Luke Fichthorn Severance BenefitsSeverance Agreement • March 5th, 2007 • Bairnco Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers
Reference is hereby made to the Employment Agreement between Luke E. Fichthorn (the “Executive”) and Bairnco Corporation (the “Company”), dated January 22, 1990, as amended (the “Employment Agreement”) and the merger agreement (the “Merger Agreement”) between the Company, BZ Acquisition Corp (“Merger Sub”) and Steel Partners II, L.P. (the “Purchaser”).
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 5th, 2007 • Bairnco Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers
This Amendment to the Employment Agreement between Bairnco Corporation, a Delaware corporation (the “Company”), and Luke E. Fichthorn III (the “Executive”) that was originally entered into on January 22, 1990 (as amended through the date hereof, the “Employment Agreement”) is hereby entered into as of the 23 day of February, 2007. Capitalized terms used herein without definition shall have the meanings ascribed to them in the Employment Agreement.
AMENDMENT TO RIGHTS AGREEMENTRights Agreement • March 5th, 2007 • Bairnco Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers • Delaware
This Amendment to the Rights Agreement (the “Amendment”), dated as of February 23, 2007, is entered into by and between Bairnco Corporation, a Delaware corporation (the “Company”), and Computershare Investor Services, LLC, a Delaware company (the “Rights Agent”).
WAIVER AGREEMENTWaiver Agreement • March 5th, 2007 • Bairnco Corp /De/ • Plastic materials, synth resins & nonvulcan elastomers • New York
This WAIVER AGREEMENT (the “Agreement”), effective as of February 23, 2007, is made and entered into by and between Bairnco Corporation (the “Company”) and Luke E. Fichthorn (the “Executive”).
