1 EXHIBIT 10(a) BEARINGS, INC. FORM 10-K FOR FISCAL YEAR ENDED JUNE 30, 1994 SCHEDULE The Executive Severance Agreements ("Agreements") presently in effect for seven (7) executive officers are substantially identical in all material respects. This revised schedule is included pursuant to Instruction 2 of Item 601(a) of Regulation S-K for the purpose of setting forth the material details in which the specific Agreements differ from the form of Agreement filed as Exhibit 10(b) to the Bearings, Inc. Form 10-K for the fiscal year ended June 30, 1989: "Base Compensation" Multiple Pursuant Name Title to Paragraph 3(b) - - ---- ----- ------------------- J. C. Dannemiller Chairman & Chief Three (3) Executive Officer J. C. Robinson President & Chief Three (3) Operating Officer F. A. Martins Vice President- Two (2) Marketing F. L. Mohr Vice President- Two (2) Sales & Marketing R. C. Shaw Vice President- One and one-half Communications & (1.5) Public Relations R. C. Stinson Vice President- One and one-half General Counsel (1.5) & Secretary J. R. Whitten Vice President- One and one-half Finance & Treasurer (1.5) The continuation of employee benefit plans, programs and arrangements set forth in Paragraph 4 is three (3) years for Messrs. Dannemiller and Robinson, and two (2) years for all other executive officers.