May 12, 2005
Xx. Xxxxxxx X. Xxxx
Marlton Technologies, Inc.
0000 Xxxxxxx Xxxx
Xxxxxxxxxxxx, XX 00000
Re: Employment Agreement dated November 24, 1999
Dear Xxxxx:
Confirming the actions of the Compensation Committee of the Board of
Directors of Marlton Technologies, Inc. ("Company"):
Effective August 1, 2004, your annual base salary was increased to
$140,000.
For 2004, you were awarded a discretionary bonus of $12,000.
The provisions of your Employment Agreement relating to the above subject
matter are superseded by this amendment; otherwise the Employment Agreement
shall remain in full force and effect in accordance with its terms and shall
constitute the legal, valid and binding agreement of the Company.
---------------------------------
Xxxxxxx Xxxxx
Chairman of Compensation Committee
Agreed this _____ day of May, 2005.
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Xxxxxxx X. Xxxx
