Consultancy Termination Agreement between Crown Central Petroleum Corporation and Jack Africk

Contract Categories: Business Operations › Termination Agreements
Summary

Crown Central Petroleum Corporation and Jack Africk have mutually agreed to terminate their consultancy agreement, originally dated October 28, 1993. The termination will be effective at the close of business on April 28, 2000. Both parties acknowledge and confirm this decision in writing. The letter also expresses appreciation for Mr. Africk's contributions as a consultant to the company.

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EX-10.E 6 0006.txt EXHIBIT 10.E (CROWN CENTRAL PETROLEUM CORPORATION LETTERHEAD) March 30, 2000 Mr. Jack Africk 1200 North Federal Highway Suite 211 Boca Raton, FL 33431 Dear Jack: The terms of the letter agreement dated October 28, 1993 under which you serve as a consultant to the Company, in addition to serving on the Board and Committees of the Board, provide for cancellation of the agreement by either party at any time. This letter confirms our mutual decision to terminate the consultancy agreement effective at the close of business on April 28, 2000. Please acknowledge your concurrence by signing the duplicate copy of this letter in the space provided. Personally, and on behalf of the Directors and Officers of Crown, thank you for your many contributions as a consultant to the Company. Sincerely, /s/ Henry A. Rosenberg, Jr. Henry A. Rosenberg, Jr. Acknowledged: /s/ Jack Africk - --------------- Jack Africk