George Holley, Chairman Home Diagnostics, Inc. 2400 NW 55th Court Fort Lauderdale, Fl 33309 RE: Employment Agreement dated November 6, 2008, by and between J. Richard Damron, Jr. and Home Diagnostics, Inc. (the “Company”) Dear George:
February 19, 2009
Xxxxxx Xxxxxx, Chairman
Home Diagnostics, Inc.
0000 XX 00xx Xxxxx
Xxxx Xxxxxxxxxx, Xx 00000
RE: Employment Agreement dated November 6, 2008, by and between J. Xxxxxxx Xxxxxx, Xx. and Home Diagnostics, Inc. (the “Company”)
Dear Xxxxxx:
As requested in your letter, dated February 18, 2009, I hereby resign my positions as President, Chief Executive Officer and Director of the Company effective February 23, 2009, in order to effectuate the transition of such positions to Xxxxxx Xxxxxx.
As set forth in your letter, I will be receiving notice pursuant to Section 2 of my employment agreement (Term of the Agreement), informing me that my last day of employment will be March 31, 2009. In addition, as requested, I will make myself available in the office on the morning of February 23, 2009 and subsequently via telephone for consultations and/or occasional meetings should the need arise. Pursuant to the terms of the Agreement, I will deliver the Release in exchange for payment in accordance with Agreement.
Sincerely,
/s/ J. Xxxxxxx X. Xxxxxx, Xx.
J. Xxxxxxx Xxxxxx, Xx.
