October 15, 2003 Mark Burton Price Legacy Corporation
Exhibit 10.7
October 15, 2003
Xxxx Xxxxxx
Price Legacy Corporation
000 Xxxxx 000 Xxxx, #000
West Bountiful, UT 84010
Re: Employment Issue
Dear Xxxx:
This letter will serve to confirm our mutual agreement that in the event you resign your employment with the Company, you will: (1) be afforded the protection and benefits provided under paragraph 6(d) of your employment contract with the Company dated April 7, 2003, and (2) be permitted to assume all obligations under your office lease at the Utah office in West Bountiful, including the assumption of obligations related to the Utah office.
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Very truly yours, |
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/s/ Xxxx XxXxxxx |
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Xxxx XxXxxxx |
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JM:bjj |
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Acknowledged and agreed this |
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15th day of October, 2003 |
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/s/ Xxxx Xxxxxx |
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Xxxx Xxxxxx |
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