Governing Law Clause Example with 4 Variations from Business Contracts
This page contains Governing Law clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Governing Law. This Plan and the rights of all persons under this Plan shall be construed in accordance with and under applicable provisions of ERISA, and the regulations thereunder, and the laws of the State of Delaware (without regard to conflict of law provisions) to the extent not preempted by federal law. 13 EXHIBIT A MULTIPLIERS Participant Normal Multiplier CIC Multiplier Chief Executive Officer 1.5 1.5 Alok Gupta, ...Khan Siddiqui, and Tom Teisseyre 0.5 0.5 14 EX-10.1 2 hypr-ex10_1.htm EX-10.1 EX-10.1 Exhibit 10.1 HYPERFINE EXECUTIVE SEVERANCE PLAN PLAN DOCUMENT AND SUMMARY PLAN DESCRIPTION Effective as of December 5, 2022 1.Establishment of Plan. Hyperfine Operations, Inc., Liminal Sciences, Inc., and Hyperfine, Inc. (collectively, the “Company”), hereby establishes an unfunded severance benefits plan (this “Plan”) that is intended to be a welfare benefit plan within the meaning of Section 3(1) of ERISA. This Plan is in effect for Participants who experience certain terminations of employment occurring after the Effective Date and before the termination of this Plan. This Plan supersedes any and all (i) severance plans and separation policies applying to Participants that may have been in effect before the Effective Date with respect to any termination that would, under the terms of this Plan, constitute a termination by the Company without Cause or by Participant for Good Reason, and (ii) the provisions of any agreements between any Participant and the Company that provide for severance payments and benefits.View More
Variations of a "Governing Law" Clause from Business Contracts
Governing Law. This Plan and the rights of all persons under this Plan shall be construed in accordance with and under applicable provisions of ERISA, and the regulations thereunder, and the laws of the State of Delaware (without regard to conflict of law provisions) to the extent not preempted by federal law. 13 EXHIBIT A MULTIPLIERS Participant Job Level Normal Multiplier CIC Multiplier Chief Executive Officer 1.5 1.5 Alok Gupta, Khan Siddiqui, and Tom Teisseyre 0.5 0.5 14 EX-10.1 2 hypr-ex10_1.htm d406603de...x101.htm EX-10.1 EX-10.1 Exhibit 10.1 HYPERFINE EXECUTIVE SEVERANCE PLAN PLAN DOCUMENT AND SUMMARY PLAN DESCRIPTION Effective as of December 5, November 22, 2022 1.Establishment 1. Establishment of Plan. Hyperfine Operations, Inc., Liminal Sciences, Inc., and Hyperfine, Inc. (collectively, the “Company”), hereby establishes an unfunded severance benefits plan (this “Plan”) that is intended to be a welfare benefit plan within the meaning of Section 3(1) of ERISA. This Plan is in effect for Participants who experience certain terminations of employment occurring after the Effective Date and before the termination of this Plan. This Plan supersedes any and all (i) severance plans and separation policies applying to Participants that may have been in effect before the Effective Date with respect to any termination that would, under the terms of this Plan, constitute a termination by the Company without Cause or by Participant for Good Reason, and (ii) the provisions of any agreements between any Participant and the Company that provide for severance payments and benefits. View More
Governing Law. This Plan and the rights of all persons under this Plan shall be construed in accordance with and under applicable provisions of ERISA, and the regulations thereunder, and the laws of the State of Delaware (without regard to conflict of law provisions) to the extent not preempted by federal law. 13 12 EXHIBIT A MULTIPLIERS Title/Role of Participant Normal Multiplier CIC Multiplier Chief Executive Officer 1.5 1.5 Alok Gupta, Khan Siddiqui, Vice Presidents and Tom Teisseyre Senior Vice Presidents ...1.0 1.0 Vice Presidents 0.5 0.5 14 EX-10.1 2 hypr-ex10_1.htm EX-10.1 EX-10.1 0.75 EX-10.13 5 tm2136302d1_ex10-13.htm EXHIBIT 10.13 Exhibit 10.1 HYPERFINE 10.13 Hyperfine, Inc. EXECUTIVE SEVERANCE PLAN PLAN DOCUMENT AND SUMMARY PLAN DESCRIPTION Effective as of December 5, 2022 1.Establishment 22, 2021 1. Establishment of Plan. Hyperfine Operations, Inc., Liminal