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Document Preview Letter Agreement Re: Employment Agreement |
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Title: |
Letter Agreement Re: Employment Agreement |
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Entities: |
ATI Technologies Inc.; FARO Technologies, Inc.; SMTC Corporation; John E. Caldwell |
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Date: |
2004 |
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Size: |
Preview shows 3KB of 8KB total |
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Price: |
$38 |
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ID: |
#249059 |
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[LETTERHEAD OF SMTC CORPORATION]
October 16, 2003
Mr. John E. Caldwell
26 York Ridge Road
Toronto, Ontario
M2P 1R7
| Re: | Employment Agreement |
Dear Mr. Caldwell:
This letter sets forth the terms and conditions of your employment with SMTC Corporation, a Delaware corporation (the Company) to be effective as of the date hereof (the Effective Date).
1. Employment and Services. You shall be employed as the President and Chief Executive Officer of the Company and its subsidiaries (the SMTC Group) for the period beginning on the Effective Date and ending on February 16, 2004 or on such earlier date as your employment is terminated pursuant to paragraph 4 hereof (the Employment Period). The Employment Period may be extended for successive terms upon mutual agreement between you and the Company. If you and the Company agree to continue your employment on a permanent basis, a new employment agreement will be executed that will supercede this Agreement.
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