Document:

Exhibit_10.6_SechristSwissEmploymentContract

	
			
	 
	 
	Employment Contract                     Exhibit 10.6

	 
	 
	 

	dated
	 
	September 12, 2014

	 
	 
	 

	between
	 
	EH Europe GmbH

	 
	 
	Löwenstrasse 32

	 
	 
	CH-8001 Zürich

	 
	 
	Switzerland

	 
	 
	hereinafter: "Employer"

	 
	 
	 

	and
	 
	Todd Sechrist

	 
	 
	<Address>

	 
	 
	<City, State  Zip Code>

	 
	 
	hereinafter: "Executive"

	 
	 
	 

* * * * *
Recitals
Executive has been working for EnerSys  as President -Americas since 2012. Executive will now take on the position of President EnerSys  EMEA. In this function, Executive will be formally employed by Employer, and the purpose of this employment contract is to formalize the terms and conditions of such employment relationship.
		
	1
	Function, Scope of Employment and Duties

Executive is employed for the position and function of the Managing Director (Vorsitzender der Geschäftsführung) of Employer. In this position, Executive will also assume responsibility for EnerSys' operations in Europe, the Middle East and Africa (EnerSys EMEA). Executive's functional title shall be "President EnerSys EMEA". 
Executive shall take on all the duties and obligations that are commensurate with the position of President EnerSys EMEA and shall directly report to the President and Chief Operating Officer of EnerSys. He shall carefully perform the work within his responsibility and devote all of his efforts and time to work for Employer. He shall spend the time which is required for the careful performance of his duties and obligations without being restricted by regular business working hours.
		
	2
	Start of Work, Employment Term

The employment relationship under this employment contract shall start on 1 November 2014. The statutory notice periods apply. There is no probation period.

        

		
	3
	Remuneration

3.1    Base Salary
Executive shall be entitled to a fixed gross salary of USD 400,000 (in words: US Dollars four hundred thousand) per year (the "Base Salary"), from which shall be deducted Executive's contributions to the social insurances and pension plans under applicable Swiss laws and regulations and the relevant pension plans. The Base Salary will be paid to Executive in twelve identical installments at the end of each calendar month.
The Base Salary includes the full remuneration for any extra hours necessary for the carrying out of the duties and obligations of Executive's position and function as defined in Section 1.
3.2    Other Payments and Benefits
Any additional payments and benefits to which Executive may be entitled as President EnerSys EMEA are defined in, and governed by, the Letter Agreement between Executive and EnerSys.
4    Vacation
Executive shall be entitled to 20 (in words: twenty) working days as paid vacation per calendar year, to be taken at times to be determined in agreement with Employer. 
5    Social Security, Pension and Insurance
Employer will insure Executive with Swiss social security and insurance (occupational and non-occupational accident) institutions and pension funds, if and to the extent as mandatorily required by Swiss law and applicable treaties.
6    Intellectual Property Rights
All computer-programs, inventions, designs, creations, data, findings, works, methods, documents and the like which Executive solely or jointly with others, makes, conceives or contributes to during his activities under his employment contract (collectively the "Work Results") belong exclusively to Employer, regardless of whether or not they are protected under applicable laws and regulations. To the extent the rights in any Work Results do not already vest in Employer by virtue of Art. 332 para. 1 of the Swiss Code of Obligations ("CO") or Art. 17 of the Swiss Copyright Act, Executive hereby assigns and transfers any and all rights to and in connection with the Work Results to Employer. Employer is free to exploit, change, modify and use the Work Results at its own discretion without referring to Executive as the creator or author of the Work Results. Subject only to Art. 332 para. 4 CO, Executive is not entitled to any additional remuneration for the Work Results and the assignment of his rights therein.
7    Prohibition to Compete and to Solicit
Due to the fact that in his function Executive has access to the clientele and to the manufacturing and business secrets of Employer and EnerSys, Executive undertakes, during his employment relationship with Employer and for a period of 1 (one) year after its termination (regardless of whether such termination occurs during or after the Term), not to directly or indirectly, and whether as principal or investor or as employee, officer, director, manager, partner, consultant, agent, or otherwise, alone or in association with 

