1414 RADCLIFFESTREET, SUITE 300 BRISTOL, PA 19007 ###-###-#### TEL /215 ###-###-#### FAX WWW.SDI.COM

EX-10.13 2 a06-2984_1ex10d13.htm MATERIAL CONTRACTS

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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