0000950153-04-002497 Sample Contracts

EMPLOYMENT AGREEMENT DATED AS OF DECEMBER 10, 2004 BETWEEN ACTION PERFORMANCE COMPANIES, INC. AND FRED W. WAGENHALS
Employment Agreement • December 14th, 2004 • Action Performance Companies Inc • Wholesale-misc durable goods • Arizona

EMPLOYMENT AGREEMENT dated as of the 10th day of December, 2004 by and between ACTION PERFORMANCE COMPANIES, INC., an Arizona corporation (“Employer”) and FRED W. WAGENHALS (“Executive”). For purposes of paragraphs 8, 9, and 10 of this Agreement, the term “Employer” shall include each of Employer’s subsidiaries and operating divisions.

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SEVERANCE AGREEMENT AND GENERAL RELEASE
Severance Agreement • December 14th, 2004 • Action Performance Companies Inc • Wholesale-misc durable goods • Arizona

This Severance Agreement and Release of All Claims (hereinafter “Agreement”) is made and entered into by and between ACTION PERFORMANCE COMPANIES, INC., a corporation organized under the laws of the state of Arizona (hereinafter referred to as “Employer”), and R. DAVID MARTIN (hereinafter referred to as “Employee”).

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