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Exhibit10.4 AmendmentNo4toSRLEmploymentAgreement

Exhibit 10.4

AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT 

This Amendment No. 4 to Employment Agreement (the “Amendment No. 4”) is made and entered into as of the 15th day of August, 2012, by and between Xerium Technologies, Inc. (the “Company”) and Stephen R. Light (the “Executive”). 

WITNESSETH 

WHEREAS, the Company and the Executive entered into an Employment Agreement effective as of February 11, 2008, and subsequently amended that Employment Agreement by Amendment No. 1, dated February 26, 2008, Amendment No. 2, dated December 31, 2009 and Amendment No. 3, dated December 9, 2011 (the Employment Agreement and its previous amendments are referred to herein as the “Employment Agreement”); and 

WHEREAS, in consideration for the Executive’s past performance and continued service to the Company, the parties desire to amend the Employment Agreement as set forth herein. 

NOW THEREFORE, in consideration of the mutual terms and conditions set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Executive agree that the Employment Agreement shall be amended as follows: 

1.    Section 6(h)(vii) shall be deleted in its entirety and be replaced with the following:

(vii) Continued Employment. Immediately following his resignation, at which time this Agreement and his employment as an executive employee hereunder shall terminate, the Executive shall continue as a non-executive employee of the Company for six months. During such six month transition period, the Executive (A) must continue to comply with all Company policies; (B) shall receive a salary of Four Hundred Sixty and 00/100 Dollars ($460.00) per week; (C) shall continue to receive an allowance, at the rate of Forty-Five Thousand Dollars ($45,000.00) per year, paid in equal monthly installments to be applied as the Executive shall determine for the expenses associated with the automobile he uses, dues for club memberships, financial planning and other purposes; and (D) shall continue to have the cost of an annual executive physical examination at the medical services provider of the Executive’s choice, to the extent the cost of such examination is not covered by the Company group health plan in which the Executive is enrolled, paid for by the Company.  In the discretion of the Board, the Executive may also be entitled to a discretionary bonus for extraordinary efforts during this six-month transition period. Such bonus shall be paid within forty-five (45) days following the end of the six-month transition period.

2.    Except as herein amended, the Employment Agreement shall remain in full force and effect and is hereby ratified and confirmed in all respects. 

IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the day and year set forth above. 

/s/ Stephen R. Light_______
Stephen R. Light

Xerium Technologies, Inc.
                    
By: /s/ Clifford E. Pieatrafitta
                        
                     Name: Clifford E. Pietrafitta
Title: Executive Vice President and Chief Financial OfficerExhibit10.5 AmendmentNo3toDJPEmploymentAgreement

Exhibit 10.5

AMENDMENT NO. 3 TO 
AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

This Amendment No. 3 to the Amended and Restated Employment Agreement (the “Amendment No. 3”) is made and entered into as of the 15th day of August, 2012, by and between Xerium Technologies, Inc. (the “Company”) and David J. Pretty (the “Executive”). 

WITNESSETH 

WHEREAS, the Company and the Executive entered into an Amended and Restated Employment Agreement effective as of February 11, 2008, and subsequently amended that Employment Agreement on March 14, 2011 and on December 16, 2011 (the Employment Agreement and its previous amendments are referred to herein as the “Employment Agreement”); and 

WHEREAS, the parties desire to amend the Employment Agreement as set forth herein. 

NOW THEREFORE, in consideration of the mutual terms and conditions set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Executive agree that the Employment Agreement shall be amended as follows: 

1.     Section 4, Compensation and Benefits, shall be amended by the addition of a new Section 4(h) which shall read: 

“(h) Retention Bonus.  If the Executive remains employed with the Company pursuant to the terms of this Agreement as of August 15, 2015, the Company shall pay the Executive a retention bonus equal to two hundred twenty-five thousand dollars ($225,000) (“Retention Bonus”), payable at the next then-occurring payroll payment date.”

