0000042888-07-000068 Sample Contracts

Salary Protection Agreement Executive Officers
Salary Protection Agreement • February 20th, 2007 • Graco Inc • Pumps & pumping equipment

It is the Company’s practice to pay to any executive officer whose employment is involuntarily terminated without cause his/her base salary for up to twelve months following termination or until the officer secures other employment, if such employment occurs within the twelve month period.

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