Amendment to Change in Control Employment Agreements between Briggs & Stratton Corporation and Executive Officers
This amendment modifies the existing change in control employment agreements between Briggs & Stratton Corporation and its executive officers. The revision updates the language in Sections 2(c) and (d) to clarify that a change in control requires both shareholder approval and the subsequent completion of the transaction. The amendment ensures that certain employment protections or terms are only triggered after these two conditions are met.
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
2004 Annual Report on Form 10-K
EXHIBIT 10.3(a)
AMENDMENT TO CHANGE IN CONTROL
EMPLOYMENT AGREEMENTS
RESOLVED, that the employment agreements between the Corporation and its executive officers relating to a change of control be modified by revising the introductory clause in Sections 2(c) and (d) of the agreements to read: Approval by the shareholders of the Company and the subsequent consummation of . . . .