0000060849-10-000038 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • October 1st, 2010 • Lufkin Industries Inc • General industrial machinery & equipment • Texas

THIS AMENDED AND RESTATED SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of September 20, 2010, by and between LUFKIN INDUSTRIES, INC., a Texas corporation (the “Company”) and Brian J. Gifford of Allen, Texas (the “Executive”).

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