1414 RADCLIFFE STREET, SUITE 300 BRISTOL, PA 19007 ###-###-#### TEL /215 ###-###-#### FAX WWW.SDI.COM
Exhibit 10.1
1414 RADCLIFFE STREET, SUITE 300
BRISTOL, PA 19007
215 ###-###-#### TEL /215 ###-###-#### FAX
WWW.SDI.COM
May 10, 2005
Mr. Philip Flynt
6655 Chelsea Gardens Way
Cumming, GA 30040
Dear Philip,
I have outlined the offer for employment at SDI below.
Summary of Offer
| Start Date: |
| Monday, May 9, 2005 |
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| Position: |
| Vice President, Chief Financial Officer and Treasurer |
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| Salary: |
| $180,000.00 per year paid in regular bi-weekly installments. |
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| Target Bonus: |
| Thirty percent (30%) of salary based upon a combination of mutually agreed individual goals and corporate performance parameters. The normal distribution is in the March 2006 timeframe. |
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| Benefits Package: |
| As delivered. |
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| Severance: |
| Six (6) months except in the event employment is terminated for cause. |
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| Perquisites: |
| Temporary living allowance to aid in your move decision. |
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| Travel: |
| Paid for by company for 6 months. |
| StoreLogicSM |
| StoreBuilderSM |
| In-Plant Store® |
Philip, we are very excited about your joining our team. While we have some challenges that require your immediate attention, I believe that with your talent and support, we will continue to grow a very prosperous business.
| Sincerely, | ||
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| /s/Donald C. Woodring |
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| Donald C. Woodring | ||
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| DCW/sam | ||
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| Accepted by: | ||
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| /s/ Philip D. Flynt |
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| on this 10th day of May, 2005 | ||
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