Halifax Corp Of Virginia (HALX) 10-K 2003 FY Annual report

EXHIBIT 10.14

TO:	Hugh Foley
FROM:	Charles McNew
DATE:	January 17, 2003
RE:	Severance

The following termination/separation arrangements are being extended to you in the event of your separation from the Company.

In the event your employment is terminated without cause, the Company will continue to pay your salary for six (6) months from the date of termination. If you decide to leave Halifax or your employment is terminated for cause, you will be paid your salary and any earned incentive compensation up to the last day of employment.

“Cause” as used above is defined as:

A good faith finding by the Company of your failure to perform the duties reasonably assigned to you; dishonesty, gross negligence or misconduct, or your conviction, or your entry of a pleading of guilty or nolo contrendre, to any crime involving moral turpitude or any felony.