AGREEMENT
Exhibit 10.4
BETWEEN :
SAMSONITE EUROPE N.V., having its registered office at 9700 Oudenaarde (Belgium), Westering 17;
Hereinafter referred to as the “COMPANY”;
Represented for the purpose of the present agreement by Xx. Xxxxxxx X. XXXXX, director, and Xx. Xxxx XXXXXX, director.
AND :
Xx. Xxxxxxxx XXXXXXX, having his residence at Xxxxxxxxxxxxx 00 X0, X-0000 Xxxx, Xxxxxxx;
Hereinafter referred to as “Xx XXXXXXX”.
WHEREAS Xx. XXXXXXX and the COMPANY entered into a consulting agreement on 3 March 2004 regarding the rendering by Xx. XXXXXXX of regular consulting services to the COMPANY and its affiliated companies as designated from time to time (the “Consulting Agreement”);
WHEREAS the company and Xx. XXXXXXX wish to hereby terminate the Consulting Agreement;
IT HAS BEEN AGREED UPON AS FOLLOWS :
The COMPANY and Xx. XXXXXXX hereby explicitly agree that the Consulting Agreement shall be cancelled ab initio by this agreement. The COMPANY and Xx. XXXXXXX acknowledge and accept that each party never had nor shall have any obligation regarding the other party on the basis of the Consulting Agreement.
Drafted in two originals in Oudenaarde on May 11, 2005. Both parties acknowledge receipt of an original copy duly signed by both parties.
/s/ Xxxxxxxx Xxxxxxx |
|
|
XXXXXXXX XXXXXXX |
||
(“read and approved”) |
||
|
||
|
||
SAMSONITE EUROPE N.V. |
||
(“read and approved”) |
||
|
||
|
||
By: |
/s/ Xxxxxxx X. Xxxxx |
|
XXXXXXX X. XXXXX, Director |
||
|
||
|
||
By: |
/s/ Xxxx Xxxxxx |
|
XXXX XXXXXX, Director |
2