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EXHIBIT 6.22
AGREEMENT FOR RETIREMENT OF KCD HOLDINGS OPTION SHARES,
DATED SEPTEMBER 12, 1996, BY AND BETWEEN THE COMPANY AND XXXXXX XXXXXXXX
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September 12, 1996
Xx. Xxxxxx Xxxxxxxx
0000 Xxxxxxxxx Xxxx, Xxxxx 000
Xxxxxxxx Xxxxxxx, XX 00000
Re: Retirement of KCD Holdings ("KCD") Option Shares
Dear Xxxxxx:
In connection with your agreement to tender to KCD for retirement the
250,000 shares of KCD common stock issued to you upon exercise of "Option 1"
under paragraph 4.1.1 of your Employment Agreement with KCD dated July 1, 1995,
KCD has agreed to extend the Option 1 exercise period through and including the
expiration of the Option 2 exercise period set forth in paragraph 4.1.1 of your
Employment Agreement.
If you are in agreement with the foregoing, please act to countersign this
letter where indicated hereinbelow and return same to KCD.
Sincerely,
KCD HOLDINGS INCORPORATED
Wellington Ewen, President
AGREED AND ACCEPTED:
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Xxxxxx Xxxxxxxx
