EXHIBIT 10.9
AMENDMENT NO. 3
TO
EMPLOYMENT AGREEMENT
This Amendment No. 3, effective the 20th day of May 1998, is made to
that certain Employment Agreement between Intermec Technologies Corporation
and Xxxxxxx Xxxxxxx dated the 18th day of May 1995 as amended ("the
Agreement").
WHEREAS, Intermec Technologies Corporation is a wholly owned subsidiary
of UNOVA, Inc.; and
WHEREAS, Xxxxxxx Xxxxxxx also serves as a Senior Vice President of
UNOVA, Inc. and
WHEREAS, the Compensation Committee of the Board of Directors of UNOVA,
Inc., has approved including Xxxxxxx Xxxxxxx in the UNOVA Supplemental
Executive Retirement Plan (hereinafter called "SERP"), under specified terms
and conditions.
NOW THEREFORE, by mutual agreement of the parties, the Agreement is
hereby further amended as follows:
1. TERM OF AGREEMENT:
Xxxxxxx Xxxxxxx hereby agrees to retire from employment with Intermec
Technologies Corporation and as an officer of UNOVA, Inc. on February 28,
1999.
2. RETIREMENT:
Upon retirement on February 28, 1999 Xxxxxxx Xxxxxxx will receive the
retirement benefits as provided in the UNOVA, Inc. SERP. For purposes of
determining UNOVA, Inc. SERP benefits, Xxxxxxx Xxxxxxx will be considered to
be vested with 15 years of service on February 28, 1999, assuming that
during the period between May 20, 1998 and February 28, 1999, he continues
to serve as an officer of UNOVA, Inc. and of Intermec Technologies
Corporation.
3. OTHER TERMS AND CONDITIONS:
Except as modified herein all other terms and conditions of the
Agreement as amended by Amendments No. 1 and 2 shall remain in full force
and effect as originally written.
IN WITNESS WHEREOF, the parties hereto have signed and delivered this
Amendment No. 3 as of the date first written above.
INTERMEC TECHNOLOGIES EXECUTIVE
CORPORATION
By: /S/ XXXXXXXX X. XXXXX By: /S/ XXXXXXX XXXXXXX
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Xxxxxxxx X. Xxxxx Xxxxxxx Xxxxxxx
Vice President and Secretary