Letter Agreement Between Hooper Holmes, Inc. and Fred Lash Regarding Consulting Services (September 14, 2005)
Hooper Holmes, Inc. and Fred Lash entered into an agreement for Mr. Lash to make his services available to the company at reasonable times from September 15, 2005 through the end of the year. In return, the company will pay Mr. Lash $60,000, less applicable withholdings, within ten days after September 15, 2005. This agreement replaces a previous letter agreement dated August 17, 2005. Both parties have signed to confirm their acceptance of these terms.
EXHIBIT 10.1
September 14, 2005
Mr. Fred Lash
Hooper Holmes, Inc.
170 Mt. Airy Road
Basking Ridge, NJ 07920
Dear Fred:
This letter will confirm our recent conversation and supersedes the letter from Quentin J. Kennedy, Chairman of the Audit Committee, dated August 17, 2005 and countersigned by you.
Hooper Holmes, Inc. (the Company) is desirous of you making your services available, at reasonable times, from September 15, 2005 through the end of the year. In consideration of you making yourself available, the Company will pay you the sum of $60,000, less lawful withholdings, within ten (10) days following September 15, 2005.
If you are in agreement with the foregoing, please sign and return the enclosed copy of this letter.
Sincerely, |
/s/ Benjamin A. Currier |
Benjamin A. Currier |
Interim Chief Executive Officer & Chairman of the Board |
Agreed: |
/s/ Fred Lash |
Fred Lash |