AMENDMENT NUMBER 8
TO THE
GOODRICH CORPORATION SEVERANCE PROGRAM
THIS AMENDMENT is
made this 28th day of September, 2009, by Goodrich Corporation
(hereinafter referred to as the “Company”);
WHEREAS, the
Company maintains the Goodrich Corporation Severance Program, as
amended and restated, effective February 21, 2006 (hereinafter
referred to as the “Plan”);
WHEREAS, pursuant
to Section 10 of the Plan, the Chief Executive Officer of the
Company has the authority to amend the exhibits to the
Plan;
WHEREAS, for the
purpose of determining years of continuous service under the Plan,
the Chief Executive Officer, in accordance with the Agreement and
Plan of Merger by and among the Company, GR NJ Acquisition Co.,
Inc., Sensors Unlimited, Inc., and Shareholders’
Representative dated September 6, 2005 (the “Sensors Purchase
Agreement”), desires to give eligible employees credit for
service with Sensors Unlimited, Inc. if an eligible employee became
an employee of the Company or one of its subsidiaries through the
acquisition of Sensors Unlimited, Inc.;
WHEREAS, for the
purpose of determining years of continuous service under the Plan,
the Chief Executive Officer, as a result of the Company’s
purchase of 100% of the outstanding stock of Cloud Cap Technology,
Inc. on May 1, 2009, desires to give eligible employees credit
for service with Cloud Cap Technologies, Inc. if an eligible
employee became an employee of the Company or one of its
subsidiaries through the acquisition of Cloud Cap Technology, Inc.;
and
WHEREAS, for the
purpose of determining years of continuous service under the Plan,
the Chief Executive Officer, as a result of Cloud Cap Technology,
Inc.’s purchase of the Assets of L-Systems, Inc. dba
Solutions Engineering, Inc. (as defined in the Asset Purchase
Agreement between Cloud Cap and L-Systems, Inc. dated as of
May&
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