0001193125-04-028002 Sample Contracts

KEY MANAGEMENT SEVERANCE AGREEMENT
Key Management Severance Agreement • February 23rd, 2004 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Ohio

This Severance Agreement (the “Agreement”) is made as of July 7, 2000 by and between OWENS CORNING, a Delaware corporation (the “Company”), and Charles E. Dana, an officer of the Company (“Executive”).

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Agreement with Charles E. Dana
Owens Corning • February 23rd, 2004 • Abrasive, asbestos & misc nonmetallic mineral prods

By action taken in 1995 and 1997, Owens Corning agreed to provide Charles E. Dana a supplemental pension benefit, under Owens Corning’s pension plan formula in existence on his employment date, determined as if he had earned 1½ years of service for each year worked, provided that he remains an Owens Corning employee for no less than ten years following his November 15, 1995 employment date.

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