Extension of Employment Agreement between EF Johnson Technologies, Inc. and Michael E. Jalbert (October 2008)

Summary

EF Johnson Technologies, Inc. and Michael E. Jalbert have agreed to extend Mr. Jalbert's existing employment agreement, originally set to expire on October 14, 2008, through October 31, 2008. This extension provides additional time for both parties to negotiate and finalize a new employment agreement. The extension is formalized by mutual written consent and does not alter other terms of the original agreement.

EX-10.1 2 a08-26463_1ex10d1.htm EX-10.1

Exhibit 10.1

 

 

Direct Dial: 972 ###-###-####

Fax: 972 ###-###-####

Email: ***@***

 

October 14, 2008

 

Mr. Michael E. Jalbert

1440 Corporate Drive

Irving, Texas 75038

 

RE:                Employment Agreement (the “Employment Agreement”) dated October 15, 2002 by and between EF Johnson Technologies, Inc. (formerly known as EFJ, Inc.) and Michael E. Jalbert

 

Dear Mr. Jalbert:

 

As you know, the above-referenced Employment Agreement expires according to its terms on October 14, 2008.  You and the Compensation Committee of the Company’s Board of Directors have been discussing a new employment agreement between the parties; however, you have not yet reached final agreement on all of the key points of such new agreement.  Therefore, in the interim, the Compensation Committee wishes to extend the Employment Agreement through October 31, 2008, in order to allow the parties additional time to finalize a new agreement.

 

At the request and instruction of the Chairman of the Compensation Committee of the Board of Directors, the Company hereby extends the Employment Agreement through October 31, 2008.  Please sign where indicated below to signify your agreement with such extension.

 

 

 

Very truly yours,

 

 

 

 

 

 

 

 

/s/ Elaine Flud Rodriguez

 

 

Elaine Flud Rodriguez

 

 

Sr. Vice President, General Counsel and Secretary

 

AGREED this 14th day of

October, 2008

 

 

/s/ Michael E. Jalbert

 

 

Michael E. Jalbert

 

 

 

EF Johnson Technologies, Inc. · 1440 Corporate Drive, Irving, TX 75038-2401

800 ###-###-#### · 972 ###-###-#### • fax ###-###-####

www.EFJohnson.com