Interim Employment Agreement between American Pacific Corporation and Dana M. Kelley

Summary

American Pacific Corporation has appointed Dana M. Kelley as Interim Chief Financial Officer, effective March 27, 2006. Ms. Kelley will report to the President & CEO, John R. Gibson, and perform all CFO duties. Her annual salary is $170,000, with no change to her existing employment benefits, which include various insurance coverages, pension, and 401(k) plans. She is also granted three weeks of vacation. The agreement is signed by both parties on May 9, 2006.

EX-10.2 3 p72362exv10w2.htm EXHIBIT 10.2 exv10w2  

Exhibit 10.2
INTERIM EMPLOYMENT AGREEMENT
     American Pacific Corporation and Dana M. Kelley, Director of Finance, have entered into an agreement that Ms. Kelley will serve, on an interim basis, as Chief Financial Officer of the Corporation, effective March 27, 2006.
     In this position, Ms. Kelley will report to John R. Gibson, President & CEO and will perform all the duties associated with the position of Chief Financial Officer.
Ms. Kelley’s salary and employment benefits remain the same
         
 
  Salary:   $170,000 annual
 
 
  Benefits:   No charge insurance: medical, dental, vision, prescription drug, long term disability, business travel and life. Other benefits such as defined benefit pension plan and 401(k) plan as provided by the Company.
 
 
      The Company will grant three weeks vacation.
     
 
   
John R. Gibson
  Dana M. Kelley
President & CEO
  Interim CFO & Director, Finance
 
   
May 9, 2006
  May 9, 2006
 
   
        Date
          Date