[NORTHLAND CRANBERRIES, INC. LETTERHEAD]
JOHN SWENDROWSKI
CHAIRMAN & CEO
December 7, 1998
Mr. Scott R. Corriveau
617 Fallen Branch Drive
McKinney, Texas 75070
Dear Scott:
This letter will confirm your employment at-will as President-Branded
Division of Northland Cranberries, Inc. (the "Company") effective as of today.
Your salary will be $200,000 per year subject to upward adjustment. You will be
entitled to participate in benefit plans applicable to similarly-situated
executive officers of the Company prior to your resignation or termination. In
the event your employment is terminated by the Company without "just cause," as
defined below, you will be entitled to a lump sum payment in cash from the
Company within 5 days of the effective date of such termination equal to your
annual salary at the time of such termination divided by two (but in no event
less than $100,000). Additionally, you agree that if you are terminated or
resign, you will not engage in business activities which compete with the
Company for a period of six months from the date of your termination or
resignation.
For purposes of this letter, "just cause" shall include (i) your
engaging in conduct which has (a) caused financial injury to the Company, (b)
caused injury to the Company's reputation, or (c) violated Company policy with
regard to discrimination or harassment; (ii) your conviction of a felony; and
(iii) your continuing willful and unreasonable refusal to perform your duties or
responsibilities as specified by the Board of Directors or me.
Sincerely,
/s/ John Swendrowski
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John Swendrowski
Chairman and CEO
Agreed to and Accepted this 7th day of December, 1998
/s/ Scott R. Corriveau
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Scott R. Corriveau