AmendedSchedule A

EX-10.1 3 nnex10_18k031810.htm NN EX 10.1 8-K 03-18-10 nnex10_18k031810.htm

EXHIBIT 10.1

NN, Inc. has amended Schedule A to the Employment Agreement (the "Employment Agreement") of the following executive officer:

Roderick Baty

The text of the Amended Schedule A is attached hereto and incorporated by reference herein. All other terms and conditions of the Employment Agreement remain unchanged.

Amended Schedule A

Executive's Severance Payment shall be a lump sum payment equal to:

1. 2.5 times Executive's base salary (as of the date of Executive's termination); plus

2. 2.0 times Executive's median bonus available at the following bonus target percentage:

60%.