ANNUAL REVIEW AGREEMENT
Exhibit
10.2
THIS
ANNUAL REVIEW AGREEMENT
(the
"Agreement") is entered into on June _____, 2007 by and between Xxxxx X.
Prygelski (the "Employee") and 21st
Century
Holding Company, a Florida corporation (the "Company").
The
Company agrees to review the Employee’s performance on an annual basis and based
on the conclusions of such review and the Company’s overall performance, the
Employee may be entitled to a salary increase of up to five percent (5%) over
the previous year.
This
agreement shall be binding upon and inure to the benefit of the parties, their
successors, assigns, and personal representatives.
IN
WITNESS WHEREOF,
this
Agreement has been duly signed by the parties hereto on the day and year first
above written.
| 21ST CENTURY HOLDING COMPANY | ||
| |
|
|
| By: | ||
|
Name: Xxxxxx X. Xxxxxx |
||
| Title: Chief Executive Officer | ||
|
Xxxxx X. Prygelski, EMPLOYEE |
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