AmendedSchedule A

EX-10.2 4 nnex10_28k031810.htm NN EX 10.2 8-K 03-18-10 nnex10_28k031810.htm

EXHIBIT 10.2

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

James O. Anderson

James H. Dorton

Frank T. Gentry

Jeffrey Hodge

William C. Kelly, Jr.

Robert Sams

Thomas Zupan

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

Amended Schedule A

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

1. 2.0 times Executive's base salary (as of the date of Executive's termination); plus

2. 1.0 times Executive's median bonus available at the following bonus target percentage:

40%.