EXHIBIT 10.2 Personal/Confidential Mr. Hans-Peter von Arb Lorenzmattstrasse 12 6340 Baar April 11, 2006 EMPLOYMENT AGREEMENT between METTLER-TOLEDO INTERNATIONAL INC., Greifensee Branch, Im Langacher, 8606 Greifensee, and HANS-PETER VON ARB, born October 20, 1954, citizen of Switzerland. The parties enter into an employment agreement on the terms and conditions set forth below: Function Head Retail Division, Member of the Group Management Committee (GMC) of the METTLER TOLEDO Group Employing Company / Mettler-Toledo International Inc., Greifensee Branch, Position Location 8606 Greifensee. If not otherwise stipulated in this agreement, the general rules of employment ("Allgemeine arbeitsvertragliche Bestimmungen (AVB)" of our Swiss operations) apply. Remuneration BASE SALARY of CHF 250'200.-- gross per annum, effective June 1, 2006, payable in twelve equal monthly installments of CHF 20'850.--. This base salary remains unchanged until March 31, 2007. Participation in the INCENTIVE PLAN POBS PLUS for Members of the Group Management of METTLER TOLEDO (Regulations valid as of January 1, 2005 enclosed). The BONUS, in addition to the yearly base salary, is based and calculated on the grade of target achievement at the end of the business year. For 100% target achievement, the bonus is CHF 93'825.-- gross (37,5% of the base salary). For business year 2006 the bonus is prorated for the period June - December 2006. Expenses Expense Allowance according to the "Spesenreglementserganzung Gruppenleitung" (enclosed) of CHF 10'500.-- per annum, payable in twelve monthly installments of CHF 875.--. No commuting allowance will be paid. Equity Incentive Plan Participation in the METTLER TOLEDO Stock Option Plan as may be amended from time to time. Personnel Insurance o Participation in the Mettler-Toledo Fonds (pension plan for GMC members). o Additional Accident Insurance, Disability Insurance (coverage of salary in case of illness and accident) The premiums for all these insurances are fully paid by METTLER TOLEDO. The base for the insured salary in the Mettler-Toledo Fonds and other personnel insurances is CHF 265'837.41 (77.2727% of Target Salary). Vacation 30 working days per calendar year, including compensation for overtime ("Zeitregelung mit pauschaler Abgeltung"). Duration / This employment agreement starts on June 1, 2006. Notice Period It is of unlimited duration. The notice period is 12 (twelve) months for both parties. Non-Competition While Hans-Peter von Arb is employed by METTLER TOLEDO, and for a period of twelve months after the termination of his employment, Hans-Peter von Arb shall not knowingly engage in or be employed in any business anywhere in the world which competes with the principal businesses of METTLER TOLEDO. Previous Employment With the effectiveness of this Employment Agreements Agreement, all previous agreements with METTLER TOLEDO shall be considered as cancelled. The acquired years of service since January 1, 1996 are taken into consideration where applicable. Applicable Law and This agreement shall be governed by Swiss Law. Jurisdiction All disputes concerning the terms and conditions of this agreement shall be brought before the ordinary courts in the Canton of Zurich, Switzerland. Mettler-Toledo International Inc. The Employee Robert F. Spoerry Peter Burker Hans-Peter von Arb Enclosures - - GMC POBS Plus Regulations - - Spesenreglementserganzung (4/1997)