Document:

Form of Executive Change

 Exhibit 10.47 
  
 EXECUTIVE CHANGE OF CONTROL SEVERANCE AGREEMENT 
  
 THIS EXECUTIVE CHANGE IN CONTROL SEVERANCE AGREEMENT dated as of
                    , 2004 (as the same may be amended, restated, supplemented or otherwise modified from time to time hereafter, this
“Agreement”), is entered into between Columbia Laboratories, Inc., a Delaware corporation having its corporate offices at 354 Eisenhower Parkway, Livingston, New Jersey (“Columbia” or the “Company”), and
                     (“Executive”). 
  
 WITNESSETH: 
  
 WHEREAS, the Company desires to create a greater incentive for Executive to remain in the employ of the Company, particularly in the event of any possible
change or threatened change in control of the Company; and 
  
 NOW
THEREFORE, in partial consideration of Executive’s past and future services to the Company and the mutual covenants contained herein, the parties hereby agree as follows: 
  

	 	1.	Termination Following A Change in Control 

  
 (a) Qualifying Termination. Executive shall be entitled to the compensation and benefits listed in Paragraph 1(b), in addition to compensation and
benefits to which Executive would otherwise be entitled as of the date of termination, if Executive’s employment with the Company is terminated either (i) by the Company for any reason other than for Cause or (ii) by Executive for Good Reason,
in each case within 90 days before a Change in Control or within one year following the occurrence of any Change in Control or successive Change of Control that occurs and Executive properly executes, and does not revoke or attempt to revoke, a
valid and reasonable release of claims against the Company, its affiliates and their employees and agents. 
  

	 	(b)	Compensation and Benefits. 

  
 (i) Lump Sum Payment. Within ten business days after a Qualified Event (or the last day of any period during which any release may be revoked by
Executive), the Company shall make a lump sum cash payment to Executive, subject to any mandatory tax withholding, equal to one times Executive’s Base Salary and Bonus for the year prior to the Change in Control plus a lump sum payment equal to
the value of the Fringe Benefits provided to Executive for the year prior to the Change in Control. 
  
 (ii) Excise Tax Gross-Up Payment. In the event it shall be determined that any payment or distribution of any type to or for the benefit of the
Executive directly or indirectly by the Company, any affiliate of the Company, any person who acquires ownership or effective control of the company or ownership of a substantial portion of the company’s assets (within the meaning of Section
280G of the Internal 

 Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder) or any affiliate
of such person, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise (the “Total Payments”), is or will be subject to the excise tax imposed by Section 4999 of the Code or any
interest or penalties with respect to such excise tax (such excise tax, together with any such interest and penalties, are collectively referred to as the “Excise Tax”), then the Executive shall be entitled to receive an additional payment
(a “Gross-Up Payment”) in an amount such that after payment by the Executive of all taxes (including any interest or penalties imposed with respect to such taxes), including any Excise Tax, imposed upon the Gross-Up Payment, the Executive
retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon the Total Payments. 
  

	 	2.	Definitions. 

  
 (a) Bonus. “Bonus” shall mean the greater of (i) the bonus, if any, paid to Executive in the year prior to the Qualifying Termination,
(ii) the bonus, if any, paid to Executive in the year prior to the Change in Control, or (iii) the Executive’s target bonus at the time of the Change in Control. 
  
 (b) Base Salary. “Base Salary” shall mean the greater of (i) the annual rate of base salary in effect for
Executive at the time of the Qualifying Termination or (ii) the annual rate of base salary in effect for Executive at the time of the Change in Control. 
  
 (c) Cause. “Cause” shall mean termination based on (i) gross negligence, recklessness or malfeasance in the performance of
Executive’s duties; (ii) Executive committing any criminal act; (iii) Executive committing any act of fraud or other material misconduct resulting or intending to result directly or indirectly in gain or personal enrichment at the expense of
Company; (iv) Executive willfully engaging in any conduct relating to the business of Company that could reasonably be expected to have a materially detrimental effect on the business or financial condition of the Company; (v) misconduct which
materially discredits or damages Company, or violates Company’s policies or procedures, after Company has notified Executive of the actions Company deems to constitute non-compliance; (vi) Executive materially breaches Executive’s
obligations relating to confidential information, non-solicitation and non-competition. 
  
