Amendment to Employment Agreement between Servotronics, Inc. and Nicholas D. Trbovich, Jr. (July 2, 2009)

Summary

This letter agreement amends the existing employment agreement between Servotronics, Inc. and Nicholas D. Trbovich, Jr. It confirms prior amendments and increases Mr. Trbovich's annual salary from $275,000 to $288,750, effective May 1, 2009. The amendment is subject to Mr. Trbovich's acceptance, as indicated by his signature. All other terms of the original and previously amended agreements remain in effect.

EX-10.A3 4 extenathree.htm AMENDED EMPLOYMENT AGREEMENT extenathree.htm

Exhibit 10(A)(3)

As of July 2, 2009

Nicholas D. Trbovich, Jr.

28 Tanglewood Drive, West

Orchard Park, NY 14127

Dear Mr. Nicholas D. Trbovich, Jr.:

You and Servotronics, Inc. (the “Company”) are parties to an Amended Employment Agreement, dated July 1, 2005 and ratified on June 30, 2006 pursuant to which you are employed by the Company. This letter confirms such Amended Employment Agreement and subsequent ratification and subsequent Amendments dated August 4, 2006, July 6, 2007, July 9, 2008 and December 31, 2008 and any and all other relevant amendments (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 at a meeting held on July 2, 2009) to amend Paragraph 3 of the Amended Agreement to delete “$275,000” and insert in its place “$288,750.00” (effective May 1, 2009) 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/ Nicholas D. Trbovich, Jr.			As of July 2, 2009
Nicholas D. Trbovich, Jr.			Date