ENPRO INDUSTRIES, INC. (NYSE:NPO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 11, 2019, EnPro Industries, Inc. (the “Company”) and Stephen E. Macadam, the Company’s Chief Executive Officer and President, entered into an amendment to Mr. Macadam’s Management Continuity Agreement dated April 14, 2008 with the Company (the “Management Continuity Agreement”). This amendment deletes the section of the Management Continuity Agreement that provided for “Gross-Up Payments” (as defined therein) to Mr. Macadam with respect to any excise tax imposed by Section 4999 of the Internal Revenue Code arising from payments made under the Management Continuity Agreement. This amendment is filed as Exhibit 10.1 hereto and the Management Continuity Agreement was filed as Exhibit 10.13 to the Company’s Form 10-K for the year ended December 31, 2008 (File No. 001-31225), each of which is incorporated herein by reference.
|
Item 9.01 |
Financial Statements and Exhibits |
ENPRO INDUSTRIES, INC Exhibit
EX-10.1 2 ex101-xamendment4x19.htm EXHIBIT 10.1 Exhibit Exhibit 10.1AMENDMENT TO MANAGEMENT CONTINUITY AGREEMENTTHIS AMENDMENT TO MANAGEMENT CONTINUITY AGREEMENT (this “Amendment”) is dated as of April 11,…
To view the full exhibit click here
About ENPRO INDUSTRIES, INC. (NYSE:NPO)
EnPro Industries, Inc. (EnPro) is engaged in the designing, developing, manufacturing, and marketing engineered industrial products. The Company operates through three segments: Sealing Products, Engineered Products and Power Systems. Its Sealing Products segment designs, manufactures and sells sealing products, including metallic, non-metallic and composite material gaskets, resilient metal seals, elastomeric seals, hydraulic components, expansion joints and casing end seals. Its Engineered Products segment includes its bearings, aluminum blocks for hydraulic applications and reciprocating compressor components. Its Engineered Products segment includes operations that design, manufacture and sell self-lubricating, non-rolling, metal-polymer, and solid polymer and filament wound bearing products. Its Power Systems segment designs, manufactures, sells and services heavy-duty, medium-speed diesel, natural gas and dual fuel reciprocating engines.
