Document:

Exhibit 10.1

 

Amendment
NO. 1 to AMENDED AND RESTATED employment Agreement

 

This
AMENDMENT NO. 1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Amendment”) is entered into this 27 day of December
2021 (the “Effective Date”), by and between MIRION TECHNOLOGIES, INC., a Delaware corporation (the “Company”),
and THOMAS D. LOGAN (“Executive”) (each of Executive and the Company, a “Party” and collectively,
the “Parties”).

 

WHEREAS, Executive
has been employed by the Company pursuant to the terms of that certain Amended and Restated Employment Agreement, by and between Executive
and the Company, dated as of August 13, 2021 (the “Agreement”);

 

WHEREAS, the Company
desires to continue to employ Executive as the Chief Executive Officer and for Executive to serve as Chief Executive Officer of the Company
and wishes to acquire and be assured of Executive’s services as of and after the Effective Date on the terms and conditions hereinafter
set forth; and

 

WHEREAS,
Executive desires to continue to be employed by the Company as the Chief Executive Officer and to perform and to serve the Company on
the terms and conditions hereinafter set forth.

 

NOW
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties,
the Company and Executive hereby agree as follows:

 

		1.	AMENDMENTS

 

		(a)	Section 3(a) is hereby
deleted and replaced in its entirety with the following:

 

The
Executive shall receive a base salary of $700,000 per year (“Base Salary”) Base Salary shall be payable in accordance
with the payroll policies from time to time in effect at the Company. Executive’s Base Salary shall be subject to increase (but
not decrease) on an annual basis as the Compensation Committee of the Board (the “Compensation Committee”) shall determine
in its sole discretion.

 

(b)  
The first sentence of Section 3(b) of the Agreement is hereby deleted and replaced in its entirety with the following:

 

In addition
to Base Salary, during the Employment Period, Executive shall be eligible to receive an annual cash incentive bonus targeted at one hundred
percent (100%) of Base Salary (the “Target Bonus”), with the potential to receive up to one hundred and fifty percent
(150%) of Base Salary, based on the achievement of performance criteria determined by the Compensation Committee (the actual bonus that
is paid, the “Incentive Bonus”).

 

		(c)	A new
                                            Section 3(e) is hereby added:

 

     

     

    

Equity
Grants. 

 

(i)
2021 Retention Grant. Executive shall receive a one-time retention/bridge equity incentive grant having a target total grant date
value equal to $6,000,000 (2/3 of which will be in the form of time-vesting restricted stock units (“RSUs”) and 1/3
of which will be in the form of performance-vesting restricted stock units (“PSUs”)), effective on the Effective Date.
The terms and conditions of such equity incentive grants (including, but not limited to, the vesting conditions) shall be set forth in
separate award agreements, and shall in all events be subject to the terms and conditions of the Mirion Technologies, Inc. Omnibus Incentive
Plan (the “Incentive Plan”).

 

(ii)
Annual Equity Grants. Beginning in calendar year 2022 and each subsequent calendar year occurring during the Employment Period,
Executive shall be eligible to be considered for annual long-term equity incentive grants having a target total grant date value equal
to $2,700,000 (2/3 of which will be in the form of RSUs and 1/3 of which will be in the form of PSUs for calendar year 2022 and subject
to a different mix of RSUs and PSUs in future years at the discretion of the Board), with any such grants to be made at the same time
as other senior executives of the Company. The terms and conditions of such equity incentive grants (including, but not limited to, the
vesting conditions) shall be set forth in separate award agreements, and shall in all events be subject to the terms and conditions of
the Incentive Plan and the approval of the Board.

 

		(d)	Section
                                            4 is hereby deleted and replaced in its entirety with the following:

 

Reimbursement
for Expenses. During the Employment Period, Executive shall be entitled to incur on behalf of the Company reasonable and necessary
expenses in connection with his duties in accordance with the Company’s policies and the Company shall pay for or reimburse Executive
for all such expenses upon Executive’s presentation of proper receipts therefore including, without limitation, (a) reimbursement
for first class air travel expenses, (b) the cost of an annual local executive physical examination (e.g., Monterey Program for
Executive Health), up to $10,000 and (c) the costs of annual financial planning services, up to $5,000 per year.

