Exhibit 10.2
April 4, 2007
Xx. Xxxxxxx X. Xxxxxxxxxx
X X Xxx 000
Xxxx Xxxxxxx, XX 00000
Dear Xxxx:
This letter will confirm the agreement between Xxxxxx-Xxxxxx Corporation
(the "Company") and you concerning the amendment of the letter agreement between
the Company and you dated September 10, 2002 (the "Letter Agreement").
The Company and you agree that the last sentence of the second paragraph on
page 2 of the Letter Agreement is hereby amended to read in its entirety as
follows:
Also, in the event of the sale of Xxxxxx-Xxxxxx on or before September
30, 2008, you will be paid a 2x base salary severance should you not
be offered a position of President and CEO of the new entity
immediately following a sale.
Please indicate your agreement by signing this letter in the space provided
below.
Sincerely,
XXXXXX-XXXXXX CORPORATION
By /s/ Xxx Xxxxxx, Xx.
-------------------
Xxx Xxxxxx, Xx.
Chairman
AGREED AND ACCEPTED:
/s/ Xxxxxxx X. Xxxxxxxxxx
-------------------------
Xxxxxxx X. Xxxxxxxxxx
Date: 4/4/07
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