EX-10.8
from 10-Q
11 pages
The Black & Decker Corporation (The “Corporation”) Considers It Essential to the Best Interests of Its Stockholders to Foster the Continuous Employment of Key Management Personnel. in This Connection, the Board of Directors of the Corporation (The “Board”) Recognizes That, as Is the Case With Many Publicly Held Corporations, the Possibility of a Change in Control of the Corporation May Exist and That Such Possibility, and the Uncertainty and Questions That It May Raise Among Management, May Result in the Departure or Distraction of Management Personnel to the Detriment of the Corporation and Its Stockholders. the Board Has Determined That Appropriate Steps Should Be Taken to Reinforce and Encourage the Continued Attention and Dedication of Members of the Corporation’s Management, Including You, to Their Assigned Duties Without Distraction in the Face of Potentially Disturbing Circumstances Arising From the Possibility of a Change in Control of the Corporation, Although No Such Change Is Now Contemplated
12/34/56