 

		(e)	Section
                                            6(c) is hereby deleted and replaced in its entirety with the following:

 

(c) Termination Without Cause or
by Executive for Good Reason; Termination Without Cause or by Executive for Good Reason in Connection with a Change in Control. If
Executive’s employment has been terminated by the Company at any time during the Employment Period without Cause or by Executive
for Good Reason (with certain enhancements pursuant to Section 6(c)(ii) if such termination occurs within twenty-four (24) months immediately
following a Change in Control (as such term is defined in the Incentive Plan) that occurs after January 1, 2022), Executive shall, subject
to timely compliance with Section 6(h), be entitled to an amount equal to:

 

(i)  
Base Salary through the date of termination;

 

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(ii)  
Base Salary for the Severance Period (as defined in Section 6(g)), payable in accordance with the usual payroll policies
in effect at the Company as if Executive was employed at the time; provided however that, if Executive’s termination of
employment pursuant to this Section 6(c) occurs within twenty-four (24) months immediately following a Change in Control that occurs
after January 1, 2022, Executive shall instead be entitled to two (2) times the sum of (A) his Base Salary and (B) his Target Bonus,
which amount shall be paid in equal installments over the Severance Period in accordance with the usual payroll policies in effect at
the Company as if Executive was employed at the time; provided, further that any such payments under this Section 6(c)(ii)
that otherwise would be paid prior to the date that the release contemplated by Section 6(h) (the “Release”) becomes
effective instead shall be paid within five (5) business days after such effective date, and the remaining such payments shall be paid
over the remainder of the Severance Period; provided, further, that if the period during which Executive may execute and
revoke the Release begins in one calendar year and ends in the next calendar year, then any such payments that otherwise would be paid
in such first calendar year instead shall be paid during the first fifteen business days of such next calendar year;

 

(iii)  
a pro rata portion of Executive’s Incentive Bonus, if any, for the applicable period during the fiscal year in which termination
occurs (which portion of such bonus shall be reasonably determined by the Compensation Committee), payable at the same time as such payment
would be made while Executive was employed by the Company;

 

(iv)  
any accrued and unpaid vacation pay, unreimbursed expenses or other benefits which may be applicable to and owing in accordance
with Company policies or applicable law; and

 

(v)  
continuation of all health benefits offered to senior executives of the Company for eighteen (18) months immediately following
the date of termination of employment.

 

The Company agrees
that if the Executive’s employment with the Company is terminated without Cause or by the Executive for Good Reason, the Executive
is not required to seek other employment or to attempt in any way to reduce any amount payable to the Executive by the Company pursuant
to this Agreement. For the avoidance of doubt, any payments made pursuant to this Agreement during the Severance Period shall be in lieu
of, and not in addition to, any severance payments generally paid by the Company to its employees, including pursuant to any plan or
policy of the Company.

 

		(f)	Section
                                            6(g) is hereby deleted and replaced in its entirety with the following:

 

Severance
Period Defined. For purposes of this Agreement, “Severance Period” shall mean the period, if any, beginning on
the date of the termination of Executive’s employment as described in Section 6(c) and ending on the date that is twenty-four
(24) months thereafter. Any severance payments made pursuant to this Agreement shall be in lieu of any severance payments generally paid
by the Company to its employees.

 

		(g)	Section
                                            11 is hereby deleted and replaced in its entirety with the following:

 

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Code
Section 280G. To the extent that any of the payments and benefits provided for under this
Agreement together with any payments or benefits under any other agreement or arrangement between the Company and Executive (collectively,
the “Payments”) would constitute a “parachute payment” within the meaning of Section 280G of the
Code, the amount of such Payments shall be reduced to the amount that would result in no portion of the Payments being subject to the
excise tax imposed pursuant to Section 4999 of the Code if and only if such reduction would provide Executive with an after-tax
amount greater than if there was no reduction.  Unless the Company and Executive otherwise agree, any determination required
under this Section 11 shall be made in writing in good faith by the Company’s independent accounting firm or such other nationally
or regionally recognized accounting firm selected by the Company (the “Accountants”), whose determination shall be
conclusive and binding upon the Executive and the Company for all purposes. Any reduction shall
be done in a manner that maximizes the amount to be retained by Executive, provided that to the extent any order is required to be set
forth herein, then such reduction shall be applied in the following order: (i) payments that are payable in cash that are valued
at full value under Treasury Regulation Section 1.280G-1, Q&A 24(a) will be reduced (if necessary, to zero), with amounts
that are payable last reduced first; (ii) payments due in respect of any equity valued at full value under Treasury Regulation Section 1.280G-1,
Q&A 24(a) will be reduced next (if necessary, to zero), with amounts that are payable or deliverable last reduced first; (iii) payments
that are payable in cash that are valued at less than full value under Treasury Regulation Section 1.280G- 1, Q&A 24 will be
reduced next (if necessary, to zero), with the highest values reduced first (as such values are determined under Treasury Regulation
Section 1.280G-1, Q&A 24); (iv) payments due in respect of any equity valued at less than full value under Treasury Regulation
Section 1.280G-1, Q&A 24 will be reduced next (if necessary, to zero), with the highest values reduced first (as such values
are determined under Treasury Regulation Section 1.280G-1, Q&A 24); and (v) all other non-cash benefits not otherwise described
in clauses (ii) or (iv) of this Section 11 will be next reduced pro rata. The Company and Executive
shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination
under this Section 11. The Company shall bear all costs that the Accountants may reasonably incur in connection with any calculations
contemplated by this Section 11.

