Document:

Consulting Agr. by and b/w Blount Intl, Inc. and Russell L. German

 Exhibit 10(k) 
 CONSULTING AGREEMENT 
 This CONSULTING AGREEMENT, dated as of
July 2, 2010 (this “Agreement”), is hereby made by and between Blount International, Inc., a Delaware corporation (the “Corporation”) and Russell L. German (the “Executive”). 

WHEREAS, the Executive is serving as President of the Carlton business group of the Corporation pursuant to the terms of an Employment
Agreement, dated as of April 30, 2008 (the “Employment Agreement”); and 
 WHEREAS, the Term of the Employment
Agreement ends on July 1, 2010; and 
 WHEREAS, the Corporation desires that the Executive provide certain consulting
services to the Corporation in order to permit the Corporation to avail itself of the extensive expertise, knowledge, and experience of the Executive with respect to the Corporation’s business and customers and the Executive desires to provide
such services to the Corporation, all upon the terms and subject to the conditions set forth herein. 
 NOW, THEREFORE, in
consideration of the foregoing and the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows. 

1. Term. Executive shall perform the services hereunder for a period commencing on July 2, 2010 (“Effective Date”)
and ending on July 1, 2013 (such period is referred to hereinafter as the “Consulting Period”). The Consulting Agreement may only be terminated during the Consulting Period by the Corporation in the event of Executive’s
death, Disability, termination for cause (as defined in Section 5.2 of the Employment Agreement dated April 30, 2008) or Executive’s voluntary termination of service. 

2. Services to be Provided. The Corporation hereby agrees to engage the Executive, and the Executive hereby agrees to serve the
Corporation, on the terms and subject the conditions set forth in this Agreement. Commencing on the Effective Date and during the Consulting Period, the Executive shall perform the following services: Advising on Carlton brand, manufacturing and
technology at the request of, and in consultation with, the Chief Executive Officer (“CEO”), maintaining and assisting in the management of relationships with major customers, consulting and advising on products, services and manufacturing
facilities, providing the CEO and senior corporate executives with consultation and advice on business matters affecting the Corporation, including manufacturing technologies and productivity. Executive will be reimbursed for the reasonable
out-of-pocket expenses (including business travel and entertainment) that he incurs in performing his consulting services. 
 Executive’s
title during the Consulting Period will be mutually agreed upon between Executive and the Corporation. 

 
Executive will be available to perform services up to five (5) days per month. The CEO and Executive will agree on the days Executive will be performing services under the Consulting
Agreement, and the CEO will accommodate the Executive’s schedule, within reason. In addition to the consulting fee provided for in Section 3, the Corporation may request that Executive perform services for additional days per month. If the
Executive agrees to such additional work, the compensation will be $1,000 per day. The Corporation and the Executive reasonably anticipate that following the Effective Date, Executive’s level of services provided to the Corporation will be
reduced permanently to a level less than or equal to twenty (25%) percent of the level of services provided prior to the Effective Date. 
 3. Consulting Fees; Benefits; Office Space and Assistant. 

a. Executive will be paid a consulting fee for his services of $150,000 per year. Executive will be paid his consulting
fee monthly. 
 b. Executive will be provided during the Consulting Period with health and life insurance
coverage (including executive medical) under the Corporation’s existing benefit programs, but if such coverages cannot be continued under the existing benefit programs or if healthcare coverage cannot be provided in a manner such that benefit
payments will continue to be tax-free to Executive and his dependents, the Corporation will arrange for other, comparable coverages at its expense. Executive will continue to be responsible for paying the costs of any dependent coverage in the same
manner as if he were an active employee. 
 c. Executive will be provided an office at Blount’s headquarters
in Portland, Oregon at 4909 SE International Way, which will be available to him during normal working hours. The Corporation will provide reasonable IT and telecommunications support at the office, including a phone and computer. 

d. Executive will be eligible for success bonuses upon the completion of meaningful and material cost reduction projects.
The amount of any such bonus is subject to the mutual agreement of the Executive and the Corporation. 
 4. Independent
Contractor. During the Consulting Period, the Executive shall be an independent contractor and not an employee of the Corporation. 
 5. Indemnification. During the term of this Agreement and after the end of the Consulting Period for a period of three (3) years, the Corporation shall indemnify Executive and hold Executive
harmless from and against any claim, loss or cause of action arising from or out of Executive’s performance of services for the Corporation or any of its subsidiaries or other affiliates or in any other capacity, including any fiduciary
capacity, in which Executive serves at the Corporation’s request, in each case to the maximum extent permitted by law and under the Corporation’s Articles of Incorporation 

 
and By-Laws (the “Governing Documents”), provided that in no event shall the protection afforded to Executive hereunder be less than that afforded under the Governing Documents as in
effect on the date of this Agreement except from changes mandated by law. During the Consulting Period and for a period of three (3) years thereafter, Executive shall be covered by any policy of directors and officers liability insurance
maintained by the Corporation for the benefit of its officers and directors. 
 6. Assignment; Binding Agreement. In
addition to any obligations imposed by law upon any successor to, or transferor of, the Corporation, the Corporation will require any successor to, or transferor of, all of substantially all of the business and/or assets of the Corporation or the
stock of the Corporation (whether direct or indirect, by purchase, merger, reorganization, liquidation, consolidation or otherwise) to expressly assume and agree to perform this Agreement, in the same manner and to the same extent that the
Corporation would be required to perform it if no such succession had taken place. This Agreement is a personal contract, and the rights and interests of the Executive hereunder may not be sold, transferred, assigned, pledged, encumbered, or
hypothecated by him, except as otherwise expressly permitted by the provisions of this Agreement. This Agreement shall inure to the benefit of and be enforceable by and against the Executive and his personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees, and legatees. If the Executive should die while any amount would still be payable to him hereunder relating to services performed through his date of death, all such amounts, unless
otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his devisee, legatee or other designee or, if there is no such designee, to his estate. 

7. Confidentiality and Noncompetition. 
 a. Executive acknowledges that, during the Consultation Period, the Corporation will furnish to Executive Confidential Information which could be used by Executive on behalf of a competitor of the
Corporation to the Corporation’s substantial detriment, and that Executive, during Consulting Period, may develop important relationships with customers and others having valuable business relationships with the Corporation. In view of the
foregoing, Executive acknowledges and agrees that the restrictive covenants contained in this Section are reasonably necessary to protect the Corporation’s legitimate business interests and good will. 

b. Executive agrees that he shall protect the Corporation’s Confidential Information and shall not disclose to any
Person, or otherwise use, except in connection with his duties performed in accordance with this Agreement, any Confidential Information at any time, including following the termination of his Consultation Period with the Corporation for any reason;
provided, however, that Executive may make disclosures required by a valid order or subpoena issued by a court or administrative agency of competent jurisdiction, in which event Executive will promptly notify the Corporation of such order or
subpoena to provide the Corporation an opportunity to protect its interests. 

 
Executive’s obligations under this Section 7(b) shall survive any expiration or termination of this Agreement for any reason, provided that Executive may after such expiration or
termination disclose Confidential Information with the prior written consent of the Board. 
 c. Upon the
expiration of the Consultation Period, Executive agrees to deliver promptly to the Corporation all Corporation files, customer lists, management reports, memoranda, research, Corporation forms, financial data and reports and other documents supplied
to or created by him in connection with this Agreement (including all copies of the foregoing) in his possession or control, and all of the Corporation’s equipment and other materials in his possession or control. Executive’s obligations
under this Section 7(c) shall survive any expiration or termination of this Agreement. 
 d. During the
Consulting Period and upon the termination or expiration of the Consulting Period under this Agreement, Executive agrees that for a period of one (1) year from the date of termination or until the end of Consulting Period for which he is
entitled to receive compensation under Section 3 above, whichever is longer, he shall not (i) enter into or engage in the design, manufacture, marketing or sale of any products similar to those produced or offered by the Corporation or its
affiliates in the areas of North America, Asia (including all of China), South America, Latin America and Africa either as an individual, partner or joint venturer, or as an employee, agent or salesman, or as an officer, director, or shareholder of
a corporation, (ii) divert or attempt to divert any person, concern or entity which is furnished products or services by the Corporation from doing business with the Corporation or otherwise change its relationship with the Corporation, or
(iii) solicit, lure or attempt to hire away any of the employees of the Corporation with whom the Executive interacted directly or indirectly while employed with the Corporation. 

e. Executive agrees that the remedies at law of the Corporation for any actual or threatened breach by Executive of the
covenants in this Section 7 would be inadequate and that the Corporation shall be entitled to seek specific performance of the covenants in this Section 7, including entry of an ex-parte , temporary restraining order in state or federal
court, preliminary and permanent injunctive relief against activities in violation of this Section 7, or both, or other appropriate judicial remedy, writ or order, in addition to any damages and legal expenses which the Corporation may be
legally entitled to recover. Executive acknowledges and agrees that the covenants in this Section 7 shall be construed as agreements independent of any other provision of this or any other agreement between the Corporation and Executive, and
that the existence of any claim or cause of action by Executive against the Corporation, whether predicated upon this Agreement or any other agreement, shall not constitute a defense to the enforcement by the Corporation of such covenants.

 f. Executive acknowledges and agrees that the restrictive covenants are
reasonable and valid in time and scope and in all other respects. The covenants set forth in this Agreement shall be considered and construed as separate and independent covenants. Should any part or provision of any covenant be held invalid, void
or unenforceable, such invalidity, voidness or unenforceability shall not render invalid, void or unenforceable any other part or provision of this Agreement. If any portion of the foregoing provisions is found to be invalid or unenforceable because
its duration, the territory, the definition of activities or the definition of information covered is considered to be invalid or unreasonable in scope, the invalid or unreasonable term shall be redefined, or a new enforceable term provided, such
that the intent of the Corporation and Executive in agreeing to the provisions of this Agreement will not be impaired and the provision in question shall be enforceable to the fullest extent of the applicable laws. 

g. The parties hereunder agree that it is their intention that the provisions of this Section 7 be enforced in
accordance with their terms to the maximum extent possible under applicable law. The parties further agree that, in the event any tribunal of competent jurisdiction shall find that any provision hereof is not enforceable in accordance with its
terms, the tribunal shall reform these covenants such that they shall be enforceable to the maximum extent permissible at law. 

8. Entire Agreement. This Agreement contains all the understanding between the parties hereto pertaining to Executive’s
provision of services during the Consulting Period. 
 9. Amendment or Modification, Waiver. No provision of this
Agreement may be amended or waived, unless such amendment or waiver is agreed to in writing, signed by the Executive and by a duly authorized officer of the Corporation. No waiver by any party hereto of any breach by another party hereto of any
condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of a similar or dissimilar condition or provision at the same time, any prior time, or any subsequent time. 

10. Notices. Any notice to be given hereunder shall be in writing and shall be deemed given when delivered personally, sent by
courier or facsimile or registered or certified mail, postage prepaid, return receipt requested, addressed to the party concerned at the address indicated below or to such other address as such party may subsequently give notice hereunder in
writing: 
  

			
	 If to the Executive, to:
	  	
	
	 Russell L. German

	 [Address Removed]

			
	 If to the Corporation, to:
	  	
	
	 Blount International, Inc.

	 4909 SE International Way

	 Portland, OR 97222

	 Attention: General Counsel

 Any notice delivered personally, by courier, or by registered or certified mail, postage prepaid, return receipt requested, under this Section 10 shall be deemed given on the date delivered, and any
notice sent by facsimile shall be deemed given on the date transmitted by facsimile, with satisfactory transmission acknowledged. 
 11. Arbitration of Disputes; Expenses. All claims by Executive for compensation and benefits under this Agreement shall be directed to and determined by the Board and shall be in writing. Any
denial by the Board of a claim for benefits under this Agreement shall be delivered to Executive in writing and shall set forth the specific reasons for the denial and the specific provisions of this Agreement relied upon. The Board shall afford a
reasonable opportunity to Executive for a review of a decision denying a claim and shall further allow Executive to appeal to the Board a decision of the Board within sixty (60) days after notification by the Board that Executive’s claim
has been denied. To the extent permitted by applicable law, any further dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration in Portland, Oregon, in accordance with the rules of the
American Arbitration Association then in effect. Judgment may be entered on the arbitrator’s award in any court having jurisdiction. 
 The Corporation shall pay all legal fees and related expenses (including the costs of experts, evidence and counsel) incurred by the Executive, within thirty (30) days after Executive presents such
legal fees and related expenses for payment to the Corporation, as a result of (i) the Executive’s termination of services under this Agreement (including all such fees and expenses, if any, incurred in contesting or disputing any such
termination of services), (ii) the Executive seeking to obtain or enforce any right or benefit provided by this Agreement or by any other plan or arrangement maintained by the Corporation under which the Executive is or may be entitled to
receive benefits. Except to the extent provided in the preceding sentence, each party shall pay its own legal fees and other expenses associated with any dispute. Executive shall submit the request for reimbursement for an expense promptly and
Executive shall not be reimbursed for the expense if the request for reimbursement for such expense is submitted later than two months prior to the end of the calendar year following the calendar year in which the expense was incurred. 

12. Severability. If any provision of this Agreement or the application of any such provision to any Party or circumstances shall
be determined by any court of competent jurisdiction to be invalid and unenforceable to any extent, the remainder of this Agreement or the application of such provision to such person or circumstances other than those to which it is so determined to
be invalid and unenforceable shall not be affected thereby, and each provision hereof shall be validated and shall be enforced to the fullest extent permitted by law. 

 13. Survivorship. The respective rights and obligations of the Parties hereunder
shall survive any termination of this Agreement to the extent necessary to the intended preservation of such rights and obligations. 
 14. Governing Law; Venue. This Agreement will be governed by and construed in accordance with the laws of the State of Delaware, without regard to the principles of conflicts of law thereof.

 15. Headings. All descriptive headings of sections and paragraphs in this Agreement are intended solely for
convenience, and no provision of this Agreement is to be construed by reference to the heading of any section or paragraph. 

16. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. 
 IN WITNESS WHEREOF, the parties have executed this Agreement on the
date and year first above written to be effective on the Effective Date. 
  

			
	BLOUNT INTERNATIONAL, INC.
		
	By:	 	 /s/ Josh Collins

		 	Name: Joshua L. Collins
		 	Title: Chief Executive Officer
	
	Executive
	 /s/ Russell L. German

	Russell L. GermanAmended and Restated Empl Agr. by and b/w Blount Intl, Inc. and Calvin E. Jennes

 Exhibit 10(l) 
 AMENDED AND RESTATED 
 EMPLOYMENT AGREEMENT 

THIS AMENDED AND RESTATED AGREEMENT is made and entered into as of this 30th day of December, 2010, by and between BLOUNT INTERNATIONAL,
INC., a Delaware corporation (the “Company”), and CALVIN E. JENNESS (“Executive”). 
 W I T N E S S E T H:

 WHEREAS, the Company and Executive entered into an Amended and Restated Employment Agreement, dated as of March 1,
2004, which Agreement has previously been amended (such Agreement as amended is hereinafter referred to as the “Prior Employment Agreement”); and 
 WHEREAS, the parties now desire to amend the Prior Employment Agreement in a number of respects and to restate such Agreement as hereinafter provided; and 

WHEREAS, Executive desires to continue his employment with the Company on the terms and conditions provided herein; 

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein, the parties hereby agree as
follows: 
 1. Employment and Term. 
 (a) Subject to the terms and conditions of this Agreement, the Company hereby employs Executive, and Executive hereby accepts employment, as Senior Vice President and Chief Financial Officer of the
Company and shall have such responsibilities, duties and authority as may from time to time be assigned to Executive by the Chief Executive Officer (or his designee). Executive hereby agrees that during the Term of this Agreement he will devote

 
substantially all his working time, attention and energies to the diligent performance of his duties for the Company. With the consent of the Chief Executive Officer (or his designee), the
Executive may serve as a director on the board of directors or trustees of an additional company or educational organization. 

(b) Unless earlier terminated as provided herein, Executive’s employment under this Agreement shall be for a rolling, two-year term
(the “Term”) commencing on December 31, 2010 (the “Effective Time”), and shall be deemed to extend automatically, without further action by either the Company or Executive, each day for an additional day, such that the
remaining term of the Agreement shall continue to be two years; provided, however, that either party may, by written notice to the other, cause this Agreement to cease to extend automatically and, upon such notice, the “Term” of this
Agreement shall be the two-year period following the date of such notice and this Agreement shall terminate upon the expiration of such Term. 
 2. Compensation and Benefits. As compensation for Executive’s services during the Term of this Agreement, Executive shall be paid and receive the compensation and benefits set forth in
subsections (a) through (e) below: 
 (a) An annual base salary (“Base Salary”) of Three Hundred Sixty-Five
Thousand Dollars ($365,000), prorated for any partial year of employment. Executive’s Base Salary shall be subject to annual review at such time as the Company conducts salary reviews for its executives generally. Executive’s Base Salary
shall be payable in substantially equal installments on a bi-monthly basis, or in accordance with the Company’s regular payroll practices in effect from time to time for executives of the Company. 

  
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 (b) Executive shall be eligible to participate in the Executive Management Annual Incentive
Program (“Incentive Program”) and such other annual incentive plans as may be established by the Company from time to time for individuals at Executive’s level. The Company will establish individual and financial performance goals
each year under the Incentive Program, and Executive’s annual Target Bonus shall be 50% of Base Salary. The annual incentive bonus payable under this subsection (b) shall be payable in accordance with the provisions of the Incentive
Program at the same time bonuses are paid to other executives, unless Executive elects to defer all or a portion of such bonus pursuant to any deferral plan established by the Company for such purpose. 

(c) Executive was eligible to participate in the Blount, Inc. and Subsidiaries Supplemental Retirement Benefit Plan (“SERP”).
Executive acknowledges that the SERP was frozen effective as of December 31, 2006. 
 (d) Executive shall be entitled to
participate in, or receive benefits under, any “employee benefit plan” (as defined in Section 3(3) of ERISA) or employee benefit arrangement made generally available by the Company to its executives, including plans providing
retirement, 401(k) benefits (including the Savings Plus Benefit and the Blount Supplemental Retirement Savings Plan), health care (including Exec-U-Care), life insurance, disability and similar benefits. 

(e) Executive is eligible for vacation in accordance with the Company’s standard vacation policy that was in effect on the date of
Executive’s initial employment with the Company. Executive will be provided an annual automobile allowance in accordance with the Company’s automobile policy for executives. Executive will be provided an annual physical

  
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examination and a financial/tax consultant for financial and tax planning. Executive will be promptly reimbursed by the Company for all reasonable business expenses Executive incurs and properly
reports in carrying out Executive’s duties and responsibilities under this Agreement. Executive will be paid a tax gross-up amount by the Company to cover any additional federal, state or local income taxes he incurs as a result of being
required to include in income the amount of the costs for financial and tax planning or the use of Company assets. 
 3.
Termination. 
 3.1 By Company. The Company shall have the right to terminate Executive’s employment under
this Agreement at any time during the Term by Notice of Termination (as described in Section 6). If the Company terminates Executive’s employment under this Agreement (i) for Cause, as defined in Section 5.2, (ii) if
Executive becomes Disabled, or (iii) upon Executive’s death, the Company’s obligations under this Agreement shall cease as of the date of termination; provided, however, that Executive will be entitled to whatever benefits are payable
to Executive pursuant to the terms of any health, life insurance, disability, welfare, retirement or other plan or program maintained by the Company in which Executive participates. If the Company terminates Executive during the Term of this
Agreement other than pursuant to clauses (i) through (iii) of this Section 3.1, Executive shall be entitled to receive the compensation and benefits provided in subsections (a) through (d) below. Unless specified otherwise,
the time periods in subsections (a) through (d) below shall be the lesser of (i) the 12-month period (the 24-month period if Executive’s Date of Termination is within twelve (12) months after the date of a Change in Control,
as defined in Section 5.3, commencing on the date of Executive’s termination of employment, or (ii) the time period remaining from Executive’s 

  
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Date of Termination until the date he attains age 65 (such time period under (i) or (ii) is hereinafter referred to as the “Severance Period”). Except as otherwise provided
herein, the Company agrees that if Executive’s employment is terminated and he is entitled to compensation and benefits under this Section 3.1, he shall not be required to mitigate damages by seeking other employment, nor shall any
compensation or benefits he receives reduce the amount payable by the Company hereunder. Executive agrees that the compensation and benefits provided pursuant to Sections 3.1 and 3.2 shall be the only severance benefits payable to Executive by the
Company and its affiliates as a result of Executive’s termination of employment and Executive hereby waives his rights (if any) to any severance benefits under any other plan or program of the Company and its affiliates. The compensation and
benefits payable or to be provided under subsections (a) through (d) below shall cease in the event of Executive’s death after termination of employment. 
 (a) Base Salary - Executive will continue to receive his Base Salary as then in effect (subject to withholding of all applicable taxes) for the Severance Period in the same manner as it was being
paid as of the date of termination; provided, however, that the salary payments provided for hereunder shall be paid in a single lump sum payment, to be paid not later than 30 days after his termination of employment; provided, further, that the
amount of such lump sum payment shall be determined by taking the salary payments to be made and discounting them to their Present Value (as defined in Section 5.9) on the date Executive’s employment under this Agreement is terminated.

  
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 (b) Bonuses and Incentives - Executive shall receive bonus payments from the Company
for each month of the Severance Period in an amount for each such month equal to one-twelfth of the average of the bonuses (“Average Bonus”) earned by him for the two fiscal years in which bonuses were paid (ignoring any fiscal year in
which a bonus was not paid) immediately preceding the fiscal year in which such termination occurs (including, if applicable, any completed fiscal year for which the bonus has been earned but has not yet been paid). Any bonus amounts that Executive
had previously earned from the Company but which may not yet have been paid as of the date of termination shall be payable on the date such amounts are payable to other executives and Executive’s termination shall not affect the payment of such
bonus. Executive shall also receive a prorated bonus for any uncompleted fiscal year at the Date of Termination calculated based upon the Average Bonus and the number of days that he was employed during such fiscal year compared to 365. The bonus
amounts determined herein shall be paid in a single lump sum payment, to be paid not later than 30 days after termination of employment; provided, that the amount of such lump sum payment representing the monthly bonus payments shall be determined
by taking the monthly bonus payments to be made and discounting them to their Present Value on the date Executive’s employment under this Agreement is terminated. 
 (c) Health and Life Insurance Coverages - The health (including Exec-U-Care) and group term life insurance benefits coverage provided to Executive at his Date of Termination shall be continued for
the Severance Period at the same level and in the same manner as then provided to actively employed executive participants as if his employment under this Agreement had not terminated. Any additional coverages Executive had at termination, including
dependent coverage, will also be continued for such period on the same terms, to the extent permitted by the applicable policies or contracts. Any costs Executive was paying for 

  
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such coverages at the time of termination shall be paid by Executive by separate check payable to the Company each month in advance. If the terms of the life insurance coverage referred to in
this subsection (c), or the laws applicable to such life insurance coverage, do not permit continued participation by Executive, then the Company will arrange for other life insurance coverage at its expense providing substantially similar benefits.

