FORM OF INDEMNIFICATION AGREEMENTForm of Indemnification Agreement • May 21st, 2010 • Rti International Metals Inc • Rolling drawing & extruding of nonferrous metals • Ohio
RTI International Metal, Inc. has entered into an Indemnification Agreement in the form attached with each of the individuals listed below, effective as of the date set forth opposite such individual’s name.
RTI International Metals, Inc. Letterhead] May 17, 2010 James L. McCarley RTI International Metals, Inc. Westpointe Corporate Center One 1550 Coraopolis Heights Road Pittsburgh, PA 15108-2973 Dear Mr. McCarley:Rti International Metals Inc • May 21st, 2010 • Rolling drawing & extruding of nonferrous metals
This Letter Agreement sets forth the basis upon which I have been authorized by the Board of Directors of RTI International Metals, Inc. (“Company”) to employ you in the executive officer position described in Paragraph 1 below for the Employment Period (as hereinafter defined). The “Employment Period” shall initially be the period May 17, 2010 through May 16, 2013; provided, however, that on May 17, 2013 and each May 17 thereafter, the Employment Period shall automatically be extended for one additional year unless, not later than the immediately preceding February 17, either you or the Company shall have given written notice to the other that you or it does not wish to extend the Employment Period; and provided further that the Employment Period shall terminate automatically when you attain age sixty-five (65). In the event this Letter Agreement is terminated for any reason other than your death, your obligations as set forth in Paragraph 9 shall survive and be enforceable notwithsta
