From: ***@*** Sent: Tuesday, December 05, 2006 11:15 AM To: Oster, Helen cc: Nathe, Gerald; ***@***; ***@*** ***@***; ***@***; Puehringer, Karl; ***@*** Subject: non executive director agreement

EX-10.1 2 y27866exv10w1.htm EX-10.1: EMAIL TO CORPORATE SECRETARY EX-10.1
 

         
     
     
     
     
 
EXHIBIT 10.1
     
From:
  ***@***
 
    
Sent:
  Tuesday, December 05, 2006 11:15 AM
 
    
To:
  Oster, Helen
 
    
cc:
  Nathe, Gerald; ***@***; ***@***; ***@***; ***@***; Puehringer, Karl; ***@***
 
    
Subject:
  non executive director agreement
Hi Helen,
You will recall that at the time I agreed to join the Board, it was conditional upon a contractural arrangement being put in place.
This is something you and I have spoken of several times. As you know I supplied copies of such an arrangement which was put in place with First Technology Plc — a U.K. Public Company on whose Board I served.
I understand you have made efforts to put something together but without success. The reasons why you were unsucessful are unknown to me.
Unfortunately, I now have no alternative but to tender my resignation as a non-executive director, effective forthwith. I am writing a formal letter to Gerry, which I will fax to him.
May I wish you and all at the Company and Board colleagues a happy christmas and a prosperous new year.
Regards
Fred.
P.S. As you know I am currently in South Africa and I am never quite sure of the technology here. So if I’ve missed anybody, please feel free to send them a copy of this note.