 (d) Change In Control. “Change in Control” shall have occurred if (a) there shall have consummated (i) any consolidation or merger of Company in which Company is not the continuing or surviving entity
or pursuant to which shares of Company’s common stock would be converted to cash, securities or other property, other than a merger of Company in which the holders of Company’s common stock immediately prior to the merger have the same
proportionate ownership of common stock of the surviving entity immediately after the merger, or (ii) any sale, lease, exchange or transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the
company; or (b) the stockholders of the Company approve a plan or proposal for the liquidation or dissolution of the Company; or (c) any person (as that term is used in Sections 13(d) and 14(d)(z) of the Securities and Exchange Act, as amended (the
“Exchange Act”)) shall become a beneficial owner (within the meaning of Rule 13d-2 under the 
  

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 Exchange Act) of 40% or more of Company’s outstanding common stock; or (d) during any period of two consecutive
years, individuals who at the beginning of such period constitute the entire Board shall cease for any reason to constitute a majority thereof unless the election, or the nomination for election by Company’s stockholders, of each new director
was approved by a vote of at least 50% of the directors eligible to vote who were directors at the beginning of the period. 
  
 (e) Good Reason. “Good Reason” means (i) a material reduction in Executive’s level of duties or responsibilities or the nature of
Executive’s functions; (ii) a reduction in Executive’s Base Salary; or (ii) Company has, without Executive’s consent, relocated Executive’s office more than 100 miles from its location at the commencement of this Agreement.

  
 3. Applicable Laws and Consent to Jurisdiction.
The validity, construction, interpretation, and enforceability of this Agreement shall be determined and governed by the laws of the State of New Jersey without giving effect to the principles of conflicts of law. For the purpose of litigating any
dispute that arises under this Agreement, the parties hereby consent to exclusive jurisdiction of, and agree that such litigation shall be conducted in, any state or federal court located in the State of New Jersey. 
  
 7. Severability. The provisions of this Agreement are severable
and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 
  
 8. Miscellaneous; Waiver. Executive further agrees that this Agreement sets forth the entire Agreement between
the Company and Executive with respect to the subject matter herein, supersedes any and all prior agreements between the Company and Executive with respect to the subject matter herein, and shall not be amended or added to except in writing signed
by the Company and Executive. Executive understands that Executive may not assign Executive’s duties and obligations under this Agreement to any other party and that the Company may, at any time and without further action by or the consent of
Executive, assign this Agreement to any of its affiliated companies.  
  
 9. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute one and the same agreement.

  
 10. Successors and Assigns. This Agreement shall
be binding on the successors and heirs of Executive and shall inure to the benefit of the successors and assigns of the Company. 
  
 11. Notices. Any notice required or permitted hereunder shall be in writing and shall be sufficiently given if personally delivered or if
sent by registered or certified mail, postage prepaid, with return receipt requested, addressed: (a) in the case of the Company, to Columbia Laboratories, Inc., 354 Eisenhower Parkway, Livingston, New Jersey, attn.: General Counsel, and (b) in the
case of Executive, to Executive’s last known address as reflected in the Company’s records, or to such other address as Executive shall designate by written notice to the Company. Any notice given hereunder shall be deemed given at the
time of receipt thereof by the person to whom such notice is given. 
  

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 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first set forth above.

  

							
	 EXECUTIVE
	 	 	 	 COLUMBIA LABORATORIES, INC.

	  

	 	 	 	 By:
	 	  

	 	 	 	 	 Its:
	 	  

  

 4SHORT TERM INCENTIVE PROGRAM

  
 Exhibit 10(iii)(e)

  
 EXXON MOBIL CORPORATION 
  
 SHORT TERM INCENTIVE PROGRAM 
 (as amended February 25, 2004) 
  
 I. Purposes 
  
 The Short Term Incentive Program is intended to help reward, retain, and motivate selected employees of the Corporation by recognizing efforts and accomplishments which contribute materially to the success of the
Corporation’s business interests. 
  
 II. Definitions 
  
 In this Program, except where the context otherwise indicates, the following definitions
apply: 
  

	 	(1)	 	“Administrative authority” means the Board, a committee designated by the Board, the Chairman of the Board, or the Chairman’s delegates authorized to administer
outstanding awards under this Program, establish requirements and procedures for the operation of the Program, and to exercise other powers assigned to the administrative authority under this Program. 

  

	 	(2)	 	“Affiliate” means a corporation, partnership, limited liability company, or other entity in which the Corporation, directly or indirectly, owns an equity interest and
which the administrative authority determines to be an affiliate for purposes of this Program (including for purposes of determining whether a change of employment constitutes a termination). 

