Severance Agreements Between Minerals Technologies Inc. and Executive Employees
Minerals Technologies Inc. has entered into severance agreements with several executive employees, including vice presidents and senior management. These agreements outline the terms under which the employees would receive severance benefits if their employment is terminated under certain conditions. The agreements are substantially identical to a previously filed form, with specific details for each employee listed by name, position, and date of agreement. The purpose is to provide financial protection and clarity for both the company and the executives in the event of employment separation.
EXHIBIT 10.6
A Severance Agreement has been executed by the Company and the indicated employee, substantially identical in all material respects to the form of Severance Agreement filed as Exhibit 10.6 to the Company's 2000 Annual Report on Form 10-K except as noted below.
| EMPLOYEE | POSITION | DATE OF AGREEMENT |
| | | |
| Gordon S. Borteck | Vice President, Organization | March 15, 2002 |
| Alain Bouruet-Aubertot | Senior Vice President, | November 25, 2002 |
| Michael A. Cipolla | Vice President - Controller | March 1, 2001 |
| Kirk G. Forrest | Vice President, General Counsel | December 1, 2004 |
| D. Randy Harrison | Vice President and Managing | March 15, 2002 |
| William Kromberg | Vice President - Taxes | March 1, 2001 |
| Kenneth Massimine | Senior Vice President, | March 1, 2001 |
| Paul R. Saueracker | Chairman, President and | January 1, 1997 |
| John A. Sorel | Senior Vice President - | March 1, 2001 |