 

		2.	EFFECTIVENESS OF AMENDMENT;
                                            COUNTERPARTS

 

This
Amendment shall become effective on the Effective Date. Except as amended by the terms of this Amendment, the Agreement shall remain
in full force and effect in accordance with its terms. This Amendment may be executed by electronic transmission (i.e., facsimile
or electronically transmitted portable document (PDF) or DocuSign or similar electronic signature) and in counterparts any one of which
need not contain the signature of more than one Party, but all such counterparts taken together will constitute one and the same instrument.

 

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Page Left Intentionally Blank]

 

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IN
WITNESS WHEREOF, the parties hereto have duly executed this Amendment as of the date first written above.

 

	 	MIRION TECHNOLOGIES, INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/
    Emmanuelle Lee
	 	  	Name:  	Emmanuelle Lee
	 	  	Title:  	General Counsel
	 	 	 	 
	 	 	 	 
	 	EXECUTIVE
	 	 
	 	 
	 	/s/ Thomas D. Logan
	 	Thomas D. LoganExhibit 10.2

 

Amendment
NO. 1 to THIRD AMENDED AND RESTATED employment Agreement

 

This
AMENDMENT NO. 1 TO THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Amendment”) is entered into this 27 day
of December 2021 (the “Effective Date”), by and between MIRION TECHNOLOGIES, INC., a Delaware corporation (the “Company”),
and BRIAN SCHOPFER (“Executive”) (each of Executive and the Company, a “Party” and collectively,
the “Parties”).

 

WHEREAS, Executive
has been employed by the Company pursuant to the terms of that certain Third Amended and Restated Employment Agreement, by and between
Executive and the Company, dated as of May 1, 2020 (the “Agreement”);

 

WHEREAS, the Company
desires to continue to employ Executive as the Chief Financial Officer and for Executive to serve as Chief Financial Officer of the Company
and wishes to acquire and be assured of Executive’s services as of and after the Effective Date on the terms and conditions hereinafter
set forth; and

 

WHEREAS,
Executive desires to continue to be employed by the Company as the Chief Executive Officer and to perform and to serve the Company on
the terms and conditions hereinafter set forth.

 

NOW
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties,
the Company and Executive hereby agree as follows:

 

		1.	AMENDMENTS

 

		(a)	Section
                                            8(c) is hereby deleted and replaced in its entirety with the following:

 

Termination Without Cause; Termination
Without Cause in Connection with a Change in Control. If Executive’s employment is terminated
by the Company at any time during the Employment Period without Cause (with certain enhancements pursuant to Section 8(c)(i) if
such termination occurs within twelve (12) months immediately following a Change in Control (as such term is defined in the Incentive
Plan) that occurs after January 1, 2022), Executive shall be entitled to receive Executive’s
Base Salary through the date of termination as well as any accrued benefits through the date of termination which may be owing in accordance
with the Company’s policies. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated
and completely extinguished. Upon termination without Cause, Executive will also be entitled to the following from the Company: (i) payment
of an amount equal to Executive’s then current Base Salary for a period of twelve (12) months following Executive’s
termination (the “Severance Period”), payable in accordance with the usual payroll policies in effect at the Company
as if Executive was employed at the time, commencing on the first payroll date occurring sixty (60) days from the date of termination;
provided however that, if Executive’s termination of employment pursuant to this Section 8(c) occurs within twelve
(12) months immediately following a Change in Control that occurs after

 

     

     

    

