CDT Ltd Employee Retirement Age Policy Amendment Letter (Effective December 1, 2006)

Summary

CDT Ltd has notified employees that, effective December 1, 2006, the company's retirement age will increase from 60 to 65 to comply with changes in UK employment law. Employees will receive written notice six months before their retirement date, including information about their rights and the option to request to work beyond the new retirement age. All other employment terms remain unchanged. Employees are asked to sign and return the letter to confirm acceptance of this change.

EX-10.4 3 rrd134512_16636.htm FORM LETTER TO EMPLOYEES WITH REGARD TO CHANGE IN RETIREMENT AGE EFFECTIVE DECEMBER 1, 2006 rrd134512_16636.html STRICTLY PERSONAL & CONFIDENTIAL


6 November 2006


"First_Name" "Surname"
"Department_Name"


Dear "First_Name",

I am writing to confirm that CDT is required to change the Company's policy on retirement age. This change is necessary to ensure that CDT can comply with amendments to UK employment legislation relating to age discrimination.

Therefore, with effect from 1 December 2006, CDT's retirement age will increase from 60 to 65 years of age. We will write to you six months in advance of your retirement age to fully inform you of your rights and entitlements at that time, including the right to request to continue working beyond this date should you so wish. You will be notified formally, in writing, of any further changes in CDT's retirement policy.

All other terms and conditions remain unchanged by this amendment to your retirement age.

Upon accepting this new term, I should be grateful if you would sign the attached copy of this letter as confirmation of your acceptance of this change to your terms and conditions of employment.

If you have any queries, with regards to CDT's retirement policy please do not hesitate to let me know.

Yours sincerely


Helen Quartermaine
HUMAN RESOURCES ADVISOR


I accept the change to my terms and conditions of employment with CDT Ltd, as detailed above.

Signed .....................................................................        Date ......................
                        "First_Name" "Surname"