0001181431-08-042789 Sample Contracts

Servotronics, Inc. Letterhead]
Servotronics Inc /De/ • July 10th, 2008 • Cutlery, handtools & general hardware

This letter will also confirm your agreement and that of the Company (pursuant to a resolution of the Board of Directors passed at a meeting held on July 3, 2008) to (i) amend Paragraph 1 of the Amended Agreement to delete "July 1, 2012" and insert in its place "July 1, 2013" and (ii) amend Paragraph 3 of the Amended Agreement to delete "$250,000" and insert in its place "$275,000" (to be effective May 1, 2008) subject to your acceptance which will be indicated by your signature below.

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Servotronics, Inc. Letterhead]
Servotronics Inc /De/ • July 10th, 2008 • Cutlery, handtools & general hardware

This letter will also confirm your agreement and that of the Company (pursuant to a resolution of the Board of Directors passed at a meeting held on July 3, 2008) to amend Paragraph 3 of the Amended Agreement to delete "$420,500" and insert in its place "$462,550" (to be effective May 1, 2008) subject to your acceptance which will be indicated by your signature below.

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