EXECUTIVE SEVERANCE COMPENSATION AGREEMENTBoard of Directors • March 8th, 2004 • Praxair Inc • Industrial inorganic chemicals • Connecticut
The Board of Directors (the “Board”) of Praxair, Inc. (“Praxair”) recognizes that the possibility of a Change in Control of Praxair exists, 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 Praxair or its majority-owned subsidiaries incorporated in the United States (hereinafter to be referred to collectively as the “Company”).
