EXHIBIT 10.1
NN, Inc. has amended Schedule A to the Employment Agreement (the "Employment Agreement") of the following executive officer:
Roderick Baty
The text of the Amended Schedule A is attached hereto and incorporated by reference herein. All other terms and conditions of the Employment Agreement remain unchanged.
Amended Schedule A
Executive's Severance Payment shall be a lump sum payment equal to:
1. 2.5 times Executive's base salary (as of the date of Executive's termination); plus
2. 2.0 times Executive's median bonus available at the following bonus target percentage:
60%.