Assignment and Assumption Agreement
Exhibit 10.02
Assignment and Assumption Agreement
Xxxxxx Industries, Inc., a Delaware corporation (“Xxxxxx”) hereby assigns to Xxxxxxx Water Products, Inc., a Delaware corporation (“Xxxxxxx”), and Xxxxxxx hereby assumes, all of Walter’s rights and obligations under the Employment Agreement between Xxxxxx and Xxxxxxx X. Xxxxx dated July 12, 2004, and under the Executive Change-In-Control Agreement.
Dated as of the close of business on this 14th day of December 2006
XXXXXX INDUSTRIES, INC. |
|
XXXXXXX WATER PRODUCTS, INC. |
|||||
|
|
|
|||||
|
|
|
|||||
|
|
/s/ Xxxxxx X. Xxxxxxx |
|
|
|
/s/ Xxxxxxxx Xxxxxx |
|
By: |
|
Xxxxxx X. Xxxxxxx |
|
By: |
|
Xxxxxxxx Xxxxxx |
|
Title: |
|
Vice Chairman |
|
Title: |
|
Executive Vice President |
Accepted and Agreed: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
/s/ Xxxxxxx X. Xxxxx |
|
|
|
|
|
Xxxxxxx X. Xxxxx |
|
|
|
|
|
|