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John Bean Technologies Corp – ‘10-Q’ for 9/30/19 – ‘EX-10.3’

On:  Thursday, 10/31/19, at 3:26pm ET   ·   For:  9/30/19   ·   Accession #:  1433660-19-34   ·   File #:  1-34036

Previous ‘10-Q’:  ‘10-Q’ on 7/31/19 for 6/30/19   ·   Next:  ‘10-Q’ on 5/1/20 for 3/31/20   ·   Latest:  ‘10-Q’ on 5/2/24 for 3/31/24   ·   4 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

10/31/19  John Bean Technologies Corp       10-Q        9/30/19   92:10M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.33M 
 2: EX-10.2     Material Contract                                   HTML     30K 
 3: EX-10.3     Material Contract                                   HTML     28K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     33K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     33K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     28K 
 7: EX-32.2     Certification -- §906 - SOA'02                      HTML     28K 
73: R1          Cover Page                                          HTML     81K 
45: R2          Condensed Consolidated Statements of Income         HTML    104K 
                (Unaudited)                                                      
13: R3          Condensed Consolidated Statements of Comprehensive  HTML     49K 
                Income (Unaudited)                                               
66: R4          Condensed Consolidated Balance Sheets (Unaudited)   HTML    114K 
74: R5          Condensed Consolidated Balance Sheets (Unaudited)   HTML     41K 
                (Parenthetical)                                                  
46: R6          Condensed Consolidated Statements of Cash Flows     HTML    118K 
                (Unaudited)                                                      
15: R7          Condensed Consolidated Statements of Changes in     HTML     77K 
                Stockholders' Equity                                             
65: R8          Condensed Consolidated Statements of Changes in     HTML     37K 
                Stockholders' Equity (Parenthetical)                             
76: R9          Description of Business and Basis of Presentation   HTML     42K 
36: R10         Acquisitions                                        HTML    188K 
27: R11         Goodwill and Intangible Assets                      HTML     60K 
52: R12         Inventories                                         HTML     40K 
84: R13         Pension                                             HTML     49K 
35: R14         Accumulated Other Comprehensive Income (Loss)       HTML    108K 
26: R15         Revenue Recognition (Notes)                         HTML    141K 
51: R16         Earnings Per Share                                  HTML     62K 
83: R17         Fair Value of Financial Instruments                 HTML     89K 
37: R18         Derivative Financial Instruments and Risk           HTML    113K 
                Management                                                       
25: R19         Leases                                              HTML    175K 
69: R20         Commitments and Contingencies                       HTML     60K 
81: R21         Business Segment Information                        HTML     86K 
50: R22         Restructuring                                       HTML     67K 
22: R23         Related Party Transactions                          HTML     28K 
68: R24         Description of Business and Basis of Presentation   HTML     46K 
                (Policies)                                                       
80: R25         Acquisitions (Tables)                               HTML    187K 
49: R26         Goodwill and Intangible Assets (Tables)             HTML     88K 
20: R27         Inventories (Tables)                                HTML     41K 
67: R28         Pension (Tables)                                    HTML     49K 
82: R29         Accumulated Other Comprehensive Income (Loss)       HTML     64K 
                (Tables)                                                         
86: R30         Revenue Recognition (Tables)                        HTML    125K 
53: R31         Earnings Per Share (Tables)                         HTML     62K 
23: R32         Fair Value of Financial Instruments (Tables)        HTML     79K 
33: R33         Derivative Financial Instruments and Risk           HTML    107K 
                Management (Tables)                                              
87: R34         Leases (Tables)                                     HTML     90K 
54: R35         Commitments and Contingencies (Tables)              HTML     52K 
24: R36         Business Segment Information (Tables)               HTML     83K 
34: R37         Restructuring (Tables)                              HTML     68K 
85: R38         Description of Business and Basis of Presentation   HTML     42K 
                - Narrative (Details)                                            
55: R39         Acquisitions - Narrative (Details)                  HTML     41K 
71: R40         Acquisitions - Fair Values of Assets Acquired and   HTML    184K 
                Liabilities Assumed (Details)                                    
60: R41         Acquisitions - Pro Forma Financial Information      HTML     65K 
                (Details)                                                        
18: R42         Goodwill and Intangible Assets - Schedule of        HTML     39K 
                Goodwill (Details)                                               
47: R43         Goodwill and Intangible Assets - Schedule of        HTML     43K 
                Intangible Assets (Details)                                      
72: R44         Inventories - Schedule of Inventories (Details)     HTML     43K 
61: R45         Pension - Components of Net Periodic Benefit Cost   HTML     46K 
                (Details)                                                        
19: R46         Pension - Narrative (Details)                       HTML     34K 
48: R47         Accumulated Other Comprehensive Income (Loss) -     HTML     51K 
                Change in AOCI Balances (Details)                                
70: R48         Accumulated Other Comprehensive Income (Loss) -     HTML     47K 
                Narrative (Details)                                              
62: R49         Revenue Recognition - Disaggregation of Revenue     HTML     62K 
                (Details)                                                        
58: R50         Revenue Recognition - Contract Assets and           HTML     31K 
                Liabilities (Details)                                            
90: R51         Revenue Recognition - Revenue Recognition           HTML     39K 
                (Details)                                                        
41: R52         Revenue Recognition - Narrative (Details)           HTML     30K 
31: R53         Earnings Per Share - Computation of Basic and       HTML     55K 
                Diluted Earnings Per Share (Details)                             
57: R54         Fair Value of Financial Instruments - Narrative     HTML     37K 
                (Details)                                                        
89: R55         Fair Value of Financial Instruments - Schedule of   HTML     63K 
                Financial Assets and Liabilities Measured at Fair                
                Value on a Recurring Basis (Details)                             
40: R56         Derivative Financial Instruments and Risk           HTML     66K 
                Management - Narrative (Details)                                 
30: R57         Derivative Financial Instruments and Risk           HTML     37K 
                Management - Fair Value of Foreign Currency                      
                Derivatives in Balance Sheet (Details)                           
56: R58         Derivative Financial Instruments and Risk           HTML     44K 
                Management - Derivative Assets at Fair Value                     
                (Details)                                                        
91: R59         Derivative Financial Instruments and Risk           HTML     44K 
                Management - Derivative Liabilities at Fair Value                
                (Details)                                                        
43: R60         Derivative Financial Instruments and Risk           HTML     42K 
                Management - Location and Amount of Gain (Loss) on               
                Foreign Currency Derivatives (Details)                           
17: R61         Leases - Narrative (Details)                        HTML     49K 
64: R62         Leases - Lease Information (Details)                HTML     40K 
77: R63         Leases - Maturity of Operating Lease Payments       HTML     45K 
                (Details)                                                        
42: R64         Leases - Other Information (Details)                HTML     30K 
16: R65         Leases - Operating Lease Obligations (Details)      HTML     45K 
63: R66         Leases - Lease Revenue (Details)                    HTML     32K 
75: R67         Leases - Lessor Maturity Analysis (Details)         HTML     43K 
44: R68         Commitments and Contingencies - Narrative           HTML     44K 
                (Details)                                                        
14: R69         Commitments and Contingencies - Schedule of         HTML     41K 
                Warranty Cost and Accrual Information (Details)                  
28: R70         Business Segment Information - Schedule of Segment  HTML     63K 
                Revenue and Operating Profit (Details)                           
39: R71         Restructuring - Narrative (Details)                 HTML     47K 
92: R72         Restructuring - Restructuring Expense (Details)     HTML     38K 
59: R73         Restructuring - Schedule of Restructuring Reserve   HTML     44K 
                by Type of Cost (Details)                                        
29: R74         Related Party Transactions - Narrative (Details)    HTML     38K 
21: R9999       Uncategorized Items - a93019-jbt10xq.htm            HTML     28K 
78: XML         IDEA XML File -- Filing Summary                      XML    165K 
32: XML         XBRL Instance -- a93019-jbt10xq_htm                  XML   2.98M 
38: EXCEL       IDEA Workbook of Financial Reports                  XLSX     92K 
 9: EX-101.CAL  XBRL Calculations -- jbt-20190930_cal                XML    257K 
10: EX-101.DEF  XBRL Definitions -- jbt-20190930_def                 XML    540K 
11: EX-101.LAB  XBRL Labels -- jbt-20190930_lab                      XML   1.59M 
12: EX-101.PRE  XBRL Presentations -- jbt-20190930_pre               XML    926K 
 8: EX-101.SCH  XBRL Schema -- jbt-20190930                          XSD    148K 
79: JSON        XBRL Instance as JSON Data -- MetaLinks              375±   553K 
88: ZIP         XBRL Zipped Folder -- 0001433660-19-000034-xbrl      Zip    282K 


