EMPLOYMENT AGREEMENTEmployment Agreement • January 18th, 2005 • Northrop Grumman Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • California
NORTHROP GRUMMAN CORPORATION 1840 Century Park East Los Angeles, California 90067-2199 Telephone 310-553-6262Northrop Grumman Corp /De/ • January 18th, 2005 • Search, detection, navagation, guidance, aeronautical sys
Discussions have occurred between us regarding your potential resignation as a Corporate Vice President and the Chief Financial Officer of Northrop Grumman Corporation (“Northrop Grumman”). This letter constitutes my understanding of the terms that would govern your resignation. As we have discussed, your decision to resign and this agreement have been approved by the Compensation and Management Development Committee (the “Committee”). Northrop Grumman regretfully accepts your resignation with sincere appreciation for the outstanding job you have done as both Chief Financial Officer and as a member of the Board of Directors.
