1414 RADCLIFFESTREET, SUITE 300 BRISTOL, PA 19007 ###-###-#### TEL /215 ###-###-#### FAX WWW.SDI.COM
Exhibit 10.13
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 |
Position: |
| Vice President, Chief Financial Officer and Treasurer |
Salary: |
| $180,000.00 per year paid in regular bi-weekly installments. |
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. |
Benefits Package: |
| As delivered. |
Severance: |
| Six (6) months except in the event employment is terminated for cause. |
Perquisites: |
| Temporary living allowance to aid in your move decision. |
Travel: |
| Paid for by company for 6 months. |
Mr. Philip Flynt
May 10, 2005
Page 2
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,
/s/ Donald C. Woodring
Donald C. Woodring
DCW/sam
Accepted by:
/s/ Philip D. Flynt |
on this 10th day of May, 2005 |
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