0001140361-12-019799 Sample Contracts

Contract
Change in Control Agreement • April 9th, 2012 • MTS Systems Corp • Measuring & controlling devices, nec • Minnesota

THIS CHANGE IN CONTROL AGREEMENT is made and entered into by and between MTS Systems Corporation, a Minnesota corporation with its principal offices at 14000 Technology Drive, Eden Prairie, MN 55344 (the “Company”) and Jeffrey A. Graves (the “Executive”), and shall be effective as of Executive’s first day of employment with the Company (the “Effective Date”).

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SEVERANCE AGREEMENT
Severance Agreement • April 9th, 2012 • MTS Systems Corp • Measuring & controlling devices, nec • Minnesota

THIS SEVERANCE AGREEMENT is made and entered into by and between MTS Systems Corporation, a Minnesota corporation with its principal offices at 14000 Technology Drive, Eden Prairie, MN 55344 (the “Company”) and Jeffrey A. Graves (the “Executive”), and shall be effective as of his Employment Date as defined below.

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