LETTER DATED JULY 23, 2003 ACKNOWLEDGING TERMINATION OF PREVIOUS SUPPLEMENTAL COMPENSATION AGREEMENT BETWEEN KREISLER MANUFACTURING CORPORATION AND WALLACE KELLY (JULY 11, 2001) AND NEW SUPPLEMENTAL COMPENSATION AGREEMENTCompensation Agreement • September 25th, 2003 • Kreisler Manufacturing Corp • Aircraft engines & engine parts
Wallace N. Kelly will receive $110,000.00 additional compensation on February 15, 2004 as a continuation bonus for his additional services including transitioning a new COO.