any other person, firm, corporation, or other business organization, become involved in a Competing Business (as defined below) in the Americas, Europe or Asia, or in any geographic area in which Employer or EnerSys or any of their affiliated companies has engaged during the 12 (twelve) months immediately preceding the date of termination of this employment contract in any of the activities that comprise a Competing Business, or in which Executive has knowledge of Employer’s or the EnerSys' plans to engage in any of the activities that comprise a Competing Business (including, without limitation, any area in which any customer of Employer or EnerSys or any of their affiliated companies may be located).  This Section 7 para. 1 will not be violated, however, by your investment of up to USD 100,000 in the aggregate in one or several publicly-traded companies that engage in a Competing Business.
Executive further undertakes, for a period of one year after the termination of his employment with Employer (regardless of whether such termination occurs during or after the Term), that he will not, for the purpose of conducting or engaging in a Competing Business, (i) call upon, solicit, advise, or otherwise do or attempt to do, business with any person or company who is, or was, during the most recent 12‐month period, a customer of Employer or EnerSys or any of their affiliated companies, (ii) take away or interfere or attempt to take away or interfere with any custom, trade, business, patronage, or affairs of Employer or EnerSys or any of their affiliated companies, (iii) hire or attempt to hire any person who is, or was during the most recent 12‐month period an employee, officer, representative or agent of Employer or EnerSys or any of their affiliated companies, or (iv) solicit, induce, or attempt to solicit or induce any person who is an employee, officer, representative or agent of Employer or EnerSys or any of their affiliated companies to leave the employ of Employer or EnerSys or any of their affiliated companies, or violate the terms of their contract, or any other employment agreement, with it.
For the purposes of this Section 7, "Competing Business"  means a business or enterprise (other than EnerSys and its direct or indirect subsidiaries and other affiliates) that is engaged in any or all of the following activities:  the design, development, manufacture, importing, distribution, marketing or sale of (a) motive power batteries and chargers (including, without limitation, batteries and chargers for industrial forklift trucks and other materials handling equipment). (b) stationary batteries and chargers (including, without limitation, standby batteries and power supply equipment for wireless and wireline telecommunications applications, such as central telephone exchanges, microwave relay stations, and switchgear and other instrumentation control systems); and/or (c) any other product of any kind or type which EnerSys or any of its affiliates (i) now makes or (ii) hereafter makes or researches or develops at any time during the Executive's employment hereunder or with EnerSys, such as, for example, lithium‐ion, nickel‐zinc cells or batteries, enclosures or lithium products such as those used in space or medical applications.  "Competing Business" also includes the design, engineering, installation or service of stationary and DC power systems, and any consulting and/or turnkey services relating thereto.
If Executive breaches his obligations in this Section 7, Employer has the right to ask for an injunction restraining Executive to start or continue activities which are contrary to his non-competition and non-solicitation obligations and, in particular, to force Executive to abandon the new occupation in accordance with the principles set out in Art. 340b para. 3 CO.
8    Data  Protection
Executive acknowledges that Employer holds personal information about him, including details of his name, address, salary and other benefits, work records and next of kin information for administrative purposes in connection with his employment. Executive understands that this information may be made available to other companies within the EnerSys' group of companies. By signing this employment contract, Executive expressly consents to the collection and use of such information in accordance with this Section.

