Ferro Corporation | 6060 ParklandBoulevard | Mayfield Heights, Ohio 44124 | USA p ###-###-#### f ###-###-#### www.ferro.com
Exhibit 10.5
FERRO
| James F. Kirsch | ||||
| Chairman, President and Chief Executive Officer |
February 24, 2012
PERSONAL & CONFIDENTIAL
Addendum to February 16. 2012 Offer Letter
Jeffrey L. Rutherford
14784 River Glen Drive
Novelty, Ohio 44072
Dear Jeff:
The following provision is hereby added to the offer letter dated February 16, 2012:
Should your resignation from Park-Ohio Holdings result in the forfeiture of your earned bonus, Ferro will reimburse you for the documented amount of the forfeited bonus up to a maximum of $150,000, within the first 120 days of employment with Ferro.
If you have any questions, please give Ann Killian or me a call.
Sincerely,
James F. Kirsch
Chairman, President and Chief Executive Officer
Ferro Corporation | 6060 Parkland Boulevard | Mayfield Heights, Ohio 44124 | USA
p ###-###-#### f ###-###-#### www.ferro.com
