Employment Agreement Executive with Car Allowance by zak16611

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									SYBASE INC
8-K
12/20/2007

NO TITLE




         Item 1.01 Entry Into a Material Definitive
         Agreement.
         Item 9.01 Financial Statements and Exhibits.
SIGNATURE
EXHIBIT INDEX
EXHIBIT 99.1
EXHIBIT 99.2
EXHIBIT 99.3
EXHIBIT 99.4


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SYBASE INC
8-K
12/20/2007

NO TITLE




Exhibit No.                                 Description

       99.10         Second Amended and Restated Employment
                     Agreement with John Chen, dated December 18,
                                                                    2007.00

       99.20         Amended and Restated Change of Control
                     Agreement with John Chen, dated December 18,
                                                                    2007.00

       99.30         Form of Amended and Restated Change of Control
                     Agreement (standard version)

       99.40         Form of Amended and Restated Change of Control
                     Agreement (enhanced version)


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SYBASE INC
8-K
12/20/2007

NO TITLE




Exhibit No.                              Description
       99.10         Second Amended and Restated Employment
                     Agreement with John Chen, dated December 18,
                                                                    2007.00

       99.20         Amended and Restated Change of Control
                     Agreement with John Chen, dated December 18,
                                                                    2007.00

       99.30         Form of Amended and Restated Change of Control
                     Agreement (standard version)

       99.40         Form of Amended and Restated Change of Control
                     Agreement (enhanced version)


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SYBASE INC
8-K
12/20/2007

PYRAMID TECHNOLOGY BENEFITS PLANS




SURVIVOR BENEFIT                            COVERAGE
Group Term Life                                 $300,000
Executive Term Life                           $2,000,000
Group Executive AD D                          $1,000,000
Business Travel Accident                        $250,000

DISABILITY                              MONTHLY BENEFIT

Pyramid Voluntary Disability                      $4,333
Income Plan
Pyramid Voluntary Disability                      $1,445
Income Plan
Group Long Term Disability                       $10,000

Executive LTD                                    $13,400


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EXPLANATION




First 90 days of disability

91 st to 365 th day of disability

Eligible for benefits on 91 st day.
Integrated with VDI Soc. Sec.
Supplemental disability coverage
SYBASE INC
8-K
12/20/2007

PYRAMID TECHNOLOGY BENEFITS PLANS




HEALTH PLANS                                COVERAGE
Group Indemnity Medical Plan                      $2,000,000
Group Dental Plan                                     $1,000
Orthodontic Care                                      $1,000
Group Vision Care Plan

Executive Medical Tax Preparation
Expenses Reimbursement Program                       $10,000

TRANSPORTATION
Airline Travel
Car Allowance


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Lifetime benefit maximum
Annual maximum per covered individual
Lifetime maximum per covered individual
Annual examination. Frames and lens every
24 months

Maximum annual benefit available


First class
Annual allowance (18K)
SYBASE INC
8-K
12/20/2007

SIEMENS PYRAMID BENEFIT COVERAGE




BENEFIT PLANS                       COVERAGE

SURVIVOR BENEFIT
Group Term Life                               $300,000
* Executive Life                            $2,000,000
Group A D                                     $300,000
* Executive A D                               $700,000
Business Travel Accident                      $250,000

DISABILITY
Sick Leave                                     $34,615
Calif VDI                                      $13,000

Group LTD                                      $10,000

* Exec LTD                                     $13,400


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REMARKS                           1997 Annual Company Cost


2x up to $300k                    Normal cost
Individual Policy (4/1 renewal)                    $1,216.80
2x up to $300k                    Normal cost
4x up to $1M combined                                $168.00
                                  Normal cost


max accrual = 180 hours           Normal cost
60% of pay up to $1000/wk
for first 90 days
max $10k/mo on 91 st day          Normal cost
(integrated with SSA, W/C)
Individual Policy. Amt/mo                          $7,551.12
SYBASE INC
8-K
12/20/2007

SIEMENS PYRAMID BENEFIT COVERAGE




BENEFIT PLANS                                COVERAGE

HEALTH PLANS
Group Medical Plan (GA)                            $2,000,000
Group Dental Plan                                      $1,000
Orthodontic Care                                       $1,000
Group Vision Care

* Exec Reimbursement Plan (Medical, legal,              $10,000
financial planning tax prep expenses)

RETIREMENT PLAN
Pyramid 401(k) Plan                                      $6,000
Employer Matching Cont
* Car Allowance                                         $18,000
* Airline Travel
* Severance Benefits (at separation)               $1,000,000


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REMARKS                                 1997 Annual Company Cost


Lifetime benefit max                    Normal cost
Annual max per covered individual       Normal cost
Lifetime max per covered individual
Annual exam.                            Normal cost
Frames lenses every 24 mos
Annual max                                              $10,000.00




Annual max                              Normal cost

Annual allowance                                         $18,000.00
First Class                             (First class fare)
Plus full executive benefits for 1 yr                 $1,036,935.92
SYBASE INC
8-K
12/20/2007

FORM OF AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT




                                              SYBASE, INC.

                                              By
     Employee Name                                         Daniel R. Carl
                                                           Vice President, Secretary and General
                                                           Counsel


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SYBASE INC
8-K
12/20/2007

NO TITLE




                                            SYBASE, INC.

                                            By
    Employee Name                                      Daniel R. Carl
                                                       Vice President, Secretary and General
                                                       Counsel

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Created by Morningstar Document Research.
http://documentresearch.morningstar.com/

								
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