EXHIBIT 10.45 May 4, 2005 Martin H. Singer c/o PCTEL, Inc. Suite 400 8725 West Higgins Road Chicago, IL 60631 Re: Amendment to Employment Agreement Dear Marty: As you know, the Compensation Committee of the Company's Board of Directors recently...Employment Agreement • May 10th, 2005 • Pc Tel Inc • Services-computer programming, data processing, etc.
Contract Type FiledMay 10th, 2005 Company IndustryAs you know, the Compensation Committee of the Company's Board of Directors recently restructured the Stretch Bonus component of your Employment Agreement by eliminating the rolling two-year Stretch Bonus currently in place for 2004/2005 and replacing it with an ongoing yearly "stretch" bonus beginning in fiscal 2005. This yearly "stretch" bonus will be based on performance goals established by the Compensation Committee to recognize substantial overachievement by the Company of planned revenue and planned EBTA (earnings before taxes, amortization of intangible charges for goodwill and depreciation of assets and amortization of stock-based compensation charges). The specific terms and conditions of this yearly "stretch" bonus plan will be determined annually by the Compensation Committee and the Board of Directors. This yearly "stretch" bonus will replace the defined concept of the "Stretch Bonus" wherever it appears in your Employment Agreement.
CREDENCE SYSTEMS CORPORATION 215 Fourier Avenue Freemont, CA 94539 January 15, 2002Employment Agreement • January 29th, 2002 • Credence Systems Corp • Instruments for meas & testing of electricity & elec signals
Contract Type FiledJanuary 29th, 2002 Company IndustryReference is made to your employment offer letter, dated October 1, 2001 (the "Employment Offer Letter"), by and between you and Credence Systems Corporation (the "Company").
CREDENCE SYSTEMS CORPORATION 215 Fourier Avenue Freemont, CA 94539 January 15, 2002Employment Agreement • January 29th, 2002 • Credence Systems Corp • Instruments for meas & testing of electricity & elec signals
Contract Type FiledJanuary 29th, 2002 Company IndustryReference is made to (i) your employment agreement, dated March 25, 1998 (the "Employment Agreement"), by and between you and Integrated Measurement Systems, Inc. and (ii) the letter agreement (the "Letter Agreement;" and together with the Employment Agreement, the "Agreements"), dated August 1, 2001, by and among, you, Integrated Measurement Systems, Inc. and Credence Systems Corporation (the "Company").
Brian E. Levy President and Chief Executive Officer Direct: (905) 760-9708 February 15, 2000 Mr. Douglas C. Saunders 3300 Highway # 7 Suite 904 Concord, ON L4K 4M3 Dear Doug: Re: Amendment to Employment Letter This letter confirms the following...Employment Agreement • May 15th, 2000 • Intertan Inc • Retail-radio, tv & consumer electronics stores • Texas
Contract Type FiledMay 15th, 2000 Company Industry Jurisdiction
Brian E. Levy President and Chief Executive Officer Direct: (905) 760-9708 February 15, 2000 Mr. Jeffrey A. Losch 3300 Highway # 7 Suite 904 Concord, ON L4K 4M3 Dear Jeff: Re: Amendment to Employment Letter This letter confirms the following...Employment Agreement • May 15th, 2000 • Intertan Inc • Retail-radio, tv & consumer electronics stores
Contract Type FiledMay 15th, 2000 Company Industry
Brian E. Levy President & Chief Executive Officer Direct: (905) 760-9708 February 15, 2000 Mr. James G. Gingerich 3300 Highway # 7 Suite 904 Concord, ON L4K 4M3 Dear Jim: Re: Amendment to Employment Letter This letter confirms the following amendments...Employment Agreement • May 15th, 2000 • Intertan Inc • Retail-radio, tv & consumer electronics stores • Texas
Contract Type FiledMay 15th, 2000 Company Industry Jurisdiction