Document:

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                                                                  Exhibit 10.20

                                 RETIREMENT AGREEMENT

     THIS RETIREMENT AGREEMENT (the "Agreement") entered into on October __,
1999, by and between YORK INTERNATIONAL CORPORATION, a Delaware corporation (the
"Company"), with its principal office in York, Pennsylvania, and Robert N.
Pokelwaldt, a resident of York, Pennsylvania ("Executive").

     WHEREAS, Executive is the Chairman and Chief Executive Officer of the
Company; and

     WHEREAS, Executive has announced his intention to retire and the Board of
Directors of the Company (the "Board") has determined that Executive's
retirement at this time is acceptable; and

     WHEREAS, the Board and Executive have agreed that Executive shall retire on
the date of this Agreement (the "Retirement Date") and shall resign as a
director of the Company; and

     WHEREAS, in consideration of the years of valuable service provided by
Executive to the Company and his agreement to cooperate with the Company in
transitioning his duties to his successor, both parties desire to enter into an
agreement that will reflect the compensation and other benefits to which
Executive will be entitled by reason of his retirement and other agreements
between the parties;

     NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:

     1. Retirement. Executive and the Company agree that Executive shall retire
on the Retirement Date and that Executive shall be considered to have retired
for all Company purposes, including all plans, benefits and programs which the
Company maintains or has maintained and in which Executive participated during
the term of his employment by the Company. Effective immediately, Executive
hereby resigns all positions (including without limitation all officer and
director positions) with the Company and its subsidiaries and shall cease to be
an employee of the Company or any of its subsidiaries. Until December 31, 2000,
the Company shall furnish Executive with reasonable office space off premises,
which shall be sufficient for him to conduct business at an executive level and
secretarial support. Within thirty days after the Retirement Date, Executive
shall be entitled to purchase his personal computer (but without any Company
proprietary software or data) from the Company for book value.

     2. Payments and Benefits.

          (a) Executive shall continue to receive his regular base salary and
continue to participate in all benefit plans and programs of the Company through
the Retirement Date. On the Retirement Date, the Company shall pay Executive, in
one lump sum in cash, the amount of base salary he otherwise would have received
from the Retirement Date through December 31, 1999 as well as an amount equal to
all accrued but unpaid vacation pay at the Retirement Date, reduced by all
applicable Federal (at the 28% rate), state and local income and employment
taxes
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that must be withheld by the Company ("Withholding Taxes").

          (b) On the eighth day following the execution of the Release, as
defined below, without revocation, but in no event earlier than January 2, 2000,
the Company shall pay to Executive in cash the sum of $2,400,000, reduced by the
Withholding Taxes.

          (c) The Company shall also pay to Executive, no sooner than
January 2, 2000 and no later than March 31, 2000, in one lump sum in cash, all
amounts due Executive under the Company's Deferred Compensation Plan and the
single sum present value of the benefit due Executive under the Company's
Supplemental Executive Retirement Plan (the "SERP"), determined under the normal
terms of each such plan; provided, however, that the Company shall cause the
determination of the benefit due to Executive under the SERP to be made by
taking into account, and treating as a full year of compensation, all
compensation paid to Executive (including the payment made under subsection (a)
above) for (in the case of any 1999 bonus) or during 1999. The payment under
Section 2(b) of this Agreement shall not be taken into account in determining
the benefit due to Executive under the SERP.

          (d) No further payments or benefits shall be made or provided to
Executive except for (i) Executive's rights to options, restricted stock,
performance units and benefits under the terms of the written benefit plans or
programs, sponsored by the Company, in which Executive participated prior to the
Retirement Date, (ii) continued provision of cellular telephone service, at the
same level as the Company provides senior executives generally, for the 36
months following the Retirement Date and (iii) as soon as practicable following
the execution of this Agreement, the Company shall pay Executive's counsel all
documented legal fees and expenses, to a maximum of $20,000, arising in
representing Executive in the preparation of this Agreement and, particularly,
in advising Executive as to the consequences to him of Section 3 of this
Agreement and the Release attached hereto as Annex 1.

     3. Confidential Information. Executive recognizes and acknowledges that by
reason of his employment by and service to the Company before and during
employment, he has had and may continue to have access to confidential or
proprietary information relating to the business of the Company, which may
include, but is not limited to, trade secrets, trade "know-how", customer
information, supplier information, cost and pricing information, marketing and
sales techniques, strategies and programs, computer programs and software, and
all financial information including any and all balance sheets, income
statements or statements of cash flows with respect to the Company or any of its
subsidiaries or affiliates (collectively referred to as "Confidential
Information"). Executive acknowledges that such Confidential Information is a
valuable and unique asset of the Company and Executive covenants that he will
not, unless expressly authorized in writing by the Chairman or Chief Executive
Officer, at any time, use any Confidential Information or divulge or disclose
any Confidential Information to any person, firm or corporation. Executive also
covenants that at no time after the Retirement Date, directly or indirectly,
will he use any Confidential Information or divulge or disclose any Confidential
Information to any person, firm or corporation, unless such information is in
the public domain through no fault of Executive or except when required to do so
by a court of law, by any governmental agency having supervisory authority over
the business of the Company or by any administrative or legislative body
(including a committee thereof) with apparent jurisdiction to order him to
divulge, disclose or make accessible such information. In such a case, Executive

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will inform the Company in writing promptly of such required disclosure, but in
any event at least five business days prior to disclosure, and will reasonably
cooperate with the Company in attempting to resist the disclosure. All written
Confidential Information in Executive's possession during the course of his
employment shall remain the property of the Company. For the purposes of this
Section, the term "Company" shall be deemed to include the Company and all of
its subsidiaries and affiliates. The confidentiality obligations of this Section
are in addition to any other confidentiality obligation(s) of Executive under
any other agreement with the Company.

