exv10w57






Exhibit 10.57




PERSONAL / CONFIDENTIAL




Mr. Marc de La Guéronnière

Carrer Enrique Gimenez 17, 5° 2a

Barcelona 08034

Spain




	 	 	 	 	 

	Date

	 	January 27, 2011
	 	 
	Reference

	 	CM/em
	 	 
	Direct Dial

	 	+41 44 944 24 45
	 	 
	Telefax

	 	+41 44 944 22 55
	 	 






Employment Agreement




between Mettler-Toledo International Inc., Im Langacher, 8606 Greifensee, Switzerland, and Marc de
La Guéronnière born January 5, 1964, citizen of France.




The parties enter into an employment agreement on the terms and conditions set forth below:




	 	 	 
	Function

	 	Head European Market Organizations, Member of the
Group Management Committee (GMC) of the METTLER
TOLEDO Group.
	 
	 	 
	Employing Company / Position
Location

	 	Mettler-Toledo SAS, Viroflay, France (MT-F). The
principal place of work is Paris. Given the
international presence of the company, employee’s
duties will require regular business travel to the
Group’s various locations, in particular
throughout Europe.
	 
	 	 
	 

	 	If not otherwise stipulated in this agreement, the
general rules of employment of MT-F apply.
	 
	 	 
	Remuneration

	 	Base Salary of EUR 204’000.— gross per annum,
effective August 1, 2011, payable in twelve equal
monthly installments of EUR 17’000.—.
	 
	 	 
	 

	 	Participation in the Incentive Plan POBS Plus for
Members of the Group Management of METTLER TOLEDO
pursuant to the then-current plan and regulations.
Under this plan employee is eligible to earn a
cash incentive based upon achievement of various
financial and personal targets. For 100% target
achievement, the incentive is currently EUR
91’800.— gross (45% of base salary). The scaling
of the incentive system and selection and
weighting of targets, including personal targets,
are at the sole discretion of the Compensation
Committee of the Board of Directors.






 









 






	 	 	 	 	 

	Employment Agreement Marc de La Guéronnière dated January 27, 2011


Head European Market Organizations

	 	 	2	 






	 	 	 

	Expenses

	 	Reimbursement of actual business expenses against
documentation in line with MT-F regulations and
Group policies.
	 
	 	 
	Company Car

	 	Employee shall be provided with a company car in
line with the company car rules and regulations of
MT-F, as actually valid or as may be amended from
time to time.
	 
	 	 
	Equity Incentive Plan

	 	Participation in the METTLER TOLEDO Equity
Incentive Plan as may be amended from time to
time.
	 
	 	 
	Personnel Insurance

	 	Participation in the personnel insurance plans as
statutory in France and as established by MT-F for
its employees and as might be amended from time to
time. Actual plans in place:







	 	▪	 	Social security and retirement plan
	 
	 	▪	 	Disability and life insurance
	 
	 	▪	 	Medical insurance (health & accident)





	 	 	 

	Vacation

	 	30 working days per calendar year, which includes
compensation for overtime. Unused vacation days
cannot be converted for cash payment. Unused
vacation days in a given year will not be carried
forward.
	 
	 	 
	Duration /Notice
Period/
Termination

	 	This employment agreement in effective as of
August 1, 2011 and is of unlimited duration. It
can be terminated by either party without cause by
giving 12 months notice in writing to the end of a
month.
	 
	 	 
	Confidentiality

	 	Employee agrees to keep confidential both during
and after his employment with METTLER TOLEDO all
information of a confidential nature not generally
known outside of METTLER TOLEDO, and not to use
such confidential information other than for
purposes of performing his duties for METTLER
TOLEDO.
	 
	 	 
	Non-Competition

	 	While employee is employed by METTLER TOLEDO and
for a period of twelve months after his
termination, employee shall not directly or
indirectly (a) engage in or be employed in any
business anywhere in the world which competes with
the businesses of METTLER TOLEDO, or (b) solicit
for hire or hire any METTLER TOLEDO employee.
	 
	 	 
	Previous Employment
Agreements

	 	With the effectiveness of this Employment
Agreement, all previous agreements with METTLER
TOLEDO shall be considered as cancelled. The
acquired years of service since July 15, 2001 are
taken into consideration where applicable.
	 
	 	 
	Applicable Law

	 	This agreement shall be governed by French law.






	 	 	 

	Mettler-Toledo International Inc.

	 	The Employee
	 
	 	 





					
	Olivier Filliol
	 	Christian Magloth
	 	Marc de La Guéronnière






Enclosure: — GMC POBS Plus Regulations