Exhibit 10.20

 

MOCON, INC.

 

DESCRIPTION OF NON-EMPLOYEE DIRECTOR
RETIREMENT PLAN

 

 

In recognition of, and as additional compensation for, service on the board of
directors of MOCON, Inc., a non-employee director of MOCON who has served on the
board of directors of MOCON for at least five years will, upon retirement,
receive an amount equal to the annual retainer fee such director would have been
entitled to receive during the fiscal year in which such director’s retirement
occurs.  This payment, however, will not be made to a director who, following
his or her retirement, continues to serve as a consultant to MOCON or any of its
subsidiaries.  Any amount payable under this retirement plan will be paid as
determined by the MOCON board of directors in its sole discretion following such
director’s retirement.

 

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