     4. Equitable Relief.

          (a) Executive acknowledges and agrees that the restrictions contained
in Section 3 are reasonable and necessary to protect and preserve the legitimate
interests, properties, goodwill and business of the Company, that the Company
would not have entered into this Agreement in the absence of such restrictions
and that irreparable injury will be suffered by the Company should Executive
breach any of those provisions. Executive represents and acknowledges that (i)
he has been advised by the Company to consult his own legal counsel in respect
of this Agreement, and (ii) that he has had full opportunity, prior to execution
of this Agreement, to review thoroughly this Agreement with his counsel.

          (b) Executive further acknowledges and agrees that a breach of any of
the restrictions in Section 3 cannot be adequately compensated by monetary
damages. Therefore, in the event that the Company believes that Executive has or
is about to violate any of the provisions of Section 3, it shall provide
Executive with written notice as soon as reasonably practicable under the
circumstances and ask Executive to cease, or not to so violate those provisions.
Executive agrees that the Company shall be entitled to preliminary and permanent
injunctive relief, without the necessity of proving actual damages, and an
equitable accounting of all earnings, profits and other benefits arising from
any violation of Section 3. All such rights shall be cumulative and in addition
to any other rights or remedies to which the Company may be entitled.

     5. Release. Notwithstanding anything else to the contrary in this
Agreement, the payments and benefits provided for under Section 2 of this
Agreement, shall be conditioned up Executive executing, and not revoking as
provided therein, a written release prior to the 22nd day following the
Retirement Date (the "Release"). The Release shall be in the form attached
hereto as Annex 1. In consideration of Executive's release, the Company shall
execute a release in favor of Executive, on the date of this Agreement but which
shall not become irrevocable until the Release becomes irrevocable, in the form
attached hereto as Annex 2. Notwithstanding the foregoing, Executive shall be
entitled to be indemnified by the Company, and the Release shall not apply to
any liability, cost or expense (including attorney's fees) for which Executive
would have been indemnified during employment and service on the Board, in
accordance with the bylaws of the Company, for actions taken on behalf of the
Company during the term of Executive's employment by, and service on the Board
of, the Company.

     6. Notices. All notices and other communications required or permitted
under this Agreement or necessary or convenient in connection herewith shall be
in writing and shall be deemed to have been given when hand delivered or mailed
by registered or certified mail, or by

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overnight mail or fax, as follows (provided that notice of change of address
shall be deemed given only when received):

     If to the Company, to:

          YORK INTERNATIONAL CORPORATION
          P.  O. Box 1592-364C
          York, PA 17405-1592
               Attention: Corporate Secretary

     If to Executive, to:
          Robert N. Pokelwaldt
          45 Burning Tree Court
          York, PA 17404

     With a required copy to:
          Morgan, Lewis & Bockius LLP
          1701 Market Street
          Philadelphia, PA  19103
               Attention: Robert J. Lichtenstein, Esquire

or to such other names or addresses as the Company or Executive, as the case may
be, shall designate by notice to each other person entitled to receive notices
in the manner specified in this Section.

     7. Subsequent Statements; Non-Disparagement. Executive and the Company
agree to mutually develop any oral or written statements to be given as to the
terms and reasons for Executive's retirement and separation from the Company and
to Executive's performance while an executive of the Company. Nothing contained
herein shall limit communication in connection with enforcing the terms of this
Agreement. Executive and the Company, acting through it directors, officers and
employees, each agree not to disparage or impugn the character or reputation or
business practices of the other.

     8. Contents of Agreement; Amendment and Assignment.

          (a) This Agreement supersedes all prior agreements and otherwise sets
forth the entire understanding between the parties hereto with respect to the
subject matter hereof and cannot be changed, modified, extended or terminated
except upon written amendment approved by the Board and executed on its behalf
by a duly authorized representative and by Executive.

          (b) All of the terms and provisions of this Agreement shall be binding
upon and inure to the benefit of and be enforceable by the respective heirs,
executors, administrators, legal representatives, successors and assigns of the
parties hereto, except that the duties and responsibilities of Executive under
this Agreement are of a personal nature and shall not be assignable or
delegatable in whole or in part by Executive.

     9. Severability. If any provision of this Agreement or application
thereof to anyone or under any circumstances is adjudicated to be invalid or
unenforceable in any jurisdiction, such

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invalidity or unenforceability shall not affect any other provision or
application of this Agreement which can be given effect without the invalid or
unenforceable provision or application and shall not invalidate or render
unenforceable such provision or application in any other jurisdiction. If any
provision is held void, invalid or unenforceable with respect to particular
circumstances, it shall nevertheless remain in full force and effect in all
other circumstances.