January 1, 2022, Executive shall instead
be entitled to one (1) times the sum of (A) his Base Salary and (B) his target amount of his Incentive Bonus (the “Target Bonus”),
which amount shall be paid in equal installments over the Severance Period in accordance
with the usual payroll policies in effect at the Company as if Executive was employed at the time,
commencing on the first payroll date occurring sixty (60) days from the date of termination; provided, further
that any such payments under this Section 8(c)(i) that otherwise would be paid prior to the date that the release contemplated by
Section 8(h) (the “Release”) becomes effective instead shall be paid within fifteen (15) business days after such
effective date, and the remaining such payments shall be paid over the remainder of the Severance Period; provided, further,
that if the period during which Executive may execute and revoke the Release begins in one calendar year and ends in the next calendar
year, then any such payments that otherwise would be paid in such first calendar year instead shall be paid during the first fifteen
business days of such next calendar year; (ii) a pro rata portion of Executive’s Incentive
Bonus, if any, for the applicable period during the fiscal year ending on the date of termination (which portion of the Incentive Bonus
shall be reasonably determined by the Board of Directors at the end of the applicable bonus period), payable at the same time as such
payment would be made during Executive’s regular employment with the Company; and (iii) continued payment by the Company,
for a period equal to the lesser of (A) the Severance Period and (B) such time that Executive commences employment with a new
employer and becomes eligible to participate in that employer’s health care benefits plan, of the group health continuation coverage
premiums for Executive and Executive’s eligible dependents under Title X of the Consolidated Budget Reconciliation Act of 1985,
as amended (“COBRA”) provided that Executive elects to continue and remains eligible for these benefits under COBRA.
Notwithstanding the foregoing, if the Company determines, in its sole discretion, that the payment of the COBRA premiums would result
in a violation of the nondiscrimination rules of Section 105(h)(2) of the Internal Revenue Code of 1986, as amended or any statute
or regulation of similar effect (including but not limited to the 2010 Patient Protection and Affordable Care Act, as amended by the
2010 Health Care and Education Reconciliation Act), then in lieu of reimbursing the COBRA premiums, the Company, in its sole discretion,
may elect to instead pay Executive on the first day of each month, a fully taxable cash payment equal to the COBRA premiums for that
month, subject to applicable tax withholdings (such amount, the “Special Severance Payment”), for the remainder of
the Severance Period. Executive may, but is not obligated to, use such Special Severance Payment toward the cost of COBRA premiums.

 

		(b)	Section
                                            8(e) is hereby deleted and replaced in its entirety with the following:

 

Termination
by Executive for Good Reason; Termination by Executive for Good Reason in Connection with a Change in Control. Executive
may voluntarily resign Executive’s position with Company for Good Reason (as defined below), at any time on sixty (60) days’
advance written notice. In the event of Executive’s resignation for Good Reason (with certain enhancements pursuant to Section
8(e)(i) if such termination occurs within twelve (12) months immediately following a Change in Control that occurs after January 1, 2022),
Executive will be entitled to receive Executive’s Base Salary through the date of termination, and any accrued benefits through
the date of termination which may be owing in accordance with the Company’s policies. All other Company obligations to Executive
pursuant to this Agreement will become automatically terminated and completely extinguished. Upon termination for Good Reason, Executive
shall also 

 

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be
entitled to the following from the Company: (i) payment of an amount equal to Executive’s then current Base Salary for the
Severance Period, payable in accordance with the usual payroll policies in effect at the Company as if Executive was employed at the
time, commencing on the first payroll date occurring sixty (60) days from the date of termination; provided
however that, if Executive’s termination of employment pursuant to this Section 8(e) occurs within twelve (12) months immediately
following a Change in Control that occurs after January 1, 2022, Executive shall instead be entitled to one (1) times the sum of (A)
his Base Salary and (B) his Target Bonus, which amount shall be paid in equal installments over the
Severance Period in accordance with the usual payroll policies in effect at the Company as if Executive was employed at the time,
commencing on the first payroll date occurring sixty (60) days from the date of termination; provided, further
that any such payments under this Section 8(e)(i) that otherwise would be paid prior to the date that the Release becomes effective
instead shall be paid within five (5) business days after such effective date, and the remaining such payments shall be paid over the
remainder of the Severance Period; provided, further, that if the period during which Executive may execute and revoke
the Release begins in one calendar year and ends in the next calendar year, then any such payments that otherwise would be paid in such
first calendar year instead shall be paid during the first fifteen business days of such next calendar year; (ii) a
pro rata portion of Executive’s Incentive Bonus, if any, for the applicable period during the fiscal year ending on the date of
termination (which portion of the Incentive Bonus shall be reasonably determined by the Board of Directors at the end of the applicable
bonus period), payable at the same time as such payment would be made during Executive’s regular employment with the Company; and
(iii) continued payment by the Company, for a period equal to the lesser of (A) the Severance Period and (B) such time
that Executive commences employment with a new employer and becomes eligible to participate in that employer’s health care benefits
plan, of the group health continuation coverage premiums for Executive and Executive’s eligible dependents under COBRA provided
that Executive elects to continue and remains eligible for these benefits under COBRA. Notwithstanding the foregoing, if the Company
determines, in its sole discretion, that the payment of the COBRA premiums would result in a violation of the nondiscrimination rules
of Section 105(h)(2) of the Internal Revenue Code of 1986, as amended or any statute or regulation of similar effect (including
but not limited to the 2010 Patient Protection and Affordable Care Act, as amended by the 2010 Health Care and Education Reconciliation
Act), then in lieu of reimbursing the COBRA premiums, the Company, in its sole discretion, may elect to instead pay Executive on the
first day of each month, the Special Severance Payment, for the remainder of the Severance Period. Executive may, but is not obligated
to, use such Special Severance Payment toward the cost of COBRA premiums.

