FORM OF SEVERANCE COMPENSATION AGREEMENT FOR SENIOR MANAGEMENT (2011 U.S. VERSION)Severance Compensation Agreement • July 28th, 2011 • Graftech International LTD • Electrical industrial apparatus • Delaware
The Board of Directors (the “Board”) of GrafTech International Ltd. (the “Corporation”) has authorized the grant to you of this Severance Compensation Agreement (this “Agreement”). The Board recognizes that the possibility of a Change in Control of the Corporation exists, as is the case with many publicly held corporations, and that the uncertainty and questions which it may raise among management may result in the departure or distraction of management personnel to the detriment of the Corporation and its stockholders.