     10. Remedies Cumulative; No Waiver. No remedy conferred upon a party
by this Agreement is intended to be exclusive of any other remedy, and each and
every such remedy shall be cumulative and shall be in addition to any other
remedy given under this Agreement or now or hereafter existing at law or in
equity. No delay or omission by a party in exercising any right, remedy or power
under this Agreement or existing at law or in equity shall be construed as a
waiver thereof, and any such right, remedy or power may be exercised by such
party from time to time and as often as may be deemed expedient or necessary by
such party in its sole discretion.

     11. Death Benefits; Beneficiaries/References. The payments due under
Section 2(b) of this Agreement shall be paid to Executive's beneficiary(ies) in
the event of his death prior to the date specified in that Section. Executive
shall be entitled to select and change a beneficiary or beneficiaries to receive
that payment following Executive's death by giving the Company written notice
thereof. In the event of Executive's death or a judicial determination of his
incompetence, reference in this Agreement to Executive shall be deemed, where
appropriate, to refer to his beneficiary(ies), estate or other legal
representative.

     12. Withholding. The Company may withhold from any payments under this
Agreement the Withholding Taxes. Executive shall bear all expense of, and be
solely responsible for, all federal, state and local taxes due with respect to
any payment received under this Agreement.

     13. Miscellaneous. All section headings used in this Agreement are for
convenience only. This Agreement may be executed in counterparts, each of which
is an original. It shall not be necessary in making proof of this Agreement or
any counterpart hereof to produce or account for any of the other counterparts.

     14. Governing Law. This Agreement shall be governed by and interpreted
under the laws of the Commonwealth of Pennsylvania without giving effect to any
conflict of laws provisions.

     IN WITNESS WHEREOF, the parties, intending to be legally bound, have
executed this Agreement as of the date first above written.

YORK INTERNATIONAL CORPORATION

By
  --------------------------         -----------------------
                                     Robert N. Pokelwaldt

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                                    ANNEX 1

                                GENERAL RELEASE

1.   I, Robert N. Pokelwaldt, for and in consideration of certain payments to be
made and benefits to be provided to me under Section 2 of the Agreement to which
this Annex 1 is attached, dated as of October 14, 1999 (the "Agreement") with
YORK INTERNATIONAL CORPORATION (the "Company"), and for other good and valuable
consideration, do hereby REMISE, RELEASE, AND FOREVER DISCHARGE the Company and
each of its subsidiaries and affiliates, and all of their respective past,
present, and future officers, directors, shareholders, partners, employees,
agents, and insurers, acting in any capacity whatsoever, and all of their
respective successors and assigns, heirs, executors, and administrators, and all
other persons or entities who/that might be claimed to be jointly or severally
liable with them (hereinafter collectively referred to as "the Released
Parties") of and from all claims causes of action, suits, charges, debts, dues,
sums of money, attorneys' fees and costs, accounts, bills, covenants, contracts,
agreements, expenses, wages, compensation, benefits, promises, damages,
judgments, rights, demands, or otherwise (hereinafter collectively referred to
as "Claims"), known or unknown, accrued or unaccrued, contingent or
non-contingent, in equity or in law, which I ever had, now have, or hereafter
may have, or which my heirs, executors, or administrators may have, by reason of
any matter, cause or thing whatsoever from the beginning of time through the
date of my signature on this General Release. This General Release includes, but
is not limited to, all Claims in any way arising from, relating to, or
concerning my employment with and the retirement of my employment from and
service on the Board of Directors of the Company and/or other Released Parties,
and the terms, conditions, and benefits payments resulting therefrom or my
status as a shareholder of the Company or any Released Party (other than a class
derivative rights action in which neither Executive nor any related persons are
named plaintiffs). This General Release further includes, but is not limited to,
all Claims for discrimination based upon age, sex, race, disability, national
origin, religion, or any other protected characteristic including without
limitation all Claims arising under Title VII of the Civil Rights Act of 1964,
the Age Discrimination in Employment Act, the Americans With Disabilities Act,
the Employee Retirement Income Security Act of 1974, as amended, the
Pennsylvania Human Relations Act, the Civil Rights Act of 1866, and all other
federal, state, and local employment discrimination statutes, and all Claims for
breach of contract or for the commission of any torts; provided, however, that
this General Release shall not apply to (i) any entitlements under the terms of
the Agreement or under any other plans or programs of the Company in which I
participated and under which I have accrued a benefit nor (ii) to my right to be
indemnified by the Company, pursuant to the bylaws of the Company or otherwise,
for any liability, cost or expense for which I would have been indemnified for
actions taken on behalf of the Company during the term and within the scope of
my employment by and service on the Board of Directors of, the Company.

