Limited Waiver With Respect to Third Amended and Restated Credit Agreement (November 18th, 2005)
This LIMITED WAIVER WITH RESPECT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this Waiver) is entered into as of this 18th day of November, 2005, by NAVARRE CORPORATION, a Minnesota corporation (Borrower), the Credit Parties signatory hereto, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, as agent (the Agent) for itself and the Lenders under and as defined in the Credit Agreement (as hereinafter defined), and the Requisite Lenders. Unless otherwise specified herein, capitalized terms used in this Waiver shall have the meanings ascribed to them by the Credit Agreement.
Contract (June 29th, 2004)
Exhibit 10.41 April 30, 2004 PERSONAL AND CONFIDENTIAL Mr. Charles E. Cheney 4316 Lake Point Ct. Shoreview, MN 55126 Re: Separation Agreement and Release Dear Chuck: As you know, your employment with Navarre Corporation ("Navarre") will terminate effective today, April 30, 2004 due to your resignation. The purpose of this Separation Agreement and Release letter ("Agreement") is to set forth the specific separation pay and benefits that Navarre will provide you in exchange for your agreement to the terms and conditions of this Agreement. By your signature below, you agree to the following terms and conditions: 1. End of Employment. Your employment with Navarre ended effective today, April 30, 2004. Pursuant to your Employment Agreement dated October 1, 1996, as amended, Navarre will provide the following payments and benefits to you: a. Four Hundred Seventy Thousand and no/00 Dollars ($470,000), less applicable deductions and withholding, which