August 1, 1996
Xx. Xxxxxxxxx X. Judge
16612 Zumaque
P. O. Xxx 0000
Xxxxxx Xxxxx Xx, XX 00000
Dear Xxxx:
Set forth below is the employment agreement we have discussed. Please sign the
duplicate copy of this letter to acknowledge your agreement.
Term of Employment: 1-1/2 years (18 months) commencing August 1, 1996.
Title and Duties: You will be Senior Vice President of The Titan
Corporation and Chief Executive Officer of Titan
Information Systems Corporation. You will devote
substantially your full time and energies to the
business of the company, subject to the policies
established by the company's Board of Directors. You
will not engage actively in any other business which
competes with the Company. You may manage your
personal investments.
Base Salary: You will be paid $234,000 per year for the first year,
payable on the company's normal salary payment dates
and subject to all required deductions. Increases
shall be considered annually in good faith by the Board
of Directors.
Termination for Cause: The company may not terminate this employment agreement
unless you commit a material act of dishonesty or are
guilty of gross carelessness or gross misconduct which
has a direct, substantial and adverse effect on the
company's business or reputation.
Sincerely,
/s/ Xxxx X. Xxx
Xxxx X. Xxx AGREED AND ACCEPTED: /s/ Xxxxxxxxx X. Judge
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Xxxxxxxxx X. Judge
August 1, 1997
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Date
