SEC Contract Filing

Filing Date: 2016-11-01

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>d283958dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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 <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:120pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">HALYARD HEALTH, INC. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SEVERANCE
PAY PLAN </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Effective November&nbsp;1, 2014 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Amended and Restated October&nbsp;26, 2016 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">TABLE OF CONTENTS </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:36.55pt; font-size:8pt; font-family:Times New Roman"><B>ARTICLE</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:24.50pt; font-size:8pt; font-family:Times New Roman"><B>TITLE</B></P></TD></TR>

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<TD VALIGN="bottom">I</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>NAME, PURPOSE AND EFFECTIVE DATE OF PLAN</TD></TR>
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<TD VALIGN="bottom">II</TD>
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<TD VALIGN="bottom" NOWRAP>DEFINITIONS</TD></TR>
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<TD VALIGN="bottom">III</TD>
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<TD VALIGN="bottom" NOWRAP>ELIGIBILITY AND PARTICIPATION</TD></TR>
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<TD VALIGN="bottom">IV</TD>
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<TD VALIGN="bottom" NOWRAP>SEVERANCE BENEFITS</TD></TR>
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<TD VALIGN="bottom">V</TD>
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<TD VALIGN="bottom" NOWRAP>PLAN ADMINISTRATION</TD></TR>
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<TD VALIGN="bottom">VI</TD>
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<TD VALIGN="bottom" NOWRAP>LIMITATIONS AND LIABILITIES</TD></TR>
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<TD VALIGN="bottom" NOWRAP>APPENDIX A - COVERED EMPLOYERS</TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ARTICLE I </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">NAME, PURPOSE AND EFFECTIVE DATE OF PLAN </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.1</TD>
<TD ALIGN="left" VALIGN="top"><U>Name of the Plan</U>. Halyard Health, Inc. (the &#147;Corporation&#148;) hereby establishes a severance pay plan for its Employees, to be known as the Halyard Health, Inc. Severance Pay Plan (the &#147;Plan&#148;) as
set forth in this document. The Plan is intended to qualify as an employee welfare benefit plan within the meaning of Section&nbsp;3(1) of the Employee Retirement Income Security Act of 1974, as amended (&#147;ERISA&#148;). </TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.2</TD>
<TD ALIGN="left" VALIGN="top"><U>Purpose of the Plan</U>. The purpose of the Plan is to provide Eligible Employees a severance benefit in the event of involuntary termination of employment in certain circumstances. The Plan is not intended as a
replacement or substitution for any agreement between a Participant and his or her Employer executed prior or subsequent to the effective date of the Plan. </TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.3</TD>
<TD ALIGN="left" VALIGN="top"><U>Effective Date</U>. The Plan was effective as of November&nbsp;1, 2014, and was amended and