2.   I further agree and covenant that neither I, nor any person, organization
or other entity on my behalf, will assert, file, charge, claim, sue or cause or
permit to be filed, charged, or claimed, any action with respect to any Claim(s)
which have been released under paragraph 1 of this Annex 1. If I do so, and the
action is found to be barred in whole or in part by paragraph 1 of
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this Annex 1, I shall pay the attorneys' fees and costs incurred by any of the
Released Parties in defending against those Claim(s) that are found to be so
barred.

3.   I hereby agree and recognize that my employment by the Company was
permanently and irrevocably severed on the Retirement Date and the Company (and
Released Parties) have no obligation, contractual or otherwise to me to hire,
rehire, re-employ or engage me in any capacity in the future, and I hereby
release the Released Parties from any and all liabilities based upon the denial
of re-employment or future engagement. I acknowledge that the terms of the
Agreement provide me with payments and benefits which are in addition to any
amounts to which I otherwise would have been entitled.

4.   I hereby agree and acknowledge that the payments and benefits provided by
the Company are to bring about an amicable resolution of my employment
arrangements and are not to be construed as an admission of any violation of any
federal, state or local statute or regulation, or of any duty owed by the
Company and that the Agreement and this General Release are made voluntarily to
provide an amicable resolution of my employment relationship with the Company.

5.   I hereby certify that I have read the terms of this General Release, that
I have been advised by the Company to discuss it with my attorney, and that I
understand its terms and effects. I acknowledge, further, that I am executing
this General Release of my own volition with a full understanding of its terms
and effects and with the intention of releasing all claims recited herein in
exchange for the consideration described in the Agreement, which I acknowledge
is adequate and satisfactory to me. None of the above-named parties, nor their
agents, representatives, or attorneys have made any representations to me
concerning the terms or effects of this General Release other than those
contained herein.

6.   I hereby acknowledge that I have been informed that I have the right to
consider this General Release for a period of 21 days prior to execution. I also
understand that I have the right to revoke this General Release for a period of
seven days following execution by giving written notice to the Company at P.O.
Box 1592-364C, York, PA 17405, Attention: Corporate Secretary, and that the
Agreement shall not become effective or enforceable until the revocation period
has expired.

Intending to be legally bound hereby, I execute the foregoing General Release
this 14th day of October, 1999.

------------------------------                          -----------------------
 Witness                                                 Robert N. Pokelwaldt
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                                     ANNEX 2

                                GENERAL RELEASE

1.   YORK INTERNATIONAL CORPORATION and each of its subsidiaries and
affiliates, and all of their respective past, present, and future officers and
directors and their respective successors and assigns, heirs, executors and
administrators (hereinafter collectively included within the term the "YORK"),
for and in consideration of the release of Robert N. Pokelwaldt ("Executive"),
of October 14, 1999, and other good and valuable consideration, does hereby
REMISE, RELEASE, AND FOREVER DISCHARGE Executive, his assigns, heirs, executors
and administrators (hereinafter collectively included within the term
"Executive"), acting in any capacity whatsoever, of and from all claims, causes
of action, suits, charges, debts, dues, sums of money, attorneys' fees and
costs, accounts, bills, covenants, contracts, agreements, expenses, wages,
compensation, benefits, promises, damages, judgments, rights, demands, or
otherwise (hereinafter collectively referred to as "Claims") whatsoever in law
or in equity, which it ever had, now has, or hereafter may have, by reason of
any matter, cause or thing whatsoever from the beginning of Executive's
employment with YORK to the date of York's signature on this Release arising
from or relating in any way to Executive's employment and service as an officer,
director or fiduciary, his retirement and the termination of his employment and
service as an officer, director or fiduciary with YORK, including but not
limited to, any Claims which have been asserted, could have been asserted, or
could be asserted now or in the future under any federal, state or local laws,
any contracts between YORK and Executive and any Claims now or hereafter
recognized and all claims for counsel fees and costs; provided, however, that
this Release shall not apply to (i) any Claim(s) attributable to a crime or to
an action outside the scope of Executive's employment, (ii) any breach of
obligation under the terms of the Agreement nor (iii) any Claim(s) of which the
Company does not have knowledge nor could reasonably be expected to have
knowledge as of the date of this Agreement because of the Executive's fraud.

2.    YORK further agrees and covenants that neither YORK, nor any person,
organization or other entity on its behalf, will assert, file, charge, claim,
sue or cause or permit to be filed, charged, or claimed, any action with respect
to any Claim(s) which have been released under paragraph 1 of this Annex 2.  If
York does so, and the action is found to be barred in whole or in part by this
Annex 2, York shall pay the attorneys' fees and costs incurred by the Executive
in defending against those Claim(s) that are found to be so barred.

3.    YORK hereby certifies that it has been advised by counsel in the
preparation and review of this General Release.

Intending to be legally bound hereby, YORK executed the foregoing General
Release this 14th day of October, 1999.

                                                  York International Corporation

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 Witness                                          By:<PAGE>

                                                                   Exhibit 10.21
                              EMPLOYMENT AGREEMENT

         AGREEMENT by and between York International Corporation, a Delaware
corporation (the "Company") and KEY EXECUTIVES (the "Executive") dated as of the
29th day of December, 1999.

