Addendum to Change in Control Agreement
This Addendum is made as of September 11, 2001, by and between
Kaman Corporation, a Connecticut corporation (the "Company"), and
Xxxxxx X. Xxxxxxx (the "Executive").
WHEREAS, the Company and the Executive entered into a Change
in Control Agreement (the "Agreement") dated as of September 21,
1999; and
WHEREAS, by letter dated August 17, 2000, the Company has
advised the Executive of the occurrence of a Change in Control, as
defined in the Agreement; and
WHEREAS, in furtherance of the objectives of the Agreement,
the Company and the Executive wish to amend the Agreement so that
it shall continue to apply, in accordance with its terms, with
respect to any future Change in Control event;
NOW, THEREFORE, in consideration of the premises and the
mutual understandings herein contained, the Company and the
Executive hereby further agree as follows:
1. The initial clause of subsection (g) of Section 15 of the
Agreement is hereby modified and amended to read as follows:
"(g) Any of the following events shall constitute
the occurrence of a "Change in Control" for purposes of
this Agreement:"
2. Except as expressly modified herein, all provisions of the
Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Addendum as
of the day and year first above written.
KAMAN CORPORATION
Name: Xxxx X. Xxxx
Title: President & CEO
By:/s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Address:
00 Xxxxxxxxxxx Xxxx
Xxxxx Xxxxxxxxxxx, XX 00000
____________________
(.continued)
(continued.)
