Amendment to Employment Agreement between Servotronics, Inc. and Kenneth D. Trbovich (February 20, 2015)
This letter agreement amends the existing Employment Agreement between Servotronics, Inc. and Kenneth D. Trbovich. The amendment extends the term of Mr. Trbovich's employment by changing the end date from December 31, 2018, to December 31, 2019. Both parties have agreed to this change, as indicated by their signatures. All other terms of the original and amended agreements remain in effect.
Exhibit 10.6
As of February 20, 2015
Kenneth D. Trbovich
2370 Lewis Road
South Wales, NY 14139-9711
Dear Mr. Kenneth D. Trbovich:
You and Servotronics, Inc. (the “Company”) are parties to an Employment Agreement, dated June 15, 2012 pursuant to which you are employed by the Company. This letter confirms such Employment Agreement and subsequent ratification and subsequent Amendment dated August 13, 2012 (the "Amended Agreement").
This letter will also confirm your agreement and that of the Company (pursuant to a resolution of the Board of Directors passed by Unanimous Written Consent on February 20, 2015) to amend Paragraph 1 of the Amended Agreement to delete “December 31, 2018” and insert in its place “December 31, 2019” subject to your acceptance which will be indicated by your signature below.
If the foregoing meets with your approval and you are willing to become bound hereby, will you please sign and return to the undersigned the enclosed copy of this letter.
Very truly yours,
SERVOTRONICS, INC.
/s/ Bernadine E. Kucinski
Bernadine E. Kucinski,
Assistant Corporate Secretary
ACCEPTED AND AGREED
| /s/ Kenneth D. Trbovich | As of February 20, 2015 | ||
| Kenneth D. Trbovich | Date | ||