9    Applicable Law, Jurisdiction
This Agreement shall be governed by Swiss Law.
Any disputes arising out of this Agreement shall be submitted to the courts at the domicile or seat of the defendant or at the place where Executive usually carries out his work.
Signatures
	
		
	 
	 

	Reading, PA, USA this 12th day of    September 2014
	 

	 
	 

	EH Europe GmbH

	 
	 

	/s/ Richard W. Zuidema   
	 

	Name: Richard W. Zuidema 
Title: Director
	 

	 
	 

	Reading, PA, USA, this 12th day of   September 2014
	 

	 

	 
	 

	/s/ Todd M. Sechrist      
	 

	Todd SechristExhibit_10.7_US_EmploymentlettertoToddSechrist

Exhibit 10.7
September 12, 2014

Todd Sechrist
<Address>
<City, State  Zip Code>

Re:  Appointment as President EMEA
Dear Todd: 
We are pleased to offer you (“Employee”) the position of Managing Director of EH Europe GmbH (“Employer”) and President EnerSys EMEA (collectively, “the Positions”).  Your employment in the Positions will be at-will, and will be subject to the terms and conditions of this Letter Agreement and a separate employment contract between you and Employer, which contains provisions required by Swiss law (“the Employment Contract”).
1.  Duties.
(a)    You will have such duties and responsibilities that are commensurate with the Positions, as determined from time to time by the President and Chief Operating Officer of EnerSys (“the Company”).  These duties and responsibilities will include overall and daily management and direction of Employer’s and the Company’s operations in Europe, the Middle East, and Africa.  You will report directly to the Company’s President and Chief Operating Officer.  You also may be assigned duties from time-to-time that are not related to operations in Europe, the Middle East or Africa.
(b)    Your employment in the Positions will commence on November 1, 2014 or as soon as all appropriate legal work approvals are obtained in 

Todd Sechrist
September 12, 2014
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Switzerland. This temporary assignment to Switzerland is limited for a maximum term of three years and will expire October 31, 2017. (The period of time you are employed as in the Positions will be referred to in this Letter Agreement as “the Term.”) 
2.    Compensation and Benefits.
             During the Term, you will be entitled to the following compensation and benefits:
(a)    Salary.  You will be paid salary at the rate of $400,000.00 per annum, payable in accordance with the Company’s standard payroll practices for salaried employees (“Base Salary”).  
(b)    COLA.  You will receive a cost of living supplement in the amount of CHF 55,000 per annum, which will be paid in 12 equal monthly payments.  
(c)    MIP.  You will participate in the then‐current EnerSys Management Incentive Plan.
(d)    Car Allowance.  The Company will lease a car for Employee in an amount not to exceed CHF 1,800  per month. It is understood that the car being leased for Employee  is the car previously leased for the prior President EMEA.  Such lease agreement will be in compliance with all Company car polices.
(e)    Housing.  The Company will lease housing for the Employee, subject to such lease and its terms being approved by the Company’s Vice President of Human Resources, in an amount not to exceed CHF 8,500 per month.  
(f)    Tax Return Preparation and Tax Equalization.  The Company will pay GTN to prepare all U.S. and Swiss tax returns for you. In conjunction with the preparation of your tax returns, GTN will also provide tax equalization and reconciliation calculations, and the Company will reimburse you for any amounts to which you are entitled based on the reconciliation of any applicable tax equalization adjustments which the Company deems necessary, in accordance with the Company’s customary practices, procedures and policies.

Todd Sechrist
September 12, 2014
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(g)    Airline Reimbursement.  The Company will reimburse you for the cost of a total of four roundtrip, business class airline tickets during each of calendar year for travel between the United States and Switzerland to be used for you, your wife or daughter.
(h)    Health Insurance.  You will be provided with health insurance comparable to that which is currently provided to you.
(i)    Vacation.  You will be entitled to 20 days paid vacation per year and all Swiss “Bank” holidays.
3.    Termination Payment.  Employer will seek to obtain the approval of the Company’s Compensation Committee for continued payment of Employee’s base salary for one year after the effective date of termination without “Cause” (as that term is defined in paragraph 8).  If approved by the Compensation Committee  such payments shall be subject to the terms and conditions set by the Compensation Committee, including but not limited to, the Employee executing a general release in favor of the Company.

