MOLX » Topics » Employment Agreements, Severance Arrangements and Change in Control Benefits

This excerpt taken from the MOLX DEF 14A filed Sep 12, 2008.
Employment Agreements, Severance Arrangements and Change in Control Benefits
 
We do not currently offer employment agreements, severance agreements, or change in control agreements to any executive officer. As the Committee annually reassesses the effectiveness of the executive compensation program, it also assesses the merits of offering these types of arrangements for executives. The Committee may decide to offer these types of benefits in the future.
 
This excerpt taken from the MOLX DEF 14A filed Sep 10, 2007.

Employment Agreements, Severance Arrangements and Change in Control Benefits

We do not currently offer employment agreements, severance agreements, or change in control agreements to the Named Executive Officers or any other executive officer. As the Compensation Committee annually reassesses the effectiveness of the executive compensation program it also assesses the merits of offering these types of arrangements for executives. The Compensation Committee may decide to offer these types of benefits in the future.

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