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TERMINATION AGREEMENT - ROMAN BRISKIN

Termination Agreement

TERMINATION AGREEMENT - ROMAN BRISKIN | Document Parties: AESP INC You are currently viewing:
This Termination Agreement involves

AESP INC

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Title: TERMINATION AGREEMENT - ROMAN BRISKIN
Date: 4/8/2005
Industry: Computer Peripherals     Sector: Technology

TERMINATION AGREEMENT - ROMAN BRISKIN, Parties: aesp inc
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EXHIBIT 10.2

TERMINATION AGREEMENT

     This Termination Agreement (“Agreement”) is made and entered into as of the 31 st day of March, 2005 (“Effective Date”), by and between AESP, Inc., f/k/a Advanced Electronic Support Products, Inc. (“AESP”), a Florida corporation, and Roman Briskin (“Briskin”).

      WHEREAS, AESP and Briskin are parties to that certain Employment Agreement, dated February 19, 1997 (“Employment Agreement”); and

      WHEREAS, AESP and Briskin have agreed that the Employment Agreement shall be terminated effective as of the Effective Date; and

      WHEREAS, notwithstanding the termination of the Employment Agreement, Briskin shall continue as an at-will employee of AESP following the Effective Date.

      NOW, THEREFORE, in consideration of the foregoing, the parties hereto agree as follows:

1.    

The Employment Agreement is hereby terminated, effective as of the Effective Date. As of such date, the parties hereby release each other from any and all obligations under the Employment Agreement.

 

2.    

Notwithstanding the termination of the Employment Agreement pursuant to this Agreement, following the Effective D


 
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