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10-Q - FORM 10-Q - GOODRICH CORPg20619e10vq.htm
EX-15 - EX-15 - GOODRICH CORPg20619exv15.htm
EX-31.2 - EX-31.2 - GOODRICH CORPg20619exv31w2.htm
EX-10.1 - EX-10.1 - GOODRICH CORPg20619exv10w1.htm
EX-10.2 - EX-10.2 - GOODRICH CORPg20619exv10w2.htm
EX-31.1 - EX-31.1 - GOODRICH CORPg20619exv31w1.htm
EX-32 - EX-32 - GOODRICH CORPg20619exv32.htm
Exhibit 10.3
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”);
W I T N E S S E T H
     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 1, 2009), desires to give eligible employees credit for service with L-Systems, Inc. dba Solutions Engineering, Inc. if an eligible employee became an employee of the Company or one of its subsidiaries through the acquisition of the Assets of L-Systems, Inc. dba Solutions Engineering, Inc.
     NOW, THEREFORE, BE IT RESOLVED, the Chief Executive Officer hereby amends Exhibit C to the Plan as set forth in the attached revision to Exhibit C effective for any Qualifying Termination, as that term is defined in the Plan, that occurs on or after November 1, 2006, if an eligible employee became an employee of the Company or one of its subsidiaries through the acquisition of Sensors Unlimited, Inc.;

 


 

     FURTHER RESOLVED, the Chief Executive Officer hereby amends Exhibit C to the Plan as set forth in the attached revision to Exhibit C effective for any Qualifying Termination, as that term is defined in the Plan, that occurs after May 1, 2009, if an eligible employee became an employee of the Company or one of its subsidiaries through the acquisition of Cloud Cap Technology, Inc.; and
     FURTHER RESOLVED, the Chief Executive Officer hereby amends Exhibit C to the Plan as set forth in the attached revision to Exhibit C effective for any Qualifying Termination, as that term is defined in the Plan, that occurs after May 1, 2009, if an eligible employee became an employee of the Company or one of its subsidiaries through the acquisition of the Assets of L-Systems, Inc. dba Solutions Engineering, Inc.
     IN WITNESS WHEREOF, the Company, by its Chief Executive Officer, has caused this Amendment to be executed as of the day and year first above written.
         
  GOODRICH CORPORATION
 
 
  By:   /s/ Marshall O. Larsen    
    Marshall O. Larsen,   
    Chief Executive Officer   

 


 

         
Exhibit C
To Goodrich Corporation Severance Program
List of Acquired Companies
For purposes of calculating years of service under Section 5 of the Goodrich Corporation Severance Program, service with the following companies prior to their acquisition by Goodrich or a subsidiary of Goodrich shall be considered, but only if the affected employee became an employee of Goodrich or a subsidiary of Goodrich through the acquisition:
     
 
  The Cleveland Pneumatic Company
 
  Cloud Cap Technology, Inc.
 
  Coltec Industries Inc. and any subsidiaries of Coltec
 
  Goodrich Actuation Systems Limited
 
  Goodrich Control Holdings Limited
 
  Goodrich Control Systems Limited
 
  Gulton Data Systems and any affiliated employer
 
  Hughes Aircraft Company
 
  ITEK
 
  L-Systems, Inc. dba Solution Engineering, Inc.
 
  Perkin-Elmer Corporation
 
  Raytheon Corporation
 
  Recon/Optical, Inc.
 
  Rohr, Inc.
 
  Sensors Unlimited, Inc.
 
  Simmonds Precision Engine Systems, Inc.
 
  Simmonds Precision Motion Controls, Inc.
 
  Simmonds Precision Products, Inc.
 
  TEAC Aerospace Holdings, Inc.
 
  TEAC Aerospace Technologies, Inc.
 
  TRW, Inc. and any affiliated employer
 
  Universal Propulsion Company, Inc.
Revised September, 2009