         The Board of Directors of the Company has determined that it is in its
best interests and that of its shareholders to employ the Executive in the
capacity described below and the Executive wishes to serve in such capacity.

         NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:

         1. Effective Date. The "Effective Date" shall mean December 29,1999.

         2. Employment Period. The Company hereby agrees to employ the
Executive, and the Executive hereby agrees to enter into the employ of the
Company subject to the terms and conditions of this Agreement, for the period
commencing on the Effective Date and ending on the third anniversary thereof
(the "Employment Period") provided, however, that the Employment Period shall be
automatically extended without action by either party for an additional one
month period on the 16th day of each month unless, not later than the 15th day
of any month, either party shall give notice to the other in writing that such
party does not intend to extend the Employment Period.

         3. Terms of Employment. (a) Position and Duties. (A) During the
Employment Period, the Executive shall serve as [insert title] with such
authority, duties and responsibilities as are commensurate with such position
and (B) the Executive's services shall be performed in
(location)_______________.

         (b) Compensation.

          (i) Base Salary. During the Employment Period, the Executive shall
receive an annual base salary of ________ ("Annual Base Salary"), which shall be
paid in accordance with the Company's payroll practices. During the Employment
Period, the Annual Base Salary shall be reviewed at least annually. Any increase
in Annual Base Salary shall not serve to limit or reduce any other obligation to
the Executive under this Agreement. Annual Base Salary shall not be reduced
after any such increase and the term Annual Base Salary as utilized in this
Agreement shall refer to Annual Base Salary as so increased. As used in this
Agreement, the term "affiliated companies" shall include any company controlled
by, controlling or under common control with the Company.

          (ii) Incentive Compensation. During the Employment Period, the
Executive shall have an annual cash bonus and a mid-term performance bonus
opportunity based on a percentage of his Annual Base Salary (determined annually
by the Company's Board in accordance with the provisions of the 1996 Incentive
Compensation Plan) and shall otherwise be eligible for incentive compensation
awards on the same basis as similarly situated executives.

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          (iii) Employee Benefit Plans. During the Employment Period, the
Executive shall be entitled to participate in all incentive, employee benefit,
retirement, welfare and other plans, practices, policies and programs applicable
to senior executives of the Company.

          (iv) Expenses. During the Employment Period, the Executive shall be
entitled to receive prompt reimbursement for all reasonable expenses incurred by
the Executive in accordance with the Company's policies.

          (v) Perquisite Benefits. During the Employment Period, the Executive
shall be provided with perquisite benefits as are provided to other senior
executives of the Company.

          (vi) Vacation. During the Employment Period, the Executive shall be
entitled to paid vacation in accordance with the plans, policies, programs and
practices of the Company and its affiliated companies as in effect with respect
to the senior executives of the Company.

         4. Termination of Employment. (a) Death or Disability. The Executive's
employment shall terminate automatically upon the Executive's death during the
Employment Period. If the Company determines in good faith that the Disability
of the Executive has occurred during the Employment Period (pursuant to the
definition of Disability set forth below), it may give to the Executive written
notice in accordance with Section 11(b) of this Agreement of its intention to
terminate the Executive's employment. In such event, the Executive's employment
with the Company shall terminate effective on the 30th day after receipt of such
notice by the Executive (the "Disability Effective Date"), provided that, within
the 30 days after such receipt, the Executive shall not have returned to
full-time performance of the Executive's duties. For purposes of this Agreement,
"Disability" shall mean the absence of the Executive from the Executive's duties
with the Company on a full-time basis for 180 consecutive business days as a
result of incapacity due to mental or physical illness which is determined to be
total and permanent by a physician selected by the Company or its insurers and
acceptable to the Executive or the Executive's legal representative.

         (b) Cause. The Company may terminate the Executive's employment during
the Employment Period for Cause. For purposes of this Agreement, "Cause" shall
mean:

          (i) knowingly providing the Company with materially false
representations relied upon by the Company in furnishing information to
stockholders, a stock exchange or the Securities and Exchange Commission, or

          (ii) maintaining an undisclosed, unauthorized and material conflict of
interest in the discharge of duties owed to the Company, or

          (iii) willful misconduct causing serious violation by the Company of
state or federal laws, or

          (iv) theft of Company funds or assets, or

          (v) conviction of a crime involving moral turpitude.

                                      -2-
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For purposes of this provision, no act or failure to act, on the part of the
Executive, shall be considered "willful" unless it is done, or omitted to be
done, by the Executive in bad faith or without reasonable belief that the
Executive's action or omission was in the best interests of the Company.  Any
act, or failure to act, based upon authority given pursuant to a resolution duly
adopted by the Board or based upon advice of counsel for the Company shall be
conclusively presumed to be done, or omitted to be done, by the Executive in
good faith and in the best interest of the Company.

