Transition and Executive Chairman Agreement Sample Contracts

TRANSITION AND EXECUTIVE CHAIRMAN AGREEMENT
Transition and Executive Chairman Agreement • February 26th, 2019 • Kadant Inc • Special industry machinery (no metalworking machinery) • Massachusetts

THIS TRANSITION AND EXECUTIVE CHAIRMAN AGREEMENT (this “Agreement”) by and between KADANT INC., a Delaware corporation (the “Company”), and Jonathan W. Painter (the “Executive”) is made as of February 13, 2019.