SEC Contract Filing

Filing Date: 2016-06-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.56
<SEQUENCE>3
<FILENAME>lltc-20160623xex10_56.htm
<DESCRIPTION>EX-10.56
<TEXT>
<!--HTML document created with Certent Powered by Crossfire 6.0.1.17-->
<!--Created on: 6/27/2016 3:15:32 PM-->
<html>
	<head>
 <title>
 Exhibit 1056
 </title>
	</head>
	<body><div style="margin-left:72pt;margin-right:54pt;">
 <p style="margin:12pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-indent:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">
 <a name="_GoBack"></a><font style="display: inline;">LINEAR TECHNOLOGY CORPORATION</font>
 </p>
 <p style="margin:12pt 0pt 0pt;border-top:1pt none #D9D9D9 ;font-weight:bold;text-indent:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">
 <font style="display: inline;">CHANGE OF CONTROL SEVERANCE AGREEMENT</font>
 </p>
 <p style="margin:12pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Courier New;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;font-size:12pt;">This Change of Control Severance Agreement (the &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;font-size:12pt;">Agreement</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#x201D;)&nbsp;is made and entered into by and between </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">[NAME]</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;"> (&#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;font-size:12pt;">Executive</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#x201D;)&nbsp;and </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Linear Technology Corporation</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">(the &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;font-size:12pt;">Company</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#x201D;), effective as of </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">[DATE]</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;"> (the &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;font-size:12pt;">Effective Date</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#x201D;).</font>
 </p>
 <p style="margin:12pt 0pt 0pt;text-decoration:underline;font-weight:bold;text-indent:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">
 <font style="display: inline;font-weight:normal;">RECITALS</font>
 </p>
 <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 100%;text-indent:36pt; display: inline;">
 <p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt;margin:12pt 0pt 0pt;">
 <font style="margin:12pt 0pt 0pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:12pt;;;padding:0pt 8pt 0pt 0pt;"> 1.</font>
 <font style="display: inline;color:#000000;">The Compensation Committee (the &#x201C;</font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Committee</font><font style="display: inline;color:#000000;">&#x201D;) of the Board of Directors of the Company (the &#x201C;</font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Board</font><font style="display: inline;color:#000000;">&#x201D;)&nbsp;</font><font style="display: inline;color:#000000;">believes that it is in the best interests of the Company and its stockholders (i)&nbsp;to assure that the Company will have the continued dedication and objectivity of </font><font style="display: inline;color:#000000;">Executive</font><font style="display: inline;color:#000000;">, notwithstanding the possibility, threat, or occurrence of a Change of Control and (ii)&nbsp;to provide </font><font style="display: inline;color:#000000;">Executive</font><font style="display: inline;color:#000000;"> with an incentive to continue </font><font style="display: inline;color:#000000;">Executive</font><font style="display: inline;color:#000000;">&#x2019;s employment prior to a Change of Control and to motivate </font><font style="display: inline;color:#000000;">Executive </font><font style="display: inline;color:#000000;">to maximize the value of the Company upon a Change of Control for the benefit of its stockholders.</font></p></td></tr></table></div>
 <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 100%;text-indent:36pt; display: inline;">
 <p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt;margin:12pt 0pt 0pt;">
 <font style="margin:12pt 0pt 0pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:12pt;;;padding:0pt 8pt 0pt 0pt;"> 2.</font>
 <font style="display: inline;color:#000000;">The Committee believes that it is imperative to provide </font><font style="display: inline;color:#000000;">Executive</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">with certain severance benefits upon </font><fo