Sciences, Inc., and Hyperfine, Inc. (collectively, the (the “Company”), hereby establishes an unfunded severance benefits plan (this “Plan”) that is intended to be a welfare benefit plan within the meaning of Section 3(1) of ERISA. This Plan is in effect for Participants who experience certain terminations of employment occurring after the Effective Date and before the termination of this Plan. This Plan supersedes any and all (i) severance plans and separation policies applying to Participants that may have been in effect before the Effective Date with respect to any termination that would, under the terms of this Plan, constitute a termination by the Company without Cause or by Participant for Good Reason, and (ii) the provisions of any agreements between any Participant and the Company that provide for severance payments and benefits. View More
Governing Law. This Plan and the rights of all persons under this Plan shall be construed in accordance with and under applicable provisions of ERISA, and the regulations thereunder, and the laws of the State of Delaware (without regard to conflict of law provisions) to the extent not preempted by federal law. 13 EXHIBIT A MULTIPLIERS Participant Normal Multiplier CIC Multiplier Chief Executive Officer 1.5 1.5 Alok Gupta, Khan Siddiqui, Tom Teisseyre, and Tom Teisseyre Brett Hale 0.5 0.5 14 EX-10.1 2 hypr-ex10..._1.htm EX-10.1 EX-10.1 EX-10.2 3 d430074dex102.htm EX-10.2 EX-10.2 Exhibit 10.1 10.2 HYPERFINE EXECUTIVE SEVERANCE PLAN PLAN DOCUMENT AND SUMMARY PLAN DESCRIPTION Effective as of December 5, 2022 1.Establishment February 13, 2023 1. Establishment of Plan. Hyperfine Operations, Inc., Liminal Sciences, Inc., and Hyperfine, Inc. (collectively, the “Company”), hereby establishes an unfunded severance benefits plan (this “Plan”) that is intended to be a welfare benefit plan within the meaning of Section 3(1) of ERISA. This Plan is in effect for Participants who experience certain terminations of employment occurring after the Effective Date and before the termination of this Plan. This Plan supersedes any and all (i) severance plans and separation policies applying to Participants that may have been in effect before the Effective Date with respect to any termination that would, under the terms of this Plan, constitute a termination by the Company without Cause or by Participant for Good Reason, and (ii) the provisions of any agreements between any Participant and the Company that provide for severance payments and benefits. View More
Governing Law. This Plan and the rights of all persons under this Plan shall be construed in accordance with and under applicable provisions of ERISA, and the regulations thereunder, and the laws of the State of Delaware (without regard to conflict of law provisions) to the extent not preempted by federal law. 13 EXHIBIT A MULTIPLIERS Participant Job Level Normal Multiplier CIC Multiplier Chief Executive Officer 1.5 1.5 Alok Gupta, Khan Siddiqui, and Tom Teisseyre EV-3 1.0 1.0 EV-2 0.75 0.75 EV-1 0.5 0.5 IF " ...DOCVARIABLE "SWDocIDLocation" 3" = "3" " DOCPROPERTY "SWDocID" 116231672v.4" "" 116231672v.4 14 EX-10.1 2 hypr-ex10_1.htm EX-10.1 EX-10.1 EX-10.2 3 hypr-ex10_2.htm EX-10.2 EX-10.2 Exhibit 10.1 10.2 HYPERFINE EXECUTIVE SEVERANCE PLAN PLAN DOCUMENT AND SUMMARY PLAN DESCRIPTION Effective as of December 5, October 1, 2022 1.Establishment of Plan. Hyperfine Operations, Inc., Liminal Sciences, Inc., and Hyperfine, Inc. (collectively, the “Company”), hereby establishes an unfunded severance benefits plan (this “Plan”) that is intended to be a welfare benefit plan within the meaning of Section 3(1) of ERISA. This Plan is in effect for Participants who experience certain terminations of employment occurring after the Effective Date and before the termination of this Plan. This Plan supersedes any and all (i) severance plans and separation policies applying to Participants that may have been in effect before the Effective Date with respect to any termination that would, under the terms of this Plan, constitute a termination by the Company without Cause or by Participant for Good Reason, and (ii) the provisions of any agreements between any Participant and the Company that provide for severance payments and benefits. View More
