Salary Adjustment Confirmation Letter for Dr. Robert Mehrabian under Amended Employment Agreement with Teledyne Technologies Incorporated

Summary

This letter confirms that, effective September 1, 2005, Dr. Robert Mehrabian's base salary under his existing employment agreement with Teledyne Technologies Incorporated will be set at $700,000. The adjustment follows a decision by the company's Personnel and Compensation Committee. All other terms of the original employment agreement remain unchanged.

EX-10.1 2 v11488exv10w1.htm EXHIBIT 10.1 exv10w1  

Exhibit 10.1
C. J. QUEENAN, jr.
HENRY W. QLIVER BUILDING
535 SMITHFIELD STREET
PITTSBURGH, PA ###-###-####
     
***@***
  (412) 355-6436
 
  Fax: (412)  ###-###-####
August 4, 2005
Dear Robert:
     This letter is written to confirm that by reason of the action taken by the Personnel and Compensation Committee on August 3, 2005, your “Base Salary” for all purposes of the Amended and Restated Employment Agreement dated as of April 25, 2001, with Teledyne Technologies Incorporated is $700,000 effective September 1, 2005.
Sincerely,
CJQir/djw
Dr. Robert Mehrabian
5388 Baseline Avenue
Santa Ynez, CA ###-###-####

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