Aeire Corp

Material Contracts Filter

EX-10
from 8-K ~20 pages Asset Purchase Agreement
12/34/56
EX-10.12
from 10-K 1 page Thursday, May 19, 1994 Mr. John Alexanderson 61 Bartlett Hill Concord, Ma 01742 Dear John: Alden Is Pleased to Offer to You the Position of Manager, Weather Division, of Alden Electronics, Inc. the Salary Will Be $125,000 Base and $25,000 Incentive Per Year. the Incentive Portion Will Be Payable Based on a Set of Mutually Agreed Upon Goals and Objectives. Subject to Board of Director's Approval, We Will Grant to You 15,000 Stock Options That Vest as Follows: 4200 at the End of 12 Months and 300 Per Month for the Next 36 Months. These Options Have a 10 Year Term. Alden Offers a Choice of Medical and Dental Insurance Coverage Plans. Attached Is the Descriptive Literature for Our 3 Choices. You Will Need to Pay a Portion of the Cost of Coverage, Per the Attached Schedule. There Is a Non-Contributory 401k Plan, Details Attached. We Are in the Process of Revising Our Vacation and Sick Day Policy and Will Forward a Copy of Those Updated Policies as Soon as They Are Completed, Which Is Expected to Be in 2 to 3 Weeks. in the Event of Alden Terminating Your Employment for Other Than Good Cause, We Agree to Pay 3 Months of Base Pay as Severance, Payable Monthly; and an Additional 3 Months of Base Pay Payable Monthly, Until the Sooner of You Gain New Employment or the Additional 3 Months Is Over. We Understand and Agree That You Have a Long Standing Commitment to Assist a Company in the Area in an Advisory Capacity and Wish to Continue to Do So for About 2 Hours Per Month. It Is Understood That This Is Not a Competitive Situation. We Look Forward to Your Joining the Alden Electronics Team in the Very Near Future. Sincerely, /S/ Arnold A. Kraft - - Arnold A. Kraft President & CEO
12/34/56
EX-10.11
from 10-K 1 page November 15, 1995 Mr. Robert W. Wentworth 21 Holt Street Hopkinton, Ma 01748 Dear Bob: In Recognition of Your Continuing Contributions to Alden Electronics, We Are Pleased to Extend to You a Severance Arrangement as Follows, Should One Ever Be Needed. in the Event of Alden Terminating Your Employment for Other Than Good Cause, We Agree to Pay 6 Months of Base Pay as Severance, Payable Monthly; and an Additional 3 Months of Base Pay Payable Monthly, Until the Sooner of You Gain New Employment or the Additional 3 Months Is Over. Alden Electronics Will Also Pay Your Insurance Costs in the Amounts That Would Normally Be Paid to You as an Employee Until You Find New Employment or the Total of 9 Months Is Up. Sincerely, /S/ Arnold A. Kraft - - Arnold A. Kraft President & CEO
12/34/56
EX-10.6
from 10-K ~10 pages Material Contracts
12/34/56