API Technologies Corp. January 9, 2011Employment Agreement • April 14th, 2011 • API Technologies Corp. • Semiconductors & related devices • New York
As you are aware, API Technologies Corp. (“API” or the “Company”) and SenDEC Corporation (“SenDEC”), along with certain other signatories, are entering into an Agreement and Plan of Merger dated January 9, 2011, providing for the acquisition of SenDEC by a wholly owned subsidiary of API (the “Acquisition”). Subject to the closing of the Acquisition, we are pleased to offer you a position with SenDEC as its Chief Executive Officer, starting on the closing date of the Acquisition. In your position, you will report to Brian Kahn, Chairman of API. Your services hereunder will initially be performed at SenDEC’s principal place of business located in Fairport, NY, except for reasonable travel required in connection with the performance of your duties for SenDEC.
