AGREEMENTEmployment Agreement • September 1st, 2004 • Kaiser Group Holdings Inc • Hazardous waste management • Delaware
BROOMFIELD, CO September 1, 2004 - Kaiser Group Holdings, Inc. (OTCBB: KGHI) announced today that John T. Grigsby, Jr. has decided to resign as Chief Executive Officer of the Company effective when a successor is named, probably in September. Mr. Grigsby is also resigning as a member of the Board of Directors of Kaiser Group Holdings and the Board of Managers of Kaiser-Hill Company, LLC. Mr. Grigsby will remain available to consult with the Company over the next year.
