EXHIBIT 10.28
ESCO TECHNOLOGIES INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT
This Agreement entered into on the ______ day of ____________, 200__,
between ESCO Technologies ("Company") (formerly ESCO Electronics Corporation)
and _________________________, ("Executive"):
WITNESSETH:
WHEREAS, the Company adopted the ESCO Electronics Corporation
Supplemental Retirement Plan effective as of August 2, 1993 ("Plan"); and
WHEREAS, the Executive is performing valuable services for the Company;
and
WHEREAS, the Company desires to encourage the Executive to continue to
perform such services by including the Executive as a Participant under the
Plan.
NOW, THEREFORE, in consideration of the premises herein contained, the
parties agree as follows:
1. The Company agrees to include the Executive as a Participant under
the Plan.
2. The Executive acknowledges that he has received a copy of the Plan
and understands Section VII thereof, pursuant to which the Executive's rights to
benefits under the Plan and the right of the Executive's Beneficiary, if any,
may be forfeited if the Executive is discharged for cause, or enters into
competition with the Company, or interferes with the relations between the
Company and
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any customer, or engages in any activity that would result in any decrease of,
or loss in, sales of the Company.
IN WITNESS WHEREOF, the foregoing Agreement was entered into as of the
day and year first above written.
ESCO TECHNOLOGIES INC.
By
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Vice President
ATTEST:
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Secretary
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Executive
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