4.    Post‐Termination Covenants.
(a)    Non‐Competition.  In consideration for the salary, payments, and welfare and other benefits provided in this Letter Agreement, you agree that, for one year following the termination of your employment with the Company (regardless of whether such termination occurs during or after the Term), you will not, without the prior written consent of the Company, directly or indirectly, and whether as principal or investor or as employee, officer, director, manager, partner, consultant, agent, or otherwise, alone or in association with any other person, firm, corporation, or other business organization, become involved in a Competing Business (as defined below) in the Americas, Europe or Asia, or in any geographic area in which Employer or the Company or any of their subsidiaries has engaged during the 12 months immediately preceding your termination date in any of the activities that comprise a Competing Business, or in which you have knowledge of Employer’s or the Company’s plans to engage in any of the activities that 

Todd Sechrist
September 12, 2014
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comprise a Competing Business (including, without limitation, any area in which any customer of the Company or any of its subsidiaries may be located).  This Section 3(a) will not be violated, however, by your investment of up to $100,000 in the aggregate in one or several publicly-traded companies that engage in a competing business.
(b)    Wrongful Solicitation.  You agree that for one year after the termination of your employment with the Company (regardless of whether such termination occurs during or after the Term), you will not, for the purpose of conducting or engaging in a Competing Business, (i) call upon, solicit, advise, or otherwise do or attempt to do, business with any person or company who is, or was, during the most recent 12‐month period, a customer of Employer or the Company or any of its affiliated companies, (ii) take away or interfere or attempt to take away or interfere with any custom, trade, business, patronage, or affairs of Employer or the Company or any of their affiliated companies, (iii) hire or attempt to hire any person who is, or was during the most recent 12‐month period an employee, officer, representative or agent of Employer or the Company or any of their affiliated companies, or (iv) solicit, induce, or attempt to solicit or induce any person who is an employee, officer, representative or agent of Employer or the Company or any of its affiliated companies to leave the employ of Employer or the Company or any of their affiliated companies, or violate the terms of their contract, or any other employment agreement, with it.-
(c)    Competing Business. For the purposes of this Letter Agreement, “Competing Business”  means a business or enterprise (other than the Company and its direct or indirect subsidiaries and other Affiliates) that is engaged in any or all of the following activities:  the design, development, manufacture, importing, distribution, marketing or sale of (a) motive power batteries and chargers (including, without limitation, batteries and chargers for industrial forklift trucks and other materials handling equipment) (b) stationary batteries and chargers (including, without limitation, standby batteries and power supply equipment for wireless and wireline telecommunications applications, such as central telephone exchanges, microwave relay stations, and switchgear and other instrumentation control systems); and/or (c) any other product of any kind or type which the Company or any of its Affiliates (i) now 

Todd Sechrist
September 12, 2014
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makes or (ii) hereafter makes or researches or develops at any time during the Employment Term, such as, for example, lithium‐ion or nickel‐zinc cells or batteries, enclosures or lithium products such as those used in space or medical applications.  “Competing Business” also includes the design, engineering, installation or service of stationary and DC power systems, and any consulting and/or turnkey services relating thereto. 
5.    Remedies.  You acknowledge that you have carefully read and considered all the terms and conditions of this Letter Agreement, including the restraints imposed upon you pursuant to Section 4.  You agree that these restraints are necessary for the reasonable and proper protection of Employer and the Company and their successors and assigns and that each of the restraints is reasonable in respect to subject matter, length of time and geographic area.  You further acknowledge that, were you to breach any of the covenants contained in Section 4, the damage to Employer and the Company would be irreparable.  You therefore agree that Employer and the Company, in addition to any other remedies available to it, shall be entitled to preliminary and permanent injunctive relief against any breach or threatened breach by you of any of the covenants herein.  You further agree that, in the event that any provision of Section 4, shall be determined by any court of competent jurisdiction to be unenforceable by reason of its being extended over too great a time, too large a geographic area or too great a range of activities, such provision shall be deemed to be modified to permit its enforcement to the maximum extent permitted by law.
6.    Governing Law.  This Letter Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania with out regard to its law or conflict of laws.
7.    Venue.  You agree that any action brought to enforce this Letter Agreement or to test the enforceability of any of its provisions, shall be brought exclusively in either the United States District Court for the Eastern District of Pennsylvania or the Court of Common Pleas of Berks County.  You hereby voluntarily consent to personal jurisdiction in the Commonwealth of Pennsylvania and waive any right you may otherwise have to contest the assertion of jurisdiction over you in Pennsylvania.

