Transitional Assignment and Termination Notice Agreement between Koppers Inc. and Brian H. McCurrie
Koppers Inc. is transferring Brian H. McCurrie to the role of Senior Vice President, Business Development, for a transitional period of up to three months, after which his employment will end. During this period, he will report to the CEO and assist his successor. The letter serves as official notice that his employment will be terminated under the terms of his existing employment contract, specifically Section 7(b), which covers termination without cause. If he resigns during this period, it will also be treated as a termination under the same section. All other employment terms remain in effect.
Exhibit 10.90
| Steven R. Lacy Senior Vice President, Administration, General Counsel and Secretary |  |
| Koppers Inc. 436 Seventh Avenue Pittsburgh, PA ###-###-#### Tel ###-###-#### Fax ###-###-#### ***@*** www.koppers.com |
April 24, 2014
Via Email
Mr. Brian H. McCurrie
[Home address]
Subject: Transitional Position
Dear Brian:
In follow-up to our conversation this afternoon, this letter describes the terms and conditions of the transitional assignment we discussed. As I mentioned, Koppers Inc. (the “Company”) will, if you so agree, transfer you to the position of Senior Vice President, Business Development, effective tomorrow, April 25, 2014. You will remain in that position for a transitional period of no more than three months, (the “Transitional Period”); during the Transitional Period, you will report to the Company’s President and Chief Executive Officer (the “CEO”) and will be expected to discharge all of the duties and responsibilities assigned to you by the CEO. You will also be expected to assist the individual succeeding to your prior position as Senior Vice President, Global Carbon Materials and Chemicals with his transition into that position. At the conclusion of the Transitional Period, your employment with the Company will terminate.
As you know, you previously entered into an employment contract with the Company, which contract has been amended from time to time (as amended, the “Employment Contract”). The Company agrees to treat your termination of employment at any time during the Transitional Period as a termination under Section 7(b) of the Employment Contract. Section 7(b) of the Employment Contract provides, among other things, that the Company may terminate your employment without Cause (as defined in the Employment Contract) by giving you written Notice of Termination (as defined in the Employment Contract). This letter will serve as your written Notice of Termination under Section 7(b) of the Employment Contract. In addition, the Company agrees that if you voluntarily resign from your employment with the Company at any time during the Transitional Period, your resignation will be treated as a termination under Section 7(b) of the Employment Contract.
Other than as described above, your continued employment by the Company during the Transitional Period will be subject to all applicable terms of the Employment Contract.
Sincerely,
/s/ Steven R. Lacy
Steven R. Lacy
| cc: | Walter W. Turner |
Daniel R. Groves
