Intuitive Surgical sets up severance plan that includes every employee under same terms(0)
Intuitive Surgical, the oh-so-successful Sunnyvale maker of robotic surgery tools, said that its board of directors approved a severance plan that covers its executives in the event of an involuntary separation from service within 12 months after a change in control” of the company.
The news here is: also covered by the same plan are all of Intuitive’s other current employees who have been with the company for at least six months when such an event occurs.
Under the terms of the plan, eligible employees would be entitled to: Read the rest of this entry »
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