Executive Employment AgreementExecutive Employment Agreement • October 1st, 2018 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Texas
This Employment Agreement is entered into as of October 1, 2018, by and between Perma-Pipe International Holdings, Inc, (PPIH), a Delaware corporation ("PPIH" or "the Company"), and D. Bryan Norwood ("Employee").
September 24, 2018 Mr. Karl J. Schmidt Lake Forest, IL 60045 Dear Karl:Perma-Pipe International Holdings, Inc. • October 1st, 2018 • Industrial & commercial fans & blowers & air purifing equip • Delaware
As a follow-up to our discussion, this letter agreement (“Agreement”) confirms the mutual understanding and agreement between you and Perma-Pipe International Holdings, Inc. (“Perma-Pipe” or the “Company”) regarding your separation from employment and the mutual termination of the Executive Employment Agreement entered into by and between you and the Company, effective March 17, 2017 (the “Employment Agreement”). In consideration of the terms and conditions and promises contained in this Agreement, and for other good and valuable consideration, the sufficiency of which is acknowledged, you and Perma-Pipe (collectively the “Parties”) agree as follows:
