SEVERANCE AGREEMENT Dated as of December 1, 2003 between Bell Industries, Inc., a California corporation (the “Company”), and Russell A. Doll (“Executive”)Severance Agreement • November 15th, 2004 • Bell Industries Inc /New/ • Wholesale-electronic parts & equipment, nec • California
This Agreement sets forth the severance compensation, which the Company agrees it will pay Executive if Executive’s employment with the Company should terminate for any reason other than for “Cause”.