         (c) Good Reason. In the event that the Executive's employment with the
Company is voluntarily terminated by the Executive with "Good Reason", the
Executive shall be entitled to a lump sum payment representing the remaining
balance of his or her employment agreement as calculated in accordance with
Section 5 (a). For purposes of this Agreement, "Good Reason" shall mean, in the
absence of a written consent of the Executive, any of the following which occurs
before the expiration of the Executive's Employment Period:

          (i) a substantial and adverse change in the Executive's
responsibilities, job description, status or position as a key employee of the
Company, when compared to the Executive's prior responsibilities, job
description, status or position as a key employee of the Company as contemplated
by Section 3(a) of this Agreement, excluding for this purpose an isolated,
insubstantial and inadvertent action not taken in bad faith, and which is
remedied by the Company promptly after receipt or notice thereof given by the
Executive;

          (ii) any material failure by the Company to comply with any of the
provisions of Section 3(b) of this Agreement, unless initiated by the Executive,
other than a failure not occurring in bad faith and which is remedied by the
Company promptly after receipt of notice thereof given by the Executive;

          (iii) the requiring that the Executive travel on the Company's
business to an extent materially greater than the Executive's normal business
travel, or the Company requiring the Executive to be based at any office or
location more than 35 miles from that provided in Section 3(a)(i)(B) hereof;

          (iv) a material breach by the Company of any terms of this Agreement,
or any failure by the Company to comply with and satisfy Section 9 of this
Agreement, or any purported termination by the Company of the Executive's
employment otherwise than as expressly permitted by this Agreement

          (v) any failure by the Company to obtain the assumption of this
Agreement by any successor or assign of the Company.

         (d) Notice of Termination. Any termination by the Company for Cause, or
by the Executive for Good Reason, shall be communicated by Notice of Termination
to the other party hereto given in accordance with Section 11(b) of this
Agreement. For purposes of this Agreement, a "Notice of Termination" means a
written notice which (i) indicates the specific termination provision in this
Agreement relied upon, (ii) to the extent applicable, sets forth in reasonable
detail the facts and circumstances claimed to provide a basis for termination of
the Executive's employment under the provision so indicated and (iii) if the
Date of Termination (as defined below) is other than the date of receipt of such
notice, specifies the termination date (which date shall be not more than thirty
days after the giving of such notice). The failure by the

                                      -3-
<PAGE>

Executive or the Company to set forth in the Notice of Termination any fact or
circumstance which contributes to a showing of Good Reason or Cause shall not
waive any right of the Executive or the Company, respectively, hereunder or
preclude the Executive or the Company, respectively, from asserting such fact or
circumstance in enforcing the Executive's or the Company's rights hereunder.

         (e) Date of Termination. "Date of Termination" means (i) if the
Executive's employment is terminated by the Company for Cause, or by the
Executive for Good Reason, the date of receipt of the Notice of Termination or
any later date specified therein within 30 days of such notice, as the case may
be, (ii) if the Executive's employment is terminated by the Company other than
for Cause or Disability, the Date of Termination shall be the date on which the
Company notifies the Executive of such termination and (iii) if the Executive's
employment is terminated by reason of death or Disability, the Date of
Termination shall be the date of death of the Executive or the Disability
Effective Date, as the case may be.

         5. Obligations of the Company upon Termination. (a) Good Reason; Other
Than for Cause, Death or Disability. If, during the Employment Period, the
Company shall terminate the Executive's employment other than for Cause, Death
or Disability or the Executive shall terminate employment for Good Reason:

          (i) the Company shall pay to the Executive in a lump sum in cash
within 30 days after the Date of Termination the aggregate of the following
amounts:

               A. the sum of the Executive's Annual Base Salary through the Date
          of Termination to the extent not theretofore paid, (this amount shall
          be hereinafter referred to as the "Accrued Obligations"); and

               B. An amount equal to the Executive's Annual Base Salary plus
          Annual Cash Bonus (based on the adjusted EV bonus amount for the
          Fiscal Year in which the Date of Termination occurs, the "Adjusted EV
          Bonus") for the remaining Employment Period; and

               C. an amount equal to the excess of (a) the actuarial equivalent
          of the benefit under the Company's qualified defined benefit
          retirement plan (the "Retirement Plan") (utilizing actuarial
          assumptions no less favorable to the Executive than those in effect
          under the Company's Retirement Plan immediately prior to the Effective
          Date), and any excess or supplemental retirement plan in which the
          Executive participates (together, the "SERP") which the Executive
          would receive if the Executive's employment continued until the end of
          the Employment Period assuming for this purpose that all accrued
          benefits are fully vested, and, assuming that the Executive's
          compensation in each of the periods is that required by Section 3(b)
          and that the Executive's Annual Cash Bonus for such years is the
          Adjusted EV Bonus, over (b) the actuarial equivalent of the
          Executive's actual benefit (paid or payable), if any, under the
          Retirement Plan and the SERP as of the Date of Termination;

          (ii) the Company shall continue to provide welfare benefits to the
Executive and his dependants until the end of the Employment Period on the same
basis that such benefits were provided to him immediately prior to the Date of
Termination; and

                                      -4-
<PAGE>

          (iii) to the extent not theretofore paid or provided, the Company
shall timely pay or provide to the Executive any other amounts or benefits
required to be paid or provided or which the Executive is eligible to receive
under any plan, program, policy or practice or contract or agreement of the
Company and its affiliated companies (such other amounts and benefits shall be
hereinafter referred to as the "Other Benefits").

