EXECUTIVE TRANSITION AGREEMENTExecutive Transition Agreement • November 5th, 2014 • Kadant Inc • Special industry machinery (no metalworking machinery) • Massachusetts
THIS EXECUTIVE TRANSITION AGREEMENT (this “Agreement”) by and between KADANT INC., a Delaware corporation (the “Company”), and Thomas M. O’Brien (the “Executive”) is made as of September 15, 2014.
ON KADANT LETTERHEAD]Kadant Inc • November 5th, 2014 • Special industry machinery (no metalworking machinery)
Reference is hereby made to the Amended and Restated Executive Retention Agreement dated as of December 8, 2008 by and between you, as the Executive, and Kadant Inc., as the Company (the “Executive Retention Agreement”). Capitalized terms used but not defined in this Notice shall have the meanings ascribed thereto in the Executive Retention Agreement.
