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EXHIBIT 10.35
AGREEMENT
AGREEMENT DATED AS OF 7 February, 1997 between General Dynamics Corporation, a
Delaware corporation ("the Corporation"), and Xxxxxxx X. Xxxxx ("the
Executive").
In consideration for the Executive's future services to be rendered to the
Corporation by the Executive, the Corporation and the Executive agree as
follows:
1. SALARY AND BENEFIT CONTINUATION
In the event that the Executive's employment with the Corporation is
involuntarily terminated, other than for cause, during the first two years of
the Executive's employment, the Executive's salary and benefits will
continue for a period of one year.
2. TAXATION
The Executive and the Corporation agree that all payments hereunder shall be
treated as "wages" for federal and state income tax and employment tax
purposes as such time and in such manner as shall be prescribed by law. Each
party to this Agreement shall be responsible for the payment of any such
taxes as shall be legally required of such party.
3. This Agreement shall be governed by the State of Delaware.
IN WITNESS WHEREOF, the Corporation has caused this Agreement to be executed on
behalf of its Chairman and Chief Executive Officer by the Corporate Vice
President - Human Resources and Administration and its corporate seal to be
hereunto affixed and attested to by the Secretary of the Corporation, and the
Executive has executed this Agreement as of the date first above written.
ATTEST: GENERAL DYNAMICS CORPORATION
/S/ XXXX X. XXXXX By: /S/ X.X. XXXXX
------------------------ -----------------------------------------
Secretary X.X. Xxxxx
Corporate Vice President - Human
Resources and Administration
/S/ XXXXX X. XXXXX /S/ XXXXXXX X. XXXXX
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Witness Xxxxxxx X. Xxxxx
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