EXHIBIT 10.5
November 10, 2003
Xx. Xxxxxx X. Xxxxxxx
Chief Executive Officer
Cohesant Technologies Inc.
0000 Xxxx 00xx Xxxxxx
Xxxxxxxxxxxx, XX 00000
Dear Xxxxxx:
This letter confirms that, pursuant to action of the Board of Directors
on November 9, 2003, your Base Salary (as defined in the Employment and
Confidentiality Agreement Dated December 1, 2001) was increased to $153,010 per
annum, effective December 1, 2003.
Very truly yours,
/s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx,
Chairman of the Board of Directors
Acknowledged this 10 day of November, 2003.
/s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx