Employment Arrangement and Resignation Agreement between Atlanticus Holdings Corporation and Richard R. House, Jr.
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Summary
Atlanticus Holdings Corporation and Richard R. House, Jr. have agreed that Mr. House will resign as President and Board member effective March 31, 2014. In return for completing ongoing projects through August 31, 2014, the company will continue to pay his current monthly salary and maintain his insurance coverage until that date.
EX-10.1 2 exhibit101.htm EMPLOYMENT ARRANGEMENT Exhibit 10.1
Exhibit 10.1
Employment Arrangements with Richard R. House, Jr.
On February 21, 2014, Richard R. House, Jr. announced his resignation as President and a member of the Board of Directors of Atlanticus Holdings Corporation, effective March 31, 2014. The Company intends to continue paying Mr. House his current base salary ($83,333 per month) and providing his existing insurance coverage through August 31, 2014 in exchange for his completion of ongoing projects during this time.
