Re: Severance Protections Dear Steffen:Severance Agreement • July 20th, 2022 • Mueller Industries Inc • Rolling drawing & extruding of nonferrous metals
This letter (this “Agreement”) sets forth certain severance protections that are being provided to you as a key executive in the Company. Described are the payments and benefits that you may be eligible to receive in the event that your employment with Mueller Industries, Inc. and its direct and indirect subsidiaries (the “Company”) is terminated, and the enhanced payments and benefits that you may be eligible to receive in the event that your employment with the Company is terminated in relation to a Change in Control, as set forth below. For the avoidance of doubt, this Agreement is intended to supersede in its entirety that certain letter agreement by and between you and the Company, regarding change in control protections, dated July 26, 2016.
