April 15, 2008 Michael R. Elia South Windsor, CT 06074 Dear Michael:Change in Control Agreement • June 27th, 2008 • Gerber Scientific Inc • Special industry machinery, nec
Gerber Scientific, Inc. (the “Company”) considers it essential to the best interests of its stockholders to foster the continuous employment of key management personnel. In this connection, should the Company face a possible Change in Control (as defined in Section 2 of this Agreement), such as the acquisition of a substantial share of the equity or voting securities of the Company, the Board of Directors of the Company (the “Board”) has determined that it is imperative that it and the Company be able to rely upon your continued services without concern that you might be distracted by the personal uncertainties and risks that the possibility of a Change in Control might entail.
