January 23, 2015 (January 23rd, 2015)
As we discussed today, the decision has been made to eliminate your position with Layne Christensen Company (the Company) effective January 30, 2015. Subject to your execution of the Acceptance and Release in the form attached to this letter within the time provided in that document, the Company is offering the following salary and benefit continuation program.
Acceptance and Release (January 23rd, 2015)
I have been informed that my employment with Layne Christensen Company (Company) has been terminated. I understand that I have been offered a severance and benefit continuation program by the Company.
Summary of 2013 Salaries of Named Executive Officers (April 16th, 2013)
The Company does not have written employment agreements with its CEO, CFO, or the other most highly compensated executive officers to be named in the Company's Proxy Statement (the "Named Executive Officers"). The following table sets forth the current base salaries provided to the Named Executive Officers: