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                                                                   EXHIBIT 10.23

                                   UNOVA, INC.

                          CERTIFICATION OF RESOLUTIONS
                            OF THE BOARD OF DIRECTORS

        I, Virginia S. Young, duly elected Vice President and Secretary of
UNOVA, INC., a corporation organized and existing under the laws of the State of
Delaware, do hereby certify and say that the following is a true and correct
copy of the resolution duly adopted by the Board of Directors of said
corporation at a meeting of said Board held on July 11, 2000, in the City of Los
Angeles, State of California, and that said resolution, not having been
modified, amended, revoked, set aside, or rescinded, remains in full force and
effect as of the date hereof:

        WHEREAS, this Board of Directors has adopted the UNOVA, Inc. Executive
        Severance Plan as previously amended on November 18, 1999; and

        WHEREAS, this Board of Directors deems it desirable that such Plan be
        further amended in the following respect;

        NOW, THEREFORE, BE IT RESOLVED, that Article II, clause (z), of the
        Executive Severance Plan, which comprises the definition of the term
        "Target Annual Bonus," be revised to read in its entirety as follows:

             "(z)  Target Annual Bonus.  The "Target Bonus" as that term is
           defined in the UNOVA, Inc. Management Incentive Compensation Plan as
           applicable to the Participant at the time of any relevant
           computation."

        IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
seal of said Corporation at Woodland Hills, California, this 25th day of July,
2000.

                                             By /s/  Virginia Young
                                                --------------------------------
                                             Virginia S. Young
                                             Vice President and Secretary
[SEAL]<PAGE>   1

                                                                   EXHIBIT 10.31

                             AGREEMENT OF AMENDMENT

        This Agreement of Amendment (this "Amendment") is made this 22nd day of
June, 2000, between UNOVA, Inc., a Delaware corporation (the "Company"), and
Larry D. Brady (the "Executive").

        WHEREAS, the Company has previously executed and delivered a letter (the
"Employment Offer") dated June 16, 1999, setting forth an offer to employ the
Executive and outlining certain terms and conditions of the Executive's proposed
employment, and the Executive agreed to accept employment in accordance with the
Employment Offer;

        WHEREAS, the Executive commenced employment with the Company as its
President and Chief Operating Officer on August 2, 1999; and

        WHEREAS, the Executive and the Company desire to amend the Employment
Offer in the manner set forth herein;

        NOW THEREFORE, in consideration of the premises and other good and
valuable consideration, the Company and the Executive hereby agree as follows:

        1. The section of the Employment Offer following the caption "SPECIAL
SEVERANCE BENEFITS" is hereby amended so that such section shall read in its
entirety as follows:

        SPECIAL SEVERANCE BENEFITS: It is contemplated that after you have
        served for a period of time as President and Chief Operating Officer of
        UNOVA, you shall become Chief Executive Officer of UNOVA. If for any
        reason, except a termination for cause, you do not become designated the
        Chief Executive Officer of UNOVA on or before March 1, 2001, then either
        you or the Company, upon written notice given to the other party during
        the period from March 1, 2001, to and including March 31, 2001, shall
        have the option to terminate your employment with UNOVA. In the event
        this option to terminate your employment is exercised by either party,
        you shall receive the following benefits on the date of termination of
        your employment.

        1.     The Restricted Stock awarded to you, as a replacement for the
               unvested FMC Restricted Stock, shall be immediately vested.
               However, the Company, in lieu thereof, reserves the right to pay
               you in cash an amount equal to the fair market value of the
               Company's Restricted Stock which you hold on the date such stock
               becomes vested.

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        2.     A further cash payment equal to $2,500,000.00.

               In return for these additional benefits, prior to termination of
               your employment (if effected by the Company), you shall furnish
               the Company a waiver, in form and substance satisfactory to the
               Company, of all claims against the Company which you have or may
               have as a result of such termination of employment with the
               Company.

