Document:

Amendment Agreement DiSantis

    EXHIBIT
      10.2

    

      AMENDMENT
        TO AGREEMENTS

      

      

      THIS
        AMENDMENT TO AGREEMENTS (the
        “Amendment”) is made and entered into as of this 10th
        day of
        November, 2006, by and between HAWK
        CORPORATION, a
        Delaware corporation which maintains a place of business at 200 Public Square,
        Suite 1500, Cleveland Ohio 44114 (hereinafter referred to as “Hawk”),
WELLMAN
        PRODUCTS GROUP, INC., an
        Ohio
        corporation which maintains a place of business at 200 Public Square, Suite
        1500, Cleveland Ohio 44114 (hereinafter referred to as “Employer”), and
B.
        CHRISTOPHER DISANTIS,
        an
        individual who resides at 8059 Long Forest Drive, Brecksville, Ohio 44141
        (hereinafter referred to as “Employee”).

      

      R
        E C I T A L S :

      

      A. Hawk
        is
        the parent company of Employer.

      

      B. Employer
        and Employee are parties to a certain employment agreement dated as of August
        14, 2006 (the “Agreement”). They now desire to change certain provisions of the
        Agreement, as hereinafter set forth.

      

      B. Employee
        is a “Covered Employee” under one or more plans (collectively, the “Plans”)
        pursuant to which Hawk has awarded to Employee options to purchase shares
        of the
        common stock, $.01 par value, of Employer (“Shares”).

      

      C. Employee
        is an “Optionee” pursuant to the terms of one or more incentive stock option
        agreements and/or award agreements between Hawk and Employer which further
        define Employee’s rights and obligations in connection with awards of Shares
        (collectively, the “Option Agreements”).

      

      D. The
        parties now desire to amend the Agreement and the Option Agreements as
        hereinafter set forth.

       

      ACCORDINGLY,
        in
        consideration of the promises hereinafter set forth in this Agreement and
        in the
        Control Agreement, the parties agree as follows:

      

      1. Changes
        to Section 5 of the Agreement.
        Employer
        and Employee hereby agree that Section 5 of the Agreement is hereby amended
        as
        follows:

      

      1. Section
        5(b) is deleted from the Agreement in its entirety and is replaced by the
        following new Section 5(b):

      

      (b) Subject
        to the terms of subparagraph (a) above, in the event of the termination of
        Employee’s employment by Employer for a reason other than for “Cause”, Employer
        will continue to pay to Employee the “Annual Salary” for a period of twenty four
        (24) months following the date of termination, will continue to provide to
        Employee and his family “Basic Medical Coverage” and “Executive Medical
        Benefits” (as hereinafter defined) for a period of twenty four (24) months
        following the date of termination, and will cause the stock options which
        have
        been granted to Employee to become immediately vested, effective on or before
        the date of termination. In addition, Employee shall be entitled to receive
        payment for any earned vacation which he had not used as of the date of
        termination. For purposes of this Agreement, the definition of “Annual Salary”
shall be identical to the definition of “Annual Salary” set forth in Section
        1.1(e) of the Control Agreement, and the definition of “Cause” shall be
        identical to the definition of “Cause” set forth in Section 1.1(k) of the
        Control Agreement, and each of those definitions is incorporated herein to
        the
        same extent as if it had been fully rewritten in this Agreement. For purposes
        hereof, “Basic Medical Coverage” shall mean the same group medical insurance
        coverage as is provided to all salaried employees, and “Executive Medical
        Benefits” shall mean the additional medical benefits that are provided (if any)
        from time to time to high level executives only, in each case on the same
        basis
        as such benefits had been provided immediately prior to the termination and
        subject to the provisions of the applicable plans.

       

      
 

      
        
          
          

        

        
          44

          
          

        

        
          
          

        

      

      2. The
        first
        part of the first sentence of Section 5(c), providing as follows:

      

      “The
        continuation of Annual Salary, Basic Medical Coverage and Executive Medical
        Benefits described in subparagraph (b) above (collectively, the “Severance
        Benefits”)...” 

      

      is
        hereby
        amended so as to provide as follows:

      

      “The
        continuation of Annual Salary, Basic Medical Coverage and Executive Medical
        Benefits, and the vesting of certain stock options, as described in subparagraph
        (b) above (collectively, the “Severance Benefits”)...”

      

      2. Amendment
        of Option Agreements.
        Hawk and
        Employee hereby agree that each Option Agreement is hereby amended to provide
        that, notwithstanding any provision thereof to the contrary, in the event
        of the
        termination of Employee’s employment by Employer for a reason other than for
“Cause, any stock options granted under one or more of the Plans shall become
        immediately vested, effective on the date of termination. 

      

      3. Plan
        Committee Action.
        Hawk
        and
        Employer hereby agree to take such steps as may be necessary or appropriate
        to
        cause the “Committee” (as defined in each of the Plans) to take such action as
        may be required to effectuate the agreements set forth herein with respect
        to
        the vesting of stock options.

      

      4. Full
        Force and Effect.
        Except
        to
        the extent specifically modified in this Amendment, each and every provision
        of
        the Agreement and of the Option Agreements remains in full force and
        effect.

      

      IN
        WITNESS WHEREOF,
        the
        undersigned have hereunto set their hands on the date first hereinabove
        mentioned.

