1
EXHIBIT 10.1
March 3, 2000
Xx. Xxxxxx X. Xxxxxxxxxx
00 Xxxxx Xxxxxxxx Xxxx
Xxxxxxxxxx, XX 00000
Re: Pension Benefits
Dear Xx. Xxxxxxxxxx:
Reference is hereby made to your Executive Employment Agreement dated as of May
4, 1999 with Kennametal Inc.
Each of the amounts set forth in Column B on Schedule I, the Supplemental
Benefit Table, of your Executive Employment Agreement is hereby increased by
$96,896. Your Executive Employment Agreement remains in full force and effect in
all other respects.
Please indicate your acceptance to this change in your Executive Employment
Agreement by signing below.
Very truly yours,
KENNAMETAL INC.
By: /s/ Xxxxxxx X. Xxxxxx
-------------------------------------
Authorized Officer
/s/ Xxxxxx X. Xxxxxxxxxx
----------------------------------
Xxxxxx X. Xxxxxxxxxx
