Amended and Restated Employment Agreement, by and between Senseonics, Incorporated and Nick B. Tressler, effective as of November 12, 2019
amended and restated Employment Agreement
1. Employment by the Company.
6.1 Termination by the Company without Cause or for Good Reason.
6.2 Termination by the Company without Cause or for Good Reason Following a Change in Control.
6.3 Termination by the Company for Cause.
6.4 Resignation by Employee.
6.5 Termination by Virtue of Death or Disability of Employee.
6.6 Notice; Effective Date of Termination.
(a) Termination of Employee’s employment pursuant to this Agreement shall be effective on the earliest of:
(v) for a termination for Good Reason, immediately upon Employee’s full satisfaction of the requirements of Section 6.1(h).
(b) In the event notice of a termination under subsections (a)(i), (iii), (iv) and (iv) is given orally, at the other party’s request, the party giving notice must provide written confirmation of such notice within five (5) business days of the request in compliance with the requirement of Section 8.1 below. In the event of a termination for Cause or Good Reason, written confirmation shall specify the subsection(s) of the definition of Cause or Good Reason relied on to support the decision to terminate.
7. Section 280G.
8. General Provisions.
In Witness Whereof, the parties have duly executed this Agreement as of the date first above written.
By:/s/ Tim Goodnow
President & Chief Executive Officer
/s/ Nick Bryan Tressler
Nick Bryan Tressler