EX-10.3
from 8-K
5 pages
Whereas, Executive Is an Employee of the Company and Is an Integral Part of Its Management; and Whereas, It Is in the Best Interest of the Company That Executive Continue in the Service of the Company Without the Benefits Which Would Accrue to Executive Pursuant to an Employment Agreement; and Whereas, the Company Wishes to Assure Itself of Continuity of Management During the Critical Period of Any Actual or Threatened Change in Control of the Company. Now, Therefore, It Is Hereby Agreed by and Between the Parties as Follows: 1. Employment Status
12/34/56
EX-10.3
from 8-K
5 pages
Whereas, Executive Is an Employee of the Company and Is an Integral Part of Its Management; and Whereas, It Is in the Best Interest of the Company That Executive Continue in the Service of the Company Without the Benefits Which Would Accrue to Executive Pursuant to an Employment Agreement; and Whereas, the Company Wishes to Assure Itself of Continuity of Management During the Critical Period of Any Actual or Threatened Change in Control of the Company. Now, Therefore, It Is Hereby Agreed by and Between the Parties as Follows: 1. Employment Status
12/34/56
EX-10.2
from 8-K
5 pages
Whereas, Executive Is an Employee of the Company and Is an Integral Part of Its Management; and Whereas, It Is in the Best Interest of the Company That Executive Continue in the Service of the Company Without the Benefits Which Would Accrue to Executive Pursuant to an Employment Agreement; and Whereas, the Company Wishes to Assure Itself of Continuity of Management During the Critical Period of Any Actual or Threatened Change in Control of the Company. Now, Therefore, It Is Hereby Agreed by and Between the Parties as Follows: 1. Employment Status
12/34/56
EX-10.1
from 8-K
5 pages
Whereas, Executive Is an Employee of the Company and Is an Integral Part of Its Management; and Whereas, It Is in the Best Interest of the Company That Executive Continue in the Service of the Company Without the Benefits Which Would Accrue to Executive Pursuant to an Employment Agreement; and Whereas, the Company Wishes to Assure Itself of Continuity of Management During the Critical Period of Any Actual or Threatened Change in Control of the Company. Now, Therefore, It Is Hereby Agreed by and Between the Parties as Follows: 1. Employment Status
12/34/56
EX-10
from 10-K
2 pages
A. "Cause" Shall Mean: (1) Proven or Admitted (A) Embezzlement, or (B) Material Dishonest Misuse of the Company Funds or Assets; (2) an Admitted or Proven Act Constituting a Felony or Misdemeanor (Other Than Minor Offenses Such as Traffic Violations) or Conviction for Such Act; (3) Continued Conduct Materially Adverse to the Interests of the Company Which Does Not Cease Within Thirty (30) Days of Written Notice From the Chief Executive Officer or Board of Directors of the Company; (4) Repeated Material Failure by You, After Written Warning by the Chief Executive Officer or Board of Directors of the Company, to Perform the Duties of Your Employment (Including Without Limitation Material Failure to Follow or Comply With the Reasonable and Lawful Written Directives of the Chief Executive Officer or Board of Directors of the Company); or (5) Breach of Any Statutory or Common Law Fiduciary Duty of Loyalty to the Company Which Is Not Cured Within Thirty (30) Days of Written Notice From the Chief Executive Officer or Board of Directors of the Company. B. “Company” Shall Mean Sono-Tek Corporation and Any Successor (Whether Direct or Indirect, by Purchase, Merger, Consolidation, Reorganization, or Otherwise) to All or Substantially All of the Business and/or Assets of Sono-Tek Corporation
12/34/56
EX-10
from 10-K
2 pages
A. "Cause" Shall Mean: (1) Proven or Admitted (A) Embezzlement, or (B) Material Dishonest Misuse of the Company Funds or Assets; (2) an Admitted or Proven Act Constituting a Felony or Misdemeanor (Other Than Minor Offenses Such as Traffic Violations) or Conviction for Such Act; (3) Continued Conduct Materially Adverse to the Interests of the Company Which Does Not Cease Within Thirty (30) Days of Written Notice From the Chief Executive Officer or Board of Directors of the Company; (4) Repeated Material Failure by You, After Written Warning by the Chief Executive Officer or Board of Directors of the Company, to Perform the Duties of Your Employment (Including Without Limitation Material Failure to Follow or Comply With the Reasonable and Lawful Written Directives of the Chief Executive Officer or Board of Directors of the Company); or (5) Breach of Any Statutory or Common Law Fiduciary Duty of Loyalty to the Company Which Is Not Cured Within Thirty (30) Days of Written Notice From the Chief Executive Officer or Board of Directors of the Company. B. “Company” Shall Mean Sono-Tek Corporation and Any Successor (Whether Direct or Indirect, by Purchase, Merger, Consolidation, Reorganization, or Otherwise) to All or Substantially All of the Business and/or Assets of Sono-Tek Corporation
12/34/56
EX-10
from 10-K
2 pages
A. "Cause" Shall Mean: (1) Proven or Admitted (A) Embezzlement, or (B) Material Dishonest Misuse of the Company Funds or Assets; (2) an Admitted or Proven Act Constituting a Felony or Misdemeanor (Other Than Minor Offenses Such as Traffic Violations) or Conviction for Such Act; (3) Continued Conduct Materially Adverse to the Interests of the Company Which Does Not Cease Within Thirty (30) Days of Written Notice From the Chief Executive Officer or Board of Directors of the Company; (4) Repeated Material Failure by You, After Written Warning by the Chief Executive Officer or Board of Directors of the Company, to Perform the Duties of Your Employment (Including Without Limitation Material Failure to Follow or Comply With the Reasonable and Lawful Written Directives of the Chief Executive Officer or Board of Directors of the Company); or (5) Breach of Any Statutory or Common Law Fiduciary Duty of Loyalty to the Company Which Is Not Cured Within Thirty (30) Days of Written Notice From the Chief Executive Officer or Board of Directors of the Company. B. “Company” Shall Mean Sono-Tek Corporation and Any Successor (Whether Direct or Indirect, by Purchase, Merger, Consolidation, Reorganization, or Otherwise) to All or Substantially All of the Business and/or Assets of Sono-Tek Corporation
12/34/56