SEVERANCE COMPENSATION AGREEMENT Dates as of September 9, 2003 COMARCO, Inc. corporation (the “Company”) and Daniel R. Lutz (the “Executive”)Severance Compensation Agreement • May 17th, 2004 • Comarco Inc • Radio & tv broadcasting & communications equipment • California
This Agreement sets forth the severance compensation which the Company agrees it will pay to the Executive if the Executive’s employment with the Company terminates under one of the circumstances described herein following a “Change in Control” of the Company (as defined in Section 2).
