In accordance with our discussions, this letter contains an agreement between you and the Company with respect to your termination plan (the “Agreement”) in which, in short, the Company offers to continue your authorized employment during the transition period (defined below) and then provide you with severance pay (defined below) in exchange for your compliance with certain conditions (defined below), including the conclusion of this Agreement. that contains a default claims release. This Letter of Agreement (this “Agreement”) confirms the agreements regarding your resignation from the positions of President and Chief Executive Officer of Barnes Group Inc. (the “Company”) effective March 1, 2013 and the terms and conditions of your continued employment as Executive Vice-Chairman of the Board of Directors of the Company during the transition period from March 1, 2013 to May 3. 2013 (the “Withdrawal Date”). Employees and employers had an employment contract from the start date to the end date and agree on the following conditions: An employee may terminate more than is described in the award, registered agreement or contract. An employer is not obliged to accept it and may choose to let the employee work only during the minimum recovery period. If the employee resigns, the employer must inform the employee if he accepts the full notice period requested or if he only wants him to respect the minimum notice period in accordance with his arbitration award, his registered agreement or his contract. Outten & Golden`s lawyers are competent in drafting employment contracts, including termination provisions that comply with Standard 409A for good reason. We have experience in advising employees and helping them understand what their employment contract requires and ensuring that they meet their obligations under the contract to trigger a good termination provision. .