CECO ENVIRONMENTAL CORP. 14651 North Dallas Parkway Dallas, TX 75254Ceco Environmental Corp • July 11th, 2023 • Industrial & commercial fans & blowers & air purifing equip
This purpose of this letter is to provide you with written notification of our agreement that the Board of Directors of CECO Environmental Corp (“CECO” or the “Company”), in consultation with you, has made the decision not to renew the Executive Employment Agreement entered into by you and the Company, effective July 6, 2020 (the “Employment Agreement”). This letter serves as formal written notice of non-renewal pursuant to Section 3(a) of the Employment Agreement, which section requires that notice of non-renewal be provided at least ninety (90) days before the end of the initial employment period that ends on July 6, 2023; we understand that you waive such ninety (90) day notice requirement under Section 3(a) of the Employment Agreement, with the consideration for such waiver being the enhanced compensation and benefits to be provided to you as outlined below.
CECO ENVIRONMENTAL CORP. Performance-Based Restricted Stock Units AgreementPerformance-Based Restricted Stock Units Agreement • July 11th, 2023 • Ceco Environmental Corp • Industrial & commercial fans & blowers & air purifing equip • Delaware
This PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made as of the date set forth above (the “Date of Grant”) by and between CECO Environmental Corp., a Delaware corporation (the “Company”), and the individual named above (the “Grantee”).
