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letter agreement

Executive Employment Agreement

letter agreement | Document Parties: ELECTRONIC SENSOR TECHNOLOGY, INC You are currently viewing:
This Executive Employment Agreement involves

ELECTRONIC SENSOR TECHNOLOGY, INC

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Title: letter agreement
Governing Law: Nevada     Date: 10/7/2005

letter agreement, Parties: electronic sensor technology  inc
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[GRAPHIC OMITTED]

 

Electronic                                         1077 Business Center Circle

Sensor                                             Newbury Park, California 91320

Technology                                         Tel. (805) 480-1994

                                                   FAX (805) 480-1984

 

October 3, 2005

 

 

 

James Frey

1305 Ballantre Court

McClean, VA 22101

 

 

Dear Jim:

 

 

          On February 21, 2005, you entered into a letter agreement with

Electronic Sensor Technology, Inc., a Nevada Corporation (the "Company"),

pursuant to which the Company appointed you to the position of Chairman of the

Board of Directors for the Company for a two year term (the "Letter Agreement").

To induce you to serve as Chairman of the Board of Directors of the Company, the

Company made certain assurances to you regarding equity compensation

("Assurances") and purported to execute on those assurances by means of the

Letter Agreement. Following the execution and delivery of the Letter Agreement,

each of you and the Company


 
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