Employment Agreement Extension Letter between The Titan Corporation and Mark Sopp
This letter from The Titan Corporation to Mark Sopp, the company's Senior Vice President and Chief Financial Officer, confirms the extension of his existing Employment Agreement. The agreement's term is extended by two years, now ending on April 2, 2007, unless ended earlier as specified in the original contract. All other terms and conditions of the original Employment Agreement remain unchanged and in effect.
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Exhibit 10.31
[Company Letterhead]
March 11, 2005
Mark Sopp
Sr. Vice President and
Chief Financial Officer
The Titan Corporation
- Re:
- Employment Agreement Extension
Dear Mark,
This will confirm that the Board of Directors has approved an extension of the term of that certain Employment Agreement between you and the Company dated April 2, 2003 (the "Employment Agreement").
Accordingly, the Term of the Employment Agreement, as such term is defined in the Employment Agreement, is hereby extended for an additional two year period, until April 2, 2007, unless terminated earlier in accordance with the Employment Agreement.
All other terms and conditions of the Employment Agreement shall remain unaffected by this extension and shall remain in full force and effect.
Very truly yours,
/s/ Gene W. Ray
Gene W. Ray
Chairman, CEO and President
The Titan Corporation
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- Exhibit 10.31