Precision Castparts 8-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
July 25, 2008
Date of Report (date of earliest event reported)
PRECISION CASTPARTS CORP.
(Exact name of registrant as specified in its charter)
4650 S.W. Macadam Avenue
Portland, Oregon 97239-4254
(Address of principal executive offices)
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
(b) Effective July 25, 2008, Christopher L. Ayers resigned as the Executive Vice President and PresidentForged Products Group of Precision Castparts Corp. (the Company).
(e) On July 29, 2008, the Company entered into an agreement with Mr. Ayers relating to his separation from the Company. The Company has agreed to continue Mr. Ayers employment through December 31, 2008 and pay him his current salary and provide specified benefits during that period so long as his employment continues. Mr. Ayers has agreed that he will not provide services to specified businesses for the period stated in the agreement. The agreement is filed as Exhibit 10.1 hereto.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.