Re: Retention AgreementRetention Agreement • June 15th, 2012 • Watts Water Technologies Inc • Miscellaneous fabricated metal products • Massachusetts
You have stated your intention to retire as Chief Financial Officer from Watts Water Technologies, Inc. (the “Company”), but have agreed to consider remaining in the position to assist in the search for a successor and to transition your responsibilities. As outlined in this letter, the Company is prepared to provide you a retention benefit to remain with the Company through December 14, 2012 to allow for the orderly transition of your duties to a new Chief Financial Officer.