      

      

      HAWK
        CORPORATION

      (“Hawk”)

       

      
 

      By:
        /s/RONALD E. WEINBERG

      Its:
        Chairman and Chief Executive Officer 

      

      

      WELLMAN
        PRODUCTS GROUP, INC.

      (“Employer”)

       

      
 

      
        By:
          /s/RONALD E. WEINBERG

        Its:
          Chairman and Chief Executive Officer 

      

      

       

       

       

      
        
          By:
            /s/B.
            CHRISTOPER DISANTIS

          B.
            Christopher DiSantis
            (“Employee”) 

        

         

         

         

         

         

        45EXHIBIT 10.1 NJM EMPLOYMENT AGREEMENT AMENDMENT

    Exhibit
      10.1

    

    AMENDMENT
      TO EMPLOYMENT AGREEMENT

    

    Between
      Denny’s Corporation and Nelson J. Marchioli

    

    This
      Amendment to Employment Agreement (“Amendment”) is being entered on the
      10th day of November, 2006, between Denny’s Corporation, a Delaware
      corporation (“the Company”), together with its wholly-owned subsidiary, Denny’s
      Inc., a California corporation (“Denny’s) and Nelson J. Marchioli (the
“Executive”), residing at 2110 Cleveland Street Ext., Greenville, SC
      29607.

    

    WITNESSETH:

    

    WHEREAS,
      the Board of Directors (the “Board”) of the Company and the Executive entered
      into an employment agreement (the “Agreement”) on May 11, 2005, which was
      scheduled to end at Midnight on December 31, 2007; and

    

    WHEREAS,
      the Board and the Executive wish to amend the Agreement to reflect the new
      terms
      set forth herein.

    

    NOW,
      THEREFORE, for good and valuable consideration, the receipt and sufficiency
      of
      which is hereby acknowledged, the parties do hereby agree as
      follows:

    

    
      	1.  	
              The
                first sentence of Section 1 of the Agreement shall be modified to
                read as
                follows:

            

    

    

    Employment.
      The Executive shall be deemed an employee of Denny’s. His employment under the
      terms of this Agreement shall commence on the date of execution as evidenced
      above (the “Effective Date”), and shall continue until Noon on May 20, 2009,
      unless terminated earlier pursuant to Section 5 (such period of employment
      under
      this Agreement is hereinafter referred to as the “Employment
      Term”).

    

    
      	2.  	
              The
                following sentence shall be added to the end of Section 3
                (a):

            

    

    

    It
      is expressly agreed and understood
      that the Compensation and Incentives Committee (the “Compensation Committee”) of
      the Board shall have the right to 

    review
      the
      Executive’s Base Salary on an annual basis and to increase the Base Salary, if
      such an increase is deemed warranted based upon the performance of the
Executive
      during each such annual period being reviewed.

    

    3.
      Section 5(b)(ii) shall be modified to read as follows:

     

    In
      the
      event of a termination as a result of the Executive’s Permanent Disability,
for
      each
      year of the two year period that immediately follows the date of such

    termination
      of the Executive’s employment, (A) the Executive and/or his Family shall
      be
      entitled to receive and participate in the Welfare Benefits in addition to
      any
      continuation coverage which the Executive and/or his Family is entitled to
      elect
      under 4980B of the Code; and (B) the Executive shall be paid (x) one-half of
      the
      Base
      Salary in effect at such date of termination, payable in monthly installments,
      and (y) one-half of the Annual Bonus that would be payable under Section
      3(b) for such 

    period,
      payable as and when annual incentive bonuses with respect
      to such period are paid by the Company to other senior executives of the
Company.

    
4.
      Section 5(d) shall be added to the Agreement to read as follows:

     

    (d)Compliance
      with Code section 409A.
      Notwithstanding any other provision of this
      Agreement, in the case of any payment or benefit that is determined to be

    deferred
      compensation subject to Code section 409A, no payment required to be
made
      under this Agreement as a result of the Executive’s Termination of service
other
      than by death or Disability shall be made earlier than the date that is six
      months
      after such Termination, and (if required by the regulations or other
guidance
      issued under section 409A) any Welfare Benefits provided to the Executive
      will be paid for under COBRA (and eligible for reimbursement by the Company,
      on the first business day of the first month that commences following
the
      end
      of the six-month period following Termination).

     

    5.
      All
      provisions of the Agreement not hereby amended, are hereby ratified and
confirmed
      and shall continue in full force and effect.

    

    

    IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Amendment the day and year first above
      written.

    

    

    
      	 	Denny's
              Corporation	 	 	Denny's
              Inc.
	 	 	 	 	 
	By:	/s/
              Vera King Farris	 	By:	/s/
              Rhonda J. Parish
	Name:	Vera
              King Farris	 	Name:	Rhonda
              J. Parish
	Title:	Chairman
              of the Compensation and	 	Title:	Executive
              Vice President, 
	 	Incentives
              Committee of the 	 	 	Chief
              Legal Officer,
	 	Board
              of Directors	 	 	and
              Secretary 
	 	 	 	 	 
	 	 	 	 	 
	 By:	/s/
              Nelson J. Marchioli	 	 	 
	 	Nelson
              J. Marchioli

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