SEVERANCE AGREEMENTSeverance Agreement • October 1st, 2010 • Lufkin Industries Inc • General industrial machinery & equipment • Texas
Contract Type FiledOctober 1st, 2010 Company Industry JurisdictionTHIS AMENDED AND RESTATED SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of September 20, 2010, by and between LUFKIN INDUSTRIES, INC., a Texas corporation (the “Company”) and Brian J. Gifford of Allen, Texas (the “Executive”).