EXHIBIT 10.9
MEMORANDUM
TO : XXXXX XXXXXX
FROM : XXXXXX X XXXXX
DATE : 21 NOVEMBER, 1996
RE : FAI HOME SECURITY
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As you know, we don't pay Xxxx Xxxxxx a salary any longer as I would like him to
be rewarded only on commission. We have been discussing for several months the
level of that commission and I recently agreed that he should receive $25.00 per
unit sold.
This incorporates Xxxx personally looking after all the overheads of the Head
Office division, meaning that we have effectively outsourced the management of
FAI Home Security to Xxxx Xxxxxx'x private company. That means - himself, his
various secretaries and a few other individuals will be taken off the FAI
payroll.
I calculated that this basically costs us $10.00 per sale and therefore could
you make sure exactly who is covered by this new outsourcing arrangement so that
no problems/misunderstandings are created.
I would like this to be effective from 1st July, 1996 and before any payment is
made to Xxxx could you please advise me what this amounts to.
/s/ XXXXXX X XXXXX
XXXXXX X XXXXX