Todd Sechrist
September 12, 2014
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8.    Travel Reimbursement in the Event of Termination. In the event the Employee’s employment with the Company is terminated without “Cause” (as defined below) Company will reimburse Employee for pre-approved documented reasonable costs of relocating him and his family and the entire reasonable personal effects to a single location in the United States, but only if such costs are incurred within nine months after the date of termination and only to the extent that another company does not directly or indirectly bear such relocation costs on Employee’s behalf. In the event the Employee’s employment is terminated by the Company for “Cause” all such expenses shall be borne by the Employee.  “Cause” means any of the following:
		
	a.
	Any act or omission which constitutes a breach of any of Employee’s  obligations under this Letter Agreement or Employee’s Swiss Employment Contract or any other agreement;

		
	b.
	Any willful violation by Employee of any law, rule or regulation applicable to the business of the Company or any of its subsidiaries or affiliates;   

		
	c.
	commission of any felony or other crime involving moral turpitude;

		
	d.
	knowing and intentional fraud;

		
	e.
	any act or omission that is materially injurious to the financial condition or business reputation of, or is otherwise materially injurious to, Company or any other subsidiary or affiliate of EnerSys, unless Employee believed in good faith that he was acting in the best interest of Company and EnerSys; and/or

		
	f.
	willful and continued failure or refusal of Employee to substantially perform the duties required of him or performance significantly below the level required or expected of the Employee.

9.    Reimbursement of United States Home Expenses. Company will reimburse Employee the pre-approved reasonable documented expenses for the mowing of 

Todd Sechrist
September 12, 2014
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the grass and the plowing of the driveway of Employee’s United States Home during the Term of this Agreement.    
10.    Entire Agreement and Amendment.  This Letter Agreement contains the entire understanding and agreement between you and Employer and the Company with respect to your employment as in the Positions, except the Employment Contract.  This Letter Agreement supersedes any previous oral and written negotiations, agreements, commitments and writings, except that the “Noncompetition”, “Wrongful Solicitation” and “Confidentiality/Specific Performance” sections in the EnerSys 2004 Equity Incentive Plan, the EnerSys 2006 Equity Incentive Plan, the EnerSys 2010 Equity Incentive Plan and the Severance Agreement dated June 7, 2013 and the Indemnification Agreement dated July 21, 2014  shall survive the execution of this Letter Agreement.  This Letter Agreement does not supersede the Employment Contract.  However, in the event of a conflict between any of the terms of the Employment Contract and this Letter Agreement, the conflicting terms of this Letter Agreement will govern, except as required by Swiss law.  This Letter Agreement may not be modified in any manner, except by an instrument in writing and signed by a duly authorized representative of both parties.  This Letter Agreement is for the benefit of and is binding upon you and your heirs, administrators, representatives, executors, successors, beneficiaries and assigns.
INTENDING TO BE LEGALLY BOUND, you and the Company agree to and sign this Letter Agreement on this 12th day of September, 2014  
ENERSYS
By: /s/ Richard W. Zuidema _        
                                                Richard W. Zuidema
                            Executive Vice President
/s/ Todd M. Sechrist            
Todd Sechrist

Witness: /a/ A.K. Wissmann

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