Consulting and CFO Services Letter Agreement between BKF Capital Group, Inc. and J. Clarke Gray

Summary

BKF Capital Group, Inc. and J. Clarke Gray have agreed that Mr. Gray will serve as the Company's Chief Financial Officer, starting July 1, 2007, and continue until a replacement is named. He will provide typical CFO services and any additional duties requested by the CEO or Chairman. The agreement also nullifies Mr. Gray's previous resignation as CFO under a prior separation agreement.

EX-10.1 2 dex101.htm LETTER AGREEMENT BETWEEN THE COMPANY AND J. CLARKE GRAY Letter agreement between the Company and J. Clarke Gray

Exhibit 10.1

BFK CAPITAL GROUP, INC.

One Rockefeller Plaza

New York, New York 10020

June 29, 2007

Mr. Gray:

This letter set forth the terms under which you shall provide BKF Capital Group, Inc. (“Company”) with certain consulting services, commencing on July 1, 2007 and continuing until a replacement is named.

Specifically, you shall serve as the Company’s Chief Financial Officer and provide the Company with services customarily relating to such position and as may otherwise be reasonably requested by the Chief Executive Officer or Chairman of the Board of the Company. Any resignation from the office of Chief Financial Officer contemplated by the separation agreement, dated October 31, 2006, between you and the Company is hereby rescinded and shall be deemed null and void.


Very truly yours,

BKF CAPITAL GROUP, INC.

By:		/s/ Harvey J. Bazaar
		Harvey J. Bazaar
		Chief Executive Officer

Accepted:

/s/ J. Clarke Gray

J. Clarke Gray