 

		(c)	A new
                                            Section 22 is hereby added as follows:

 

Code Section
280G. To the extent that any of the payments and benefits provided for under this Agreement
together with any payments or benefits under any other agreement or arrangement between the Company and Executive (collectively, the
“Payments”) would constitute a “parachute payment” within the meaning of Section 280G of the Code,
the amount of such Payments shall be reduced to the amount that would result in no portion of the Payments being subject to the excise
tax imposed pursuant to Section 4999 of the Code if and only if such reduction would provide Executive with an after-tax amount
greater than if there was no reduction.  Unless the Company and Executive otherwise agree, any determination required under
this Section 22 shall be made in

 

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writing in good
faith by the Company’s independent accounting firm or such other nationally or regionally recognized accounting firm selected by
the Company (the “Accountants”), whose determination shall be conclusive and binding upon the Executive and the Company
for all purposes. Any reduction shall be done in a manner that maximizes the amount to be retained
by Executive, provided that to the extent any order is required to be set forth herein, then such reduction shall be applied in the following
order: (i) payments that are payable in cash that are valued at full value under Treasury Regulation Section 1.280G-1, Q&A
24(a) will be reduced (if necessary, to zero), with amounts that are payable last reduced first; (ii) payments due in respect
of any equity valued at full value under Treasury Regulation Section 1.280G-1, Q&A 24(a) will be reduced next (if necessary,
to zero), with amounts that are payable or deliverable last reduced first; (iii) payments that are payable in cash that are valued
at less than full value under Treasury Regulation Section 1.280G- 1, Q&A 24 will be reduced next (if necessary, to zero), with
the highest values reduced first (as such values are determined under Treasury Regulation Section 1.280G-1, Q&A 24); (iv) payments
due in respect of any equity valued at less than full value under Treasury Regulation Section 1.280G-1, Q&A 24 will be reduced
next (if necessary, to zero), with the highest values reduced first (as such values are determined under Treasury Regulation Section 1.280G-1,
Q&A 24); and (v) all other non-cash benefits not otherwise described in clauses (ii) or (iv) of this Section 22 will
be next reduced pro rata. The Company and Executive shall furnish to the Accountants such information and documents as the Accountants
may reasonably request in order to make a determination under this Section 22. The Company shall bear all costs that the Accountants
may reasonably incur in connection with any calculations contemplated by this Section 22.

 

		2.	EFFECTIVENESS OF AMENDMENT;
                                            COUNTERPARTS

 

This
Amendment shall become effective on the Effective Date. Except as amended by the terms of this Amendment, the Agreement shall remain
in full force and effect in accordance with its terms. This Amendment may be executed by electronic transmission (i.e., facsimile
or electronically transmitted portable document (PDF) or DocuSign or similar electronic signature) and in counterparts any one of which
need not contain the signature of more than one Party, but all such counterparts taken together will constitute one and the same instrument.

 

***********

 

[Remainder of
Page Left Intentionally Blank]

 

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IN
WITNESS WHEREOF, the parties hereto have duly executed this Amendment as of the date first written above.

 

	 	MIRION TECHNOLOGIES, INC.
	 	 
	 	 
	 	By:	/s/
    Thomas D. Logan
	 	    	Name:  	Thomas D. Logan
	 	    	Title:    	 
	 	 	 	 
	 	 	 	 
	 	EXECUTIVE
	 	 	 	 
	 	/s/
    Brian Schopfer
	 	Brian Schopfer

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