MANAGING DIRECTORSHIP AGREEMENTManaging Directorship Agreement • May 17th, 2004 • EnerSys
Whereas, Enersys Inc. a US Company having its seat at 2366 Bernville Road, Reading, PA (Enersys) and Invensys plc, a corporation organized under the laws of England and Wales have entered into a Stock Purchase Agreement (the Purchase Agreement) pursuant to which, among other things, Enersys will acquire the Company (the Acquisition);
HAWKER LOGO / ENERSYS S.A. LETTERHEAD]Managing Directorship Agreement • June 22nd, 2006 • EnerSys • Wholesale-electrical apparatus & equipment, wiring supplies
With reference to the Managing Directorship Agreement dated January 8, 2002, (as amended the "Directorship Agreement"), between you and EnerSys S.A. (formerly known as Hawker Belgium S.A., and referred to herein as the "Company"), pursuant to which you are currently serving as Managing Director of the Company, we confirm that effective as of April 1, 2006 your annual fixed gross emolument provided for in Subsection 2.1 of the Directorship Agreement has been increased to EUR 321,000 (payable in twelve monthly installments of EUR 26,750), and the Company elects to, and hereby does, extend the Directorship Agreement for an addition term of two years. Subsection 2.1 of the Directorship Agreement is hereby amended to reflect such increase.
HAWKER LOGO / ENERSYS S.A. LETTERHEAD]Managing Directorship Agreement • April 14th, 2005 • EnerSys • Wholesale-electrical apparatus & equipment, wiring supplies
With reference to the Managing Directorship Agreement dated January 8, 2002, (as amended the "Directorship Agreement"), between you and EnerSys S.A. (formerly known as Hawker Belgium S.A., and referred to herein as the "Company"), pursuant to which you are currently serving as Managing Director of the Company, we confirm that effective as of April 1, 2005 your annual fixed gross emolument provided for in Subsection 2.1 of the Directorship Agreement has been increased to 306,000 EUR (payable in twelve monthly installments of 25,500 EUR each). Subsection 2.1 of the Directorship Agreement is hereby amended to reflect such increase.