  

	 	(3)	 	“Award” means a bonus, bonus unit, or other award under this Program. 

  

	 	(4)	 	“Board” means the Board of Directors of the Corporation. 

  

	 	(5)	 	“Bonus” means a cash award specific in amount. 

  

	 	(6)	 	“Bonus unit” means a potential cash award whose amount is based upon specified measurement criteria. The term bonus unit includes, but is not limited to, earnings bonus
units. 

  

	 	(7)	 	“Compensation Committee” means the committee of the Board so designated. 

  

	 	(8)	 	“Corporation” means Exxon Mobil Corporation, a New Jersey corporation, or its successors. 

  

	 	(9)	 	“Designated beneficiary” means a person designated by the grantee of an award pursuant to Section XII to be entitled, on the death of the grantee, to any remaining rights
arising out of such award. 

  

	 	(10)	 	 “Detrimental activity” of a grantee means activity at any time, during or after employment with the Corporation or an affiliate, that is determined in
individual cases by the administrative authority to be (a) a material violation of applicable standards, policies, or procedures of the Corporation or an affiliate; or (b) a material breach of legal or other duties owed by the grantee to the
Corporation or an affiliate; or (c) a material breach of any contract between the grantee and the Corporation or an affiliate; or (d) acceptance by grantee of duties to a third party under circumstances that create a material conflict of interest,
or the appearance of a material conflict of interest, with respect to the grantee’s retention of outstanding awards under this Program. Detrimental activity includes, without limitation, activity that 

  

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would be a basis for termination of employment for cause under applicable law in the United States, or a comparable standard under applicable law of another
jurisdiction. With respect to material conflict of interest or the appearance of material conflict of interest, such conflict or appearance might occur when, for example and without limitation, a grantee holding an outstanding award becomes employed
or otherwise engaged by an entity that regulates, deals with, or competes with the Corporation or an affiliate. 

  

	 	(11)	 	“Earnings bonus unit” or “EBU” means an award of the potential right to receive from the Corporation at the settlement date specified in the award instrument, or
at any later payment dates so specified, an amount of cash, up to the specified maximum settlement value, equal to the Corporation’s cumulative net income per common share (basic), as reflected in its quarterly earnings statements as initially
published, commencing with earnings for the first full quarter after the date of grant through the last full quarter preceding the settlement date. 

  

	 	(12)	 	“Employee” means an employee of the Corporation or an affiliate, including a part-time employee or an employee on military, family, or other approved temporary leave.

  

	 	(13)	 	“Exchange Act” means the Securities Exchange Act of 1934, as in effect from time to time. 

  

	 	(14)	 	“Grantee” means a recipient of an award under this Program. 

  

	 	(15)	 	“Granting authority” means the Board or any appropriate committee authorized to grant and amend awards under this Program and to exercise other powers assigned to the
granting authority. 

  

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	 	(16)	 	“Net Income Per Common Share (Basic)” is a measure of net income per common share that is determined on the basis of the weighted average number of shares outstanding in
the period and does not assume dilution. 

  

	 	(17)	 	“Program” means this Short Term Incentive Program, as amended from time to time. 

  

	 	(18)	 	“Reporting person” means a person subject to the reporting requirements of Section 16(a) of the Exchange Act. 

  

	 	(19)	 	“Resign” means to terminate at the initiative of the employee before standard retirement time. Resignation includes, without limitation, early retirement at the initiative
of the employee. The time or date of a resignation for purposes of this Program is not necessarily the employee’s last day on the payroll. See Section XI(2). 

  

	 	(20)	 	“Section 16” means Section 16 of the Exchange Act, together with the rules and interpretations thereunder, as in effect from time to time. 

  

	 	(21)	 	“Standard retirement time” means (a) for each US-dollar payroll employee, the first day of the month immediately following the month in which the employee attains age 65;
and (b) for each other employee, the comparable age in that employee’s payroll country as determined by the administrative authority with reference to local law, custom, and affiliate policies regarding retirement. 

  

	 	(22)	 	 “Terminate” means cease to be an employee for any reason, whether at the initiative of the employee, the employer, or otherwise. That reason could
include, without limitation, resignation or retirement by the employee; discharge of the employee by the employer, with or without cause; death; transfer of employment to an entity that is a not an affiliate; or a sale, 

  

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divestiture, or other transaction as a result of which an employer ceases to be an affiliate. A change of employment from the Corporation or one affiliate to
another affiliate, or to the Corporation, is not a termination. The time or date of termination is not necessarily the employee’s last day on the payroll. See Section XI(2). 

