This excerpt taken from the EYE 8-K filed May 31, 2005.
Item 5.02 Election of Director.
Pursuant to the Merger Agreement, upon completion of the acquisition of VISX, on May 27, 2005, AMO named Elizabeth H. Dávila to the AMO board of directors. Prior to the merger, Ms. Dávila served as the Chairman and Chief Executive Officer of VISX. Ms. Dávila will serve on the AMO Boards Science and Technology Committee. In connection with the merger, and pursuant to a change in control agreement with VISX, Ms. Dávila will receive a change in control severance payment of approximately $2.8 million, continuation of benefits for three years and vesting of stock options.