Amendment to Offer Letter for Ajita G. Rajendra Dated February 25, 2009
This amendment, dated February 25, 2009, is between A. O. Smith Corporation and Ajita G. Rajendra. It modifies Mr. Rajendra's original offer letter to clarify his pension supplement. Upon completing 10 years of service with A. O. Smith, Mr. Rajendra will be eligible for an $85,000 annual pension supplement, paid as a straight life annuity starting at retirement. This amendment resolves an outstanding issue regarding pension benefits forfeited at his previous employer.
Exhibit 10(i)
February 25, 2009
Mr. Ajita G. Rajendra
President
A. O. Smith Water Products Company,
a division of A. O. Smith Corporation
500 Tennessee Waltz Pkwy
Ashland City, TN 37015-1299
Re: | Amendment to Offer Letter |
Dear Ajita:
This letter confirms our agreement to amend your offer letter dated September 20, 2004 (Offer Letter) with respect to your pension supplement. To resolve an open issue dating back to your date of hire related to pension forfeited at your former company, the following replaces item 4, Pension Supplement, in your Offer Letter:
4. | Pension Supplement. With completion of 10 years of service with A. O. Smith, you will be eligible for an $85,000/year supplement paid as a straight life annuity commencing with your retirement from A. O. Smith. |
If you have any questions about this, please feel free to contact me.
Best Regards, |
/s/ Mark A. Petrarca |
Mark A. Petrarca |
Senior Vice President |
Human Resources and Public Affairs |