HARDINGE INC - FORM 10-K - EX-10.36 - EXHIBIT 10.36 - March 3, 2017

Attached files

file filename
EX-10.35 - EXHIBIT 10.35 - HARDINGE INCexh1035tifftemployagreement.htm
EX-10.16 - EXHIBIT 10.16 - HARDINGE INCexh1016kellenbergercreditf.htm
EX-10.39 - EXHIBIT 10.39 - HARDINGE INCexh1039amendexecsupppensio.htm
EX-10.42 - EXHIBIT 10.42 - HARDINGE INCexh1042hardinge-nqdcxdcxde.htm
EX-32 - EXHIBIT 32 - HARDINGE INChdng-12312016x10kex32.htm
EX-31.2 - EXHIBIT 31.2 - HARDINGE INChdng-12312016x10kex312.htm
EX-31.1 - EXHIBIT 31.1 - HARDINGE INChdng-12312016x10kex311.htm
EX-23 - EXHIBIT 23 - HARDINGE INCexhibit-232016consentofey.htm
EX-21 - EXHIBIT 21 - HARDINGE INCexhibit21-subsidiariesfy16.htm
EX-10.34 - EXHIBIT 10.34 - HARDINGE INCexh1034langaamended.htm
EX-10.33 - EXHIBIT 10.33 - HARDINGE INCexh1033langaempagree.htm
EX-10.30 - EXHIBIT 10.30 - HARDINGE INCexh1030simonsamend.htm
EX-10.29 - EXHIBIT 10.29 - HARDINGE INCexh1029simonsempagree.htm
EX-10.28 - EXHIBIT 10.28 - HARDINGE INCexh1028cashincentplan.htm
EX-10.18 - EXHIBIT 10.18 - HARDINGE INCexh1018jiaxingcreditfacili.htm
EX-3.3 - EXHIBIT 3.3 - HARDINGE INCexh33bylawshardingeinc.htm
10-K - 10-K - HARDINGE INChdng-12312016x10k.htm


Exhibit 10.36
 
HARDINGE INC.
 
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
 
This Amendment to Employment Agreement (࿽Amendment࿽) is dated as of February 14, 2012 between Hardinge Inc., a New York corporation (the ࿽Company࿽) and Douglas C. Tifft (the ࿽Executive࿽).
 
WHEREAS, the Company and the Executive are parties to an Employment Agreement dated as of March 7, 2011 (the ࿽Employment Agreement࿽), pursuant to which the Executive is employed as an executive officer of the Company; and
 
WHEREAS, the Company and the Executive have agreed to modify the Employment Agreement.
 
NOW, THEREFORE, for good and valuable consideration the receipt of which is hereby acknowledged by the Company and the Executive, the Company and the Executive agree as follows:
 
1.                                       Section 5.2.3 of the Employment Agreement is hereby deleted in its entirety and shall be of no further force or effect.
 
2.                                       A new paragraph is hereby added to the end of Section 5.2.2, which paragraph shall read as follows:
 
࿽If the Executive remains employed with the Company pursuant to this Agreement for a period of more than 12 months following a Change in Control, then, for the purposes of this Agreement, such Change of Control shall be deemed to have not occurred and Section 5.2.1 shall apply to a subsequent termination by the Company without Cause or a resignation by the Executive for Good Reason during the Employment Term, unless and until another Change in Control occurs.࿽
 
3.                                       Subject to the modification set forth in Section 1 of this Amendment, the Employment Agreement remains in effect.
 
4.                                       This Amendment (i) constitutes the entire agreement between the Company and the Executive with respect to the subject matter hereof and supersedes all prior discussions, agreements and understandings relating thereto, and (ii) may not be amended or modified except by a writing signed by the Company and the Executive.

IN WITNESS WHEREOF, the Company and the Executive have executed this Amendment as of the date first written above.
 
 
 
HARDINGE INC.
 
 
 
 
 
By:
/s/ Richard L. Simons
 
 
 
 
 
 
Name:
Richard L. Simons
 
 
 
 
 
 
Title:
Chairman, President and CEO
 
 
 
 
 
 
 
 
 
 
 
/s/ Douglas C. Tifft



Stock widget

Investing forum

HARDINGE INC Reports