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EXHIBIT 10.12
TERMINATION AGREEMENT
This
Termination Agreement ("Agreement") is effective as of March 31,
2004
(the "Effective Date"), by and between
David W. Quinn, an individual residing in
Dallas County, Texas ("Quinn"), and Centex
Corporation, a Nevada corporation,
with offices in Dallas County, Texas
("Centex"). Quinn and Centex are
collectively referred to as "Parties" and
individually as "Party."
RECITALS
WHEREAS,
the Parties entered into a Consulting Agreement dated March 31,
2002 (the "Consulting Agreement") under
which Centex retained Quinn as a
consultant to assist Centex and its
Affiliates a variety of matters; and
WHEREAS,
the Parties now desire to mutually terminate the Consulting
Agreement.
NOW,
THEREFORE, in view of the foregoing premises and in consideration
of
the mutual promises and covenants contained
in the Agreement, Quinn and Centex
agree as follows:
ARTICLE 1. DEFINITIONS
Capitalized terms used herein shall have the meaning as provided in
the
Consulting Agreement, unless as otherwise
set forth below.
ARTICLE 2. TERMINATION OF CONSULTING
AGREEMENT
2.1
Subject to the terms and conditions of this Agreement, as of
the
Effective Date, the Parties hereby
terminate the Consulting Agreement and any
and all rights, obligat
