LETTER TO PRESIDENT AND CHIEF EXECUTIVE OFFICER REGARDING NON-RENEWAL OF
EMPLOYMENT CONTRACT August 13, 2008
and Chief Executive Officer
Cook Road, Suite 200
writing on behalf of the Board of Directors of Fansteel Inc., in regards to your
employment agreement dated January 16, 2004. As per the terms of the Amendment,
we are providing you with notice of non-renewal under the automatic renewal
provisions. With this notice, your existing employment contract will expire on
January 23, 2009.
feel free to contact myself or any of the Board members if you should have any
Member, Fansteel Inc.