Severance Agreements between Minerals Technologies Inc. and Executive Employees (March 15, 2002)

Summary

Minerals Technologies Inc. entered into severance agreements with several executive employees on March 15, 2002. 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 minor noted exceptions. The key obligations include the company's commitment to provide severance pay and related benefits to the listed executives if eligible events occur.

EX-10.6(B) 4 ex10-6bfinal.htm SCHEDULE/SEVERANCE AGREEMENT EXHIBIT 10

EXHIBIT 10.6(b)

            Severance Agreements have been executed by the Company and the indicated employees, each substantially identical in all material respects to the form of Severance Agreement filed as Exhibit 10.6 to the Company's 2001 Annual Report on Form 10-K except as noted below.

 

 

EMPLOYEE 

POSITION

DATE OF AGREEMENT




  Gordon S. Borteck 

Vice President, Organization 
   and Human Resources

March 15, 2002

  Howard R. Crabtree 

Senior Vice President, Minteq

March 15, 2002

  D. Randy Harrison

Vice President and General Manager, 
   Performance Minerals

March 15, 2002

  Kenneth Massimine

Senior Vice President,  Paper PCC

March 15, 2002

  John A. Sorel 

Senior Vice President, Corporate 
   Development and Finance

March 15, 2002