Notice of Termination of Consulting Agreement between Xybernaut Corporation and Dr. Edwin Vogt

Summary

Xybernaut Corporation is formally notifying Dr. Edwin Vogt that his consulting services agreement, including all related work orders, is being terminated due to organizational changes. According to the agreement, termination becomes effective thirty days from the date of this notice. After this period, Dr. Vogt will no longer provide consulting services to Xybernaut Corporation under the existing agreement.

EX-10.2 3 w09864exv10w2.htm EX-10.2 exv10w2  

     
 
 
   
  May 27, 2005
 
   
  Dr. Edwin Vogt
Xybernaut GmbH
Otto-Lilienthal-Str. 36
71034 Böblingen
  Re: Termination of Consulting Agreement
 
   
  Dear Mr. Vogt,
 
   
  Recent reorganizations and changing needs within Xybernaut Corporation have reduced the necessity for some of the ongoing consulting services previously provided to the company.
 
   
  Work Order #1 to the Consulting Agreement states:
 
   
  This agreement will continue on a quarterly basis and may be terminated by either party provided that notification of such termination is made to the other party within 30 days of the end of the calendar quarter. If notification is not made within such time period, the agreement will be considered terminated at the end of the next calendar quarter.
 
   
  Please consider this correspondence as formal notice of Xybernaut Corporation’s termination of your current consulting services agreement. Therefore, the termination of the Master Consulting Agreement and any related Work Orders is effective thirty (30) days of the date of this notice.
 
   
  Sincerely,
 
   
  /s/ Robert E. Henenlotter
  Robert E. Henenlotter, Esq.
In House Counsel