         (b) Death. If the Executive's employment is terminated by reason of the
Executive's death during the Employment Period, this Agreement shall terminate
without further obligations to the Executive's legal representatives under this
Agreement, other than for payment of Accrued Obligations and the timely payment
or provision of Other Benefits. Accrued Obligations shall be paid to the
Executive's estate or beneficiary, as applicable, in a lump sum in cash within
30 days of the Date of Termination. With respect to the provision of Other
Benefits, the term Other Benefits as utilized in this Section 5(b) shall include
death benefits as in effect on the date of the Executive's death with respect to
senior executives of the Company and his beneficiaries.

         (c) Disability. If the Executive's employment is terminated by reason
of the Executive's Disability during the Employment Period, this Agreement shall
terminate without further obligations to the Executive, other than for payment
of Accrued Obligations and the timely payment or provision of Other Benefits.
Accrued Obligations shall be paid to the Executive in a lump sum in cash within
30 days of the Date of Termination. With respect to the provision of Other
Benefits, the term Other Benefits as utilized in this Section 5(c) shall
include, and the Executive shall be entitled after the Disability Effective Date
to receive, disability and other benefits as in effect at any time thereafter
generally with respect to the senior executives of the Company.

         (d) Cause; Other than for Good Reason. If the Executive's employment
shall be terminated for Cause or the Executive terminates his employment without
Good Reason during the Employment Period, this Agreement shall terminate without
further obligations to the Executive other than the obligation to pay to the
Executive his Annual Base Salary through the Date of Termination, and Other
Benefits, in each case to the extent theretofore unpaid.

         6. Non-exclusivity of Rights. Except as specifically provided, nothing
in this Agreement shall prevent or limit the Executive's continuing or future
participation in any plan, program, policy or practice provided by the Company
or any of its affiliated companies and for which the Executive may qualify, nor,
subject to Section 11(e), shall anything herein limit or otherwise affect such
rights as the Executive may have under any contract or agreement with the
Company or any of its affiliated companies. Amounts which are vested benefits or
which the Executive is otherwise entitled to receive under any plan, policy,
practice or program of or any contract or agreement with the Company or any of
its affiliated companies at or subsequent to the Date of Termination shall be
payable in accordance with such plan, policy, practice or program or contract or
agreement except as explicitly modified by this Agreement.

                                      -5-
<PAGE>

         7. Full Settlement. The Company's obligation to make the payments
provided for in this Agreement and otherwise to perform its obligations
hereunder shall not be affected by any set-off, counterclaim, recoupment,
defense or other claim, right or action which the Company may have against the
Executive or others. In no event shall the Executive be obligated to seek other
employment or take any other action by way of mitigation of the amounts payable
to the Executive under any of the provisions of this Agreement and, such amounts
shall not be reduced whether or not the Executive obtains other employment. The
Company agrees to pay as incurred, to the full extent permitted by law, all
legal fees and expenses which the Executive may reasonably incur as a result of
any contest (regardless of the outcome thereof) by the Company, the Executive or
others of the validity or enforceability of, or liability under, any provision
of this Agreement or any guarantee of performance thereof (including as a result
of any contest by the Executive about the amount of any payment pursuant to this
Agreement), plus in each case interest on any delayed payment at the applicable
Federal rate provided for in Section 7872(f)(2)(A) of the Internal Revenue Code
of 1986, as amended (the "Code").

         8. Confidential Information. (a) The Executive shall hold in a
fiduciary capacity for the benefit of the Company all secret or confidential
information, knowledge or data relating to the Company or any of its affiliated
companies, and their respective businesses, which shall have been obtained by
the Executive during the Executive's employment by the Company or any of its
affiliated companies and which shall not be or become public knowledge (other
than by acts by the Executive or representatives of the Executive in violation
of this Agreement). After termination of the Executive's employment with the
Company, the Executive shall not, without the prior written consent of the
Company or as may otherwise be required by law or legal process, communicate or
divulge any such information, knowledge or data to anyone other than the Company
and those designated by it. In no event shall an asserted violation of the
provisions of this Section 8 constitute a basis for deferring or withholding any
amounts otherwise payable to the Executive under this Agreement. (b) Any
termination of the Executive's employment or of this Agreement shall have no
effect on the continuing operation of this Section 8 or Section 9 below.

         9. Noncompetition/Nonsolicitation. (a) For two years after the Date of
Termination, Executive will not directly or indirectly, own, manage, operate,
control or participate in the ownership, management, operation or control of or
be connected as an officer, employee, partner, director, consultant or otherwise
with, or have any financial interest in, any business which is in material
competition with the business conducted by the Company or its affiliates.
Ownership for personal investment purposes only of less than 2% of the voting
stock of any publicly held corporation shall not constitute a violation hereof.

         (b) For two years after the Date of Termination, the Executive will
not, directly or indirectly, on behalf of the Executive or any other person,
solicit for employment any person employed by the Company or its affiliates as
of the date hereof or known by the Executive at the time to be employed by the
Company or its affiliates.

