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EXHIBIT 10.19
TERMINATION OF EMPLOYMENT AGREEMENT
This Termination of Employment Agreement (the "Agreement"), dated as
of October 6, 1995, is made and entered into by and between Dart Group
Corporation, a Delaware corporation ("Employer"), and Xxxxxx X. Xxxx
("Employee").
WHEREAS, Employer and Employee are parties to that certain Employment
Agreement, dated as of August 1, 1993, and as amended as of the date hereof
(the "Employment Agreement");
WHEREAS, Section 7(i) of the Agreement provides that Employer and
Employee may terminate the Agreement at any time by mutual written consent; and
WHEREAS, Employer and Employee each desire to terminate the Employment
Agreement.
NOW, THEREFORE, for good and valuable consideration, the receipt of
which is hereby acknowledged, the parties hereto agree as follows:
1. The Employment Agreement is hereby terminated without any
further obligation thereunder on the part of either Employer or Employee and is
hereafter of no force and effect.
2. Employee hereby waives any right to any pro rata portion of
any bonus as provided under Section 7(h) of the Employment Agreement.
IN WITNESS WHEREOF, each of the parties hereto has executed this
Agreement or caused this Agreement to be executed on its behalf as of the day
and year first above written.
DART GROUP CORPORATION
By: /s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
Treasurer and Chief Financial
Officer
/s/ Xxxxxx X. Xxxx
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Xxxxxx X. Xxxx