  

	 	(23)	 	“Year” means calendar year. 

  
 III. Administration 
  
 The Board is the ultimate administrative authority for this Program, with the power to interpret and administer its provisions. The Board may delegate its authority to a committee which, except in the case of the
Compensation Committee, need not be a committee of the Board. Subject to the authority of the Board or an authorized committee, the Chairman and his delegates will serve as the administrative authority for purposes of establishing requirements and
procedures for the operation of the Program; making final determinations and interpretations with respect to outstanding awards; and exercising other powers assigned to the administrative authority under this Program. 
  
 IV. No Equity-Security Awards 
  
 It is intended that this Program not be subject to the provisions of Section 16 and that
awards granted hereunder not be considered equity securities of the Corporation within the meaning of Section 16. Accordingly, no award under this Program will be payable in any equity security of the Corporation. In the event an award to a
reporting person under this Program should be deemed to be an equity security of the Corporation within the meaning of Section 16, such award may, to the extent permitted by law and deemed advisable by the granting authority, be amended so as not to
constitute such an equity security, or may be annulled. Each award to a reporting person under this Program will be deemed issued subject to the foregoing qualification. 
  

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 V. Annual Ceiling 
  
 In respect to each year under the Program, the Compensation Committee will, pursuant to authority delegated by the Board, establish a ceiling on the aggregate dollar
amount that can be awarded under the Program. With respect to bonuses and bonus units granted in a particular year under the Program, the sum of (1) the aggregate amount of bonuses, and (2) the aggregate maximum settlement value of bonus units will
not exceed such ceiling. The Compensation Committee may revise the ceiling from time to time as it deems appropriate. 
  
 VI. Right to Grant Awards; Reserved Powers; Eligibility 
  

	 	(1)	 	The Board is the ultimate granting authority for this Program, with the power to select eligible persons for participation and to make all decisions concerning the grant or
amendment of awards. The Board may delegate this authority in whole or in part (a) in the case of reporting persons, to the Compensation Committee; and (b) in the case of employees who are not reporting persons, to a committee of two or more persons
who may, but need not, be directors of the Corporation. 

  

	 	(2)	 	The granting authority has sole discretion to select persons for awards under this Program, except that grants may be made only to persons who at the time of grant are, or within
the immediately preceding 12 months have been, employees of the Corporation or of an affiliate in which the Corporation directly or indirectly holds a 50 percent or greater equity interest. No person is entitled to an award as a matter of right, and
the grant of an award under this Program does not entitle a grantee to any future or additional awards. 

  

	 	(3)	 	No award may be granted to a member of the Compensation Committee. 

  

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 VII. Term 
  
 This Program will continue until terminated by the Board. 
  
 VIII. Form of Bonus 
  
 A bonus may be granted either wholly in cash, wholly in bonus units, or partly in each. 
  
 IX. Settlement of Bonuses 
  
 Each grant will specify the time and method of settlement as determined by the granting authority. Each grant, any portion of which is in bonus units, will specify as the
regular time of settlement for that portion a settlement date, which may be accelerated to an earlier time specified in the award instrument. 
  
 X. Deferred and Installment Settlement; Interest Equivalents 
  

	 	(1)	 	The granting authority may permit or require settlement of any award under this Program to be deferred and to be made in one or more installments upon such terms and conditions as
the granting authority may determine at the time the award is granted or by amendment of the award, provided that settlement may not be made later than the tenth anniversary of the grantee’s date of termination. 

  

	 	(2)	 	 An award that is to be settled in whole or in part in cash on a deferred basis may provide for interest equivalents to be credited with respect to the deferred cash
payment or payments upon such terms and conditions as the granting authority determines. Interest equivalents may be paid currently or may be added to the balance of the award amount and compounded, as specified in the award instrument. Compounded
interest equivalents will be paid in cash upon settlement or payment of the underlying award and will 

  

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expire or be forfeited or cancelled upon the same conditions as the underlying award. The granting authority may delegate to the administrative authority the
right to determine the rate or rates at which interest equivalents will accrue. 

  

	 	(3)	 	Credits of interest equivalents on outstanding awards are not new grants with reference to the eligibility provisions of Section VI(2). 

  

	 	(4)	 	Credits of interest equivalents will not be included in any computation to establish compliance with a ceiling established by the Compensation Committee pursuant to Section V.

