0001047469-99-038336 Sample Contracts

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August 2, 1999 Mr. Don vonLiebermann 54 Kellogg Hill Road Weston, Connecticut 06883 Dear Mr. vonLiebermann: Reference is hereby made to your employment agreement with CutCo Industries, Inc. (the "Company") dated as of October 15, 1998, as amended as...
Severance Agreement • October 12th, 1999 • Cutco Industries Inc • Services-personal services

This letter is being delivered to induce you to resign your employment as an officer and employee of the Company. In lieu of any severance or termination of employment payments or other compensation you may be entitled to receive under the Employment Agreement following termination of employment after a change of control of the Company, you agree to accept the sum of $100,000 in full satisfaction of any such, or any other, compensation and severance claims.

August 2, 1999 Mr. Marvin Marcus 45 Cardinal Drive East Hills, New York 11576 Dear Mr. Marcus: Reference is hereby made to your employment agreement with CutCo Industries, Inc. (the "Company") dated as of October 15, 1998, as amended as of April 1,...
Employment Agreement • October 12th, 1999 • Cutco Industries Inc • Services-personal services

This letter is being delivered to induce you to resign your employment as an officer and employee of the Company. In lieu of any severance or termination of employment payments or other compensation you may be entitled to receive under the Employment Agreement following termination of employment after a change of control of the Company, you agree to accept the sum of $100,000 in full satisfaction of any such, or any other, compensation and severance claims.

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