EXHIBIT 10.5 November 15, 2004 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 14,...Cohesant Technologies Inc • February 3rd, 2005 • General industrial machinery & equipment
Company FiledFebruary 3rd, 2005 IndustryThis letter confirms that, pursuant to action of the Board of Directors on November 14, 2004, your Base Salary (as defined in the Employment and Confidentiality Agreement Dated December 1, 2001) was increased to $175,000 per annum, effective December 1, 2004.