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Title: |
Letter Agreement |
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Entities: |
Color Imaging, Inc.; Michael W. Brennan |
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Date: |
2002 |
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Size: |
2KB total |
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Price: |
$32 |
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ID: |
#229492 |
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June 10, 2002
Board of Directors
Color Imaging, Inc.
4350 Peachtree Industrial Blvd, Suite 100
Norcross, GA 30071
Gentlemen:
In connection with my resignation as Chairman and Chief Executive Officer of the
company this date, it is my understanding that my employment contract with the
Company made June 28, 2000, has, by my resignation, been amended to: (1) reflect
my current position as Chairman and Chief Executive Officer of Logical Imaging
Solutions, Inc. with the duties and responsibilities in connection therewith;
(2) that my current salary and benefits will continue as they are now through
June 10, 2003, and unless otherwise extended by the Company shall terminate on
that date without notice; and (3) notwithstanding the modification of the term
of the agreement hereby, that this amendment does not constitute a guarantee of
employment by the Company or Logical Imaging Solutions, Inc. for any fixed
period. However, in the event my employment is terminated by me or the Company
prior to June 10, 2003, my current salary and benefits will continue through
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