Amendment to Employment Agreements between ESCO Technologies Inc. and Executives (August 9, 2001)

Contract Categories: Human Resources › Employment Agreements
Summary

ESCO Technologies Inc. and three executives—Charles J. Kretschmer, Alyson S. Barclay, and Victor L. Richey, Jr.—have agreed to amend their existing employment agreements. The main change is to extend the term of each executive's employment agreement until November 2, 2004. All other terms of the original agreements remain unchanged. This amendment is effective as of August 9, 2001.

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EX-10.18 6 c66668ex10-18.txt AMENDMENT TO EMPLOYMENT AGREEMENT EXHIBIT 10.18 AMENDMENT TO EMPLOYMENT AGREEMENT THIS AGREEMENT entered into as of August 9, 2001 between ESCO Technologies Inc. ("Company") and Charles J. Kretschmer ("Executive). WITNESSETH: WHEREAS, the Company and the Executive entered into an Employment Agreement as of November 3, 1999 ("Agreement"); and WHEREAS, the parties retained the right to amend the Agreement pursuant to Article 15 thereof; and WHEREAS, the parties desire to amend the Agreement effective as of August 9, 2001; NOW, THEREFORE, effective as of August 9, 2001, the Agreement is amended as follows: 1. The following is added at the end of Paragraph 1: This Agreement shall be extended until November 2, 2004. IN WITNESS WHEREOF, the foregoing Agreement was executed effective as of August 9, 2001. ESCO TECHNOLOGIES INC. By: ------------------------------ ------------------------------ Charles J. Kretschmer AMENDMENT TO EMPLOYMENT AGREEMENT THIS AGREEMENT entered into as of August 9, 2001 between ESCO Technologies Inc. ("Company") and Alyson S. Barclay ("Executive). WITNESSETH: WHEREAS, the Company and the Executive entered into an Employment Agreement as of November 3, 1999 ("Agreement"); and WHEREAS, the parties retained the right to amend the Agreement pursuant to Article 15 thereof; and WHEREAS, the parties desire to amend the Agreement effective as of August 9, 2001; NOW, THEREFORE, effective as of August 9, 2001, the Agreement is amended as follows: 2. The following is added at the end of Paragraph 1: This Agreement shall be extended until November 2, 2004. IN WITNESS WHEREOF, the foregoing Agreement was executed effective as of August 9, 2001. ESCO TECHNOLOGIES INC. By: ------------------------------ ------------------------------ Alyson S. Barclay AMENDMENT TO EMPLOYMENT AGREEMENT THIS AGREEMENT entered into as of August 9, 2001 between ESCO Technologies Inc. ("Company") and Victor L. Richey, Jr. ("Executive). WITNESSETH: WHEREAS, the Company and the Executive entered into an Employment Agreement as of November 3, 1999 ("Agreement"); and WHEREAS, the parties retained the right to amend the Agreement pursuant to Article 15 thereof; and WHEREAS, the parties desire to amend the Agreement effective as of August 9, 2001; NOW, THEREFORE, effective as of August 9, 2001, the Agreement is amended as follows: 3. The following is added at the end of Paragraph 1: This Agreement shall be extended until November 2, 2004. IN WITNESS WHEREOF, the foregoing Agreement was executed effective as of August 9, 2001. ESCO TECHNOLOGIES INC. By: ------------------------------ ------------------------------ Victor L. Richey, Jr.