Exhibit 10.6(a)
Wage Continuation Plan, Dated as of July 1, 1986, Between X. X. Xxxxxx
and the Registrant, as amended, on October 29, 1997
October 27, 1997
Xx. X. X. Xxxxxx
Cal-Maine Foods, Inc.
P. O. Xxx 0000
Xxxxxxx, Xxxxxxxxxxx 00000
RE: Amendment to Wage Continuation Plan of July 1, 1986
Dear Xxxxx:
This letter will serve to amend the Wage Continuation Plan of January 1,
1996, between you and Cal-Maine Foods, Inc.
It is agreed that you will continue employment beyond your 65th birthday.
It is further agreed that Cal-Maine will not begin making the $50,000 per
year wage continuation payments, as set out in the Wage Continuation Plan,
until the date of your retirement.
During your additional period of employment, you will earn one additional
year of wage continuation credit for each additional year of employment.
Each additional year will be added to the 10 years you have earned as of
October 16, 1997.
Payments made under this amendment shall be paid in monthly installments
totaling $50,000 per year and shall continue to you or your estate until
all payments have been paid in full.
Either party may cancel this agreement at any time; however, any such
cancellation shall not reduce any benefits earned up to the date of
cancellation.
Sincerely,
/s/ Xxxx Xxxxx
Accepted, this the 29th day October, 1997.
/s/ X. X. Xxxxxx
