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CHARTER JET POLICY &
PROCEDURES
Personal Use Of Aircraft
Chartered By The Company
Kennametal Inc.
(the “Company”) may make available aircraft owned,
leased or chartered by it for personal use by executive officers of
the Company if such corporate aircraft is not otherwise being used
for business purposes.
A request by
any executive (other than the Chief Executive Officer) for personal
use of an aircraft owned, leased or chartered by the Company must
be approved by the Chief Executive Officer. A request by the Chief
Executive Officer for the personal use of such aircraft must be
pre-approved by either the Chief Financial Officer or the General
Counsel, or by the Compensation Committee of the Board of Directors
if the request for personal use by the Chief Executive Officer came
after the use had already occurred. Any executive desiring to use
such aircraft for personal use must complete the request form
attached to the Charter Jet Policy & Procedures and deliver
such form to the Chief Executive Officer (or the Chief
Financia
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