SEC Contract Filing

Filing Date: 2017-06-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>d361061dex102.htm
<DESCRIPTION>EX-10.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-10.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>S<SMALL>EVERANCE</SMALL> <SMALL>AND</SMALL> C<SMALL>HANGE</SMALL> <SMALL>IN</SMALL> C<SMALL>ONTROL</SMALL> P<SMALL>LAN</SMALL> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">This Severance and Change in Control Plan (this &#147;<B>Plan</B>&#148;) was adopted by the Board of Directors of DexCom, Inc., a Delaware
corporation (the &#147;<B>Company</B>&#148;) on June&nbsp;1, 2017 (the &#147;<B>Effective Date</B>&#148;). Each executive that is provided benefits under this Plan (&#147;<B>Executive</B>&#148;) shall be eligible to receive payments from the Plan
only if he or she has signed the Participation Agreement in the form attached as <U>Exhibit A</U> to this Plan (a &#147;<B>Participation Agreement</B>&#148;). References to this Plan shall include any individual&#146;s Participation Agreement, as
applicable. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.<B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>T<SMALL>ERM</SMALL> <SMALL>OF</SMALL> A<SMALL>GREEMENT</SMALL>.</B> </TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">Except to the extent
renewed as set forth in this <U>Section</U><U></U><U>&nbsp;1</U>, this Plan, and each Participation Agreement, shall terminate upon the three year anniversary of the Effective Date (as amended or extended, the &#147;<B>Expiration Date</B>&#148;) and
any individual Participation Agreement shall terminate upon the earlier of (i)&nbsp;the date the Executive&#146;s employment with the Company terminates for a reason other than a Qualifying Termination as described below or (ii)&nbsp;the date the
Company has met all of its obligations under this Plan following a Qualifying Termination of the Executive&#146;s employment; provided, that, if there occurs a Potential Change in Control on or before the Expiration Date, then this Plan shall remain
in effect until any benefits under this Plan are no longer capable of being earned as a result of a Qualifying Termination as described below. This Plan shall expire on the initial Expiration Date, unless renewed by the Board. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"><B>S<SMALL>EVERANCE</SMALL> B<SMALL>ENEFIT</SMALL></B><SMALL><B></B></SMALL><B>.</B> </TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Any other provision of
this Plan notwithstanding, Executive&#146;s receipt of any payments or benefits under this <U>Section</U><U></U><U>&nbsp;2</U> is subject to Executive&#146;s delivery to the Company of a general release (in a form prescribed by the Company) of all
known and unknown claims that he or she may then have against the Company or persons affiliated with the Company (the &#147;<B>Release</B>&#148;), and satisfaction of all conditions to make the Release effective, within sixty (60)&nbsp;days
following Executive&#146;s Qualifying Termination (such sixty (60)&nbsp;day period, the &#147;<B>Release</B><B><I> </I></B><B>Period</B>&#148;). In no event will any payment or benefits under this Plan be paid or provided until the Release becomes
effective and irrevocable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Payment of the severance and/or bonus payment, if any, payable pursuant to <U>Section 2(a)(i)</U> and <U>Section 2(b)(i)</U>
and (ii)(II), as applicable, shall be made in a single lump sum payment, within thirty (30)&nbsp;days following expiration of the Release Period. Payment of the bonus amount, if any, payable pursuant to Section 2(a)(ii) or 2(b)(ii)(I) shall be
payable on the first payroll date following the final determination of such bonus amount for other bonus recipients generally, but not later than March 15<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> of the year following such Qualifying
Termination. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Other than During a Change in Control Period</B>. If the Executive is subject to a Qualifying
Termination other than during a Change in Control Period, the Executive shall be entitled to the following: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<U>Severance Payments</U>. The Company shall pay the Executive the Severance Multiple (Other than During a Change
in Control Period) as defined in the Executive&#146;s Participation Agreement. To the extent the foregoing amount is payable under <U>Section 2(b)</U>, it will not be paid under this <U>Section 2(a)</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

<p Style='page-break-before:always'>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0p