RETIREMENT AGREEMENT AND RELEASE
AGREEMENT made as of January 14, 2008 (the “Retirement Date”), by Richard Carney (“Mr. Carney”) and Sensient
Technologies Corporation (the “Company”).
WHEREAS Mr. Carney will retire from his employment with the Company on August 15, 2008 (the “Retirement Date”); and
WHEREAS Mr. Carney and the Company desire to resolve all aspects of their employment relationship and to provide in
writing for certain compensation and benefits to Mr. Carney in excess of those to which he would otherwise be entitled by law.
NOW, THEREFORE, IN CONSIDERATION OF the mutual promises hereinafter set forth, the sufficiency of which is hereby
acknowledged, the parties agree as follows:
1. Resignation; Retirement . Effective as of the date hereof (the “Effective Date”), Mr. Carney resigns from the office of
Vice President-Administration of the Company and becomes an employee on inactive status until the Retirement Date, at which
time he will retire from the Company.
2. Compensation and Benefits . Subject to Mr. Carney’s compliance with the terms and conditions of this Agreement, the
Company will provide the compensation and benefits set forth in this Section 2. Except as set forth in this Section 2 or as
required by applicable law or regulation, Mr. Carney will not receive or participate in any further compensation or benefit from
3. Deductions . The Company will deduct from payments made under this Agreement any federal, state or local
withholdings or other taxes or charges which the Company is from time to time required to deduct under applicable law, and all
amounts payable to Mr. Carney under this Agreement are stated herein before any such deduction(s).
4. Releases .
Release by Mr. Carney . In consideration of the Company’s agreement to provide Mr. Carney compensation and
benefits in excess of those to which he would otherwise be entitled by law and of the release set forth in subsection
4.2 below, Mr. Carne