Gerber Scientific, Inc. – February 13, 2007 Hand Delivery Dear Rod: We Are Pleased to Offer the Following Compensation Package for Your Assignment With Spandex Ltd. (The "Company") in Brussels. Your Appointment Will Be as President, Spandex Ltd. And Senior Vice President, Gerber Scientific, Inc., Reporting to Marc Giles, President and Chief Executive Officer, Gerber Scientific, Inc. You Will Be Entitled to the Same Change in Control and Executive Severance Benefits as Your Peers. The Duration of This Assignment Is Intended to Be a Minimum of Three Years, but Less Than Five Years. (June 29th, 2011)
This offer is contingent upon approval by the Management Development and Compensation Committee of the Board of Directors.
Gerber Scientific, Inc. – Confidential Agreement and General Release (June 29th, 2011)
Gerber Scientific, Inc. ("Gerber") and Stephen Lovass ("Employee"), Employee's heirs, executors, administrators, successors, and assigns (collectively referred to throughout this Agreement as "Employee"), agree that:
Gerber Scientific, Inc. – Summary of Terms of Retention Plan for Stephen Lovass Retention Plan (June 30th, 2010)
Retention incentive is a payment equal to his current annual base salary (prior to reduction) on May 15, 2011, or earlier if a significant change in operating strategy of GSP business occurs sooner and the conditions described below are satisfied. In the event that Stephen is terminated without cause prior to such date, both the retention payment and his severance entitlement under the Company's Severance Policy for Senior Officers shall be paid.
Gerber Scientific, Inc. – Contract (July 14th, 2005)