2.      Section 6, Compensation Upon Termination, shall be amended (A) in Section 6(d)(ii), Close in Time to a Change in Control,  by renumbering subclause (ii) to subclause (iii) and by adding a new subclause (ii) between subclause (i) and renumbered subclause (iii), which shall read as follows:

(ii) shall pay him an amount equal to his Retention Bonus, provided the Retention Bonus has not previously been paid (“Accelerated Retention Bonus”), 

And (B) in Section 6(d)(iii), Conditions, by adding the following after the last sentence therein:       

“Payment of the Accelerated Retention Bonus under Section 6(d)(ii) shall be made as soon as possible following the effective date of the required Employee Release, but, in no event later than two and one-half months following the Executive’s separation from service.” 

3.        Except as herein amended, the Employment Agreement shall remain in full force and effect and is hereby ratified and confirmed in all respects. 

IN WITNESS WHEREOF, this Amendment No. 3 has been duly executed as of the day and year set forth above. 

/s/ David J. Pretty________
David J. Pretty

Xerium Technologies, Inc.
                    
By: /s/ Clifford E. Pietrafitta
                        
                     Name: Clifford E. Pietrafitta
Title: Executive Vice President and Chief Financial OfficerExhibit 10.6 Non-Management Director Compensation Policy

Exhibit 10.6

Xerium Technologies, Inc. 
Non-Management Director Compensation Policy
Non-management directors receive an annual retainer of $112,000, which will be paid pursuant to the Xerium Technologies, Inc. Directors' Deferred Stock Unit Plan. Under the plan, 50% of the retainer will be paid in the form of a grant of deferred stock units. Non-management directors will be given the opportunity to elect to receive the remainder of such retainer in deferred stock units or in cash. Please see the Directors' Deferred Stock Unit Plan for additional information. 
The chair of the Audit Committee also receive additional cash compensation at an annual rate of $10,000 per year, and the chair of the Compensation Committee, the chair on of the Nominating and Governance Committee, and the Lead Independent Director, if there is one, each receive additional cash compensation at an annual rate of $5,000 per year. If the Chairman of the Board is a non-management director, then he or she will receive additional cash compensation at an annual rate of $60,000 per year.  Directors are also reimbursed for out-of-pocket expenses for attending board and committee meetings.EX-10.1

Exhibit 10.1

AVNET, INC.

EXECUTIVE INCENTIVE PLAN

1.    Purpose

The principal purpose of the Avnet, Inc. Executive Incentive Plan (the “Plan”) is to provide
incentives to executive officers and other members of senior management of Avnet, Inc. (the
“Company”) who have significant responsibility for the success and growth of the Company and to
assist the Company in attracting, motivating and retaining such employees on a competitive basis.

2.    Administration of the Plan

The Plan shall be administered by the Compensation Committee of the Board of Directors (the
“Committee”). The Committee shall at all times be composed of at least two directors of the
Company, each of whom is an “outside director” within the meaning of Section 162(m) of the Internal
Revenue Code of 1986, as amended (the “Code”), and Treasury Regulation Section 1.162-27(e)(3). The
Committee shall have the sole discretion to (a) interpret the Plan, (b) determine who shall
participate in the Plan, (c) approve pre-established objective performance measure or measures,
(d) certify the level to which each performance measure was attained prior to any payment under the
Plan, (e) approve the amount of awards made under the Plan, and (f) determine who shall receive any
payment under the Plan.

The Committee shall have full power and authority to administer and interpret the Plan and to adopt
such rules, regulations and guidelines for the administration of the Plan and for the conduct of
its business as the Committee deems necessary or advisable. The Committee has the authority to make
modifications to the program as may be required by law. The Committee’s interpretations of the
Plan, and all actions taken and determinations made by the Committee pursuant to the powers vested
in it hereunder, shall be conclusive and binding on all parties concerned, including the Company,
its shareholders and any person receiving an award under the Plan.

3.    Eligibility

Executive officers and other members of senior management of the Company and its affiliates shall
be eligible to receive awards under the Plan, which awards are intended to qualify as
performance-based awards for purposes of Section 162(m) of the Code. The Committee shall designate
the executive officers and other members of senior management who will participate in the Plan each
fiscal year. If an individual becomes an executive officer or member of senior management during
the fiscal year, such individual may be granted eligibility for an incentive award for that year.