 If the terms of the healthcare benefits program referred to in this subsection (c) do not permit continued participation
by Executive as required by this subsection or if the healthcare benefits to be provided to Executive and his dependents pursuant to this subsection (c) cannot be provided in a manner such that the benefit payments will continue to be tax-free
to Executive and his dependents, then the Company shall (i) pay to Executive within five (5) days after Executive’s date of termination a lump sum amount equal to the monthly rate for COBRA coverage at Executive’s termination
date that is then being paid by former active employees for the level of coverage that applies to Executive and his dependents, minus the amount active employees are then paying for such coverage, multiplied by the number of months in the Severance
Period (plus a tax gross-up on such lump sum amount determined under this subsection (c)), and (ii) permit Executive and his dependents to elect to participate in the healthcare plan for the length of the Severance Period upon payment of the
applicable rate for COBRA coverage during the Severance Period 
 (d) Employee Retirement Plans - To the extent permitted
by the applicable plan, Executive will be entitled to continue to participate, consistent with past practices, in all employee retirement and deferred compensation plans maintained by the Company in which Executive participates as of his Date of
Termination, including, to the extent such plans are still 

  
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maintained by the Company, the Blount 401(k) Plan and the Blount Supplemental Retirement Savings Plan (Executive acknowledges that the Blount Retirement Plan and the SERP were frozen effective as
of December 31, 2006). Executive’s participation in such plans shall continue for the Severance Period and the compensation payable to Executive under (a) and (b) above shall be treated (unless otherwise excluded) as compensation
under the plan as if it were paid on a monthly basis. For purposes of the Blount 401(k) Plan and the Blount Supplemental Retirement Savings Plan, Executive will receive an amount equal to the Company’s contributions to the plan, assuming
Executive had participated in such plan at the maximum permissible contributions level and the Company had continued to make Matching Contributions and Savings Plus Contributions to such plans for the Severance Period. The Company shall pay such
additional amounts in a lump sum within 30 days of Executive’s termination of employment. 
 (e) Effect of Lump Sum
Payment. The lump sum payments under subsections (a) and (b) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in subsections (c) and (d). Benefits under such plans shall be
determined as if Executive had received such payments monthly over the Severance Period. The lump sum payments under subsections (a), (b), (c) and (d) above are separate payments and are intended to satisfy the “short-term deferral
exception” of Section 409A of the Code; provided that, if such exception does not apply, the provisions of Section 3.4, including the provisions relating to the delay in payments to “key employees”, shall apply. 

(f) Stock Options and Other Equity Awards. As of Executive’s Date of Termination, any outstanding stock options and other
equity awards granted to Executive by the Company shall be become vested and exercisable as provided in the agreements for such stock options and equity awards. 

  
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 3.2 By Executive. Executive shall have the right to terminate his employment
hereunder at any time by Notice of Termination (as described in Section 6). If Executive terminates his employment other than for Good Reason, the Company’s obligations under this Agreement shall cease as of the date of such termination.
If Executive terminates his employment for Good Reason (as defined in Section 5.7), Executive shall be entitled to receive the compensation and benefits set forth in subsections (a) through (d) of Section 3.1 for the Severance
Period, subject to the other provisions of such section. 
 3.3 Release of Claims. To be entitled to any of the
compensation and benefits described above in this Section 3, Executive shall sign a release of claims in the form required by the Company. No payments shall be made under this Section 3 until such release has been properly executed and
delivered to the Company and until the expiration of the revocation period, if any, provided under the release. If the release is not properly executed by Executive and delivered to the Company within the reasonable time periods specified in the
release, the Company’s obligations under this Section 3 will terminate. 
 3.4 Section 409A Compliance.
This Agreement shall at all times be interpreted and operated in good faith compliance in accordance with the requirements of Section 409A. Any action that may be taken (and, to the extent possible, any action actually taken) by the Company
shall not be taken (or shall be void and without effect), if such action violates the requirements of Section 409A. Any provision in this Agreement that is determined to violate the requirements of Section 409A shall be void and without
effect. In addition, any provision that is required to 

  
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appear in this Agreement in accordance with Section 409A that is not expressly set forth herein shall be deemed to be set forth herein, and the Agreement shall be administered in all
respects as if such provision were expressly set forth. The Company shall have the authority to delay the commencement of all or a part of the payments to Executive under Sections 3.1 or 3.2 if Executive is a “key employee” of the
Company (as determined by the Company in accordance with procedures established by the Company that are consistent with Section 409A) to a date which is six months after the date of Executive’s termination of employment (and on such date
the payments that would otherwise have been made during such six-month period shall be made), but only to the extent such delay is required under the provisions of Section 409A to avoid imposition of additional income and other taxes, provided
that the Company and Executive agree to take into account any transitional rules and exemption rules available under Section 409A. 
 3.5 Limitation on Benefits Upon Termination. 
 (a) Notwithstanding anything
in this Agreement to the contrary, any benefits payable or to be provided to Executive by the Company or its affiliates, whether pursuant to this Agreement or otherwise, which are treated as Severance Payments shall be modified or reduced in the
manner provided in (b) below to the extent necessary so that the benefits payable or to be provided to Executive under this Agreement that are treated as Severance Payments, as well as any payments or benefits provided outside of this Agreement
that are so treated, shall not cause the Company to have paid an Excess Severance Payment. In computing such amount, the parties shall take into account all provisions of Code Section 280G, and the regulations thereunder, including making
appropriate adjustments to such calculation for amounts established to be Reasonable Compensation. 

  
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 (b) In the event that the amount of any Severance Payments which would be payable to or for
the benefit of Executive under this Agreement must be modified or reduced to comply with this Section 3.5, Executive shall direct which Severance Payments are to be modified or reduced; provided, however, that no increase in the amount of any
payment or change in the timing of the payment shall be made without the consent of the Company. 
 (c) This Section 3.5
shall be interpreted so as to avoid the imposition of excise taxes on Executive under Section 4999 of the Code or the disallowance of a deduction to the Company pursuant to Section 280G(a) of the Code with respect to amounts payable under
this Agreement or otherwise. Notwithstanding the foregoing, in no event will any of the provisions of this Section 3.5 create, without the consent of Executive, an obligation on the part of Executive to refund any amount to the Company
following payment of such amount. 
 (d) In addition to the limits otherwise provided in this Section 3.5, to the extent
permitted by law, Executive may in his sole discretion elect to reduce any payments he may be eligible to receive under this Agreement to prevent the imposition of excise taxes on Executive under Section 4999 of the Code. 