                                      -6-
<PAGE>

         (c) (i) Executive acknowledges and agrees that the restrictions
contained in this Section 9 and in Section 8 are reasonable and necessary to
protect and preserve the legitimate interests, properties, goodwill and business
of the Company, and that irreparable injury will be suffered by the Company
should Executive breach any of the provisions of this Section. Executive
represents and acknowledges that (1) Executive has been advised by the Company
to consult Executive's own legal counsel in respect of this Agreement, (2)
Executive has had full opportunity, prior to execution of this Agreement, to
review thoroughly this Agreement with Executive's counsel, and (3) the
provisions of this Section 9 are reasonable and these restrictions do not
prevent Executive from earning a reasonable livelihood.

             (ii) Executive further acknowledges and agrees that a breach of any
of the restrictions in this Section 9 and Section 8 cannot be adequately
compensated by monetary damages. Executive agrees that the Company shall be
entitled to preliminary and permanent injunctive relief, without the necessity
of proving actual damages, as well as provable damages and an equitable
accounting of all earnings, profits and other benefits arising from any
violation of this Section 9, which rights shall be cumulative and in addition to
any other fights or remedies to which the Company may be entitled. In the event
that any of the provisions of this Section 9 should ever be adjudicated to
exceed the time, geographic, service, or other limitations permitted by
applicable law in any jurisdiction, it is the intention of the parties that the
provision shall be amended to the extent of the maximum time, geographic,
service, or other limitations permitted by applicable law, that such amendment
shall apply only within the jurisdiction of the court that made such
adjudication and that the provision otherwise be enforced to the maximum extent
permitted by law.

             (iii) Executive irrevocably and unconditionally (1) agrees that any
suit, action or other legal proceeding arising out of this Section 9 and Section
8, including without limitation, any action commenced by the Company for
preliminary and permanent injunctive relief and other equitable relief, may be
brought in the Court of Common Pleas of York County, Pennsylvania or if such
court does not have jurisdiction or will not accept jurisdiction, in any court
of general jurisdiction in Pennsylvania, (2) consents to the non-exclusive
jurisdiction of any such court in any such suit, action or proceeding, and (3)
waive any objection which Executive may have to the laying of venue of any such
suit, action or proceeding in any process, pleadings, notices or other papers in
a manner permitted by the notice provisions of this Section 9.

         (d) In exchange for the covenants set forth in this Section 9, the
Company agrees to make to the Executive a lump sum payment equal to two years of
the Executive's then-current Annual Base Salary plus then-current Adjusted EV
Bonus, payable within 30 days after the Date of Termination.

         10. Successors. (a) This Agreement is personal to the Executive and
without the prior written consent of the Company shall not be assignable by the
Executive otherwise than by will or the laws of descent and distribution. This
Agreement shall inure to the benefit of and be enforceable by the Executive's
legal representatives.

                                      -7-
<PAGE>

         (b) This Agreement shall inure to the benefit of and be binding upon
the Company and its successors and assigns.

         (c) The Company will require any successor (whether direct or indirect,
by purchase, merger, consolidation or otherwise) to all or substantially all of
the business and/or assets of the Company to assume expressly 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.
As used in this Agreement, "Company" shall mean the Company as herein before
defined and any successor to its business and/or assets as aforesaid which
assumes and agrees to perform this Agreement by operation of law, or otherwise.

         11. Miscellaneous. (a) This Agreement shall be governed by and
construed in accordance with the laws of the State of Delaware, without
reference to principles of conflict of laws. The captions of this Agreement are
not part of the provisions hereof and shall have no force or effect. This
Agreement may not be amended or modified otherwise than by a written agreement
executed by the parties hereto or their respective successors and legal
representatives.

         (b) All notices and other communications hereunder shall be in writing
and shall be given by hand delivery to the other party or by registered or
certified mail, return receipt requested, postage prepaid, addressed as follows:

         If to the Executive:

         If to the Company:

              York International Corporation
              631 S. Richland Avenue
              York, PA 17403

              Attention: General Counsel

or to such other address as either party shall have furnished to the other in
writing in accordance herewith.  Notice and communications shall be effective
when actually received by the addressee.

         (c) The invalidity or unenforceability of any provision of this
Agreement shall not affect the validity or enforceability of any other provision
of this Agreement.

         (d) The Company may withhold from any amounts payable under this
Agreement such Federal, state, local or foreign taxes as shall be required to be
withheld pursuant to any applicable law or regulation.

                                      -8-
<PAGE>

         (e) The Executive's or the Company's failure to insist upon strict
compliance with any provision of this Agreement or the failure to assert any
right the Executive or the Company may have hereunder, including, without
limitation, the right of the Executive to terminate employment for Good Reason
pursuant to Section 4(c)(i)-(v) of this Agreement, shall not be deemed to be a
waiver of such provision or right or any other provision or right of this
Agreement.

         IN WITNESS WHEREOF, the Executive has hereunto set the Executive's hand
and, pursuant to the authorization from its Boards of Directors, the Company has
caused these presents to be executed in its name on its behalf, all as of the
day and year first above written.

                                ------------------------------

                             YORK INTERNATIONAL CORPORATION

                             By:
                                ------------------------------

                                      -9-

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