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EXHIBIT 10.1
Summary of Employment Agreements
September 30, 2004
Length of Severance Period | ||||||||||||
Employee | Title | Termination | Change of Control | |||||||||
Bahram Akradi | CEO | NA | NA | |||||||||
Mike Gerend | EVP | 18 mos. | 21 mos | |||||||||
Mike Robinson | EVP | 18 mos. | 21 mos | |||||||||
Steve Rowland | Pres | 18 mos. | 21 mos | |||||||||
Mike Brown | SVP | 18 mos. | 12 mos. | |||||||||
Eric Buss | SVP | 18 mos. | 12 mos. | |||||||||
Mark Zaebst | SVP | 18 mos. | 12 mos. | |||||||||
Jeff Zwiefel | SVP | 18 mos. | 12 mos. |
Non-compete term of 18 months across all employees in the event of a “Termination” situation and 24 months across all employees in the event of a “Change of Control” situation.