May 24, 2010 Michael Schlehr Re: Separation Agreement Dear Mike:Independent Consulting Agreement • July 28th, 2010 • Iec Electronics Corp • Printed circuit boards • New York
This letter will summarize the agreement between you and IEC Electronics Corp. (the “IEC” or “Company”) with respect to all issues relating to your cessation of employment with the Company. This letter supersedes the severance arrangements set forth in your original letter of employment.
