February 9, 2020 Via FedEx Jonathan Shaw Spitz Inc. Chadds Ford, PA 19317 Re: Transaction Bonus Dear Jon:Transaction Bonus Agreement • February 27th, 2020 • Evans & Sutherland Computer Corp • Miscellaneous electrical machinery, equipment & supplies
Contract Type FiledFebruary 27th, 2020 Company IndustryIn connection with the transaction identified internally and with the proposed acquirer of Evans & Sutherland Computer Corporation (the “Company”) as “Project Phan,” we consider your continued service and dedication to the Company essential to the consummation of that Project. To incentivize you to remain employed with the Company, we are pleased to offer you a transaction bonus, as described in this letter agreement.
February 9, 2020 Via FedEx Paul Dailey Spitz Inc. Chadds Ford, PA 19317 Re: Transaction Bonus Dear Jon:Transaction Bonus Agreement • February 27th, 2020 • Evans & Sutherland Computer Corp • Miscellaneous electrical machinery, equipment & supplies
Contract Type FiledFebruary 27th, 2020 Company IndustryIn connection with the transaction identified internally and with the proposed acquirer of Evans & Sutherland Computer Corporation (the “Company”) as “Project Phan,” we consider your continued service and dedication to the Company essential to the consummation of that Project. To incentivize you to remain employed with the Company, we are pleased to offer you a transaction bonus, as described in this letter agreement.