‘EX-10.3’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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  Exhibit  



Exhibit 10.3

FIRST AMENDMENT OF
JOHN BEAN TECHNOLOGIES CORPORATION
NON-QUALIFIED SAVINGS AND INVESTMENT PLAN
WHEREAS, John Bean Technologies Corporation (the “Company”) maintains the John Bean Technologies Corporation Non-Qualified Savings and Investment Plan (the “Plan”); and
WHEREAS, the Company now deems it necessary and desirable to amend the Plan to reflect the Company’s corporate restructuring under which certain Company employees shall transfer employment to the new wholly-owned entity JBT AeroTech Corporation and JBT AeroTech Corporation shall become an adopting affiliate under the Plan; and
WHEREAS, this First Amendment shall supersede the provisions of the Plan to the extent those provisions are inconsistent with the provisions of the amendment.
NOW, THEREFORE, by virtue and in exercise of the powers reserved to the Company to amend the Plan, the Plan is hereby amended as follows, effective October 1, 2019:
1.
Section 3.2 of the Plan is hereby amended to add the following sentence to the end to read as follows:
For the avoidance of doubt, effective October 1, 2019, an employee of the Company whose employment is transferred to JBT AeroTech Corporation and who previously met the conditions of Section 3.1 and became a Participant in the Plan shall remain a Participant in the Plan subject to the eligibility and participation provisions of Article III.
IN WITNESS WHEREOF, the Company has cause this amendment to be executed by a duly authorized representative this 1st day of October, 2019.
John Bean Technologies Corporation            
By:    /s/ Jason T. Clayton
Its:     EVP, Human Resources




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:10/31/19
10/1/194
For Period end:9/30/194
 List all Filings 


4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/23/24  John Bean Technologies Corp.      10-K       12/31/23  155:32M
 2/23/23  John Bean Technologies Corp.      10-K       12/31/22  151:78M
 2/24/22  John Bean Technologies Corp.      10-K       12/31/21  142:77M
 2/25/21  John Bean Technologies Corp.      10-K       12/31/20  137:15M
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Filing Submission 0001433660-19-000034   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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