WITNESSETHSettlement Agreement • November 13th, 2002 • American Vantage Companies • Services-management services • Nevada
RECITALSEmployment Agreement • November 13th, 2002 • American Vantage Companies • Services-management services • Nevada
WITNESSETHSettlement Agreement • November 13th, 2002 • American Vantage Companies • Services-management services • Nevada
RECITALSEmployment Agreement • November 13th, 2002 • American Vantage Companies • Services-management services • Nevada
AMERICAN VANTAGE COMPANIES 7674 WEST LAKE MEAD BOULEVARD, SUITE 108 LAS VEGAS, NEVADA 89128Employment Agreement • November 13th, 2002 • American Vantage Companies • Services-management services
This letter shall serve to confirm and memorialize our agreement that the option (the "April 2002 Option") granted to you pursuant to Paragraph 5(c)(ii) of the Employment Agreement, dated as of April 1, 2002 (the "Employment Agreement"), between American Vantage Companies ("AVC") and you, to purchase 28,470 shares of common stock of AVC at a purchase price of $2.49 per share, exercisable commencing on April 1, 2002 and expiring on March 31, 2012, as evidenced by the Incentive Stock Option Agreement, dated April 1, 2002, between AVC and you, has been cancelled, voided and nullified, effective as of July 31, 2002; and you agree that you shall have no further right to purchase shares of AVC's common stock pursuant to Paragraph 5(c)(ii) of the Employment Agreement.
Exhibit 4.1 THIS WARRANT AND ANY SECURITIES ACQUIRED UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES NOR ANY...Warrant Agreement • November 13th, 2002 • American Vantage Companies • Services-management services
AMERICAN VANTAGE COMPANIES 7674 WEST LAKE MEAD BOULEVARD, SUITE 108 LAS VEGAS, NEVADA 89128Employment Agreement • November 13th, 2002 • American Vantage Companies • Services-management services
This letter shall serve to confirm and memorialize our agreement that the option (the "April 2002 Option") granted to you pursuant to Paragraph 5(c)(ii) of the Employment Agreement, dated as of April 1, 2002 (the "Employment Agreement"), between American Vantage Companies ("AVC") and you, to purchase 9,269 shares of common stock of AVC at a purchase price of $2.49 per share, exercisable commencing on April 1, 2002 and expiring on March 31, 2012, as evidenced by the Incentive Stock Option Agreement, dated April 1, 2002, between AVC and you, has been cancelled, voided and nullified, effective as of July 31, 2002; and you agree that you shall have no further right to purchase these 9,269 shares of AVC's common stock pursuant to Paragraph 5(c)(ii) of the Employment Agreement.
AMERICAN VANTAGE COMPANIES 7674 WEST LAKE MEAD BOULEVARD LAS VEGAS, NEVADA 89128Employment Agreement • November 13th, 2002 • American Vantage Companies • Services-management services
This letter shall serve to confirm and memorialize my agreement, in my capacity as Chairman of the Compensation Committee (the "Compensation Committee") of the Board of Directors of American Vantage Companies ("AVC"), with you, in your capacity as an officer and employee of AVC, that, notwithstanding the terms of paragraph 2(c) of the Employment Agreement, dated as of April 1, 2002 (the "Employment Agreement"), between AVC and you, that the term of the Employment Agreement be extended until November 30, 2002 on the same terms and conditions as are set forth in the Employment Agreement, with the exception of said paragraph 2(c). It is agreed among us that the reason for such extension is provide AVC, acting through the Compensation Committee, and you ample time to negotiate, execute and deliver a new employment agreement between AVC and you for a term to expire on March 31, 2005, or such other date as may mutually be agreed upon.
