Charlton Compensation Clarification Letter between Aaron Charlton and Grant Hartford Corporation
This letter from Aaron Charlton to Grant Hartford Corporation, dated December 31, 2008, confirms that Charlton is entitled to a monthly compensation of $15,000 per his Employment Agreement, but has chosen to receive only $5,000 per month in cash since June 1, 2008. The remaining $10,000 per month is being accrued by the company without interest or a set repayment plan, and Charlton will continue this arrangement until the company is financially able to pay the accrued amount.
December 31, 2008
David Gilmer, Secretary
Grant Hartford Corporation
619 S.W. Higgins, Suite O
Missoula, MT 59830
Dear David;
This is to clarify that I am drawing $5,000 per month from the Company and that my Employment Agreement states that my compensation is $15,000 per month starting June 1, 2008. Since June 1st, 2008, I have chosen to accrue $10,000 of my compensation per month with the Company at no interest and no plan of payment. I intend to continue accruing this amount each month until the Company is fiscally able.
Best regards
Aaron Charlton
