EMPLOYMENT AGREEMENT
EXHIBIT
10.2 EMPLOYMENT AGREEMENT, DATED AS OF JUNE 16, 2009, BETWEEN REGISTRANT AND
XXXXXX X. XXXXXX
THIS
AGREEMENT is dated as of June 16, 2009, by and between BOWL AMERICA
INCORPORATED, hereinafter called “Corporation”, and Xxxxxx X. Xxxxxx,
hereinafter called “Xxxxxx.”
WITNESSETH:
WHEREAS
the parties desire to enter into a new Employment Contract to go into effect on
June 29, 2009; and
NOW,
THEREFORE, in consideration of the premises and the mutual agreements
hereinafter contained, the parties hereby agree as follows:
1. Corporation
hereby employs Xxxxxx, and Xxxxxx hereby agrees to work for Corporation for a
term of one year commencing June 29, 2009, and expiring at the end of
Corporation’s next fiscal year on June 27, 2010.
2. Xxxxxx
shall serve as Controller, Chief Financial Officer and Assistant Treasurer of
the Corporation, performing the functions and duties normally performed by a
Controller, Chief Financial Officer and Assistant Treasurer.
3. Xxxxxx
shall devote her full time and attention to the affairs of the
Corporation.
4. The
Corporation and Xxxxxx confirm that her current salary of $151,424 shall
continue in effect up to June 29, 2009, at which time Xxxxxx shall be entitled
by way of remuneration for her services the sum of $156,424 for the fiscal year
of the Corporation commencing on June 29, 2009 and ending on June 27, 2010, to
be paid in bi-weekly installments.
5. This
Agreement is purely personal with Xxxxxx X. Xxxxxx and in the event of her death
or total disability during the contract period, this Agreement shall terminate
and the obligations of the Corporation to make any payments shall
cease.
BOWL
AMERICA INCORPORATED
|
ATTEST:
|
By: Xxxxxx
X. Xxxxxxxx
|
Xxxxxxx
X. Xxxx
|
President
|
Assistant
Secretary
|
Xxxxxx
X. Xxxxxx
|