STOCK PURCHASE AGREEMENTStock Purchase Agreement • February 22nd, 2007 • Federal Signal Corp /De/ • Motor vehicles & passenger car bodies • Illinois
THIS STOCK PURCHASE AGREEMENT (this “Agreement”), is made as of this 29th day of December, 2006, by and between Kennametal Inc., a Pennsylvania corporation (“Buyer”) and FEDERAL SIGNAL CORPORATION, a Delaware corporation (“Seller”).
March 24, 2006 PERSONAL AND CONFIDENTIAL Mr. Stephen C. Buck 508 Aberdeen Road Frankfort, Illinois 60423 Dear Steve:Waiver and Release Agreement • February 22nd, 2007 • Federal Signal Corp /De/ • Motor vehicles & passenger car bodies • Illinois
As we have discussed, your employment with Federal Signal Corporation (the “Company”) will end effective April 30, 2006 (the “Separation Date”). As of your Separation Date you will be eligible to receive severance benefits under the Company’s Executive General Severance Plan (the “Severance Pay Plan”).
