Amendment to Employment Agreement between Servotronics, Inc. and Nicholas D. Trbovich, Jr.
Servotronics, Inc. and Nicholas D. Trbovich, Jr., Vice President, have agreed to amend their existing employment agreement. The amendment extends the term of Mr. Trbovich’s employment by one year, changing the end date from July 1, 2010, to July 1, 2011. Both parties have confirmed their acceptance of this change by signing the amendment. All other terms of the original agreement remain in effect.
Exhibit 10(A)(6)
[Servotronics, Inc. Letterhead]
August 4, 2006
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 (the Amended "Agreement") pursuant to which you are employed by the Company. This letter confirms such Amended "Agreement" and subsequent ratification.
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 June 30, 2006) to amend Paragraph 1 of the Amended Agreement to delete "July 1, 2010" and insert in its place "July 1, 2011" 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/ Michael D. Trbovich
Michael D. Trbovich,
Corporate Secretary
ACCEPTED AND AGREED
/s/ Nicholas D. Trbovich, Jr. | August 4, 2006 |