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Quotes & Info
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| CECE > SEC Filings for CECE > Form 8-K on 16-Oct-2009 | All Recent SEC Filings |
16-Oct-2009
Change in Directors or Principal Officers, Financial Statements and Exhib
(e) On October 16, 2009, CECO Environmental Corp. (the "Company") entered into a change in control agreement (the "Change in Control Agreement") with Dennis W. Blazer, its Chief Financial Officer and Vice President-Finance and Administration. The Change in Control Agreement entitles Mr. Blazer to severance benefits if his employment with the Company is terminated within 12 months of a change in control of the Company, unless such termination is (i) due to death or disability, (ii) by the Company for cause, or (iii) by Mr. Blazer without good reason. The amount of severance will be equal to 12 months of salary at the rate of his salary as of the termination date, and is payable over the 12 months following his termination. In addition, he will be entitled to a pro-rata annual bonus for the year in which his termination of employment occurs and to continue participating in the Company's welfare benefit programs for up to one year following his termination of employment.
The Change in Control Agreement is attached as Exhibit 10.1 hereto. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Change in Control Agreement, which is incorporated by reference herein.
(d) Exhibits.
The following Exhibits are furnished as part of this Current Report on Form 8-K:
Exhibit
Number Exhibit Title
10.1 Change in Control Agreement between CECO Environmental Corp. and
Dennis W. Blazer.
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