control, or (v)
the relocation of your principal place of employment to a location more than
fifty (50) miles from your principal place of employment immediately prior to
the date of the Change in Control, provided, however, such relocation also
requires a material change in your commute.

    

    By
executing this Notice, you acknowledge and agree that you have read and
understood the Plan and this Notice and agree to the conditions set forth in
such documents with respect to your participation in the Plan (including,
without limitation, the fact that any Severance Payment you may become entitled
to under the Plan will be conditioned on your execution of a release in favor of
the Company and its affiliates and that you will be required to cooperate with
the Company in transitioning your duties following a termination that entitles
you to a Severance Payment under the Plan). In addition, you further acknowledge
that the existence of the Plan, your participation in the Plan and the potential
benefits payable to you under the Plan are strictly confidential and you agree
that you shall not divulge any information whatsoever regarding the Plan without
the express written permission of the Plan Administrator.

     

    If you
understand and agree with the foregoing, please execute and return the original
copy of this notice to Thomas L. Rea.  Should you have any questions
regarding the Plan or your participation in the Plan, please contact Mr. Rea at
(603) 929-2366.

     

     

    
      FISHER
SCIENTIFIC INTERNATIONAL INC.

      

      
        	
                By:

              	
                /s/Thomas
      L.
      Rea                                                
      

              
	
                Name:

              	
                Thomas
      L. Rea

              
	
                Title:

              	
                Senior
      Vice President, Corporate Services

              
	 	 
	
                Signed
      as of  _______.

              
	 
	 
	
                /s/Alan
      J.
      Malus                            

              
	
                Alan
      J. Malus

              
	 	 
	
                Signed
      as of  June 15,
      2006.tmok2007ex10_74.htm

    Exhibit
10.74

    

    

    November
9, 2006

     

     

    Alan
Malus

    Senior
Vice President &

    President,
Customer Channels Group 

    Thermo
Fisher Scientific Inc.

    2000 Park
Lane Drive

    Pittsburgh,
PA 15275

     

    Dear
Alan,

     

    Congratulations!
Last May, we communicated our intention to merge two world class leaders within
our industry, Thermo Electron Corporation and Fisher Scientific International
Inc., into a powerful new company. We are very excited that this vision has now
been realized, resulting in the genesis of our new company, Thermo Fisher
Scientific Inc., the world leader in serving science. This letter confirms my
offer and your acceptance, to the position of Senior Vice President and
President, Customer Channels Group, effective immediately.

     

    In this
position, you will report directly to the CEO and the position will be based in
Pittsburgh, PA. You will be an officer of Thermo Fisher Scientific Inc. Your
starting base salary will be $480,000 (annualized), and your target amount for
annual incentive compensation will be 70% of base salary, and is subject to a
multiplier of 0-2 times based on a combination of subjective and objective
factors. For a period of two years after the closing of the merger, you will
continue to be eligible for comparable benefits and for a long-term incentive
opportunity that are not materially reduced from those levels in effect prior to
the closing of the merger.

     

    I am
pleased to inform you that you have been granted an award of 151,400 stock
options in our new company, Thermo Fisher Scientific Inc. In addition, I am
delighted to inform you that you have been awarded 13,000 shares of restricted
Thermo Fisher Scientific Common Stock as well as an additional Performance
Enhancement Opportunity, that allows you to earn up to another 13,000 shares of
Common Stock subject to specific company metrics being achieved in the
future.

     

    Please
note that the awards above are subject to the terms and conditions, including
vesting, of the applicable equity incentive plan and appropriate agreements. The
terms and conditions of your awards as well as other relevant information will
be delivered to you in a separate communication.

     

    The
equity awards above are also granted contingent upon your signing Thermo Fisher
Scientific's Standard Non-Compete Agreement for executive band employees, a copy
of which is enclosed. Please return a signed copy of it to Sheila Moylan in
Waltham (81 Wyman Street Waltham, Massachusetts 02454) by November
10, 2006.  A return envelope is provided for your convenience.
If you have any questions regarding the agreement, please contact John Piccione
in Thermo Fisher's Legal Department at 781-622-1292 or by e-mail at john.piccione@thermofisher.com.

     

    We both
acknowledge and agree that your acceptance of this position cannot be used by
you in the future as the basis for terminating your employment for "Good Reason"
(as that term is defined in either the Fisher Scientific International Inc. 2005
Equity Incentive Plan or the Notice of Participation in the Fisher Scientific
International Inc. Severance Plan for Key Employees that you previously
received).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Also
attached are the standard Executive Severance and Executive Change in Control
Agreements which for new executives of Thermo Fisher.  Please return a
signed copy of these two agreements to Sheila Moylan as soon as possible, but no
later than November 21, 2006.

     

    Since
Thermo Electron’s standard policy does not provide for agreements guaranteering
employment for any specific period of time, this letter is not intended to be
construed as an employment contract and your employment will therefore remain
“at will.”  Please acknowledge, sign and return a copy of this letter
to me.  In the interim, should you have any questions, please contact
me.

     

    Congratulations
on your appointment to this important position in the new
Company.  Everyone is looking forward to working with
you.  Welcome to the team!

     

    Sincerely,

     

    /s/
Marijn
Dekkers                      

    Marijn
Dekkers

    President
& CEO

     

    CC:  Steve
Sheehan, Bill Burke

     

    Attachments

    
      	
              1.  

            	
              Non-Compete

            

    

    
      	
              2.  

            	
              Executive
      Severance

            

    

    
      	
              3.  

            	
              Executive
      Change in Control (C.I.C.)

            

    

     

    
By: /s/
Alan J.
Malus                                                    ___________________

           Alan
Malustmok2007ex10_75.htm

    Exhibit
10.75

    

    

    Amendments
to Certain Stock Option Plans

    

    Effective
February 27, 2008, all stock option plans of Thermo Fisher Scientific Inc. (the
“Company”) with stock options outstanding thereunder but pursuant to which
additional stock options may no longer be granted, and all stock option plans of
the Company’s former subsidiaries assumed by the Company, that did not already
include the following provision were amended to provide that unless such action
is approved by the Company’s stockholders:  (1) no outstanding option
granted under the relevant plan may be amended to provide an exercise price per
share that is lower than the then-current exercise price per share of such
outstanding option (other than adjustments in the event of certain extraordinary
transactions) and (2) the Board may not cancel any outstanding option (whether
or not granted under the relevant plan) and grant in substitution therefor new
awards under the relevant plan covering the same or a different number of shares
of common stock and having an exercise price per share lower than the
then-current exercise price per share of the cancelled
option.

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