Pall Corporation Letterhead] August 3, 2011Employment Agreement • August 9th, 2011 • Pall Corp • General industrial machinery & equipment, nec
On behalf of Pall Corporation (“Pall” or “Company”), I am delighted to offer you the position of President and Chief Executive Officer of Pall as outlined in this letter below (this “Agreement”). You will report to our Board of Directors (the “Board”), and have the duties and responsibilities normally associated with your position. If you accept this offer, your first day of work at Pall’s corporate headquarters in Port Washington, New York, will be at the earliest mutually agreeable date (your “Start Date”). The Board will elect you as a Director as soon as practicable (but not more than 5 business days) after your Start Date and will nominate you for re-election to the Board at the December 2011 annual shareholders meeting and respecting each annual meeting thereafter during your employment. Certain terms used in this Agreement are defined as set forth in Exhibit A or, where noted, defined in Company employee benefit and incentive plans.
