Name Address RE: Special Severance Agreement Dear :Special Severance Agreement • September 26th, 2000 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens)
Carpenter Technology Corporation (the "Company") considers it essential to the best interests of its stockholders to foster the continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the "Board") recognizes that, as is the case with many publicly held corporations, the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders.
INDEMNIFICATION AGREEMENTIndemnification Agreement • September 26th, 2000 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Delaware
AGREEMENT, effective as of ________________, between CARPENTER TECHNOLOGY CORPORATION, a Delaware corporation (the "Company"), and __________ ____________(the "Indemnitee").
AGREEMENT TO FURNISH DEBT INSTRUMENTSAgreement • September 26th, 2000 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens)
Pursuant to Instruction 3(b)(4)(iii) to Item 601 of Regulation S-K, Carpenter has not included as an Exhibit any instrument with respect to long-term debt if the total amount of debt authorized by such instrument does not exceed 10% of the total assets of Carpenter. Carpenter agrees, pursuant to this Instruction, to furnish a copy of any such instrument to the Securities and Exchange Commission upon request of the Commission.
