Extension of Change of Control Employment Agreement between Kewaunee Scientific Corporation and William A. Shumaker

Summary

Kewaunee Scientific Corporation and William A. Shumaker have agreed to extend the term of Mr. Shumaker's Change of Control Employment Agreement by three years. The agreement, originally set to end on November 12, 2002, will now expire on November 12, 2005. All other terms and conditions of the original agreement remain unchanged. This extension was authorized by the company's Board of Directors and signed by both parties on June 27, 2002.

EX-10.38(A) 5 dex1038a.txt CHANGE OF CONTROL - WILLIAM A. SHUMAKER Exhibit 10.38(A) EXTENSION OF CHANGE OF CONTROL EMPLOYMENT AGREEMENT Pursuant to Section 1(b) of your Change of Control Employment Agreement (the "Agreement"), dated as of November 12, 1999, the term of the Agreement, as stated in Section 1(b) thereof, is hereby extended by three (3) years, so that the Agreement, as extended, will end on the sixth anniversary of its effective date (specifically on November 12, 2005) rather than on the third anniversary date. In all other respects, the Agreement is reaffirmed and remains unchanged. IN WITNESS WHEREOF, this Extension Agreement, pursuant to authorization from the Board of Directors of the Company, is executed in the Company's name and on its behalf as of the day and year shown herein. Date: June 27, 2002 /s/ William A. Shumaker ----------------------------------------- William A. Shumaker KEWAUNEE SCIENTIFIC CORPORATION By: /s/ Eli Manchester, Jr. ------------------------------------- Eli Manchester, Jr. Its: Chairman of the Board