Exhibit 10.6
CHANGE-IN-CONTROL
AND SEVERANCE AGREEMENT
THIS CHANGE-IN-CONTROL AND SEVERANCE AGREEMENT (this “Agreement”), initially entered into by and between Tabula Rasa HealthCare, Inc., a Delaware corporation (the “Company”) and [___] (the “Executive” and collectively with the Company referred to herein as the “Parties)” on [__] (the “Effective Date”).
WHEREAS, this Agreement replaces and supersedes all previous agreements between the Executive and the Company concerning the Executive’s employment.
NOW, THEREFORE, in consideration of the premises and of the mutual promises and covenants contained herein, the Company and the Executive, intending to be legally bound, hereby agree as follows:
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Tabula Rasa HealthCare, Inc.
228 Strawbridge Drive
Moorestown, NJ 08057
Attention: [____]
with a copy to:
Morgan, Lewis & Bockius LLP
1701 Market Street
Philadelphia, PA 19103-2921
Attention: Jeff Bodle, Esq.
All such notices and other communications shall be deemed to have been delivered and received (A) in the case of personal delivery, on the date of such delivery, (B) in the case of delivery by telecopy, on the date of such delivery, (C) in the case of delivery by nationally-recognized, overnight courier, on the Business Day following dispatch, and (D) in the case of mailing, on the third Business Day following such mailing. As used herein, “Business Day” shall mean any day that is not a Saturday, Sunday or a day on which banking institutions in the State of New Jersey are not required to be open.
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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date and year first above written.
By:
Name:
Title:
[Signature Page to Change-in-Control and Severance Agreement]
EXHIBIT A
Title | Severance Term | Change in Control Severance Term |
Tier 1 Executives | 12 months | 12 months |
Tier 2 Executives | | |