  
 XI. Termination, Detrimental Activity 
  

	 	(1)	 	If a grantee terminates before standard retirement time, other than by reason of death, all outstanding awards of the grantee under this Program (including bonuses, bonus units,
EBUs, and other awards not yet paid or settled) will automatically expire and be forfeited as of the date of termination except to the extent the administrative authority (which, in the case of reporting persons, must be the Compensation Committee)
determines otherwise. 

  

	 	(2)	 	For purposes of this Program, the administrative authority may determine that the time or date an employee resigns or otherwise terminates is the time or date the employee gives
notice of resignation, accepts employment with another employer, otherwise indicates an intent to resign, or is discharged. The time or date of termination for this purpose is not necessarily the employee’s last day on the payroll.

  

	 	(3)	 	 If the administrative authority (which, in the case of reporting persons, must be the Compensation Committee) determines that a grantee has engaged in 

  

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detrimental activity, whether or not the grantee is still an employee, then the administrative authority may, effective as of the time of such determination,
cancel and cause to expire all or part of the grantee’s outstanding awards under this Program (including bonuses, bonus units, EBUs, and other awards not yet paid or settled). 

  

	 	(4)	 	If the administrative authority is advised or has reason to believe that a grantee (a) may have engaged in detrimental activity; or (b) may have accepted employment with another
employer or otherwise indicated an intent to resign, the authority may suspend the exercise, delivery, or settlement of all or any specified portion of such grantee’s outstanding awards pending an investigation of the matter.

  
 XII. Death; Beneficiary Designation 
  
 Any rights with respect to an award existing after the grantee dies are exercisable by the
grantee’s designated beneficiary or, if there is no designated beneficiary, by the grantee’s estate representative or lawful heirs as demonstrated to the satisfaction of the administrative authority. Beneficiary designations must be made
in writing and in accordance with such requirements and procedures as the administrative authority may establish. Unless specified otherwise in the award instrument, if a grantee dies, the administrative authority may accelerate or otherwise alter
the settlement of deferred awards to that grantee. 
  
 XIII. Amendments to this
Program and Outstanding Awards 
  

	 	(1)	 	The Board may from time to time amend this Program. An amendment of this Program will, unless the amendment provides otherwise, be immediately and automatically effective for all
outstanding awards. 

  

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	 	(2)	 	Without amending this Program, the granting authority may amend any one or more outstanding awards under this Program to incorporate in those awards any terms that could be
incorporated in a new award under this Program. An award as amended must satisfy any conditions or limitations applicable to the particular type of award under the terms of this Program. 

  
 XIV. Withholding Taxes 
  
 The Corporation has the right, in its sole discretion, to deduct or withhold at any time cash otherwise payable or deliverable in order to
satisfy any required withholding, social security, and similar taxes and contributions with respect to awards under this Program. 
  
 XV. Non-US Awards 
  
 Subject to the limitations contained in this Program, the granting authority may establish different terms and conditions for awards to persons who are residents or nationals of countries other than the United States
in order to accommodate the local laws, tax policies, or customs of such countries. The granting authority may adopt one or more supplements or sub-plans under this Program to implement those different terms and conditions. 
  
 XVI. General Provisions 
  

	 	(1)	 	An award under this Program is not transferable except by will or the laws of descent and distribution, and is not subject to attachment, execution, or levy of any kind. The
designation by a grantee of a designated beneficiary is not a transfer for this purpose. 

  

	 	(2)	 	A particular form of award may be granted to a grantee either alone or in addition to other awards hereunder. The provisions of particular forms of award need not be the same for
each grantee. 

  

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	 	(3)	 	An award may be granted for no consideration, for the minimum consideration required by applicable law, or for such other consideration as the granting authority may determine.

  

	 	(4)	 	An award may be evidenced in such manner as the administrative authority determines, including by physical instrument, by electronic communication, or by book entry. In the event of
any dispute or discrepancy regarding the terms of an award, the records of the administrative authority will be determinative. 

  

	 	(5)	 	The grant of an award under this Program does not constitute or imply a contract of employment and does not in any way limit or restrict the ability of the employer to terminate the
grantee’s employment, with or without cause, even if such termination results in the expiration, cancellation, or forfeiture of outstanding awards. 

  

	 	(6)	 	A grantee will have only a contractual right to the amounts, if any, payable in settlement of an award under this Program, unsecured by any assets of the Corporation or any other
entity. 

  

	 	(7)	 	This Program will be governed by the laws of the State of New York and the United States of America, without regard to any conflict of law rules. 

  

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