ContractSettlement Agreement • September 28th, 2009 • Technitrol Inc • Electronic components, nec • Pennsylvania
AGREEMENT FOR SETTLEMENT OF BENEFITS UNDER PRE-409 SERP 1. Sale of AMID. Technitrol, Inc. (the "Company") and all active participants in the Technitrol, Inc. Supplemental Retirement Plan Amended and Restated Effective December 31, 2004 (the "pre-409A SERP") as of the date of this Agreement (i.e., Grace Greco, Michael J. McGrath, Drew A. Moyer, James M. Papada III, and David J. Stakun)(the "Active Participants") agree that if the closing of a sale of the AMI Doduco business occurs before January 1, 2012 (a "Sale"), such Sale shall result in the consequences described below with respect to the pre-409A SERP. For this purpose, a "sale of the AMI Doduco business" means a direct or indirect sale, in one transaction or a series of related transactions, of all or substantially all the assets or shares of any of the following: (a) AMI Doduco, Inc., (b) AMI Doduco GmbH and AMI Doduco Espana, S.L. (i.e., AMI Doduco Europe), or (c) AMI Doduco GmbH, AMI Doduco Espana, S.L. and AMI D
