EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2010 • Enable Holdings, Inc. • Retail-catalog & mail-order houses • Illinois
THIS EMPLOYMENT AGREEMENT (“Agreement”) dated and effective as of December 29, 2009 (the “Effective Date”), between Enable Holdings, Inc., a Delaware corporation, together with its affiliates, subsidiaries, successors and assigns (the “Company”) and Amy Powers, an individual (the “Executive”). This Agreement shall not be effective in any respect if the Company does not successfully complete the $3,750,000 private placement of the Company’s Series 1 Preferred Stock which it is undertaking immediately prior to the Effective Date.
AGREEMENTAgreement • March 31st, 2010 • Enable Holdings, Inc. • Retail-catalog & mail-order houses • Illinois
THIS AGREEMENT dated March 1, 2010 (this “Agreement”) is entered into by and among Patrick Neville (the “Executive”) and Enable Holdings, Inc. a Delaware corporation, together with its affiliates, subsidiaries and assigns (the “Company”).
Re: Separation Agreement and Release Dear Glenn:Enable Holdings, Inc. • March 31st, 2010 • Retail-catalog & mail-order houses • Illinois
As you know, your employment with Enable Holdings, Inc. (“the Company”) ended on July 29, 2009. Although not required to do so, the Company would like to offer you separation pay to ease your transition to new employment. The purpose of this Separation Agreement and Release letter (“Agreement”) is to set forth the specific separation pay that the Company will provide you in exchange for your agreement to the terms and conditions of this Agreement.
