Name Address RE: Special Severance Agreement Dear :Special Severance Agreement • September 26th, 2000 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens)
Contract Type FiledSeptember 26th, 2000 Company IndustryCarpenter Technology Corporation (the "Company") considers it essential to 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 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 management personnel to the detriment of the Company and its stockholders.
Date Name Address RE: Special Severance Agreement Dear Name:Special Severance Agreement • September 26th, 2000 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens)
Contract Type FiledSeptember 26th, 2000 Company IndustryCarpenter Technology Corporation (the "Company") considers it essential to 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 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 management personnel to the detriment of the Company and its stockholders.