Common Contracts
2 similar Change in Control Agreement contracts by Starrett L S Co
September 13, 2023Change in Control Agreement • September 15th, 2023 • Starrett L S Co • Cutlery, handtools & general hardware
The L.S. Starrett Company (the “Company”) considers it important and in the best interests of its stockholders to foster the continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the “Board”) recognizes that, as is the case with many publicly held corporations, the possibility of a change in control of the Company may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders.
September 13, 2023 Emerson T. Leme 31 Scott Road Harvard, MA 01451 Dear Emerson:Change in Control Agreement • September 15th, 2023 • Starrett L S Co • Cutlery, handtools & general hardware
The L.S. Starrett Company (the “Company”) considers it important and in the best interests of its stockholders to foster the continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the “Board”) recognizes that, as is the case with many publicly held corporations, the possibility of a change in control of the Company may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders.
