EX-10.2
from 8-K
11 pages
Atlantis Considers It Essential to the Best Interests of Its Stockholders to Foster the Continuous Employment of Key Management Personnel. in This Connection, Our Board of Directors (The “Board”) Recognizes That, as Is the Case With Many Publicly Held Corporations, the Possibility of a Change in Control of the Corporation May Exist and That This Possibility, and the Uncertainty and Questions Which It May Raise Among Management, May Result in the Departure or Distraction of Management Personnel to the Detriment of the Corporation and Its Stockholders. the Board Has Determined That Appropriate Steps Should Be Taken to Reinforce and Encourage the Continued Attention and Dedication of Members of the Corporation’s Management, Including You, to Their Assigned Duties Without the Distractions Which May Arise From the Possibility of a Change in Control of the Corporation. in Order to Induce You to Remain in the Employ of the Corporation, You Shall Receive the Severance Benefits Set Forth in This Agreement in the Event Your Employment With the Corporation Is Terminated Under the Circumstances Described Below in Connection With a Change in Control. 18. Interpretation of This Agreement. (A) Terms Defined. as Used Herein, the Following Terms When Used in This Agreement Have the Meanings Set Forth Below: “Affiliate” Has the Meaning Set Forth in Rule 12b-2 of the Regulations Promulgated Under the Exchange Act
12/34/56
