EXHIBIT10.2 PHILIP A.BARATELLI

EX-10.12 3 v156214_ex10-2.htm Unassociated Document
EXHIBIT 10.2
 
PHILIP A. BARATELLI
 

 
 
August 6, 2009
 

Clarus Corporation
One Landmark Square
Stamford, CT 06901


 
Re:
Clarus Corporation (the “Company”)

Dear Sirs:

In order to facilitate the Company’s efforts to reduce its level of operating expenses, I agree to a ten percent (10%) reduction of my current base salary of $200,000. This letter agreement is made an executed and shall be governed by the laws of the State of New York, without regard to the conflicts of laws principles thereof.  This letter agreement may be signed in counterparts, each of which shall be deemed to be an original and all of which shall constitute one agreement. If this letter agreement correctly expresses our mutual intentions, please execute and return the enclosed copy of this letter agreement to the undersigned.


By:
/s/ Philip A. Baratelli
 
   
Philip A. Baratelli
 

AGREED TO AND ACCEPTED
ON AUGUST 6, 2009

CLARUS CORPORATION


           
By:   
/s/ Warren B. Kanders
     
 
Name:  Warren B. Kanders
   
 
 
 
Title:  Chairman and Chief Executive Officer