Summary of Modifications to Employment Agreement between GrafTech International Holdings Inc. and David J. Rintoul (Effective March 1, 2018)
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Summary
This document summarizes changes to the employment agreement between GrafTech International Holdings Inc. and David J. Rintoul. The modifications include increasing the limit for reimbursing Mr. Rintoul's residence sale losses to $250,000 following the sale of his previous home. Additionally, Mr. Rintoul now receives enhanced employee benefits, such as improved health benefits, a 401(k) plan with a 5% company match, and a defined contribution retirement plan with a 3% company contribution.
EX-10.35 5 ex1035summaryofmodificatio.htm EXHIBIT 10.35 Exhibit
Exhibit 10.35
Summary of Modifications to Employment Agreement, effective March 1, 2018, between GrafTech International Holdings Inc. and David J. Rintoul
Reference is made to that certain Employment Agreement, effective March 1, 2018, between GrafTech International Holdings Inc. and David J. Rintoul; capitalized terms have the meanings defined therein. In connection with the eventual sale of Mr. Rintoul’s previous residence in November 2018, the Company agreed to increase the limit for Residence Sale Losses to $250,000. Mr. Rintoul also participates in the employee benefit programs of the Company, which benefits have increased since the original date of his agreement, including health benefits, a 401(k) plan (including a 5% Company cash match on eligible employee contributions) and a defined contribution retirement plan (with a 3% contribution on eligible earnings).
