RECITALSRockford Corp • March 28th, 2007 • Household audio & video equipment • Michigan
DEFINITIVE SETTLEMENT AGREEMENT between DAVID FIORI, JR. and ROCKFORD CORPORATION February 22, 2007Definitive Settlement Agreement • March 28th, 2007 • Rockford Corp • Household audio & video equipment • Pennsylvania
This Definitive Settlement Agreement (“Agreement”) is made and entered into by David Fiori, Jr., a resident of Bensalem, Pennsylvania, and his wholly owned companies, Integrated Electronic Technologies and Anamir and Rockford Corporation, a corporation organized under the laws of Arizona and having its principal place of business at 600 S. Rockford Drive, Tempe, Arizona (“Rockford”). Each of Fiori and Rockford is a “Party” and collectively they are the “Parties”.
SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVERLoan and Security Agreement and Waiver • March 28th, 2007 • Rockford Corp • Household audio & video equipment • California
THIS SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER (this “Amendment”), dated as of March ___, 2007, is entered into among WACHOVIA CAPITAL FINANCE CORPORATION (WESTERN), a California corporation formerly known as Congress Financial Corporation (Western) (“Agent”), as administrative and collateral agent for the Lenders party to the Loan Agreement (as defined below) from time to time (“Lenders”), WACHOVIA CAPITAL FINANCE CORPORATION (WESTERN), a California corporation formerly known as Congress Financial Corporation (Western), as a Lender (“Wachovia”), ROCKFORD CORPORATION, an Arizona corporation (“Borrower Agent”), and AUDIO INNOVATIONS, INC., an Oklahoma corporation (“AII” and together with Rockford, collectively, “Borrowers”).
RETIREMENT AND SALARY CONTINUATION AGREEMENTRetirement and Salary Continuation Agreement • March 28th, 2007 • Rockford Corp • Household audio & video equipment • Arizona
This Agreement affects an agreeable termination in connection with retirement of the employment relationship between Mr. W. Gary Suttle (“MR. SUTTLE”) and ROCKFORD CORPORATION (“EMPLOYER”), as well as resolution of any claims, known and unknown, now existing between the parties. The terms of this agreement are as follows:
