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ON Semiconductor Corporation reported on February 28, 2024, that its wholly-owned subsidiary, Semiconductor Components Industries, LLC, has entered into a new employment agreement with Simon Keeton, the Group President and General Manager of the company's Power Solutions Group. The new contract, which is effective immediately and supersedes Keeton's previous agreement from January 1, 2019, includes an annual base salary of $600,000 and a target bonus of 100% of the base salary. The agreement outlines severance terms including continuation of salary, bonus, and benefits under certain termination conditions, such as termination without cause or resignation for good reason. Additionally, the agreement specifies enhanced severance provisions in the event of a change in control of the company. The agreement also contains standard clauses requiring a general release and adherence to non-solicitation, non-competition, and confidentiality covenants post-termination. The full details of the agreement are included in Exhibit 10.1 of the Form 8-K filed with the SEC.
ON Semiconductor Corporation reported on February 28, 2024, that its wholly-owned subsidiary, Semiconductor Components Industries, LLC, has entered into a new employment agreement with Simon Keeton, the Group President and General Manager of the company's Power Solutions Group. The new contract, which is effective immediately and supersedes Keeton's previous agreement from January 1, 2019, includes an annual base salary of $600,000 and a target bonus of 100% of the base salary. The agreement outlines severance terms including continuation of salary, bonus, and benefits under certain termination conditions, such as termination without cause or resignation for good reason. Additionally, the agreement specifies enhanced severance provisions in the event of a change in control of the company. The agreement also contains standard clauses requiring a general release and adherence to non-solicitation, non-competition, and confidentiality covenants post-termination. The full details of the agreement are included in Exhibit 10.1 of the Form 8-K filed with the SEC.
安森美半導體公司於2024年2月28日報告稱，其全資子公司半導體元件工業有限責任公司已與集團總裁兼電力解決方案集團總經理西蒙·基頓簽訂了新的僱傭協議。新合同立即生效，取代基頓先前自2019年1月1日起達成的協議，其中包括60萬美元的年基本工資和基本工資100％的目標獎金。該協議概述了遣散條款，包括在某些終止條件下繼續發放工資、獎金和福利，例如無故解僱或因正當理由辭職。此外，該協議還規定了在公司控制權發生變化時加強遣散費條款。該協議還包含標準條款，要求在協議終止後全面發佈和遵守不招標、不競爭和保密協議。該協議的全部細節包含在向美國證券交易委員會提交的8-K表的附錄10.1中。
安森美半導體公司於2024年2月28日報告稱，其全資子公司半導體元件工業有限責任公司已與集團總裁兼電力解決方案集團總經理西蒙·基頓簽訂了新的僱傭協議。新合同立即生效，取代基頓先前自2019年1月1日起達成的協議，其中包括60萬美元的年基本工資和基本工資100％的目標獎金。該協議概述了遣散條款，包括在某些終止條件下繼續發放工資、獎金和福利，例如無故解僱或因正當理由辭職。此外，該協議還規定了在公司控制權發生變化時加強遣散費條款。該協議還包含標準條款，要求在協議終止後全面發佈和遵守不招標、不競爭和保密協議。該協議的全部細節包含在向美國證券交易委員會提交的8-K表的附錄10.1中。
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