AMENDED & RESTATED FOREIGN LOCALIZATION AGREEMENT David JohnsonForeign Localization Agreement • February 17th, 2011 • Nalco Holding CO • Miscellaneous chemical products • Illinois
This Foreign Localization Agreement is made effective on the 1st day of January, 2011 and amended and restated on the 14th of February, 2011 , by and between Nalco Company (or a designated affiliate) (“Nalco”) and David Johnson. Mr. Johnson will continue to hold the title Executive VP, President EAME and he will continue to report to the Chief Executive Officer. All other assignment/employment agreements for Mr. Johnson are hereby terminated, and he shall have no claim under any other assignment policy. Notwithstanding the foregoing, Executive’s employment at all times shall be deemed to be an employment at-will and Executive’s employment may be terminated by Executive or the Company for any reason or no reason. This Agreement shall replace any previous foreign assignment, ex-patriate or similar agreements between the parties (and all such agreements shall be terminated by mutual agreement of the parties.) The benefits described herein shall be conditioned upon continuing employment du
