Name of Executive: Daniel J. Waibel Position: President, Orion Asset Management Division Fiscal Year 2009 Base Salary: $225,000 Effective Date of Agreement: August 14, 2008 Initial Term: Effective Date Through March 31, 2009 Renewal Periods are: One...Executive Employment and Severance Agreement • August 14th, 2008 • Orion Energy Systems, Inc. • Electric lighting & wiring equipment • Wisconsin
This Agreement (“Agreement”) is between the Executive named above (“Executive”), on the one hand, and Orion Energy Systems, Inc. (“Orion” and, together with its subsidiaries, the “Company”), on the other.
