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AMENDMENT NO. 2 TO SEVERANCE AGREEMENT

Termination Severance Agreement

AMENDMENT NO. 2 TO SEVERANCE AGREEMENT | Document Parties: FORCE PROTECTION INC You are currently viewing:
This Termination Severance Agreement involves

FORCE PROTECTION INC

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Title: AMENDMENT NO. 2 TO SEVERANCE AGREEMENT
Governing Law: South Carolina     Date: 3/26/2009
Industry: Aerospace and Defense     Sector: Capital Goods

AMENDMENT NO. 2 TO SEVERANCE AGREEMENT, Parties: force protection inc
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Exhibit 10.83

 

AMENDMENT NO. 2

TO

SEVERANCE AGREEMENT

 

This Amendment No. 2 (this “ Amendment ”), dated as of January 12, 2009, amends that certain Severance Agreement (the “ Agreement ”) entered into on March 24, 2008, by and between Force Protection, Inc., a Nevada corporation (the “ Company ”), and Lenna Ruth Macdonald (the “Executive”).

 

WHEREAS, in order to correct a “scrivener’s error in the language in Section 5 of the Agreement, the Company and the Executive desire to enter into this Amendment to amend certain provisions of the Agreement.

 

NOW, THEREFORE, for and in consideration of the promises and the mutual covenants and agreements in the Agreement and herein, the Company and the Executive hereby agree as follows:

 

1.                                        Capitalized Terms .   Capitalized terms that are not defined in this Amendment shall have the meanings ascribed thereto in the Agreement.

 

2.                                        Section 5 of the Agreement is amended in its entirety to read as follows:

 

“5.                                  Payments Upon Non-Qualifying Termination of Employment


 
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