Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
As previously reported, Abbott has Agreements Regarding Change in Control
("Agreements") with its named executive officers, other than Miles D. White,
Abbott's Executive Chairman, who is not party to an Agreement.
The Agreements provide that if Abbott gives notification of extension before the
Expiration Date (December 31, 2020), the Agreement's term shall continue through
the second anniversary of the Expiration Date.
On November 20, 2020, Abbott notified the named executive officers who are party
to the Agreements that the term of the Agreements was extended through
December 31, 2022.
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