COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE AGREEMENTCollateral Assignment Split Dollar Insurance Agreement • September 13th, 2005 • Argo Tech Corp • Aircraft engines & engine parts • Ohio
This Split Dollar Agreement (the “Agreement”) is established and effective between ARGO-TECH CORPORATION, organized and existing under the laws of the State of Delaware (the “Company”), and Paul R. Keen, a key employee and executive of the Company (the “Participant”), as of the 1st day of January, 1996.
NONQUALIFIED DEFERRED COMPENSATION AGREEMENTNonqualified Deferred Compensation Agreement • September 13th, 2005 • Argo Tech Corp • Aircraft engines & engine parts
This Deferred Compensation Agreement (the “Agreement”) is established and effective between ARGO-TECH CORPORATION, a corporation organized and existing under the laws of the State of Delaware (the “Company”), and Frances S. St Clair, a key employee and executive of the Company (the “Participant”), as of the 28th day of December, 1995.
May 1, 2005Argo Tech Corp • September 13th, 2005 • Aircraft engines & engine parts
In the event a “Change in Control” (as hereinafter defined) occurs and you remain employed by Argo-Tech on a full time basis through the effective date of the Change in Control, Argo-Tech shall pay you in a single lump sum on the effective date of the Change in Control, the amounts due under the last paragraph of Paragraph 1 of the Agreement. Upon any such payment, the Agreement shall be cancelled and of no further force and effect.
May 1, 2005Argo Tech Corp • September 13th, 2005 • Aircraft engines & engine parts
In the event a “Change in Control” (as hereinafter defined) occurs and you remain employed by Argo-Tech on a full time basis through the effective date of the Change in Control, Argo-Tech shall pay you, in a single lump sum on the effective date of the Change in Control, the amount due under Section 4 of the Agreement. Upon any such payment, the Agreement, including without limitation, Argo-Tech’s obligations under Section 10, shall be cancelled and of no further force and effect.