               If you are elected, appointed, or otherwise designated as the
               Chief Executive Officer of the Company on or prior to March 1,
               2001 (regardless of whether or not you choose to accept the
               position of Chief Executive Officer), these special termination
               benefits will not be provided to you and shall be of no further
               force or effect.

        2. Except as specifically amended hereby, each and every term of the
Employment Offer is hereby ratified and confirmed and shall remain in full force
and effect.

        3. This Amendment shall be deemed effective for all purposes on and as
of the date hereof.

        IN WITNESS WHEREOF, this Agreement is executed by the Executive and the
Company acting through its duly authorized officer as of the day and year first
herein written.

                                            UNOVA, INC.

                                            By:  /s/ Virginia S. Young
                                                 -------------------------------

                                                 /s/ Larry D. Brady
                                                 -------------------------------
                                                     Larry D. Brady

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                                                                   EXHIBIT 10.33

                               AMENDMENT NO. 1 TO
                           RESTRICTED STOCK AGREEMENT

        This Amendment No. 1 to Restricted Stock Agreement (this "Amendment") is
made this 22nd day of June, 2000, between UNOVA, Inc., a Delaware corporation
(the "Company"), and Larry D. Brady (the "Grantee").

        WHEREAS, the Company and the Grantee have previously entered into a
certain Restricted Stock Agreement (the "Agreement") dated August 2, 1999,
pursuant to which the Grantee was awarded 109,585 shares of the Company's Common
Stock subject to the restrictions upon transfer set forth in the Agreement
("Restricted Stock"); and

        WHEREAS, the Company and the Grantee desire to amend the Agreement in
the manner set forth herein;

        NOW THEREFORE, in consideration of the mutual benefits to be derived
herefrom and other good and valuable consideration, the Company and the Grantee
hereby agree as follows:

        1. The second sentence of Section 5 of the Agreement is hereby amended
so that such sentence shall read in its entirety as follows:

        With respect to 36,528 of such shares, the Restriction Period shall
        expire on the first anniversary of the date of this Agreement; with
        respect to 36,528 of such shares, the Restriction Period shall expire on
        the second anniversary of the date of this Agreement; and with respect
        to 36,529 of such shares, the Restriction Period shall terminate on the
        third anniversary of the date of this Agreement.

        2. Section 7 of the Agreement is hereby amended so that the second
paragraph and the first sentence of the third paragraph of such Section 7 shall
read in their entirety as follows:

               For purposes of this Agreement, a Special Severance of the
        Grantee shall mean the Grantee's Termination of Employment under the
        following circumstances: (i) the Grantee shall have served as President
        and Chief Operating Officer of the Company continuously from the date
        hereof until March 1, 2001, unless the Grantee shall theretofore have
        assumed another position with the Company; (ii) on or before March 1,
        2001, the Grantee (if not therefore elected, appointed, or otherwise
        designated Chief Executive Officer of the Company) shall fail to be
        elected, appointed, or otherwise designated Chief Executive Officer of
        the Company (regardless of whether or not the Grantee chooses to accept
        the

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        position of Chief Executive Officer); and (iii) within the period
        beginning March 1, 2001, to and including March 31, 2001, either the
        Company or the Grantee shall have given the other party written notice
        of such party's intention that the employment of the Grantee by the
        Company shall terminate.

               Notwithstanding the foregoing, a Special Severance of the Grantee
        will not be deemed to have occurred if, at any time prior to March 1,
        2001, the Grantee's employment shall have been terminated for Cause.

        3. Except as specifically hereby amended, each and every term of the
Agreement is hereby ratified and confirmed and shall remain in full force and
effect.

        4. This Amendment shall be deemed effective for all purposes on and as
of the date hereof.

        5. This Amendment shall be governed by the laws of the state of Delaware
without reference to principles of conflicts of law.

        IN WITNESS WHEREOF, this Amendment is executed by the Grantee and by the
Company through its duly authorized officer as of the day and year first herein
written.

                                            UNOVA, INC.

                                            By: /s/ Virginia S. Young
                                                --------------------------------

                                                /s/ Larry D. Brady
                                                --------------------------------
                                                    Larry D. Brady

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