exv10w58









Exhibit 10.58




PERSONAL / CONFIDENTIAL




Mr. Christian Magloth

Stadtturmstrasse 5

5400 Baden




	 	 	 	 	 

	Date

	 	March 22, 2010
	 	 
	Reference

	 	PB/em
	 	 
	Direct Dial

	 	+41 44 944 22 85
	 	 
	Telefax

	 	+41 44 944 22 55
	 	 






Employment Agreement




between Mettler-Toledo International Inc., Greifensee Branch, Im Langacher, 8606 Greifensee,
Switzerland, and Mr. Christian Magloth, born March 2, 1965 citizen of Switzerland.




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




	 	 	 
	Function

	 	Head Human Resources, Member of the
Group Management Committee (GMC) of
the METTLER TOLEDO Group.
	 
	 	 
	Employing Company / Position Location

	 	Mettler-Toledo International Inc.,
Greifensee Branch, 8606 Greifensee,
Switzerland. The principal place of
work is Greifensee, Switzerland.
Given the international presence of
the company, employee’s duties will
require regular business travel to
the Group’s various locations.




If not otherwise stipulated in this
agreement, the general rules of
employment (“Allgemeine
arbeitsvertragliche Bestimmungen
(AVB)” of our Swiss operations)
apply.
	 
	 	 
	Remuneration

	 	Base Salary of
CHF 280’020.00 gross
per annum, effective October 15,
2010 payable in twelve equal
monthly installments of               
CHF 23’335.00.
	 
	 	 
	 

	 	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 bonus is currently
CHF 126’009.00 gross (45% of base
salary). The scaling of the bonus
system, and selection and weighting
of targets, including personal
targets, are determined by the
Compensation Committee of the Board
of Directors.
	 
	 	 
	Expenses

	 	Expense Allowance according to
then-current regulations of CHF
10’500.— per annum, payable in
twelve monthly installments of CHF
875.—. No commuting or vehicle
allowance will be paid.






 









 






	 	 	 	 	 

	Employment Agreement Christian Magloth dated March 22, 2010


Head Human Resources

	 	 	2	 






	 	 	 

	Equity Incentive Plan

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

	 	Additional Accident Insurance and
Disability Insurance (coverage of
salary in case of illness and
accident), at METTLER TOLEDO’s
expense.




Participation in the Mettler-Toledo
Fonds (pension plan for GMC
members) as might be amended from
time to time, at METTLER TOLEDO’s
expense for the “Standard plan
minus”. The insured salary in the
Mettler-Toledo Fonds and other
personnel insurances is 77.2727% of
Target Salary, subject to limits
applicable under Swiss law.
	 
	 	 
	Vacation

	 	30 working days per calendar year,
including compensation for overtime
(“Zeitregelung mit pauschaler
Abgeltung”). Unused vacation days
in a given year will not be carried
forward.
	 
	 	 
	Duration /Notice
Period

	 	This employment agreement starts on
October 15, 2010 and is of
unlimited duration. The notice
period is 12 months to the end of a
month for both parties.
	 
	 	 
	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.
	 
	 	 
	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.
	 
	 	 
	Miscellaneous

	 	Tax filings:
	 
	 	 
	 

	 	The parties acknowledge a separate
agreement will be signed regarding
tax equalization matters.
	 
	 	 
	Applicable Law and Jurisdiction

	 	This agreement shall be governed by
Swiss law. All disputes concerning
the terms and conditions of this
agreement shall be brought before
the ordinary courts in the Canton
of Zurich, Switzerland.






 









 






	 	 	 	 	 

	Employment Agreement Christian Magloth dated March 22, 2010


Head Human Resources

	 	 	3	 






	 	 	 

	Mettler-Toledo International Inc.

	 	The Employee
	 
	 	 





					
	Olivier Filliol
	 	Peter Bürker
	 	Christian Magloth