EXHIBIT 10.5 November 10, 2003 Mr. Morris H. Wheeler Chief Executive Officer Cohesant Technologies Inc. 5845 West 82nd Street Indianapolis, IN 46278 Dear Morris: This letter confirms that, pursuant to action of the Board of Directors on November 9,...Cohesant Technologies Inc • January 30th, 2004 • General industrial machinery & equipment
Company FiledJanuary 30th, 2004 IndustryThis 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.