4.    Awards under the Plan

The Committee shall establish annual and/or long-term incentive award targets for participants.
Incentive award targets are expressed as the dollar amount of the incentive award that will be paid
to a participant if the corresponding performance goals are achieved.

The Committee shall also establish annual and/or long-term performance goals, which must be
achieved in order for an incentive award to be earned under the Plan. Such performance goals shall
be based on any one or more of the following: price of the Company’s Common Stock, shareholder
return, return on equity, return on investment, return on capital employed, sales productivity,
sales growth, economic profit, economic value added, net income, operating income, gross margin,
sales, free cash flow, earnings per share, operating unit contribution, achievement of annual
operating profit plans, debt level, market share or similar financial performance measures as may
be determined by the Committee. The performance goals may be established on a cumulative basis and
may be established on a stand-alone basis with respect to the Company or any of its operating
units, or on a relative basis with respect to any peer companies or index selected by the
Committee. These performance goals may be based on an analysis of historical performance and growth
expectations for the business, financial results of other comparable businesses, and progress
towards achieving the long-range strategic plan for the business. These performance goals and
determination of results shall be based entirely on financial measures.

The specific performance goals for each participant shall be established in writing by the
Committee within ninety days after the commencement of the fiscal year or other performance period
(or within such other time period as may be required by Section 162(m) of the Code) to which the
performance goal relates. At the time the performance goals are established, the outcome must be
substantially uncertain. The performance goal shall be established in such a manner that a third
party having knowledge of the relevant facts could determine whether the performance goal has been
met.

Awards shall be payable as soon as practicable following the completion of the applicable fiscal
year or other performance period, upon certification by the Committee that the Company achieved the
specified performance goal established for the participant. In no event shall payment be made later
than the end of the “applicable 2 1/2-month period”
described in Treasury Regulation Section 1.409A-1(b)(4)(i)(A). Notwithstanding the attainment by
the Company of the specified performance goals, the Committee has the discretion, for each
participant, to reduce some or all of an award that would otherwise be paid to such participant. In
no event may a participant receive an award or payment of more than $5,000,000 under the Plan in
any fiscal year.

5.    Miscellaneous Provisions

The Company shall have the right to deduct from all awards paid any federal, state, local or
foreign taxes required by law to be withheld with respect to such awards. Neither the Plan nor any
action taken hereunder shall be construed as giving any employee any right to be retained in the
employ of the Company or affecting any right the Company has to terminate the employment of any
participant. The costs and expenses of administering the Plan shall be borne by the Company and
shall not be charged to any award or to any participant receiving an award.

The Plan is not the exclusive method pursuant to which the Company may establish or otherwise make
available bonus or incentive payments to its executive officers and other members of senior
management.

All rights and obligations under the Plan and any award under the Plan shall be governed by and
construed in accordance with the laws of the State of New York, without regard to principles of
conflict of laws.

6.    Recoupment

Any awards payable under this Plan shall be subject to the terms and conditions of the Company’s
compensation recoupment or clawback policy, as in effect and amended from time to time, including
disgorgement or repayment to the extent required by such policy.

7.    Effective Date, Amendments, Termination and Shareholder Approval

The Plan shall become effective on August 10, 2012, subject to approval by the shareholders of the
Company at its 2012 Annual Meeting of Shareholders. The Plan shall terminate automatically if the
material terms and performance goals are not reapproved by shareholders at or before the first
shareholder meeting that occurs in 2017.

The Committee may at any time terminate or from time to time amend the Plan in whole or in part,
but no such action shall adversely affect any rights or obligations with respect to any awards
previously made under the Plan.

Shareholder approval is required for any amendment to the Plan which would: (a) increase the
maximum amount which can be paid to any one executive officer under the Plan in any fiscal year,
(b) change the specified performance goals for payment of awards, or (c) modify the requirement as
to eligibility for participation in the Plan.

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