Exhibit 10.13
AGREEMENT
Agreement by and between Xxxx Xxxxxxx ("Employee" or "you") and
Xxxxxxxxxx Xxx. (the "Company"). This Agreement shall be effective as of the
last date of signing below.
1. This Agreement confirms our understanding that in the event the
Company terminates your employment other than for cause, you shall receive a
lump sum payment, in lieu of severance, equivalent to twelve (12) months of
salary, at your then current base salary.
2. You understand that this Agreement constitutes the complete
understanding between the Company and you, and supersedes any and all
agreements, understandings, and discussions, whether written or oral, between
you and the Company with regard to the subject hereof. No other promises or
agreements shall be binding unless in writing and signed by both the Company and
you after the Effective Date of this Agreement.
Print Name: Xxxx X. Xxxxxxx Date: August 5, 2005
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Signature: /s/ Xxxx X. Xxxxxxx
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XXXXXXXXXX XXX.
By: /s/ Xxxxxxx Xxxxxxxx Date: August 5, 2005
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