(e) For purposes of this Section 3.5, the following definitions shall apply: 

(i) “Excess Severance Payment” - The term “Excess Severance Payment” shall have the same meaning as the term
“excess parachute payment” defined in Section 280G(b)(1) of the Code. 

  
 -11-

 (ii) “Severance Payment” - The term “Severance Payment” shall
have the same meaning as the term “parachute payment” defined in Section 280G(b)(2) of the Code. 
 (iii)
“Reasonable Compensation” - The term “Reasonable Compensation” shall have the same meaning as provided in Section 280G(b)(4) of the Code. The parties acknowledge and agree that, in the absence of a change in existing
legal authorities or the issuance of contrary authorities, amounts received by Executive as damages under or as a result of a breach of this Agreement shall be considered Reasonable Compensation. 

4. Confidentiality and Noncompetition. 
 (a) Executive acknowledges that, prior to and during the Term of this Agreement, the Company has furnished and will furnish to Executive Confidential Information which could be used by Executive on behalf
of a competitor of the Company to the Company’s substantial detriment. Moreover, the parties recognize that Executive during the course of his employment with the Company may develop important relationships with customers and others having
valuable business relationships with the Company. In view of the foregoing, Executive acknowledges and agrees that the restrictive covenants contained in this Section are reasonably necessary to protect the Company’s legitimate business
interests and good will. 
 (b) Executive agrees that he shall protect the Company’s Confidential Information and shall not
disclose to any Person, or otherwise use, except in connection with his duties performed in accordance with this Agreement, any Confidential Information at any time, 

  
 -12-

 
including following the termination of his employment with the Company for any reason; provided, however, that Executive may make disclosures required by a valid order or subpoena issued by a
court or administrative agency of competent jurisdiction, in which event Executive will promptly notify the Company of such order or subpoena to provide the Company an opportunity to protect its interests. Executive’s obligations under this
Section 4(b) shall survive any expiration or termination of this Agreement for any reason, provided that Executive may after such expiration or termination disclose Confidential Information with the prior written consent of the Board.

 (c) Upon the termination or expiration of his employment hereunder, Executive agrees to deliver promptly to the Company all
Company files, customer lists, management reports, memoranda, research, Company forms, financial data and reports and other documents supplied to or created by him in connection with his employment hereunder (including all copies of the foregoing)
in his possession or control, and all of the Company’s equipment and other materials in his possession or control. Executive’s obligations under this Section 4(c) shall survive any expiration or termination of this Agreement.

 (d) Upon the termination or expiration of his employment under this Agreement, Executive agrees that for a period of one
(1) year from his Date of Termination or until the end of the period for which he is entitled to receive compensation under Section 3.1 or 3.2 above, whichever is longer, he shall not (i) be employed by or provide services to any
company or business engaged in the design, manufacture, marketing or sale of any products similar to those produced or offered by the Company or its affiliates in the area of North America, either as an individual, partner or joint venturer, or as
an employee, agent or salesman, 

  
 -13-

 
or as an officer, director, or shareholder of a corporation, (ii) divert or attempt to divert any person, concern or entity which is furnished products or services by the Company from doing
business with the Company or otherwise change its relationship with the Company, or (iii) solicit, lure or attempt to hire away any of the employees of the Company with whom the Executive interacted directly or indirectly while employed with
the Company. 
 (e) Executive acknowledges that if he breaches or threatens to breach this Section 4, his actions may cause
irreparable harm and damage to the Company which could not be compensated in damages. Accordingly, if Executive breaches or threatens to breach this Section 4, the Company shall be entitled to seek injunctive relief, in addition to any other
rights or remedies of the Company. The existence of any claim or cause of action by Executive against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of
Executive’s agreement under this Section 4(e). 
 5. Definitions. For purposes of this Agreement the following
terms shall have the meanings specified below: 
 5.1 “Board” or “Board of Directors”. The Board of
Directors of Blount International, Inc. 
 5.2 “Cause”. The involuntary termination of Executive by the Company
for the following reasons shall constitute a termination for Cause: 
 (a) If the termination shall have been the result of an
act or acts by Executive which have been found in an applicable court of law to constitute a felony; 
 (b) If the termination
shall have been the result of an act or acts by Executive which are in the good faith judgment of the Chief Executive Officer (or his designee) to be in violation of law or of policies of the Company and which result in material damage to the
Company; 

  
 -14-

 (c) If the termination shall have been the result of an act or acts of proven dishonesty by
Executive resulting or intended to result directly or indirectly in significant gain or personal enrichment to the Executive at the expense of the Company; or 
 (d) Upon the willful and continued failure by the Executive substantially to perform his duties with the Company (other than any such failure resulting from incapacity due to mental or physical illness
not constituting a Disability, as defined herein), after a demand in writing for substantial performance is delivered by the Chief Executive Officer (or his designee), which demand specifically identifies the manner in which the Chief Executive
Officer (or his designee) believes that Executive has not substantially performed his duties. 
 With respect to clauses (b),
(c) or (d) above of this Section, Executive shall not be deemed to have been involuntarily terminated for Cause unless and until a notice is delivered to Executive by the Chief Executive Officer (or his designee) setting forth (i) the
conduct deemed to qualify as Cause, (ii) reasonable action that would remedy such objectionable conduct, and (iii) a reasonable time (not less than thirty days) within which Executive may take such remedial action, and Executive shall not
have taken such specified remedial action within such specified reasonable time. For purposes of this Agreement, no act or failure to act by Executive shall be deemed to be “willful” unless done or omitted to be done by Executive not in
good faith and without reasonable belief that Executive’s action or omission was in the best interests of the Company. 

