SEVERANCE PROTECTION AGREEMENTSeverance Protection Agreement • March 29th, 2002 • General Dynamics Corp • Ship & boat building & repairing • Delaware
SEVERANCE PROTECTION AGREEMENT dated ___________, by and between General Dynamics Corporation, a Delaware corporation (the “Company”), and ___________________ (the “Executive”).
Mr. William W. Boisture President & Chief Operating Officer Gulfstream Aerospace Corporation 500 Gulfstream Road Savannah, GA. 31402 Dear Bill: Please accept this letter to memorialize our understanding of certain issues agreed to between you and...General Dynamics Corp • March 29th, 2002 • Ship & boat building & repairing
This letter agreement is predicated on your remaining employed with General Dynamics Corporation through December 31, 2004. During the term of this Agreement, you will continue to receive an annual base salary that is no less than your current base salary. Consistent with our normal practices, your base salary and bonus will be reviewed annually.
