1 EXHIBIT 10(a) BEARINGS, INC. FORM 10-Q FOR QUARTER ENDED DECEMBER 31, 1995 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) Sales & Marketing R. C. Shaw Vice President- Two (2) Communications & Public Relations R. C. Stinson Vice President- Two (2) Administration, Human Resources, General Counsel & Secretary J. R. Whitten Vice President- Two (2) Finance & Treasurer M. O. Eisele Controller Two (2) 2 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 the other executive officers listed.