Common Contracts
2 similar null contracts by CalAmp Corp., Creative Solutions With Art, Inc.
Exhibit 10.1 June 10, 2008 Mr. Patrick Hutchins [Address] Dear Pat: This letter confirms our agreement that you will resign your positions as Satellite Division President, Chief Operations Officer and an employee of CalAmp Corp. (the "Company"),...CalAmp Corp. • June 16th, 2008 • Radio & tv broadcasting & communications equipment
This letter confirms our agreement that you will resign your positions as Satellite Division President, Chief Operations Officer and an employee of CalAmp Corp. (the "Company"), effective June 11, 2008 (the "Separation Date") to pursue other interests. Your signature below will constitute your resignation. In addition to being paid all salary earned and vacation accrued through the Separation Date, the Company will pay you separation benefits by continuing your current salary payments on a weekly basis for 12 months through June 11, 2009 in accordance with Section 6(d) of your Employment Agreement dated May 31, 2002 (the "Employment Agreement"). The Company will also pay your premiums for participation in the Company's group medical insurance program until June 11, 2009 or the date that you begin full-time employment with another employer, whichever occurs first (the "Medical Insurance Coverage Period"), and during the Medical Insurance Coverage Period you shall continue to be eligible
CREATIVE SOLUTIONS WITH ART, INC. 32C Hadley Village Road South Hadley, Massachusetts 01075 (413) 532-4838Creative Solutions With Art, Inc. • June 30th, 2005 • Services-management consulting services
Creative Solutions with Art, Inc. (the "COMPANY") plans to enter into a reverse merger transaction (the "REVERSE MERGER") with GlobalOptions, Inc., a privately-held risk mitigation and security firm ("GLOBALOPTIONS"), concurrently with a private placement of a minimum of $7,500,000 of Units, each Unit consisting of one share of series A convertible preferred stock and a warrant to purchase 125 shares of common stock (the "FUNDING TRANSACTIONS") of the Company. At the closing of the Funding Transactions, the Company will succeed to and operate the business of GlobalOptions under the current management of GlobalOptions. We currently expect to close these Funding Transactions on or around June 22, 2005.