  
 -15-

 5.3 “Change in Control”. For purposes of this Agreement, Change in Control
shall mean (a) the acquisition, directly or indirectly, by any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act, as amended), of securities of Blount International, Inc. representing an aggregate of more
than 50% of the combined voting power of Blount International, Inc.’s then outstanding securities (excluding acquisitions by persons who acquire such amount through inheritance); (b) during any period of two consecutive years, individuals
who at the beginning of such period constitute the Board, cease for any reason to constitute at least a majority thereof, unless the election of each new director was approved in advance by a vote of at least a majority of the directors then still
in office who were directors at the beginning of the period; (c) consummation of (i) a merger, consolidation or other business combination of Blount International, Inc. with any other “person” (as such term is used in Sections
13(d) and 14(d) of Exchange Act) or affiliate thereof, other than a merger, consolidation or business combination which would result in the outstanding common stock of Blount International, Inc. immediately prior thereto continuing to represent
(either by remaining outstanding or by being converted into common stock of the surviving entity or a parent or affiliate thereof) more than 50% of the outstanding common stock of Blount International, Inc. or such surviving entity or parent or
affiliate thereof, outstanding immediately after such merger, consolidation or business combination, or (ii) a plan of complete liquidation of Blount International, Inc. or an agreement for the sale or disposition by Blount International, Inc.
of all or substantially all of Blount International, Inc.’s assets; or (d) a sale of more than 50% of the assets of Blount International, Inc. 

  
 -16-

 5.4 “Code”. The Internal Revenue Code of 1986, as it may be amended from
time to time. 
 5.5 “Confidential Information”. All technical, business, and other information relating to the
business of the Company or its subsidiaries or affiliates, including, without limitation, technical or nontechnical data, formulae, compilations, programs, devices, methods, techniques, processes, financial data, financial plans, product plans, and
lists of actual or potential customers or suppliers, which (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other Persons, and (ii) is the subject
of efforts that are reasonable under the circumstances to maintain its secrecy or confidentiality. Such information and compilations of information shall be contractually subject to protection under this Agreement whether or not such information
constitutes a trade secret and is separately protectable at law or in equity as a trade secret. Confidential Information does not include confidential business information which does not constitute a trade secret under applicable law two years after
any expiration or termination of this Agreement. 
 5.6 “Disability” or “Disabled”.
Executive’s inability as a result of physical or mental incapacity to substantially perform Executive’s duties for the Company on a full-time basis for a period of six (6) consecutive months. 

5.7 “Good Reason”. A “Good Reason” for termination by Executive of Executive’s employment shall mean the
occurrence during the Term (without the Executive’s express written consent) of any one of the acts by the Company, or failures by the Company to act, set forth in (a) through (e) below, and satisfaction of the following conditions:
(i) Executive 

  
 -17-

 
provides notice to the Company of such Good Reason condition within 90 days of its initial existence, (ii) the Company is given 30 days to remedy the Good Reason condition and fails to do
so, and (iii) Executive terminates employment within one year of the initial existence of the Good Reason condition. For purposes of this Agreement, the Good Reason conditions are as follows 

(a) a material adverse change in the nature or status of Executive’s job responsibilities from those set forth in Section 1(a),
except in connection with (i) a job change of Executive that is necessitated by changes in the operation of the business; or (ii) a performance-related job change of Executive that the Company deems necessary to the operation of the
business; 
 (b) a material reduction by the Company in Executive’s Base Salary as in effect on the date hereof or as the
same may be increased from time to time, except in connection with (i) an across-the-board pay reduction for executives of similar status, or (ii) a change described in (a)(i) or (a)(ii) above; 

(c) a material reduction by the Company in the compensation and benefits provided in the aggregate to Executive on the date hereof under
the Company’s 401(k), deferred compensation, incentive compensation, life insurance, healthcare and accident or disability plans, or the taking of any action by the Company which would directly or indirectly materially reduce any of such
compensation or benefits, except in connection with (i) an across-the-board reduction that impacts executives at Executive’s level generally, or (ii) a change described in (a)(i) or (a)(ii) above; 

  
 -18-

 (d) the failure by the Company to obtain a successor’s consent to be bound by the
Agreement as provided in Section 8.1; or 
 (e) any purported termination of Executive’s employment which is not
effected pursuant to a Notice of Termination satisfying the requirements of Section 6 (for purposes of this Agreement, no such purported termination shall be effective). 
 The Executive’s right to terminate the Executive’s employment for Good Reason shall not be affected by the Executive’s incapacity due to physical or mental illness. Unless otherwise agreed
to by Executive, the Executive’s continued employment shall not constitute consent to, or a waiver of rights with respect to, any act or failure to act constituting Good Reason hereunder. 

5.8 “Person”. Any individual, corporation, bank, partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or other entity. 
 5.9 “Present Value”. The term “Present Value” on any
particular date shall have the same meaning as provided in 
 Section 280G(d)(4) of the Code. 

6. Termination Procedures. During the Term of this Agreement, any purported termination of Executive’s employment (other than
by reason of death) shall be communicated by written Notice of Termination from one party hereto to the other party hereto in accordance with Section 10. A Notice of Termination for Cause is required to include the information set forth in
Section 5.2. “Date of Termination,” with respect to any purported termination of Executive’s employment during the Term of this Agreement, shall mean (i) if Executive’s employment is terminated by his death, the date of
his death, (ii) if Executive’s employment is terminated for Disability, thirty (30) days after Notice of Termination is given (provided that 

  
 -19-

 
Executive shall not have returned to the full-time performance of Executive’s duties during such thirty (30) day period), and (iii) if Executive’s employment is terminated for
any other reason, the date specified in the Notice of Termination (which, in the case of a termination by the Company, shall not be less than thirty (30) days, except in the case of a termination for Cause; and in the case of a termination by
the Executive, shall not be less than thirty (30) days nor more than sixty (60) days, respectively, from the date such Notice of Termination is given). 
 7. Contract Non-Assignable. The parties acknowledge that this Agreement has been entered into due to, among other things, the special skills of Executive, and agree that this Agreement may not be
assigned or transferred by Executive, in whole or in part, without the prior written consent of the Company. 
 8.
Successors; Binding Agreement. 
 8.1 In addition to any obligations imposed by law upon any successor to, or transferor
of, the Company, the Company will require any successor to, or transferor of, all or substantially all of the business and/or assets of the Company or stock of the Company (whether direct or indirect, by purchase, merger, reorganization,
liquidation, consolidation or otherwise) to expressly assume and agree to perform this Agreement, in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the
Company to obtain such assumption and agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall constitute the basis for Executive to terminate the Executive’s employment for Good Reason during
the 90-day period after such succession and to receive the compensation and benefits provided in Section 3.1 above. 

  
 -20-

 8.2 This Agreement shall inure to the benefit of and be enforceable by Executive’s
personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees and by the Company’s successors and assigns. If Executive shall die while any amount would still be payable to Executive
hereunder (other than amounts which, by their terms, terminate upon the death of Executive) if Executive had continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the
executors, personal representatives or administrators of Executive’s estate. 
 9. Other Agents. Nothing in this
Agreement is to be interpreted as limiting the Company from employing other personnel on such terms and conditions as may be satisfactory to the Company. 
 10. Notices. All notices, requests, demands and other communications required or permitted hereunder shall be in writing and shall be deemed to have been duly given if delivered or seven days after
mailing if mailed, first class, certified mail, postage prepaid: 
  

			
	To the Company:	 	 Blount International, Inc.

		 	 P.O. Box 22127

		 	 Portland, Oregon 97269-2127

		 	 ATTN: Chief Executive Officer

		
		 	 With a copy to: General Counsel

		 	 Blount International, Inc.

		 	 P.O. Box 22127

		 	 Portland, Oregon 97269-2127

		
	To the Executive:	 	 Calvin E. Jenness

		 	 [Address Removed]

  
 -21-

 Any party may change the address to which notices, requests, demands and other communications shall be
delivered or mailed by giving notice thereof to the other party in the same manner provided herein. 
 11. Provisions
Severable. If any provision or covenant, or any part thereof, of this Agreement should be held by any court to be invalid, illegal or unenforceable, either in whole or in part, such invalidity, illegality or unenforceability shall not affect the
validity, legality or enforceability of the remaining provisions or covenants, or any part thereof, of this Agreement, all of which shall remain in full force and effect. 
 12. Waiver. Failure of either party to insist, in one or more instances, on performance by the other in strict accordance with the terms and conditions of this Agreement shall not be deemed a
waiver or relinquishment of any right granted in this Agreement or the future performance of any such term or condition or of any other term or condition of this Agreement, unless such waiver is contained in a writing signed by the party making the
waiver. 
 13. Indemnification. During the Term of this Agreement and after Executive’s termination, the Company
shall indemnify Executive and hold Executive harmless from and against any claim, loss or cause of action arising from or out of Executive’s performance as an officer, director or employee of the Company or any of its subsidiaries or other
affiliates or in any other capacity, including any fiduciary capacity, in which Executive serves at the Company’s request, in each case to the maximum extent permitted by law and under the

  
 -22-

 
Company’s Articles of Incorporation and By-Laws (the “Governing Documents”), provided that in no event shall the protection afforded to Executive hereunder be less than that
afforded under the Governing Documents as in effect on the date of this Agreement except for changes mandated by law. During the Term and after Executive’s termination, Executive shall be covered in accordance with the terms of any policy of
directors and officers liability insurance maintained by the Company for the benefit of its officers and directors. 
 14.
Amendments and Modifications. This Agreement may be amended or modified only by a writing signed by both parties hereto. 

15. Governing Law. The validity and effect of this Agreement shall be governed by and construed and enforced in accordance with
the laws of the State of Delaware. 
 16. Arbitration of Disputes; Expenses. All claims by Executive for compensation and
benefits under this Agreement shall be directed to and determined by the Board and shall be in writing. Any denial by the Board of a claim for benefits under this Agreement shall be delivered to Executive in writing and shall set forth the specific
reasons for the denial and the specific provisions of this Agreement relied upon. The Board shall afford a reasonable opportunity to Executive for a review of a decision denying a claim and shall further allow Executive to appeal to the Board a
decision of the Board within sixty (60) days after notification by the Board that Executive’s claim has been denied. Unless prohibited by applicable law, any further dispute or controversy arising under or in connection with this Agreement
shall be settled exclusively by arbitration in a location selected at the discretion of the Company (which shall not be unreasonable, taking into account the business location at which Executive is employed), and shall proceed in accordance with the
employment arbitration rules of the American Arbitration 

  
 -23-

 
Association then in effect. To the extent administratively practical, the Company and Executive agree to select an arbitrator who is an attorney with experience in employment law disputes.
Judgment may be entered on the arbitrator’s award in any court having jurisdiction. In the event the Executive incurs legal fees and other expenses in seeking to obtain or to enforce any rights or benefits provided by this Agreement and is
successful, in whole or in part, in obtaining or enforcing any material rights or benefits through settlement, arbitration or otherwise, the Company shall promptly pay a portion, which reflects the extent to which Executive has been successful in
enforcing such material rights or benefits, of Executive’s reasonable legal fees and expenses incurred in enforcing this Agreement and the fees of the arbitrator. Except to the extent provided in the preceding sentence, each party shall pay its
own legal fees and other expenses associated with any dispute. Notwithstanding the other provisions of this Section 16, any legal fees and expenses payable to Executive pursuant to this Section 16 shall be paid no later than the end of the
calendar year following the calendar year in which the fees and expenses are incurred. 
 [REMAINDER OF THIS PAGE INTENTIONALLY
LEFT BLANK] 

  
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 IN WITNESS WHEREOF, the parties have executed this Amended and Restated Employment Agreement
as of the day and year first above written. 
  

			
	 EXECUTIVE:
  

	 /s/ Calvin E. Jenness

	CALVIN E. JENNESS
	
	COMPANY:
	BLOUNT INTERNATIONAL, INC.
		
	 By:
	 	 /s/ Richard H. Irving, III

		 	Name: RICHARD H. IRVING, III
		 	Title: Senior Vice President

  
 -25-

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